Report forecast the global automotive sensors
market to grow at a CAGR of 6.92% during the period 2016-2020.
A sensor is a device that detects changes in its
immediate environment by picking stimulus changes and updates the system
electronically. Sensors are engineered to detect chemical, physical, and
process changes. A sensor sends out electronic signals, which are measured and
recorded, and based on the information a corrective change is executed. There
are many types of automotive sensors, such as pressure sensors, wheel speed
sensors, temperature sensors, fluid-level sensors, and emission sensors, among
others.
The report covers the present scenario and the
growth prospects of the global automotive sensors market for the period
2015-2020. The market has been calculated on the basis of sales revenue. The
report considers automotive sensors at the OEM level and does not include the
aftermarket sales.
The market is divided into the following
segments based on geography:
- Americas
- APAC
- EMEA
According to the report, the automotive industry
has been witnessing growing consumer demand for fuel-efficiency, safety, and
reduced emissions in the interests of promoting a better driving and travel
experience. This is increasing the number of sensors that measure the ambient
conditions within the vehicle for passenger convenience and also ensure driver
comfort. Seat pressure, A/C compressor, night driving lamps, and solar
radiation sensors are some of the sensors that help improve traveling
experience.
Further, the report states that the overall growth
of the automotive sensors market will be affected due to high cost pressure on
OEMs
Global Automotive Sensors Market 2016-2020,
has been prepared based on an in-depth market analysis with inputs from
industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
key players in the Global Automotive Sensors
Market: Bosch GmbH, Continental AG, Delphi Automotive plc, DENSO Corp., and
Sensata Technologies Inc.
Other Prominent Vendors in the market are: Avago
Technologies, Bourns, CTS, Faurecia, GE Measurement & Control Solutions,
Gill Sensors & Controls, Hamamatsu, Hitachi Automotive Systems Americas,
Hyundai KEFICO, Infineon Technologies, Murata, NGK Spark Plug, Panasonic,
Stoneridge, Takata, Tenneco, Valeo, and ZF TRW.
Market driver
- Increasing end-user concerns about vehicle security and occupant and environment safety
- For a full, detailed list, view our report
Market challenge
- High cost pressure on OEMs
- For a full, detailed list, view our report
Market trend
- Autonomous cars becoming a reality to drive the market
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 90 pages and 49 Exhibit “Global
Automotive Sensors Market 2016 - 2020” report covers Executive summary, Scope of the
report, Market research methodology, Introduction, Market landscape, Market
segmentation by area of application, Market segmentation by sensor type, Market
segmentation by vehicle type, Geographical segmentation, Market drivers, Impact
of drivers, Market challenges, Impact of drivers and challenges, Market trends,
Vendor landscape, Key vendor analysis, Appendix.
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more information Visit at: http://mrr.cm/JwR
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