Global market for automobile sensors to reach nearly $35.2 billion by 2020

Automotive electronics systems in vehicles are increasing with demand for convenience, comfort, safety, efficiency, and environmental concerns. Consequently, the number of automotive sensors used in vehicles is also increasing. A worldwide increase in vehicle production, technology developments, consumer demand, and governmental regulations will drive significant growth in this market for the foreseeable future.

BCC Research provides an in-depth analysis of the global market for automobile sensors through its report, Global Markets for Automotive Sensor Technologies. According to the report, this market was valued at nearly $17.8 billion in 2013 and is expected to reach $22.1 billion in 2015. BCC Research projects the market to grow to $35.2 billion by 2020, and register a five-year compound annual growth rate of 9.7% from 2015 to 2020.

RSS Feeds – Instrumentation and Sensors

Use this report for, but not limited to, the following reasons:

• Gain an overview of the global market for automotive sensor technology.
• Analyze global market trends, with estimates for 2015, and CAGRs through 2020.
• Evaluate details on key areas in the production of an automobile that have advanced with the use of sensors, and the markets for these sensors in various applications and regions.
• Assess information on the increased demand for convenience, comfort, safety, efficiency, and environmental protection.
• Review profiles of leading companies in the industry.

 

SAMPLE FIGURE

GLOBAL MARKET FOR AUTOMOBILE SENSORS, THROUGH 2020

($ MILLIONS)

 

To order your copy of this report (or any of its chapters) or to download the report overview, click here.

Global market for sensors to reach nearly $154.3 billion by 2020

Sensors have become indispensable to many key industries, as they provide vital information about many parameters, such as temperature, position, chemistry, pressure, force and load, and flow and level; therefore, they can affect products, processes and systems. Silicon-wafer technology is particularly important to the market for sensors as silicon has been shown to be a very good material for use in sensors. With the development of new products, research and development is taking the sensor technology to new heights and the hope of considerable growth in the foreseeable future.

BCC Research provides a detailed analysis of the global sensors market through its report, Global Markets and Technologies for Sensors. According to the report, this market was valued at $79.5 billion in 2013 and is expected to increase to $95.3 billion in 2015. This is estimated to reach $154.3 billion by 2020 with a compound annual growth rate (CAGR) of 10.1% from 2015 through 2020.

RSS Feeds – Instrumentation and Sensors

Use this report for, but not limited to, the following reasons:

• Gain an overview of the global market for sensors in various applications, including biosensors, chemical sensors, image sensors, flow sensors, and level sensors
• Analyze global market trends, with data from 2013, and projections of compound annual growth rates (CAGRs) through 2020
• Understand the role of sensors in various applications, the technology and innovation behind sensor development and production, and major market trends both in terms of region and application sector
• Review comprehensive company profiles of major players in the industry

SAMPLE FIGURE

GLOBAL MARKET FOR SENSORS BY TYPE, 2013–2020

($ MILLIONS)

 

Click here to Order your copy of this report (or any of its chapters) or to download the Complimentary Introduction chapter.

Global market for sensors to grow to $91.5 billion by 2016

The global market for sensors, after the downturn in 2009, bounced back to $56.5 billion in 2010. It is expected to increase to $62.8 billion in 2011 and then to nearly $91.5 billion by 2016, at a compound annual growth rate (CAGR) of 7.8%.

Learn about the technology and innovation behind sensor development and production, and get a quantitative and detailed market overview, analyzing major market trends both in terms of region and application sector...

Use this report to:

• Understand the technology and innovation behind sensor development and production, and the role of sensors in various applications
• Develop long-term growth strategies to respond to shifting market dynamics and explore the major market trends shaping the future direction of the industry 
• Identify market opportunities for emerging technologies in sensors as well as allied products with new applications, and develop targeted promotion plans to capture market share 
• Learn about the competitive environment, the strategies of innovative companies, and the opportunities for small companies, new market entrants, and companies with valuable intellectual property and a strong customer base.

To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

GLOBAL MARKET FOR SENSORS, 2009-2016 ($ MILLIONS)