Automotive Sensor Market Research Report - Global Forecast To 2027

Automotive Sensors Market Research Report: Information By Sensors Type (Pressure, Temperature, Position, Motion, Optical, Torque, Gas, Level and other Sensors), Technology (Micro-Electro-Mechanical Systems (MEMS), Non-Electro-Mechanical Systems (NON-MEMS) and Nano-Electro-Mechanical Systems (NEMS)), Vehicle Type (Conventional Fuel Cars, Alternative Fuel Car and Heavy Vehicles) - Forecast till 2027

ID: MRFR/AM/0305-CR | February 2020 | Region: Global | 88 Pages         

1 Report Scope

1.1 Report Coverage 27

1.2 Research Methodology 27

1.3 Research Methodology For Global Market Study 29

1.3.1 Geographical Analysis 29

1.3.2 Demand Side & Supply Side Analysis 30

1.3.3 Data Synthesis & Bridging 30

1.3.4 Automotive Market Estimation – A Snapshot 30

1.4 Report Description 33

2 Executive Summary

3 Market Dynamics

3.1 DRIVERS 39

3.1.1 Increasing Consumer Demand For Safety, Security, Comfort, And Efficiency 39

3.1.2 Stringent Government Regulations 40

3.1.3 Rising Demand For High And Medium End Vehicles 41

3.1.4 Expansion Of Global Auto-Manufacturers Into New Emerging Markets 41

3.1.5 Rising Sensor Content In An Automobile As Per Moore’s Law 42

3.2 CHALLENGES 43

3.2.1 Increasing Pricing Pressures 43

3.2.2 Underdeveloped Aftermarket Services 44

3.3 OPPORTUNITIES 45

3.3.1 Electromobility 45

3.3.2 Future Demand For Autonomous Cars And Connected Vehicles 46

3.3.3 Emerging Technologies Such As Combo Sensors: 47

4 INdustry Analysis

4.1 Porter’s Five Forces Analysis 48

4.1.1 Threat From New Entrants 49

4.1.2 Bargaining Power Of Buyers 50

4.1.3 Bargaining Power Of Suppliers 51

4.1.4 Threat From Substitutes 52

4.1.5 Intensity Of Competitive Rivalry 53

4.2 Automotive Consortium 54

4.2.1 Center For Automotive Research (Car) Industrial Consortium 54

4.2.2 Genivi Alliance 56

4.2.3 Japan Automobile Manufacturers Association (JAMA) 57

4.2.4 Open Automotive Alliance 57

4.2.5 Alliance Of Automobile Manufacturers 58

4.2.6 United States Council For Automotive Research (USCAR) 59

5 Automotive Market By Sensor Type

5.1 Introduction 61

5.1.1 Market Statistics 62

5.2 Pressure Sensor 66

5.2.1 Pressure Sensor Types—Chassis 67

5.2.2 Pressure Sensor Types—Power Train 68

5.2.3 Pressure Sensor Types—Body Systems 69

5.2.4 Key Trends 70

5.2.5 Key Challenges 71

5.2.6 Key Market Players 71

5.2.7 Market Statistics 71

5.3 Temperature Sensor 73

5.3.1 Temperature Sensor In Chassis 74

5.3.2 Temperature Sensor In Power Train 74

5.3.3 Temperature Sensor In Body System 76

5.3.4 Key Market Players 77

5.3.5 Market Statistics 77

5.4 Position Sensor 79

5.4.1 Position Sensor In Chassis 80

5.4.2 Position Sensor In Power Train 81

5.4.3 Position Sensor In Body System 82

5.4.4 Key Trends 83

5.4.5 Key Market Players 83

5.4.6 Market Statistics 84

5.5 Motion Sensor 86

5.5.1 Motion Sensor In Chassis 87

5.5.2 Motion Sensor In Power Train 87

5.5.3 Motion Sensor In Body System 88

5.5.4 Key Trends 89

5.5.5 Key Challenges 90

5.5.6 Key Market Players 91

5.5.7 Market Statistics 91

5.6 Optical Sensor 94

5.6.1 Optical Sensor In Chassis 94

5.6.2 Optical Sensor In Power Train 95

5.6.3 Optical Sensor In Body System 95

5.6.4 Key Trends 100

5.6.5 Key Challenges 101

5.6.6 Key Market Players 102

5.6.7 Market Statistics 102

5.7 Torque Sensor 104

5.7.1 Torque Sensor Types—Chassis 104

5.7.2 Torque Sensor Types—Power Train 105

5.7.3 Key Trends 106

5.7.4 Key Market Players 107

5.7.5 Market Statistics 107

5.8 Gas Sensor 109

5.8.1 Gas Sensor In Power Train 109

5.8.2 Key Trends 110

5.8.3 Key Market Players 111

5.8.4 Market Statistics 112

5.9 Level Sensor 113

5.9.1 Level Sensor Types—Power Train 114

5.9.2 Market Statistics 114

5.10 Other Sensors 115

5.10.1 Electric Current Sensor 115

5.10.2 Mass Air Flow Sensors 116

5.10.3 Market Statistics 116

6 Automotive Sensor Market By Technology

6.1 Introduction 118

6.1.1 Micro-Electro-Mechanical Systems (MEMS) 119

6.1.1.1 MEMS Based Sensors And Automotive Applications 119

6.1.1.1.1 Fuel Injector Pressure Sensor 120

6.1.1.1.2 Tire Pressure Sensor 120

6.1.1.1.3 Airbag Sensor 120

6.1.1.1.4 Roll Over Detection Sensor 121

6.1.1.1.5 Vehicle Dynamic Control (VDC) Sensor 121

6.1.1.1.6 Throttle Position Sensor 121

6.1.1.2 Emerging Automotive Applications For MEMS Based Sensors 121

6.1.1.2.1 Vehicle Security Systems 121

6.1.1.2.2 Infotainment 122

6.1.1.2.3 Black Box For Vehicles 122

6.1.1.2.4 Vehicle Tracking And Telematics 122

6.1.1.3 Market Trends And Developments 122

6.1.2 Non-Electro-Mechanical Systems (Non-Mems) 125

6.1.2.1 Non-MEMS Based Technology, Sensors And Automotive Applications 125

6.1.2.1.1 Magnetic Hall-Effect Technology 125

6.1.2.1.2 Emission Control Technology 125

6.1.2.1.3 Battery Sensor Technology In Start/Stop Vehicle 126

6.1.2.1.4 Battery Sensor Technology In Start/Stop Vehicle 126

6.1.2.1.5 Optical Sensor Technology 127

6.1.2.1.6 Others 127

6.1.2.2 Market Trends And Developments 128

