Automotive Sensors Market Size, Share | Industry Report, 2020

Automotive Sensors Market Forecast (2015-2020)

Automotive Sensors Market Forecast

(2015-2020)To Enquire

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Automotive Sensors Market Analysis - By Type (Pressure, Temperature, Speed, Oxygen, NOx,

Position); By Application (Fuel Injection & Emission, Chassis, Engine, Powertrain, Safety, Telematics); By

Vehicle Type - With Forecast (2015 - 2020)

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Automotive Sensors Market Overview

Sensors are a type of transducers which detect the difference in its environment due to mechanical change and transfer it into electric signal to the concerned component. Sensors are installed in vehicles to ensure reliability and safety of the passenger. The market for Automotive Sensors has been classified as pressure sensors, temperature sensors, level sensors, oxygen sensors, NOx sensors, safety sensors and more. These sensors are used in cars, trucks, buses and two-wheelers.





Automotive Sensors Market Estimations

According to IndustryARC The Global Market for Automotive Sensors

is estimated to reach $17.08 Billion by 2020 growing at a CAGR of

14.97%. The major application in terms of volume will be Safety Sensors.

Increasing concern for passenger safety will further drive the demand for

Safety Sensors in Automotive Industry. The Market for Safety & Control

Sensors is estimated to grow at a CAGR of 18.08% through the forecast

period, 2015-2020.





Automotive Sensors Market Revenue





Automotive Sensors Market Segmentation

The Automotive Sensors Market is classified into various types based on

these 4 factors

By Product Type: Pressure Sensors, Temperature Sensors, Level

Sensors, Speed Sensors, Oxygen Sensors, NOx Sensors, Position Sensors,

Magnetic Sensors ,Inertial Sensors , MEMS Sensors, Safety Sensors and

Others.

By Application: Fuel Injection and Emission, Chassis, Engine,

Powertrain, Safety & Control , Telematics and Vehicle Security

By Vehicle Type: Cars, Trucks, Buses and Two-wheelers

By Geography: America, Europe, APAC and ROW.





Key Market Insights of Automotive Sensors Market

The development in automotive is progressing in a direction of protection of not only the occupants but also the people in the surrounding. One of the examples is the inclination of bonnet surface after the crash such that the person hit by the car is protected to an extent or is less hurt.

Sensors play an important role in collecting the information of driver’s driving behavior, cabin atmosphere preference and other related facts. This database will help develop self-driving cars to enhance the travelling experience of the passenger.





Key Market Insights of Automotive Sensors Market

The Automotive Sensors Market in the Americas is more than the other regions while the APAC region has the highest potential for expansion of this market. The market in the Americas and APAC region are estimated to grow at a CAGR of 12.62% and 17.06% respectively between 2015 and 2020.

The environmental concern is leading to rise in electric vehicles. This is bringing up innovation in Battery sensors.





Key Market Players of Automotive Sensor Market

The Automotive Sensor Industry has many suppliers and thus the

competition in the market is high. Offering better product at a competitive

price is the main concern for the manufacturers.

The eminent players in this market include:

Continental AG,

Delphi Automotive Systems, LLC,

Denso Corporation,

Robert Bosch GmbH and

TRW Automotive, Inc.


Thank You!IndustryARC+1 614-588-8538/[email protected]@industryarc.com

Automotive Sensors Market Size, Share | Industry Report, 2020

Automotive

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