Automotive Electronic Control Unit Market Forecast, 2016-2024 Automotive ECU Market Forecast, 2016-2024 (New) | Page 6

Asia-Pacific region is anticipated to grow with the fastest pace during the forecast period Asia-Pacific is projected to show the highest growth rate, registering a CAGR of 7.7% from 2016 to 2024. This is because the automotive industry is experiencing a huge growth due to the surging preference for sustainable technologies, electric vehicles, eco-friendly driving systems, and energy-preserving vehicles, in the emerging countries of the region such as, India, China, and Japan, which will subsequently boost automotive AECU market. 6