Online:
Visits:
Stories:
Profile image
By Credence Research
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Motor Vehicle Sensors Market to 2022 – Global Indusrty Size, Share, Growth, Outlook, Opportunities and Forecast : Credence Research

Tuesday, March 14, 2017 3:11
% of readers think this story is Fact. Add your two cents.

(Before It's News)

According to a new market report published by Credence Research Inc “Motor Vehicle Sensor Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022,” the motor vehicle sensor market is expected to reach US$ 28.25 Bn by 2022, with the rising production and consumption of motor vehicles across the world.  Governments of developed countries are focusing to reduce emission and greenhouse effect which is driving the demand for motor vehicle sensors. Increasing importance of vehicle and drivers safety also expected to increase the demand for motor vehicle sensors used for safety and security application across the world.

Browse Full Report At http://www.credenceresearch.com/report/motor-vehicle-sensors-market

Based on application, the market is classified into safety and security, engine and drivetrain, emission control and other. Engine and drivetrain was the largest application segment for motor vehicle sensors. The segment is expected to influence the growth of overall motor vehicle sensors market with rising production of motor vehicles. Sensors used for safety and security applications in motor vehicles are expected to witness the fastest growth with rising demand for driver assistance systems and integration of vehicle safety technologies. In addition, mandatory regulations to reduce vehicle emission are also driving the demand for motor vehicle sensors used for emission control application.

Physical property sensors accounted for the largest revenue share in the overall motor vehicle sensors market by type. Technology advancement in physical property sensor along with improved efficiency and affordable price are driving the demand for physical property sensors. Proximity and positioning segment is expected to witness the fastest growth with rising demand for driver assistance and GPS systems used in motor vehicles.

Request Free Sample : http://www.credenceresearch.com/sample-request/57964

Asia Pacific is the largest as well as the fastest growing regional market for motor vehicle sensors. China and India are major markets for motor vehicle sensors in Asia Pacific with rising production of motor vehicles in these regions. North America and Europe are matured markets and expected to witness steady growth in the next six years with improving economic conditions and increasing demand for advanced vehicles in these regions. In addition, stringent emission control and fuel consumptions regulations are driving the demand for sensors used for emission control application in these regions.

The global motor vehicle sensor industry is highly fragmented with large number of international players. Some major players in the global motor vehicle sensor market include Denso Corporation, Robert Bosch, Valeo, Delphi Automotives, Continental AG and Hitachi Automotives among others.

Latest Report:

About Us:

Credence Research is a worldwide industry research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

Contact:

Name: Chris Smith (Global Sales Manager)

Address: 105 N 1st ST #429, SAN JOSE,
CA 95103, United States

Ph: 1-800-361-8290

E-mail: sales@credenceresearch.com

Website: http://www.credenceresearch.com

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.