Vehicle Control Unit Market

Vehicle Control Unit Market by Vehicle Type, Component (Hardware & Software), Propulsion Type, Voltage (12/24V & 36/48V), Capacity (16, 32, & 64-bit), Electric Two-Wheeler, Communication Technology, Function, and Region - Global Forecast to 2027

Report Code: AT 7305 Aug, 2019, by marketsandmarkets.com

[152 Pages Report] The vehicle control unit market is projected to reach USD 10.4 billion by 2027 from an estimated USD 2.9 billion in 2019, at a CAGR of 17.1%. Increasing emphasis on advanced and innovative vehicle electronics technologies in electric vehicles and electrification of automotive parts will create opportunities for OEMs to expand their revenue stream and geographical presence.

The market in Asia Pacific is projected to experience steady growth owing to the high demand for electric vehicles, while the European market is the second-fastest-growing market due to the presence of established companies and high adoption rate of electric vehicles. However, VCUs are yet to get standardized in terms of hardware and software so that they will be able to fit into any vehicle system. As of now, every company has VCUs with its software and hardware architecture. This would change the VCU market scenario in the future, as software with innovative technologies might get expensive, and hardware is expected to become cheaper due to the standardization.

Vehicle Control Unit Market

Software segment is estimated to be the fastest-growing market during the forecast period

The software segment is expected to be the fastest market. Software can be reprogrammed over the air (OTA) using SOTA and FOTA protocols. Due to this, VCU is very flexible and can fit into any vehicle system with the help of required programming. Currently, all the VCU providers in the market are using their basic software in their VCUs. However, software can be reprogrammed easily using platforms such as MATLAB and Simulink. This makes the system much more flexible, as a company can roll out software updates over the air. Thus, just like most other electronic systems, hardware might get standardized in the future, and companies would roll out their software, designed predominantly for their vehicles. This would change the VCU market scenario in the future, as software with innovative technologies might get expensive, and hardware is expected to become cheaper.

The European market is expected to register the second-fastest growth during the forecast period

The European region is estimated to be the second-fastest-growing market during the forecast period, after Asia Pacific. The region is a hub to major players such as Robert Bosch GmbH (Germany), Continental AG (Germany), STMicroelectronics (Switzerland), IET SPA (Perugia), Rimac Automobili (Croatia), and AIM Technologies (England). Europe is a key region for innovations, significant R&D, and technological advancements in electric vehicles, vehicle electronics, advanced automotive systems, and charging solutions. Germany is the largest market in Europe, followed by France. Germany, which is said to be the automotive hub of the world, is home to many established vehicle as well as VCU manufacturers and also has a higher EV adoption rate. The increasing demand for advanced automotive features in electric vehicles and electrification of automotive components are driving the vehicle control unit market in Europe.

Vehicle Control Unit Market

Asia Pacific is expected to be the largest market during the forecast period

Asia Pacific is expected to be the fastest-growing and the largest vehicle control unit market in the world. The market growth in the region can be attributed to the large electric vehicle sales volume in the region. Considering the large EV sales volume and continuous technological advancements in the battery management systems, automotive features, body control, and infotainment functions; and innovative charging solutions, China is expected to lead the vehicle control unit market in the Asia Pacific region.

Key Market Players

The global vehicle control unit market is dominated by major players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Texas Instruments (US), Mitsubishi Electric Corporation (Japan), and STMicroelectronics (Switzerland). These companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range in this market. These companies have adopted strategies such as new product developments, collaborations, and contracts & agreements to sustain their market position.

Scope of the Report

Report Metric

Details

Market size available for years

2017–2027

Base year considered

2018

Forecast period

2019–2027

Forecast units

Volume (Units), Value (USD Million)

Segments covered

Vehicle Type, Propulsion Type, Voltage Type, Capacity Type, Electric two-wheeler type, Function, Communication Technology Type, and Region

Geographies covered

Asia Pacific, Europe, and North America

Companies Covered

Robert Bosch GmbH (Germany), Continental AG (Germany), Texas Instruments (US), Mitsubishi Electric Corporation (Japan), and STMicroelectronics (Switzerland).
A total of 17 major players covered

This research report categorizes the given market based on Vehicle Type, Propulsion Type, Voltage Type, Capacity Type, Electric two-wheeler type, Function, Communication Technology Type, and Region.

