Automotive Sensor Market worth $35.78 Billion by 2022

June 12, 2014

DALLAS, June 12, 2014 /PRNewswire/ –

According to a new market research report of “Automotive Sensor Market by Product
(Pressure, temperature, level, speed, MEMS, oxygen, Nox), Application (powertrain, safety
& control, vehicle security, alternative fuel, telematics) and Geography – Forecast &
Analysis to 2013 – 2022″, published by MarketsandMarkets, the automotive sensor market is
expected to grow at a CAGR of 8.6% from 2014 to 2022 and reach $35.78 Billion in 2022.

Browse 98 Tables and 66 Figures spread through 325 Pages combined with an in-depth TOC
on “Automotive Sensor Market”.


In the present automotive industry, different types of sensors are being used in areas
ranging from engine performance, vehicle security to passenger safety and security in
order to provide comfortable and convenient vehicle behavior. The demand for sensors is
continuously growing in diverse automotive applications such as: safety and control,
powertrain, body electronics, vehicle security system, alternative fuel, telematics and
many others evolving and is continuously growing. The Automotive Sensor Market is
triggered due to a lot of factors. For automotive sensor market, worldwide vehicle
production, technology developments, customer taste and government mandates are acting as
a driver whereas, pricing issues, high expectations from automotive OEM and no
availability of aftermarket are acting as a restraints. The increasing demand of Advance
Driver Assistance Systems (ADAS) and hybrid and electric vehicle are the future
opportunities for automotive sensors.

The global Automotive Sensor Market by revenue is estimated to reach $35.78 Billion in
2022 at a CAGR of 8.6% from 2014 to 2022.

This report also covers the detailed classification of Overall Automotive Sensor
Market on the basis of different product types, applications and geographies. Each
sub-segment is given with extensive analysis, market size estimates, and revenue forecasts
from 2014 to 2022. Detailed value chain analysis and porter’s five forces analysis is also
given in this report. The major product types mentioned in the report includes,
temperature sensors, speed sensors, pressure sensors, oxygen sensor, MEMS sensors,
magnetic sensors, inertial sensors, level/position sensors, Nox (Nitrogen Oxide) sensor,
and others. The report also includes main application areas of sensors in automotives,
namely, powertrain, safety and control, telematics, vehicle security system, alternative
fuel, body electronics, and others. Market by geography consists of four major regions:
Americas, Europe, Asia-Pacific and Rest of the World. The market is also segmented on the
basis of major countries such as the U.S., Canada, the U.K., Germany, Japan, China, India,
Australia and many others.

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Early buyers will receive 10% customization on this report.

The competitive landscape section of the report provides the key strategies followed
by major players and their company profiles. Market share analysis for key industry
players with respect to different application and product types of automotive sensors is
also given in this section. Some of the leading market players includes: Analog Devices
(U.S.), ATI Industrial Automation (U.S.), Denso Corporation (Japan), Robert Bosch Gmbh
(Germany), Sensata Technologies (U.S.), Asahi Kasei Corporation (Japan), Freescale
Semiconductor (U.S.), Maxim Integrated (U.S.), Infineon Technologies (Germany),
Measurement Specialties (U.S.), Tekscan (U.S.), Texas Instruments (U.S.), and GE
Measurement and Control Solutions (U.S.), among others. The report also presents a
detailed analysis of the overall Automotive Sensor Market with market dynamics (drivers,
restraints and opportunities) and market size forecasts in terms of revenues and shipments
for detailed sub segments of the market.

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SOURCE MarketsandMarkets

Source: PR Newswire

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