According to a new market report published by Transparency Market Research AutomotiveEngine Management System Market - Global Industry Analysis, Size,Share, Growth, Trends and Forecast, 2015 - 2021,” the market was valued at USD 145.13 billion in 2014, which is expected to reach USD 210.60 billion by 2021, growing at a CAGR of 5.5% from 2015 to 2021.Increasing GDP and technological up gradation are the major drivers for the rise in demand for automotive engine management system market globally. Based on the types of engine, the global automotive engine management system market is segmented into gasoline and diesel. Further, by types of vehicle, the automotive engine management system market has been segmented into passenger car, LCV and HCV.
Gasoline engine held
the largest market share in the automotive engine management system
market followed by diesel engine. The low maintenance and better fuel
combustion drives the gasoline engine market. By vehicle types, the
passenger car segment held the maximum market share. Increasing GDP
and per capita income in Asia Pacific are driving the automotive
industry. China and India are the prime markets for passenger cars in
Asia Pacific. In addition, government norms and regulations
implemented for reducing environmental pollution are expected to
increase demand for the automotive engine management system during
the forecast period.
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the full Automotive Engine Management System Market Report @ :
In 2014, Europe
dominated the market share of the automotive engine management system
market. The presence of OEM’s such as Mercedes Benz, BMW and
Volkswagen among others in Europe is driving the market as it creates
a substantial demand for premium passenger cars. However, Asia
Pacific is one of the attractive markets due to increasing disposable
income. Moreover, government norms and regulations for controlling
environmental pollution are also driving the growth of the automotive
engine management system market in this region.
Robert Bosch GmbH,
Continental AG. Delphi Automotive PLC, Denso Corporation, Hitachi
Automotive Systems Ltd., Infineon Technologies AG, Sensata
Technologies and BorgWarner Inc are among some of the key players in
the automotive engine management system market. The market has been
segmented as follows:
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the full Automotive Engine Management System Market press release @ :
Global Automotive
Engine Management System Market: By geography
- North America
- Europe
- Asia Pacific
- Rest of the World
The report provides
a cross-sectional analysis of all the below segments with respect to
the above mentioned regions.
Global Automotive
Engine Management System Market: By Engine Type
- Gasoline
- Diesel
Global Automotive
Engine Management System Market: By Vehicle Type
- Passenger cars
- LCV
- HCV
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Free Sample Report Automotive Engine Management System Market :
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