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Alternative Powertrain, Transmission Technologies and the Demand for Comfort and Safety Promise Higher Growth for European Electronic Controllers - Frost & Sullivan expects the market to grow at a compound annual growth rate (CAGR) of 10.9 per cent from 2007 to 2015
Alternative Powertrain, Transmission Technologies and the Demand for Comfort and Safety Promise Higher Growth for European Electronic Controllers

 

PRZOOM - /newswire/ - London, United Kingdom, 2008/06/23 - Frost & Sullivan expects the market to grow at a compound annual growth rate (CAGR) of 10.9 per cent from 2007 to 2015.

   
 
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The European market for advanced electronic controllers for powertrain, transmission, comfort, driver assist and transmission systems is growing strongly, driven mainly by the increasing electronic applications within a vehicle and the need for comfort and convenience. Frost & Sullivan expects the market to grow at a compound annual growth rate (CAGR) of 10.9 per cent from 2007 to 2015.

The ACEA’s CO2 reduction initiative will have a considerable impact on the penetration of hybrids and transmission technologies such as dual clutch and automated manual transmission. Furthermore, the EU commission’s proposal to reduce the number of road fatalities by half by 2010 will augment uptake rates of accident prevention and other safety systems.

New analysis from Frost & Sullivan (automotive.frost.com), Strategic Analysis of the European Automotive Advanced Electronic Controller Market, finds that the markets earned revenues of €499.1 million in 2007 and estimates this to reach €1.14 billion in 2015.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the strategic analysis of the European automotive advanced electronic controller market, then send an email to Anna Anlauft, Corporate Communications, at anna.anlauft[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.

“OEMs are expected to introduce newer applications to differentiate their product offerings in the wake of growing competition,” notes Frost & Sullivan Research Analyst Aswin Kumar R. “There is an enhanced need for comfort and convenience among today’s European consumers paralleled by an increased penetration of alternative powertrains from traditional diesel engines in Europe.”

The need to abide by stringent safety and eco-norms set by the European Union will drive the need for higher data processing and more intelligent controllers to manage engine management and safety-related applications.

However, European consumers are still uninformed about the value proposition and inherent safety associated with most of the applications being offered by OEMs. The expanding electronics content in currently available vehicles increases the complexity of the electronic architecture and raises the risk of failure due to the higher level of electromagnetic interference.

“Economies of scale will eventually lead to cost reductions within the manufacturing process,” adds Kumar. “Prices will only come down with higher volumes, but the demand for certain advanced electronic controllers still remain limited.”

To succeed, OEMs must ensure a faster time to market for advanced applications. This can be achieved by working in partnership with suppliers throughout the value chain.

Strategic Analysis of the European Automotive Advanced Electronic Controller Market is part of the Automotive & Transportation Growth Partnership Services Programme, which also includes research in the following markets: European Automotive Original Equipment Position, Pressure and Temperature Sensors Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

Strategic Analysis of the European Automotive Advanced Electronic Controller Market
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Alternative Powertrain, Transmission Technologies and the Demand for Comfort and Safety Promise Higher Growth for European Electronic Controllers

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Contact: Anna Anlauft 
+49 69 770 33 12 anna.anlauft[.]frost.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

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