Automotive Electronic Control Unit Market Automotive Electronic Control Unit | Page 3

Automotive Electronic Control Unit (ECU) Market Size, Share & Industry Analysis, By Application (Powertrain, Braking Systems, Body Electronics, Adas, Infotainment), By Vehicle (Passenger, LCV, HCV, Electric Vehicle), and Regional Forecasts, 2019-2025 Governmental Initiatives to Prevent Road Accidents to Boost Market Growth There is a rise in the number of deaths due to an increasing prevalence of road accidents. Hence, the government bodies worldwide are implementing stringent rules and regulations on automotive companies to manufacture vehicles that are equipped with the latest technology. Majority of the government bodies are putting forward strict laws to minimize the cases of death that are caused by road accidents. The New Car Assessment Program (NCAP), for instance, was implemented by Europe and China for all the manufacturers Asia Pacific to Lead Owing to Increasing Penetration of Electrification in Japan & China Geographically, the Automotive Electronic Control Unit Market is divided into Asia Pacific, the Middle East and Africa, Europe, North America, and Latin America. Out of these, Asia Pacific is projected to lead the market due to a rise in the sales of new vehicles as well as strict government rules on vehicle emission. In countries, such as Japan and China, increasing penetration rate of electrification due to a rise in the technological advancement in electronic vehicles will propel growth. At present, Asia Pacific holds the major Automotive Electronic Control Unit Market share in terms of revenue and volume. Browse Complete Report: https://www.fortunebusinessinsights.com/industry-reports/automotive-electronic-control-unit-ecu- Fortune Business Insights Pvt Ltd. market-101595