Albany, NY -- (SBWIRE) -- 03/11/2019 -- Automotive sensors monitor and control the chemical, physical and process changes of the automobiles. Sensors are used to minimize the fuel consumption, reduce onboard weight of vehicle and comply with government regulations towards the passengers safety.
Asia Pacific automotive sensor market was the largest regional segment and is expected to grow at a CAGR of 8.7% from 2017 to 2025. This growth is attributed to the presence of key automobile manufacturers in this region, particularly in China and India.
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Asia Pacific was followed by Europe, which accounted for over 20.7% of the revenue share in 2017. North America also had a considerable revenue share and is expected to grow at a CAGR of 7.8% from 2017 to 2025. This growth is due to favorable legal situations, particularly in the U.S.
The global Automotive Sensor market is valued at 22800 million US$ in 2018 is expected to reach 37200 million US$ by the end of 2025, growing at a CAGR of 6.3% during 2019-2025.
This report focuses on Automotive Sensor volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Sensor market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Bosch
Continental
DENSO
Delphi
Sensata
Autoliv
Infineon
Freescale
STMicroelectronics
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Temperature Sensors
Position Sensors
Inertial Sensors
Pressure Sensors
Speed Sensors
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Segment by Application
Passenger Vehicle
Commercial Vehicle
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