Dan’s Biz Bookshelf: Four Important Books You Need to Read (Not Just Say You Have)
The Marketing Minute: Cracking the Code of Technical Marketing
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:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
LPKF Strengthens Structural Resilience: 'North Star' Initiative Aims to Secure Long-term Profitability
09/16/2025 | LPKFLPKF Laser & Electronics SE has launched the "North Star" initiative, a far-reaching package of measures designed to strengthen the company's long-term profitability.
The Marketing Minute: Cracking the Code of Technical Marketing
09/17/2025 | Brittany Martin -- Column: The Marketing MinuteMarketing is never a one-size-fits-all endeavor, but the challenges are magnified for highly technical industries like electronics. Products and processes are complex, audiences are diverse, and the stakes are high, especially when your customers are engineers, decision-makers, and global partners who depend on your expertise.
Beyond the Board: What Companies Need to Know Before Entering the MilAero PCB Market
09/16/2025 | Jesse Vaughan -- Column: Beyond the BoardThe MilAero electronics supply chain offers opportunities for manufacturers that are both prestigious and strategically important. Serving prime contractors and Tier-1 suppliers can mean long-term program stability and the satisfaction of contributing to national security. At the same time, this sector is unlike commercial electronics in almost every respect. Success requires more than technical capabilities, it requires patience, preparation, attention to detail, and a clear understanding of how the business model differs.
Global Interposer Market to Surge Nearly Fivefold by 2034
09/15/2025 | I-Connect007 Editorial TeamRevenue for the global interposer market is projected to climb from $471 million in 2025 to more than $2.3 billion by 2034, according to a new report from Business Research Insights. The growth represents a CAGR of nearly 20 percent over the forecast period.
Indium Promotes Huang to Senior Manager, Marketing Communications
08/28/2025 | Indium CorporationWith its commitment to innovation and growth through employee development, Indium Corporation announces the promotion of Jingya Huang to Senior Manager, Marketing Communications, to continue to lead the company’s branding and promotional efforts.