UK Automotive Electronic Control Unit Market Size & Outlook
UK automotive electronic control unit market, 2018-2030 (US$M)
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UK automotive electronic control unit market highlights
- The UK automotive electronic control unit market generated a revenue of USD 1,572.4 million in 2023 and is expected to reach USD 2,422.5 million by 2030.
- The UK market is expected to grow at a CAGR of 6.4% 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 1,572.4 million |
| Market revenue in 2030 | USD 2,422.5 million |
| Growth rate | 6.4% (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, UK accounted for 1.5% 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 Europe, Germany automotive electronic control unit market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3,116.4 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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UK 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 65.42% in 2023. Horizon Databook has segmented the UK automotive electronic control unit market based on passenger vehicle, commerical vehicle covering the revenue growth of each sub-segment from 2018 to 2030.
In March 2022, the Society of Motor Manufacturers and Traders trade association for the U.K. motor industry stated that the U.K. in electric vehicles since 2011. With industrial investments made by established manufacturers and emerging companies, the U.K. now also produces electric vans, buses, vehicles, and automobiles. As a result, the expanding use of electric vehicles, the growing demand for safety features among millennials, and the increasing requirement for safer and more comfortable automobiles are contributing to the market growth in the country.
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Our clientele includes a mix of automotive electronic control unit market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK automotive electronic control unit market , including forecasts for subscribers. This country databook contains high-level insights into UK automotive electronic control unit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK automotive electronic control unit market size, by vehicle type, 2018-2030 (US$M)
UK Automotive Electronic Control Unit Market Outlook Share, 2023 & 2030 (US$M)
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