Automotive Sensor Market to Grow at a CAGR Of 14.97% till 2020

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Automotive Sensors Market Forecast 2015-2010 By Type (Pressure, Temperature, Speed, Oxygen, NOx, Position); By Application (Fuel Injection & Emission, Chassis, Engine, Powertrain, Safety, Telematics); By Vehicle Type - With Forecast (2015 – 2020)

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Automotive Sensors Market Forecast 2015-2010

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Automotive Sensors Market Overview Sensors are a type of transducers which detect the difference in its environment due to mechanical change and transfer it into electric signal to the concerned component. Sensors are installed in

vehicles to ensure reliability and safety of the passenger. The market for Automotive Sensors has been classified as pressure sensors, temperature sensors, level sensors, oxygen sensors, NOx sensors, safety sensors and more. These sensors are used in cars, trucks, buses and two-wheelers.

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Automotive Sensors Market Forecast 2015-2010

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Automotive Sensors Market Estimations According to IndustryARC The Global Market for Automotive Sensors is estimated to reach $17.08 Billion by 2020 growing at a CAGR of 14.97%. The major application in terms of volume will be Safety Sensors. Increasing concern for passenger safety will further drive the demand for Safety Sensors in Automotive Industry. The Market for Safety & Control Sensors is estimated to grow at a CAGR of 18.08% through the forecast period, 2015-2020.

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Automotive Sensors Market Forecast 2015-2010

Automotive Sensors Market Segmentation The Automotive Sensors Market is classified into various types based on these 4 factors  By Product Type: Pressure Sensors, Temperature Sensors, Level Sensors, Speed Sensors, Oxygen Sensors, NOx Sensors, Position Sensors, Magnetic Sensors ,Inertial Sensors , MEMS Sensors, Safety Sensors and Others.

 By Application: Fuel Injection and Emission, Chassis, Engine, Powertrain, Safety & Control , Telematics and Vehicle Security  By Vehicle Type: Cars, Trucks, Buses and Two-wheelers  By Geography: America, Europe, APAC and ROW.

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Automotive Sensors Market Forecast 2015-2010

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Key Market Players of Automotive Sensor Market The Automotive Sensor Industry has many suppliers and thus the competition in the market

is high. Offering better product at a competitive price is the main concern for the manufacturers. 

The eminent players in this market include:

 Continental AG,  Delphi Automotive Systems, LLC,  Denso Corporation,  Robert Bosch GmbH and

 TRW Automotive, Inc.

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Automotive Sensors Market Forecast 2015-2010

Key Market Insights of Automotive Sensors Market  The Automotive Sensors Market in the Americas is more than the other regions while the APAC region has the highest potential for expansion of this market. The market in the Americas and APAC region are estimated to grow at a CAGR of 12.62% and 17.06% respectively between 2015 and 2020.  The environmental concern is leading to rise in electric vehicles. This is bringing up innovation in Battery ensors.

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Automotive Sensors Market Forecast 2015-2010

Key Market Insights of Automotive Sensors Market  The development in automotive is progressing in a direction of protection of not only the occupants but also the people in the surrounding. One of the examples is the inclination of bonnet surface after the crash such that the person hit by the car is protected to an extent or is less hurt.

 Sensors play an important role in collecting the information of driver’s driving behavior, cabin atmosphere preference and other related facts. This database will help develop self-driving cars to enhance the travelling experience of the passenger.

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1. Get a top down Estimate of the market

2. Validating all factors in terms of their present impact on the market.

2. Follow it up with a bottom up estimate of the market.

3. Assigning weights to these factors in terms or their relevance & impact on the market. 4. Build the

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Base model

Delphi Verification

1. Verify the findings of the model with experts from across the value chain.

1. Granular breakdown of drivers into factors 2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms of their relevance & impact on the market. 4. Build the

Consolidated Model

ARC Model

1.Granular breakdown of the drivers into factors

Consolidation ConsolidatedMethod Model

Consolidated Model

Base BaseMethod Model

Base Model

Analytical Model

Analytical Method

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ARC Model

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