TechNavio today launched its report Global Automotive Sensor Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers and understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said; ”The demand for electronic components in automobiles is rapidly increasing because of changing customer habits, stringent emission norms set by governments across the globe to protect the environment from problems such as pollution and global warming. Further, the increasing popularity and purchase of electric vehicles globally, which use much more advanced electronic systems, will drive the Global Automotive Sensor market.”
According to the report, the increasing need for the safety of passengers has trigged the growth of the Global Automotive Sensors market. Automobile manufacturers are using devices such as anti-lock braking systems, engine control units (ECU), vehicle stability systems, crash sensors for the safety and security of occupants, and various other devices that keep passengers safe and provide them with good control over the vehicle. This has led to the increasing use of sensors in automobiles, propelling the growth of the Global Automotive Sensor market.
Further, the report also discusses that the increasing cost of automotive systems is affecting the Global Automotive 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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-automotive-sensor-market-2011-2015
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TechNavio Announces the Publication of its Report – Global Automotive Sensor Market 2011-2015
