Automotive Sensor Market 2018 Global Industry Outlook By Size, Key Players, Growth, And Key Country Analysis To 2027

Automotive Sensor Market 2018 Global Automotive Industry Size, Growth, Trends, Share, and Regional Forecast To 2027 is report published by Market Research Future. The global Automotive Sensor market is very dynamic and is expected to witness a significant growth over the forecast period. The Automotive Sensor market is completely dependent on the automotive industry. Thus, the increasing or decreasing demand of the automotive industry directly has an impact on the Automotive Sensor market. The total four-wheeler production for the year 2015 was almost 90 million units and is expected to witness further boost and reach more than 100 million units by the year 2020.

Global Automotive Sensor Market Key Players Analyzed In Report:

Analog Devices Inc. (US), Avago Technologies (CA), Bosch Sensortec (Germany), Bourns (CA), CTS Corporation (US), Denso Corporation (Japan), Gill sensors & controls (UK), Delphi automobile (UK) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Automotive Sensor Market.

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Market Overview:

The Automotive Sensor market is completely dependent on the automotive industry. Thus the increasing or decreasing demand of the automotive industry directly has an impact on the Automotive Sensor market. The total four-wheeler production for the year 2015 was almost 90 million units and is expected to witness further boost and reach more than 100 million units by the year 2020. This results as a primary factor driving the Automotive Sensor market as the interiors of automobiles have gained prevalence in recent times with technological development and rapidly increasing disposable income among the consumers. Thus the growth of the Automotive Sensor is expected to go hand in hand with the automotive industry.

The automotive industry as a whole is a capital-intensive industry. The dynamic business environment and cut-throat competition in the industry constantly requires influx of capital to update their technology to cope with increasing incidence of customization by the consumers. Development of hybrid vehicles, aesthetic features and safety features require constant research & development support thus resulting in extensive capital investment at a constant rate. Such cut throat competition in the automotive industry requires massive investments at a regular basis, thus the high capital investment in the Automotive Sensor market is expected to act as a hurdle in the growth, due to significant entry barriers for new player which is expected to have a negative impact on the Automotive Sensor market.

In automotive industry, consumer preferences are continuously changing. Across the world, the demand for various factors such as high performance, high efficiency, increased safety, and security are increasing for different automotive applications. At the same time, when it comes to the actual purchase of a vehicle, consumers prefer a model having all of the above-mentioned parameters but preferably at a lower cost (price). Due to changing consumer needs across global markets, rapid technological advancements are taking place in Automotive Sensor industry to introduce differentiate products. While considering the above improvements, product pricing (low cost) is given a prominent weightage during initial development phase. This is a big challenge for the manufacturers as a lot of research and development (R&D) activities go into the new product development phase, which requires huge investments.

Regional Analysis:

The automotive sensor market in North America is dominated by US followed by Mexico and Canada. America has the third largest share in Global Automotive sensor market and is expected to grow with a CAGR of XX % during the forecasted period.  The major growth drivers of automotive sensor market include increasing population with high disposable income. The Asia-Pacific is the emerging region in Global Automotive Sensor market due to stringent government regulations, and persuasive car designers to upgrade the safety provision in car designs. Automotive sensor market will grow for low end vehicles ad is expected to grow with a CAGR of more than XX% due to increasing demand for low-end automobiles. The increasing disposable income of the middle-class population and the inclination of buyers towards high-end luxury cars are driving the growth of automotive sensor market in India.

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List of Tables:

TABLE 1 MARKET SYNOPSIS

TABLE 2 RAW MATERIAL SOURCES OF AUTOMOTIVE SENSOR MAJOR MANUFACTURERS IN 2016

TABLE 3 SALES BASE AND MARKET CONCENTRATION RATE OF RAW MATERIAL

TABLE 4 GLOBAL AUTOMOTIVE SENSOR PRICE (USD/ K UNITS) BY REGION (2012-2017)

TABLE 5 RAW MATERIAL PRICES ANALYSIS 2012-2016 (USD/UNIT)

TABLE 6 KEY SUPPLIERS OF RAW MATERIALS

TABLE 7 DISTRIBUTORS/ TRADERS LIST

Continued…

List Of Figures:

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 INDUSTRY CHAIN STRUCTURE OF AUTOMOTIVE SENSOR MARKET

FIGURE 4 MANUFACTURING COST STRUCTURE OF AUTOMOTIVE SENSOR

FIGURE 5 GLOBAL AUTOMOTIVE SENSOR MARKET SALES SHARE, BY PRODUCT, 2016 (IN %)

Continued…

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