Asia Pacific Automotive Pressure Sensor Market
Posted by geeta narwade on February 10th, 2020
Asia Pacific Automotive Pressure Sensor Market is expected to reach USD XX Billion by 2026 from USD XX Billion in 2018 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).
Sensors have huge applications across different industries with the main purpose lying on delivering better reliability, efficiency, and security throughout the vehicle lifecycle. Different designing and manufacturing methodologies are used for manufacturing automotive pressure sensors for creating a robust prototype of sensors in this demanding environment.
Selection of material property, as well as circuit design principles, are all covered within the designing of pressure sensors. Cost-sensitive designs are made to meet a range of expectations related to automotive specifications. Defective units along with manufacturing fallout are analyzed for making changes and improvements in design as well as a manufacturing process. These pressure sensors are made adaptable for both low-pressure and high-pressure ranges. Post assembling calibration is done which along with the low-cost act as some major drivers for application of pressure sensors in the automotive sector. Solid-state pressure transducers that are capacitive in nature are present inside sensors for delivering linear output voltage that is proportional to applied pressure.
Technology, transduction type, electric vehicle type, vehicle, application, and geography are the segments based on which the market for automotive pressure sensors is divided. Considering the technology segment, it is MEMS that has held the largest market share. The growing application of miniaturized systems, ICs, and components across different industries has led to the high demand for MEMS.
MEMS in the automotive sector is used for delivering better functional reliability along with faster assembling as compared to other systems. On the basis of transduction type, automotive pressure sensors market has been segmented into optical, capacitive, resonant and piezoresistive among others. Piezoresistive segment became the dominant type here with certain factors like higher engine optimization, safer emission control along with cleaning soot particles generated from exhaust gases by diesel engines boosting the overall demand for this type.
Passenger cars and commercial vehicles have been two segments based on which automotive pressure sensor market has been divided. Passenger cars led the overall market with the higher availability of both product and related services acting as some of the key trends that have boosted the overall demand. Battery, fuel-cell, hybrid and plug-in hybrid electric vehicles have formed different application areas for automotive pressure sensors in the Asia Pacific. Battery electric vehicle formed the largest segment here with the growing availability of batteries, quicker access to gas stations along with higher demand for environmentally sustainable vehicles acting as some of the major drivers for huge application of pressure sensors in battery electric vehicles.
The Asia Pacific has been a hub of manufacturers that make sensors with China, India, and Taiwan being some of the major countries contributing to overall growth. There has also been a large demand for technologically advanced sensors that have better efficiency and reliability in terms of functioning. Rise in government grants to improve industrial infrastructure along with the availability of cheap labor and raw materials has been few key factors that have led to large-scale production of automotive sensors.
Bloomberg, Hoovers, and Factiva are some of the paid databases referred in order to gain insights about the Asia Pacific Automotive Pressure Sensor Market. Opinions from experts along with other stakeholders from major market players have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the regional and country-wise size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the automotive pressure sensor market globally.
Some of the key players of the Asia Pacific Automotive pressure sensor market include:
Key Target Audience:
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The Scope of the Asia Pacific Automotive Pressure Sensor Market:
The research report segments Asia Pacific Automotive pressure sensor market based on technology, transduction type, vehicle, electric vehicle type, applications, and geography.
Asia Pacific Automotive Pressure Sensor Market, By Technology:
Asia Pacific Automotive Pressure Sensor Market, By Transduction Type:
Asia Pacific Automotive Pressure Sensor Market, By Vehicle:
Asia Pacific Automotive Pressure Sensor Market, By Electric Vehicle Type:
Asia Pacific Automotive Pressure Sensor Market, By Applications:
o Fuel Injection Pump
o Hydraulic Power Steering
o Electrohydraulic Power Steering (EHPS)
o Automatic Transmission (AT)
o Automatic Manual Transmission (AMT)
o Continuously Variable Transmission (CVT)
o Dual-Clutch Transmission (DCT)
Asia Pacific Automotive Pressure Sensor Market, By Geography:
o South Korea
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About the Authorgeeta narwade
Joined: September 2nd, 2019
Articles Posted: 100
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