Automotive Engine Management System Market

Global Automotive Engine Management System Market Size (2024 to 2032)

The global automotive engine management system market was valued at USD 66.40 billion in 2023 and is anticipated to reach USD 69.46 billion in 2024 from USD 99.62 billion by 2032, growing at a CAGR of 4.61% from 2024 to 2032.

The vehicle sector drives the demand for automotive engine management systems. As a result, changes in the demand for automobiles have a direct impact on the market for automotive engine management systems. Vehicle sales have increased dramatically following the lockout. As a result, manufacturers are developing more innovative technologies to suit client demands and match their requirements. The ignition timing of the amount of fuel pumped into the car is controlled and adjusted by the automotive engine management system. Sensors that control engine speed, intake air and coolant temperature, and oxygen sensors that control emissions make up the system. The engine management system is one of the most important components of a vehicle since it controls the amount of gasoline injected and adjusts the ignition timing. The engine management system is also an electronic control unit that takes inputs from various sensors, performs computations, and sends out output signals to execute various functions and operations within and around the engine.

Market Drivers

Customers' growing awareness of CO2 emissions and pollution levels has prompted manufacturers of automobile engine management systems to build more modern vehicles that emit no gases. The global need for engine management systems has expanded as the desire for environmentally friendly vehicles that burn less gasoline has increased. This is the market's primary driving force.

With the advent of technology, the lifespan of many vehicles is growing. Every automobile has a major replacement cycle. The engine management ECU replacement cycle repeats again. As a result, it is critical for the consumer to replace the item. The engine control module is extremely expensive in the aftermarket, which may raise market income. As a result, the replacement market has a lot of significant players, which helps to grow the business and creates a lot of opportunities.

Another factor fuelling the growth of the automotive engine management system market is the high per capita income as well as the rising automotive sector, which is linked to increased registration of new cars. Furthermore, the growing involvement of new market participants has increased established firms' readiness to offer relatively low costs for high-quality items, which is expected to develop significantly during the forecast period.

Market Restraints

Automotive manufacturers are continually focusing on EMS R&D to enhance engine performance parameters such as fuel economy, emissions, and power output. Manufacturing such systems is tough for the automobile engine management system sector since both the development and design criteria are difficult to keep under control. The rise in pollution levels is a major element in the decline in diesel vehicle sales. As a result, the demand for alternative cars has risen. Electric buses are being developed in countries such as South Korea, India, and China to minimize pollution and emissions. Sales of FCEVs and BEVs are increasing as a result of increased environmental consciousness and worries about emissions. Because electric vehicles do not require an engine management system, an increase in their sales will have a significant impact on the engine management system.

REPORT COVERAGE

 SEGMENTAL ANALYSIS

Automotive Engine Management System Market By Engine Type

Gasoline is expected to have a high demand, and it is anticipated to be the fastest-growing segment in the global automotive engine management system market during the forecast period. During the projected period, the market for gasoline engine management systems is expected to rise at a quicker rate. Furthermore, the implementation of Euro 6 and EPA Tier 3 standards has prompted OEMs to reduce diesel passenger car output. EV adoption, on the other hand, has hurdles like restricted battery range and longer charging times. As a result, gasoline passenger automobiles are becoming more popular in North America and Europe. Furthermore, due to impending regulations such as China's 6a and 6b and India's BS-VI, the markets for gasoline vehicles are likely to rise at a rapid rate in the coming years, boosting the market for automotive engine management systems for gasoline vehicles.

Automotive Engine Management System Market By Component

Engine Control Unit is expected to have the dominant share in the global automotive engine management system market During the forecast period. It is a variety of electronic control units that ensure optimal engine performance by controlling a series of actuators on an enclosed combustion engine. It accomplishes this by collecting data from a spread of sensors within the engine bay, interpreting it using multidimensional performance maps (known as lookup tables), and modifying the engine actuators. Mechanical and pneumatic mechanisms were accustomed to set and control the air–fuel mixture, ignition timing, and idle speed before ECUs. An electronic engine management system is one during which the ECU has control over the gasoline lines (EEMS). The mechanical system is to blame for managing the fuel supply to the engine. A stack of sensors and actuators regulates the complete mechanism of the EEMS.

