Irving, TX (PRWEB) May 19, 2013
With good opportunities for growth anticipated in the global market for automotive sensors, the industry is estimated to reach in annual revenue $18.8 billion in 2017. The global automotive sensors industry is consolidated industry and involves automotive vehicle manufacturers and automotive component suppliers as its major customers.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis of the industry and presents its findings in “Top Five Global Automotive Sensor Companies: Performance, Strategies, and Competitive Analysis.” The report provides detailed insight into the performance of the top five automotive sensor companies across the world. The analysis highlights the companies that are performing the best among the peer group, and in which areas, and therefore clarifies leading performance standards and the strengths and weaknesses of companies covered.
The industry is largely driven by growth in the sales of vehicles that are served with various sensor applications. These applications are segmented as engine and transmission, safety and security, body applications, chassis applications, and driver support. The US, Europe and Asia Pacific (APAC), specifically China, India, and Japan, are found the major regions attaining global growth for sensors in automotive applications. In this study, Lucintel profiles the following five companies with competitive assessments:
- Continental AG
- Delphi Automotive PLC
- Denso Corporation
- Honeywell International Inc.
- TRW Automotive Holdings Corp.
During 2005-2011, the growth was highest in APAC, driven by greater recognition of sensor benefits in India, ensuring economies of scale and improving production growth.
This industry research report study is intended to provide industry leaders with a competitive benchmarking of the world’s top five automotive sensor companies. The study provides up-to-date information on the market share, profit margins, capabilities, and strategies of the leaders. The report helps current suppliers realistically assess their capabilities and strategies, vis-a-vis leading competitors. It is designed to provide executives with strategically significant competitor information, analysis, and insight, critical to the development and implementation of effective marketing and sales plans.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight,M & A due diligence and cost efficiency. To learn more, visit http://www.lucintel.com.