Press release
GLOBAL AUTOMOBILE PRESSURE SENSORS MARKET IS GROWING AT A CAGR OF 5.27% DURING THE FORECAST PERIOD, THE KEY PLAYERS ARE STMICROELECTRONICS, MELEXIS, NXP SEMICONDUCTORS, ASHCROFT INC., CONTINENTAL AG, ROBERT BOSCH, INFINEON, ANALOG DEVICES
The global market is estimated to grow steadily due to the end user’s growing need for smarter systems, occupant safety, and environment safety and end user's concerns about vehicle security.
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Market Dynamics
Advancements in technology and its rapid adoption in connected devices are some of the factors driving marketgrowth. Other factors includes growing demand from automotive and medical device industries. Data to estimate the growth for the market is obtained via secondary sources like Automation World, Electric Energy Online, IEEE, and newsletters and whitepapers of the leading players in this market.
Sensors are used to measure the ambient conditions within vehicles to improve convenience for users and to provide comfort to customers. Sensors help to improve traveling experience along with the need to provide seat pressure, night driving lamps etc.
Market Segmentation
The market can be segmented on the basis of Technology, Applications, Sensor type and Geography.
Segmentation on the basis of technology
Piezoresistive
Capacitive Ceramic Module
Piezoresistivepolysilicon-on steel sensors
Capacitive Touch-Mode
Segmentation by Application
Powertrain and engine control
Chassis control
Analysts have estimated the powertrain and engine control segment will hold the largest share (71%) by 2020. These sensors have the ability to detect changes in pressure, temperature, vibration, mass flow, volume flow rate, torque, valve position, and rotational motion which has resulted in the utilization during the predicted period.
Segmentation by Geography:
North America
Asia Pacific
Middle East & Africa
Latin America
Europe
The Asia Pacific region is expected to be the largest segment in terms of geography. Emerging countries like China and India have shown growth potential which has increased the demands of car in this region.
Segmentation by Sensor Type:
Process sensors
Rotational motion sensors
Position sensors
The process sensors segment accounted for more than 27% of the total market share in 2015. It is estimated to hold over the market until the end of the forecast period. These sensors help to monitor temperature and pressure. These are used across all application areas in a vehicle.
Key Players
The key players in the industry are STMicroelectronics, Melexis, NXP Semiconductors, Ashcroft Inc., Continental AG, Robert Bosch, Infineon, Analog Devices and among others.
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Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc.), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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