Download Free Sample
Table of Contents
Engine management systems are mainly responsible for controlling the performance and emissions of the automobile. The use of engine management systems has become dynamic as they support the vehicle manufacturers in meeting current and future emission requirements. An automotive engine is a complex part of precision-built equipment. It provides power to drive the vehicle’s wheels. Furthermore, the engines used in automotive are known as internal combustion engine as the burning of fuels and air takes place inside the system. Moreover, the use of engine management systems has become important as they support various vehicle manufacturers in meeting current and future emission requirements.
New sensors are being used in an engine management system for better performance of the engines expected to the major driving factor for the automotive engine management system. Additionally, regulatory actions around the world have become very strict regarding the Volkswagen emission scandal this, in turn, is this is anticipated to fuel the growth of the automotive engine management market over the forecast period. However, the high cost of engine management due to is likely to restrain the growth of the market. Furthermore, according to OICA, the sales of new vehicles have been increased in 2023 the number of vehicles sold was 9.38 million.
The study covers a detailed analysis, growth and forecast of the Automotive Engine Management Systems Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2018 to 2023 and market forecast for 2024 to 2030 based on revenue generated. The study includes market value in terms of revenue in million USD for years 2018-2030 and compound annual growth rate (CAGR) in % from 2024 to 2030. The market is expected to show constant growth between 2024 to 2030.
The report comprises value chain analysis for each of the product segments. Value chain analysis offers in-depth information about value addition at each stage. The study includes drivers and restraints for Automotive Engine Management Systems Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users/regions. Our study Automotive Engine Management Systems Market helps users to make precise decision to expand their market presence and increase market share.
The report provides Automotive Engine Management Systems Market Dynamics, includes industry growth drivers, challenges, opportunities, risk, constraints as well as threats. Report also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Automotive Engine Management Systems Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.
Global Automotive Engine Management Systems Market: Product Type
Global Automotive Engine Management Systems Market: Application
Global Automotive Engine Management Systems Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Automotive Engine Management Systems Market:
Geographical analysis of Global Automotive Engine Management Systems Market:
Global Automotive Engine Management Systems Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 220175.87 million |
Forecast Value (2031) |
USD 372478.36 million |
CAGR (2025-2030) |
7.8 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Automotive Engine Management Systems Market was valued at around USD 220175.87 million in 2023 & estimated to reach USD 372478.36 million by 2030.
Automotive Engine Management Systems Market is likely to grow at Compound Annual Growth Rate (CAGR) of 7.8% between 2024 to 2030.
Automotive Engine Management Systems Market is dominated by the Diesel segment and the Asia-Pacific region holds the highest market share in 2023.
Some of the top key players in the Automotive Engine Management Systems Market are
Primary driving factors for the growth of the Automotive Engine Management Systems Market include New sensors are being used in an engine management system for better performance of the engines.
Yes, the report includes COVID 19 impact on the market.
Inquire Before Buying
We are committed to offering 100 % free customization while purchasing.
Receive a detailed insight into the Automotive Engine Management Systems Market research study with our FREE sample report delivered straight to your email. The report covers major market factors such as Revenue, Forecast, Top companies insight, Regional analysis, Market trends & more.
Download Free Sample