DUBLIN, Jan. 22, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/knkpzx/automotive_engine) has announced the addition of the "Automotive Engine Management System Market by Vehicle Type, Engine Type, Components & Region - Industry Trends & Forecast to 2019" report to their offering.
The automotive industry has become more inclined towards using advanced technologies to reduce emissions and increase fuel economy of vehicles, thereby controlling NOx and CO pollution levels. Engine management system makes sure that the right amount of fuel is combusted with the right amount of air-based on the signals received by the engine control unit (ECU) from various sensors fitted in the vehicle. Hence, engine management systems play an important role in both emissions reduction and improvement in fuel-efficiency of vehicles.
Engine management systems have evolved from the need for enhanced fuel-efficiency and vehicle performance. These benefits derived from such engine management systems, in turn, have prompted the market players to invest extensively in the development of better and advanced systems.The market for the automotive engine management system is driven by factors such as stringent fuel emission norms, increased demand for improved vehicle performance, and inclination of consumers towards environmental friendly vehicles.
The automotive engine management system market in North America and Asia-Oceania is anticipated to grow at a higher rate, both in terms of volume and value, owing to stringent environmental norms being implemented in these regions. Under the corporate average fuel economy (CAFE) standards, the fuel economy target is set to 54 miles per gallon (MPG) by 2025. In China, the China V (Euro V equivalent) standards for light-duty vehicles have been implemented in the cities of Beijing and Shanghai, and by January 2018 it is anticipated to be implemented across the nation.
The U.S., China, Germany, Japan, and Brazil are expected to be the largest markets for the automotive engine management system. Developing countries such as India and South Korea are expected to show a high growth rate in the demand for automotive engine management system from 2014-2019.
The global automotive engine management system market is dominated by players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive plc (U.K.), and Hitachi Ltd. (Japan).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Automotive Engine Management System Market, By Region
8 Automotive Engine Management System Market, By Vehicle Type
9 Automotive Engine Management System Market, By Engine Type
10 Competitive Landscape
11 Company Profiles
- Continental AG
- Delphi Automotive PLC
- Denso Corporation
- Hella Kgaa Hueck & Co
- Hitachi Ltd
- Infineon Technologies AG
- NGK Spark Plug Co., Ltd
- Robert Bosch GMBH
- Sanken Electric Co., Ltd
- Sensata Technologies
For more information visit http://www.researchandmarkets.com/research/knkpzx/automotive_engine
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SOURCE Research and Markets