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Automotive Engine Management System Market with Result, Challenges, Research, Froecast Growth 2021

Press Release   •   Nov 09, 2016 07:08 EST

The automotive industry is one of the growing sectors currently and is expected to show significant growth during the forecast period. The automotive engine management system market is presently more inclined towards fuel efficiency. In order to reduce emissions and to manufacture the vehicles more environmental friendly and technologically upgraded, the OEM’s are concentrated on developing advanced engine management system.

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Automotive engine management forms an integral part of any vehicle. It provides proper functioning of a vehicle and enables it to run smoothly without any trouble. Automotive engine management system consists of ECU (engine control unit), fuel pump, engine sensors and other components which transmits overall engine response to the engine management system. The fuel economy, emissions and the overall performance of the vehicle depends on the engine management system.

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Based on vehicle type, the market is segmented into passenger car, LCV, and HCV. Increase in demand for passenger car in Asia Pacific is one of the major factors boosting the growth of automotive engine management system. Strict government norms for the environment are acting as an opportunity to develop more fuel efficient and environmental friendly automotive engine management system. The increase in demand for gasoline and diesel provides an opportunity to develop engine management system which runs on alternative fuel source.

In addition, the demand for passenger cars, LCV and HCV are expected to experience substantial growth due to increase in disposable income and infrastructural development in countries such as India, China, and Japan among others.

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Key players profiled in this report include Continental AG, Denso Corporation, Robert Bosch, Sensata Technologies, Delphi Automotive Plc and Hella Kgaa Hueck & Co. among others.

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