Dan’s Biz Bookshelf: ‘In Defense of a Liberal Education’
American Made Advocacy: A Growing Presence in Washington in Turbulent Times
It’s Only Common Sense: How to Win Back Lost Customers
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
"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
Nordson Corporation Announces Earnings Release and Webcast for Third Quarter Fiscal Year 2025
07/31/2025 | Nordson CorporationNordson Corporation today announced it will release third quarter fiscal year 2025 earnings on August 20, 2025, after the close of the market.
SES AI Accelerates Timeline for Revenue Growth and Profitability with Acquisition of UZ Energy
07/31/2025 | BUSINESS WIRESES AI Corporation, a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced it has executed a definitive agreement to acquire 100% of UZ Energy, an energy storage systems (“ESS”) provider, for a purchase price of approximately $25.5 million, subject to earnout adjustment based on the achievement of specified financial targets.
Dan’s Sales Guide: Master Your Sales Game in 2025 and Beyond
07/30/2025 | Dan Beaulieu, D.B. Management GroupIndustry veteran Dan Beaulieu has compiled more than 80 of his favorite sales tips and suggestions to help you create your own sales and marketing playbook. “I’ve been in this business for over 40 years, and I’ve seen companies spend hundreds of thousands of dollars on equipment, expand factories, rebrand multiple times, and hire consultants until the parking lot is full,” Dan says. But when it comes to time for companies to invest in something that will actually grow their revenue, Dan has found that their sales and marketing strategies aren’t as strong as they should be. However, there's a solution.
From Attraction to Action: Where Marketing Ends and Sales Begins
07/29/2025 | Brittany Martin, I-Connect007Before a PO hits the system, marketing has already done a lot of heavy lifting. Without strategic marketing, the PO might never arrive. At I-Connect007, we have been fortunate to help many companies achieve sales success through marketing. The key to success? Understanding how marketing leads to sales.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
07/25/2025 | Marcy LaRont, I-Connect007In industry news this past week, I’m putting a focus on sustainability in electronics by highlighting my interview with Kelly Scanlon and Corey Dehmey, and Nolan Johnson’s Meet the Author podcast with Beth Turner of MacDermid Alpha Electronics Solutions. I also chose to spotlight the M&A activity and outlook in the U.S. market and regional market news in India and Mexico.