Global Automotive Sensors Market report from Global Insight Services is the single authoritative source of intelligence on Automotive Sensors Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Automotive sensors are electronic components that detect and measure physical phenomena in automotive systems and convert them into electrical signals that can be read by electronic control units (ECUs). Sensors are used for a variety of purposes, including engine management, transmission control, safety systems, and infotainment systems.
There are many different types of automotive sensors, each designed to measure a specific physical phenomenon. Common sensor types include: temperature sensors, pressure sensors, speed sensors, position sensors, acceleration sensors etc.
Key Trends and Drivers
The growth of this market is propelled by the stringent emission and fuel economy norms, increasing demand for luxury and comfort features, and the growing demand for electric vehicles.
The automotive sensors market is expected to be driven by the increasing demand for luxury and comfort features in vehicles. The trend of adding luxury and comfort features in vehicles has been gaining traction in recent years, as consumers are becoming more aware of the available options and are demanding these features in vehicles.
The automotive sensors market is also expected to be driven by the increasing demand for electric vehicles. The electric vehicle market is expected to grow at a significant rate, owing to the stringent emission norms and the need to reduce the dependency on fossil fuels. The sensors play a vital role in electric vehicles, as they are used for various applications such as battery management, motor control, and others.
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Market Segments
The automotive sensors market is bifurcated on the basis of type, vehicle type, application, and region. On the basis of type, it is segmented into temperature sensors, pressure sensors, speed sensors, level/position sensors, and others. By vehicle type, it is analyzed across passenger cars and commercial vehicles. By application, the market is divided into powertrain, body electronics, vehicle security systems, and telematics. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Players
Major players operating in the automotive sensors market include Robert Bosch, Continental AG, DENSO Corporation, Infineon Technologies AG, BorgWarner, Inc., Sensata Technologies, Allegro Microsystems Inc., Analog Devices Inc., ELMOS Semiconductor, and Aptiv plc.
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