PUBLISHED BY :ACCURIZE MARKET RESEARCH PVT. LTD. Copyright © 2019 Accurize Market Research Global Automotive Sensors Market 2017 – 2025

Global Automotive Sensors Market is Estimated to Reach $39.8 Billion by 2024 Copyright © 2019 Accurize Market Research  Global automotive sensors market report published by Accurize Market Research forecast that the global market is expected to reach $39.8 billion by 2024; growing at a CAGR of 7.1% from 2017 to By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.automotive sensors market  Request Sample: sensors-market/sample-request

Global Automotive Sensors Market is Estimated to Reach $39.8 Billion by 2024 Copyright © 2019 Accurize Market Research  Increasing growth of wireless sensing in an automotive application and rising demand for automotive sensors in electric power steering application across the globe to drive the growth of the market  Increasing growth of wireless sensing in an automotive application and rising demand for automotive sensors in electric power steering application fuels the demand for the global automotive sensors market. Moreover, the growing use of ADAS application also boosts the growth of the market.

Market Segmentation Copyright © 2019 Accurize Market Research  The global automotive sensors market has been bifurcated on the basis of type, component, and geography. By type, the segment is bifurcated as a gas sensor, motion sensor, MEMS sensor, pressure sensor, and temperature sensor. A component is further classified as chassis, body electronics, powertrain, and safety & security.  Request Customization: sensors-market/ask-for-customization

Market Segmentation Copyright © 2019 Accurize Market Research  By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).  The U.S., Canada, and Mexico are covered under North America wherein Europe covers the UK, Germany, France, Italy, and others.  Asia-Pacific covers China, India, Japan, South Korea, and others. While Rest of the World covers South America, The Middle East, and Africa.

Market Segmentation Copyright © 2019 Accurize Market Research  “MEMS sensors accounted for the largest market share in the type segment", says Accurize  By type, MEMS sensors held the largest market share in 2017, while, the gas sensor will attain the fastest CAGR. The component segment includes chassis, body electronics, power train, and safety and security. Power train accounted for the largest share in this segment, and body electronics will dominate with the highest market rate during the forecast period.

Market Segmentation Copyright © 2019 Accurize Market Research  “Europe dominated the global market with the highest market share over the forecast period", says Accurize  In 2017, Europe accounted for the largest market share with 35%, owing to the increasing popularity of connected cars, and availability to a variety of advanced technologies. Asia-Pacific accounted for the second-largest market share with 31% and is expected to grow with the highest CAGR during the forecast period, driven by increasing demand for an enhanced communication system, high vehicle sales, and increased disposable income.

Top players in the market Copyright © 2019 Accurize Market Research The key market players include  Robert Bosch GmbH,  DENSO Corporation,  Delphi Automotive PLC,  Continental AG,  Analog Devices, Inc.,  Hitachi Appliances Inc.,  Autoliv Inc.,  Infineon Technologies AG,  Technologies, Inc.,  STMicroelectronics among others.

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