Automotive Sensors Market Research Report and Forecast up to 2021 Automotive Sensors Market - Global Industry Analys

Automotive Sensors Market - Global Industry
Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2021
This market research study analyzes the automotive sensors market on a global
level, and provides estimates in terms of revenue (USD billion) from 2015 to 2021. It
recognizes the drivers and restraints affecting the industry and analyzes their
impact over the forecast period. Moreover, it identifies the significant opportunities
for market growth in the next few years. In recent years, there has been increasing
demand for vehicle driver safety and emission control in various countries which
have shifted the focus of automotive OEMs with driver assistance systems and
exhaust gas recirculation systems.
Automotive sensors find application in various automobile components such as
powertrain control system, climate control, Anti-lock Braking System (ABS) &
Electronic Stability Programme (ESP) system, airbag restraint system, power
steering system, engine management system, camshaft position sensor, crankshaft
position sensor and body dynamics control system. These provide occupants of
vehicles with better comfort, driver safety and security among other related
benefits.
This 84 page report gives readers a comprehensive overview of the
Automotive Sensors market Browse through 11 data tables and 35 figures
to unlock the hidden opportunities in this market.
http://www.transparencymarketresearch.com/automotive-sensor-market.html
The major opportunities of automotive sensors include steer-by-wire and automated
highway driving. These systems are in the conceptual stage and major players such
as Robert Bosch GmbH and Tesla Motors, Inc are already testing automated highway
driving which would help people drive more safely and conveniently in the future.
The increasing demand for automobiles due to the increase in disposable income in
Asia Pacific is one of the major factors fueling the demand for automotive sensors.
In addition, increasing government safety regulations and emission control is also
boosting the automotive sensors market. Body control system, power steering
system, climate control and ABS are some of the basic features provided by
manufacturers as a standard option in vehicles at present. Moreover, hybrid and
fuel cell vehicles have an exponential use of sensors for hydrogen leak detection,
current monitoring, motor speed and position among others.