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Global In-flight Advertising Market Research Report: Forecast to 2023 Global Automotive Engine Management System Market Information Report, By Engine Type (Gasoline and Diesel), By Component (Engine Control Unit (ECU), Engine Sensors, Fuel Pump and Others) By Vehicle Type (Passenger Vehicles and Commercial Vehicles) and By Region - Forecast To 2023 Market Synopsis The global automotive engine management system market was valued at USD 141.3 billion in 2016 which is expected to reach USD 235.6 billion by 2023 with the CAGR of 7.68%. Engine management system is one of the essential parts of a vehicle that is responsible for controlling the amount of fuel being injected and for adjusting the ignition timing. Moreover, the engine management system is an electronic control unit which receives signals from various sensors, makes calculations and sends output signals to carry out various functions and operations within and around the engine. The global automotive engine management systems market is expected to witness remarkable growth in the coming years. The factors that influence the demand for automotive engine management systems are booming automotive industry coupled with increasing registration of new cars, expansion of global players into emerging nations and stringent government regulation on reducing vehicle emission. The automotive engine management system market is completely dependent on the automobile industry. Thus, the increase or decrease in demand of the automotive industry directly has an impact on the market. Over the last couple of years, the sales of new vehicles have continuously been increasing. As a result, the demand for automotive engine management system has also increased. Page | 3 Copyright © 2017 Market Research Future.