Based on Vehicle Type, it has been segmented as follows:

  • Commercial Vehicle
  • Passenger car

Based on the Propulsion Type, the given market has been segmented as follows:

  • BEV
  • HEV
  • PHEV

Based on the Voltage Type, the market has been segmented as follows:

  • 12/24V
  • 36/48V

Based on Capacity, the market has been segmented as follows:

  • 16-bit
  • 32-bit
  • 64-bit

Based on Offering Type, the market has been segmented as follows:

  • Hardware
  • Software

Based on the Electric Two-wheeler Type, the market has been segmented as follows:

  • E-Scooter/Moped
  • E-Motorcycle

Based on the Off-highway Electric Vehicle type, the market has been segmented as follows:

  • Construction
  • Mining
  • Agriculture

Based on Function (Qualitative), the market has been segmented as follows:

  • Autonomous Driving/ADAS
  • Predictive Technology

Based on the Communication Type (Qualitative), the market has been segmented as follows:

  • CAN
  • LIN
  • FlexRay
  • Ethernet

Based on the Region, the market has been segmented as follows:

  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • North America
    • US
    • Canada
  • Europe
    • Austria
    • Denmark
    • France
    • Germany
    • Netherlands
    • Norway
    • Spain
    • Sweden
    • Switzerland

Recent Developments

  • In June 2019, Texas Instruments introduced an automotive system based chip that was the industry’s first to integrate a controller and transceiver for Controller Area Network with Flexible Data Rate (CAN FD). Designed to meet the high-bandwidth and data-rate flexibility needs of in-vehicle networks, the TCAN4550-Q1 uses the Serial Peripheral Interface (SPI) bus of almost any microcontroller to implement, with minimal hardware changes, a CAN FD interface or increase the amount of CAN FD bus ports in a system.
  • In February 2019, Mitsubishi announced that it developed the world's smallest power unit for a two-motor hybrid electric vehicle (two inverters and one converter), measuring just 2.7 liters in volume, offering a world-leading 150 kVA/l power density. The motor also boasts top-class output-power density of 23 kW/l.
  • In February 2018, STMicroelectronics developed chips that can tackle features like night vision, micro-mapping, and 360-degree detection, in a bid to meet demand from car manufacturers racing to build driverless autos.
  • In January 2018, Continental introduced the new Safety Domain Control Unit (SDCU) as a backup to the Automated Driving System. It is an additional level of safety on the central control unit and the Assisted & Automated Driving Control Unit. With the implementation of the SDCU, vehicles can still be brought to a safe stop if the main automation functionality fails.
  • In October 2017, it introduced the new Telemaco3Ptelematics and connectivity processors (STA1385 and its variants)—the first automotive microprocessors to integrate a powerful, dedicated, isolated Hardware Security Module (HSM), which acts as an independent security guard to watch data exchanges and encrypt and authenticate messages.

Critical Aspects:

  • VCU manufacturers have partnered with electric vehicle manufacturers for technology sharing. How will this transform the overall market?
  • How will fast-paced developments in software and hardware by leading manufacturers change the dynamics of this market?
  • The industry is focusing on different communication technologies and protocols. Which are the leading companies working on it, and what organic and inorganic strategies have been adopted by them?
  • Analysis of your competition that includes major players in this market and ecosystem. The major players are Autonomous Solutions Inc. (US), IET SPA (Perugia), PI Innovo (US), PUES Corporation (Japan), and Ecotrons (US), among others.  

