ID: MRFR/AM/0305-CRR | September, 2016 | Region: Global | 145 pages | Cooked Research Reports
Market Synopsis of Automotive Sensor Market:
Over the last 30 years, vehicle electronic systems are growing rapidly. The evolution of microcontroller and sensor technologies is providing authority to automobile industries to develop complex systems which can provide higher levels of vehicle control and safety to the end consumers. The Global automotive sensor market is increasing due to growing urbanization, rising environmental concerns, and increasing disposable income of middle class population. This market is growing with the CAGR rate of XX% and expected to reach US $XX million by the end of forecasted period.
Study Objective of Automotive Sensor Market
Global Automotive Sensor Market has been segmented into sensor types, method, applications and by vehicle type. By Sensor type includes- pressure sensor, temperature sensor, position sensor, motion sensor, optical sensor, torque sensor, gas sensor, level sensor and others. By method market has been segmented as - micro- electro-mechanical systems (MEMS), non- electro-mechanical systems (Non-MEMS), Nano- electro-mechanical systems (NMEMS) and others. By Application market includes automobile, safety and control, body electronics and others. By Vehicle type, market has been segmented as conventional fuel cars, alternative fuel cars, heavy vehicles and others.
The automotive sensor market in North America is dominated by US followed by Mexico and Canada. America has the third largest share in Global Automotive sensor market and is expected to grow with a CAGR of XX % during the forecasted period. The major growth drivers of automotive sensor market include increasing population with high disposable income. The Asia-Pacific is the emerging region in Global Automotive Sensor market due to stringent government regulations, and persuasive car designers to upgrade the safety provision in car designs. Automotive sensor market will grow for low end vehicles ad is expected to grow with a CAGR of more than XX% due to increasing demand for low-end automobiles. The increasing disposable income of the middle-class population and the inclination of buyers towards high-end luxury cars are driving the growth of automotive sensor market in India.
Some of the major players in Global Automotive Sensor Market include Analog Devices Inc. (US), Avago Technologies (CA), Bosch Sensortec (Germany), Bourns (CA), CTS Corporation (US), Denso Corporation (Japan), Gill sensors & controls (UK), Delphi automobile (UK) among others.
In June 2016, Analog Device Inc. (US) introduced a radio transceiver which is a low power and high performance device used for batteries.
In May 2016, Avago Technologies (US) introduced industries first 60Ghz wireless mesh solutions for wireless infrastructure.
In April 2016, Bourns launches sulfur resistant fixed resistor products which will help exchange of data between small electronic equipment’s.
The reports also covers brief analysis of Geographical Region includes:
The Middle East& Africa
The report for Global Automotive Sensor Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions