The Two-Wheeler Electronic Control Unit (ECU) Market is being driven by Increased electrification of mechanical components
The Two-Wheeler Electronic Control Unit (ECU) Market is expected to grow at a CAGR of 4.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 17.9 billion. Bosch's Motronic ECU is a sophisticated and adaptable solution for two-wheelers, offering advanced connectivity with smartphones. This feature enables riders to access real-time engine information, such as speed, fuel consumption, and route distance, directly on their mobile devices. In the future, immobilizers can be activated remotely via smartphones, cutting off the engine's fuel supply. Moreover, smartphones can function as diagnostics tools, allowing riders to identify malfunctions and view relevant data.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
230 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.4% |
Market growth 2025-2029 |
USD 17.9 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.2 |
Key countries |
US, China, Brazil, India, Indonesia, Argentina, Vietnam, Canada, Germany, and Thailand |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Two-Wheeler Electronic Control Unit (ECU) market encompasses various electronic systems in electric motorcycles. OEMs integrate Android Infotainment and telematics into these ECUs, enhancing functionality. Engine immobilizers and antitheft alarms ensure security. Automotive engineers design Vehicle ECUs, including Body Control Units, utilizing sensors, CAN network, DC conversion, and motor control for electric motorcycles. Powertrain motors, fuel level, battery management, and advanced diagnostics are crucial components. Enthusiasts value data logging, fueling, ignition timing, engine parameters, and electronics for enhanced riding experience. Compatibility with various systems, such as battery systems and fueling, is essential.
The global automotive components and equipment market encompasses businesses producing parts and accessories for various vehicle types, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio, market size is determined by the consolidated revenue generated by manufacturers of automotive components and equipment. A primary growth driver in this sector is the escalating demand for electronic control units (ECUs) and other electrical components due to the increasing sales of electric vehicles, motorcycles, and passenger cars over the past decade. Furthermore, the integration of advanced technologies such as Android infotainment systems, telematics, engine immobilizers, and antitheft alarms in vehicles is expected to boost market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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