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Global Automotive Sensors Market to Grow at a CAGR of 6.92% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Automotive Sensors Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 03/28/2016 -- Report forecast the global automotive sensors market to grow at a CAGR of 6.92% during the period 2016-2020.

A sensor is a device that detects changes in its immediate environment by picking stimulus changes and updates the system electronically. Sensors are engineered to detect chemical, physical, and process changes. A sensor sends out electronic signals, which are measured and recorded, and based on the information a corrective change is executed. There are many types of automotive sensors, such as pressure sensors, wheel speed sensors, temperature sensors, fluid-level sensors, and emission sensors, among others.

The report covers the present scenario and the growth prospects of the global automotive sensors market for the period 2015-2020. The market has been calculated on the basis of sales revenue. The report considers automotive sensors at the OEM level and does not include the aftermarket sales.

The market is divided into the following segments based on geography:
- Americas

According to the report, the automotive industry has been witnessing growing consumer demand for fuel-efficiency, safety, and reduced emissions in the interests of promoting a better driving and travel experience. This is increasing the number of sensors that measure the ambient conditions within the vehicle for passenger convenience and also ensure driver comfort. Seat pressure, A/C compressor, night driving lamps, and solar radiation sensors are some of the sensors that help improve traveling experience.

Further, the report states that the overall growth of the automotive sensors market will be affected due to high cost pressure on OEMs

Global Automotive Sensors Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Automotive Sensors Market: Bosch GmbH, Continental AG, Delphi Automotive plc, DENSO Corp., and Sensata Technologies Inc.

Other Prominent Vendors in the market are: Avago Technologies, Bourns, CTS, Faurecia, GE Measurement & Control Solutions, Gill Sensors & Controls, Hamamatsu, Hitachi Automotive Systems Americas, Hyundai KEFICO, Infineon Technologies, Murata, NGK Spark Plug, Panasonic, Stoneridge, Takata, Tenneco, Valeo, and ZF TRW.

Market driver
- Increasing end-user concerns about vehicle security and occupant and environment safety
- For a full, detailed list, view our report

Market challenge
- High cost pressure on OEMs
- For a full, detailed list, view our report

Market trend
- Autonomous cars becoming a reality to drive the market
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 90 pages and 49 Exhibit "Global Automotive Sensors Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by area of application, Market segmentation by sensor type, Market segmentation by vehicle type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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