Posted in | News | Automotive Sensors

Automotive Sensor Market to Grow at CAGR of 8.6%

According to a new market research report of "Automotive Sensor Market by Product (Pressure, temperature, level, speed, MEMS, oxygen, Nox), Application (powertrain, safety & control, vehicle security, alternative fuel, telematics) and Geography - Forecast & Analysis to 2013 - 2022", published by MarketsandMarkets, is expected to grow at a CAGR of 8.6% from 2014 to 2022 and reach $35.78 Billion in 2022.

Browse 94 Tables and 88 Figures spread through 355 Pages combined with an in-depth TOC on "Automotive Sensor Market".

http://www.marketsandmarkets.com/Market-Reports/automotive-sensors-market-426.html

Early buyers will receive 10% customization on this report.

In the present automotive industry, different types of sensors are being used in areas ranging from engine performance, vehicle security to passenger safety and security in order to provide comfortable and convenient vehicle behavior. The demand for sensors is continuously growing in diverse automotive applications such as: safety and control, power train, body electronics, vehicle security system, alternative fuel, telematics and many others evolving and is continuously growing. The Automotive Sensor Market is triggered due to a lot of factors. For automotive sensor market, worldwide vehicle production, technology developments, customer taste and government mandates are acting as a driver where as, pricing issues, high expectations from automotive OEM and no availability of aftermarket are acting as a restraints. The increasing demand of Advance Driver Assistance Systems (ADAS) and hybrid and electric vehicle are the future opportunities for automotive sensors.

The global Automotive Sensor Market by revenue is estimated to reach $35.78 Billion in 2022 at a CAGR of 8.6% from 2014 to 2022.

This report also covers the detailed classification of overall Automotive Sensor Market on the basis of different product types, applications and geographies. Each sub-segment is given with extensive analysis, market size estimates, and revenue forecasts from 2014 to 2022. Detailed value chain analysis and porter's five forces analysis is also given in this report. The major product types mentioned in the report includes, temperature sensors, speed sensors, pressure sensors, oxygen sensor, MEMS sensors, magnetic sensors, inertial sensors, level/position sensors, Nox (Nitrogen Oxide) sensor, and others. The report also includes main application areas of sensors in automotives, namely, powertrain, safety and control, telematics, vehicle security system, alternative fuel, body electronics, and others. Market by geography consists of four major regions, Americas, Europe, Asia-Pacific and Rest of the World. The market is also segmented on the basis of major countries such as the U.S., Canada, the U.K., Germany, Japan, China, India, Australia and many others.

The competitive landscape section of the report provides the key strategies followed by major players and their company profiles. Market share analysis for key industry players with respect to different application and product types of automotive sensors is also given in this section. Some of the leading market players includes: Analog Devices (U.S.), ATI Industrial Automation (U.S.), Denso Corporation (Japan), Robert Bosch Gmbh (Germany), Sensata Technologies (U.S.), Asahi Kasei Corporation (Japan), Free scale Semiconductor (U.S.), Maxim Integrated (U.S.), Infineon Technologies (Germany), Measurement Specialties (U.S.), Tekscan (U.S.), Texas Instruments (U.S.), and GE Measurement and Control Solutions (U.S.), among others. The report also presents a detailed analysis of the overall Automotive Sensor Market with market dynamics (drivers, restraints and opportunities) and market size forecasts in terms of revenues and shipments for detailed sub segments of the market.

Browse Related Reports

Smart / Intelligent Sensor Market by Type (Flow Sensor, Dissolved Oxygen Sensor, Temperature Sensor, Pressure Sensor, Touch Sensor), Technology (MEMS, CMOS), Application (Aerospace, Automotive, Industrial, Building Automation), & by Geography - Forecasts & Analysis to 2013 - 2020

http://www.marketsandmarkets.com/Market-Reports/smart-sensor-market-43119772.html

Sensors Market in Consumer Electronics by Product (Touch, Image, Motion, Temperature, Position, Pressure), Application (Entertainment, I.T., Communication Products, Home Appliances), & Geography (North America, Europe, APAC, ROW) - Worldwide Market Forecasts and Analysis 2013 - 2020

http://www.marketsandmarkets.com/Market-Reports/consumer-electronics-sensors-market-1293.html

Source: http://www.marketsandmarkets.com

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.