TechNavio recognizes the following companies as the key players in the Global Automotive Sensors market: Continental AG, Delphi Automotive plc, Denso Corp.,and Robert Bosch GmbH
Commenting on the report, an analyst from TechNavio’s team said: “Smart sensors are used in air bag safety systems in automobiles, specifically passenger cars. One of the main trends witnessed in the Global Automotive Sensors market is the increasing demand for smart sensors. Conventional air bags are not that effective in sensing accidents, whereas smart sensors can quickly sense an impending crash, its nature, the vehicle position, and also determine the type of airbag to be used and the speed of its deployment. This helps in minimizing the injuries sustained by the passengers. Therefore, in many cars, conventional sensors are being replaced by smart sensors, leading to the growth of the smart sensors and Global Automotive Sensors market.”
According to the report, one of the main factors driving the market is the increasing adoption of automotive safety systems. The rise in the demand for active safety systems used in automobiles is also one of the major drivers that are leading to the growth of the Global Automotive Sensors market. Active safety systems help to avoid vehicle accidents during critical situations, and protect passengers from any causality.
Further, the report states that one of the main challenges is the functional and operational issues. There are a few product-related issues regarding the failure of sensors in critical situations. There had been instances when crash sensors failed during the accident resulting in the failure of the airbag to open.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Allegro MicroSystems Inc., Analog Devices Inc., Autoliv Inc., CTS Corp., Freescale Semiconductor Inc., Infineon Technologies AG, Melexis Microelectronic Systems, NXP Semiconductors N.V., Sensata Technologies Inc., and TRW Automotive Holdings Corp.
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-automotive-sensors-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. https://www.technavio.com/automotive-and-aerospace
For more information on our market research, please visit Follow us on Twitter @ Technavio