Market Research Future (MRFR) study on the “Global Automotive
Sensors Market” is an in-depth evaluation that provides a comprehensive
overview of the industry. Global Automotive Sensors Market is expected to be valued at USD 35 Billion by 2023 with CAGR of 7% during the forecast period. The study covers the COVID-19 overview
of the global market and offers a thorough explanation of market segments,
current trends, growth forecasts, and market challenges from 2018 to 2023
(forecast period) to identify growth opportunities.
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 provide
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 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.
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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.
Regional
Analysis:
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 global automotive sensors
industry is studied for the Asia Pacific (China, Japan, and India), North
America (the U.S., Mexico, and Canada), Europe (the U.K, Germany) and Rest of
the World. Asia Pacific with countries such as China, Japan, and India, is one
of the leading regions of the world in terms of market share. The automotive
sensors market in this region has a huge demand due to the increase in
purchasing power of the consumer, and growing population, which is further
propelling the market growth to a large extent. Whereas, the European countries
are emerging automotive sensor markets due to increasing demand for more
efficient and safer vehicles and is expected to grow at the highest CAGR over
the review period.
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TABLE OF CONTENTS:
·
Market Introduction
·
Research Methodology
·
Market Dynamics
·
Executive Summary
·
Market Factor Analysis
·
Automotive sensors Market, By Segments
·
Competitive Analysis
More…
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