Market Forecast By ECU Type (Body Control Module, Motor Control Unit, Battery ECU, Transmission ECU, Infotainment ECU, Others), By EV Type (Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV)) And Competitive Landscape
Product Code: ETC071503 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The electric vehicle (EV) Electronic Control Unit (ECU) market in India is expected to show significant growth over the forecast period. This growth is driven by increasing government initiatives such as FAME II, rising focus on reducing emissions from vehicles and technological advancements in EVs. Further, increasing sales of plug-in hybrid electric vehicle, battery electric vehicles are driving the demand for EV ECUs in India.
Government Initiatives: Government initiatives such as FAME II and Make In India are promoting the use of EVs through various incentives for manufacturers and consumers. These incentives have led to an increase in production and sale of Electric Vehicle components including ECUs thereby creating a positive impact on the Indian EV ECU Market. Increasing Environmental Concerns? Rising environmental concerns due to pollution caused by conventional combustible engines has resulted into stringent emission norms that need to be adhered by automotive manufacturers leading them shift towards producing more environment friendly alternatives like EV?s resulting into increased use of their components like ECU?s which drives the market growth. Technological Advancements ? Increasing adoption of advanced technologies such as smart charging systems, connected car technology etc., have been contributing towards growing usage of Electric Vehicle Components including ECUs thus driving the market growth further.
High Cost?High cost associated with manufacturing & installation process remains key challenge for wider consumer acceptance hence hampering overall market development . Lack Of Infrastructure ? Lack Of adequate infrastructural facilities , charge points etc., restricts wider penetration & popularity among customers majorly affecting overall industry expansion.
Growing Demand For Plug-In Hybrid Vehicles -The growing demand for plug-in hybrid vehicles is propelling its integration with high end electronic control units which will drive up its demand from Ev segment fueling industry profits significantly .
Some key players operating within the Indian EV ECU Market include Robert Bosch GmbH , Continental AG , ZF Friedrichshafen Ag,, Denso Corporation, NXP Semiconductors, Delphi Automotive PLC among others .
With Covid 19 pandemic, global automotive supply chain has been severely disrupted alongwith hindering production activities across several OEM`s due to lock down restrictions laid all over world impacting negatively on entire automotive value chain creating issues related availability & affordability factors consequently having a negative impact on
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Electric Vehicle (EV)ECU Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electric Vehicle (EV)ECU Market Revenues & Volume, 2020 & 2027F |
3.3 India Electric Vehicle (EV)ECU Market - Industry Life Cycle |
3.4 India Electric Vehicle (EV)ECU Market - Porter's Five Forces |
3.5 India Electric Vehicle (EV)ECU Market Revenues & Volume Share, By ECU Type, 2020 & 2027F |
3.6 India Electric Vehicle (EV)ECU Market Revenues & Volume Share, By EV Type, 2020 & 2027F |
4 India Electric Vehicle (EV)ECU Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Electric Vehicle (EV)ECU Market Trends |
6 India Electric Vehicle (EV)ECU Market, By Types |
6.1 India Electric Vehicle (EV)ECU Market, By ECU Type |
6.1.1 Overview and Analysis |
6.1.2 India Electric Vehicle (EV)ECU Market Revenues & Volume, By ECU Type, 2018 - 2027F |
6.1.3 India Electric Vehicle (EV)ECU Market Revenues & Volume, By Body Control Module, 2018 - 2027F |
6.1.4 India Electric Vehicle (EV)ECU Market Revenues & Volume, By Motor Control Unit, 2018 - 2027F |
6.1.5 India Electric Vehicle (EV)ECU Market Revenues & Volume, By Battery ECU, 2018 - 2027F |
6.1.6 India Electric Vehicle (EV)ECU Market Revenues & Volume, By Transmission ECU, 2018 - 2027F |
6.1.7 India Electric Vehicle (EV)ECU Market Revenues & Volume, By Infotainment ECU, 2018 - 2027F |
6.1.8 India Electric Vehicle (EV)ECU Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 India Electric Vehicle (EV)ECU Market, By EV Type |
6.2.1 Overview and Analysis |
6.2.2 India Electric Vehicle (EV)ECU Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2018 - 2027F |
6.2.3 India Electric Vehicle (EV)ECU Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle (PHEV), 2018 - 2027F |
6.2.4 India Electric Vehicle (EV)ECU Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2018 - 2027F |
7 India Electric Vehicle (EV)ECU Market Import-Export Trade Statistics |
7.1 India Electric Vehicle (EV)ECU Market Export to Major Countries |
7.2 India Electric Vehicle (EV)ECU Market Imports from Major Countries |
8 India Electric Vehicle (EV)ECU Market Key Performance Indicators |
9 India Electric Vehicle (EV)ECU Market - Opportunity Assessment |
9.1 India Electric Vehicle (EV)ECU Market Opportunity Assessment, By ECU Type, 2020 & 2027F |
9.2 India Electric Vehicle (EV)ECU Market Opportunity Assessment, By EV Type, 2020 & 2027F |
10 India Electric Vehicle (EV)ECU Market - Competitive Landscape |
10.1 India Electric Vehicle (EV)ECU Market Revenue Share, By Companies, 2020 |
10.2 India Electric Vehicle (EV)ECU Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |