Global Automotive Sensors Market Projected to grow at a CAGR of 7.8% over the Forecast Period 2016-2024

Posted on 2018-08-29 by Goldstein Research in Automotive // 0 Comments

New York, USA, 2018-Aug-29 — /EPR Network/ —According to Goldstein Research, global automotive sensors market estimated at USD 24.7 billion in 2016, which is estimated to reach USD 43.7 billion by 2024, growing at a CAGR of 7.8% over the forecast period 2016-2024. The two major factors, growth in vehicle sales and increasing passenger safety are driving the growth of global automotive sensors market.

Global automotive sensors market is dominated by Asia Pacific and it is expected to dominate the market in near future due to increasing sales of automobiles, stringent fuel emission and passenger safety regulation by the governments and emergence of connected vehicles market. Moreover, China is witnessed as the largest automotive market and by 2020 it is expected to reach the automotive sensors sales of 30 million vehicles.

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Market Segmentation

Global Automotive Sensors Market can be segmented as follows:

By Sensors Type

Temperature
Pressure
Speed
Level/Position
MEMS (Micro electromechanical systems)
Magnetic
Gas
Inertia
LiDAR (Light Detection And Ranging)
Others (NOx Sensors etc.)

By Applications

Powertrain
Chassis
Body Electronics
Vehicle Security Systems
Alternative Fuel Vehicle
Telematics

By Vehicle Type

Passenger Cars
Commercial vehicles
Others (Two wheelers)

By Region

North America Automotive Sensors Market Analysis, 2016-2024
Europe Automotive Sensors Market Analysis, 2016-2024
Middle East And Africa Automotive Sensors Market Analysis, 2016-2024
Latin America Automotive Sensors Market Analysis, 2016-2024
Asia Pacific Automotive Sensors Market Analysis, 2016-2024
Rest Of The World Automotive Sensors Market Analysis, 2016-2024

Browse Full Report: https://www.goldsteinresearch.com/report/automotive-sensors-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

“Global Automotive Sensors Market Outlook 2024” contains detailed overview of the global automotive sensors market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by sensors type, applications, vehicle typeand geography.

The Global Automotive Sensors Market Report highlights the in-depth analysis of automotive sensors market report that will help the clients to assess their business strategies as per the competitive environment in the market space. The competitive outlook of major global players discussed in the global automotive sensors market report includes the business strategies, revenue distribution, financial analysis, product portfolio, R&D activities andinvestments.

Major players of the global automotive sensors market discussedin the report are: Robert Bosch GmbH, General Electric Company, Denso Corporation, Freescale Semiconductor, Delphi Automotive, Analog Devices Inc., Casco Automotive Group, Infineon technologies, Sensata Technologies,etc.

Further, Global Automotive Sensors Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the market. The Automotive Sensors Market outlook also comprises of key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The market research report also highlights the expert analysis to provide complete overview of the market including the PESTLE analysis of each region and country.

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our industry research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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