Automotive Electronics Control Unit Market is Projected to Display more than 6.7% CAGR till 2024 by sarajames · October 18 Cheap Garett Bolles Jersey , 2018
ency on fossil fuels and also controls CO2 emissions. The growing popularity of electric vehicles is another key factor that will fuel this industry in the forthcoming years.
The preference for sophisticated systems in mid-sized vehicles, such as navigation and high-end communication systems will create opportunities for expansion of this industry. Increasing R&D expenditure aimed at the production of cost-efficient components for various ECUs will fuel market demand. However, owing to complexities in the consolidation of automotive domains, this market is likely to face certain bottlenecks.
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The global automotive ECU market is categorized on the basis of applications and geography. Based on applications Cheap Courtland Sutton Jersey , the divisions are powertrain, chassis electronics, safety & security, entertainment Cheap Matt Paradis Jersey , and communication & navigation. The communication and navigation segment will expand significantly owing to surging demand for sophisticated in-car features, eco-efficiency, and in-car data storage.
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