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Automotive Sensors Market to Reach $37 Billion, Globally, by 2022 PowerPoint Presentation
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Automotive Sensors Market to Reach $37 Billion, Globally, by 2022

Automotive Sensors Market to Reach $37 Billion, Globally, by 2022

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Automotive Sensors Market to Reach $37 Billion, Globally, by 2022

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  1. Automotive Sensors Market Global Opportunities and Industry Forecasts, 2014- 2022 Automotive Sensors Market by Type (Pressure, Temperature, Gas, MEMS and Motion), and Application (Powertrain, Body Electronics, Chassis, and Safety & security)

  2. Introduction • Automotive sensors detect, measure, and transmit the information, which helps in analyzing performance of the vehicles. These sensors utilize IC fabrication technology made on silicon wafers. • Automotive sensors monitor and control the chemical, physical and process changes of the automobiles. Sensors are used to minimize the fuel consumption, reduce on-board weight of vehicle and comply with government regulations towards the passenger’s safety. • The ability of the automotive sensors to monitor vehicle safety, engine efficiency, driving comfort and vehicle dynamic behaviour is expected to promote its demand in near future. Automotive Sensors Market

  3. Current and Future Market Scenario • Global Automotive Sensors Market is expected to reach $37 billion by 2022, states Allied Market Research. • Global Automotive Sensors Market will grow at a prominent CAGR of 7.5% % from 2014 to 2022. • MEMS sensor is expected to dominate this market from 2016 to 2022. • Europe would continue to lead, accounting for approximately 35% share. Automotive Sensors Market

  4. Market Segments Automotive Sensors Market

  5. Factors Contributing to Market Growth • Advanced technologies such as advanced driver assistance systems (ADAS), lane departure warning (LDW) systems are likely to provide huge impetus to the market growth. • Other factors that contribute to market growth are: • Increasing use of sensors in hybrid and electric cars. • Favorable legislations for use of automotive sensors. • Consumer concerns about vehicle security and environment safety (includes image sensor). Automotive Sensors Market

  6. TOP WINNING STRATEGIES • The winning strategies described below are a result of the analysis performed on company profiles of key players in the market. These results are gathered from the recent development of dominant players in the automotive sensors market. The automotive sensors market is largely driven by acquisitions and products launch strategies. Automotive Sensors Market

  7. Region Overview • Asia Pacific is anticipated to register the fastest CAGR of 8% during the forecast period. • Japan is the major shareholder accounting for about 27% share of the overall Asia-Pacific automotive sensors market. •  The growing demand of automotive sensors in North America and Asia-pacific have further boosted the market growth. Automotive Sensors Market

  8. Leading Players • The key players in the automotive sensors market are focused on expanding their business operations in the fast-growing emerging countries with new product launches as a preferred strategy. • The major key players profiled in this report include Robert Bosch GmbH, Denso Corporation, Continental AG Corporation, Sensata Technologies, Autoliv Inc., Infineon Technologies, Delphi Automotive LLP, Freescale Semiconductors, Analog Devices Inc. and Asahi Kasei Corporation. Automotive Sensors Market

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