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New Research report on Automotive Powertrain Sensors Market 2017-2021

Tuesday, January 10, 2017 5:37
% of readers think this story is Fact. Add your two cents. providing Global Automotive Powertrain Sensors Market 2017-2021 report is the latest addition. The analysts forecast the global automotive powertrain sensors market to grow at a CAGR of 5.52% during the period 2017-2021.

The global automotive powertrain sensors market is concentrated for OEMs, while the aftermarket is fragmented with intense competition. This competition is expected to intensify during the forecast period due to product extensions and innovations. Many international players are expected to grow organically during the forecast period by expanding customer base and creating a differentiated product.

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This report covers the present scenario and the growth prospects of the global thoracic surgery market for 2017-2021. To calculate the market size, This report considers the revenue generated from the sales of automotive powertrain sensors.

The automotive industry has been witnessing growing demand for fuel-efficiency, safety, and reduced emissions in the interests of promoting a better driving and travel experience from consumers. This is increasing the number of powertrain sensors that increase the efficiency of powertrain operation. Pressure sensors, position sensors, temperature sensors, and speed sensors are some of the sensors that enhance the efficiency of the powertrain.

The following companies are the key players in the global automotive powertrain sensors market: Bosch, Continental, Sensata Technologies, Texas Instruments, NXP Semiconductors, and Murata Manufacturing. Other Prominent Vendors in the market are: Delphi Automotive, DENSO, Infineon Technologies, Mitsubishi Electric, and PCB Piezotronics

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Further, the report states that automotive MEMS sensors are being used in the automotive segment for quite some time owing to the compact size and smaller external packaging than traditional technologies. The MEMS technology has a penetration rate of about 90% in the pressure sensors category and other applications such as safety systems that are mandated by government authorities will saturate the developed markets such as the US and Europe. Therefore, subsequent growth will be organic through emerging markets such as India, China, and Brazil.

The report, Global Automotive Powertrain Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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