Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
The Chemical Connection: Common Misconceptions in Wet Processing
It’s Only Common Sense: Selling to Engineers
Europe Automotive Sensors Market 2015-2020
January 22, 2016 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "Europe Automotive Sensors Market - Growth, Trends and Forecasts (2015 - 2020)" report to their offering.
The Europe automotive sensors market is expected to grow to $6.67 billion by 2018 at a CAGR of 8.04% over the period 2015-2020.
Europe is the second largest market in the global automotive sensors sector, and would remain to be so in the forecast period. With the increasing popularity of vehicle automation and increasing demand of connected cars around the region, the demand for automotive sensors is expected to grow significantly during the forecast period.
The continuous development in electronics sensors application and technology, along with the rising concern for safety would primarily help to fuel the growth of the former market in Europe. In addition, the increasing use of sensors in hybrid, semi-hybrid and electric cars have helped to boost the demand of automotive sensors market in Europe.
Lack of aftermarket for sensors, along with the stagnant growth of luxury vehicles (which has a major application for automotive sensors) is one of the main restraints in the growth of the market for automotive sensors in Europe. However higher accuracy, self-test capabilities and the need for rapid data transmission are fueling the trend towards more intelligent sensors, driving the demand for automotive sensors in the forecast period.
You will find the report here.
Share on:
Suggested Items
DuPont Reports First Quarter 2025 Results
05/02/2025 | PRNewswireDuPont announced its financial results for the first quarter ended March 31, 2025.
KLA Reports Fiscal 2025 Q3 Results
05/02/2025 | PRNewswireKLA Corporation announced financial and operating results for its third quarter of fiscal year 2025, which ended on March 31, 2025, and reported GAAP net income of $1.09 billion and GAAP net income per diluted share of $8.16 on revenues of $3.06 billion.
Alternative Manufacturing Inc. (AMI) Appoints Gregory Picard New Business Development Manager
05/01/2025 | Alternative Manufacturing, Inc.Alternative Manufacturing Inc. (AMI) is pleased to announce the appointment of Mr. Gregory Picard as our new Business Development Manager. Picard brings a wealth of experience in Sales and Business Development, having worked with some of the most prominent names in the industry.
Ensuring a Strong and Reliable Supply Chain
04/30/2025 | Marcy LaRont, PCB007 MagazineKelly Davidson, vice president of NCAB Group USA, discusses the company's stable performance in 2024 and positive outlook for 2025. She highlights NCAB's strategy of organic growth and strategic acquisitions amidst tariff concerns and global political uncertainty. Kelly emphasizes the importance of supply chain diversification, strong supplier relationships, and customer education, and notes NCAB's focus on defense production and maintaining a reliable supply chain.
2024 Global Semiconductor Materials Market Posts $67.5 Billion in Revenue
04/29/2025 | SEMIGlobal semiconductor materials market revenue increased 3.8% to $67.5 billion in 2024, SEMI, the global industry association representing the electronics design and manufacturing supply chain, reported in its Materials Market Data Subscription (MMDS).