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Automotive Electronic Control Unit (ECU) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global automotive electronic control unit (ECU) market reached a value of US$ 75.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 105.4 Billion by 2027, exhibiting a CAGR of 5.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

An automotive electronic control unit (ECU) is embedded in vehicles to control electronic systems and subsystems. It also assists in collecting input from its sensors or other ECUs and relying on actuators to manage the functionalities of automobiles. Some of the commonly integrated automotive ECU are the powertrain control module (PCM), engine control module (ECM), parking aid module, transmission control module (TCM), skid control module, and seat belt control ECU.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Automotive Electronic Control Unit (ECU) Market Trends:

At present, there is a considerable rise in the sales of electric vehicles (EVs) across the globe. This, in confluence with the thriving automotive industry, represents one of the key factors impelling the growth of the market. Moreover, automotive ECU comprises in-vehicle infotainment (IVI) systems that offer handset integration and head-up display for driver assistance, interior personalization, and cloud-based infotainment. It also enables users to customize their cars and infotainment systems with user experience data, music, apps, themes, and colors of their choice to enhance their driving experience. Besides this, governing authorities of numerous countries are mandating the incorporation of safety systems in a vehicle, including an anti-lock braking system (ABS) and adaptive front lighting system (AFS), to increase road safety. This, coupled with the increasing adoption of advanced driver-assistance systems (ADAS) in vehicles to reduce vehicular accidents and fatalities, is escalating the demand for automotive ECU around the world. Furthermore, key players operating in the industry are focusing on product innovations to offer better services, which is positively influencing the market. Other factors, including technological advancements and rising safety concerns among the masses, are projected to stimulate the market growth in the upcoming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive electronic control unit (ECU) market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on capacity, vehicle type, propulsion and application.

Breakup by Capacity:

  • 16-Bit ECU
  • 32-Bit ECU
  • 64-Bit ECU
     

Breakup by Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles
     

Breakup by Propulsion:

  • Internal Combustion Engine
  • Hybrid
  • Battery Electric Vehicle
     

Breakup By Application

 

 
 

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  • ADAS and Safety System
  • Body Control and Comfort System
  • Infotainment and Communication System
  • Powertrain System
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aptiv PLC, Continental AG, DENSO Corporation, Hitachi Ltd., Magna International Inc., Magneti Marelli S.p.A., Nidec Corporation, NXP Semiconductors N.V., Panasonic Corporation, Pektron Group Limited, Robert Bosch GmbH and ZF Friedrichshafen AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Capacity, Vehicle Type, Propulsion, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aptiv PLC, Continental AG, DENSO Corporation, Hitachi Ltd., Magna International Inc., Magneti Marelli S.p.A., Nidec Corporation, NXP Semiconductors N.V., Panasonic Corporation, Pektron Group Limited, Robert Bosch GmbH and ZF Friedrichshafen AG.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Automotive Electronic Control Unit (ECU) Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Capacity
    6.1    16-Bit ECU
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    32-Bit ECU
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    64-Bit ECU
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Vehicle Type
    7.1    Passenger Cars
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial Vehicles
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Propulsion
    8.1    Internal Combustion Engine
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Hybrid
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Battery Electric Vehicle
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Application
    9.1    ADAS and Safety System
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Body Control and Comfort System
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Infotainment and Communication System
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Powertrain System
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Aptiv PLC
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Continental AG
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    DENSO Corporation 
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Hitachi Ltd.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Magna International Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Magneti Marelli S.p.A.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Nidec Corporation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    NXP Semiconductors N.V.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Panasonic Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Pektron Group Limited
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Robert Bosch GmbH
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 SWOT Analysis
        15.3.12    ZF Friedrichshafen AG
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 SWOT Analysis

