Technavio market research analysts foresee positive growth for many segments of the automotive electronics industry in the next five years. In their recent findings, Technavio talks about three booming markets under the automotive industry that are anticipated to generate considerable revenues and grow at a consistent rate during the forecast period.
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Global Autonomous Vehicle Sensors Market 2017-2021
The global autonomous vehicle sensors market is projected to experience significant growth during the forecast period owing to the growth of the global market for automotive sensors and the increased focus on autonomous vehicle development platforms.
Researchers at Technavio have identified the various incentives for the growth of the market, such as the R&D initiatives for the development of autonomous vehicles. The adoption of connected car technology is spurring an increase in the number of electrical components and the electronic software in vehicles. Vendors in the market are making significant investments in the development of autonomous technology for automobiles, which, in turn, is expected to propel the demand for automotive vehicle sensors. Request a sample report.
Global Automotive Powertrain Sensors Market 2017-2021
The report covers the present scenario and the growth prospects of the global automotive powertrain sensors over the next five years.
The growth of the global market for automotive powertrain sensors works in tandem with the growth of the rising adoption of automatic transmission in vehicles. Vendors in the market are focusing increasingly on the inclusion of functions from stop-start to double clutches to differentiate their products, which is expected to reflect positively on the growth of the market in the coming years. Delphi Automotive, DENSO, Infineon Technologies, Mitsubishi Electric, and PCB Piezotronics have been identified as the key players in the market during the forecast period. Request a sample report.
Global Automotive Traffic Jam Assist Systems Market 2017-2021
Technavio analysts forecast the global automotive traffic jam assist systems market to experience steady growth during the forecast period, 2017-2021.
Technavio researchers predict the global market for automotive traffic jam assist systems to post growth at a CAGR of more than 12%, fueled by the adoption of efficient sensor fusion techniques, which improves the overall efficiency of the traffic jam assist system. The rise in the demand for luxury vehicles across the globe is also expected to propel the demand for automotive traffic jam assist systems until 2021. Request a sample report.
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