TechNavio recognizes the following companies as the key players in the Global Crankshaft Sensor Market: Allegro MicroSystems Inc., Asahi Kasei Corp., Continental AG, Delphi Automotive plc, Denso Corp., Infineon Technologies AG, Micronas Semiconductor Holding AG, and Robert Bosch GmbH.
Commenting on the report, an analyst from TechNavio’s team said: “Automobile manufacturers are focusing on new customer-centric business models to provide better customer service and experience in response to the increasing competitive pressure in the market. Therefore, automobile manufacturers are increasingly developing vehicles that provide more comfort, good maneuverability, and an easy and smooth driving experience for customers to achieve better customer relationships and brand loyalty. This is leading to increased sales of automobiles and increasing the demand for automotive sensors and thus crankshaft sensors.”
According to the report, one of the main drivers in this market is the implementation of stringent fuel efficiency standards. The tightening of fuel economy standards globally has a direct positive influence on the demand for automotive advanced systems which are integrated with sensors, thus resulting in increasing demand for crankshaft sensors.
Further, the report states that one of the main challenges in this market is the recent economic slowdown, which has affected the overall sales of automobiles and in turn, the Global Crankshaft Sensor market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-crankshaft-sensor-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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