Global automotive sensors market is estimated to grow at a CAGR of ~7% over the forecast period

Pune, India, Jan 16, 2018, /MRFR Press Release/- Market Research Future published a half cooked research report on Global Automotive sensors Market.

Market Highlights

The global automotive sensors market is spanned across Americas, Europe, Asia Pacific, and the Rest of world. North America dominates the automotive sensors market due to growing adoption of innovative technologies that has positive implications for the future of transportation, which is propelling the automotive sensors market growth to a large extent. In January 05, 2018, Denso Corporation, a leading automotive supplier acoss the world is leading in AI-powered technology and fresh approach with a startup, ActiveScaler, a developer of Managed Mobility-as-a-Service, is aiming to provides end-to-end MaaS businesses . With this technology, the company is offering an advanced analytics and automation, high security, and regulatory compliance to their customers.

The North American region is experiencing a higher demand due to  building of new multi-mode transportation and autonomous vehicles, which is widely used in the transportation sectors.The prominent companies such Analog Devices Inc. (U.S.), Broadcom Limited (U.S.), Bourns Inc. (U.S.), Sensata Technologies (U.S.), TRW Automotive Inc. (U.S.), Vishay Intertechnology, Inc. (U.S.) GE Measurement & Control Solutions (U.S.), is providing automotive sensors solutions to the market. These major players are investing in the offering of automotive sensors solution across the world.

The global automotive sensors market is expected to reach USD ~ 35 billion at a CAGR of over 7% by the end of the forecast period.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of automotive sensors Market Research Report

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Automotive sensors Market Research Report -Forecast to 2025”.

Global Automotive sensors Market Segmentation 

The global automotive sensors market is segmented into sensor type, technology, vehicle types, and region. The sensor type segment is sub-segmented into Pressure Sensors, Temperature Sensors, Speed Sensors, Position Sensors, O2 Sensors, NOx Sensors, Inertial Sensors, Image Sensors and others. The technology segment is sub-segmented into Micro-Electro-Mechanical Systems (MEMS), Nano-Electro-Mechanical Systems (NEMS). The vehicle types segment is sub-segmented into low end, medium end, high end, heavy vehicle, electrical vehicles and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.

The prominent players in the global automotive sensors market Analog Devices Inc. (U.S.), Broadcom Limited (U.S.), Bosch Sensortech GmBH (Germany), Bourns Inc. (U.S.), Delphi Automotive LLP (U.K), Denso Corporation (Japan), GE Measurement & Control Solutions (U.S.), STMicroelectronics (Switzerland), Infineon Technologies AG (Germany), Continental AG (Germany), Micronas Semiconductor Inc. (Switzerland), Panasonic Corporation (Japan), Sensata Technologies (U.S.), TRW Automotive Inc. (U.S.), and Vishay Intertechnology, Inc. (U.S.) among others.

Market Research Analysis

The global automotive sensors market is consists of the Americas, Europe, Asia Pacific, and Rest of world. North America is dominating the global automotive sensors market. The automotive sensors market is witnessing the high growth due to increasing demand of security, comfort, and efficiency among people which is propelling the growth of automotive sensors market of these regions. Europe is projected to hold the second largest share of the automotive sensors market during the forecast period due to enhancing the safety and reducing the emission. Asia Pacific is expected to witness the highest CAGR in the coming years.