The automotive ECU market is expected to grow from US$ 28,155.75 million in 2021 to US$ 42,649.95 million by 2028

 

The automotive ECU market is expected to grow from US$ 28,155.75 million in 2021 to US$ 42,649.95 million by 2028; it is estimated to grow at a CAGR of 6.1% from 2021 to 2028.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 | 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞, 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞! - https://www.theinsightpartners.com/sample/TIPAT00002270/?utm_source=Blog&utm_medium=10324

Rapid technological advancements in automotive transmission systems by manufacture are anticipated to boost the growth of the market. Furthermore, due to the shift in demand for fuel-efficient products with higher performance, the market is expected to be driven by the increasing usage of automotive ECU. Many automakers are now offering intelligent automotive ECU, which allows drivers to enhance their driving experience. Owing to the rapid increase in demand for automatic cars, particularly in emerging nations such as China, India, Brazil, and Russia, the global automotive ECU market is predicted to grow significantly. The surge in per capita disposable incomes and consumer spending is responsible for this massive demand of premium cars. Furthermore, the market expansion is accelerated by technical developments and increased R&D activity.

The global automotive ECU market is segmented on the basis of application, propulsion type, ECU capacity, vehicle type, and geography. Based on application, the market is segmented into ADAS and safety system, body control and comfort system, infotainment and communication system, and powertrain system. By propulsion type, the market is segmented into electric, hybrid, and ICE. Based on ECU capacity, the automotive ECU market is segmented into 16-bit ECU, 32-bit ECU, and 64-bit ECU. By vehicle type, the market is segmented into heavy duty, medium duty, and light duty. In terms of geography, the automotive ECU market is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). A few of the key companies operating in the automotive ECU market are Aptiv, Autoliv Inc., Continental AG, Denso Corporation, Intellias Ltd., Marelli Europe S.p.A., Mitsubishi Electric Corporation, Robert Bosch GmbH, Transtron Inc., and ZF Friedrichshafen AG.

Automated Guided Vehicles (AGV) Market to Grow at a CAGR of 14.59% to reach US$ 9,077.3 million from 2020 to 2028

 

The automated guided vehicles (AGV) market was valued at US$ 3,310.8 million in 2020 and is projected to reach US$ 9,077.3 million by 2028; it expected to grow at a CAGR of 14.59% during 2021–2028.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 | 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞, 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞! - https://www.theinsightpartners.com/sample/TIPAT00002059/?utm_source=Blog&utm_medium=10324

The increasing e-commerce business across the world is resulting in the adoption of the automated material handling process. E-commerce companies such as Walmart, Amazon, Alibaba, and Flipkart are increasing their focus on automated material handling to reduce operational costs and increase inventory size. According to the E-commerce Europe report, in 2019, online sales in the region was increased by 13%, which accounted for US$ 735 billion; also, the market concentration is expected to be focused on Western Europe, with the region accounting for the majority of B2C platform turnover, of around 66%. For instance, the material handling division of ThyssenKruppis investing over US$83million in its European warehousing and logistics network and planning to build a new logistics center in Rotenburg/Wümme (Lower Saxony) that will span 36,000 square meters and hold up to 20,000 metric tons of materials. MonotaRO is an e-commerce company that handles the consumables, maintenance tools, and other industrial supplies used in various industries. The company uses the Racrew by Hitachi, a compact, low-floor, automated guided vehicle (AGV) to increase the picking efficiency. Also, in late 2019, Flipkart announced to use 340 small AGVs at its warehouse in India. Such developments are driving the demand for AGVs, which is propelling the automated guided vehicles (AGV) market growth.

