The applications of motor vehicle sensors incorporate engine and drivetrain, safety and security, and emission manage applications along with other smaller applications. Engine and drivetrain application is the biggest application segment and accounted for 34% share of the total motor automobile sensors market in 2012. This segment is anticipated to attain a value exceeding USD eight.two billion by 2018. Safety and security application is expected to remain the quickest growing segment for this market, and is anticipated to develop at a CAGR of 12.9% throughout the forecast period.
There are distinct sorts of sensors utilized in motor automobiles based on their end use. The significant product segments of motor vehicle sensors include – physical house sensors, procedure variable sensors, proximity and positioning sensors, chemical home sensors, and other sensors. Physical house sensors are widely deployed in motor vehicles given that they are utilised to measure vital physical properties such as force, speed, and vibration among others. Physical home sensors is the largest item segment of the motor automobile sensors industry and is anticipated to exceed a worth of USD eight billion by 2018, at a CAGR of 12.1% for the duration of the forecast period. Proximity sensors are utilised in motor autos for detecting the presence of any nearby objects with out any physical contact, while positioning sensors support in detecting the precise position of the automobile. Proximity and positioning sensors is the quickest expanding segment in this market place, registering a CAGR of 12.6% in the course of the very same forecast period. Higher development of this segment is the result of elevated focus on vehicle security from accidents and thefts.
Some of the main players manufacturing motor car sensors contain Bosch, Denso, Valeo, Continental AG, Delphi Automotives, and Hitachi Automotives, amongst other people. Bosch was top the international motor vehicle sensors market with 13.% share followed by Denso in 2011.
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