Global Automotive Electronics Control Unit Management (ECU/ECM) Market to Exhibit 6.3% CAGR 2014-2020 owing to Rise in Number of Autonomous Cars

A recent market research report published by Transparency Market Research states that the global automotive electronics control unit management market is anticipated to expand at a CAGR of 6.3% during the period between 2014 and 2020. The report, titled “Automotive Electronics Control Unit Management (ECU/ECM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” projects the global automotive electronics control unit management market to stand at a valuation of US$43.72 bn by 2020. The overall market was worth US$28.6 bn in 2013.

Automotive electronics control units are widely used across various automobile segments such as commercial vehicles, utility vehicles, and passenger cars. Automotive electronics control unit management is implemented for the operation of various technologies including engine management, transmission control, body control, airbag restraint, and other systems. The ever-growing demand for automotive electronics control unit management from the emerging economies in Asia Pacific has fuelled the growth of the global automotive electronics control unit management market.

The report states that the growing demand for automotive embedded systems and the growing inclination toward a luxurious lifestyle have propelled the growth of the global automotive electronics control unit management market. However, the complexity of the system, coupled with cost pressures might play spoilsport in the growth of the market. The overall market has a huge opportunity to grow with the rise in the number of autonomous cars.

In terms of technology, the report segments the global automotive electronics control unit management market into the following systems: Engine management, transmission control, climate control, anti-lock braking, airbag restraint, power steering, and body control. Power steering dominates the market as the leading technology.

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On the basis of application, the report categorizes the global automotive electronics control unit management market into passenger cars, utility vehicles, and commercial vehicles. Passenger cars dominate the market, followed by commercial and utility vehicles.

The report studies the global automotive electronics control unit management market across four key regions: Europe, North America, Asia Pacific, and Rest of the World. Presently, Europe leads the overall market owing to the established base of the automotive industry in the U.K. and Central Europe. The implementation of strict compliance laws to ensure convenient and safe driving has propelled the growth of the market in Europe. However, during the forecast period, Asia Pacific is anticipated to register strong growth with the automotive industry focusing on building manufacturing facilities in the region.

Describing the competitive landscape, the report profiles some of the Key Players in the global automotive electronics control unit management market such as Denso Corporation, Continental AG, Robert Bosch, Delphi Automotive Plc, General Motors Company, Lear Corporation Hyundai Mobis Co. Ltd., Alps Electric Co. Ltd., Panasonic Corporation, and Hitachi Automotive Systems Ltd. The report also offers insightful details about the market players including their company overview, business strategies, financial overview, and recent developments.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Anti-counterfeit Electrical & Electronics Packaging Market - Global Industry Analysis, Growth, Trends, Forecast 2024

The malpractice of counterfeiting has become a severe matter of concern for the OEMs of (Electrical & Electronics) E&E products across the globe. Counterfeiting is globally affecting the E&E industry, resulting into innumerable tangible and intangible losses for the players operating in the industry. A large number of counterfeit E&E products, carrying brand name of the leading industry players, are making their way into the local market. Apart from affecting the companies financially, the market penetration of such products also causes an enormous damage to the brand image of the affected company, earned over a long course of period.

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The forged electrical & electronics products are so well packaged that there detection during normal investigation becomes impossible and, thus, these products make their way into the local retail markets. The poor quality of these forged E&E products leads to various problems, such as short circuits, small appliance-life, rise in probability of electrical fires, etc., which in turn lead to the further deterioration of the brand image of the affected company. The global electrical & electronics industry endures huge monetary losses every year due to the presence of counterfeit products in the market.

Anti-counterfeit electrical & electronics packaging technology has emerged as one of the most efficient solutions to limit the market infiltration of counterfeited electrical & electronics products globally. Growing population and urbanization is further propelling the demand for E&E products globally. Due to their high demand, E&E products are available virtually in all markets. Easy availability of these products in the local market makes them more susceptible to being counterfeited. Besides, ever-increasing cases of counterfeiting in electrical & electronics products is compelling the market players to go for anti-counterfeit electrical & electronics packaging.

Besides, various new and innovative technologies for the verification and authentication of original electrical & electronic products are making foray into the market. The utilization of such technologies on a commercial scale by E&E OEM manufacturers is leading to the rise in demand for anti-counterfeit electrical & electronics packaging worldwide. High use of this packaging is anticipated to lead to the significantly high growth rate of the market over the forecast period of 2016-2024.

Customers too, in order to skip the trouble caused by forged products and for the best utilization of their money, are becoming increasingly concerned about counterfeited products. Various governments are also becoming increasingly active against the use of counterfeit E&E products. This makes the global companies more optimistic about investing in advanced anti-counterfeit technologies. Due to these reasons, the global anti-counterfeit electrical and electronics packaging market is anticipated to expand at a significantly higher growth rate over the forecast period, accounting for multi-millions US$ by the end of the forecast period.

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There are also some factors which are restraining growth of the anti-counterfeit electrical & electronics packaging market currently. High capital expenditure required to set up anti-counterfeit technology systems and usage-impact of this system on the supply chain network of the companies work are the major factors restraining growth of this market currently.

The global anti-counterfeit electrical and electronics packaging market is segmented on the basis of technology and regions. On the basis of technology, the market is segmented into authentication packaging technology and track and trace packaging technology. The authentication technology segment is further sub-segmented into ink & dyes, holograms, watermarks, and taggants. The track and trace packaging technology segment is sub-segmented into barcode technology and RFID technology.

On the basis of geography, the global anti-counterfeit electrical & electronics packaging market is segmented into seven main regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa, and Japan. North America, followed by Europe market, are expected to account for the largest share of the global anti-counterfeit electrical & electronics packaging market. The market in the Asia-Pacific region is also expected to grow at a significant rate, thereby contributing to the overall growth of the global anti-counterfeit electrical & electronics packaging market over the forecast period.

Some of the Key Players covered in this study of global anti-counterfeit Electrical & electronics packaging market are Zebra Technologies, Alien Technology Corp., AlpVision, Avery Dennison Corp., SICPA HOLDING SA, Microtrace, LLC, Impinj, Inc. and others.

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.