The Report “Automotive Sensors Market Analysis – By Type (Pressure, Temperature,
Speed, Oxygen, NOx, Position); By Application (Fuel Injection & Emission,
Chassis, Engine, Powertrain, Safety, Telematics); By Vehicle Type - With
Forecast (2015 – 2020)”, published by IndustryARC, the market to reach $17.08 Billion by 2020.
Browse
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
Automotive
Sensors are installed in vehicles to ensure reliability and
safety of the passenger. The most widely used sensors are the position sensors and pressure sensors.
Sensors such as pressure sensors, position sensors, temperature sensors, speed
sensors, MEMS sensors and others majorly find application in powertrain.
Apart from powertrain, the sensors find application in engine, fuel injection
and emission system, chassis, safety & control, vehicle security and a few
others too.
MARKET
TRENDS & GROWTH:
According to IndustryARC Automotive Sensor Market is all set to rise at a CAGR Of 14.97% and might touch $17.08 Billion as Sensors usage increases
in passenger vehicles and buses globally! The Market for Safety & Control Sensors is estimated to grow at a CAGR of 18.08% through the forecast
period, 2015-2020.
Geography
Brief:
Research suggests, America is the leading
region for Automotive Sensors Market.
On the other hand, APAC zone is accounted to have the highest potential for
growth in this industry. Americas and APAC are projected to grow at a CAGR of 12.62% and 17.06% respectively
between 2015 and 2020.
Propellants
and Restraints:
- While pricing issues, high expectations from automotive OEM and no availability of aftermarket are the main challenges of the market, the Global Automotive Sensors Market enjoys a various number of Driving Factors like increase in electronic components in vehicles and worldwide production of such vehicles; technology developments; increased research and development in the sensor industry is creating opportunities. Benefits of Energy Efficiency; Government Mandates and regulations have been acting as a strong driver for the market. Some other encouragements that the market enjoys:
- 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.
- Development of new applications for technologies which utilize nano and micro technology.
REPORT
SCOPE: Market Segmentation:
Automotive
Sensors Market is classified into 5 types based on the
following factors:
- By Type: Pressure Sensors, Temperature Sensors, Level Sensors, Speed Sensors, MEMS Sensors, Oxygen Sensors, Nox 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
Market Players:
For reference, the below mentioned companies
are the top players included in this report by IndustryARC:
- Analog Devices, Inc.
- Delphi Automotive Systems, LLC
- Johnson Controls, Inc.
- Robert Bosch GMBH
- Rockwell Automation Inc.
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About
IndustryARC:
IndustryARC
is a research and consulting firm that publishes more than 500 reports annually
in various industries, such as Agriculture, Automotive, Automation &
Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food
& Beverages, Information Technology, Life sciences & Healthcare.
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