automotive sensor market to grow at a cagr of 14.97% till 2020

By Type (Pressure, Temperature, Speed, Oxygen, NOx, Position); By Application (Fuel Injection & Emission, Chassis, Engine, Powertrain, Safety, Telematics); By Vehicle Type

- With Forecast (2015 – 2020)

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Automotive Sensors Market Forecast (2015-2020)

Sensors are a type of transducers which detect the difference in its environment due to mechanical change and transfer it into electric signal to the concerned component. Sensors are installed in vehicles to ensure reliability and safety of the passenger. The market for Automotive Sensors has been classified as pressure sensors, temperature sensors, level sensors, oxygen sensors, NOx sensors, safety sensors and more. These sensors are used in cars, trucks, buses and two-wheelers.


Automotive Sensors Market Overview

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According to IndustryARC The Global Market for Automotive Sensors is estimated to reach

$17.08 Billion by 2020 growing at a CAGR of 14.97%. The major application in terms of volume

will be Safety Sensors. Increasing concern for passenger safety will further drive the demand for

Safety Sensors in Automotive Industry. The Market for Safety & Control Sensors is estimated to

grow at a CAGR of 18.08% through the forecast period, 2015-2020.

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Automotive Sensors Market Estimations


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The Automotive Sensors Market is classified into various types based on these 4 factors

By Product Type: Pressure Sensors, Temperature Sensors, Level Sensors, Speed Sensors,

Oxygen Sensors, NOx Sensors, Position Sensors, Magnetic Sensors ,Inertial Sensors ,

MEMS Sensors, Safety Sensors and Others.

By Application: Fuel Injection and Emission, Chassis, Engine, Powertrain, Safety & Control

, Telematics and Vehicle Security

By Vehicle Type: Cars, Trucks, Buses and Two-wheelers

By Geography: America, Europe, APAC and ROW.

Automotive Sensors Market Segmentation




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The Automotive Sensor Industry has many suppliers and thus the competition in the market

is high. Offering better product at a competitive price is the main concern for the

manufacturers.

The eminent players in this market include:

Continental AG,

Delphi Automotive Systems, LLC,

Denso Corporation,

Robert Bosch GmbH and

TRW Automotive, Inc.

Key Market Players of Automotive Sensor Market




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The Automotive Sensors Market in the Americas is more than the other regions while

the APAC region has the highest potential for expansion of this market. The market in the

Americas and APAC region are estimated to grow at a CAGR of 12.62% and 17.06%

respectively between 2015 and 2020.

The environmental concern is leading to rise in electric vehicles. This is bringing up

innovation in Battery sensors.

Key Market Insights of Automotive Sensors Market




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The development in automotive is progressing in a direction of protection of not only the

occupants but also the people in the surrounding. One of the examples is the inclination

of bonnet surface after the crash such that the person hit by the car is protected to an

extent or is less hurt.

Sensors play an important role in collecting the information of driver’s driving behavior,

cabin atmosphere preference and other related facts. This database will help develop

self-driving cars to enhance the travelling experience of the passenger.

Key Market Insights of Automotive Sensors Market




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Analytical Method Base Model Consolidated Model Delphi Verification Base Method Consolidation Method

1. Granular breakdown of drivers into factors2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms of their relevance & impact on the market. 4. Build the

1. Get a top down Estimate of the market2. Follow it up with a bottom up estimate of the market. 3. Check for consistency and new growth factors that that are relevant over the next 10 Years4. Build the

1.Granular breakdown of the drivers into factors2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms or their relevance & impact on the market. 4. Build the

1. Verify the findings of the model with experts from across the value chain.2. Verify the findings with players across small and large enterprises3. Tweak the model and add new factors4. Finalize the

Base model Consolidated Model ARC Model

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