Engine Management IC Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
Engine management integrated circuits provide high performance engine management. Integrated circuits are semiconductor wafers on which millions of small resistors, transistors and capacitors are fabricated. These are able to function as oscillators, amplifiers, timers, computer memory, counters, or microprocessors. These circuits are responsible for regulating the quantity of fuel injected and adjustment of the timing of ignition. Optimal functioning of the engine management circuits ensures the best engine power, alongside the lowest exhaust emissions and the lowest consumption of fuel. Engine management integrated circuits are designed for providing cost optimized, compact solutions for engine management systems.
The key factors responsible for driving the growth of the global engine management integrated circuits market are surging living standards, global warming effects, and a surge in awareness about natural resources. These forces have been propelling the swing from motorized to electric control systems with respect to the use of small engines. Besides, these circuits support modern electric control systems that represent engine interfaces between actuators and microcontrollers. The surging requirement for continuous research and development to improve mobility of automotive management systems is another major trend which boosts the market worldwide. Rising demand in case of battery operated cars and technological advancements further bolster the market. Innovation on the lines of programmability and configurability of engine management systems acts as another driver. Additionally, the adoption of engine management integrated circuits in alternative energy creation and conservation processes has supported the overall market growth. The increasing worries about energy loss during distribution have resulted in incorporation of these circuits in order to avert this wastage. The market is also driven by rise in infrastructural, avionic, and different industrial applications.
The chief restraining factors for the growth of the global engine management integrated circuits market are design problems in large scale complex systems circuit integration, and absence of digitization all over the world. However, the market is forecast to be fast-tracked by the various automobile producers with their units of global production. The market is anticipated to carry on its significance with advantages of tiny size and diverse functionality. Moreover, leaders in the automotive industry have been encouraging the utility of engine management integrated circuits in the electronic circuitry.
The global engine management integrated circuits market is segmented according to components, engine type, product type, vehicle type, integration type, raw materials, and market environment. On the basis of components, the market is segmented into modulators, lasers, detectors, multiplexers, attentuators, and optical amplifiers. On the basis of engine type, the market is segmented into diesel engine management integrated circuits, and gasoline engine management integrated circuits. According to product type, the segmentations are motor control integrated circuits, voltage regulators, battery management integrated circuits, and other products. The categories on the basis of vehicle type are light commercial vehicle engine management integrated circuits, heavy commercial vehicle management integrated circuits, and passenger car engine management integrated circuits. The segments of integration type are monolithic integration, hybrid integration, and module integration. According to raw materials, the market can be categorized into gallium arsenide, indium phosphide, lithium nobate, silicon-on insulator, silicon, and other raw materials. On the basis of market environment, the engine management integrated circuits market around the world is classified into small scale integrated circuits, and merchant integrated circuits.
On the basis of geography, the global engine management integrated circuits market is segmented into the five regions of North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. The major players functioning in this market are Mitsubishi Electric, Rohm Co., Huawei Technologies Co., Ltd., Texas Instruments Inc., Taiwan Semiconductor, Toshiba, STMicroelectronics, M/A-COM Technology Solutions Holdings, Inc., Enablence Technologies Inc., and Mellanox Technologies, Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.