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Automotive Engine Management System Market by Vehicles (Passenger Cars and Commercial Vehicles), by Propulsion (Electric, Hybrid, and I.C. Engines), by Component (ECU, Fuel Pump, Engine Sensors, and Others), by Sensor Type (Temperature Sensor, Oxygen Sensor, Position Sensor, Knock Sensor, and Others), by Sales Channel (OEM and Aftermarket), by North Americ (United States, Canada, Mexico), by South America (Brazil, Mexico, Rest of South America), by Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by MEA (Middle East, Africa) Forecast 2024-2032
The global automotive engine management system market size is valued at USD 120.4 billion in 2021 and is projected to reach USD 332.3 billion by 2029, exhibiting a CAGR of 13.7% during the forecast period (2022-2029). The Automotive Engine Management System (EMS) Market refers to the systems that control the various aspects of a car engine with efficiency and emissions being some of the elements that are controlled by this system to ensure the correct functioning of a car. These consist of sensors, actuators, and control devices that supervise and manage some parameters of an engine such as fuel injection, ignition period, and the air-to-fuel ratio. These can be implemented not only in cars used by passengers but also in commercial cars and high-performance cars. New emerging trends include the integration of new technologies such as advanced driver assistance systems (ADAS), the use of electric or hybrid cars, or the use of some artificial intelligence or machine learning methods for purposes of maintenance or accurate fuel consumption. These are the aspects such as the drive for emission targets, the need for fuel economy, and the technological advancements in the automotive segments.
Vehicles:
Propulsion:
Component:
Sensor Type:
Sales Channel:
The Asia-Pacific region is expected to dominate the market with the highest market share due to increasing vehicle production and demand for fuel-efficient vehicles.
The market is segmented based on vehicle type, propulsion, component, sensor type, and sales channel.
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 37.4% from 2018-2032 |
Segmentation |
|
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 37.4% from 2018-2032 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
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During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
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