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Global Automotive Sensors Market, by Product types (Temperature Sensors, Pressure Sensors, Position Sensors, Oxygen Sensors, NOx Sensors, Speed Sensors, Inertial Sensors, Image Sensors, Other Sensors), by Application (Powertrain, Chassis, Exhaust, Safety

01-04-2021 12:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: i2iresearch.com

Automotive Sensors Market

Automotive Sensors Market

Global Automotive Sensors Market was valued at US$ 24.50 billion in 2019 and is projected to reach US$ 49.28 billion by 2025, at a CAGR of 10.5 % during the forecast period. Rising demand of sensors in electric and hybrid vehicles, increased application of pressure sensor in automotive industry, and significant growth in custom designed automotive electronic devices are some of the prime factors that fuel the market growth. Surge in demand for electric vehicles have been prominently accelerated in the past few years owing to stringent government regulation for harmful gas emission in the environment. Public awareness for safety and security has also driven the market growth prominently in the past few years. For instance, The World Forum for Harmonization of Vehicle Regulations had issued some Global Technical Regulation for enriched vehicle safety that include electronic stability control systems and technical requirements for OBD for road vehicles.

North America and Europe are the leading adaptors of automotive sensors in the world. Rapid technological innovation is driving the market in the region. The market in Asia Pacific grew at a rapid rate due to the presence of several large automobile manufacturers in the region. The introduction of several safety norms, and stricter regulations by countries in the region has led to the growth in demand for automotive sensors in the region.

Deep analysis about Automotive Sensors market status (2016-2019), competition pattern, advantages and disadvantages of products, industry development trends (2019-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to downstream buyers of this industry have been analysed scientifically. This report will help you to establish comprehensive overview of the Automotive Sensors Market.

Report Link
For more details on “Automotive Sensors” Market Report: https://i2iresearch.com/report/global-automotive-sensors-market-2020-market-size-share-growth-trends-forecast-2025/

What this report Offers
This report covers an in-depth analysis of the Automotive Sensors market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.

There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of Automotive Sensors market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.

To avail a copy of the sample of the Automotive Sensors Market Report: https://i2iresearch.com/download-sample/?id=6454

Key Segmentations in this report
Global Automotive Sensors Market, by Players
• Robert Bosch
• Continental AG
• Delphi Automotive
• Denso Corporation
• Infineon Technologies
• Sensata Technologies
• Allegro Microsystems
• Analog Devices
• Elmos Semiconductor
• CTS Corporation

Global Automotive Sensors Market, By Product Types
• Temperature Sensors
• Pressure Sensors
• Position Sensors
• Oxygen Sensors
• NOx Sensors
• Speed Sensors
• Inertial Sensors
• Image Sensors
• Other Sensors

Global Automotive Sensors Market, By Application
• Powertrain
• Chassis
• Exhaust
• Safety & Control
• Body Electronics
• Telematics
• Other

For a detailed table of content of the Automotive Sensors Market Report: https://i2iresearch.com/report/global-automotive-sensors-market-2020-market-size-share-growth-trends-forecast-2025/

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We specialize in providing deep market insights that help our clients in getting an in-depth understanding of how different factors impact their business and the industry that they are in or planning to get into. As a result, we are able to help you always stay ahead of the curve and achieve a sustained revenue growth with healthy bottomline."

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