Pune, India -- (SBWIRE) -- 04/24/2018 -- Market Highlights

The global automotive sensors market is spanned across Americas, Europe, Asia Pacific, and the Rest of world. North America dominates the automotive sensors market due to growing adoption of innovative technologies that has positive implications for the future of transportation, which is propelling the Automotive Sensors Market growth to a large extent. In January 05, 2018, Denso Corporation, a leading automotive supplier acoss the world is leading in AI-powered technology and fresh approach with a startup, ActiveScaler, a developer of Managed Mobility-as-a-Service, is aiming to provides end-to-end MaaS businesses . With this technology, the company is offering an advanced analytics and automation, high security, and regulatory compliance to their customers.

The North American region is experiencing a higher demand due to building of new multi-mode transportation and autonomous vehicles, which is widely used in the transportation sectors.The prominent companies such Analog Devices Inc. (U.S.), Broadcom Limited (U.S.), Bourns Inc. (U.S.), Sensata Technologies (U.S.), TRW Automotive Inc. (U.S.), Vishay Intertechnology, Inc. (U.S.) GE Measurement & Control Solutions (U.S.), is providing automotive sensors solutions to the market. These major players are investing in the offering of automotive sensors solution across the world.

The global automotive sensors market is expected to reach USD ~ 35 billion at a CAGR of over 7% by the end of the forecast period.

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Industry News

November, 2017, -Hyundai Mobis announced that it had developed reverse driving support technology that autonomously steers when a car goes back without the driver having to operate the steering wheel. Though there is already a function called Parking Assist (PA), which autonomously steers a car in reverse parking, this is the first time that a technology has been specifically developed to support reverse driving. Starting with this technology, Hyundai Mobis plans to secure further autonomous reverse driving tech, broadening the paradigm of autonomous driving. Contrary to the Driving Assistance System (DAS) which directly recognizes external environments through cameras, radars and ultrasonic sensors, Hyundai Mobis's reverse drive support tech grasps external environments through real-time driving information. Under this method, a steering angle sensor, a wheel sensor and a yaw sensor installed inside a vehicle measure the car's speed, distance and degree of rotation.

December, 2017, ON Semiconductor, driving energy efficient innovations, will be focusing on its technologies that are enabling the progression towards fully autonomous driving and increased electronic content in connected vehicles at the 2018 Consumer Electronics Show (CES) in Las Vegas. Among multiple exhibits will be interactive demonstrations that will allow visitors to experience and understand the company's industry leading solutions in these exciting and fast-moving areas of technology. The Automotive Image Sensing Applications Platform demonstration will enable attendees to see the real-world performance of the company's latest image sensors in various Advanced Driver Assistance Systems (ADAS) applications including front view, surround view, rear view and driver monitoring. Image sensors from ON Semiconductor achieve current and future industry performance level requirements in terms of resolution, clarity, mixed and poor light conditions and robustness for level three driving autonomy and beyond.

December, 2017, Toshiba America Electronic Components, Inc., a committed technology leader, announced a new IC that is compliant with the Bluetooth Low Energy (LE) core specification 4.2 – including support for a secure connection, LE privacy features and extended packet length. The new TC35679IFTG is designed for use in harsh automotive environments and extended temperature ranges. A mixed-signal device, the TC35679IFTG contains both analog RF and baseband digital parts. This enables it to provide a complete solution in a single, compact, low-profile QFN 'wettable flank' package with a pin pitch of 0.5mm.

Key Players

The key players profiled and analyzed in this market research report are Analog Devices Inc., Avago Technologies, Bosch Sensortech GmBH, Bourns Inc., Delphi Automotive LLP, Denso Corporation, GE Measurement & Control Solutions, Infineon Technologies, Micronas Semiconductor Inc., Panasonic Corporation, Sensata Technologies, TRW Automotive Inc., and Vishay Intertechnology.

Global Automotive sensors Market Segmentation

The global automotive sensors market is segmented into sensor type, technology, vehicle types, and region. The sensor type segment is sub-segmented into Pressure Sensors, Temperature Sensors, Speed Sensors, Position Sensors, O2 Sensors, NOx Sensors, Inertial Sensors, Image Sensors and others. The technology segment is sub-segmented into Micro-Electro-Mechanical Systems (MEMS), Nano-Electro-Mechanical Systems (NEMS). The vehicle types segment is sub-segmented into low end, medium end, high end, heavy vehicle, electrical vehicles and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.

Automotive Sensors Market Global Market - Regional Analysis

Asia-Pacific is dominating the market of automotive sensor and also has emerged as fastest growing market. Rich manufacturing industry in China, Japan, South Korea and Taiwan and growing automotive industry in China and other regional countries are some of the major factors driving the market. Also, growing economy of the Asian countries and high consumption of commercial vehicles is helping the market growth. North America is expected to stand as second largest market due to the factors such as high per capita income and high demand for passenger vehicles in the region. Also, high development in the field of autonomous vehicles are also playing major role in the market growth. Europe on the other hand stands as third largest market for automotive sensor. Presence of key players such as BMW and others are driving the market in Europe region. Also, high presence of developed countries in the region such as Germany, France, Italy, U.K., Netherlands and others are creating huge demand commercial as well as residential vehicles.

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Intended Audience

- Automotive sensors companies
- Automotive sensors providers
- Technical universities
- System integrators
- Managed Security Service Providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators

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