Dan’s Biz Bookshelf: 'A View from the Top: Moving from Success to Significance'
The Chemical Connection: The Practice of Doing Business in Foreign Lands
It’s Only Common Sense: Pricing PCBs? It’s All in Their Heads
Report: U.S. Automotive Sensors Market 2015-2020
June 10, 2015 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "U.S. Automotive Sensors Market - Growth, Trends & Forecasts (2014-2020)" report to their offering.
The U.S. automotive sensors market is expected to increase to $7.75 billion by 2018 at a CAGR of 10.35% over the period 2014-2020
The low cost & compact size, ecofriendly & bulk manufacturing capability, and energy efficient are the key drivers which are making the automotive sensors market to grow lucratively. Leading the auto industry, U.S. is the home to top Original Equipment Manufacturers (OEMs), namely General Motors, Ford, and Chrysler participating as great benefactors to the growth of the North American automotive sensors market. The rising economy of Mexico has been at the forefront in terms of inward Foreign Direct Investments when it comes to the automotive industry over the past few years.
The major trend driving the U.S. automotive sensor market is miniaturization and improved communication capabilities, which enables their integration into vehicles without interfering with the basic functionalities of the vehicle. The U.S. automotive sensors market is anticipated to grow momentum due to government initiatives for passenger safety and security.
Automotive sensors have increasingly become an important part of automobiles, which detect physical parameters such as speed and heat and take preventive measures in case of any danger. Rising demand for automobiles positively impact market growth over the forecast period. Strict legal and regulatory standards have mandated inclusion of sensors in a vehicle, which is further estimated to drive the U.S. automotive sensors market.
The U.S. Automotive Sensors Market is segmented on the basis of Type (Temperature, Pressure, Speed, Level/Position, MEMS, Magnetic, Gas, and Inertial), and Application (Powertrain, Body Electronics, Vehicle Security Systems, Alternative Fuel Vehicle, and Telematics).
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
Schweizer Ends Staff Restructuring Measures and Short-Time Working at the Schramberg Site
10/01/2025 | Schweizer Electronic AGSchweizer Electronic AG has implemented comprehensive measures to adjust its cost and personnel structure at its Schramberg site due to strong market fluctuations in the automotive and industrial electronics sector. Thanks to the successful restructuring, short-time working can now be ended with immediate effect. A stable order situation is expected for the fourth quarter, with signs of growth momentum returning in 2026.
American Standard Circuits to Exhibit at the Battery Show 2025
09/24/2025 | American Standard CircuitsAmerican Standard Circuits/ASC Sunstone Circuits will be exhibiting at the Battery Show North America to be held at Huntington Place in Detroit, Michigan, October 6-9, 2025.
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.