Global Automotive Sensors Market Analysis & Trends - Industry Forecast to 2025

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Automotive Sensors Market is poised to grow at a CAGR of around 8.4% over the next decade to reach approximately $48.3 billion by 2025. Some of the trends that the market is experiencing include need for fuel efficient and reduction for carbon footprint, growing adoption of automotive cruise control systems, developing fully autonomous and semi autonomous automobiles and emerging technologies like combo sensors and wafer-level packaging technologies.

Depending on application, market is divided into Chassis, Body Electronics, Exhaust, Powertrain, Safety and Control, Telematics, Vehicle Lighting Control and Ignition Control Applications and Other Applications. 

Based on sensor type the market is categorized into Inertial Sensors, Image Sensors, Nox Sensor, Oxygen Sensors, Pressure Sensors, Temperature Sensors, Position Sensors, Level Sensor, Torque Sensor and Other Sensors. Inertial Sensors segment is subdivided into Gyroscopes and Accelerometers. The Image Sensors segment is further broken down into Charge-Coupled Device (CCD) and Complementary Metal-Oxide Semiconductor (CMOS). Other Sensors segment is diverged into Particulate Matter Sensors, Proximity Sensors, Radar Sensors, Rain Sensors, Relative Humidity Sensors and Ultrasonic Sensors. 

Based on working principle market is segmented into Inductive, Magnetic, Capacitive, Piezoelectric and Optical. 

On the basis of technology, market is categorised into Microelectromechanical Systems (MEMS), Non-Electro Mechanical Systems (Non-MEMS), Nano-Electro-Mechanical Systems (NEMS) and Hall Effect Technology. The Microelectromechanical Systems (MEMS) technology is subdivided into Fuel Injector Pressure Sensor, Airbag Sensor, Roll over Detection Sensor, Vehicle Dynamic Control (VDC) sensor and Throttle position sensor. Non-Electro-Mechanical Systems (Non-MEMS) segment is also broken further into Magnetic Sensor, Battery sensor and Optical Sensor. 

By vehicle type the market is bifurcated into Cars, Buses, Two-wheelers and Trucks. The cars segment is further divided into Coupes, Hatchback Cars, Sedan Cars, SUV and Wagons. Trucks segment is sub divided into Light-duty truck, Light light-duty truck, Heavy-duty vehicle and Heavy light-duty truck. 

This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors. 

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.