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Product Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
           2.3.3 Key Data From Primary Sources
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
           2.4.2 Top-Down Approach
    2.5 Market Breakdown and Data Triangulation
    2.6 Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Opportunities in the Vehicle Control Unit Market
    4.2 Asia Pacific to Lead the Vehicle Control Unit Market
    4.3 Vehicle Control Unit Market in Asia Pacific, By Offering Type and Country
    4.4 Vehicle Control Unit Market, By Vehicle Type
    4.5 Vehicle Control Unit Market, By Propulsion Type
    4.6 Vehicle Control Unit Market, By Capacity Type
    4.7 Vehicle Control Unit Market, By Voltage Type
    4.8 Vehicle Control Unit Market, By Electric Two-Wheeler Type
    4.9 Vehicle Control Unit Market, By Off-Highway Electric Vehicle Type

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Trend of Electric Vehicles
                    5.2.1.2 Increasing Demand for Automation in Vehicles and Electrification of Automotive Parts
           5.2.2 Restraints
                    5.2.2.1 High Investments Required
           5.2.3 Opportunities
                    5.2.3.1 Increasing Demand for Innovative Technologies
                    5.2.3.2 Customizable and Standardized VCU Software
           5.2.4 Challenges
                    5.2.4.1 Possibility of Complete Failure

6 Industry Trends (Page No. - 42)
    6.1 Introduction
    6.2 Technology Analysis
    6.3 VCU-S and VCU-P
    6.4 Programmable and Flexible VCU
    6.5 Porter’s Five Forces Model Analysis

7 Vehicle Control Unit Market, By Vehicle Type (Page No. - 44)
    7.1 Introduction
    7.2 Research Methodology
    7.3 Commercial Vehicle
           7.3.1 Electrification of Public Transport to Boost the Vehicle Control Unit Market
    7.4 Passenger Car
           7.4.1 Increasing Demand for Advanced Drive Unit Functions and Features to Drive the Passenger Car Segment
    7.5 Key Primary Insights

8 Vehicle Control Unit Market, By Propulsion Type (Page No. - 50)
    8.1 Introduction
    8.2 Research Methodology
    8.3 BEV
           8.3.1 BEV Segment to Dominate the Asia Pacific Region
    8.4 HEV
           8.4.1 Advanced VCU Would Improve Overall HEV Functionality
    8.5 PHEV
    8.6 Key Primary Insights

9 Vehicle Control Unit Market, By Capacity Type (Page No. - 57)
    9.1 Introduction
    9.2 Research Methodology
    9.3 16-Bit
           9.3.1 16-Bit VCU Segment Would Get Replaced By Higher Capacity VCU in the Future
    9.4 32-Bit
           9.4.1 VCU Market is Dominated By 32-Bit VCU Segment
    9.5 64-Bit
           9.5.1 Innovation in Technologies Will Boost the Demand for 64-Bit VCU in the Future
    9.6 Key Primary Insights

10 Vehicle Control Unit Market, By Voltage Type (Page No. - 63)
     10.1 Introduction
     10.2 Research Methodology
     10.3 12/24V
             10.3.1 12/24V is Dominating the Current VCU Market
     10.4 36/48V
             10.4.1 36/48V Segment to Grow Much Faster in Future
     10.5 Key Primary Insights

11 Vehicle Control Unit Market, By Offering Type (Page No. - 67)
     11.1 Introduction
     11.2 Research Methodology
     11.3 Hardware
             11.3.1 VCU Hardware Segment to Get Standardized With Time
     11.4 Software
             11.4.1 Continuous Advancements in Software Technologies to Boost the Segment in Future
     11.5 Key Primary Insights

12 Vehicle Control Unit Market, By Electric Two-Wheeler (Page No. - 72)
     12.1 Introduction
     12.2 Research Methodology
     12.3 E-Scooter/Moped
             12.3.1 Rising Demand for Advanced Features and Functions in E-Scooters/Mopeds to Boost the VCU Market in the Future
     12.4 E-Motorcycle
             12.4.1 Increasing Demand for High Performance Electric Two-Wheelers to Drive the VCU Market for E-Motorcycles
     12.5 Key Primary Insights

