Automotive Sensors Market

The global Automotive Sensors market was valued at 2551.74 Million USD in 2021 and will grow with a CAGR of 3.84% from 2021 to 2027, based on Research newly published report.

The prime objective of Automotive Sensors Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Sensors Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A sensor is an electronic device that can detect changes in an environment and sending updates to the system electronically. It can identify chemical, physical, and process-based changes. Corrective action is taken based on the information send by the sensor. The number of sensors that monitor the onboard conditions in a vehicle has increased rapidly over the years. These sensors can measure many parameters such as temperature, pressure, fluid levels, speed, acceleration, and oxygen flow.Position sensors held the largest share in the market in 2016. Crankshaft and camshaft position sensors, among others, form vital parts in the functioning of a car. The increasing production of cars will further drive the demand for position sensors.

By Market Verdors:

• Bosch
• Continental
• Delphi Automotive
• DENSO
• Sensata Technologies
• Autoliv
• Bourns
• CTS
• Faurecia
• GE Measurement & Control Solutions
• Gill Sensors & Controls
• Hamamatsu
• Hitachi
• Hyundai KEFICO
• Infineon Technologies
• Murata
• NGK Spark Plug
• NXP Semiconductors
• Panasonic
• ST Microelectronics
• Stoneridge
• Joyson Safety Systems
• Tenneco
• Valeo
• ZF TRW

By Types:

• Pressure Sensor
• Temperature Sensor
• Speed Sensor
• Position Sensor
• O2 Sensor
• NOx Sensor
• Inertial Sensor
• Image Sensor

By Applications:

• Passenger Car
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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