Future Market Insights has announced the addition of the “Automotive Crash Sensor Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.
Valley Cottage, NY -- (SBWIRE) -- 02/01/2016 -- Automotive crash sensor are reliable in nature and act as a safety function in harsh and challenging environment. Automotive crash sensors are products which measures the change in the environment such as speed, pressure, control and then converts them into signals.
Recently, BMW has introduced a new "Active Assist" technology in which laser sensors can keep a 360 degree vigil and breaks the vehicle before it hits any stationery object. For example, if one is driving very fast, with full throttle Active Assist will stops a few inches away, without a driver touches a vehicle. It also keeps a track of columns, walls and other stationery items, basically redrawing a map of the surroundings.
Automotive Crash Sensor Market: Drivers & Restraints
Technological advancement, increase usage of Engines Control Units (ECU's), increase use in applications like security, increase consumer awareness and preferences for safety systems, change in lifestyle are the most important driving factors in automotive crash sensor market. Since production of vehicle has increased worldwide, the demand for automotive crash sensor has increased.
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High pricing and installation rates, lack of stringent safety and security norms and less production are acting as a barrier for automotive crash sensor market.
Automotive Crash Sensor Market: Segmentation
Automotive crash sensor market is broadly classified on the basis of the following segments –
Vehicle Security and Safety
Fire Safety and Control
Electronics (example – Home Automation)
Automotive Crash Sensor Market: Overview
The automotive crash sensor has grown substantially at a healthy CAGR due to increase in demand of automotive vehicles. With rapid technological advancement and innovation and increase consumer awareness about safety and security, automotive crash sensor market is expected to grow globally. Asia Pacific will emerge as the fastest growing region in automotive crash sensor market.
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Automotive Crash Sensor Market: Region-wise Outlook
The automotive crash sensor is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, automotive crash sensor is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific is the fastest growing market due to the increase sale of automotive vehicle and rising disposable income.
Automotive Crash Sensor Market: Key Players
Some of the key market players in automotive crash sensor market are Continental AG, TRW, Delphi, Bosch, Sensata, Dorman, Daicel.