Global Automotive Engine Control Parts market cagr 12.4%

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Automotive Engine Control Parts Market

Automotive Engine Control Parts Market Size and Growth

The Automotive Engine Control Parts market is witnessing robust growth, driven by advancements in technology and increasing vehicle production. The market size is projected to reach approximately $15 billion by 2028, reflecting a CAGR of 7% from 2023. Key factors include rising demand for fuel-efficient engines and stringent emissions regulations. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ Aisin Tohoku (Japan)

◍ Bosch (Germany)

◍ Japan Actuator Industrial (Japan)

◍ Kuroda Electric (Japan)

◍ Kyoshin (Japan)

◍ Magneti Marelli (Italy)

◍ NIDEC TOSOK (Japan)

◍ Nihon Dempa Kogyo (Japan)

◍ SANYO (Japan)

◍ Shibata Kogyo (Japan)

◍ Toyota Boshoku (Japan)

◍ Valeo (France)

◍ Yamaha Motor Electronics (Japan)

The Automotive Engine Control Parts Market features key players like Bosch, Valeo, and Aisin Tohoku, who innovate and enhance engine efficiency. Companies like Yamaha Motor Electronics and Magneti Marelli contribute advanced technologies. Revenue figures reflect strong demand: Bosch approx. €78 billion, Valeo €19 billion, Aisin Tohoku ¥1.4 trillion.

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Market Segmentation

By Application

Passenger Cars

Commercial Vehicles

By Product

◍ Control Valve Assy

Stepping Motor ◍ Solenoid Valves

Spool Valves / Harness Module

Electric Oil Pump

Control Unit

Others

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Market Growth

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$ X Billion USD

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Global Automotive Engine Control Parts market cagr 12.4% by ReportPrime - Issuu