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Automotive Sensors Market: Global Industry Outlook, Market size and
Forecast 2016-2022 by Brisk Insights
According to a recently published report, the Global Automotive Sensors Market
expected to grow at the CAGR of 9.1% during 2015-2022 and it estimated to be $36.25
billion by 2022. The global automotive sensors market is segmented on the basis of
product, industry applications and geography. The report on Global Automotive Sensors
Market Forecast 2015-2022 provides detailed overview and predictive analysis of the
market.
The global automotive sensors market is expected to grow exponentially due to various
factors such as increasing demand of vehicles especially motor cars around the world.
The increasing demand for hybrid and electric vehicles with growing consumer demand
for fuel-efficiency and comfort, in addition to factors such as strengthening government
rules for vehicle safety is driving the market for automotive sensors worldwide.
The shift towards self-driving cars could significantly boost the automotive sensor
market as more intelligent data processing devices are required to make autonomous
decisions which leads to development of automotive sensors market.
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Due to advancement in automobile technology, vehicles are increasingly being
equipped with numerous sensing devices that provide information on different
parameters ensuring comfort, safety, and security.
The automotive sensors are one of the fastest growing sectors in automotive industry
with growth rate in near double digit; especially in OEM (original equipment
manufacturing). Europe (European Union) is presently the leading market of
automobile sensors, due to the exponential growth in the logistics industry, with
increasing information about safety, and setup of Low Emission Zones (LEZs) in
European Union. These factors are fueling the demand for HEVs which is also boosting
demand of automotive sensors in this region. Companies based in Europe and US (For
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example: Bosch, Emerson Electric) have spent significant revenue on R&D for new
development of new products for automobiles makers.
The leading players with significant hold over the Global Automotive sensors market
include players such as: Bosch, Denso Corporation, Sensata, Freescale
Semiconductor, Agilent Technologies, Ford Corporation, Honeywell, Johnson Controls,
Emerson Electric, General Electric, AMETEK Inc Honeywell, Analog Devices, and
Delphi Automotive. The Bosch and Denso Corporation currently dominates the overall
Automotive sensor market with share of over 24% in 2015.
Scope of the report:
Global automotive sensors market by types 2015–2022 ($ billion)
1. Pressure Sensor
2. Temperature Sensor
3. Gas Sensor
4. Motion Sensor
5. MEMS Sensor
6. NOX sensors
7. Speed Sensors
8. Inertial Sensors
9. Magnetic
10. Others
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Global automotive sensors market by application 2015-2022 ($ billion)
1. Powertrain market
2. Body Electronics Others
3. Vehicle Security system
4. Safety and Controls
5. Telematics
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6. Chassis
7. Other
Global automotive sensors market regional outlook 2015-2022 ($ billion)
1. North America
2. Europe
3. Asia-Pacific
4. Middle East & Africa
5. Central & South America
Competitive Landscape
1. Bosch,
2. Denso Corporation,
3. Sensata,
4. Freescale Semiconductor,
5. Agilent Technologies,
6. Ford Corporation,
7. General Electric,
8. AMETEK Inc Honeywell,
9. Analog Devices,
10. Delphi Automotive
11. Ashcroft Holdings
12. Autoliv Inc.
13. Banner Engineering
14. Cherry Corporation
15. Miranda Technologies, Inc.
16. Eaton Corporation
17. Emerson
18. Goodrich Corporation
19. Johnson Controls
20. Honeywell
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Blog: http://www.pdfdevices.com/global-synthetic-paper-devices-market-isexpected-to-grow-at-the-cagr-of-8-during-2015-2022-brisk-insights/
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Brisk Insights is a global market research firm. Our insightful analysis is focused on
developed and emerging markets. We identify trends and forecast markets with a view
to aid businesses identify market opportunities optimize strategies.
Working in a highly dynamic and multi-dimensional business makes decision making
complex. Effective business decisions are a result of the synthesis of market
information. Our Research and data analysis is an efficient and cost-effective way of
providing robust market analysis and can yield highly valuable intelligence relating to
consumers, competitors and markets.
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