The Passenger Car Sensors Market growth is expected to gain high momentum during the forecast period due to technological advancements and growing vehicle production.

Automotive sensors are used to monitor and control the chemical, physical, and process changes in the automobiles. Sensors minimize fuel consumption and measure and determine the emission of pollutants from a vehicle. These sensors play an important role in working under the defined regulations specified by the government authorities. The sensors help innovate and modify vehicles.

The stringent government regulations and the electrification of vehicles increase the demand for sensors. As the governments of India, Europe, and the USA have set up specific emission norms, due to the increase in the various greenhouse gasses and global warming, automotive companies are installing sensors in the vehicles they manufacture to keep those emission norms in check.

The growth of the automotive sensor market is directly proportional to the growth of the automobile industry. 

Key Factors Impacting Market Growth:

• Government norms regarding the safety of passengers
• Technological advancements and growing vehicle production
• High cost impacting the market negatively

Regional Analysis:

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the passenger car sensors market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the passenger car sensors market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for passenger car sensors market in the region.

The Asia Pacific is estimated to be the fastest-growing region for the passenger car sensors market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the passenger car sensors market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: Continental AG, Robert Bosch GmbH, Denso Corporation, Delphi Technologies, Allegro MicroSystems LLC, CTS Corporation, Elmos Semiconductor AG, ZF Friedrichshafen AG, Sensirion AG Switzerland, Valeo, Hitachi Appliances, Inc., Sensata Technologies Inc., and STMicroelectronics… 

Key Developments:

• In September 2017, Sensirion AG (Switzerland) acquired Auto Industrial Co. Ltd. (South Korea) to enhance its sensor segment
• In October 2016, Denso Corporation (Japan) notified to improve and enhance the in-vehicle sensors, to strengthen the company’s Advanced Driving Assistance System

Market Segmentation:

By Sensor Type:

• Pressure
• Speed
• Temperature
• Position

By Application:

• Powertrain/Drivetrain
• Body Control
• Interior/Comfort
• ADAS (Advanced Driver Assistance Systems)
• Exhaust

By Region:

• North America
  • By Country (US, Canada, Mexico)
  • By Sensor Type
  • By Application
• Western Europe
  • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
  • By Sensor Type
  • By Application
• Eastern Europe
  • By Country (Russia, Turkey, Rest of Eastern Europe)
  • By Sensor Type
  • By Application
• Asia Pacific
  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Sensor Type
  • By Application
• Middle East
  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
  • By Sensor Type
  • By Application
• Rest of the World
  • By Region (South America, Africa)
  • By Sensor Type
  • By Application

Reasons to Buy This Report:

• Market size estimation of the passenger car sensors market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment
• By Sub-segment
• By Region/Country

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