Automotive Engine Management System Market By Vehicle Type

Commercial Vehicles are expected to have high demand, and it is anticipated to be the fastest-growing segment in the global automotive engine management system market during the forecast period. Rapid urbanization has created opportunities for new retail and e-commerce platforms that require efficient logistics, resulting in increased demand for commercial vehicles. Commercial vehicles are utilized for a variety of tasks, including parcel and courier delivery, e-commerce, white goods delivery, fruits and vegetable delivery, and market leading. The requirement for automotive engine management systems in commercial vehicles has grown as demand for fuel efficiency has increased. These reasons are expected to drive the market for commercial vehicle engine management systems. The demand for commercial vehicles in India, China, and Japan is expected to drive the market at the quickest CAGR in the automotive engine management system market.

REGIONAL ANALYSIS

Asia Pacific is expected to have the dominant share in the global automotive engine management system market during the forecast period. The most significant driving reasons for the automotive engine management system market are the forthcoming emission requirements in Asia Pacific. At the same time, demand for premium vehicles has risen dramatically. The growing demand for automobiles, particularly premium passenger cars, has emphasized the necessity for improved pollution technologies and engine performance. As a result, within the next years, the marketplace for engine management systems within the region is predicted to rise significantly. During the projected period, China is anticipated to dominate the Asia-Pacific engine management system market. China is the world's largest automobile producer, with major OEMs and engine suppliers based there. As an example, Chery's ACTECO 1.6TGDI engine is the first to use Chery's five fundamental technologies to avoid the engine oil problem. Such advancements by China's major OEMs aid the expansion of the Asia Pacific Automotive Engine Management System sector.

KEY PLAYERS IN THE GLOBAL AUTOMOTIVE ENGINE MANAGEMENT SYSTEM MARKET

Robert Bosch, Delphi Automotive, Hitachi Automotive Systems, Denso Corporation, Continental AG, MBE Systems, Hella KgaA Hueck, Infineon Technology, Sensata Technologies. Some of the market players dominate the global automotive engine management system market.

RECENT HAPPENINGS IN THE  MARKET

• Altra Industrial Motion Corp. stated that it has reached an agreement with Cummins Inc. to sell its Jacobs Vehicle Systems division for $325 million. The acquisition of JVS, according to Cummins, provides crucial USMCA-qualified engine components for current and aftermarket products and builds on Cummins Turbo Technologies' global success.
• AT HETHEL, LOTUS LAUNCHES THE EMIRA GT4 RACE CAR WITH HOT LAPS. On the historic Hethel test circuit, Lotus debuted the all-new Emira GT4 race vehicle with a spectacular display of its exhilarating performance.
• By monitoring evolving tire characteristics such as tire stiffness and tread depth, Nexteer Automotive and Tactile Mobility have unveiled a software solution that seeks to improve vehicle health management, safety, and performance. Changes in road surfaces, such as dry, wet, or icy conditions, can also be detected by the system. The partnership's technology is integrated into a vehicle's steering system and can measure tire health and other tire-related characteristics using cutting-edge software and virtual sensors.

DETAILED SEGMENTATION OF THE GLOBAL AUTOMOTIVE ENGINE MANAGEMENT SYSTEM MARKET INCLUDED IN THIS REPORT

This research report on the global automotive engine management market is segmented and sub-segmented based on Engine Type, Component Type, Vehicle Type, And Region.

By Engine Type

• Gasoline.
• Diesel.

By Component

• Engine Control Unit.

• Engine Sensors.
• Fuel Pump.

By Vehicle Type

• Passenger.
• Commercial.

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa