Automotive Position Sensors Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2022

Automotive Position Sensors Market is expected to grow at a CAGR of about 8% between 2016 and 2022
Automotive Position Sensors Market Information Report by Type (Multi-axis, Angular, and Linear), vehicle type (High end, Mid End, Low End and electric) and by Region – Global Forecast to 2022

Market Highlights

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.

Global market for Automotive Position Sensors is expected to grow at a CAGR of about 8% between 2016 and 2022

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.

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Key Players

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.

High End Segment held the major share within the Global Automotive Position Sensors Market

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.

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North America and Europe regions dominated the Automotive Position Sensors Market in 2015

Europe and North America has been the leading regions for the Automotive Position Sensor market mainly due to the existence of various major players in this region. With rapid technological development the Position sensor market in this region is expected to show high growth. Asia-Pacific is another region which is showing high potential mainly due to the increase in the number of passenger vehicles in this region.

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