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Global Automotive Steering Sensors Market 2016 Share, Trend, Segmentation and Forecast to 2020

Tuesday, November 8, 2016 21:35
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The power to stop drunk driving is now in the palm of your hand”, is what ‘sober steering’, a biosensor provider for steering wheel has come up with. This external sensor pad detects alcohol in the gases exuding from the palm and immobilizes the vehicle, preventing major accidents. Guttersberg Automotive has developed and patented a unique multifunctional sensor system within the steering wheel that senses the firmness of the driver’s grip, a solution to help save the lives when the driver enters a state of “microsleep”. This new innovation can be regarded next level achievement of the sensor technology in offering a safer ride.

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The global market for automotive steering sensors is estimated to grow at a CAGR of 13.65% till 2020. Europe was the largest market for automotive steering sensors as of 2015. However, Asia-Pacific region is expected to become the major market for the manufacture of these systems, with India, Japan and China stepping ahead towards becoming automotive component manufactures hubs and sourcing to countries such as US and Germany.

Hella is now working on cutting down the packaging height to allow small crash length and also on the sensors size and weight reduction. Employing its patented contactless inductive position sensor (CIPOS), Hella is able to achieve high flexibility, and proven insensitivity. KMT telemetry came up with a new steering effort sensor, which boasts of a control unit that simultaneously provides a free configurable CAN output for the data transfer of all parameters plus two analog output for steering angle and torque. Further, with this sensor, all the features of multi-function steering wheels can be maintained because no modifications to the original steering wheel are needed.

BEI Sensors, Kraus Messtechnik GmbH, Hella KGaA Hueck & Co, Honeywell, Mountz Incorporated, TE Connectivity Ltd., Continental AG, MTS Systems Corporation and Sensor Developments Inc. are some of the key players in the manufacture of these sensors.

Increasing global population and a subsequent spike in the vehicle owning households, spiked up demand for mobile monitoring devices such as heart rate monitors, growing government regulations to monitor the driver safety are some of the major factors that are driving the market for automotive steering sensors towards growth. Growth in the popularity for hybrid and fuel cell vehicles, which have an exponential use of sensors for motor speed and position, is another growth opportunity for the automotive steering sensor market.

The market was segmented based on the technology type, by type, and by geography. The market for steering sensors is expected to grow considerably over the coming 5 years. This can be accounted to the latest advancements in the steering angle and multifunctional intelligent system sensors, aiding in a better and safer drive.

Our Report Offerings

This report on Global Automotive Steering Sensors market, analyzes the current market trends on a global and region scale in detail. 
This report offers the technical aspects and economic data of the market and its forecast to the next 5 years (2015-2020). 
It also discusses the latest technologies in the steering sensor systems that are under development and in research pipeline. 
This report provides the list of major players in the market and gives an in depth analyst perspective of what makes the products and strategies of these players stand out.

Complete report details @ https://www.wiseguyreports.com/reports/365118-global-automotive-steering-sensors-market-growth-trends-and-forecasts-2015-2020             

Key points in table of content

1. INTRODUCTION

1.1 Study Deliverables

1.2 Market Definition

1.3 Sizing Units

1.4 Base Currency

1.5 Review and Forecast Period Years

1.6 General Study Assumptions

1.7 New Developments in R&D/ Latest Technologies

2. RESEARCH METHODOLOGY

2.1 Introduction

2.2 Analysis Methodology

2.3 Econometric Forecast Model

2.4 Research Assumptions

3. EXECUTIVE SUMMARY

4. KEY INFERENCES

5. MARKET OVERVIEW AND TECHNOLOGY TRENDS

5.1 Current Market Scenario

5.2 Applications of Steering Sensors

5.3 Investment Analysis

5.4 Porter’s Five Forces Framework

5.4.1 Bargaining Power of Suppliers

5.4.2 Bargaining Power of Consumers

5.4.3 Threat of New Entrants

5.4.4 Threat of Substitute Products and Services

5.4.5 Competitive Rivalry within the industry

5.5 Drivers, Restraints, Opportunities and Challenges

5.6 Technology Trends

6. AUTOMOTIVE STEERING SENSORS MARKET, BY TYPE

6.1 Health Monitoring Systems

6.2 Torque and Angle Sensors

6.3 Intelligent Multifunctional Sensor Systems

6.4 Position Sensors

6.5 Others

7. AUTOMOTIVE STEERING SENSORS MARKET, BY TECHNOLOGY

7.1 Contacting

7.2 Magnetic

7.3 Others

8. AUTOMOTIVE STEERING SENSORS MARKET, BY GEOGRAPHY – Regional Share and Forecasts

8.1 North America (NA)

8.1.1 Introduction

8.1.2 United States

8.1.3 Canada

8.1.4 Rest of North America

8.2 Europe (EU)

8.2.1 Introduction

8.2.2 U.K.

8.2.3 France

8.2.4 Germany

8.2.5 Russia

8.2.6 Italy

8.2.7 Rest of Europe

8.3 Asia-Pacific (APAC)

8.3.1 Introduction

8.3.2 China

8.3.3 Japan

8.3.4 India

8.3.5 Australia

8.3.6 South Korea

8.3.7 Rest of Asia-Pacific

8.4 Middle-East and Africa (MEA)

8.4.1 Introduction

8.4.2 South Africa

8.4.3 Saudi Arabia

8.4.4 UAE

8.4.5 Rest of the MEA

8.5 Latin America

8.5.1 Introduction

8.5.2 Brazil

8.5.3 Argentina

8.5.4 Mexico

8.5.5 Rest of Latin America

9. COMPETITIVE LANDSCAPE

9.1 Market Share Analysis

9.2 Organic and Inorganic Growth Strategies

9.3 Patent Analysis

9.4 The Challenges

9.5 Zero-Sum Quadrant

10. KEY VENDOR ANALYSIS

10.1 Active Sensors

10.2 BEI Sensors

10.3 Bourns, Inc.

10.4 Continental AG

10.5 Danfoss

10.6 De Amertek Corporation

10.7 Future Electronics

10.8 Guttersberg Consulting GmbH

10.9 Hella KGaA Hueck & Co

10.10 Honeywell

10.11 Mountz Incorporated

10.12 Moving Magnet Technologies SA

10.13 MTS Systems Corporation

10.14 Novotechnik U.S., Inc

10.15 Sensor Developments Inc.

10.16 SSI Technologies, Inc.

10.17 Takata Corporation

10.18 TE Connectivity Ltd.

11. ANALYST OUTLOOK FOR INVESTMENT OPPORTUNITIES

12. FUTURE OUTLOOK OF THE MARKET

13. APPENDIX

Get this report @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=365118

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NORAH TRENT

Partner Relations & Marketing Manager

sales@wiseguyreports.com

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)           

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