Automotive sensors are one of the important components used in a
vehicle. The Electronic Control Unit (ECU) manages and controls
multiple electrical systems in the vehicle. The various sensors
present in the vehicle provide data to the ECU. In an average there
are 60 – 80 sensors present in a vehicle. The sensor manages fuel
economy, cam shaft position, oxygen content in the exhaust stream,
air flow in engine, and coolant temperature among others. The primary
focus of the sensors is to manage powertrain applications, mileage
and engine emission among others.
“Automotive
sensors market was valued at USD 20.27 billion in 2014, which is
expected to reach USD 33.37 billion by 2021, growing at a CAGR of
8.7% from 2015 to 2021. ”
Factors such as the steady development of electronic sensor
technology and consequently an increase in their application, rising
demand for automation within automobiles, increasing safety concerns,
and rising utilization of sensors within electric, semi-hybrid, and
hybrid cars are amongst the prime factors augmenting the development
of the automotive sensors market. Furthermore, the rising preference
for a luxurious lifestyle is also predicted to fuel the market for
automotive sensors in the forthcoming years.
MEMS
Sensors Dominate Global Market owing to Advanced Features of ABS and
VDC
On the basis of type, the global automotive sensors market is
segmented into temperature sensors, pressure sensors, motion sensors,
gas sensors, and micro-electro-mechanical system (MEMS) sensors.
Amongst these, MEMS sensors dominated the market owing to the
widespread application of electronic stability programs (ESP),
anti-lock braking systems (ABS), and vehicle dynamic control (VDC) in
almost every modern four-wheeler. ABS systems are also common in two
wheelers these days, further improving the growth prospects of this
segment.
On the basis of component, the automotive sensors market is
segmented into body electronics, powertrain, safety and control, and
chassis. Amongst these, the segment of powertrain sensors led the
market. Powertrain components comprise oxygen sensors, crankshaft
position sensors, fuel pressure sensors, exhaust gas recirculation
valve position sensors, and fuel temperature sensors. In general,
prime applications of automotive sensors include their usage in
wipers, dashboard electronics, lighting, sunroofs, rain sensors,
seats, parking, tilt alarm, climate control systems, tailgate closure
and release, rear door monitoring, trailer management, anti-theft
alarms, and radios, among others.
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Europe
Automotive Sensors Market Emerges as the Biggest Market in 2014
On the basis of geography, the automotive sensors market is
segmented into Europe, Asia Pacific, North America, and Rest of the
World (RoW). Amongst these, Europe held the biggest share in the
global market in 2014. The reasons for the growth of the automotive
sensors market in Europe include the expeditious development of the
logistics industry, rising awareness about automobile safety, and the
establishment of low emission zones (LEZs) in the European Union. On
the other hand, Asia Pacific is the most swiftly developing market
owing to government regulations supporting driver safety features.
Increasing support for occupant comfort and safety has given rise to
advanced technologies such as headlight leveling, automatic wipers,
parking assistance, and automatic climate control systems, among
others. These factors have fuelled the automotive sensors market in
Asia Pacific.
key
players
Robert Bosch GmbH, Denso Corporation, Continental AG, Sensata
Technologies Inc, Analog Devices Inc, Infineon Technologies AG, Asahi
Kasei Corporation, Continental AG, Freescale Semiconductor Inc, and
Standex Electronics. among others, are some of the key players in the
automotive sensors market.
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