6.1.3 Nano-Electro-Mechanical Systems (NEMS) 129

6.1.3.1 Market Trends 130

7 Automotive Sensor By Vehicle Type

7.1 Introduction 131

7.2 Conventional Fuel Cars 132

7.2.1 Sensors In Chassis By Conventional Fuel Vehicle Type 133

7.2.1.1 Market Statistics 135

7.2.2 Sensors In Power Train By Conventional Fuel Vehicle Type 136

7.2.2.1 Market Statistics 140

7.2.3 Sensors In Body System By Conventional Fuel Vehicle Type 141

7.2.3.1 Market Statistics 143

7.3 Alternative Fuel Car 145

7.3.1 Sensors In Chassis By Alternative Fuel Vehicle Type 146

7.3.1.1 Market Statistics 147

7.3.2 Sensors In Power Train By Alternative Fuel Vehicle Type 148

7.3.2.1 Market Statistics 149

7.3.3 Sensors In Body System By Alternative Fuel Vehicle Type 150

7.3.3.1 Market Statistics 151

7.4 Heavy Vehicles 152

7.4.1 Market Statistics 153

7.4.2 Sensor In Trucks 153

7.4.3 Sensors In Off-Road Vehicle 154

8 Global Automotive Sensor Market By Geography

8.1 Introduction 155

8.1.1 Market Statistics 157

8.2 America 158

8.2.1 Market Statistics 159

8.2.2 US. 159

8.2.2.1 Key Market Players 161

8.2.2.2 Market Statistics 162

8.2.3 Mexico 162

8.2.3.1 Market Statistics 163

8.3 Asia-Pacific (APAC) 163

8.3.1 Market Statistics 164

8.3.2 Japan 165

8.3.2.1 Key Players 166

8.3.2.2 Market Statistics 167

8.3.3 China 167

8.3.3.1 Key Players 169

8.3.3.2 Market Statistics 170

8.3.4 India 170

8.3.4.1 Key Players 171

8.3.4.2 Market Statistics 171

8.3.5 South Korea 172

8.3.5.1 Key Players 173

8.3.5.2 Market Statistics 173

8.4 Europe 174

8.4.1 Market Statistics 174

8.4.2 Germany 175

8.4.2.1 Key Market Players 176

8.4.2.2 Market Statistics 176

8.4.3 UK. 177

8.4.3.1 Key Market Players 177

8.4.3.2 Market Statistics 178

8.5 Rest Of The World 179

8.5.1 Market Statistics 179

8.5.2 Africa 180

8.5.2.1 Key Market Players 180

8.5.2.2 Market Statistics 180

9 Automotive Sensor Market: Key Developments & Strategies (2012–2015)

9.1 Introduction 182

9.2 Mergers & Acquisitions 182

9.3 New Product Launch/ Development 184

9.4 Partnership, Collaboration & Joint Venture 185

9.5 Others (Awards, Recognitions, Events) 186

10 Company Profiles

10.1 Analog Devices Inc. 188

10.1.1 Company Overview 188

10.1.2 Product Portfolio 189

10.1.3 Financials 190

10.1.3.1 Overall Financials 190

10.1.3.2 Financials By Segment 191

10.1.3.3 Financials By Region 192

10.1.3.4 Financials By Product 193

10.1.4 Key Developments 194

10.2 AVAgo Technologies 195

10.2.1 Company Overview 195

10.2.2 Product Portfolio 196

10.2.3 Financials 197

10.2.3.1 Overall Financials 197

10.2.3.2 Financials By Region 198

10.2.3.3 Financials By Segment 199

10.2.4 Key Developments 200

10.2.5 Analyst Insight 201

10.3 Bosch Sensortec GmbH 202

10.3.1 Company Overview 202

10.3.2 Product Portfolio 202

10.3.3 Financials 204

10.3.3.1 Overall Financials 204

10.3.3.2 Financials By Segment 205

10.3.3.3 Financials By Region 206

10.3.4 Key Developments 207

10.3.5 Analyst Insight 207

10.4 Bourns INC. 208

10.4.1 Company Overview 208

10.4.2 Product Portfolio 208

10.4.3 Key Developments 209

10.4.4 Analyst Insight 211

10.5 Continental Corporation 212

10.5.1 Company Overview 212

10.5.2 Product Portfolio 212

10.5.3 Financials 213

10.5.3.1 Overall Financials 213

10.5.3.2 Financials By Segment 215

10.5.3.3 Financials By Region 216

10.5.4 Key Developments 217

10.6 CTS Corporation 219

10.6.1 COMPANY OVERVIEW 219

10.6.2 Product Portfolio 219

10.6.3 Financials 221

10.6.3.1 Overall Financials 221

10.6.3.2 Financials By Business Segment 222

10.6.3.3 Financials By Region 223

10.6.4 Key Developments 223

10.6.5 Analyst Insight 224

10.7 Delphi Automotive LLP 225

10.7.1 Company Overview 225

10.7.2 Product Portfolio 225

10.7.3 Financials 227

10.7.3.1 Overall Financials 227

10.7.3.2 Financials By Segments 228

10.7.3.3 Financials By Region 229

10.7.4 Key Developments 229

10.7.5 Analyst Insight 231

10.8 Denso Corporation 232

10.8.1 Company Overview 232

10.8.2 Product Portfolio 232

10.8.3 Financials 234

10.8.3.1 Overall Financials 234

10.8.3.2 Financials By Segments 235

10.8.3.3 Financials By Region 236

10.8.4 Key Developments 236

10.8.5 Analyst Insight 238

10.9 FREESCALE Semiconductor Holdings Ltd 239

10.9.1 Company Overview 239

10.9.2 Product Portfolio 240

10.9.3 Financials 241

10.9.3.1 Overall Financials 241

10.9.3.2 Financials By Segment 242

10.9.3.3 Financials By Region 243

10.9.4 Key Developments 243

10.10 GE Measurement & Control Solutions 245

10.10.1 Company Overview 245

10.10.2 Product Portfolio 245

10.10.3 Financials 247

10.10.3.1 Overall Financials 247

10.10.3.2 Financials By Segment 248

10.10.3.3 Financials By Region 249

10.10.4 Key Developments 249

10.10.5 Analyst Insight 250

10.11 Gill Sensors & Controls 251

10.11.1 Company Overview 251

10.11.2 Product Portfolio 251

10.11.3 Key Developments 253

10.12 Hella KGaA Hueck & Co. 254

10.12.1 Company Overview 254

10.12.2 Product Portfolio 254

10.12.3 Financials 256

