According to the report by Expert Market Research (EMR), the global automotive engine management system market size reached a value of USD 62.94 billion in 2023. Aided by the increasing demand for fuel-efficient vehicles, stringent emission regulations, and the rising adoption of advanced technologies in the automotive sector, the market is projected to further grow at a CAGR of 3% between 2024 and 2032 to reach a value of USD 82.15 billion by 2032.
An engine management system (EMS) is a critical component in modern vehicles, responsible for controlling the engine’s operation to ensure optimal performance, fuel efficiency, and low emissions. It achieves this by monitoring and adjusting various parameters such as fuel injection, ignition timing, and air intake, using sensors and actuators in conjunction with an electronic control unit (ECU).
Get a Free Sample Report With Table Of Contents – https://www.expertmarketresearch.com/reports/automotive-engine-management-system-market/requestsample
The push for fuel efficiency and reduced emissions is a significant automotive engine management system market trend. Governments worldwide are implementing strict emission norms to combat environmental pollution, compelling automakers to integrate advanced EMS in their vehicles. Furthermore, the growing consumer demand for vehicles with better performance and lower fuel consumption is driving the adoption of sophisticated engine management systems.
The integration of advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), and machine learning (ML) in the engine management system is revolutionising the automotive sector. These technologies enable real-time monitoring and predictive maintenance, enhancing vehicle performance and reducing the likelihood of breakdowns, consequently driving up the automotive engine management system market share.
The gasoline engine segment holds a significant share of the market, attributed to the high production and sales of gasoline-powered vehicles globally. However, the diesel engine segment is expected to witness substantial growth due to the increasing demand for diesel-powered commercial vehicles in emerging economies.
The Asia-Pacific region significantly contributes to the automotive engine management system market demand, driven by the booming automotive sector in countries such as China, India, Japan, and South Korea. The region’s market growth is further fuelled by the rising demand for vehicles, increasing disposable incomes, and the presence of major automotive manufacturers.
Europe and North America are also key markets for the automotive engine management system, with a strong focus on technological advancements and stringent emission regulations. The adoption of electric and hybrid vehicles in these regions is expected to further boost the demand for advanced engine management systems.
Read Full Report With Table Of Contents – https://www.expertmarketresearch.com/reports/automotive-engine-management-system-market
Furthermore, the key players in the market are focusing on strategic partnerships, mergers and acquisitions, and research and development activities to enhance their market presence and meet the evolving demands of the automotive sector, leading to the automotive engine management system market development.
Automotive Engine Management System Market Segmentation
The market can be divided based on the component type, engine type, vehicle, and region
Market Breakup by Component Type
- Engine Control Unit (ECU)
- Fuel Pump
- Sensors
- Others
Market Breakup by Engine Type
- Gasoline
- Diesel
- Others
Market Breakup by Vehicle
- Commercial Vehicle
- Passenger Car
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global automotive engine management system market. Some of the major players explored in the report by Expert Market Research are as follows:
- Robert Bosch GmbH
- Continental AG
- Hitachi Automotive Systems, Ltd.
- Infineon Technologies AG
- Delphi Technologies (BorgWarner Inc.)
- DENSO Corporation
- Others
Read More Reports:
Amorphous Soft Magnetic Materials Market: https://www.expertmarketresearch.com/reports/amorphous-soft-magnetic-materials-market
Coin-operated Laundries Market: https://www.expertmarketresearch.com/reports/coin-operated-laundries-market
Solvent Recycling Market: https://www.expertmarketresearch.com/reports/solvent-recycling-market
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.
Media Contact:
Company Name: Claight Corporation
Contact Person: John Millence, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