13 Vehicle Control Unit Market, By Off-Highway Electric Vehicle Type (Page No. - 77)
     13.1 Introduction
     13.2 Research Methodology
     13.3 Mining
             13.3.1 Asia Pacific is Projected to Be the Fastest Growing Market Due to Growing Mining Activities in the Region
     13.4 Construction
             13.4.1 Europe is Expected to Be the Largest Market Due to Rapid Infrastructural Advancements
     13.5 Agriculture
             13.5.1 Europe is Projected to Be the Fastest Growing Market Due to Its Growing Agriculture Sector
     13.6 Key Primary Insights

14 Vehicle Control Unit Market, By Communication Technology (Page No. - 83)
     14.1 Introduction
     14.2 CAN (Controller Area Network)
     14.3 LIN (Local Interconnect Network)
     14.4 Flexray
     14.5 Ethernet
     14.6 Vehicle Control Unit Technical Specification Comparison (Major Players)

15 Vehicle Control Unit Market, By Function (Page No. - 87)
     15.1 Introduction
     15.2 Autonomous Driving/ADAS
     15.3 Predictive Technology

16 Vehicle Control Unit Market, By Region (Page No. - 89)
     16.1 Introduction
     16.2 Asia Pacific
             16.2.1 China
                        16.2.1.1 Chinese VCU Market is Dominated By BEV Segment
             16.2.2 Japan
                        16.2.2.1 Japan has Many Renowned Oems Providing Advanced Vehicle Electronics Technologies
             16.2.3 India
                        16.2.3.1 India to Witness Rapid Growth in VCU Market
             16.2.4 South Korea
                        16.2.4.1 South Korea has High Adoption Rate for Hybrid Electric Vehicles
     16.3 Europe
             16.3.1 France
                        16.3.1.1 French Government Offering Purchase Grants for EV Will Boost the VCU Demand
             16.3.2 Germany
                        16.3.2.1 Leading Players From the Country to Provide Advanced VCU
             16.3.3 Spain
                        16.3.3.1 Increasing Investments in BEV and HEV By Government to Boost the Market
             16.3.4 Austria
                        16.3.4.1 Ev Infrastructure in Austria to Drive VCU Market
             16.3.5 Norway
                        16.3.5.1 Significant Share of PHEV to Boost VCU Market in Norway
             16.3.6 Sweden
                        16.3.6.1 Higher EV Adoption Rate to Boost Swedish VCU Market
             16.3.7 Switzerland
                        16.3.7.1 Favourable Government Regulations to Drive VCU Market
             16.3.8 Netherlands
                        16.3.8.1 Electrification to Boost the VCU Market
             16.3.9 Denmark
                        16.3.9.1 HEV Segment to Lead the Danish VCU Market
     16.4 North America
             16.4.1 US
                        16.4.1.1 Advancements in Vehicle Electronics to Boost the VCU Market
             16.4.2 Canada
                        16.4.2.1 Increased HEV Sales to Drive the VCU Market

17 Competitive Landscape (Page No. - 113)
     17.1 Overview
     17.2 Market Ranking Analysis
     17.3 Competitive Scenario
             17.3.1 New Product Developments
             17.3.2 Partnerships/Supply Contracts/Collaborations/ Joint Ventures/License Agreements
             17.3.3 Expansions
     17.4 Competitive Leadership Mapping
             17.4.1 Visionary Leaders
             17.4.2 Innovators
             17.4.3 Dynamic Differentiators
             17.4.4 Emerging Companies

18 Company Profiles (Page No. - 122)
(Business Overview, Products Offered, Recent Developments & SWOT Analysis)* 
     18.1 Robert Bosch GmbH
     18.2 Continental AG
     18.3 Texas Instruments
     18.4 Mitsubishi Electric Corporation
     18.5 STMicroelectronics
     18.6 Autonomous Solutions, Inc.
     18.7 Iet Spa
     18.8 Pi Innovo
     18.9 Embitel
     18.1 Rimac Automobili
     18.11 Pues Corporation
     18.12 Aim Technologies
     18.13 Other Key Players
             18.13.1 North America
                        18.13.1.1 Ecotrons LLC
                        18.13.1.2 Thunderstruck Motors LLC
             18.13.2 Asia
                        18.13.2.1 Hirain Technologies Co., Ltd.
                        18.13.2.2 Anandalal Electric
*Details on Business Overview, Products Offered, Recent Developments & SWOT Analysis Might Not Be Captured in Case of Unlisted Companies. 