10.12.3.1 Overall Financials 256

10.12.3.2 Financials By Segments 257

10.12.3.3 Financials By Region 258

10.12.4 Key Developments 259

10.12.5 Analyst Insight 260

10.13 Infineon Technologies Summary 261

10.13.1 Company Overview 261

10.13.2 Product Portfolio 262

10.13.3 Financials 263

10.13.3.1 Overall Financials 263

10.13.3.2 Financials By Segment 264

10.13.3.3 Financials By Region 266

10.13.4 Key Developments 267

10.13.5 Analyst Insight 268

10.14 Melexis Microelectronic Integrated Systems 269

10.14.1 Melexis Microelectronic Integrated Systems Summary 269

10.14.2 Product Portfolio 270

10.14.2.1 Products By Category 270

10.14.2.2 Products By Application 271

10.14.3 Financials 272

10.14.3.1 Overall Financials 272

10.14.3.2 Financials By Segment 273

10.14.3.3 Financials By Region 274

10.14.4 Key Developments 275

10.15 Micronas Semiconductor INC. 276

10.15.1 Company Overview 276

10.15.2 Product Portfolio 276

10.15.3 Financials 278

10.15.3.1 Overall Financials 278

10.15.4 Financials By Segment 279

10.15.4.1 Financials By Region 280

10.15.5 Key Developments 280

10.16 Murata Manufacturing Co. Ltd. 282

10.16.1 Overview 282

10.16.2 Product Portfolio 283

10.16.3 Financials 284

10.16.3.1 Overall Financials 284

10.16.3.2 Financials By Segment 285

10.16.3.3 Financials By Region 286

10.16.4 Key Developments 287

10.16.5 Analyst Insight 288

10.17 NGK Spark Plugs Co. Ltd. Summary 289

10.17.1 Overview 289

10.17.2 Product Portfolio 289

10.17.3 Financials 291

10.17.3.1 Overall Financials 291

10.17.3.2 Financials By Segments 292

10.17.3.3 Financials By Region 293

10.17.4 Key Developments 293

10.17.5 Analyst Insight 294

10.18 NXP Semiconductors 295

10.18.1 Overview 295

10.18.2 Product Portfolio 295

10.18.3 Financials 297

10.18.3.1 Overall Financials 297

10.18.3.2 Financials By Segment 298

10.18.3.3 Financials By Region 299

10.18.4 Key Developments 300

10.19 PANASONIC CORPORATION Summary 301

10.19.1 Product Portfolio 302

10.19.2 Financials 303

10.19.2.1 Overall Financials 303

10.19.2.2 Financials By Segment 304

10.19.2.3 Financials By Region 305

10.19.3 Key Developments 306

10.19.4 SWOT Analysis 307

10.20 Sensata Technologies Summary 308

10.20.1 Product Portfolio 308

10.20.2 Financials 310

10.20.2.1 Overall Financials 310

10.20.2.2 Financials BY Segments 311

10.20.2.3 Financials BY Region 312

10.20.3 Key Developments 313

10.20.4 Analyst Insight 313

10.21 Stoneridge Inc. Summary 314

10.21.1 Product Portfolio 314

10.21.2 Financials 316

10.21.2.1 Overall Financials 316

10.21.2.2 Financials By Segments 317

10.21.2.3 Financials By Region 318

10.21.3 Key Developments 319

10.21.4 Analyst Insight 319

10.22 Takata Corporation Summary 320

10.22.1 Product Portfolio 320

10.22.2 Financials 322

10.22.2.1 Overall Financials 322

10.22.2.2 Financials By Segments 323

10.22.2.3 Financials By Region 324

10.22.3 Key Developments 325

10.22.4 Analyst Insight 326

10.23 TRW Automotive , Inc. Summary 326

10.23.1 Product Portfolio 327

10.23.2 Financials 329

10.23.2.1 Overall Financials 329

10.23.2.2 Financials By Segments 330

10.23.2.3 Financials By Region 331

10.23.3 Key Developments 332

10.23.4 Analyst Insight 333

10.24 Vishay Intertechnology Summary 334

10.24.1 Product Portfolio 334

10.24.2 Financials 336

10.24.2.1 Overall Financials 336

10.24.2.2 Financials By Segment 337

10.24.2.3 Financials By Region 338

10.24.3 Key Developments 339

10.24.4 Analyst Insight 340

11 List Of Tables

TABLE 1 SEMICONDUCTOR CONTENT IN ONE CAR ($) 32

TABLE 2 MARKET SHARE FOR TOP AUTOMOTIVE SENSOR PLAYERS TILL Q1 2018 37

TABLE 3 AVERAGE NUMBER OF SENSORS IN PASSENGER CARS BY VEHICLE TYPE IN DEVELOPED COUNTRIES 62

TABLE 4 AVERAGE NUMBER OF SENSORS IN PASSENGER CARS BY VEHICLE TYPE IN DEVELOPING COUNTRIES 63

TABLE 5 GLOBAL MARKET VOLUME FOR AUTOMOTIVE SENSORS IN PASSENGER CARS (MILLION UNITS), 2017–2025 64

TABLE 6 GLOBAL MARKET VALUE FOR AUTOMOTIVE SENSORS IN PASSENGER CARS ($ MILLION), 2017–2025 65

TABLE 7 KEY TRENDS OF PRESSURE SENSOR BODY SYSTEM 70

TABLE 8 GLOBAL MARKET VOLUME FOR AUTOMOTIVE PRESSURE SENSORS IN PASSENGER CARS (MILLION UNITS), 2017–2025 72

TABLE 9 GLOBAL MARKET VALUE FOR AUTOMOTIVE PRESSURE SENSORS IN PASSENGER CARS ($MILLION), 2017–2025 73

TABLE 10 GLOBAL MARKET VOLUME FOR AUTOMOTIVE TEMPERATURE SENSORS IN PASSENGER CARS (MILLION UNITS), 2017–2025 78

TABLE 11 GLOBAL MARKET VALUE FOR AUTOMOTIVE TEMPERATURE SENSORS ($ MILLION), 2017–2025 79

TABLE 12 KEY TRENDS OF BODY SYSTEM POSITION SENSOR 83

TABLE 13 GLOBAL MARKET VOLUME FOR AUTOMOTIVE POSITION SENSORS IN PASSENGER CARS (MILLION UNITS), 2017–2025 85

TABLE 14 GLOBAL MARKET VALUE FOR AUTOMOTIVE POSITION SENSORS IN PASSENGER CARS ($MILLION), 2017–2025 86

TABLE 15 KEY TRENDS OF MOTION SENSOR IN BODY SYSTEM 89

TABLE 16 GLOBAL MARKET VOLUME FOR AUTOMOTIVE MOTION SENSORS IN PASSENGER CARS (MILLION UNITS), 2017–2025 92

TABLE 17 GLOBAL MARKET VALUE FOR AUTOMOTIVE MOTION SENSORS IN PASSENGER CARS ($MILLION), 2017–2025 93

