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(Transportation-News.com, September 19, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Automotive Airbag Sensor market for 2018-2023. Airbag sensors are responsible for detecting sudden deceleration in a collision. It sends a signal to the airbag control unit which use the vehicle speed, yaw, seat belt and ECU to determine if an airbag should deploy in a crash. Sensors are used for detecting and responding to electrical or optical signals. A sensor converts physical elements (such as temperature, blood pressure, humidity, and speed) into an electrical form, which is easy to measure. They measure physical properties of the environment such as temperature, weight, size, and luminance. Sensors are classified based on the elements they detect and measure. They are basically divided into two types namely: Active sensors and passive sensors. Other common types of sensors are mechanical, electrical, radiation, magnetic, and chemical. It has been observed the death rate caused by road accidents is increasing every year and this draws the attention for introducing safety features such as airbags that can reduce fatalities during accidents. Technavio’s market research report has identified increasing vehicle safety with more airbags as one of the primary factors that will fuel the growth of the automotive airbag sensor market in the coming years. Airbags are present in steering panels, front instrument panels, and sides of car doors and the airbag sensor senses the probability of collision and sends a signal to electronic control unit (ECU) and the ECU deploy the airbag and prevents the passengers from getting injured. With the increasing safety awareness among the consumers, the number of airbags per vehicle will increase and this will drive the growth of this market. Over the next five years, this report projects that Automotive Airbag Sensor will register a 6.7% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Airbag Sensor market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Active Sensor Passive Sensor Segmentation by application: Driver Front Airbag Passenger Front Airbag Side Airbag Knee Airbag Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Daicel Corporation Hyundai Mobis Key Safety Systems ZF Friedrichshafen Dorman FH Group Ford Firestone Air Lift GM In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Automotive Airbag Sensor consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Automotive Airbag Sensor market by identifying its various subsegments. Focuses on the key global Automotive Airbag Sensor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Automotive Airbag Sensor with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Automotive Airbag Sensor submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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