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(Transportation-News.com, May 27, 2016 ) There has been a paradigm shift in technologies that has given rise to the extensive development of electronic components in automobiles. The dependence of vehicles on electronic components has increased rapidly over the past years, resulting in an increased use of electronic components in vehicles. Electronic components are used in powertrain systems to improve their functions and efficiency. The components assist powertrain systems to exchange messages, sense signals, and control signals for their operations. There are different types of sensors that are used in powertrain systems such as speed sensor, throttle position sensor, turbine speed sensor, and transmission fluid temperature sensor. Optoelectronics are increasingly being used in vehicles to automate the vehicle functions such as head lights and brake lights.
Publisher's analysts forecast the global automotive optoelectronics market to grow at a CAGR of 17.36% over the period 2014-2019.
View Report: http://www.reportsweb.com/global-automotive-optoelectronic-market-2015-2019 .
Publisher's report, Global Automotive Optoelectronics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key regions
- Americas
- APAC
- EMEA
Key vendors
- Avago Technologies
- Osram GmbH
- Philips
- Sharp
- Texas Instruments
Inquire Before Buying at http://www.reportsweb.com/inquiry&RW0001232473/buying .
Other prominent vendors
- Autoliv
- Foryard Optoelectronics
- FOSP Optoelectronics
- OSI Optoelectronics
- Vishay
Market driver
- Increased adoption of automotive safety systems
- For a full, detailed list, view our report
Market challenge
- High replacement costs
- For a full, detailed list, view our report
Market trend
- Increasing sales of hybrid vehicles
- For a full, detailed list, view our report
Buy Now at http://www.reportsweb.com/buy&RW0001232473/buy/2500 .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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