TABLE 18 KEY TRENDS OF OPTICAL SENSOR MARKET 100

TABLE 19 GLOBAL MARKET VOLUME FOR AUTOMOTIVE OPTICAL SENSORS IN PASSENGER CARS (MILLION UNITS), 2017–2025 103

TABLE 20 GLOBAL MARKET VALUE FOR AUTOMOTIVE OPTICAL SENSORS IN PASSENGER CARS ($MILLION), 2017–2025 104

TABLE 21 KEY TRENDS IN TORQUE SENSOR MARKET 106

TABLE 22 GLOBAL MARKET VOLUME FOR AUTOMOTIVE TORQUE SENSORS IN PASSENGER CARS(MILLION UNITS), 2017–2025 108

TABLE 23 GLOBAL MARKET VALUE FOR AUTOMOTIVE TORQUE SENSORS IN PASSENGER CARS($MILLION), 2017–2025 109

TABLE 24 KEY TRENDS IN POWER TRAIN GAS SENSORS 111

TABLE 25 GLOBAL MARKET VOLUME FOR AUTOMOTIVE GAS SENSORS IN PASSENGER CARS (MILLION UNITS), 2017–2025 112

TABLE 26 GLOBAL MARKET VALUE FOR AUTOMOTIVE GAS SENSORS IN PASSENGER CARS ($MILLION), 2017–2025 113

TABLE 27 GLOBAL MARKET VOLUME FOR AUTOMOTIVE LEVEL SENSORS IN PASSENGER CARS(MILLION UNITS), 2017–2025 114

TABLE 28 GLOBAL MARKET VALUE FOR AUTOMOTIVE LEVEL SENSORS IN PASSENGER CARS ($MILLION), 2017–2025 115

TABLE 29 GLOBAL MARKET VOLUME FOR AUTOMOTIVE OTHER SENSORS IN PASSENGER CARS (MILLION UNITS), 2017–2025 116

TABLE 30 GLOBAL MARKET VALUE FOR AUTOMOTIVE OTHER SENSORS IN PASSENGER CARS($MILLION), 2017–2025 117

TABLE 31 KEY DEVELOPMENTS IN AUTOMOTIVE MEMS SENSOR MARKET 124

TABLE 32 KEY DEVELOPMENTS IN AUTOMOTIVE MEMS SENSOR MARKET 128

TABLE 33 AVERAGE NUMBER OF SENSORS IN CHASSIS FOR CONVENTIONAL VEHICLES IN DEVELOPED REGIONS 133

TABLE 34 AVERAGE NUMBER OF SENSORS IN CHASSIS FOR CONVENTIONAL VEHICLES IN DEVELOPING REGIONS 134

TABLE 35 GLOBAL MARKET VOLUME OF SENSORS IN CHASSIS OF CONVENTIONAL FUEL CARS (MILLION UNITS), 2017–2025 135

TABLE 36 GLOBAL MARKET VALUE OF SENSORS IN CHASSIS OF CONVENTIONAL FUEL CARS ($ MILLION), 2017–2025 136

TABLE 37 AVERAGE NUMBER OF SENSORS IN POWER TRAIN FOR CONVENTIONAL VEHICLES IN DEVELOPED REGIONS 138

TABLE 38 AVERAGE NUMBER OF SENSORS IN POWER TRAIN FOR CONVENTIONAL VEHICLES IN DEVELOPING REGIONS 139

TABLE 39 GLOBAL MARKET VOLUME OF SENSORS IN POWER TRAIN OF CONVENTIONAL FUEL CARS (MILLION UNITS) 140

TABLE 40 GLOBAL MARKET VALUE OF SENSORS IN POWER SYSTEM OF CONVENTIONAL FUEL CARS ($ MILLION), 2017–2025 140

TABLE 41 AVERAGE NUMBER OF SENSORS IN BODY SYSTEM FOR CONVENTIONAL VEHICLES IN DEVELOPED REGIONS 142

TABLE 42 AVERAGE NUMBER OF SENSORS IN BODY SYSTEM FOR CONVENTIONAL VEHICLES IN DEVELOPING REGIONS 142

TABLE 43 GLOBAL MARKET VOLUME OF SENSORS IN BODY SYSTEM OF CONVENTIONAL FUEL CARS (MILLION UNITS), 2017–2025 143

TABLE 44 GLOBAL MARKET VALUE OF SENSORS IN BODY SYSTEM OF CONVENTIONAL FUEL CARS ($ MILLION), 2017–2025 144

TABLE 45 AVERAGE NUMBER OF SENSORS IN CHASSIS OF ALTERNATIVE FUEL VEHICLES BY REGION TYPE 147

TABLE 46 GLOBAL MARKET VOLUME OF SENSORS IN CHASSIS OF ELECTRIC CARS (MILLION UNITS), 2017–2025 147

TABLE 47 GLOBAL MARKET VALUE OF SENSORS IN CHASSIS OF ELECTRIC CARS ($MILLION), 2017–2025 148

TABLE 48 AVERAGE NUMBER OF SENSORS IN POWER TRAIN OF ALTERNATIVE FUEL VEHICLES BY REGION TYPE 149

TABLE 49 GLOBAL MARKET VOLUME OF SENSORS IN POWER TRAIN OF ELECTRIC CARS(MILLION UNITS), 2017–2025 149

TABLE 50 GLOBAL MARKET VALUE OF SENSORS IN POWER TRAIN OF ELECTRIC CARS ($ MILLION), 2017–2025 150

TABLE 51 AVERAGE NUMBER OF SENSORS IN BODY SYSTEM OF ALTERNATIVE FUEL VEHICLES BY REGION TYPE 151

TABLE 52 GLOBAL MARKET VOLUME OF SENSORS IN BODY SYSTEM OF ELECTRIC CARS (MILLION UNITS), 2017–2025 151

TABLE 53 GLOBAL MARKET VALUE OF SENSORS IN BODY SYSTEM OF ELECTRIC CARS ($ MILLION), 2017–2025 152

TABLE 54 GLOBAL MARKET VALUE OF SENSORS IN HEAVY VEHICLES ($MILLION), 2017–2025 153

TABLE 55 GLOBAL AUTOMOTIVE SENSOR MARKET VALUE ($ MILLION) FOR PASSENGER CAR, BY GEOGRAPHY, 2017–2025 157

TABLE 56 GLOBAL AUTOMOTIVE SENSOR MARKET VALUE ($ MILLION) FOR HEAVY VEHICLES, BY GEOGRAPHY, 2017–2025 158

TABLE 57 AMERICA AUTOMOTIVE SENSORS MARKET VALUE FOR PASSENGER CAR ($ MILLION), 2017–2025 159

TABLE 58 THE US AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CARS ($ MILLION), 2017–2025 162

TABLE 59 MEXICO AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CARS($ MILLION), 2017–2025 163

TABLE 60 APAC AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CAR ($ MILLION), 2017–2025 164

TABLE 61 JAPAN AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CAR ($ MILLION), 2017–2025 167

TABLE 62 CHINA AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CAR ($ MILLION), 2017–2025 170

TABLE 63 INDIA AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CAR ($ MILLION), 2017–2025 171

TABLE 64 SOUTH KOREA AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CAR($ MILLION), 2017–2025 173

TABLE 65 EUROPE AUTOMOTIVE SENSOR MARKET VALUE IN PASSENGER CAR ($ MILLION), 2017–2025 174

TABLE 66 GERMANY AUTOMOTIVE SENSOR MARKET VALUE ($ MILLION), 2017–2025 176

TABLE 67 THE UK AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CAR ($ MILLION), 2017–2025 178

TABLE 68 REST OF THE WORLD AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CAR($ MILLION), 2017–2025 179

