Transparency Market
Research
Automotive Engine Management System Market Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2021
Published Date
2015-04-28
114 Page Report
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Press Release
Automotive Engine Management System Market is expected to
reach USD 210.60 Billion in 2021
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Automotive Engine Management
System Market
REPORT DESCRIPTION
Automotive Engine Management System Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 – 2021
According to a new market report published by Transparency Market Research Automotive Engine
Management System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast,
2015 - 2021,” the market was valued at USD 145.13 billion in 2014, which is expected to reach
USD 210.60 billion by 2021, growing at a CAGR of 5.5% from 2015 to 2021.Increasing GDP and
technological up gradation are the major drivers for the rise in demand for automotive engine
management system market globally. Based on the types of engine, the global automotive
engine management system market is segmented into gasoline and diesel. Further, by types of
vehicle, the automotive engine management system market has been segmented into passenger
car, LCV and HCV.
Gasoline engine held the largest market share in the automotive engine management system
market followed by diesel engine. The low maintenance and better fuel combustion drives the
gasoline engine market. By vehicle types, the passenger car segment held the maximum market
share. Increasing GDP and per capita income in Asia Pacific are driving the automotive industry.
China and India are the prime markets for passenger cars in Asia Pacific. In addition, government
norms and regulations implemented...