Asia-pacific Accounts for Largest Automotive Sensor Market Share by Steve Blade · January 4 Cheap Air Max Sequent , 2019
The industry analysis report on聽automotive sensors market published by Goldstein Research shows that the聽Inclination of people towards safety features such as driver attention detection systems, airbags, emergency braking and cruise control. Miniaturization and advanced communication capabilities are the major trends driving the global automotive sensors market, which enables the integration of sensors in automobiles without intruding the basic functionality of the vehicle. Further, technological advancements such as big data, IoT Cheap Air Max Motion , telematics and autonomous cars will further boost the automotive sensors market growth.
Global automotive sensors market outlook also includes new business models, product developments and capital investment as the key strategies adopted by the major players for the significant expansion of business in developed and as well as in developing countries across the globe. Additionally, automotive sensor’s demand in the aftermarket for retrofitting of advanced systems into existing vehicles is also expected to enhance the demand of sensors in the aftermarket.
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The global automotive sensors market is expected to increase at a CAGR of 7.8% over the forecast period i.e. 2016-2024. The global automotive sensors market is accounted for USD 24.7 billion in 2016 and anticipated to reach USD 43.7 billion by 2024 whereas sensors market in all industries is set to harness market revenue of USD 250 billion by 2025 growing at a CAGR of 11.60% over the forecast period (2017-2025).
Market Segmentation
On the basis of our in-depth analysis, global automotive sensors market can be segmented as follows:
By Sensors Type
Temperature Pressure Speed LevelPosition MEMS (Microelectromechanical systems) Magnetic Gas Inertia LiDAR (Light Detection And Ranging) Others (NOx Sensors etc.)
By Applications
Powertrain Chassis Body Electronics Vehicle Security Systems Alternative Fuel Vehicle Telematics
North America (US, Canada) {Market Share (%), Market Size (USD Billion)} Europe (UK Cheap Air Max Modern , France, Italy, Germany, Spain, Hungary, Sweden Cheap Air Max Mercurial , Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)} The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion) } Latin America (Brazil Cheap Air Max Invigor , Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion) } Asia Pacific (China, Japan, India, Singapore, South Korea Cheap Air Max Fury , Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion) }
Based on geography, Asia-pacific accounts for largest automotive sensors market share and is anticipated to continue its dominance over the forecast period 2016-2024.
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鈥淕lobal Automotive Sensors Market Outlook 2024鈥?contains the detailed overview of the global automotive sensors market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by sensors, by application and by vehicle type.
The聽Global Automotive Sensors聽Market Analysis encompasses the industry growth drivers Cheap Air Max Flyknit , market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter鈥檚 five force model and SWOT analysis.
This market research report also includes the portfolio of some major players in the industry such as Robert Bosch GmbH, General Electric Company Cheap Air Max Flair , Denso Corporation, Freescale Semiconductor, Delphi Automotive, Analog Devices .
The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook Cheap Air Max Dynasty , products, services and industries catered, financial analysis of the company and recent developments.
Key questions answered in this Global Automotive Sensors Market Report
What is the global automotive sensors market Size by 2024 and what would be the expected growth rate of the industry? What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period? What are the automotive sensors market trends? What are the factors which are driving this industry? What are the major barriers to automotive sensors industry growth? Who are the key vendors in this industry space? What are the industry opportunities for the existing and entry-level players? What are the recent developments and business strategy of the key players?
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Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
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01.11.2019 03:56
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