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(Transportation-News.com, March 16, 2016 ) According to MEMS Journal Inc., in 2014, roughly, 85 million new light vehicles (light trucks and passenger cars) have been shipped worldwide. The annual shipment of light vehicles is expected to reach 110 million, by 2020. On an average each vehicle uses 60-100 on board sensors. With growing market of electric and hybrid cars, and upsurge in government concern towards passenger safety, the number of sensors used in the vehicle is expected to reach 200 per car by the end of 2020.
Explore more or request TOC on Global Automotive Sensor Market at: https://www.psmarketresearch.com/market-analysis/automotive-sensor-market
Based on the type, the global automotive sensor market can be broadly classified, as temperature sensor, pressure sensor, speed sensor, position sensor, gas sensor, accelerometer, gyroscope inertial combo sensor (combination of accelerometer and gyroscope) and others. On the basis of different application of sensors in automotive industry, the global automotive sensor market can be bifurcated, as powertrain, body electronics, vehicle security system, safety and control, telematics, and others. Based on vehicle type, the global automotive sensor market can be classified as passenger cars, electric and hybrid vehicle, and other vehicles. Based on product, the global automotive sensor market can be classified as physical property, chemical property, process variables, proximity and positioning; and others.
Automobile manufacturers are facing crucial issues related to safety requirements from long time. As a result, the government regulation towards the passenger safety and environment has become stringent, in the recent years. Several new and advanced safety features, such as electronic stability control (ESC), advanced driver assistance systems, (ADAS), tire pressure monitoring systems (TPMS), anti-lock braking system (ABS) and others are used in passenger car and light motor vehicles globally. The vehicle safety regulation in western countries are more stringent as compared to the developing countries; however with increasing number of privately owned vehicles and increasing incidences of safety violations by the vehicle manufacturers, the vehicle safety norms and standards in the developing countries is also expected to become strict, during forecast period.
Browse related market research at: https://www.psmarketresearch.com/industry-report/semiconductor-and-electronics
Some of the competitors in the automotive sensor market are Texas Instruments, Tekscan, Sensata Technologies, Robert Bosch GMBH, Measurement Specialties, Maxim Integrated, Infineon Technologies, GE Measurement & Control Solutions, Freescale Semiconductor, Denso Corporation, ATI Industrial Automation, Asahi Kasei Corporation, and Analog Devices.
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