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85 Market Tables, 20 Figures spread through 275 Pages and an in-depth TOC on “Automotive Sensors Market” http://industryarc.com/Report/7364/Automotive-Sensors-Market-Research-Report.html
Application
Brief:
Automobile
or Automotive Sensors are no more limited to one aspect. There are
a wide variety of sensors existing in the market in the current day: pressure sensors, position sensors,
temperature sensors, level sensors and others. All these sensors play an
important role in the automobile industry by helping increase efficiency, safety
and comfort of the travelers.
Automotive
Sensors find itself applied in various automobile components like:
Powertrain Control System, Climate Control, Anti-lock Braking System (ABS),
Electronic Stability Programme (ESP) System, Airbag Restraint System, Power
Steering System, Engine Management System, Camshaft Position Sensor, Crankshaft
Position Sensor and Body Dynamics Control System in order to provide occupants
of vehicles with better comfort, driver safety and security among other related
benefits.
Market
Trends & Growth:
Steer-by-wire
and automated highway driving are the major opportunities
of Automotive Sensors Market. The
increasing demand for automobiles due to the increase in disposable income in
Asia Pacific has been contributing to a huge part of the overall market. Body control system, power steering system,
climate control and ABS are some of the basic features provided by
manufacturers as a standard option in vehicles at present. Moreover, hybrid and
fuel cell vehicles have an exponential use of sensors for hydrogen leak
detection, current monitoring, motor speed and position among others.
Asia
Pacific is one of the most attractive regions for the market of Automotive Sensors. Demand
for luxury vehicles with advanced safety and comfort features are the major
factors fueling demand for automotive
sensors. However, Europe is the
largest market for automotive sensors. The increasing number of government
regulations to monitor driver safety and emission in automobiles is boosting
growth of Automotive Sensors Market further in this region.
Driving
factors:
The
Automotive Sensors Market is expected to grow to soaring heights
in the future and the notable driving factors would be briefed as:
- The electronic components in vehicles are increasing
- Worldwide Vehicle Production
- Technology Developments
- Customer Taste
- Government Mandates
- Development in the field of ’Advance Driver Assistance Systems‘(ADAS) and hybrid and electric vehicle are showing promising the future opportunities
- Low Cost & Compact Size of the sensors is gaining tremendous interest from the customers
- Ecofriendly & Bulk Manufacturing Capability
- Energy Efficiency factor of the automotive sensors is also a driving factor for this market
- Development of new applications for technologies which utilize nano and micro technology
- Increased research and development in the sensor industry is creating opportunities
Market
Restraints:
Pricing issues, high expectations from
automotive OEM and no availability of aftermarket are the main challenges of
the Automotive Sensors Market.
REPORT
SCOPE: Market Segmentation:
Automotive
Sensors Market is segmented into 5 broad types based on the
following factors:
- By Type: Pressure Sensors, Temperature Sensors, Level Sensors, Speed Sensors, Oxygen Sensors, Position Sensors and Others.
- By Working Principle: Capacitive, Inductive, Magnetic, Optical and Others.
- By Application: Alternative Fuel, Powertrain, Telematics, Safety & Control and Others.
- By Vehicle Type: Cars, SUV, MUV, Trucks, 2-wheelers, Buses and Trains.
- By Geography: Americas, Europe, APAC and ROW.
Key
Players:
Major players such as Robert Bosch GmbH and
Tesla Motors, Inc are testing automated highway driving which would help people
drive more safely and conveniently in the future. This market report studies
the top key players on a qualitative and quantitative basis. Few notable
companies mentioned are:
- Delphi Automotive Systems, LLC
- Siemens AG
- Texas Instruments, Inc.
- Rockwell Automation Inc.
- Robert Bosch GMBH
- Sensata Technologies Holding N.V.
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