Published by news degree
Posted on August 6, 2021
The automotive sensors market was valued at USD 24.6 billion in 2018 and is expected to reach USD 43.1 billion by the year 2026, at a CAGR of 7.2% CAGR during the forecast period (from 2018 – 2026). The continual development in automotive electronics sensors application and technology, the rising concern for safety, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and increasing use of sensors in hybrid semi hybrid and electric cars are boosting the demand of automotive sensors market
Sensors are the type of transducers that detect the difference in its environment due to mechanical change and transfer it as an optical or electric signal to the concerned component. In-vehicle, sensors are used to develop a centralized control system for the car. Sensors are installed in vehicles to increase the reliability of the vehicle and the safety of the passenger. Different sensors such as temperature, pressure sensors, position sensors, speed sensors, NOx, oxygen sensors, and many other sensors are used in automotive.
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Sensors are used in almost all parts of the vehicle like chassis, engines, clutch, brakes, transmission, control, and safety. There are several different types of sensors, like speed sensors, pressure sensors, humidity sensors, temperature sensors, safety sensors, and others. Pressure sensors have wide applications in fuel, safety, and engine. There are different sub-types of pressure sensors like fuel pressure sensor, air conditioning pressure sensor, manifold pressure sensor, oil pressure sensor, and others. In the vehicle, engine pressure sensors are used to regulate or fluctuate the power delivered by the engine whenever the vehicle is accelerated, or brakes are applied; it also monitors the coolant and oil pressure. For safety purposes, the pressure sensors adapt to any road terrain and prevent skidding of vehicles. Humidity sensors detect and measure water vapor and also detect fogged up windscreens.
Europe is anticipated to hold the second-largest market share in the automotive sensors market amid the presence of key players in this region. High investment in research and development by the automotive OEMs in Europe is supporting to manufacture more technologically advanced sensors than any other region. This has proven to be a key reason for the continued dominance of Europe in the automotive sensors market.
Automotive Sensors Market Players:
Robert Bosch (Germany), Continental AG (Germany), Delphi Automotive (UK), Denso Corporation (Japan), Infineon Technologies (Germany), Sensata Technologies (US), Allegro Microsystems (US), Analog Devices (US), Elmos Semiconductor (Germany), and CTS Corporation (US) and others
For the purpose of this study, Reports and Data have segmented the industry by Technology, by Function, by Process, by Component and by Region:
Automotive Sensors Market by Type (Revenue, USD Million; 2016–2026)
Automotive Sensors Market by Applications (Revenue, USD Million; 2016–2026)
Automotive Sensors Market by Vehicle Type (Revenue, USD Million; 2016–2026)
Automotive Sensors Market by Propulsion (Revenue, USD Million; 2016–2026)
Automotive Sensors Market by Region (Revenue, USD Million; 2016–2026)
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Further key findings from the report suggest-
Key insights presented in the report:
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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The post Automotive Sensors Market Analysis By Size, Share, Trends, Key Vendors, Drivers And Forecast 2026 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The automotive sensors market was valued at USD 24.6 billion in 2018 and is expected to reach USD 43.1 billion by the year 2026, at a CAGR of 7.2% CAGR during the forecast period (from 2018 – 2026). The continual development in automotive electronics sensors application and technology, the rising concern for safety, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and increasing use of sensors in hybrid semi hybrid and electric cars are boosting the demand of automotive sensors market
Sensors are the type of transducers that detect the difference in its environment due to mechanical change and transfer it as an optical or electric signal to the concerned component. In-vehicle, sensors are used to develop a centralized control system for the car. Sensors are installed in vehicles to increase the reliability of the vehicle and the safety of the passenger. Different sensors such as temperature, pressure sensors, position sensors, speed sensors, NOx, oxygen sensors, and many other sensors are used in automotive.
To get a FREE sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2462
Sensors are used in almost all parts of the vehicle like chassis, engines, clutch, brakes, transmission, control, and safety. There are several different types of sensors, like speed sensors, pressure sensors, humidity sensors, temperature sensors, safety sensors, and others. Pressure sensors have wide applications in fuel, safety, and engine. There are different sub-types of pressure sensors like fuel pressure sensor, air conditioning pressure sensor, manifold pressure sensor, oil pressure sensor, and others. In the vehicle, engine pressure sensors are used to regulate or fluctuate the power delivered by the engine whenever the vehicle is accelerated, or brakes are applied; it also monitors the coolant and oil pressure. For safety purposes, the pressure sensors adapt to any road terrain and prevent skidding of vehicles. Humidity sensors detect and measure water vapor and also detect fogged up windscreens.
Europe is anticipated to hold the second-largest market share in the automotive sensors market amid the presence of key players in this region. High investment in research and development by the automotive OEMs in Europe is supporting to manufacture more technologically advanced sensors than any other region. This has proven to be a key reason for the continued dominance of Europe in the automotive sensors market.
Automotive Sensors Market Players:
Robert Bosch (Germany), Continental AG (Germany), Delphi Automotive (UK), Denso Corporation (Japan), Infineon Technologies (Germany), Sensata Technologies (US), Allegro Microsystems (US), Analog Devices (US), Elmos Semiconductor (Germany), and CTS Corporation (US) and others
For the purpose of this study, Reports and Data have segmented the industry by Technology, by Function, by Process, by Component and by Region:
Automotive Sensors Market by Type (Revenue, USD Million; 2016–2026)
Automotive Sensors Market by Applications (Revenue, USD Million; 2016–2026)
Automotive Sensors Market by Vehicle Type (Revenue, USD Million; 2016–2026)
Automotive Sensors Market by Propulsion (Revenue, USD Million; 2016–2026)
Automotive Sensors Market by Region (Revenue, USD Million; 2016–2026)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2462
Further key findings from the report suggest-
Key insights presented in the report:
To know more about the report @ https://www.reportsanddata.com/report-detail/automotive-sensors-market
Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.
Explore Reports and Data’s Prime Analysis of the global Automotive electronics and Systems
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-automotive-sensors-market
The post Automotive Sensors Market Analysis By Size, Share, Trends, Key Vendors, Drivers And Forecast 2026 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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