Vehicle Pressure Sensors Market Growth Analysis, Trends Forecast by Regions and Types to 2023

30th Apr 2020 – The global Vehicle Pressure Sensors Market is estimated to grow at an exponential CAGR by the year 2023. In the modern-day automotive industry, temperature sensing and climate control are among the vital functions in automotive electronics. They can instantly determine the intensity of warmth and the direction of incoming solar rays.

“An increase in vehicular population has raised environmental concerns, especially across the fast-growing countries. This has impelled the government to enforce strict vehicle safety and emission norms to regularize the adverse effect of air pollution. This has propelled adoption of the EGR system, airbag and ABS among automobile manufacturers, thereby, driving a huge demand for pressure sensors over the forecast year.”

The vehicle pressure sensor market is primarily driven by the growing disposable income of millennial population and is set to experience a further boost during future prospects.

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The vehicle pressure sensors market has been segmented into alternative fuel vehicles, light commercial vehicles, and heavy commercial vehicles based on its type. By type, the market can be bifurcated into Body Electronics and power train. Adoption of advanced utilities and luxury automotive continue to propel the sales for light weight vehicles over the commercial segment.

Leading Players Analysis

  • Bosch
  • Continental
  • Denso
  • Infineon Technologies
  • Sensata Technologies
  • Analog Devices
  • AVL
  • Delphi
  • Emerson Electric
  • Freescale (NXP Semiconductors)
  • Murata Manufacturing
  • Silicon Microstructures
  • STMicroelectronics
  • TE Connectivity

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Vehicle Pressure Sensors in these regions, from 2012 to 2023 (forecast), covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Columbia)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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