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The future of the global vehicle control unit market looks promising with opportunities in passenger cars, and commercial vehicles segments. The global vehicle control unit market is expected to grow with a CAGR of 17%-19% from 2021 to 2026. The major drivers for this market are increasing demand for passenger and commercial vehicles, increase in sale of vehicle control unit and rise in electrification and automation.
Emerging trends, which have a direct impact on the dynamics of the industry, include innovation in ADAS system, and increasing emphasis on advanced and innovative vehicle electronics technologies in electric vehicles.
A total of xx figures / charts and xx tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies’ researched and other details of the global vehicle control unit market report, please download the report brochure.
The study includes a forecast for the global vehicle control unit market by propulsion type, communication type, capacity, function, vehicle type and region, as follows:
By Propulsion Type [Value ($ Million) from 2015 to 2026]:
By Communication Type [Value ($ Million) from 2015 to 2026]:
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Controller Area Network
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Local Internet Network
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FlexRay
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Ethernet
By Capacity [Value ($ Million) from 2015 to 2026]:
By Function [Value ($ Million) from 2015 to 2026]:
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Autonomous Driving/ADAS
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Predictive Technology
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
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Passenger Cars
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Commercial Vehicles
By Region [Value ($ Million) from 2015 to 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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APAC
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China
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India
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Japan
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ROW
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Middle East
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Brazil
Some of the Vehicle Control Unit companies profiled in this report include Continental AG, Mitsubishi Electric Corporation, Robert Bosch GmbH, Pi Innovo, Embitel, Texas Instruments, STMicroelectronics, Rimac Automobili, Autonomous Solutions, Inc., and Iet Spa.
Lucintel forecasts that controller area network will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to the increase in the demand for electric vehicles to avoid pollution and emission caused by traditional fuels.
Within the global vehicle control unit market, the passenger cars segment is expected to witness the highest growth over the forecast period due to the rising demand for fuel-efficient vehicles and rising sales and production of the vehicle control unit.
APAC is expected to remain the largest market and witness the highest growth rate over the forecast period due to the large electric vehicle sales volume, and increasing volume of quick service and fast-food restaurants.
Features of the Global Vehicle Control Unit Market
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Market Size Estimates: Global vehicle control unit market size estimation in terms of value ($M) shipment.
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments.
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Segmentation Analysis: Global vehicle control unit market size by various segments, such as by propulsion type, communication type, capacity, function and vehicle type in terms of value
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Regional Analysis: Global vehicle control unit market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
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Growth Opportunities: Analysis of growth opportunities in different by propulsion type, communication type, capacity, function, vehicle type and regions for the global vehicle control unit market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global vehicle control unit market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising growth opportunities for the global vehicle control unit market by propulsion type (BEV, HEV and PHEV), communication type (controller area network, local interconnect network, flexray and ethernet), capacity (16-bit, 32-bit and 64-bit), function (autonomous driving/ADAS and predictive technology), vehicle type (passenger cars and commercial vehicles) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M & A activity has occur in the last five years? |
Report Scope
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Key Features |
Description |
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Base Year for Estimation |
2020 |
Trend Period
(Actual Estimates) |
2015-2020 |
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Forecast Period |
2021-2026 |
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Pages |
210 |
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Market Representation / Units |
Revenue in US $ Million |
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Regional Scope |
North America (USA, Mexico, and Canada), Europe (Germany and United Kingdom), Asia (China, Japan, and India), and ROW (Middle East and Brazil) |
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Report Coverage |
Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
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Market Segments |
Propulsion Type (BEV, HEV and PHEV), Communication Type (Controller Area Network, Local Interconnect Network, Flexray and Ethernet), Capacity (16-Bit, 32-Bit and 64-Bit), Function (Autonomous Driving/ADAS and Predictive Technology), Vehicle Type (Passenger Cars and Commercial Vehicles) |
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Customization |
10% Customization without Any Additional Cost |