19 Appendix (Page No. - 146)
     19.1 Key Insights of Industry Experts
     19.2 Discussion Guide
     19.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     19.4 Available Customizations
     19.5 Related Reports
     19.6 Author Details


List of Tables (77 Tables)

Table 1 Currency Exchange Rates (Per USD)
Table 2 Impact of Market Dynamics
Table 3 Vehicle Control Unit Market, By Vehicle Type, 2017–2027 (Thousand Units)
Table 4 Vehicle Control Unit Market, By Vehicle Type, 2017–2027 (USD Million)
Table 5 Commercial Vehicle: Vehicle Control Unit Market, By Region, 2017–2027 (Thousand Units)
Table 6 Commercial Vehicle: Vehicle Control Unit Market, By Region, 2017–2027 (USD Million)
Table 7 Passenger Car: Vehicle Control Unit Market, By Region, 2017–2027 (Thousand Units)
Table 8 Passenger Car: Vehicle Control Unit Market, By Region, 2017–2027 (USD Million)
Table 9 Vehicle Control Unit Market Size, By Propulsion Type, 2017–2027 (Thousand Units)
Table 10 Vehicle Control Unit Market Size, By Propulsion Type, 2017–2027 (USD Million)
Table 11 BEV: Vehicle Control Unit Market, By Region, 2017–2027 (Thousand Units)
Table 12 BEV: Vehicle Control Unit Market, By Region, 2017–2027 (USD Million)
Table 13 HEV: Vehicle Control Unit Market, By Region, 2017–2027 (Thousand Units)
Table 14 HEV: Vehicle Control Unit Market, By Region, 2017–2027 (USD Million)
Table 15 PHEV: Vehicle Control Unit Market, By Region, 2019–2027 (Thousand Units)
Table 16 PHEV: Vehicle Control Unit Market, By Region, 2019–2027 (USD Million)
Table 17 Vehicle Control Unit Market, By Capacity Type, 2017–2027 (Thousand Units)
Table 18 16-Bit: Vehicle Control Unit Market, By Region, 2017–2027 (Thousand Units)
Table 19 32-Bit: Vehicle Control Unit Market, By Region, 2017–2027 (Thousand Units)
Table 20 64-Bit: Vehicle Control Unit Market, By Region, 2019–2027 (Thousand Units)
Table 21 Vehicle Control Unit Market, By Voltage, 2017–2027 (Thousand Units)
Table 22 12/24V: Vehicle Control Unit Market, By Region, 2017–2027 (Thousand Units)
Table 23 36/48V: Vehicle Control Unit Market, By Region, 2017–2027 (Thousand Units)
Table 24 Vehicle Control Unit Market, By Offering Type, 2017–2027 (USD Million)
Table 25 Hardware: Vehicle Control Unit Market, By Region, 2017–2027 (USD Million)
Table 26 Software: Vehicle Control Unit Market, By Region, 2017–2027 (USD Million)
Table 27 Vehicle Control Unit Market, By Electric Two-Wheeler, 2017–2027 (Units)
Table 28 Vehicle Control Unit Market, By Electric Two-Wheeler, 2017–2027 (USD Thousand)
Table 29 E-Scooter/Moped: Vehicle Control Unit Market, By Region, 2017–2027 (Units)
Table 30 E-Scooter/Moped: Vehicle Control Unit Market, By Region, 2017–2027 (USD Thousand)
Table 31 E-Motorcycle: Vehicle Control Unit Market, By Region, 2017–2027 (Units)
Table 32 E-Motorcycle: Vehicle Control Unit Market, By Region, 2017–2027 (USD Thousand)
Table 33 Vehicle Control Unit Market, By Off-Highway Electric Vehicle Type, 2017–2027 (Units)
Table 34 Mining: Vehicle Control Unit Market, By Region, 2017–2027 (Units)
Table 35 Construction: Vehicle Control Unit Market, By Region, 2017–2027 (Units)
Table 36 Agriculture: Vehicle Control Unit Market, By Region, 2017–2027 (Units)
Table 37 Vehicle Control Unit Market, By Region, 2017–2027 (Thousand Units)
Table 38 Vehicle Control Unit Market, By Region, 2017–2027 (USD Million)
Table 39 Asia Pacific: Vehicle Control Unit Market, By Country, 2017–2027 (Thousand Units)
Table 40 Asia Pacific: Vehicle Control Unit Market, By Country, 2017–2027 (USD Million)
Table 41 China: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 42 China: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 43 Japan: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 44 Japan: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 45 India: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 46 India: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 47 South Korea: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 48 South Korea: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 49 Europe: Vehicle Control Unit Market, By Country, 2017–2027 (Thousand Units)
Table 50 Europe: Vehicle Control Unit Market, By Country, 2017–2027 (USD Million)
Table 51 France: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 52 France: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 53 Germany: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 54 Germany: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 55 Spain: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 56 Spain: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 57 Austria: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 58 Austria: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 59 Norway: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 60 Norway: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 61 Sweden: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 62 Sweden: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 63 Switzerland: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 64 Switzerland: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 65 Netherlands: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 66 Netherlands: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 67 Denmark: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 68 Denmark: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 69 North America: Vehicle Control Unit Market, By Country, 2017–2027 (Thousand Units)
Table 70 North America: Vehicle Control Unit Market, By Country, 2017–2027 (USD Million)
Table 71 US: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 72 US: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 73 Canada: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (Units)
Table 74 Canada: Vehicle Control Unit Market, By Propulsion Type, 2017–2027 (USD Thousand)
Table 75 New Product Developments, 2017–2019
Table 76 Partnerships/Supply Contracts/Collaborations/Joint Ventures/ Agreements, 2017–2019
Table 77 Expansions, 2017–2019


