Autonomous vehicle ECU market to grow at a CAGR of 24.12%: Evolving opportunities with Aptiv PLC, Autoliv Inc among others – Technavio

NEW YORK, Feb. 14, 2023 /PRNewswire/ — The global autonomous vehicle ECU market size is estimated to increase by USD 2,446.92 million between 2022 and 2027. The market’s growth momentum will accelerate at a CAGR of 24.12%. The report also includes historic market data from 2017 to 2021. In 2017, the autonomous vehicle ECU market was valued at USD 486.64 million. COVID-19 had the most negative impact on the global automotive industry in recent years, resulting in a steep fall in demand and a large-scale disruption of the supply chain. It has exerted intense pressure on an already-stressed global automotive market. Yet, there are high predictions that few countries are bringing manufacturing facilities and production back on track, indicating that the supply side is on a restoration line. Discover more insights on the market – Request a sample report

Key trends – The growing popularity of semi-autonomous trucks is a key trend in the market. The demand for truck platooning systems is increasing among industrialized nations, which has fueled the demand for semi-autonomous trucks. Truck platooning requires the installation of high-end, specialized platooning algorithms that incorporate sensor fusion of radar, LiDAR, and cameras in vehicles as well as platooning systems that install ADAS. The vehicles automatically synchronize speed and braking actions, which increases fuel efficiency and improves traffic congestion control. Thus, the growing demand for truck platooning by large fleet operators in developed economies is expected to fuel the adoption of semi-autonomous trucks during the forecast period, which, in turn, will support market growth. Know more – Buy the Report!

Autonomous vehicle ECU market – Customer landscape

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Autonomous vehicle ECU market – Vendor analysis

Vendor landscape –

The global autonomous vehicle ECU market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer autonomous vehicle ECU in the market are Aptiv PLC, Autoliv Inc., Continental AG, DENSO Corp., Hitachi Ltd., Hyundai Motor Group, Infineon Technologies AG, Intel Corp., Johnson Controls International Plc., Magna International Inc., Marelli Holdings Co. Ltd., Mitsubishi Electric Corp., NVIDIA Corp., NXP Semiconductors NV, Panasonic Holdings Corp., Renesas Electronics Corp., Robert Bosch GmbH, Stellantis NV, Texas Instruments Inc., and ZF Friedrichshafen AG and others.

Autonomous vehicle manufacturers are focusing on developing technologically advanced vehicles. The development of autonomous features and smart road infrastructure will provide immense growth opportunities for the growth of the global autonomous vehicle ECU market. Vendors compete on the basis of contracts won, product and aftermarket service quality, reliability, and cost. To survive and prosper in a competitive business atmosphere, it is crucial for vendors to offer autonomous vehicles that feature latest technologies. Hence, the competition among the vendors is expected to intensify during the forecast period.

Vendor offerings –

• Aptiv PLC – The company offers autonomous vehicle ECU such as Aptiv Smart Vehicle Architecture.
• Autoliv Inc. – The company offers autonomous vehicle ECU under the brand Veoneer.
• Continental AG – The company offers autonomous vehicle ECU such as Airbag Control Unit Premium.
• DENSO Corp. – The company offers autonomous vehicle ECU such as Automated Driving Extension Electronic Control Unit.

Autonomous vehicle ECU market – Segmentation assessment

Segment overview

Technavio has segmented the market based on Application (Semi-autonomous and Autonomous) and Geography (North America, Europe, APAC, South America, and Middle East and Africa). 

• The passenger car segment will account for a significant share of the market’s growth during the forecast period. Automakers are focusing on developing autonomous technology for passenger cars, with the rise in demand for autonomous vehicles from ride-hailing and logistics companies. Such factors will drive the segment growth during the forecast period.

Geography overview

Based on geography, the global autonomous vehicle ECU market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global autonomous vehicle ECU market.

• North America is estimated to account for 46% of the growth of the global market during the forecast period. The US, Canada, and Mexico are the key countries in the market. Many prominent vehicle manufacturers are moving their manufacturing facilities to Mexico owing to labor arbitrage and low production costs. This has increased vehicle production in the country and, in turn, the demand for autonomous technologies. Such factors will drive market growth during the forecast period.

