(PRWEB) August 08, 2014
The report "Passenger Car Sensors Market by Application (Powertrain/Drivetrain, Exhaust, Interior/Comfort, DAS, & Body Control), by Sensor Type (Pressure, Temperature, Speed, O2/NOx, Position, & Others) & by Geography - Trends & Forecast to 2019" by MarketsandMarkets, defines and segments the global passenger car sensors market with analysis and forecasting of their respective values. The Asia-Pacific market for passenger car sensors market is projected to reach $83.30 Billion by 2019.
Browse 96 market data tables and 37 figures spread through 234 pages and in-depth TOC on "Passenger Car Sensors Market - Global Trends & Forecasts to 2019".
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Asia-Pacific: Driving the Market
The Asia-Pacific region has been the largest contributor to the automotive industry's growth over the past few years. The recent financial meltdowns in the developed regional markets such as Europe and North America have further intensified the focus of automotive OEMs on the region. The Asia-Pacific region was able to sustain its economy during the financial crisis and therefore has been at the forefront in terms of vehicle sales and production across the globe. The growing economy and advancements in the regulatory framework in the region has also helped the passenger car sensors market's boom in the region. The Asia-Pacific region is expected to remain the largest market for passenger car sensors for the next five years.
Driver-Assistance Systems: The Way to the Future
Safety regulations across the globe are making it mandatory for automotive OEMs to employ technologies such as ABS, ESC, and TPMS in their vehicles. This has created a huge client base for passenger car sensors manufacturers in the form of global automotive OEMs. The rising demand for driver-assistance system sensors is further intensified by the demand for these systems at the customer's end. This segment of the market therefore provides the largest potential for the passenger car sensors manufacturers to capitalize on.
The report covers the markets for the passenger car sensors in terms of value ($million) across regions such as Asia-Pacific and Europe. It explains the qualitative aspects of passenger car sensors with respect to technology and advancements over the course of time. Apart from geographic segments (Asia-Pacific, North America, Europe, ROW), the report is also segmented by sensor type (Pressure, Temperature, Speed, Nox/O2, Position, and others) and by application (Power train/Drive train, Exhaust, Interior/Comfort, DAS, and Body Control).
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This report also shows an overview of the technological aspects of passenger car sensors, their working and the use of these technologies. It also covers the value chain, Porter's five forces analysis, competitive landscape, and company profiles for major players in the market for passenger car sensors.
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