January 15, 2021

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Nov 26, 2020 (AB Digital via COMTEX) —
The global Automotive Electronic Control Unit Market size is expected to reach USD 84.29 billion by 2025, growing at a 4.4% CAGR over the forecast period, according to a study conducted by Grand View Rese0arch, Inc. The increasing demand for hybrid and luxury vehicles, rising deployment of infotainment systems, and growing preference for ADAS and automated safety systems are fueling the demand for automotive electronic control units (ECUs). Additionally, a growing number of functionalities to control several electronic components in the vehicle such as, dashboard instruments, engine, telematics, and powertrain, has also resulted in significant growth in the average number of ECUs used per vehicle.

Moreover, the governments and regulatory bodies are mandating the installation of several safety systems in a vehicle, such as adaptive cruise control, adaptive front lighting, and anti-lock braking system, among others, to increase road safety. Recently, the AUTOSAR Alliance has been formed to standardize the approach of the designing and developing of layers between ECU hardware and application software. Additionally, in April 2016, the European New Car Assessment Programme (NCAP) was launched to reduce the risk of accidents by mandating the integration of lane-departure warning and anti-lock braking systems in vehicles during their production phase. This is anticipated to make the integration of hardware and software more scalable and flexible.

Furthermore, the automotive ECU market directly depends upon the automotive production across the globe. Thus, the increasing automotive production across emerging economies would fuel the demand for automotive ECUs over the forecast period. Several government initiatives to mandate the installation of advanced safety systems in vehicles, coupled with the growing preference of consumers for luxury and hybrid vehicles are the key factors boosting the research & development spending on automotive ECUs. For instance, In October 2017, NXP Semiconductors N.V. revealed NXP S32 platform, an all-new control and compute concept for electric, autonomous and connected cars.

The Asia Pacific region dominated the market in 2018, a trend that is expected to continue over the forecast period. This is attributed to the significant investments in the automotive industry in emerging countries, such as China, South Korea, Japan, and India. Additionally, the Chinese market is estimated to reach USD 36.65 billion by 2025, growing at a CAGR of 9.5% from 2019 to 2025. Continuous technological innovations to reduce the ECU count per vehicle is also expected to create substantial opportunities in the Asia Pacific region.

The North American market is projected to expand at a considerable CAGR over the forecast period owing to several regulations and declarations made by the governments in the region to positively influence the demand for electric vehicles. For instance, the Californian government has set up a target of reaching 1.5 million zero-emission vehicles, thus boosting the regional demand.

Some of the key players operating in the market are Altera (Intel Corporation), Autoliv Inc., Continental AG, Delphi Technologies, Denso Corporation, Hyundai Mobis, NXP

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SAN FRANCISCO, Nov. 17, 2020 /PRNewswire/ — The global automotive lightweight material market size is expected to reach USD 105.4 billion by 2027, according to a new report by Grand View Research Inc., expanding at a CAGR of 5.9% from 2020 to 2027. A rise in demand for weight reduction in passenger cars and commercial vehicles to support fuel efficiency is expected to ascend the demand for lightweight materials over the forecast period.

Key suggestions from the report:

  • The metallic automotive materials segment held the largest revenue share of 50.7% in 2019 on account of its wide utilization in vehicle manufacturing, such as passenger cars and light and heavy commercial vehicles
  • In 2019, the body in the white application segment dominated the market with a share of 25.1% and is likely to grow at a moderate rate in the expected period. Increasing demand for the lightweight frame in the vehicle is likely to support the segment growth
  • In North America, the composite automotive material segment was valued at USD 4.3 billion in 2019 on account of the wide acceptance of these materials in vehicle weight reduction
  • Europe accounted for the largest revenue share in 2019. The wide presence of automobile manufacturers in the region is expected to drive the regional market
  • The introduction of electric vehicles by Tesla, Inc., which include passenger cars, specialty trucks, and large size trucks, is anticipated to influence other vehicle manufacturers, thus positively impacting the demand for lightweight materials.

Read 170 page research report with ToC on “Automotive Lightweight Material Market Size, Share & Trends Analysis Report By Material (Metal, Composite), By Application (Body In White, Interior), By End User (Passenger Cars, HCVs), And Segment Forecasts, 2020 – 2027” at: https://www.grandviewresearch.com/industry-analysis/automotive-lightweight-material-market

These materials are widely available in different forms, like metal, composites, plastics, and elastomer, thus providing growth prospects for the market. Commercial availability of the above-stated materials in major regions across the globe, coupled with a wide presence of multinational vehicle manufacturers, is expected to support the market growth.

A rise in demand for passenger vehicles with enhanced fuel economy and stability on roads has increased the demand for lightweight materials. The introduction of electric vehicles in the passenger car and commercial vehicle segments is likely to offer growth opportunities for the market. Moreover, the growing demand for increasing the performance of the premium car segment is anticipated to support the demand for automotive lightweight materials.

In 2019, Europe emerged as the largest consumer of lightweight materials with the presence of a pool of players and car manufacturers in the region. Multinational players are engaged in the business of automotive lightweight materials on account of the wide scope in the upcoming electric vehicle segment.

Grand View Research has segmented the global automotive lightweight material market on the basis of material, application, end-user, and region:

  • Automotive Lightweight Materials Outlook (Volume, Million Tons; Revenue, USD Million, 2016 – 2027)
  • Metal
  • Composite
  • Plastics
  • Elastomer
  • Automotive Lightweight Materials Application Outlook (Volume, Million Tons; Revenue,
  • …...

    Global Automotive Surround View Systems Market is estimated to be valued US$ XX.X million in 2019. The report on Automotive Surround View Systems Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. for the forecast year up to 2029. The global automotive surround view systems market is segmented on the basis of type, application, and geography.

    Europe market was valued at US$ XX.X million in 2018 and is projected to reach US$ XX.X million in 2029, and register a CAGR of X.X% during the forecast period, according to a new Market.us (Prudour Research) study.

    Automotive Surround View Systems Market Scope:

    By type, the market is segmented into Touch Screen Control, and Infrared Remote Control. By application, the market is divided into Commercial Vehicles, and Passenger Vehicles.

    Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Major players profiled in the report include Ambarella, Clarion, Continental, Fujitsu, Valeo, Delphi Automotive, Mobileye, Xilinx, OmniVision Technologies, Spillard Safety Systems, Renesas Electronics Corporation, and Texas Instruments.

    Key Market Segments

    Type

    • Touch Screen Control
    • Infrared Remote Control

    Application

    • Commercial Vehicles
    • Passenger Vehicles

    Key Market Players included in the report:

    • Ambarella
    • Clarion
    • Continental
    • Fujitsu
    • Valeo
    • Delphi Automotive
    • Mobileye
    • Xilinx
    • OmniVision Technologies
    • Spillard Safety Systems
    • Renesas Electronics Corporation
    • Texas Instruments

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    The analysis objectives of the report are:

    • To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers, and industry-specific challenges and risks).
    • To know the Automotive Surround View Systems Market by pinpointing its many subsegments.
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    • To endeavor the amount and value of Automotive Surround View Systems sub-markets, depending on key regions (various vital states).
    • To analyze Automotive Surround View Systems Market concerning growth trends, prospects, and also their participation in the entire sector.
    • To examine and study the Automotive Surround View Systems Market size (volume & value) from the company, essential regions/countries, products, and application, background information from 2013 to 2018, and also prediction to 2029.
    • Primary worldwide Automotive Surround
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