Brazil Automotive Electronic Control Unit Market Size & Outlook
Brazil automotive electronic control unit market, 2018-2030 (US$M)
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Brazil automotive electronic control unit market highlights
- The Brazil automotive electronic control unit market generated a revenue of USD 5,396.1 million in 2023 and is expected to reach USD 7,826.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, passenger vehicle was the largest revenue generating vehicle type in 2023.
- Commerical Vehicle is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
Automotive electronic control unit market data book summary
| Market revenue in 2023 | USD 5,396.1 million |
| Market revenue in 2030 | USD 7,826.2 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Passenger vehicle |
| Fastest growing segment | Commerical Vehicle |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Vehicle, Commerical Vehicle |
| Key market players worldwide | Autoliv Inc, BorgWarner Inc, Continental AG, Denso Corp, HELLA GmbH & Co KGaA, Hitachi Ltd, Panasonic Holdings Corp, Robert Bosch Engineering & Business Solutions, Valeo SA |
Other key industry trends
- In terms of revenue, Brazil accounted for 5.2% of the global automotive electronic control unit market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil automotive electronic control unit market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 2,778.5 million by 2030.
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Automotive Electronic Control Unit Market Scope
Automotive Electronic Control Unit Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil automotive electronic control unit market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive electronic control unit market will help companies and investors design strategic landscapes.
Passenger vehicle was the largest segment with a revenue share of 81.03% in 2023. Horizon Databook has segmented the Brazil automotive electronic control unit market based on passenger vehicle, commerical vehicle covering the revenue growth of each sub-segment from 2018 to 2030.
The importance of Antilock Braking Systems (ABS) and Adaptive Front lighting Systems (AFS) in improving road safety has propelled Brazilian regulatory bodies to mandate the installation of these systems on vehicles. This is driving the demand for automotive ECUs in the country as well as the use of ADAS in cars to lower traffic accidents and fatalities.
Key players in the sector are focused on product innovations to provide better services, thus positively influencing the market. Moreover, increasing public safety concerns and evolving technologies are expected to fuel market expansion over the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil automotive electronic control unit market , including forecasts for subscribers. This country databook contains high-level insights into Brazil automotive electronic control unit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil automotive electronic control unit market size, by vehicle type, 2018-2030 (US$M)
Brazil Automotive Electronic Control Unit Market Outlook Share, 2023 & 2030 (US$M)
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