Recent Study: Sensors Market [(Temperature, Pressure, Speed, Level/Position, Oxygen, Nox) for Automotive Applications (Power Train, Body Electronics, Vehicle Security, Safety and Controls, Alternative Fuel Vehicles and Telematics)] 2012 - 2022
The world has suffered from global recession from 2008-2009. Automotive industry was also hit on a massive scale dropping total automotive production from 68 million units of light vehicle production to 58 million. Recession has changed the world automotive market upside down. Sales in developed markets such as the US, Western Europe and Japan fell nearly by 9%, 2% and 4% per year from 2004 to2009, while emerging markets like Brazil, China, and India grew by almost 14%, 26% and...
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