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global automotive engine management system market

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global automotive engine management system market

The automotive engine management system is one of the fundamental parts of a vehicle that is in charge of controlling the quantity of fuel being infused and for adjusting the start timing. Besides, the Engine management system is an electronic control unit which gets signals from different sensors, makes calculations and then sends signals to do different functions and tasks inside and outside the motor.  

The main function of ECU or Engine Control Unit is the controlling of series of function of actuators on an internal combustion engine and ensuring the excellent engine performance. The Engine Control Unit is also called Power train control unit which is a type of automotive engine management system.

Industry Demands

Growing registration functions of new vehicles, the emergence of global automotive key players are some of the major factors fueling the growth of the global Engine management systems market. With the higher sales of the vehicles, the demand for the Engine management system is also increasing which is positively influencing the global market.

Market Analysis

The global automotive engine management system market is projected to reach USD 235.6 billion by the year 2023 with the CAGR of 7.68% during the forecast period 2017-2023. 

Market segmentation

The global automotive engine management system market has been bifurcated into the component, engine type, vehicles type, and geographical analysis. Based on its engine type, the market is divided into a diesel engine and gasoline engine. On the basis of its components, the global market has been bifurcated into engine sensors, engine control unit (ECU), fuel pump among others. Based on its vehicle type, the market has been classified into commercial vehicles and passenger vehicles.

Regional analysis

Geographically, the global automotive engine management system market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa. 

Major players 

The major players in the automotive engine management system market include companies like

Delphi Automotive (UK)
Hella KgaA Hueck (Germany)
Continental AG (Germany)
Hitachi Automotive Systems (Japan)
Infineon Technology (Germany)
NGK Spark Plug (Japan)

For more information or for report request, visit @ https://www.aarkstore.com/automotive/1136212/global-automotive-engine-management-system-market-information-report-forecast

About Aarkstore Enterprise:

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Related Reports: Automotive Market Reports

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