Automotive sensors

Transparency Market Research Asia Pacific is One of the Most Attractive Regions for the Market of Automotive Sensors

Published Date 2015-10-01

84 Page Report

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Press Release

Automotive Sensors Market to Grow due to Rising Demand for Automation in Automobiles

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Automotive Sensors Market

REPORT DESCRIPTION

Automotive Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 Sensors are utilized in measuring, recording, and detecting physical phenomena and consequently responding via initiating changes or transmitting information. Automotive sensors are amongst the most significant components utilized in a modern vehicle. On an average, there are approximately 60 to 80 sensors in a vehicle that provide data to the central electronic control unit (ECU). Automotive sensors are a vehicle’s integrated part and are made for transmitting, analyzing, detecting, and displaying information on the vehicle’s performance to the driver as well as sometimes other vehicles.

Full Automotive Sensors Market Report can be obtained at: http://www.transparencymarketresearch.com/automotive-sensor-market.html Automotive sensors find application in various automobile components such as powertrain control system, climate control, Anti-lock Braking System (ABS) & Electronic Stability Programme (ESP) system, airbag restraint system, power steering system, engine management system, camshaft position sensor, crankshaft position sensor and body dynamics control system. These provide occupants of vehicles with better comfort, driver safety and security among other related benefits.

The increasing demand for automobiles due to the increase in disposable income in Asia Pacific is one of the major factors fueling the demand for automotive sensors. In addition, increasing government safety regulations and emission control is also boosting the automotive sensors market. Body control system, power steering system, climate control and ABS are some of the basic features provided by manufacturers as a standard option in vehicles at present. Moreover, hybrid and fuel cell vehicles have an exponential use of sensors for hydrogen leak detection, current monitoring, motor speed and position among others.

The market has been segmented as follows: Global Automotive Sensors Market: By Type > Pressure Sensor > Temperature Sensor

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Automotive Sensors Market

> Gas Sensor > Motion Sensor > MEMS Sensor Global Automotive Sensors Market: By Components > Powertrain > Body Electronics > Chassis > Safety and Control Get the Free Sample Research Report of Automotive Sensors Market at: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=230 Powertrain segment held the largest market share in the automotive sensors market. Powertrain components include camshaft and crankshaft position sensors, fuel temperature, fuel pressure, oxygen sensor and exhaust gas recirculation (EGR) valve position among others.

Micro-Electro-Mechanical (MEMS) Sensors held the largest market share. Increasing vehicle safety features such as Anti-lock Braking System (ABS) and Electronic Stability Programme (ESP) and vehicle dynamic control (VDC) in developing countries of Asia Pacific is one of the major factors fueling demand of MEMS sensors market.

In 2014, Europe accounted for the largest market share in the automotive sensors market.

Exponential growth in the logistics industry, in addition to increasing information about safety, and setup of Low Emission Zones (LEZs) in European Union is fueling the demand for HEVs which is also boosting demand of automotive sensors in this region.

Rise in driver and occupant comfort has resulted in implications of advanced technologies and some of the techlologies such as automatic wipers, headlight leveling, automatic climate control and parking assistance among others have resulted in the growth of automotive sensors in Asia Pacific.

Major Key Players For this market are: > Continental AG

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Automotive Sensors Market

> Denso Corporation > Robert Bosch > Sensata Technologies Inc > Freescale Semiconductor Inc > Autoliv Inc. > Infineon Technologies AG

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