South Korea Automotive Electronic Control Unit Market Size & Outlook
South Korea automotive electronic control unit market, 2018-2030 (US$M)
Related Markets
South Korea automotive electronic control unit market highlights
- The South Korea automotive electronic control unit market generated a revenue of USD 5,254.3 million in 2023 and is expected to reach USD 7,943.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, passenger vehicle was the largest revenue generating vehicle type in 2023.
- Passenger 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 5,254.3 million |
| Market revenue in 2030 | USD 7,943.7 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Passenger vehicle |
| Fastest growing segment | Passenger 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, South Korea accounted for 5.0% 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 Asia Pacific, China automotive electronic control unit market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,306.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automotive Electronic Control Unit Market Scope
Automotive Electronic Control Unit Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 61.42% in 2023. Horizon Databook has segmented the South Korea automotive electronic control unit market based on passenger vehicle, commerical vehicle covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Automotive Electronic Control Unit Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Passenger Vehicle
- Commerical Vehicle
Reasons to subscribe to South Korea automotive electronic control unit market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea automotive electronic control unit market databook
-
Our clientele includes a mix of automotive electronic control unit market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea automotive electronic control unit market , including forecasts for subscribers. This country databook contains high-level insights into South Korea automotive electronic control unit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea automotive electronic control unit market size, by vehicle type, 2018-2030 (US$M)
South Korea Automotive Electronic Control Unit Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
