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Global Automotive Sensors Market

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Global Automotive Sensors Market size is projected to be valued $39.8 Billion by 2024; with a CAGR of 7.1% from 2017 to 2025. In the automotive electronic system, sensors are important component for accurately – PowerPoint PPT presentation

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Title: Global Automotive Sensors Market


1
Global Automotive Sensors Market 2017 2025
  • Published by Accurize Market Research Pvt. Ltd.

2
Global Automotive Sensors Market is Estimated to
Reach 39.8 Billion by 2024
  • Global automotive sensors market report published
    by Accurize Market Research forecast that the
    global market is expected to reach 39.8 billion
    by 2024 growing at a CAGR of 7.1 from 2017 to
    2025. By geography, the Asia Pacific and North
    America are expected to grow at a CAGR of XX and
    XX, respectively, during the forecast period.
  • Request Sample
  • https//www.accurizemarketresearch.com/report/auto
    motive-sensors-market/sample-request

3
Global Automotive Sensors Market is Estimated to
Reach 39.8 Billion by 2024
  • Increasing growth of wireless sensing in an
    automotive application and rising demand for
    automotive sensors in electric power steering
    application across the globe to drive the growth
    of the market
  • Increasing growth of wireless sensing in an
    automotive application and rising demand for
    automotive sensors in electric power steering
    application fuels the demand for the global
    automotive sensors market. Moreover, the growing
    use of ADAS application also boosts the growth of
    the market.

4
Market Segmentation
  • The global automotive sensors market has been
    bifurcated on the basis of type, component, and
    geography. By type, the segment is bifurcated as
    a gas sensor, motion sensor, MEMS sensor,
    pressure sensor, and temperature sensor. A
    component is further classified as chassis, body
    electronics, powertrain, and safety security.
  • Request Customization
  • https//www.accurizemarketresearch.com/report/auto
    motive-sensors-market/ask-for-customization

5
Market Segmentation
  • By geography, the market is segmented into North
    America, Europe, Asia-Pacific and Rest of the
    World (RoW).
  • The U.S., Canada, and Mexico are covered under
    North America wherein Europe covers the UK,
    Germany, France, Italy, and others.
  • Asia-Pacific covers China, India, Japan, South
    Korea, and others. While Rest of the World covers
    South America, The Middle East, and Africa.

6
Market Segmentation
  • MEMS sensors accounted for the largest market
    share in the type segment", says Accurize
  • By type, MEMS sensors held the largest market
    share in 2017, while, the gas sensor will attain
    the fastest CAGR. The component segment includes
    chassis, body electronics, power train, and
    safety and security. Power train accounted for
    the largest share in this segment, and body
    electronics will dominate with the highest market
    rate during the forecast period.

7
Market Segmentation
  • Europe dominated the global market with the
    highest market share over the forecast period",
    says Accurize
  • In 2017, Europe accounted for the largest market
    share with 35, owing to the increasing
    popularity of connected cars, and availability to
    a variety of advanced technologies. Asia-Pacific
    accounted for the second-largest market share
    with 31 and is expected to grow with the highest
    CAGR during the forecast period, driven by
    increasing demand for an enhanced communication
    system, high vehicle sales, and increased
    disposable income.

8
Top players in the market
  • The key market players include
  • Robert Bosch GmbH,
  • DENSO Corporation,
  • Delphi Automotive PLC,
  • Continental AG,
  • Analog Devices, Inc.,
  • Hitachi Appliances Inc.,
  • Autoliv Inc.,
  • Infineon Technologies AG,
  • Technologies, Inc.,
  • STMicroelectronics among others.

9
Contact Us
  • Accurize Market Research Pvt. Ltd.
  • PUNE OFFICE 306, ZEN BUSINESS CENTER,
  • WAKAD, NEAR BHUMKAR CHOWK,
  • MUMBAI BANGALORE HIGHWAY,
  • PUNE-411057
  • Email help_at_accurizemarketresearch.com
  • Contact No 1-339-368-6383
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