Automotive Electronic Control Unit Market Share

The Asia Pacific automotive ecu market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the surging demand of luxury cars. In 2021, demand of luxury cars surged in China and about 840,000 BMW and Mini cars were imported to the China by German manufacturers. Further, in the India, nearly 24,000 luxury cars were sold in 12 months till March 2022. Moreover, rising popularity of electric cars is expected to the boost the automotive electronic control unit market in Asia Pacific region. In 2020, over 1 million sale of electric car was reported in the Japan.