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Autonomous vehicle ECU market – Market dynamics

Leading drivers – The rising number of accidents due to human errors is driving the global autonomous vehicle ECU market growth. Driver error is the main cause of accidents. These accidents can be prevented by encouraging drivers to take precautions and incorporating numerous technologies in vehicles, such as active safety systems. Hence, the automotive ecosystem will gradually shift to autonomous vehicles that are free from human errors. These factors will fuel the market growth during the forecast period.

Major challenges – The high cost associated with semi-autonomous and autonomous technologies is challenging the global autonomous vehicle ECU market growth. The use of ADAS technologies and systems, including radars, cameras, sensors, and delicate and sophisticated image analysis algorithms, is limited to luxury automobiles due to their high costs and maintenance. For instance, ACC is rarely offered in low-cost vehicles, as it costs more than USD 1,500. Similarly, night vision cameras comprise various sensors, such as uncooled microbolometer sensors, which are highly expensive. Such factors will challenge the growth of the market during the forecast period.

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this autonomous vehicle ECU market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the autonomous vehicle ECU market between 2023 and 2027
• Precise estimation of the size of the autonomous vehicle ECU market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the autonomous vehicle ECU market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of autonomous vehicle ECU market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global autonomous vehicle ECU market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global autonomous vehicle ECU market 2017 – 2021 ($ million)

• 4.2 Vehicle type Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – Vehicle type Segment 2017 – 2021 ($ million)

• 4.3 Application Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Vehicle Type

• 6.1 Market segments 
• Exhibit 30: Chart on Vehicle Type – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Vehicle Type – Market share 2022-2027 (%)

• 6.2 Comparison by Vehicle Type 
• Exhibit 32: Chart on Comparison by Vehicle Type
• Exhibit 33: Data Table on Comparison by Vehicle Type

• 6.3 Passenger car – Market size and forecast 2022-2027
• Exhibit 34: Chart on Passenger car – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Passenger car – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Passenger car – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Passenger car – Year-over-year growth 2022-2027 (%)

• 6.4 Light commercial vehicle – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Light commercial vehicle – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Light commercial vehicle – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Light commercial vehicle – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Light commercial vehicle – Year-over-year growth 2022-2027 (%)

• 6.5 Heavy commercial vehicle – Market size and forecast 2022-2027 
• Exhibit 42: Chart on Heavy commercial vehicle – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Heavy commercial vehicle – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Heavy commercial vehicle – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Heavy commercial vehicle – Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Vehicle Type 
• Exhibit 46: Market opportunity by Vehicle Type ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 47: Chart on Application – Market share 2022-2027 (%)
• Exhibit 48: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 49: Chart on Comparison by Application
• Exhibit 50: Data Table on Comparison by Application

• 7.3 Semi-autonomous – Market size and forecast 2022-2027
• Exhibit 51: Chart on Semi-autonomous – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Semi-autonomous – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Semi-autonomous – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Semi-autonomous – Year-over-year growth 2022-2027 (%)

• 7.4 Autonomous – Market size and forecast 2022-2027
• Exhibit 55: Chart on Autonomous – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Autonomous – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Autonomous – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Autonomous – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Application 
• Exhibit 59: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 65: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027
• Exhibit 77: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027
• Exhibit 89: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027
• Exhibit 93: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 UK – Market size and forecast 2022-2027
• Exhibit 97: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.12 Japan – Market size and forecast 2022-2027
• Exhibit 101: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Aptiv PLC 
• Exhibit 112: Aptiv PLC – Overview
• Exhibit 113: Aptiv PLC – Business segments
• Exhibit 114: Aptiv PLC – Key offerings
• Exhibit 115: Aptiv PLC – Segment focus

• 12.4 Autoliv Inc. 
• Exhibit 116: Autoliv Inc. – Overview
• Exhibit 117: Autoliv Inc. – Product / Service
• Exhibit 118: Autoliv Inc. – Key news
• Exhibit 119: Autoliv Inc. – Key offerings

• 12.5 Continental AG 
• Exhibit 120: Continental AG – Overview
• Exhibit 121: Continental AG – Business segments
• Exhibit 122: Continental AG – Key offerings
• Exhibit 123: Continental AG – Segment focus

