Market Analysis
The global automotive sensors market Value to grow at a CAGR of 9.2% forecast period 2017- 2025, according to the new Market Research Future (MRFR) analysis. Automotive sensors will help to detect, transmit, and measure information that helps to analyze the performance of cars. The sensor technology helps in detecting events or amends in the environment and then offers a corresponding output.
Key Players
Key contenders profiled in the global automotive sensors market Value report include Vishay Intertechnology, Inc. (U.S.), TRW Automotive Inc. (U.S.), Sensata Technologies (U.S.), Panasonic Corporation (Japan), Micronas Semiconductor Inc. (Switzerland), Continental AG (Germany), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), GE Measurement & Control Solutions (U.S.), Denso Corporation (Japan), Delphi Automotive LLP (U.K), Bourns Inc. (U.S.), Bosch Sensortech GmBH (Germany), Broadcom Limited (U.S.), and Analog Devices Inc. (U.S.).
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/789
Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global automotive sensors market Value based on sensor type, technology, and vehicle type.
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
Request For Customization @ https://www.marketresearchfuture.com/ask_for_customize/789
On the contrary, the high development cost of automotive sensors, and the impact of the COVID-19 outbreak may deter the global automotive sensors market Value growth over the forecast period.
Various factors are fueling the global automotive sensors market Value share. According to the recent MRFR market estimates, such factors include increased motor vehicle production worldwide, demand for automotive sensor technology, demand for vehicle electrification, strict government regulations associated with emissions, and a rise in consumer demand for comfort and safety in cars. Other market drivers include increasing use of pressure sensors, an increase in demand for automotive sensors in electric and hybrid cars, demand for customized electronic devices, and demand for autonomous cars.
Regional Analysis
By region, the global automotive sensors market Value covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, the APAC region is predicted to spearhead the market over the forecast period.
The increasing purchasing power of consumers, growing population, increasing per capita income of the middle-class people, cost advantages of OEMs, production of cost-effective and compact cars, presence of fast-developing economies like India and China, low automobile production costs, demand for autonomous vehicles, easy accessibility of economical labor, safety norms and lenient emission, government initiatives to support FDIs, increase in automobile production, and growing inclination of consumers towards luxury, safety, and comfort are adding to the global automotive sensors market Value growth in the region.
In North America, the automotive sensors market Value is predicted to have healthy growth over the forecast period. Infrastructure development, early adoption of advanced driving assistance features, and increasing sales of electric vehicles are adding to the global automotive sensors market Value growth in the region. The automotive sensors market Value in Europe is predicted to have sound growth over the forecast period. Growing demand for safer and more efficient cars, safety and fuel efficiency norms, and safety regulations for commercial vehicles are adding to the global automotive sensors market Value growth in the region.
Browse In-depth Market Research Report @ https://www.marketresearchfuture.com/reports/automotive-sensors-market-789
Browse more report
Automotive Radar Applications Market Research Report
Automotive Radar Sensors Market Research Report
Automotive Rain Sensors Market Research Report
Automotive Rear View Mirror Market Research Report
Automotive Retread Tires Market Research Report
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact
Market Research Future
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Website: https://www.marketresearchfuture.com