TABLE 69 AFRICA AUTOMOTIVE SENSOR MARKET VALUE FOR PASSENGER CAR ($ MILLION), 2017–2025 180

12 List Of FIGURES

FIGURE 1 XX RESEARCH METHODOLOGY 28

FIGURE 2 DIFFERENT PHASES OF RESEARCH METHODOLOGY FOR GLOBAL MARKET 29

FIGURE 3 AUTOMOTIVE SEMICONDUCTOR PRODUCT CATEGORIES 31

FIGURE 4 GLOBAL AUTOMOTIVE SENSOR MARKET VALUE ($ MILLION) BY VEHICLE TYPE, 2017–2025 35

FIGURE 5 GLOBAL AUTOMOTIVE SENSOR MARKET VALUE ($ MILLION) BY GEOGRAPHY, 2017–2025 36

FIGURE 6 COMPARING THE MARKET VALUE FOR PASSENGER CARS SENSOR MARKET VALUE, BY SENSOR TYPE (2018 AND 2025) 38

FIGURE 7 PORTER’S FIVE FORCES ANALYSIS FOR THE GLOBAL AUTOMOTIVE INDUSTRY 49

FIGURE 8 BENEFITS CAR PROVIDES TO ITS MEMBERS 55

FIGURE 9 BENEFITS OF GENIVI MEMBERSHIP 56

FIGURE 10 BENEFITS OF OAA MEMBERSHIP 58

FIGURE 11 PRINCIPLES FOLLOWED BY AUTO ALLIANCE 59

FIGURE 12 USCAR MILESTONES 60

FIGURE 13 PRESSURE SENSOR AND AUTOMOTIVE APPLICATIONS 66

FIGURE 14 CHASSIS PRESSURE SENSORS 67

FIGURE 15 POWER TRAINPRESSURE SENSORS 68

FIGURE 16 BODY SYSTEMPRESSURE SENSOR 69

FIGURE 17 PRESSURE SENSOR PERCENTAGE BREAK UP: BY FUNCTIONAL APPLICATION 71

FIGURE 18 KEY APPLICATIONS OF AUTOMOTIVE TEMPERATURE SENSORS 74

FIGURE 19 POWER TRAINTEMPERATURE SENSOR 75

FIGURE 20 BODY SYSTEMTEMPERATURE SENSOR 76

FIGURE 21 TEMPERATURE SENSOR PERCENTAGE BREAK UP: BY FUNCTIONAL APPLICATION 77

FIGURE 22 KEY APPLICATIONS OF AUTOMOTIVE POSITION SENSORS 80

FIGURE 23 CHASSISPOSITION SENSOR 80

FIGURE 24 POWER TRAINPOSITION SENSOR 81

FIGURE 25 BODY SYSTEMPOSITION SENSOR 82

FIGURE 26 POSITION SENSOR PERCENTAGE BREAK UP: BY FUNCTIONAL APPLICATION 84

FIGURE 27 CHASSISMOTION SENSORS 87

FIGURE 28 POWER TRAINMOTION SENSOR 88

FIGURE 29 CHALLENGES FOR MOTION SENSOR BASED AUTOMATION SYSTEM 90

FIGURE 30 MOTION SENSORPERCENTAGE BREAK UP: BY FUNCTIONAL APPLICATION 91

FIGURE 31 KEY APPLICATIONS OF AUTOMOTIVE OPTICAL SENSORS 94

FIGURE 32 CHASSIS OPTICAL SENSORS 95

FIGURE 33 BODY SYSTEMOPTICAL SENSOR 96

FIGURE 34 OPTICAL SENSORS IN A MODERN VEHICLE 99

FIGURE 35 REAL TIME ON-ROAD VISION BASED SYSTEM 101

FIGURE 36 OPTICAL SENSOR PERCENTAGE BREAK UP : BY FUNCTIONAL APPLICATION 102

FIGURE 37 CHASSIS TORQUE SENSOR 105

FIGURE 38 POWER TRAINTORQUE SENSOR 106

FIGURE 39 TORQUE SENSOR PERCENTAGE BREAK UP: BY FUNCTIONAL APPLICATION 107

FIGURE 40 POWER TRAINGAS SENSOR 110

FIGURE 41 AUTOMOTIVE SENSOR BY TECHNOLOGY 118

FIGURE 42 AUTOMOTIVE VEHICLE TYPE 132

FIGURE 43 CHASSIS OF AN ELECTRIC VEHICLE 146

FIGURE 44 GEOGRAPHICAL ANALYSIS BREAKDOWN FOR THE GLOBAL AUTOMOTIVE SENSOR MARKET 156

FIGURE 45 KEY MERGERS & ACQUISITIONS: 183

FIGURE 46 KEY PRODUCT LAUNCH & DEVELOPMENT: 184

FIGURE 47 KEY PARTNERSHIPS, COLLABORATIONS & JOINT VENTURES: 186

FIGURE 48 OTHER KEY STRATEGIES 187

FIGURE 49 ANALOG DEVICES PRODUCT 189

FIGURE 50 ANALOG DEVICES OVERALLFINANCIALS ($MILLION), 2020-2027 190

FIGURE 51 NET REVENUE BY SEGMENTS, 2020-2027 191

FIGURE 52 NET REVENUE BY REGION, 2020-2027 192

FIGURE 53 NET REVENUE BY PRODUCT, 2020-2027 193

FIGURE 54 AVAGO TECHNOLOGIES MARKETS 196

FIGURE 55 AVAGO TECHNOLOGIES OVERALL FINANCIALS ($MILLION), 2020-2027 197

FIGURE 56 NET REVENUE BY REGION, 2020-2027 198

FIGURE 57 NET REVENUE BY SEGMENT, 2020-2027 199

FIGURE 58 BOSCH SENSORTEC PRODUCTS 203

FIGURE 59 BOSCH OVERALL FINANCIALS ($ MILLION), 2020-2027 204

FIGURE 60 NET REVENUE BY SEGMENT, 2020-2027 205

FIGURE 61 NET REVENUE BY REGION, 2020-2027 206

FIGURE 62 BOURNS INC. PRODUCTS 209

FIGURE 63 CONTINENTAL CORPORATION DIVISION 213

FIGURE 64 CONTINENTAL CORPORATION OVERALL FINANCIALS ($MILLION), 2020-2027 213

FIGURE 65 NET REVENUE BY SEGMENT, 2020-2027 215

FIGURE 66 NET REVENUE BY REGION, 2020-2027 216

