Automotive Sensors Market 2018 Global Leaders: TRW Automotive, Avago Technologies, Bosch Sensortech GmBH, Delphi Automotive LLP, Denso, Infineon Technologies, Micronas Semiconductor, GE Measurement & Control Solutions

Market Research Future published a research report on “Global Automotive Sensors Market Research Report - Forecast 2011 To 2021” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2021.

Automotive Sensors Market Global Market - Overview

A sensor is a mechanical device which detects and responds to various types of inputs from the physical environment. In automotive there are several crucial areas where sensors play very vital role. Various types of automotive sensors such as pressure, temperature, motion, and position sensors are deployed at various stages in any vehicle are responds at different stages when they detect any inputs. Today sensors have become very important component of any industry due to the wide range of benefits and services it offers. Sensors are making the products more safe and secure and also provides full operational details. In automotive sensors are deployed at various areas such as chassis, power train, and body system which helps the user to gain access to the operational efficiency and the respective areas making the vehicle more safe and secure for the driver. Also, emerging concepts of platooning and autonomous driving is also driving the market of automotive sensors.

Autonomous vehicles are highly integrated with sensors and other technologies such as Lidar and Radars. Technological advancement and heavy investment in the industry by the key players and increasing number of start-ups in the field is also creating huge demand for the automotive sensors.

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Industry News

April 13, 2018 – Lidar which is one of the newest entrants in this market has ensured the market of the fact that it can mass produce a large number of automotive sensors at an effective price. This development is supposed to work in the favor of the market as the price is a major concern for the market as of right now.

Key Players

The key players profiled and analyzed in this market research report are Analog Devices Inc., Avago Technologies, Bosch Sensortech GmBH, Bourns Inc., Delphi Automotive LLP, Denso Corporation, GE Measurement & Control Solutions, Infineon Technologies, Micronas Semiconductor Inc., Panasonic Corporation, Sensata Technologies, TRW Automotive Inc., and Vishay Intertechnology.

In-depth Segmental Analysis

The worldwide market for automotive sensors has been segmented into three equal divisions. All of these have particular sub-segments and they have been enlisted below:

• Vehicle types – Heavy vehicle, low end, medium end, electrical vehicles, passenger car and high end vehicles. Passenger cars amount for the maximum number of shares with approximately 76%. Augmentation of infrastructure in countries across the globe, rise in the purchasing power of consumers and need for secure vehicles help this division in domination.

• Sensor Types – Temperature sensors, NOx sensors, pressure sensors, image sensors, position sensors, O2 sensors, inertial sensors and speed sensors. Position sensors account for the largest market share in regards to this segment. The increased production of cars can be held responsible for the growth of this market.

• By technology – Nano-Electro-Mechanical-Systems and Micro-Electro-Mechanical-Systems.

Comprehensive Regional Analysis

The automotive sensors market has a made a reputation for it across the globe over the years. The major regions where its presence can be predominantly felt are North America, Europe, Asia Pacific and Rest of the World.

The research report by Market Research Future states that Asia Pacific governs the market region-wise. It is because of the presence of countries like Japan, China and India. Population explosion, rise in annual income of the consumers, and infrastructure development tend to boost the expansion of the market in these regions.

Europe comes second in line after APAC, the development in this area is majorly driven by the higher demand for proficient and safe vehicles. It is anticipated that the European market will tread forward at an impressive CAGR during the projection period.

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Intended Audience

• Automotive sensors companies
• Automotive sensors providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators

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