Overview
The new concept of open engine management system that makes use of EMS3 platform and open electronic software architecture has opened new doors of opportunity for the key players in the automotive engine management system. Upgraded engine control units limit lower emission and deliver more power to the automotive. Hence, Carburettors are being replaced with fuel injection systems, which are more advanced and provide more fuel efficiency can provide several growth opportunities in the automotive engine management market. By product type, the global automotive engine management systems industry can be segmented into Diesel and Gasoline. Gasoline engine type segment will account for the highest shares of the automotive engine management systems market. The growing demand for fuel-efficient and low-emission gasoline vehicles and rising requirement to meet the stringent fuel and emission parameters will lead to the rise in the adoption of EMS in gasoline vehicles. On application side, the global automotive engine management systems can be categorized into Passenger Vehicles and Commercial Vehicles. Passenger Vehicles segment accounted for the major shares of the automotive engine management systems market. Factors such as the increased sales numbers, high demand, and stringent emission norms in the developed and developing countries will contribute to the growth of this industry segment in the coming years. Among the key regional segments, the global automotive engine management systems industry has been segmented as North America, Europe, Asia Pacific and Rest of the World. Asia-Pacific is the biggest market of automobile, but is not likely to have the highest market share in the segment, due to the comparatively lower electronic automation of vehicles sold in the region. The average number of vehicles sold in the region is lower than that of the markets of North America and Europe. North America is the leading automotive engine management systems market, globally.
Development of automotive customization in the region that has driven the automotive engine management systems market, significantly. However, due to the fast-growing automotive sales, especially in the markets of China and India, the automotive engine management system market in Asia-Pacific is anticipated to experience the fastest growth. South America, on account of stagnant sales in the forecast period, primarily in Brazil, is forecast to be the slowest growing market in the next 5 years. The African market is likely to emerge as a strong player, as the automobile market is expected to reach critical mass in the region, by then. The automotive EMS market is witnessing stable innovations and models from key automobile manufacturers and OEMs. The consumer preference for highperformance and fuel-efficient automobiles has raised up the demand for EMS. Engine manufacturers face constant pressure to obey with the stringent regulations on fuel economy and emission levels leading to improvements in the EMS. In addition to this, the rising mergers and acquisition is predicted to enhance the growth of the market in the coming years. Some of the major players in the automotive engine management system market across the globe are Lucas Electrical, Sensata Technologies, Continental AG, Robert Bosch GmbH, NGK Spark Plug, Haltech Engine Management Systems, Delphi Automotive PLC, Hitachi Automotive Systems Ltd., and Denso Corporation.
Major players in the Market are identified through secondary research and their Market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and Marketing executives. The percentage splits, Market shares, growth rate and breakdowns of the product Markets are determined through using secondary sources and verified through the primary sources. Inquiry about report OR ask for Sample Report @ https://www.profsharemarketresearch.com/inquiry/automotive-enginemanagement-systems-market-report-inquiry/ Global Automotive Engine Management Systems Market: Product Type Diesel Gasoline Global Automotive Engine Management Systems Market: Application Passenger Vehicles Commercial Vehicles Global Automotive Engine Management Systems Market: Competitive Analysis Continental Robert Bosch Delphi Automotive Denso Sensata Technologies NGK Spark Plug Sanken Electric Hitachi Automotive Hella KgaA Hueck Lucas Electrical Haltech Engine Management Systems M-Tech Automotive
Automotive Engine Management Systems Market: Regional Analysis North America U.S.A Canada Europe France Germany Spain UK Rest of Europe Asia Pacific China Japan India South East Asia Latin America Brazil Middle East and Africa
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