FIGURE 67 CTS CORPORATION PRODUCT SEGMENT 220

FIGURE 68 OVERALL FINANCIALS ($MILLION), 2020-2027 221

FIGURE 69 NET REVENUE BY BUSINESS SEGMENTS, 2020-2027 222

FIGURE 70 NET REVENUE BY REGION, 2020-2027 223

FIGURE 71 DELPHI AUTOMOTIVE PRODUCT SEGMENTS 226

FIGURE 72 DELPHI AUTOMOTIVE LLP OVERALL FINANCIALS ($MILLION), 2020-2027 227

FIGURE 73 NET REVENUE BY OPERATING SEGMENTS, 2020-2027 228

FIGURE 74 NET REVENUE BY REGION, 2020-2027 229

FIGURE 75 DENSO CORPORATION SEGMENTS 233

FIGURE 76 DENSO CORPORATION OVERALL FINANCIALS ($MILLION), 2020-2027 234

FIGURE 77 NET REVENUE BY OPERATING SEGMENTS, 2020-2027 235

FIGURE 78 NET REVENUE BY REGION, 2020-2027 236

FIGURE 79 FREESCALE SEGMENTS SNAPSHOT 240

FIGURE 80 OVERALL FINANCIALS ($ MILLION), 2020-2027 241

FIGURE 81 NET REVENUE BY SEGMENT, 2020-2027 242

FIGURE 82 NET REVENUE BY REGION, 2020-2027 243

FIGURE 83 GENERAL ELECTRIC MEASUREMENT AND CONTROL PRODUCTS 246

FIGURE 84 OVERALL FINANCIALS (PARENT COMPANY), ($ MILLION), 2020-2027 247

FIGURE 85 NET REVENUE BY SEGMENT, 2020-2027 248

FIGURE 86 NET REVENUE BY REGION, 2020-2027 249

FIGURE 87 GILL SENSORS PRODUCTS SNAPSHOT 252

FIGURE 88 HELLA KGAA HUECK & CO PRODUCT DIVISION 255

FIGURE 89 HELLA OVERALL FINANCIALS ($MILLION), 2020-2027 256

FIGURE 90 NET REVENUE BY SEGMENT, 2020-2027 257

FIGURE 91 NET REVENUE BY REGION, 2020-2027 258

FIGURE 92 INFINEON BUSINESS SEGMENT SNAPSHOT 262

FIGURE 93 OVERALL FINANCIALS($ MILLION), 2020-2027 263

FIGURE 94 NET REVENUE BY SEGMENTS, 2020-2027 264

FIGURE 95 NET REVENUE BY REGION, 2020-2027 266

FIGURE 96 MELEXIS PRODUCTS BY APPLICATION SNAPSHOT 271

FIGURE 97 OVERALL FINANCIALS ($ MILLION), 2020-2027 272

FIGURE 98 NET REVENUE BY SEGMENT, 2020-2027 273

FIGURE 99 NET REVENUE BY REGION, 2020-2027 274

FIGURE 100 MICRONAS SEMICONDUCTORS OPERATING SEGMENTS 277

FIGURE 101 MICRONAS OVERALL FINANCIALS ($ MILLION), 2020-2027 278

FIGURE 102 NET REVENUE BY SEGMENT, 2020-2027 279

FIGURE 103 NET REVENUE BY REGION, 2020-2027 280

FIGURE 104 MURATA MANUFACTURING CO., LTD. PRODUCT SNAPSHOT 283

FIGURE 105 OVERALL FINANCIALS ($MILLION), 2020-2027 284

FIGURE 106 NET REVENUE BY SEGMENT, 2020-2027 285

FIGURE 107 NET REVENUE BY REGION, 2020-2027 286

FIGURE 108 NGK SPARK PLUGS CO. LTD. PRODUCT SNAPSHOT 290

FIGURE 109 NGK SPARK PLUGS CO. LTD.: OVERALL FINANCIALS ($MILLION), 2020-2027 291

FIGURE 110 NET REVENUE BY SEGMENTS, 2020-2027 292

FIGURE 111 NET REVENUE BY REGION, 2011-14 293

FIGURE 112 OVERALL FINANCIALS ($ MILLION), 2020-2027 297

FIGURE 113 NET REVENUE BY SEGMENT, 2020-2027 298

FIGURE 114 NET REVENUE BY REGION, 2020-2027 299

FIGURE 115 PANASONIC CORPORATION SEGMENTS 302

FIGURE 116 OVERALL FINANCIALS,($ MILION), 2020-2027 303

FIGURE 117 NET REVENUE BY SEGMENT, 2020-2027 304

FIGURE 118 NET REVENUE BY REGION, 2020-2027 305

FIGURE 119 SENSATA TECHNOLOGIES PRODUCTS 309

FIGURE 120 TYPES OF SENSORS 309

FIGURE 121 SENSATA TECHNOLOGIES, INC. OVERALL FINANCIALS ($MILLION), 2020-2027 310

FIGURE 122 NET REVENUE BY SEGMENTS, 2020-2027 311

FIGURE 123 NET REVENUE BY REGIONS, 2020-2027 312

FIGURE 124 STONERIDGE INC. PRODUCTS 315

FIGURE 125 OVERALL FINANCIALS ($MILLION), 2020-2027 316

FIGURE 126 NET REVENUE BY SEGMENT, 2020-2027 317

FIGURE 127 NET REVENUE BY REGION, 2020-2027 318

FIGURE 128 TAKATA CORPORATION PRODUCT DIVISIONS 321

FIGURE 129 TAKATA CORPORATION OVERALL FINANCIALS ($ MILLION), 2020-2027 322

FIGURE 130 NET REVENUE BY SEGMENTS, 2020-2027 323

FIGURE 131 NET REVENUE BY REGION, 2020-2027 324

FIGURE 132 TRW AUTOMOTIVE BUSINESS SEGMENT 327

FIGURE 133 TRW AUTOMOTIVE OVERALL FINANCIALS ($MILLION), 2020-2027 329

FIGURE 134 SALES BY BUSINESS SEGMENTS, 2020-2027 330

