London, UK (PRWEB) October 03, 2013
In 2013, the global automotive electronics market surpassed the USD 191.29 billion mark. It is forecast to register a 7.3% CAGR during 2013-2020 and climb to USD 314.4 billion by end-2020. The market growth is likely to be spurred by such factors as favourable government regulations, growing demand for automotive safety systems safety features, and an increase in the use of networking technologies in a variety of automotive applications.
In 2012, the automotive sensors market was worth approximately USD 16.2 billion. It is poised to be just over USD 2.59 billion in 2013 and to amount to USD 4.7 billion by 2020. The market growth is supported by the various regulatory mandates for improving fuel efficiency and tightening emissions standards, growing requirements for advanced safety systems, consumer demand for comfort and safety, and also by the growth in the hybrid and electrical vehicle sector (HEV) sector.
Topical research report “Global Automotive Sensors Market with Special Focus on MEMS Sensors” drawn up by Industry Experts has been recently published by Market Publishers Ltd.
Title: Global Automotive Sensors Market with Special Focus on MEMS Sensors
Published: August, 2013
Price: US$ 4,320.00
The report provides an insightful analysis of the global automotive sensors market, with a special focus on MEMS sensors. It presents a comprehensive market assessment by product, end-use application and geography. The research study uncovers historical and current data on the industry performance, describes the competitive scenario and reviews the leading companies operating in the world automotive sensors market. The report examines key trends prevailing in the market, besides discussing the major product and business trends. In addition, an extensive future outlook for the global automotive market through 2020 is available in the study.
The product segments analyzed in this study include: position sensors, pressure sensors, speed sensors, oxygen sensors, accelerometers, rollover sensors, yaw rate sensors, temperature sensors, mass airflow sensors and other automotive sensors.
More in-demand research reports by the publisher can be found at Industry Experts page.