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Report overview
The global Engine Control Modules market was valued at 10107.74 Million USD in 2021 and will grow with a CAGR of 2.92% from 2021 to 2027.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
This report studies the Engine Control Modules market, Engine Control Modules, also commonly called an engine control unit (ECU), is a type of electronic control unit that controls a series of actuators on an internal combustion engine to ensure optimal engine performance. It does this by reading values from a multitude of sensors within the engine bay, interpreting the data using multidimensional performance maps (called lookup tables), and adjusting the engine actuators accordingly.At present, in the foreign industrial developed countries the Engine Control Modules industry is generally at a more advanced level, the world`s large enterprises are mainly concentrated in the United States, Europe, Japan, etc. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies` manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese Engine Control Modules production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase .
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