• 12.6 DENSO Corp. 
• Exhibit 124: DENSO Corp. – Overview
• Exhibit 125: DENSO Corp. – Business segments
• Exhibit 126: DENSO Corp. – Key news
• Exhibit 127: DENSO Corp. – Key offerings
• Exhibit 128: DENSO Corp. – Segment focus

• 12.7 Hitachi Ltd. 
• Exhibit 129: Hitachi Ltd. – Overview
• Exhibit 130: Hitachi Ltd. – Business segments
• Exhibit 131: Hitachi Ltd. – Key news
• Exhibit 132: Hitachi Ltd. – Key offerings
• Exhibit 133: Hitachi Ltd. – Segment focus

• 12.8 Infineon Technologies AG 
• Exhibit 134: Infineon Technologies AG – Overview
• Exhibit 135: Infineon Technologies AG – Business segments
• Exhibit 136: Infineon Technologies AG – Key news
• Exhibit 137: Infineon Technologies AG – Key offerings
• Exhibit 138: Infineon Technologies AG – Segment focus

• 12.9 Intel Corp. 
• Exhibit 139: Intel Corp. – Overview
• Exhibit 140: Intel Corp. – Business segments
• Exhibit 141: Intel Corp. – Key news
• Exhibit 142: Intel Corp. – Key offerings
• Exhibit 143: Intel Corp. – Segment focus

• 12.10 Magna International Inc. 
• Exhibit 144: Magna International Inc. – Overview
• Exhibit 145: Magna International Inc. – Business segments
• Exhibit 146: Magna International Inc. – Key news
• Exhibit 147: Magna International Inc. – Key offerings
• Exhibit 148: Magna International Inc. – Segment focus

• 12.11 NVIDIA Corp. 
• Exhibit 149: NVIDIA Corp. – Overview
• Exhibit 150: NVIDIA Corp. – Business segments
• Exhibit 151: NVIDIA Corp. – Key news
• Exhibit 152: NVIDIA Corp. – Key offerings
• Exhibit 153: NVIDIA Corp. – Segment focus

• 12.12 NXP Semiconductors NV 
• Exhibit 154: NXP Semiconductors NV – Overview
• Exhibit 155: NXP Semiconductors NV – Product / Service
• Exhibit 156: NXP Semiconductors NV – Key news
• Exhibit 157: NXP Semiconductors NV – Key offerings

• 12.13 Panasonic Holdings Corp. 
• Exhibit 158: Panasonic Holdings Corp. – Overview
• Exhibit 159: Panasonic Holdings Corp. – Business segments
• Exhibit 160: Panasonic Holdings Corp. – Key news
• Exhibit 161: Panasonic Holdings Corp. – Key offerings
• Exhibit 162: Panasonic Holdings Corp. – Segment focus

• 12.14 Renesas Electronics Corp. 
• Exhibit 163: Renesas Electronics Corp. – Overview
• Exhibit 164: Renesas Electronics Corp. – Business segments
• Exhibit 165: Renesas Electronics Corp. – Key offerings
• Exhibit 166: Renesas Electronics Corp. – Segment focus

• 12.15 Robert Bosch GmbH 
• Exhibit 167: Robert Bosch GmbH – Overview
• Exhibit 168: Robert Bosch GmbH – Business segments
• Exhibit 169: Robert Bosch GmbH – Key news
• Exhibit 170: Robert Bosch GmbH – Key offerings
• Exhibit 171: Robert Bosch GmbH – Segment focus

• 12.16 Stellantis NV 
• Exhibit 172: Stellantis NV – Overview
• Exhibit 173: Stellantis NV – Business segments
• Exhibit 174: Stellantis NV – Key news
• Exhibit 175: Stellantis NV – Key offerings
• Exhibit 176: Stellantis NV – Segment focus

• 12.17 ZF Friedrichshafen AG 
• Exhibit 177: ZF Friedrichshafen AG – Overview
• Exhibit 178: ZF Friedrichshafen AG – Business segments
• Exhibit 179: ZF Friedrichshafen AG – Key news
• Exhibit 180: ZF Friedrichshafen AG – Key offerings
• Exhibit 181: ZF Friedrichshafen AG – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 182: Inclusions checklist
• Exhibit 183: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 184: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 185: Research methodology
• Exhibit 186: Validation techniques employed for market sizing
• Exhibit 187: Information sources

• 13.5 List of abbreviations 
• Exhibit 188: List of abbreviations

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