FIGURE 135 SALES BY REGION, 2020-2027 331

FIGURE 136 VISHAY INTERTECHNOLOGY PRODUCTS 335

FIGURE 137 VISHAY INTERTECHNOLOGY, INC. OVERALL FINANCIALS ($MILLION), 2020-2027 336

FIGURE 138 NET REVENUE BY OPERATING SEGMENTS, 2020-2027 337

FIGURE 139 NET REVENUE BY REGION, 2020-2027 338

Automotive Sensor Market

Market Research Future (MRFR) presumes the global automotive sensor market size to grow at a CAGR of 9.2% from 2017 to 2025

Segmentation

By Sensors Type Pressure Temperature Position Motion Optical Torque Gas Level Other Sensors
By Technology Micro Electro Mechanical Systems (Mems) Non Electro Mechanical Systems (Non Mems) Nano Electro Mechanical Systems (Nems)
By Vehicle Type Conventional Fuel Cars Alternative Fuel Car Heavy Vehicles

Key Players

  • Bosch Sensortec GmbH
  • Analog Devices Inc.
  • Avago Technologies
  • Hella KGaA Hueck & Co.
  • TRW Automotive
  • Continental AG
  • CTS Corporation
  • Delphi Automotive
  • Denso Corporation
  • Freescale Semiconductor Holdings Ltd
  • GE Measurement & Control Solutions
  • Gill Sensors & Controls
  • Infineon Technologies
  • Micronas Semiconductor INC
  • Murata Manufacturing Co. Ltd
  • NGK Spark Plugs Co. Ltd
  • NXP Semiconductors
  • Panasonic Corporation
  • Sensata Technologies
  • Stoneridge Inc.
  • Takata Corporation
  • Vishay Intertechnology.

Drivers

  • Growing use of alternative fuels
  • Vehicles will help reduce fuel costs of consumers
  • Increase the energy security of nations
  • Use of alternative fuel cars
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Automotive Sensor Market Overview


Automotive sensor market size to grow at a CAGR of 9.2% from 2017 to 2025 (forecast period)


Market Research Future (MRFR) presumes the global automotive sensor market size to grow at a CAGR of 9.2% from 2017 to 2025 (forecast period). Increased global production of motor vehicles, increased demand for vehicle electrification, the formulation of stringent government regulations related to emissions, and increased consumer demand for vehicle safety and comfort are major factors propelling the growth of the automotive sensor industry.


COVID-19 Impact on the Global Automotive Sensor Market


COVID-19 has had a serious impact on the global market for automotive sensors. This has been seen in terms of delays in the export of Chinese parts, large-scale manufacturing interruptions in manufacturing throughout Europe, and the closure of assembly plants in the US. The extent of effect depends on the impact of COVID-19 and the government's decision on the lockdown. 2019 was not beneficial for the automotive industry, and now COVID-19 may have had an effect on various M&A, collaborations, partnerships, and R&D activities. Vehicle production is expected to have a significant effect due to supply shortages and production suspensions. The demand for new vehicles in pandemic-affected nations is unlikely due to the lockdowns in effect. Due these factors, the market for automotive sensor is expected to decline significantly in the near future.


Key Players


The key players in the global automotive sensor market are Bosch Sensortec GmbH, Analog Devices Inc., Avago Technologies, Hella KGaA Hueck & Co., TRW Automotive, Continental AG, CTS Corporation, Delphi Automotive, Denso Corporation, Freescale Semiconductor Holdings Ltd, GE Measurement & Control Solutions, Gill Sensors & Controls, Infineon Technologies, Micronas Semiconductor INC, Murata Manufacturing Co. Ltd, NGK Spark Plugs Co. Ltd, NXP Semiconductors, Panasonic Corporation, Sensata Technologies, Stoneridge Inc., Takata Corporation, and Vishay Intertechnology.


