Powertrain Control Module (PCM) Market - Forecast (2023 - 2028)

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Powertrain Control Module (PCM) Market Forecast
(2023 - 2028)
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• The increased demand for Commercial Vehicles and
  industrial vehicles is reflecting positively on
  the automotive powertrain control module (PCM)
  market. Due to the continuous depletion of fossil
  fuels, the stringent rules to operate automobiles
  in optimum manner have gained momentum.
• A PCM is one of the most important elements of an
  automobile. As per a report released by the
  European Automobile Manufacturers Association
  (ACEA), 98.9 million motor vehicles were produced
  globally in 2017.

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• Key Takeaways
• The PCM market was valued at 29.53 billion in
  2018 and is estimated to grow at a compound
  annual growth rate of 6.19 during the forecast
  period 2019-2025.
• Asia-Pacific is the leading market for PCMs. The
  region is recognized for high sales of PCMs owing
  to the exponential growth of the automotive
  industry. ,. The emerging technologies have also
  contributed to the growth of the market. The APAC
  region accounted for 27.14 share of the global
  PCM market in 2018.

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• By Distribution Channel- Segment Analysis
• PCM offers several benefits such as the lightness
  of weight, compactness, easy installation, and
  various other warning lights display for safety
  purposes. Therefore, PCM is gaining popularity
  among electric and hybrid car manufactures.
• Rising demand for automatic transmission
  worldwide owing to various benefits it offers
   such as less carbon emission, driving comfort,
  and fuel efficiency is driving the PCM market.

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• Powertrain Control Module (PCM) Market  
• Continental AG
• Denso Corporation
• Mitsubishi Electric
• General Motors
• AB Volvo
• Hyundai KEFICO
• AVL Engineering Company
• Honda
• Mitsubishi Electric
• FTP Industrial
• Hitachi Automotive System.

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Powertrain Control Module (PCM) Market   Learn
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• Data Tables
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