List of Figures

Figure 1: Global: Automotive Electronic Control Unit Market: Major Drivers and Challenges
Figure 2: Global: Automotive Electronic Control Unit Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Automotive Electronic Control Unit Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Automotive Electronic Control Unit Market: Breakup by Capacity (in %), 2021
Figure 5: Global: Automotive Electronic Control Unit Market: Breakup by Vehicle Type (in %), 2021
Figure 6: Global: Automotive Electronic Control Unit Market: Breakup by Propulsion (in %), 2021
Figure 7: Global: Automotive Electronic Control Unit Market: Breakup by Application (in %), 2021
Figure 8: Global: Automotive Electronic Control Unit Market: Breakup by Region (in %), 2021
Figure 9: Global: Automotive Electronic Control Unit (16-Bit ECU) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Automotive Electronic Control Unit (16-Bit ECU) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Automotive Electronic Control Unit (32-Bit ECU) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Automotive Electronic Control Unit (32-Bit ECU) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Automotive Electronic Control Unit (64-Bit ECU) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Automotive Electronic Control Unit (64-Bit ECU) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Automotive Electronic Control Unit (Passenger Cars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Automotive Electronic Control Unit (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Automotive Electronic Control Unit (Commercial Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Automotive Electronic Control Unit (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Automotive Electronic Control Unit (Internal Combustion Engine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Automotive Electronic Control Unit (Internal Combustion Engine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Automotive Electronic Control Unit (Hybrid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Automotive Electronic Control Unit (Hybrid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Automotive Electronic Control Unit (Battery Electric Vehicle) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Automotive Electronic Control Unit (Battery Electric Vehicle) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Automotive Electronic Control Unit (ADAS and Safety System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Automotive Electronic Control Unit (ADAS and Safety System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Automotive Electronic Control Unit (Body Control and Comfort System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Automotive Electronic Control Unit (Body Control and Comfort System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Automotive Electronic Control Unit (Infotainment and Communication System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Automotive Electronic Control Unit (Infotainment and Communication System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Automotive Electronic Control Unit (Powertrain System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Automotive Electronic Control Unit (Powertrain System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Automotive Electronic Control Unit (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Automotive Electronic Control Unit (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: United States: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: United States: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Canada: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Canada: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Asia-Pacific: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Asia-Pacific: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: China: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: China: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Japan: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Japan: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: India: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: India: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: South Korea: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: South Korea: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Australia: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Australia: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Indonesia: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Indonesia: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Europe: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Europe: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Germany: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Germany: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: France: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: France: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: United Kingdom: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: United Kingdom: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Italy: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Italy: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Spain: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Spain: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Russia: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Russia: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Latin America: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Latin America: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Brazil: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Brazil: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Mexico: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Mexico: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Middle East and Africa: Automotive Electronic Control Unit Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Middle East and Africa: Automotive Electronic Control Unit Market: Breakup by Country (in %), 2021
Figure 83: Middle East and Africa: Automotive Electronic Control Unit Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Global: Automotive Electronic Control Unit Industry: SWOT Analysis
Figure 85: Global: Automotive Electronic Control Unit Industry: Value Chain Analysis
Figure 86: Global: Automotive Electronic Control Unit Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Automotive Electronic Control Unit Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Automotive Electronic Control Unit Market Forecast: Breakup by Capacity (in Million US$), 2022-2027
Table 3: Global: Automotive Electronic Control Unit Market Forecast: Breakup by Vehicles Type (in Million US$), 2022-2027
Table 4: Global: Automotive Electronic Control Unit Market Forecast: Breakup by Propulsion (in Million US$), 2022-2027
Table 5: Global: Automotive Electronic Control Unit Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Automotive Electronic Control Unit Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Automotive Electronic Control Unit Market: Competitive Structure
Table 8: Global: Automotive Electronic Control Unit Market: Key Players

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Key Questions Answered in This Report

The global automotive electronic control unit (ECU) market was valued at US$ 75.1 Billion in 2021.

We expect the global automotive electronic control unit (ECU) market to exhibit a CAGR of 5.60%
during 2022-2027.

The growing adoption of automotive electronic control unit across in-vehicle infotainment systems,
that offer head-up display for driver assistance and generate interior personalization, is primarily
driving the global automotive electronic control unit (ECU) market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of numerous
manufacturing for automotive Electronic Control Unit (ECU).

Based on the capacity, the global automotive electronic control unit (ECU) market has been divided
into 16-bit ECU, 32-bit ECU, and 64-bit ECU. Among these, 32-bit ECU exhibits a clear dominance in
the market.

Based on the vehicle type, the global automotive electronic control unit (ECU) market can be
categorized into passenger cars and commercial vehicles, where passenger cars hold the majority of
the global market share.

Based on the propulsion, the global automotive electronic control unit (ECU) market has been
segmented into internal combustion engine, hybrid, and battery electric vehicle. Currently, internal
combustion engine represents the largest market share.

Based on the application, the global automotive electronic control unit (ECU) market can be
bifurcated into ADAS and safety system, body control and comfort system, infotainment and
communication system, powertrain system, and others. Among these, ADAS and safety system
accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.

Some of the major players in the global automotive electronic control unit (ECU) market include
Aptiv PLC, Continental AG, DENSO Corporation, Hitachi Ltd., Magna International Inc., Magneti
Marelli S.p.A., Nidec Corporation, NXP Semiconductors N.V., Panasonic Corporation, Pektron Group
Limited, Robert Bosch GmbH, and ZF Friedrichshafen AG.

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