Market Dynamics


Drivers


Growing use of alternative fuel vehicles


An alternative fuel vehicle is a vehicle that uses fuel other than conventional petroleum fuels, like petrol or diesel. Alternative fuel vehicle often refers to any technology used to power an engine that does not use petroleum (e.g., electric vehicles, hybrid electric vehicles, solar-powered vehicles). Growing use of alternative fuels and vehicles will help reduce fuel costs of consumers, mitigate emissions and increase the energy security of nations. The demand for Automotive sensors will increase dramatically with the use of alternative fuel cars. The introduction of emerging technologies and systems into vehicles has expanded the reach of electrification. The installation of ADAS systems has brought the use of sensors in vehicles to a new level. The automotive industry has seen promising growth in vehicle electrification, particularly in transmission, climate control, powertrain, safety, and exhaust. Installation of such systems in passenger cars has increased over the years, driven by increasing economic status and evolving customer preferences for improved safety standards and comfort, and by the introduction of advanced technologies like anti-lock braking system (ABS), EBD, airbags, and traction control. The demand for sensors has therefore also increased in the segment of passenger cars.


Restraints


Low preference for diesel cars


Rising pollution has been a critical factor in the global drop in diesel sales. Air quality issues and tax changes have led to a substantial drop in diesel vehicle sales, which has contributed significantly to the worldwide decline in new car registrations. In addition, auto manufacturers will have to pay a higher fine in the European region if their fleet violates controlled pollution limits that are expected to be stricter. Diesel passenger cars have a low sales rate in the passenger car segment in all regions except Europe. This situation is largely different in other countries, such as North America and the Asia Pacific, where gasoline engines lead the passenger car market. The low preference for diesel engine vehicles is, therefore, a limiting factor for the automotive sensor market.


Market Segmentation


Global Automotive Sensor Industry has been segmented based on Sensor Type, Technology, and Application. 


By sensor type, the pressure sensor segment to witness significant growth


In 2018, the pressure sensor segment was projected to see a substantial increase in value during the projected period due to the increasing demand in the automobile powertrain for various control and sensing applications such as turbochargers, fuel injection, and oil pressure sensor. Moreover, the increasing demand for image sensors, cameras, and radar-based sensors in advanced vehicles, like autonomous cars and electric cars, is responsible for the growth of the sensor position in the global market.


By technology, the micro-electromechanical systems (MEMS) segment to witness substantial rise


The segment for micro-electromechanical systems (MEMS) is expected to see a substantial increase in value over the projected period due to the increasing use of MEMS devices in an automobile for passenger safety applications, including airbags, tire pressure monitoring (TPMS), vehicle dynamics control (VDC), and roll over detection systems.


By application, the conventional fuel car segment to dominate the market


The conventional fuel car segment is anticipated to be dominant during the forecast period due to the increasing demand for technological advances, higher functionality, and safety features in conventional vehicles


Regional Analysis


APAC to lead the global market


The automotive industry in APAC has been very competitive over the last few years due to the rising per capita income of the middle-class population and the cost advantages for the original equipment manufacturers (OEMs). The region is known for manufacturing compact and cost-effective cars and includes some of the fastest-growing economies in the world like China and India. APAC is expected to be the largest automobile market in the world from 2017 to 2025. The growth of the automotive sensor market in APAC can be attributed to the increasing population and rising income levels, which have resulted in increased demand for automobiles. The automotive sensor market in APAC has considerable growth potential due to low automotive production costs, easy availability of economic labor, lenient emission and safety requirements and government initiatives to encourage foreign direct investment (FDIs). The increase in vehicle production levels is followed by an increasing customer preference for comfort, safety, and luxury, which is anticipated to drive the demand for Automotive sensor in APAC


Competitive Landscape 


The global automotive sensor market is highly competitive, with key industry players following a range of strategies, such as product developments, acquisitions, and partnerships. Most of the companies in the market are focused on expanding operations across continents, enhancing their manufacturing capability, and developing and maintaining strong partnerships.


Recent Developments


In April 2020, Infineon absorbed Cypress Semiconductor, a leader in the semiconductor industry. With this acquisition, Infineon is expected to expand its automotive semiconductor offerings.


In January 2020, Bosch began to develop a long-range LiDAR suitable for automotive use. This LiDAR can be used for autonomous driving. 


Report Overview


This research report examines vital factors, restraints, and challenges in the global automotive sensor market, regional and segment revenue estimates, and evaluations. The base year is 2018; the prediction period is 2017-2025. The segmentation of the market is described in the following manner.


Segmentation Table


By Sensor Type



  • Pressure

  • Temperature

  • Position

  • Motion

  • Optical

  • Torque

  • Gas

  • Level

  • Other sensors


By Technology



  • Micro-electro-mechanical systems (MEMS)

  • Non-electro-mechanical systems (non-MEMS)

  • Nano-electro-mechanical systems (NEMS)


By Vehicle Type



  • Conventional fuel cars

  • Alternative fuel car

  • Heavy vehicles



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   9.2% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By sensor type, By technology, By application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Bosch Sensortec GmbH, Analog Devices Inc., Avago Technologies, Hella KGaA Hueck & Co., TRW Automotive, Continental AG, CTS Corporation, Delphi Automotive, Denso Corporation, Freescale Semiconductor Holdings Ltd, GE Measurement & Control Solutions, Gill Sensors & Controls, Infineon Technologies, Micronas Semiconductor INC, Murata Manufacturing Co. Ltd, NGK Spark Plugs Co. Ltd, NXP Semiconductors, Panasonic Corporation, Sensata Technologies, Stoneridge Inc., Takata Corporation, and Vishay Intertechnology.
  Key Market Opportunities

  • Evolving customer preferences
  • Improved safety standards and comfort
  •   Key Market Drivers

  • Growing use of alternative fuels
  • Vehicles will help reduce fuel costs of consumers
  • Increase the energy security of nations
  • Use of alternative fuel cars


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    Frequently Asked Questions (FAQ) :

    The market holds the potential to achieve a CAGR of 9.2% in the coming years.

    The market can show steady growth by 2023, on account of rapid technological advancements combined with the increasing disposable income among consumers all over the world.

    The growth impacting companies in the market include Gill sensors & controls (UK), Analog Devices Inc. (US), Denso Corporation (Japan), Delphi automobile (UK), Bourns (CA), CTS Corporation (US), Avago Technologies (CA), Bosch Sensortec (Germany), and others.

    The sensor types are Motion, Optical, Temperature, Gas, Pressure, and others.

    Within the automotive industry, consumer preferences are constantly evolving. All over the world, there is a high demand for factors like high efficiency, high performance, security and increased safety, for various automotive applications.

    Companies like BMW, Volkswagen, Ford and Toyota are entering the developing markets for business expansion.

    India, China, Japan and South Korea are the leading markets in APAC.