Automotive sensors Market Size, Outlook, Analysis Report, Regional Outlook with Forecast 2030 Market Analysis The global automotive sensors market size will touch USD 35 billion at a 7% CAGR between the forecast period 2017- 2023, according to the new Market R`esearch Future (MRFR) analysis. Automotive sensors will help to detect, transmit, and measure information that helps to analyze the performance of cars. The sensor technology helps in detecting events or amends in the environment and then offers a corresponding output. Various factors are fuelling the global automotive sensors market share. According to the recent MRFR market estimates, such factors include increased motor vehicle production worldwide, demand for automotive sensor technology, demand for vehicle electrification, strict government regulations associated with emissions, and a rise in consumer demand for comfort and safety in cars. Other market drivers include increasing use of pressure sensors, an increase in demand for automotive sensors in electric and hybrid cars, demand for customized electronic devices, and demand for autonomous cars. On the contrary, the high development cost of automotive sensors, and the impact of the COVID-19 outbreak may deter the global automotive sensors market growth over the forecast period.
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/959 Key Players Key contenders profiled in the global automotive sensors market report include Vishay Intertechnology, Inc. (U.S.), TRW Automotive Inc. (U.S.), Sensata Technologies (U.S.), Panasonic Corporation (Japan), Micronas Semiconductor Inc. (Switzerland), Continental AG (Germany), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), GE Measurement & Control Solutions (U.S.), Denso Corporation (Japan), Delphi Automotive LLP (U.K), Bourns Inc. (U.S.), Bosch Sensortech GmBH (Germany), Broadcom Limited (U.S.), and Analog Devices Inc. (U.S.). Market Segmentation The MRFR report highlights an inclusive segmental analysis of the global automotive sensors market based on sensor type, technology, and vehicle type. By sensor type, the global automotive sensors market is segmented into image sensors, inertial sensors, NOx sensors, O2 sensors, position sensors, speed sensors, temperature sensors, pressure sensors, and others. Of these, the position sensors will lead the market over the forecast period. By technology, the global automotive sensors market is segmented into nano-electro-mechanical systems (NEMS), and micro-electro-mechanical systems (MEMS). By vehicle type, the global automotive sensors market is segmented into electrical vehicles, heavy vehicle, high end, medium end, low end, and others. Regional Analysis