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Automotive Engine Management System Market Trends

Report ID: GMI9883 Published Date: June 2024Report Format: PDF
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Automotive Engine Management System Market Trends

The automotive EMS industry is expanding rapidly due to automotive manufacturers' efforts to enhance vehicle performance and efficiency. This trend is paralleled by the automotive industry's shift toward electrification and hybridization, driven by stringent environmental regulations and increasing consumer demand for eco-friendly vehicles. R&D initiatives within the automotive sector are pivotal, focused on upgrading EMS technologies to incorporate cutting-edge features such as predictive maintenance, real-time diagnostics, and adaptive control systems. These innovations are essential in meeting the demands of modern vehicle architectures and supporting the integration of autonomous driving functionalities.

For example, in June 2024, Valeo adopted Dassault Systèmes’ 3D EXPERIENCE platform to accelerate the development of new automotive technologies to achieve safer and more sustainable mobility solutions. This strategic move underscores Valeo's commitment to innovating EMS technologies, thereby driving advancements in vehicle electrification and enhancing performance across their product line.

Author: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :

What is the size of automotive engine management systems market?+

The market size of automotive engine management system (EMS) reached USD 63.4 billion in 2023 and is set to witness 4.3% CAGR from 2024 to 2032, led by continuous advancements in automotive technology, and stringent emission regulations.

Why is the demand for passenger automotive engine management systems growing?+

The passenger vehicle segment in the automotive engine management system (EMS) industry held over 65% share in 2023, driven by the growing demand for efficient and environmentally friendly EMS solutions.

How big is the Asia Pacific automotive engine EMS market?+

Asia Pacific market accounted for 36% share in 2023, fueled by rapid industrialization, increasing vehicle production, and stringent emission regulations.

Mention the key players involved in automotive engine management system (EMS) industry?+

BorgWarner Inc., Continental AG, DENSO C, Dover, Hitachi, Infineon, Mitsubishi, Robert Bosch, Sensata, and Vaelo.

Automotive Engine Management System Market Scope

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