Motor Vehicle Sensor Market Opportunities Trends, Size, Development Status, TypePosted by akshayparmar on November 14th, 2017 Motor Vehicle Sensor Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025, the motor vehicle sensor market is expected to reach US$ 28.25 Bn by 2022, with the rising production and consumption of motor vehicles across the world. Governments of developed countries are focusing to reduce emission and greenhouse effect which is driving the demand for motor vehicle sensors. Increasing importance of vehicle and drivers safety also expected to increase the demand for motor vehicle sensors used for safety and security application across the world. Browse Full Report Visit - http://www.acutemarketreports.com/report/motor-vehicle-sensor-market Based on application, the market is classified into safety and security, engine and drivetrain, emission control and other. Engine and drivetrain was the largest application segment for motor vehicle sensors. The segment is expected to influence the growth of overall motor vehicle sensors market with rising production of motor vehicles. Sensors used for safety and security applications in motor vehicles are expected to witness the fastest growth with rising demand for driver assistance systems and integration of vehicle safety technologies. In addition, mandatory regulations to reduce vehicle emission are also driving the demand for motor vehicle sensors used for emission control application. The global motor vehicle sensor industry is highly fragmented with large number of international players. Some major players in the global motor vehicle sensor market include Denso Corporation, Robert Bosch, Valeo, Delphi Automotives, Continental AG and Hitachi Automotives among others.
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