Trouble in Your Tank: Organic Addition Agents in Electrolytic Copper Plating
It’s Only Common Sense: Selling During an Economic Downturn
Marcy’s Musings: Can You Hear the Voices?
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
New IDTechEx Report Examines How QLC SSDs Are Disrupting the HDD Storage Market
04/24/2025 | PRNewswireFor enterprises, data storage is not just a technical challenge but a financial one. The new report from market intelligence firm IDTechEx, "Emerging Memory and Storage Technology 2025-2035: Markets, Trends, Forecasts", provides an in-depth analysis of the evolving storage landscape and its impact on cost, efficiency, and scalability.
PTCRB Certification Adds New IoT Chipset Certification Category, Certifies Sony's Altair ALT1350 CTIA Certification
04/23/2025 | PRNewswireCTIA Certification announced the first PTCRB certified IoT chipset, Sony's Altair ALT1350.
Notebook Industry Remains Cautious Amid Tariff Negotiations; 2025 Brand Shipments Growth Revised Down to 1.4%
04/22/2025 | TrendForceTrendForce’s latest research reveals that although the U.S. has granted a 90-day grace period before implementing reciprocal tariffs—offering temporary relief for notebook brands—the broader market remains clouded by policy and economic uncertainty. Brands began frontloading inventory in late 2024, pushing Q4 shipment growth to 5.1%, with 1Q25 seeing a 7.2% YoY increase.
Altus Honours Scienscope with ‘Fastest Growing and Most Dynamic Supplier’ Award
04/22/2025 | Altus GroupAltus Group, a leading distributor of capital equipment for the electronics industry in the UK and Ireland, has awarded Scienscope, a global provider of high-quality inspection equipment, with the ‘Fastest Growing and Most Dynamic Supplier’ recognition, celebrating their dynamic growth and innovative approach to electronics manufacturing solutions.
STMicroelectronics Future-proofs the Development of Next-gen Cars with Innovative Memory Solution for Automotive Microcontrollers
04/22/2025 | STMicroelectronicsSTMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has announced Stellar with xMemory, a new generation of extensible memory embedded into its Stellar series of automotive microcontrollers, that transforms the challenging process of developing software-defined vehicles (SDV) and evolving platforms for electrification.