Increasing Demand For Fuel Efficiency, Safety, And Reduced Emissions To Promote Better Driving Experience Augments The Demand For Automotive Sensors.
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The automotive sensors measure the physical, chemical, and temperature change in a vehicle and send signals to the driver. This application needs robust sensors for tolerating harsh conditions.
The pressure sensors are installed inside the fuel line. Stable packaging is important for these sensors to tolerate the instability that occurs due to the thermal coefficient of expansion.It helps in optimization of fuel, which adds to an excellent cabin experience. Increasing number of automobiles will drive the growth of the Automotive Pressure Sensors Market.
Energy saving is very important for the economy growth and the government has forwarded several policies to save energy.
Scope & Regional Forecast of the Automotive Pressure Sensors Market
The Automotive Pressure Sensors Market is expected to witness a decent growth during the forecast period. Increasing demand for fuel efficiency, reduced emissions, safety to provide better driving experience boosts the demand for the pressure gauge.
The components in an auto sensor include passenger airbags, anti lock braking system, traction control system, tire pressure monitoring system, and electronic stability control.
The popularity of micro electromechanical systems and nano electromechanical systems provide opportunities for the growth of pressure measurement in automobiles. Micro sensors can measure parameters like temperature, magnetic field, pressure, chemical composition,.
Passenger Vehicle segment recorded the highest growth in 2016. This growth will continue in the coming years.
The factors responsible for the growth of this segment are industrial output, population demographics, and economy. Asia Pacific has the highest growth and this trend will continue in the future.
The region has the largest growing automobile industry. This supports the demand for auto air pressure sensor.
The demand for the pressure sensor array will also be beneficial for the manufacturers for boosting their market share. High installation and replacements costs restrict the market growth.
Segmentations & Key Players Involved in the Automotive Pressure Sensors Market
- Product Type- Piezoresistive Pressure Sensor and Capacitive Pressure Sensor.
- Application- Passenger Vehicles and Commercial Vehicles.
- Region- North America, China, Europe, Southeast Asia, Japan, and India.
Some of the key players involved in the Automotive Pressure Sensors Market are as follows:
- Infineon Technologies
- Sensata Technologies
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