Automotive Sensors Market 2022 Size, Share, Regional Sales, Key Players, Growth

Posted by Diya on March 22nd, 2022

Global Automotive Sensors Market Size research report 2021 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.

This study provides information about the sales and revenue during the historic and forecasted period of (2021 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Automotive Sensors Market report.

June 2020 – Vitesco Technologies, Continental AG\'s powertrain division, has developed a partnership with ROHM Semiconductor, a silicon carbide power device. Vitesco plans to use this technology in electric vehicle high-power electronics.

Important Features that are under Offering and Key Highlights of the Market Report:

  • Detailed overview of the global market share
  • Changing market dynamics of the industry
  • In-depth market segmentation by Type, Application, etc.
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Automotive Sensors Market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising market growth

Drivers & Restraints

Modern vehicle restraint systems utilize side airbag pressure sensors to satisfy passenger car safety requirements. The pressure sensor is integrated into the vehicle\'s side doors and sends digital crash signals to the central airbag unit. Furthermore, the air pressure sensor improves engine efficiency by effectively controlling spark advances in gasoline and diesel engines. Hence, the market is expected to develop due to the rising use of pressure sensors in the engine and the vehicle\'s safety system. The autonomous abilities of commercially available vehicles are anticipated to develop rapidly over the next several years due to increasingly stringent regulations and safety tests (in particular, emergency brake assist) and growing awareness regarding vehicle safety. For instance, in developed countries, functions like cruise control and lane-keep assist are mandatory on all vehicles, and regulations for blind-spot monitoring, particularly in Europe.

Key players covered in the global Automotive Sensors Market research report:

  • Robert Bosch GmbH 
  • Infineon Technologies AG 
  • STMicroelectronics 
  • Continental AG 
  • Denso Corporation 
  • NXP Semiconductors 
  • Texas Instruments Incorporated 
  • Allegro Microsystems, LLC 
  • CTS Corporation 
  • Elmos Semiconductor 
  • Sensata Technologies

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Diya

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Diya
Joined: March 26th, 2020
Articles Posted: 6

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