The automobile sector is one of the fastest growing sectors globally.
The rising government regulations for driver safety and emission
norms, the market for automotive sensors is set to increase globally.
Automotive sensors are core element of a vehicle in powertrain,
chassis and body electronics components. Modern vehicles are equipped
with various sensors which provide critical data relating to
performance, comfort, safety and convenience. The first automotive
sensor found its application for the measurement of inlet manifold
absolute pressure (MAP) in early ignition and fuelling control
systems which are still being used. Many other sensors such as
exhaust gas sensor, crankshaft position sensor, temperature sensors
and air mass flow sensors are used to enhance powertrain performance.
Exponential growth in government regulations owing to emission norms
and vehicle driver safety is one of the major factors fueling demand
of the automotive sensors market.
Automotive Sensors Market has been segmented into five segments based
on type.
> Pressure Sensor
> Temperature Sensor
> Gas Sensor
> Motion Sensor
> MEMS Sensor
Out of all the types of automotive sensors in the market, the
micro-electro-mechanical (MEMS) sensors segment held the biggest
share due to growing demand for electronic stability programme (ESP),
vehicle dynamic control (VDC), and anti-lock braking system (ABS) in
emerging economies of Asia Pacific. Amongst the components, the
powertrain segment held the dominant share in the global automotive
sensors market. Automotive sensors are also used in climate control,
airbag restraint systems, engine management systems, power steering
systems, crankshaft position sensors, and camshaft position sensors.
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Powertrain segment held the largest market share in the automotive
sensors market. Powertrain components include camshaft and crankshaft
position sensors, fuel temperature, fuel pressure, oxygen sensor and
exhaust gas recirculation (EGR) valve position among others. Among
the various types, micro-electro-mechanical (MEMS) sensors held the
largest market share. Increasing vehicle safety features such as
Anti-lock Braking System (ABS) and Electronic Stability Programme
(ESP) and vehicle dynamic control (VDC) in developing countries of
Asia Pacific is one of the major factors fueling demand of MEMS
sensors market. India and China are the major markets for passenger
cars in Asia Pacific. In addition, increasing trend towards luxurious
lifestyle is also expected to boost demand in the automotive sensors
market during the forecast period. However, increasing demand for
Hybrid Electric Vehicle (HEVs) and Fuel Cell Vehicle (FCVs) have
resulted in the growth of current sensor, motor speed sensor and gas
detection sensors in HEVs and FCVs market.
In 2014, Europe accounted for the largest market share in the
automotive sensors market. Exponential growth in the logistics
industry, in addition to increasing information about safety, and
setup of Low Emission Zones (LEZs) in European Union is fueling the
demand for HEVs which is also boosting demand of automotive sensors
in this region. Asia Pacific is one of the fastest growing markets
because of government regulations concerning about driver safety
features. Rise in driver and occupant comfort has resulted in
implications of advanced technologies. Some of the techlologies such
as automatic wipers, headlight leveling, automatic climate control
and parking assistance among others have resulted in the growth of
automotive sensors in Asia Pacific. In addition, increasing awareness
about driver safety systems such as anti-lock braking systems,
electronic stability control and adaptive cruise control among others
are also boosting growth of the automotive sensors market in Asia
Pacific.
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