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Global Automotive Sensor Market

Global Automotive Sensor Market by Type (Temperature Sensors, Pressure Sensors, Motion Sensors, Speed Sensors, and Gas Sensors) and Application (Powertrain, Chassis, Body Electronics, Safety & Security, and Telematics): Global Opportunity Analysis and Industry Forecast, 2020-2027

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Global Automotive Sensor Market

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  2. Global Automotive Sensor Market  "The automotive sensor market size in Asia-Pacific is expected to grow at the highest rate during the forecast period, owing to increase in adoption of electric vehicles. Moreover, governments in developing economies have taken several initiatives to generate awareness toward adoption of petrol to electric or hybrid cars, which is projected to contribute to the growth of automotive sensor technology in Asia-Pacific". ​ ​ Ankit Prajapati- Lead Analyst​ Semiconductor and Electronics at Allied Market Research​ Download PDF Sample

  3. Global Automotive Sensor Market  According to a new report published by Allied Market Research, titled, “Automotive Sensor Market by Technology and Application:  Opportunity Analysis and Industry Forecast, 2019–2027” the global automotive sensor market size was $16.40 billion in 2019 and is projected to reach $37.65 billion by 2027, to register a CAGR of 10.2% during the forecast period. Asia-Pacific is expected to be the leading contributor to the global automotive sensor market, followed by North America and Europe. Automotive sensors are used to detect and monitor different physical and chemical processes in a vehicle, which helps find out any issues that could occur in the future. With the help of automotive sensors, leading companies provide safety, comfort, and affordability to their consumers. It enhances the performance of a vehicle and increases its life span.  Download PDF Sample

  4. Global Automotive Sensor Market  In addition, automotive sensors are ideally used in chassis to detect wheel position to enable closed loop chassis control.  These sensors are usually mounted between the chassis and sprung component to measure suspension travel. In addition, chassis sensors are widely used in different vehicle applications such as travel sensors for rear axle steering, wheel speed sensors for advanced electronic stability program, and seat track position sensors for position detection.  By region, the automotive sensor market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. The analysis had identified that Asia-Pacific contributed maximum revenue in 2019. Between 2019 and 2027, the automotive sensor market in Asia-Pacific is expected to grow at a faster rate compared to other regions. Factors such as increase in adoption of fuel-efficient electric vehicles and surge in demand for advancements in sensors for electronics contribute to the market growth in Asia-Pacific. Download PDF Sample

  5. Global Automotive Sensor Market  • Key Benefits For Stakeholders • This study comprises analytical depiction of the global automotive sensor market size along with the current trends and future estimations to depict the imminent investment pockets. • The overall automotive sensor market analysis is determined to understand the profitable trends to gain a stronger foothold.  • The report presents information related to key drivers, restraints, and automotive sensor market opportunities with a detailed impact analysis. • The current automotive sensor market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.  • Porter’s five forces analysis illustrates the potency of the buyers and the automotive sensor market share of key vendors. • The report includes the market trends and the market share of key vendors. Download PDF Sample

  6. Global Automotive Sensor Market  Major Companies: NXP Semiconductor, Sensata Technologies, AUTOLIV INC, DENSO Corporation, CONTINENTAL AG, Robert Bosch, DELPHI AUTOMOTIVE COMPANY, VALEO, STMicroelectronics N.V, Infineon Technologies AG These key players have adopted strategies, such as product portfolio, agreements, and partnership to enhance their position in the UV LED Market.  Download PDF Sample

  7. Global Automotive Sensor Market  Contact:​ ​ David Correa​ 5933 NE Win Sivers Drive  #205, Portland, OR, United States​ TollFree (USA/Canada):​ +1-800-792-5285, +1-503-894-6022​ UK: +44-845-528-1300​ Hong Kong: +852-301-84916​ India (Pune): +91-20-66346060  Fax: +1(855)550-5975​ help@alliedmarketresearch.com ​ Web: https://www.alliedmarketresearch.com ​ Download PDF Sample

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