Automotive Sensors Market to Hit a CAGR of 7.72% to 2020 Leading by APAC with Largest Shares

The automotive sensors market is expected to grow at a CAGR of 7.72% between 2015 and 2020. Safety and control applications are expected to drive the market growth. Image sensors are expected to grow at the highest rate during the forecast period.

The automotive sensors market is expected to grow at a CAGR of 7.72% between 2015 and 2020. Government regulations for safety, efficiency, and driver assistance; increasing vehicle production worldwide; and growing demand for sensors for the convenience and comfort are the major drivers for the automotive sensors market.

Complete report on global automotive sensors market spread across 203 pages, profiling 15 companies and supported with 92 tables and 67 figures is now available at http://www.rnrmarketresearch.com/automotive-sensor-market-by-product-pressure-temperature-level-speed-mems-oxygen-nox-application-powertrain-safety-control-vehicle-security-alternative-fuel-telematics-and-geography-market-report.html .

The market for image sensors is expected to grow at the highest CAGR during the forecast period. The ability of image sensors to detect and convey the information that constitutes an image has found its application in various safety applications such as collision avoidance systems, lane departure warning systems, lane change assistance, driver drowsiness detection among others and is expected to drive the market.

Asia-Pacific accounted for the largest share of the automotive sensors market in 2014 and is expected to grow at the highest CAGR during the forecast period. Increasing automobile production in China, India, and Indonesia is expected to drive the market in the region.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key opinion leaders in the amines market were conducted. In Tier 1 (53%), Tier 2 (27%) and Tier 3 (20%) companies. The interviews were conducted with various key people such as C-level (48%), Director Level (33%), and others (19%) operating in the automotive sensors market. The primary interviews were conducted worldwide covering regions such as North America (43%), Europe (22%), APAC (19%) and RoW (16%).

Key players in the market include Robert Bosch GmbH (Germany), Continental AG (Germany), DENSO Corporation (Japan), Delphi Automotive Plc(U.K.), Autoliv Inc. (U.S.), Autoliv Inc. (U.S.), Sensata Technologies, Inc. (U.S.), Infineon Technologies AG (Germany), Freescale Semiconductor Ltd. (U.S.), and STMicroelectronics N.V. (Switzerland) among others. Ask for a discount before order a copy of Automotive Sensors Market by Type (Temperature, Position, Inertial, Pressure, Image, and Others), Application (Powertrain, Chassis, Exhaust, Body Electronics, Safety & Control, Telematics, and Others), and Geography - Global Forecast to 2020 research report at http://www.rnrmarketresearch.com/contacts/discount?rname=178943 .

This report includes the market statistics pertaining to sensor type, application, and geography along with their respective revenue. The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the automotive sensors market. Major drivers, restraints, and opportunities for the automotive sensors market have been detailed in this report. Illustrative segmentation, analysis, and forecast for markets based on sensor type, application, and geography have been conducted to give an overall view of the automotive sensors market. A detailed competitive landscape includes key players, in-depth analysis, and revenue of key players.

On a related note, another research titled Motion Sensors Market Global Forecast to 2020 says, the The global motion sensor market was valued at USD 3.10 billion in 2014 and is projected to reach USD 6.45billion by 2020, at a CAGR of 12.93% from 2015 to 2020. The report includes company profiles of major players; their recent activities in the market, including new product launches, mergers & acquisitions, collaborations, and partnerships; and SWOT analysis. Companies like Bosch Sensortec GmbH, Freescale Semiconductor Ltd., ST Microelectronics, MEMSIC, Inc., Microchip Technology, Inc., InvenSense, Inc., Kionix, Inc., Honeywell International, Inc., Murata Manufacturing Co., Ltd. and Analog Devices, Inc. have been profiled in this 139 pages research report available at http://www.rnrmarketresearch.com/motion-sensors-market-global-forecast-analysis-2011-2016-by-technology-passive-infrared-ultrasonic-microwave-tomographic-dual-technology-hybrid-application-types-consumer-electronics-market-report.html .

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