The growth in the Automotive Industry directly translates into increasing demand in the Automotive Position Sensor market. Recent trends in the automotive industry with rapid technological development and revolutionized automotive industry through automation and digitization is going to provide ample opportunities for growth and development. The changing focus of the Automotive Industry to technological trends such as autonomous driving, connectivity and electrification is expected to boost the demand in the Automotive Position Sensors Market. Increasing integration of position sensors in vehicles portray a positive outlook of continuous growth in the Automotive Position Sensor Market. Stringent Government regulations regarding automobile safety and increasing global car production at a rate of 4% have also significantly contributed to the growth of this market.
Thus the Automotive Position Sensor Market is expected to register a high growth at a rate of around 8% and reach USD 2 billion by 2022.
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Study Objectives of Automotive Position Sensors Market:
- To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Global Automotive Position Sensors Market
- To analyze and provide insights about factors affecting the market growth
- To Analyze the Global Automotive Position Sensors Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to respect to regions and their respective key countries
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segments by type, and by region
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Automotive Position Sensors Market.
The key findings of the report “Global Automotive Position Sensors Market” includes:
- The global market volume for Automotive Position Sensors was around 1.3 billion units in 2014.
- The global market value of Automotive Position Sensors accounted for almost $1 billion in 2014.
- Electric vehicles sensors will be growing at the fastest CAGR at around estimated CAGR of 22.2%.
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Some of the key players in the Automotive Position Sensor Market are Analog Devices Inc, Avago Technologies, Bosch Sensortec GMBH, Bourns Inc, Continental Corporation, CTS Corporation, Delphi Automotive, Denso Corporation, GE Measurement & Control Solutions, Gill Sensor& Control, Hella KGAA, Infineon Technologies, NXP Semiconductors, Sensata Technoliges, TRW Automotive INC, Stoneridge INC.
Key Points from Table of Contents:
1. Analog Devices Inc.
1.1 Company Overview
1.2 Product/Business Segment Overview
1.3 Financial Updates
1.4 Key Developments
2. Avago Technologies
2.1 Company Overview
2.2 Product/Business Segment Overview
2.3 Financial Updates
2.4 Key Developments
3. Bosch Sensortec Gmbh
3.1 Company Overview
3.2 Product/Business Segment Overview
3.3 Financial Updates
3.4 Key Developments
4. Bourns Inc
4.1 Company Overview
4.2 Product/Business Segment Overview
4.3 Financial Updates
4.4 Key Developments
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