Press release
Automotive Sensors Market 2019 Global Leaders Overview: Sensata Technologies, TRW Automotive, Analog Devices, Avago Technologies, Denso, Infineon Technologies, Vishay Intertechnology
Market Research Future published a research report on “Automotive Sensors Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.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.
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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.
Automotive Sensors Market Global Market - Segmentation
The global automotive sensors market is segmented into sensor type, technology, vehicle types, and region. The sensor type segment is sub-segmented into Pressure Sensors, Temperature Sensors, Speed Sensors, Position Sensors, O2 Sensors, NOx Sensors, Inertial Sensors, Image Sensors and others. The technology segment is sub-segmented into Micro-Electro-Mechanical Systems (MEMS), Nano-Electro-Mechanical Systems (NEMS). The vehicle types segment is sub-segmented into low end, medium end, high end, heavy vehicle, electrical vehicles and others. The market is spanned across regions including North America, Europe, Asia Pacific, and the rest of the world.
The global automotive sensors market is expected to grow at USD ~35 billion by the year 2023 at a CAGR of ~7%.
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.
Automotive Sensors Market Global Market - Regional Analysis
The global automotive sensors market is studied for the Asia Pacific (China, Japan, and India), North America (the U.S., Mexico, and Canada), Europe (the U.K, Germany) and Rest of the World. Asia Pacific with countries such as China, Japan, and India, is one of the leading regions of the world in terms of market share. The automotive sensors market in this region has a huge demand due to the increase in purchasing power of the consumer, and growing population, which is further propelling the market growth to a large extent. The automotive sensors market in North America is expected to witness a rapid growth over the forthcoming period due to infrastructure development which is propelling the market growth of automotive sensors in the forecast years. Whereas, the European countries are emerging automotive sensors markets due to increasing demand for more efficient and safer vehicles and is expected to grow at the highest CAGR over the review 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
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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