List of Figures (51 Figures)

Figure 1 Vehicle Control Unit Market Segmentation
Figure 2 Vehicle Control Unit Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Market Size Estimation Methodology for the Vehicle Control Unit Market: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology for the Vehicle Control Unit Market: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Vehicle Control Unit Market: Market Dynamics
Figure 9 Vehicle Control Unit Market, By Region, 2019–2027 (USD Million)
Figure 10 Software Segment Held the Largest Share in the Vehicle Control Unit Market in 2019
Figure 11 Increasing Demand for Advanced Vehicle Electronics Technologies and Features is Driving the Vehicle Control Unit Market, 2019–2027 (USD Billion)
Figure 12 Vehicle Control Unit Market, By Value, By Region, 2027,
Figure 13 Software Segment to Account for the Largest Share in Asia Pacific Vehicle Control Unit Market, By Value, 2019
Figure 14 Passenger Car Segment Expected to Dominate During the Forecast Period
Figure 15 BEV Segment is Expected to Dominate During the Forecast Period
Figure 16 32-Bit Segment Expected to Dominate During the Forecast Period
Figure 17 36/48V Segment Expected to Grow Faster During the Forecast Period
Figure 18 E-Motorcycle Segment Expected to Dominate During the Forecast Period
Figure 19 Mining Segment Expected to Grow Faster During the Forecast Period
Figure 20 Vehicle Control Unit Market: Market Dynamics
Figure 21 Commercial Vehicle Segment to Grow at A Higher CAGR During the Forecast Period, 2019–2027 (USD Million)
Figure 22 Key Primary Insights
Figure 23 BEV Segment to Dominate the VCU Market in the Forecast
Figure 24 Key Primary Insights
Figure 25 32-Bit VCU is Capable of Performing Distinct Vehicle Electronics Functions
Figure 26 Key Primary Insights
Figure 27 36/48V Segment to Grow at A Higher CAGR Due to Increased Demand for Advanced VCU in Future, 2019–2027 (Thousand Units)
Figure 28 Key Primary Insights
Figure 29 Software Segment to Grow at A Higher CAGR During the Forecast Period, 2019–2027 (USD Million)
Figure 30 Key Primary Insights
Figure 31 Electric Motorcycle Segment to Grow at A Higher CAGR During the Forecast Period, 2019–2027 (USD Thousand)
Figure 32 Key Primary Insights
Figure 33 Vehicle Control Unit Market, By Off-Highway Electric Vehicle Type, 2019 vs. 2027
Figure 34 Key Primary Insights
Figure 35 Vehicle Control Unit Market, By Region, 2019 vs. 2027 (USD Million)
Figure 36 Asia Pacific: Vehicle Control Unit Market Snapshot
Figure 37 Europe: Vehicle Control Unit Market, By Country, 2019 vs. 2027 (USD Million)
Figure 38 North America: Vehicle Control Unit Market Snapshot
Figure 39 Key Developments By Leading Players, 2016–2019
Figure 40 Market Ranking 2018
Figure 41 Vehicle Control Unit Market: Competitive Leadership Mapping, 2019
Figure 42 Robert Bosch GmbH.: Company Snapshot
Figure 43 Robert Bosch GmbH: SWOT Analysis
Figure 44 Continental AG: Company Snapshot
Figure 45 Continental AG: SWOT Analysis
Figure 46 Texas Instruments: Company Snapshot
Figure 47 Texas Instruments: SWOT Analysis
Figure 48 Mitsubishi Electric Corporation: Company Snapshot
Figure 49 Mitsubishi Electric Corporation: SWOT Analysis
Figure 50 STMicroelectronics: Company Snapshot
Figure 51 STMicroelectronics: SWOT Analysis

