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Automotive Sensors Market Study, Competitive Strategies, Key Manufacturers, New Project Investment and Forecast 2027

The global automotive sensors market accounted to US$ 8.17 Bn in 2018 and is expected to grow at a CAGR of 8.3% during the forecast period 2019 u2013 2027, to account to US$ 16.73 Bn by 2027.<br><br>APAC is considered to be the fastest growing economic region. The dominance of the region is majorly attributed to the presence of large numbers of Chinese automotive and sensors manufacturers. China is one of the prominent leaders in global electric vehicle development globally and ranks first in Asia Pacific region. Also, the country houses a number of automobile manufacturers, and in the current scenario, these Chinese automakers are making remarkable investments in order to procure advanced sensors. <br><br>Download Sample PDF Brochure at: https://www.theinsightpartners.com/sample/TIPTE100001001/<br><br>

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Automotive Sensors Market Study, Competitive Strategies, Key Manufacturers, New Project Investment and Forecast 2027

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  1. Automotive Sensors Market  Automotive Sensors Market to 2027 - Global Analysis and Forecasts by Type (LED, Image Sensors, Position Sensors, Temperature Sensors, Pressure Sensors, MEMS, Others); Application (Chassis, Safety & Security, Body Electronics, Powertrain, ADAS, Others); Vehicle Type (LCV, HCV, Passenger Car) E-Mail : sales@theinsightpartners.com

  2. Automotive Sensors Market  The global automotive sensors market accounted to US$ 8.17 Bn in 2018 and is expected to grow at a CAGR of 8.3% during the forecast period 2019 – 2027, to account to US$ 16.73 Bn by 2027.APAC is considered to be the fastest growing economic region. The dominance of the region is majorly attributed to the presence of large numbers of Chinese automotive and sensors manufacturers. China is one of the prominent leaders in global electric vehicle development globally and ranks first in Asia Pacific region. Also, the country houses a number of automobile manufacturers, and in the current scenario, these Chinese automakers are making remarkable investments in order to procure advanced sensors. Pertaining to the fact this, the quest for advanced technologies among the Chinese mass is significant, the development of advanced sensors is also rapid as compared to other countries in the region. This factor is heavily influencing the growth of sensors developed for automobiles in the country, which is substantially catalyzing the growth of automotive sensors market in Asia Pacific. Japan is another key influential country in Asia Pacific market for automotive sensors. This is due to the presence of huge number of sensors manufacturers constantly developing innovative products for various usage in automotive. Thus, the automotive sensors market is anticipated to witness growth in the APAC region. E-Mail : sales@theinsightpartners.com

  3. Automotive Sensors Market  The automotive industry across the globe are constantly facing pressures to integrate their vehicles with advanced electronics and semiconductor components in order to enhance the performance of the vehicles. The rising drift of electrification of vehicles is a major factor boosting the sensors market in automotive industry. Attributing to this, the automobile manufacturers are increasingly partnering with sensors manufacturers to meet the demands of their customers. For instance, in January 2018, Audi AG partnered with ON Semiconductor, to foster On Semiconductor’s innovations and integrate their semiconductors on their newer models, thereby satisfying constantly changing expectations of the consumers in terms of safety, reliability, and performance. The major catalyst for the growth of semiconductors in the automotive industry is attributed to the continuous partnerships between automotive manufacturers and semiconductor manufacturers. The automakers globally are observing substantial demand for smart devices in their vehicles. This has led the automobile manufacturers to continuously focus on innovating, designing and developing connected cars which have already attracted a fair percentage of customers in major automotive manufacturing countries. Pertaining to the consumers' demand and attraction toward connected cars, semiconductors are expected to become an integral part of the innovations in the automotive industry in the coming years. E-Mail : sales@theinsightpartners.com

  4. Automotive Sensors Market  The growth trajectory of connected cars is largely anticipated to depend upon several parameters such as technological improvements, consumer preference to adopt connected cars, pricing as well as the ability of the suppliers and OEMs to address the critical concerns related to the safety of the vehicles. Attributing to these parameters, both the industry players i.e. automotive and sensors industry are constantly focusing on improving technologies, negotiating prices of raw materials and the finally integrating the cars with robust technologies. Thus, this factor is expected to trigger the growth of the automotive sensors market in the coming years. The global automotive sensors market by type is segmented into LED sensor, image sensor, position sensor, temperature sensor, pressure sensor, MEMS, and others. The most prominent type in automotive sensors market accounted for position sensor segment which is due to significant demand for such sensors in automotive industry. LEDs held the second largest market in 2017, and is anticipated to lose its shares during the forecast period from 2019 – 2027.Get Research Sample here – https://www.theinsightpartners.com/sample/TIPTE100001001/ E-Mail : sales@theinsightpartners.com

  5. Automotive Sensors Market  The List of Companies Analog Devices Inc. Continental AG Delphi Technologies PLC Denso Corporation Infineon Technologies AG Melexis NXP Semiconductor N.V. On Semiconductor Robert Bosch GmbH Texas Instruments Inc. Get Discount on this Report@ https://www.theinsightpartners.com/discount/TIPTE100001001/ E-Mail : sales@theinsightpartners.com

  6. Automotive Sensors Market  E-Mail : sales@theinsightpartners.com

  7. Automotive Sensors Market  Table of Contents 1.             INTRODUCTION 1.1       SCOPE OF THE STUDY 1.2       THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 2.             KEY TAKEAWAYS 3.             RESEARCH METHODOLOGY 3.1       COVERAGE 3.2       SECONDARY RESEARCH 3.3       PRIMARY RESEARCH 4.             AUTOMOTIVE SENSORS MARKET LANDSCAPE 4.1       MARKET OVERVIEW 4.2       MARKET SEGMENTATION 4.2.1        Global Automotive Sensor Market – By Type 4.2.2        Global Automotive Sensors Market – By Application 4.2.3        Global Automotive Sensors Market – By Vehicle Type 4.2.4        Global Automotive Sensors Market – By Geography E-Mail : sales@theinsightpartners.com

  8. Contact us for more details: Pune: 533, 5th Floor, Amanora Chambers, East Block, Amanora Township, Kharadi Road, Hadapsar, Pune-411028 Contact Person : Karan Joshi Phone : +91-20-67271632 E-Mail : karan.joshi@theinsightpartners.com Gurgaon: 63, Ground Floor, UdyogVihar, Phase 1 Gurgaon, Haryana – 122016 E-Mail : sales@theinsightpartners.com United States: Contact Person : Sameer Joshi Email Id : sam@theinsightpartners.com Phone : +1-646-491-9876 E-Mail : sales@theinsightpartners.com

  9. Thank You E-Mail : sales@theinsightpartners.com

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