Global Automotive Sensors Market is Projected to Reach US$ 36 Billion By 2023
January 12, 2018 --
Florida, January 12, 2018: The Global Automotive Sensors Market is segmented on the lines of its sensor type, vehicle type, application and regional. Based on sensor type segmentation it covers pressure sensor, temperature sensor, speed sensor, position sensor, o2 sensor, nox sensor, inertial sensor, image sensor, others. Based on vehicle type segmentation it covers passenger car, light commercial vehicle (LCV), heavy commercial vehicle (HCV). Based on application segmentation it covers powertrain, chassis, exhaust, safety & control, body electronics, telematics, others. The Global Automotive Sensors Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
Sensors are used as a piece of recognizing, measuring or recording physical miracles and in like manner responding by transmitting information, beginning changes or influencing system control. Auto sensors are composed bit of vehicle system and is planned to distinguish, transmit, dismember and demonstrate vehicle execution information inside internal and external state of the vehicle.
The Global Automotive Sensors Market is expected to exceed more than US$ 35.90 Billion by 2023 at a CAGR of 6.71% in the given forecast period.
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Auto sensors screen and control the substance, physical and handle changes of the autos. Sensors are used to restrain the fuel use, reduce introduced weight of vehicle and consent to government headings towards the passengerís security and safety. Sensors have an endless use in all kind of bikes to heavy duty Lorries. Presumably the most understood auto utilization of sensors is included in rain sensors, lighting, dashboard, wipers, sunroof, halting, arrange, climate, tilt ready, back end release, backside close, trailer organization, raise passage, unfriendly to theft alert, immobilizer and radio.
The major driving factors of Global Automotive Sensors Market are as follows:
- Growing electrification in the automotive industry
- Strict government regulations
- Expanded motor vehicle production worldwide
- Developing consumer demand for safety and comfort
- Growth in concern over greenhouse gases emissions
The restraining factors of Global Automotive Sensors Market are as follows:
- Expensive product market
- Undeveloped aftermarket
- Absence of uniform fabrication process for mems
This report provides:
1) An overview of the global market for Global Automotive Sensors Market and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for Automotive Sensors Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of global and regional markets on Global Automotive Sensors Market with the reasons given for variations in the growth of the industry in certain regions.
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Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Sensors Market, By Sensor Type
7 Automotive Sensors Market, By Vehicle Type
8 Automotive Sensors Market, By Application
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
11.2 Robert Bosch GmbH
11.3 Continental AG
11.4 Delphi Automotive PLC
11.5 Denso Corporation
11.6 Infineon Technologies AG
11.7 Sensata Technologies, Inc.
11.8 Allegro Microsystems, LLC
11.9 Analog Devices, Inc.
11.10 ELMOS Semiconductor AG
11.11 CTS Corporation
11.12 Autoliv Inc
11.13 NXP Semiconductors N.V.
11.14 TE Connectivity Ltd.
11.15 Stmicroelectronics N.V.
11.16 ZF Friedrichshafen AG
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