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Download Free sampleThe global Automotive ECU market was valued at 52.22 Million USD in 2021 and will grow with a CAGR of .82% from 2021 to 2027, based on newly published report.
The prime objective of Automotive ECU Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive ECU Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
An Automotive engine control unit (ECU) is a type of electronic control unit that controls a series of actuators on an internal combustion engine to ensure optimal engine performance.At present, in the foreign industrial developed countries the automotive ECU industry is generally at a more advanced level, the world`s large enterprises are mainly concentrated in the United States, Europe, Japan, etc. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies` manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese automotive ECU production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase . Chinese automotive ECU industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international automotive ECU large consumption country, but the production technology is relatively laggard, currently can only produce some low-end product, although after 2012 the new production lines is increasing, the technology is still relying on import. With the rapid growth of the national economy as well as the rapid development of downstream industries, Chinese automotive ECU market demand is exuberant, providing a good opportunity for the development of automotive ECU market and technology. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Along with the development of Chinese domestic equipment, Chinese domestic equipment has been very mature and advanced, and the performance distance has been shorten compared with the imported equipment. Although automotive ECU brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not enter into this field.
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