Automotive MEMS Sensors Market 2019 | Industry Players: Denso Corporation, Hitachi Automotive Systems, Infineon Technologies, Bosch, Texas Instruments

MEMS sensor market for automotive could be used in a number of applications, such as tire pressure monitoring systems, oil pressure sensing, pedestrian protection, and in exhaust gas recirculation. The market serves a vast variety of industry verticals, ranging from very small consumer electronic devices to very large automotive manufacturers. MEMS sensor market for automotive provide various advantages of high efficiency, small size, and low cost.

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Key Developments in the Market
March 2017: Analog Devices completed acquisition of linear technology.

Major Players:
DENSO CORPORATION, HITACHI AUTOMOTIVE SYSTEMS, INFINEON TECHNOLOGIES, BOSCH, TEXAS INSTRUMENTS, SENSATA TECHNOLOGIES, DELPHI AUTOMOTIVE, NXP, MELEXIS, ALLEGRO, amongst others.

Reasons to Purchase this Report
• The report analyses how the shift towards electric vehicle will drive the global automotive MEMS sensors market
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The product type that is expected to dominate the market
• The regions that are expected to witness fastest growth during the forecast period.
• Identifying the latest developments, market shares, and strategies employed by the major market players
• 3 month analyst support, along with the Market Estimate sheet (in Excel)

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Market Dynamics
The increasing demand for safety & security in the automobiles is the main factor, which is playing a vital role for the growth of this market. According to the World Health Organization (U.S.), more than 1.25 million people are killed in road accidents every year, and about 50 million people get injured. The automotive MEMS sensors play an important role in providing safety to the vehicles, which would act as a catalyst for the growth of this market. The two big trends for vehicles currently are electrification and automation. There is rapid integration of high value sensing modules, like RADAR, imaging, and LIDAR in automotive systems. As a result, the average growth rate in MEMS sensors sales volume is expected to be significant during the forecast period.

The advent of electrical vehicles will greatly change the amount and the distribution of pressure, and magnetic sensors within the car in the longer term. More electric cars will mean fewer pressure sensors and a surge in magnetic sensors for battery monitoring, and various positioning and detection of moving pieces.

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