Press release
Automotive Position Sensors Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2022
Market HighlightsThe changing focus of the Automotive Industry to technological trends such as autonomous driving, connectivity and electrification is expected to boost the demand in the Automotive Position Sensors market. Increasing integration of position sensors in vehicles portray a positive outlook of continuous growth in the Automotive Position Sensor Market.
Global market for Automotive Position Sensors is expected to grow at a CAGR of about 8% between 2016 and 2022
The growth in the Automotive Industry directly translates into increasing demand in the Automotive Position Sensor market. Recent trends in the automotive industry with rapid technological development and revolutionized automotive industry through automation and digitization is going to provide ample opportunities for growth and development.
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Key Players
Some of the key players in the Automotive Position sensor market are
• Analog Devices Inc,
• Avago Technologies,
• Bosch Sensortec GMBH,
• Bourns Inc,
• Continental Corporation,
• CTS Corporation,
• Delphi Automotive,
• Denso Corporation,
• GE Measurement & Control Solutions,
• Gill Sensor& Control,
• Hella KGAA,
• Infineon Technologies,
• NXP Semiconductors,
• Sensata Technoliges,
• TRW Automotive INC,
• Stoneridge INC.
High End Segment held the major share within the Global Automotive Position Sensors Market
The changing focus of the Automotive Industry to technological trends such as autonomous driving, connectivity and electrification is expected to boost the demand in the Automotive Position Sensors market. Increasing integration of position sensors in vehicles portray a positive outlook of continuous growth in the Automotive Position Sensor market. Stringent Government regulations regarding automobile safety and increasing global car production at a rate of 4% have also significantly contributed to the growth of this market.
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North America and Europe regions dominated the Automotive Position Sensors Market in 2015
Europe and North America has been the leading regions for the Automotive Position Sensor market mainly due to the existence of various major players in this region. With rapid technological development the Position sensor market in this region is expected to show high growth. Asia-Pacific is another region which is showing high potential mainly due to the increase in the number of passenger vehicles in this region.
Table of Content
Report Prologue
Introduction
Definition
Scope Of The Study
Research Objective
Assumptions
Limitations
Market Structure
Market Segmentation
Research Methodology
Research Process
Primary Research
Secondary Research
Market Size Estimation
Forecast Model
Market Dynamics
Drivers & Oppurtunities
Challenges & Restraints
Value Chain Analysis
Porter’s Five Forces Analysis
Automotive Position Sensors Market, By Type
Continue………..
List of Tables
Table 1 Global Automotive Position Sensors Market Snapshot (2015and 2020)
Table 2 Drivers For The Market
Table 3 Restraints For The Market
Table 4 Global Automotive Position Sensors Market, By Type
Table 5 Chasis Market, By Region
Continue………..
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