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Automotive Sensors Market Worth $33.59 Billion by 2022 - New Report by MarketsandMarkets
Date:11/20/2013

(PRWEB) November 20, 2013

According to a new market research report, "Sensors Market [(Temperature, Pressure, Speed, Level/Position, Oxygen, Nox) For Automotive Applications (Power Train, Body Electronics, Vehicle Security, Safety and Controls, Alternative Fuel Vehicles and Telematics)] 2012 – 2022", the total automotive sensor market is expected to reach $33.59 billion by 2022 at a CAGR of 7.8 percent; and the volume of sensors is expected to reach 8930.00 million units in 2022 from 2,965.37 million units in 2012, at an estimated CAGR of 11.7 percent from 2013 to 2022.

Browse 81 market data tables and 53 figures spread through 382 pages and in-depth TOC on "Sensors Market - 2012 – 2022".
http://www.marketsandmarkets.com/Market-Reports/automotive-sensors-market-426.html

Early buyers will receive 10 percent customization on this report.

In modern automobiles, numerous types of sensors fulfill many important tasks ranging from engine performance and passenger safety to comfort and vehicle dynamic behavior. The need for sensors is evolving and is continuously growing. Earlier, sensors were analog devices which had very few applications in automobiles, but today’s sensors mainly utilize digital technology, which means betterment and enhancement in efficiency and sensing performance. For example, on an average, in engine control applications, the number of sensors used, has increased from, approximately, ten in 1995, to more than thirty in 2012. The future of automotive sensor is highly dependent on sensor technologies like MEMS sensor, wireless sensor, radar, and many more; out of which, the MEMS (Microelectromechanical Systems sensors) is the most promising sensor technology; and is likely to emerge as a game changer for the automotive world.
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