Global Automotive Sensors Market

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Global Automotive Sensors Market 2017 2025

• Published by Accurize Market Research Pvt. Ltd.

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Global Automotive Sensors Market is Estimated to
Reach 39.8 Billion by 2024

• Global automotive sensors market report published
  by Accurize Market Research forecast that the
  global market is expected to reach 39.8 billion
  by 2024 growing at a CAGR of 7.1 from 2017 to
  2025. By geography, the Asia Pacific and North
  America are expected to grow at a CAGR of XX and
  XX, respectively, during the forecast period.
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• https//www.accurizemarketresearch.com/report/auto
  motive-sensors-market/sample-request

3
Global Automotive Sensors Market is Estimated to
Reach 39.8 Billion by 2024

• Increasing growth of wireless sensing in an
  automotive application and rising demand for
  automotive sensors in electric power steering
  application across the globe to drive the growth
  of the market
• Increasing growth of wireless sensing in an
  automotive application and rising demand for
  automotive sensors in electric power steering
  application fuels the demand for the global
  automotive sensors market. Moreover, the growing
  use of ADAS application also boosts the growth of
  the market.

4
Market Segmentation

• The global automotive sensors market has been
  bifurcated on the basis of type, component, and
  geography. By type, the segment is bifurcated as
  a gas sensor, motion sensor, MEMS sensor,
  pressure sensor, and temperature sensor. A
  component is further classified as chassis, body
  electronics, powertrain, and safety security.
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5
Market Segmentation

• By geography, the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW).
• The U.S., Canada, and Mexico are covered under
  North America wherein Europe covers the UK,
  Germany, France, Italy, and others.
• Asia-Pacific covers China, India, Japan, South
  Korea, and others. While Rest of the World covers
  South America, The Middle East, and Africa.

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Market Segmentation

• MEMS sensors accounted for the largest market
  share in the type segment", says Accurize
• By type, MEMS sensors held the largest market
  share in 2017, while, the gas sensor will attain
  the fastest CAGR. The component segment includes
  chassis, body electronics, power train, and
  safety and security. Power train accounted for
  the largest share in this segment, and body
  electronics will dominate with the highest market
  rate during the forecast period.

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Market Segmentation

• Europe dominated the global market with the
  highest market share over the forecast period",
  says Accurize
• In 2017, Europe accounted for the largest market
  share with 35, owing to the increasing
  popularity of connected cars, and availability to
  a variety of advanced technologies. Asia-Pacific
  accounted for the second-largest market share
  with 31 and is expected to grow with the highest
  CAGR during the forecast period, driven by
  increasing demand for an enhanced communication
  system, high vehicle sales, and increased
  disposable income.

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Top players in the market

• The key market players include
• Robert Bosch GmbH,
• DENSO Corporation,
• Delphi Automotive PLC,
• Continental AG,
• Analog Devices, Inc.,
• Hitachi Appliances Inc.,
• Autoliv Inc.,
• Infineon Technologies AG,
• Technologies, Inc.,
• STMicroelectronics among others.

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