Global Automotive Engine Management Systems Market to Reach US$210.6 bn by 2021; Europe to Emerge as Market Leader
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  • Global Automotive Engine Management Systems Market to Reach US$210.6 bn by 2021; Europe to Emerge as Market Leader

     



    (Transportation-News.com, December 24, 2016 ) This is a market research report which undergoes an in-depth analysis of automotive engine management system market from a global perspective and provides estimates in terms of revenue (USD billion) from 2015 to 2021. Comprehensive analysis of the automotive engine management system market from all the different dimensions of the market is provided in the report. It includes the drivers and restrains impacting the market. The report also analyses the impact of the drivers, restrains and opportunities over the forecast period. Market opportunities of automotive engine management system are also included in the report. Automotive engine management system is forms an integral part of passenger cars, LCV and HCV. Engine management system is one of the main components as it receives valuable information from fuel pumps, ECU, engine sensors and controls the engine accordingly. The reasons for substantial growth in demand for automotives are increase in GDP and per-capita income in the countries of Asia Pacific. This is one of the main factors responsible for increase for the demand in the automotive engine management system market. Moreover, the increasing awareness about environment is also supported the growth of fuel efficient engine management system. ECU, engine sensor and fuel pump are some of the main components of the automotive engine management system.

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    One of the most attractive regions in automotive engine management system market is Asia-Pacific. Increase in purchasing power due to easy availability of credit facilities and technological upgradation along with the rise of upper middle class in the Asia Pacific region are the major factors increasing the demand for automotive engine management system market. Infrastructural development in the Asia-Pacific is also driving the automotive engine management system market as it increases the demand for LCV’s and HCVs’. Moreover, emerging countries such as India and China manufacture a large number of automotives in the Asia Pacific region which also drives the demand for automotive engine management system. Asia Pacific is followed by Rest of the world (ROW) from the market attractiveness point of view. Presence of countries like Saudi Arabia, UAE, Brazil and South Africa has lead to the significant growth in the automotive engine management system market due to increase in demand of automotives. However, Europe held the maximum market share for automotive engine management system. The reason for this in the presence of eminent automotive manufacturers like BMW, Mercedes Benz, Volkswagen and strict pollution control norms prevailing in Europe.

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    Table of Content

    Chapter 1 Preface

    1.1 Report Description
    1.2 Research Scope
    1.3 Research Methodology

    Chapter 2 Executive Summary

    Chapter 3 Global Overview
    3.1 Introduction
    3.2 Key Trends Analysis
    3.3 Market Drivers
    3.3.1 Supply Side: Technologically advanced engine management systems
    3.3.2 Demand Side: Stringent fuel economy standards
    3.3.3 Economic Drivers: Reduction in balance of payment deficit
    3.4 Market Restraints
    3.4.1 High cost of engine management systems
    3.4.2 Complexities in maintenance of engine management systems
    3.5 Market opportunities
    3.5.1 Replacement of engine control units due to increasing average life of vehicles
    3.5.2 Open engine management system for the future
    3.6 Engine Management System: Market attractiveness analysis
    3.7 Cause and Effect Analysis (Fish Bone Diagram Analysis)
    3.7.1 Advanced ECU (Engine Control Unit)
    3.7.2 New engine sensors
    3.7.3 Upgraded fuel pumps
    3.7.4 Experienced professionals
    3.7.5 Modern technology

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