The rise in population
and an increasing number of automobiles globally is influencing the powertrain
control module market. Owing to the change of preference of PCM over fossil
fuel, there is an increase in demand for powertrain control module (PCM). The PCM
market revenue was valued at $29.53 billion in 2018, and the demand for the
same is estimated to grow at a healthy compound annual growth rate (CAGR) of
6.19% during the forecast period of 2019 to 2025, according to a market
intelligence report by IndustryARC’s analyst.
The report is titled
“Powertrain Control Module (PCM) Market: by Fuel Type (Gasoline, Diesel,
Alternative Fuels, CNG, LPG); Vehicle Type (Passenger, Heavy and Light
Commercial Vehicles) - Forecast (2019-2025).” It documents that the automobile
sector is booming due to which the vendors in the global powertrain control
module market are reaping more revenues.
Global
Powertrain Control Module Market: Demand Analysis and Growth Forecast
Powertrain control module is considered as the brain of automotive. It is an electric device which
controls the main function of the automotive vehicle. It consists of the
Transmission Control Unit (TCU) and Emission Control Unit (ECU). Due to these
factors, the RPM of the vehicle is increased, and it significantly enhances the
efficiency of the vehicle. This device is found in every vehicle, and hence, it
is required in every automobile manufacturing unit. This creates an immense
demand influx in the PCM market.
Global
Powertrain Control Module Market: Leading Segments
APAC PCM market held the
regional share of 27.14% as of 2018. There is an increasing demand by the
customers which is leading to growing investments in the PCM market. Owing to
the constant increase in the heavy, commercial, and passenger vehicles in
countries like China and Australia, the demand for PCM module is constantly
increasing. Eventually, people are spending more on these vehicles and are
generating need in the market.
However, the key application
segment is engine and transmission in the global powertrain control module
market as analyzed by the IndustryARC’s market expert. The application is
poised to grow at a healthy CAGR of 7.65% during the aforementioned forecast
period. This is predominantly because of the fact that powertrain control
module is an integral part of the engine and transmission as it works in close
conjunction with a network of sensors.
Global
Powertrain Control Module Market: Market Drivers and Trends
·
Electrical
PCM Thermal Heating System
When the electric vehicle
is parked, there is a remarkable thermal losses. However, PCM is used for
enhancement of high-performance insulation system, which reduces the thermal
losses. E-PATHS helps in providing thermal energy to heat up the electric
vehicle, which can cover one day’s commute. This trend is gaining prominence in
the PCM market.
·
Solar
PCM for Hybrid Electric Vehicle
Solar PCM’s have better
battery management along with maximum power extraction wherever and whenever
possible from the photovoltaic panels. Due to depleting fossil fuels, most of
the vehicles are powered by electricity or solar power for internal combustion.
However, they are cost-efficient and ecofriendly that drives the demand influx
in the PCM market.
·
Modular
Powertrain Software Control Solution
Recently, AVL has
committed to deliver a modular powertrain software control system solution to
meet the customer’s demand for better vehicle performance and emission. This
has gained immense prominence in the PCM market.
·
Catanium
Clean Emission System
Recently, the companies
have started to focus more on catanium clean emission system which is an
advanced catalyst technology. It reduces the dangerous emission of carbon
monoxide and keeps the environment clean and less polluted. Owing to the
augmented emphasis on environment protection, this trend is disrupting the
powertrain control module market.
Global
Powertrain Control Module Market: Competitive Landscape
Some of the key companies
identified in the report that are currently holding majority shares in the
global powertrain control module market are Continental AG, Denso
Corporation, Mitsubishi Electric, General Motors, AB Volvo, Hyundai KEFICO, AVL
Engineering Company, Honda, Mitsubishi Electric, FTP Industrial, and Hitachi
Automotive System.
Talk to one of our sales
representative about the full report by providing your details in the link
below:
https://www.industryarc.com/support.php?id=15
Related
Reports:
a) Automotive Powertrain Market
https://www.industryarc.com/Research/Automotive-Powertrain-Market-Research-501165
b) Automatic Electronic Control Unit
Market
https://www.industryarc.com/Research/Automatic-Electronic-Control-Unit-Market-Research-505813
What
can you expect from the report?
The powertrain control module market is
prepared with the main agenda to cover the following 20 points:
1. Market Size by Product
Categories &
Application 11.
Demand Analysis (Revenue
& Volume)
2. Market trends &
Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user
Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape
Analysis
9. Mergers &
Acquisition Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
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