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Demand For Automotive Sensor Applications Will Continue To Grow Unabated

Demand For Automotive Sensor Applications Will Continue To Grow Unabated

Automotive Sensor Technologies: Global Markets


The global market for automotive sensor technologies is an estimated $13.2 billion in 2010, but is expected to increase to $19.1 billion in 2015, for a 5-year compound annual growth rate (CAGR) of 7.7%. The largest segment of the market, power train systems, is estimated to be worth nearly $6.1 billion in 2010, and is expected to increase at a CAGR of 7.3% to reach $8.6 billion in 2015. The second-largest segment, safety management systems, is expected to reach nearly $6.4 billion in 2015, after increasing at a CAGR of 7.3% from an estimated $4.5 billion in 2010.Revenue in the driver support systems segment is expected to be $1.7 billion in 2010, and rise to more than $2.4 billion in 2015, for a 5-year CAGR of 7.1%. ( http://www.bharatbook.com/detail.asp?id=145079&rt=Automotive-Sensor-Technologies-Global-Markets.html )

The smallest segment, alternate fuel vehicles, is estimated at $950 million in 2010, and is projected to increase at a healthy CAGR of 12.7% to reach $1.7 billion in 2015. Automotive vehicle sensor development and usage will be a dominant technology thrust over the next 5 to 7 years. Cars are smart now, but will become much smarter with the expansion of sensor technology in conjunction with microprocessor control. The automotive market is a significant portion of the total sensor market.

A range of technologies has been used over the past 20 years, including silicon micro-engineering, thick film, capacitive, variable reluctance, optical, and radar. As the electronic content in vehicles increases, demand for automotive sensor applications will continue to grow unabated.Demand For Automotive Sensor Applications Will Continue To Grow Unabated


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.

For more information kindly visit : http://www.bharatbook.com/detail.asp?id=145079&rt=Automotive-Sensor-Technologies-Global-Markets.html

Related Reports

World Automotive Sensors to 2014

http://www.bharatbook.com/detail.asp?id=144483&rt=World-Automotive-Sensors-to-2014.html

The 2010-2015 Outlook for Automotive Sensors in India

http://www.bharatbook.com/detail.asp?id=127663&rt=The-2010-2015-Outlook-for-Automotive-Sensors-in-India.html

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