Some of the key players profiled in this report are Continental AG, Denso Corporation, Robert Bosch GmbH, Delphi Automotive PLC, Analog Devices Inc., CTS Corporation, Infineon Technologies, Infineon Technologies, Allegro Microsystems LLC, Elmos Semiconductors, and TRW Automotive.
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As per the analysis offered by Market Research Future (MRFR), the global passenger car sensors market is expected to grow at a steady but constant pace over the forecast period 2016 to 2022. The growth of the automotive sector coupled with increasing demand for automobiles is likely to have a direct and favorable impact on the expansion of the market in the foreseeable future.
Passenger car sensors promote efficiency while increasing road safety. According to the World Health Organization (WHO)’s statistics, 1.25 million people die every year in road accidents, which makes it a daily average of 3,287 deaths. This has gained much attention from the governing authorities who are investing in the proliferation of the passenger car sensors market.
The rising concern regarding carbon emission has led to an increase in the adoption of sensors for meeting emission norms. The strict emission norms set by the governments globally for reducing carbon footprints are presumed to boost the future trajectory of the global passenger car sensors market over the next few years.
The developments in the automotive technology brought by the advancements in sensors such as tire pressure monitoring systems, electronic stability control, occupant detection, and heating & ventilation air conditioning (HVAC) among others are likely to favor the expansion of the passenger car sensors market. However, the high cost associated with the technology is anticipated to check the expansion of the market in the upcoming years.
By sensor type, the global passenger car sensors market has been segmented into pressure, temperature, speed, and others.
By application, the passenger car sensors market has been segmented into powertrain/ drivetrain, exhaust, interior/comfort, Das and body control.
Among these, Asia Pacific is currently dominating the global market. The favorable policies framed by the governments for restricting emission levels and ensuring road safety are likely to propel the expansion of the passenger car sensors market over the assessment period. Furthermore, the region has transformed into a manufacturing hub and attracts massive investments from global players. This, in turn, is expected to favor the proliferation of the market in the region across the projection period.
Europe is another important growth pocket and is presumed to grow significantly through the forecast period. The booming automotive sector in the region is poised to catalyze the growth of the passenger car sensors market in the foreseeable future. In addition, the rapid advancements in the automotive sensor technology coupled with the growing transportation industry have neem prognosticated to drive the growth of the market over the assessment period.
In February 2019, the U.S.-based SMK Electronics has collaborated with CAARESYS, a leader in automotive technology, for the accelerated development of automotive occupancy and biometric detection sensors. The sensors are being designed for next-generation passenger occupancy systems.
In January 2019, a leader in intelligent radar systems, Ainstein, has announced the launch of an autonomous automotive imaging radar sensor, K 79, for autonomous operation of vehicles during hazardous conditions.
In September 2018, Germany has announced the availability of the world’s first autonomous tram in the city of Potsdam. The tram is embedded with multiple radar, camera, and lidar (light from a laser), sensors.
In July 2018, Pirelli, a multinational company based in Milan, Italy, has announced the introduction of smart tires embedded with pressure and temperature sensors for monitoring load and wear.
Table Of Content:
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE:
1.3.1 GLOBAL PASSENGER CAR SENSORS MARKET: BY SENSOR TYPE
1.3.2 GLOBAL PASSENGER CAR SENSORS MARKET: BY APPLICATION
1.3.3 GLOBAL PASSENGER CAR SENSORS MARKET: BY REGION
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCHPT
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION
3 MARKET DYNAMICS
3.2 MARKET DRIVERS
3.3 MARKET CHALLENGES
3.4 MARKET OPPORTUNITIES
4 EXECUTIVE SUMMARY
5. MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS
5.2 SUPPLY CHAIN ANALYSIS
6 GLOBAL PASSENGER CAR SENSORS MARKET
6.2 MARKET STATISTICS
6.2.1 BY SENSOR TYPE
LIST OF TABLES
TABLE 1GLOBAL PASSENGER CAR SENSORS MARKET, BY SENSOR TYPE
TABLE 2 GLOBAL PASSENGER CAR SENSORS MARKET, BY APPLICATION
TABLE 3 GLOBAL PASSENGER CAR SENSORS MARKET, BY REGIONS
TABLE 4 NORTH AMERICA PASSENGER CAR SENSORS MARKET, BY COUNTRY
TABLE 5 NORTH AMERICA PASSENGER CAR SENSORS MARKET, BY SENSOR TYPE
TABLE 6NORTH AMERICA PASSENGER CAR SENSORS MARKET, BY APPLICATION
TABLE 7U.S. PASSENGER CAR SENSORS MARKET, BY SENSOR TYPE
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 GLOBAL PASSENGER CAR SENSORS MARKET: BY SENSOR TYPE (%)
FIGURE 3 GLOBAL PASSENGER CAR SENSORS MARKET: BY APPLICATION (%)
FIGURE 4 GLOBAL PASSENGER CAR SENSORS MARKET: BY REGION
FIGURE 5 NORTH AMERICA PASSENGER CAR SENSORS MARKET, BY SENSOR TYPE (%)
FIGURE 6 NORTH AMERICA PASSENGER CAR SENSORS MARKET, BY APPLICATION (%)
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