Navigation Links
Sensors Market for Automotive Applications Worth $33.59 Billion by 2022 – New Report by MarketsandMarkets

(PRWEB) September 23, 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", published by MarketsandMarkets, the total automotive sensor market is expected to reach $33.59 billion by 2022 at a CAGR of 7.8%; 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% from 2013 to 2022.

Browse 79 market data tables and 48 figures spread through 368 pages and in-depth TOC on "Sensors Market For Automotive Applications".

Early buyers will receive 10% 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 (Micro electromechanical Systems sensors) is the most promising sensor technology; and is likely to emerge as a game changer for the automotive world.

The revenue for the automotive sensor market is expected to grow from $15.94 billion that it accounted for in 2012 to $33.59 billion by 2022, at an estimated CAGR of 7.8% from 2013 to 2022. The volume of sensors used for automotive applications, estimated to be 2,965.37 million units, is expected to rise up to 8,930 million units by 2022, with a CAGR of 11.7% from 2013 to 2022.

The automotive sensor market is poised to grow due to several enabling factors; however, there continues to be some restraint to the growth. For automotive sensor market - worldwide vehicle production, technology developments, customer preference, and government mandates are acting as drivers; whereas pricing issues, high expectations from automotive OEM, and inadequate aftermarket services and products are acting as restraints. The increasing demand of Advance Driver Assistance Systems (ADAS),and hybrid and electric vehicles (EV), are the future opportunities for automotive sensors.

In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing the market growth; offering an in-depth geographic analysis of the automotive sensor market in North America, Europe, Asia-Pacific, and ROW; and further segmented to different countries. The report draws the competitive landscape of the automotive sensor market, providing an in-depth comparative analysis of the technological and marketing strategies that the key players are adopting in order to gain an edge over their competitors.

The report profiles thirty two promising players from the automotive sensor market ecosystem. Some of the key players in the automotive sensor market include Abbott Analog Devices Inc. (U.S.), Continental AG (Germany), Delphi Corporation (U.S.), Denso Corporation (Japan), Free scale Semiconductor Ltd. (U.S.), Honeywell International Inc. (U.S.), Johnson Controls Inc. (U.S.), Magna International Inc. (Canada), NXP Semiconductors N.V. (Netherlands), Robert Bosch GmbH (Germany), and Texas Instruments Inc. (U.S.) among others.

Browse Related Reports
Torque Sensor Market - By Technology (Rotary, Static/Reaction and Magneto elastic, IR, SAW and Optical), Application (Automotive, Industrial, Test & Measurement, Aerospace & Defense, Medical) and Geography, Global Forecast & Analysis (2013-2018)

Image Sensors Market Analysis and Forecast (2013 – 2018): By Applications (Healthcare (Endoscopy, Radiology, Ophthalmology), Surveillance, Automobile, Consumer, Defense, Industrial)); Technology (CCD, CMOS, Contact IS, Infrared, X-ray) and Geography.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, agriculture industry, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @
Connect with us on LinkedIn @

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Global Silicon Photonics Market (Silicon Optical Modulators, Sensors & Interconnects) Worth $2.02 billion by 2015 - New Report by MarketsandMarkets
2. BCC Research Publishes A New Report On Global Markets For Microsensors
3. Image Sensors Market By (Verticals, Applications, Technology & Geography) worth $10.75 Billion - 2018 – New Report by Marketsandmarkets
4. Image Sensors Market (Applications, Technology, Geography) Worth $10.75 Billion by 2018 - New Report by MarketsandMarkets
5. Home Security Solutions Market (Electronic Locks, Sensors, Cameras, Panic Button) Worth $34.46 Billion by 2017 – New Report by MarketsandMarkets
6. MEMS Market Biosensors and Nanosensors 2013 Analysis in New Research Report at
7. Medical Sensors Market Report Is Focused on Giving a Bird’s Eye-View of the Industry With Regards to Global Sensors Market in Healthcare – Report by MarketsandMarkets
8. Global Biosensors Market Is Expected to Reach USD 18.9 Billion in 2018 - Transparency Market Research
9. Digital Health Funding, Sensors, DNA, Big Data, and Reimbursement Hot Topics at Living in Digital Times' Digital Health Summer Summit
10. Technological advancement is opening new doors to the growth of Pressure Sensors for automotive and medical applications - New Report by MarketsandMarkets
11. Image Sensors Market to Reach $10.75 Billion by 2018 at a CAGR of 3.84% - New Report by MarketandMarkets
Post Your Comments:
(Date:6/27/2016)... ... June 27, 2016 , ... recently awarded their highest five-star rating ... Millions of individuals in the United States and Canada wear eyeglasses. Once considered to ... correct vision and make a fashion statement. Even celebrities use glasses as a way ...
(Date:6/26/2016)... ... ... Brent Kasmer, a legally blind and certified personal trainer is helping to develop a weight ... app plans to fix the two major problems leading the fitness industry today:, ... program , They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... ... , ... "With 30 hand-drawn hand gesture animations, FCPX users can easily customize ... Pixel Film Studios. , ProHand Cartoon’s package transforms over 1,300 hand-drawn pictures into ... Simply select a ProHand generator and drag it above media or text in the ...
(Date:6/25/2016)... ... ... Conventional wisdom preaches the benefits of moderation, whether it’s a matter of ... too high can result in disappointment, perhaps even self-loathing. However, those who set the ... Research from reveals that behind the tendency to set low expectations ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Pulmonary Hypertension ... that it will receive two significant new grants to support its work to ... its 25th anniversary by recognizing patients, medical professionals and scientists for their work ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... -- Research and Markets has announced the addition ... - Forecast to 2022" report to their offering. ... to date financial data derived from varied research sources to ... potential impact on the market during the next five years, ... of sub markets, regional and country level analysis. The report ...
(Date:6/23/2016)... Ill. and INDIANAPOLIS , ... students receiving a Lilly Diabetes Tomorrow,s Leaders Scholarship is ... 2016 scholarship winners, announced today online at ... let type 1 diabetes stand in the way of ... has supported the Foundation,s scholarship program since 2012, and ...
(Date:6/23/2016)... , June 23, 2016 ... "Surgical Procedure Volumes: Global Analysis (United States, China, ... Canada)" report to their offering. ... essential tool for healthcare business planners, provides surgical procedure ... at surgery trends with an in-depth analysis of growth ...
Breaking Medicine Technology: