Automotive Brake Pedal Position Sensor Market to grow at a CAGR of 9.22% during 2017-2021: Bosch, Continental, HELLA, Infineon Technologies, and TE Connectivity

MarketResearchNest.com adds “Global Automotive Brake Pedal Position Sensor Market 2017-2021” new report to its research database. The report spread across 70 pages with table and figures in it.

Research analysts forecast the global automotive brake pedal position sensor market to grow at a CAGR of 9.22% during the period 2017-2021.

About Automotive Brake Pedal Position Sensor
The automotive brake pedal position sensor is located at the brake pedal and detects the position of the brake pedal and stops and slows down the vehicle. Different types of position sensors are available, and they are used to detect the movement of an object in a straight line or angular movement. The position sensors mentioned below measure linear or angular or both measurements.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive brake pedal position sensor market for 2017-2021. To calculate the market size, the report considers the sales or shipment.

Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-automotive-brake-pedal-position-sensor-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Automotive Brake Pedal Position Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global automotive brake pedal position sensor market: Bosch, Continental, HELLA, Infineon Technologies, and TE Connectivity

Other Prominent Vendors in the market are: AIM Tech, Duralast Products, ACDelco, Gill Sensors & Controls, Pepperl+Fuchs, and Standex-Meder Electronics.

Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Inductive position sensor IC. Inductive position sensors are used to detect the linear and rotary motion in various industries, such as automotive, medical, and consumer applications. The sensor uses the principle of eddy current and induction in a wire loop to sense and detect the target, which slides or rotates, in this case, brake pedal. The current demand to attain high performance in heavy-duty, off-road, and motorsports vehicles is boosting the non-contacting technologies due to less wear and tear. It is also being chosen by the vehicle designers and OEMs.”

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According to the report, one of the major drivers for this market is Reducing fuel consumption at start-stop conditions. With the fluctuating and increasing fuel prices and stringent emission regulations to reduce CO2 emissions, the start-stop system serves as an advanced, cost-effective technology to conserve resources and protect the environment. The start-stop system automatically stops the engine when the vehicle is at halt or decelerating at low speeds. The system reduces the emissions and fuel consumption during driving by 4% to 10% or even more. For example, when the vehicle is at a traffic signal or in a traffic jam or decelerating, the system stops the engine. The engine restarts again when the driver wants to move.

Further, the report states that one of the major factors hindering the growth of this market is Stray field interference in magnetic position sensor ICs. The magnetic position sensor is gaining popularity in the automotive market owing to its ability to stay unaffected by dirt, dust, grease, vibration, and humidity factors. However, conventional magnetic position sensors are posing a challenge due to interference from stray magnetic fields. The stray field, also called the demagnetizing field, is the magnetic field outside, which is caused due to magnetization in a magnet. The total magnetic field is the sum of both the demagnetizing fields of the magnet and the magnetic field created by any free current or displacement currents. The stray field reduces the total magnetic moment.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

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