Automotive Electronic Control Unit Market Forecast, 2016-2024 Automotive ECU Market Forecast, 2016-2024 (New) | Page 8

AUTOMOTIVE ELECTRONICS CONTROL UNIT MARKET KEY FINDINGS ▪ Power steering system would be the most adopted technology through the forecast period ▪ Passenger car segment generated the highest revenue of $18.13 billion in 2016 and is expected to grow with a CAGR of 6.3% during the forecast period ▪ Asia-Pacific region is anticipated to grow with the fastest pace during the forecast period ▪ Engine management system market is anticipated to witness the highest growth rate of 7.5% in the near future 8