Automotive Sensor Market Segmentation, Analysis & Outlook Till 2022 “The global automotive sensor market was anticipated at USD 18.68 billion in 2014. Approving initiatives of government for the security and safety of passenger are expected to propel the growth in the revenue.� The Global Automotive Sensor Market was anticipated at USD 18.68 billion in 2014. Approving initiatives of government for the security and safety of passenger are expected to propel the growth in the revenue. Automotive sensors help in the detection of parameters which include speed and heat and take preventive measure when in danger, thus it becomes an important part of automobiles. Owing to technological improvement vehicles are provided with various sensing devices which give information on numerous parameters thus confirming security, safety, and comfort. Due to the increasing demand of consumers for comfort and fuel-efficiency as well as agreeable regulations of government on safety along with emission standards, there has been an increase in the number of devices used per vehicle. The switch for self-driving cars could notably drive the market of automotive sensors as some devices are required to process intelligent data for making autonomous decisions. For instance, Google’s self-driving cars make use of quad-core PCs which process 1.3M laser measurements thus comes to the 20 driving decisions every second. Product Insights Product segment comprises of chemical property, proximity and positioning, process variable and physical property. Chemical property devices scale pH levels, NOx, oxygen and information of other gases. Owing to rising popularity of ADAS (Advanced Driver Assistance Systems), image-sensing devices of vehicles have observed an acute rise in the past few years. ADAS examples are automated parking, adaptive cruise control, and lane departure warning.
Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/automotive-sensor-market/request-sample