Automotive Sensors Market – 2019 Size, Share, Trends, Growth, Key Players, Regional Analysis With Global Industry Forecast To 2023

Automotive Sensors Market 2019 Global Industry Forecast to 2023 is latest report published by Market Research Future. Automotive Sensors Market to grow at 4.2% CAGR by 2023. Global Automotive Sensors Market by Sensor Type, Technology, Vehicle Type and Region with Forecast To 2023.

Pune, India - August 6, 2019 /MarketersMedia/ —

Automotive Sensors Market 2019 Global Size, Share, Statistics, Regional outlook to 2023 is latest report published by Market Research Future. Global Automotive Sensors Market is to grow at healthy 4.2% CAGR by 2023. Global Automotive Sensors Market by Sensor Type (Pressure, Temperature, Position, Motion, Optical, Torque, Gas, Level and other Sensors), Technology (Micro-Electro-Mechanical Systems (MEMS), Non-Electro-Mechanical Systems (NON-MEMS) and Nano-Electro-Mechanical Systems (NEMS)), Vehicle Type (Conventional Fuel Cars, Alternative Fuel Car and Heavy Vehicles) and Region with Forecast To 2023.

Automotive Sensors Key Players Analyzed in Report:

Broadcom Limited (US), Analog Devices Inc. (US), Bosch Sensortech GmBH (Germany), Delphi Automotive LLP (UK), Bourns Inc. (US), Denso Corporation (Japan), STMicroelectronics (Switzerland), GE Measurement & Control Solutions (US), Infineon Technologies AG (Germany), Micronas Semiconductor Inc. (Switzerland), Continental AG (Germany), Panasonic Corporation (Japan), TRW Automotive Inc. (US), Sensata Technologies (US), and Vishay Intertechnology, Inc. (US), among others.

Get Free Sample “Automotive Sensors Market Research Report-Global Forecast till 2023” at: https://www.marketresearchfuture.com/sample_request/959

Automotive Sensors Market Highlights:

Futuristic Sensor Technologies to Drive Global Automotive Sensor Market; Asserts MRFR Unleashing the Forecast for 2019-2023. According to Market Research Future (MRFR), the global automotive sensor market is poised to reach a valuation over USD 35 BN by 2023, registering around 7% CAGR throughout the forecast period (2017 – 2023). Rising environmental concerns and demand for safety features drive the growth of the market.

The automotive sensor market is growing briskly; mainly due to the increasing population with high disposable income.  The market is predominantly led by the demand for smarter systems from the growing number of end-users. Growing concern for the security of vehicle & occupants and environment safety is an important factor promoting the growth of the market.

Over the past couple of decades, vehicle electronics systems have evolved dramatically. Also, the evolution of microcontroller and sensor technologies is encouraging the development of multifaceted systems that can provide high levels of control and safety in a vehicle.

Growing urbanization and improving economic conditions are fostering the growth of the market. Moreover, increasing usage of sensors in ADAS application, development of advanced magnetics position sensor in electronic power steering application, the advancement of the silicon-based sensor, and development of wireless sensing for automotive use are providing impetus to the automotive sensor market.

Global Automotive Sensors Market Segments:

The report segments the market into four key dynamics to widen the scope of understanding,

By Sensor Type: Pressure Sensors, Temperature Sensors, Speed Sensors, Position Sensors, NOx Sensors, Inertial Sensors, Image Sensors, and O2 Sensors, among others.

By Technology: Micro-electro-mechanical Systems (MEMS) and Nano-electro-mechanical Systems (NEMS),

By Vehicle Types: Low End, Medium End, High End, Heavy Vehicle, and Electrical Vehicles, among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Automotive Sensors Market Regional Overview:

The Asia Pacific is expected to remain the largest region in the global automotive sensor market, mainly due to the huge uptake by convincing car designers to upgrade the safety provision in vehicles. Stringent government regulations for safety are favoring the growth of the market. Moreover, high vehicle production, the continuous implementation of regulations on fuel emission, and the increasing number of sensors per vehicle are some of the key factors driving the regional market.

APAC countries such as China, Japan, and India account for major contributors to the growth of the regional market. The increasing disposable income in the middle-income group populaces and the inclination of buyers towards high-end luxury cars are pushing the growth of the automotive sensor market in India.

The automotive sensor market in Europe and Rest-of-the-World are expected to witness significant growth over the forecast period because of the stringent government regulations on fuel emission and safety of vehicles. Also, a strong recovery in vehicle production & sales along with the continuous demand for safety and comfort features propel the growth of the market in these regions.

Due to the increasing demand for more efficient and safer vehicles, the Europe automotive sensor market is emerging as a profitable market. The European region is to grow at the highest CAGR over the review period.

The North America, automotive sensors market, is expected to witness rapid growth over the forthcoming period. Factors such as the infrastructure development and increasing population with high disposable income are propelling the growth of the automotive sensors market in the region. The US dominates the regional market followed by Mexico and Canada. America has the third-largest share in global automotive sensor market and is expected to grow with a substantial CAGR during the forecasted period. 

Latest Industry News:

Infineon Technologies AG (Germany), a leading semiconductor manufacturer, launched its new dual-channel Hall sensor - the TLE4999I3. The sensor IC incorporates two Halls into one device for strictly regulated automotive applications. The TLE4999I3 sensor is the first in the world to monolithically integrate two Hall sensors for automotive safety integrity level (ASIL D) in automotive systems.

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Automotive Sensors Market

5 Industry Overview Of Global Automotive Sensors Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

Continued…

List of Tables:

Table 1 Global Automotive Sensors Market: By Region, 2017-2023

Table 2 North America Automotive Sensors Market: By Country, 2017-2023

Table 3 Europe Automotive Sensors Market: By Country, 2017-2023

Table 4 Asia-Pacific Automotive Sensors Market: By Country, 2017-2023

Table 5 Middle East & Africa Automotive Sensors Market: By Country, 2017-2023

Table 6 Latin America Automotive Sensors Market: By Country, 2017-2023

Continued…

List of Figures:

FIGURE 1 Global Automotive Sensors Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Automotive Sensors Market

FIGURE 4 Value Chain Of Global Automotive Sensors Market

FIGURE 5 Share Of Global Automotive Sensors Market In 2017, By Country (In %)

Continued…

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