Irving, TX (PRWEB) September 25, 2012
Robust growth triggered by expanding vehicle sales and demand for more modern vehicles has revolutionized the automotive industry with sophisticated electronic features. The industry experienced good growth during 2006-2011; however, it is expected to have a modest growth over 2012-2017 and reach an estimated $7.73 billion by 2017.
Lucintel, a leading global management consulting and market research firm, has analyzed the global automotive engine and transmission sensors industry and offers its findings in its comprehensive research report, “Global Automotive Engine and Transmission Sensors Industry 2012-2017: Trend, Profit, and Forecast Analysis.”
The global automotive engine and transmission sensors industry is a segment of the global automotive sensors industry. This report covers four regions: North America, Europe, Asia Pacific (APAC), and the Rest of World. APAC, which dominated the industry during 2006-2011, is expected to retain its leading position due to rising automotive sales and high diesel engine sales especially in India and China.
Lucintel has identified fuel efficiency as well as manufacturing and designing costs as major challenges, whereas global expansion in vehicle sales, hybrids, and electric engines and green revolution are industry growth stimulators.
The industry is characterized by increasing quantities of power electronics in vehicles, which is anticipated to fuel positive growth over 2012-2017, especially for emerging powertrain systems and transmission controls. Introduction of alternative fuel vehicles such as plug-in hybrids and electric vehicles are expected to drive industry opportunity.
This Lucintel report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. This report provides industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, and industry forecasts. In addition, the study comprises Porter's Five Forces Analysis, product launches, and M&A activities during last five years that determine opportunities by geographic region and industry segment, the industry’s competitive landscape, and profitability trend and analysis of the major industry players. The key insights sections present beneficial information on individual segment's growth and regional growth trends.
For a detailed table of contents and pricing information on this timely,market repor t, contact Lucintel at +1-972-636-5056 or via email at firstname.lastname@example.org. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.