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Automotive sensors market analysis and forecasts to 2021 made available by top research firm

Automotive sensors market analysis and forecasts to 2021 made available by top research firm

The analysts forecast global automotive sensors market to grow at a CAGR of 7.08% during the period 2017-2021. One trend in the market is advances in sensor types and emerging sensor applications.

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The applications of imaging sensors will proliferate with the advances in the design of sensors.

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The miniaturization of the sensor and lens may extend the scope of the application of cameras that detect and monitor in-car conditions. These cameras (along with image sensors) will likely detect different parameters to enhance the safety of the vehicle and its occupants.

Major key players in the global automotive sensors market: Bosch, Continental, Delphi Automotive, DENSO, Sensata Technologies, Autoliv, Bourns, CTS, Faurecia, GE Measurement & Control Solutions, Gill Sensors & Controls, Hamamatsu, Hitachi, Hyundai KEFICO, Infineon Technologies, Murata, NGK Spark Plug, NXP Semiconductors, Panasonic, ST Microelectronics, Stoneridge, Takata, Tenneco, Valeo, and ZF TRW.

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According to the automotive sensors market report, one driver in the market is ADAS and HMI considered prime factors of product differentiation. The gamut of consumer needs and OEM offerings has widened to include safety, performance, stability, and comfort, and these parameters are being refined and improved every day.

This evolution has outgrown the utility of conventional mechanical components (which lack the capabilities to solve several emerging automotive challenges). It has also led to a surge in the growth rate of the automotive electronics market, which has far surpassed growth in the overall automotive industry.

The introduction of special technological features, such as human-machine interface (HMI), is the only way to showcase product differentiation.

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Further, the automotive sensors market report states that one challenge in the market is cost pressure for sensor manufacturers. Auto OEMs are subject to high cost pressure due to the dynamism in the regulatory environment.

Environmental safety standards place pressure on OEMs to find the means to comply with regulations without incurring additional costs for consumers. Controlling emissions is bound to increase the vehicle cost.

According to National Automobile Dealers Association, the US CAFE standards may hike the manufacturing cost of a vehicle by $1,000. In addition, OEMs need to innovate drivetrain technologies to meet emission standards.

Dynamism in standards will further affect the cost of R&D and production processes.

Complete report on automotive sensors market spread across 86 pages, analyzing 25 major companies and providing 40 data exhibits now available at www.reportsnreports.com/reports/12…t-2017-2021.html.

Few Points from List of Exhibits Market:

Exhibit 1: Global Automotive Sensors Market

Exhibit 2: Global Automotive Sensors Market 2016-2021 ($ Billions)

Exhibit 3: Five Forces Analysis

Exhibit 4: Global Automotive Sensors Market By Application 2016 (%)

Exhibit 5: Global Automotive Sensors Market By Application 2021 (%)

Exhibit 6: Global Automotive Sensors Market By Application 2016-2021 (%)

Exhibit 7: Global Automotive Sensors Market For Powertrain and Engine Control 2016-2021 ($ Billions)

Exhibit 8: Global Automotive Sensors Market For Chassis Control 2016-2021 ($ Billions)

Exhibit 9: Global Automotive Sensors Market For Other Applications 2016-2021 ($ Billions)

Exhibit 10: Global Automotive Sensors Market By Vehicle Type 2016 (%)

Exhibit 11: Global Automotive Sensors Market By Vehicle Type 2021 (%)

Exhibit 12: Global Automotive Sensors Market By Vehicle Type 2016-2021 (%)

Exhibit 13: Global Automotive Sensors Market For Passenger Cars 2016-2021 ($ Billions)

Exhibit 14: Global Automotive Sensors Market For Commercial Vehicles 2016-2021 ($ Billions)

Exhibit 15: Global Automotive Sensors Market By Geography 2016 (%)

Exhibit 16: Global Automotive Sensors Market By Geography 2021 (%)

Exhibit 17: Global Automotive Sensors Market By Geography 2016-2021 (%)

Exhibit 18: Automotive Sensors Market in APAC ($ Billions)

Exhibit 19: Automotive Sensors Market in Americas ($ Billions)

Exhibit 20: Automotive Sensors Market in EMEA ($ Billions)

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