Dan’s Biz Bookshelf: ‘The Art of Going SLOW’
Happy’s Tech Talk #39: PCBs Replace Motor Windings
Punching Out: Characteristics of Successful Leaders in North American PCB and EMS Sectors
Global Automotive Sensors Market to Reach $36.25B by 2021
April 7, 2016 | PRNewswireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "Automotive Sensors Market By Country (United States, Canada, Mexico, Germany, Russia, India, China, South Korea, United Kingdom, Brazil), Company Profiles, Size, Share, Trends, Analysis, Opportunities, Segmentation And Forecast 2015 - 2021" report to their offering.
The global automotive sensors market is growing at a CAGR of 9.1 in the forcasted period of this report, 2015-2021. It is expected to reach a revenue of USD 36.25 billion by 2021.
The need for ecofriendly transport along with speed , safety and accuracy have help this market to grow rapidly. Power trains are the largest application market of the automotive sensors market. Safety and control is the fastest growing application.
Constant technological advancement and upgradations keep the technology in demand but has also succeeded in keeping prices higher acting as a restrain on the market.
Globally, Europe dominates the global automotive sensors market, with high investments from manufacturers due to growing demand followed by North America and Asia Pacific. However, Germany leads the European market and China and Japan remain leaders in the Asia Pacific region. The growth is expected to be highest in Asia Pacific mainly attributed to growing economy of some of the other Asia Pacific nations such as India, Indonesia, Malaysia, Thailand and Philippines.
The Bosch and Denso Corporation have put in considerable efforts in R & D in this market and currently dominated the overall Automotive sensor market with share of nearly a quarter of the market in 2015.
The leading players in global automotive sensors market include Bosch, Denso Corporation, Sensata, Freescale Semiconductor, Agilent Technologies, Ford Corporation, General Electric, AMETEK Inc Honeywell, Analog Devices, and Delphi Automotive.
Share on:
Suggested Items
Roll-to-Roll Technologies for Flexible Devices Set to Grow at 11.5% CAGR
06/11/2025 | GlobeNewswireAccording to the latest study from BCC Research, the “Global Markets for Roll-to-Roll Technologies for Flexible Devices” is expected to reach $69.8 billion by the end of 2029 at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2029.
PC AIB Shipments Follow Seasonality, Show Nominal Increase for Q4’24
06/06/2025 | JPRAccording to a new research report from the analyst firm Jon Peddie Research, the growth of the global PC-based graphics add-in board market reached 9.2 million units in Q1'25 and desktop PC CPUs shipments decreased to 17.8 million units.
Dalfen Industrial Closes Major Sale of One Million+ SF Houston Logistics Park to Global Tech Giant Foxconn
06/06/2025 | Globe NewswireDalfen Industrial recently announced the sale of Fairbanks Logistics Park, a premier four-building, 1,026,609-square-foot Class A industrial campus in Northwest Houston, to Foxconn.
MVTec Takes a Giant Step Forward in Expanding its International Footprint
06/05/2025 | MVTec Software GmbHMVTec Software GmbH, a leading international provider of machine vision software, continues to drive the expansion of its global presence. After opening a new sales office in the Benelux region in March of this year, the company has now added two more locations. On June 1, MVTec established a sales office on the Iberian Peninsula and a subsidiary in South Korea.
Nolan’s Notes: Moving Forward With Confidence
06/03/2025 | Nolan Johnson -- Column: Nolan's NotesWe’re currently enjoying a revitalized and dynamic EMS provider market with significant growth potential. Since December 2024, the book-to-bill has been extremely strong and growing. Starting with a ratio of 1.24 in December, book-to-bill has continued to accelerate to a 1.41 in April. Yet, there is a global economic restructuring taking place. To say that the back-and-forth with tariffs and trade deals makes for an uncertain market is an understatement. While we may be in a 90-day tariff pause among leading economic nations, the deadline is quickly approaching and that leaves many of you feeling unsettled about what to expect.