Global Automotive Braking System ECU Market 2019-2023

Global Automotive Braking System ECU Industry Overview

ECU applications in automotive braking systems have increased the performance characteristics of a vehicle's braking system. ECUs in braking systems and associated braking functionalities continuously monitor vehicle speed, braking force, acceleration, and other parameters with the help of either sensor, radar, or lidar. The use of ECUs in automotive braking, thus, has helped in making braking more precise and accurate. An automotive braking system forms an integral part of a vehicle and serves as the key safety parameter. The global automotive industry has witnessed a shift from mechanical braking systems to hydraulic, electro-hydraulic, and all-electric braking systems. The use of ECUs in automotive braking systems has increased over the years, and current braking systems are finding greater use of ECUs. Hence, improved braking performance and brake effectiveness with integration of ECUs will drive the automotive braking system ECU market growth during the forecast period.

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Companies covered

The automotive braking system ECU market is fragmented since the market has a number of companies. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this automotive braking system ECU industry analysis report will aid clients identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of automotive braking system ECU manufacturers including:

• Autoliv
• Bosch
• Continental
• Denso
• Hitachi
• Mitsubishi Electric
• ZF Friedrichshafen

Automotive braking system ECU market growth based on geographic region:

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in APAC will contribute to the maximum growth of this automotive braking system ECU market throughout the predicted period.

Automotive braking system ECU market growth based on application

• Passenger vehicles
• Commercial vehicles

According to our market research experts, the passenger vehicles segment will account for the highest share and growth rate of the market. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the automotive braking system ECU market size.

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Key highlights of the global automotive braking system ECU market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the automotive braking system ECU market during the next five years
• Precise estimation of the global automotive braking system ECU market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the automotive braking system ECU industry across the Americas, APAC, and EMEA
• A thorough analysis of the market's competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of automotive braking system ECU manufacturers

This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global automotive braking system ECU market and its stakeholders over the forecast years. The global automotive braking system ECU market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact automotive braking system ECU market size till 2023.

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