The study involved four major activities in estimating the current market size of the vehicle control unit market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down and bottom-up approach was employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, publications of electric vehicle OEMs, Canadian Automobile Association (CAA), country-level automotive associations and trade organizations, and the US Department of Transportation (DOT)], control unit magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, and technical articles have been used to identify and collect information useful for an extensive commercial study of the global vehicle control unit market.

Primary Research

Extensive primary research has been conducted after acquiring an understanding of this market scenario through secondary research. Several primary interviews have been conducted with market experts from the demand- and supply-side OEMs (in terms of component supply, country-level government associations, and trade associations) and component manufacturers across three major regions, namely, Asia Pacific, Europe, and North America. Approximately 23% and 77% of primary interviews have been conducted from the demand- and supply-side, respectively. Primary data has been collected through questionnaires, emails, LinkedIn, and telephonic interviews. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report.

After interacting with industry experts, we conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. Following is the breakdown of primary respondents.

Vehicle Control Unit Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation,

The top-down approach was used to estimate and validate the total market size. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To segment and forecast the global vehicle control unit market size in terms of volume and value.
  • To define, describe, and forecast the global vehicle control unit market based on propulsion type, vehicle type, capacity type, voltage type, component type, electric two-wheeler type, function, communication technology, and region
  • To segment and forecast the market size by propulsion type {battery electric vehicle (BEV), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV)}
  • To segment and forecast the market size by vehicle type (passenger car and commercial vehicle)
  • To segment and forecast the market size by component type (hardware and software)
  • To segment and forecast the market size by voltage type (12/24V and 36/48V)
  • To segment and forecast the market size by capacity type (16, 32, and 64-bit)
  • To segment and forecast the market size by electric two-wheeler type (E-scooter/moped and E-motorcycle)
  • To segment and forecast the market size by function (qualitative)
  • To segment and forecast the market size by communication technology type (Qualitative)
  • To forecast the market size with respect to key regions, namely, North America, Europe, and Asia Pacific.
  • To provide detailed information regarding the major factors influencing market growth (drivers, challenges, restraints, and opportunities)
  • To strategically analyze markets with respect to individual growth trends, future prospects, and contribution to the total market

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance to the company’s specific needs.

  • Vehicle Control Unit Market, By Voltage type at country level
  • Vehicle Control Unit Market, By Capacity at country level

Company Information

  • Profiling of Additional Market Players (Up to 5)
Report Code
AT 7305
Published ON
Aug, 2019
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