The global market for automobile sensors was $14.1 billion in 2011 and is expected to reach nearly $15.2 billion by 2012. BCC projects this market to grow at a compound annual growth rate (CAGR) of 7.7% reaching $22.1 billion in 2017.
The total value of the Asia-Pacific segment for automobile sensors was $6.9 billion in 2011 and is expected to grow to $7.5 billion in 2012. This particular segment is expected to reach nearly $11.1 billion by 2017, a CAGR of 8.2% between 2012 and 2017.
The Asia-Pacific sector for various types of rotational motion sensors was valued at $1.3 billion in 2011. BCC expects this market will reach $1.4 billion in 2012, and will further grow to $2.1 billion by 2017, a CAGR of 8.3%.
STUDY GOALS AND OBJECTIVES
The automotive industry is being revolutionized by technological innovation. The performance of vehicles, safety and comfort are being improved by using automotive sensors in various systems including air bags, tire pressure monitoring and vehicle stabilization control. Most of these innovations have been through improved electronics and advanced sensors, using technologies like silicon micro-engineering, thick film, capacitive, variable reluctance, optical and radar. New applications are emerging particularly in emission control and safety areas, apart from the sensors already being used for oil pressure, coolant temperature, vehicle speed and fuel level. The sensors field has become more challenging regarding robustness, reliability, quality and finally cost. This report will look at the various sensors used in an automobile, the global and regional market for these sensors, and their applications.
REASONS FOR DOING THE STUDY
Increased demand for convenience, comfort, safety, efficiency and environmental protection drives the automotive sensor market. Sensors integrated with electronics, communications and computer intelligence are poised for a growth surge. “Smart sensors” or “intelligent sensors” are integrated sensors with intelligence and will be used in conjunction with all types of devices. The advent of the “smart car” has major implications for the automobile industry as well as the sensor industry, and this report will study the route that is being taken by various automobile and sensor manufacturers in achieving the ultimate goal of the “smart car.”
The report should attract the attention of engineering technologists and make them more aware of how sensors can contribute to system control and monitoring in an automobile. This report is intended to serve as a valuable resource for all personnel involved in the design and production of automobile sensors, associated systems and automobiles; for researchers working in the development of new sensor technologies for use in various automobiles; and for manufacturers of different types of automobile sensors
SCOPE OF REPORT
In today’s automobile industry, systems controlled by sensors have become an integral part, and this has made most electro-mechanical devices more refined and more efficient with their application. The development and deployment of a number of sensing technologies support and enable the introduction of advanced electronic systems, although there are challenges regarding robustness, reliability, quality and cost. Although new sensors are emerging to improve system functionality and enable future advanced systems, existing sensors will also continue to find new applications, building upon their past record of performance. This report will study the areas in the production of an automobile that have advanced with the use of sensors, and the markets for these sensors in various applications and regions.
For this report, automobiles are considered to include all passenger cars, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs) and buses.
For more information kindly visit :
Research Report on Global Markets for Automotive Sensor Technologies – Focus on Asia
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