Automotive Battery Management System Market to Grow at a CAGR of 18.3% to reach US$ 83.66 Million from 2019 to 2027

 

The Automotive Battery Management System Market was valued at US$ 18,622.0 Thousands in 2018 and is projected to reach US$ 83,664.8 Thousands by 2027; it is expected to grow at a CAGR of 18.3% from 2019 to 2027.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 | 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞, 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞! - https://www.theinsightpartners.com/sample/TIPAT100001340/?utm_source=Blog&utm_medium=10324

A battery management system is employed for the management of batteries that are used in high voltage hybrid and electric vehicles. A battery management system is integrated into Li-Ion battery by electric vehicle manufacturers and battery pack manufacturers to manage all the functions. The overall battery system in an electric vehicle is a combination of multiple components such as battery module, sensors, controllers, thermal management systems, and battery management systems. The designs and specifications of these battery systems vary vastly from vehicle to vehicle. A battery management system collects data from various systems and based on this data, the individual cells are operated and balanced effectively to ensure safe operations. In general, a battery management system comprises of battery management controller, the cell supervising circuit, and high voltage sensor device. In hybrid, electric, and plug-in vehicles, battery management systems offer scalable control module for batteries. These systems ensure functional safety and integration of various software modules. With growing concerns regarding environmental protection and positive initiatives taken by governments to reduce emissions, the demand for electric and hybrid vehicles is anticipated to grow at an impressive pace during the forecast period of 2019 to 2027. The increasing adoption of electric vehicles will have a direct impact on the demand of battery management systems. Being a crucial part of an electric vehicle’s battery system, the market growth of these systems is anticipated to see an unprecedented growth over the course of next few years. With growing innovations in the electric vehicle industry, battery management systems are also seeing an upward trend in technology enhancements and advanced features. One such trend is wireless battery management systems which help in reducing the complexities related to wiring methods that are currently being used in multi-cell battery packs. Hence, the growing demand for electric vehicles and increasing technology advancements in the battery management systems are some of the major factors that are anticipated to drive the growth of global automotive battery management systems during the forecast period of 2019 to 2027.

Automotive Brake Shims Market Worth $705.11 Million, Globally, by 2028 at 3.9% CAGR - Exclusive Report by The Insight Partners

 The Insight Partners published latest research study on “Automotive Brake Shims Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material Type (Rubber Coated, PSA Material, Thermoset Material, and Others) and Application (Two-Wheeler, Passenger Vehicle, and Commercial Vehicle)”, the global automotive brake shims market growth is driven by the booming production of automotive vehicles and growing norms for reducing fatalities caused by vehicle accidents, the rising adoption of electric vehicles and advancements in automotive brake technology are presenting significant potential for the future growth of the market players.

The Sample Pages Showcases Content Structure and Nature of Information Included in This Research Study Which Presents A Qualitative and Quantitative Analysis: https://www.theinsightpartners.com/sample/TIPRE00017710/

Report Coverage	Details
Market Size Value in	US$ 540.78 Million in 2021
Market Size Value by	US$ 705.11 Million by 2028
Growth rate	CAGR of 3.9% from 2021 to 2028
Forecast Period	2021-2028
Base Year	2021
No. of Pages	141
No. Tables	61
No. of Charts & Figures	73
Historical data available	Yes
Segments covered	Material Type, and Application
Regional scope	North America; Europe; Asia Pacific; Latin America; MEA
Country scope	US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Automotive Brake Shims Market: Competitive Landscape and Key Developments
Bosch Auto Parts, AVERY DENNISON CORPORATION, BREMBO S.P.A., Trelleborg Group, Delphi Technologies, Meneta, Super Circle, NUCAP, Brake Performance, and TEXTAR Brake Technology are among the key players profiled during the study of the global automotive brake shims market. Several market players were analyzed to get a holistic view of the global automotive brake shims market and its ecosystem.

Schedule A Pre-Sale Discussion with The Author Team in A Slot That You Prefer to Address Queries on Scope of The Study, Customization, Introduction to Research Methodology, Assistance on Technologies and Market Definitions: https://www.theinsightpartners.com/inquiry/TIPRE00017710/

In October 2020, Wolverine Advanced Materials (an ITT Inc. company) launched its new value line of brake shim and abutment clip materials under the aftermarket brand QUIETPATH. These materials offer high noise attenuation across a broad range of environmental factors. The initial launch includes two new exclusive brake shim materials and one new abutment clip material for the better segment of the independent automotive brake shims aftermarket.

In February 2020, Bosch launched new parts, including brake pads for selected vehicles. Bosch launched three new brake pad stock-keeping units added to the Bosch QuietCast brake pad product line.