Automotive Pressure Sensors Market Scenario, Leading Players, Segments Analysis and Growth - 2025

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The global automotive pressure sensors market is projected to grow at a CAGR of 9.70% from 2017 to 2025, to reach a market size of USD 8.84 Billion by 2025 from USD 4.21 Billion in 2017. The major factors driving the growth of the automotive pressure sensors market are the increasing installation of advanced driver assistance systems, stringent automotive safety and security norms introduced by the government, and rising preference of vehicle electrification among OEMs and Tier I suppliers.
Engine control application holds the largest market share in 2017
The engine system, which includes the engine, exhaust, and fuel pumps, holds the largest share of the automotive pressure sensors market. With technological advancement in the architecture of engine control system, the installation of advanced pressure sensors is required for the efficient operation of the system.
The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.
Automotive Pressure Sensors Market Target Audience
  • Automotive pressure sensors manufacturers
  • Automobile manufacturers
  • Pressure sensors design companies
  • Automobile organizations/associations
  • Pressure sensors suppliers
  • Raw material suppliers for automotive pressure sensors
  • Traders and distributors of automotive pressure sensors
  • Manufacturers of automotive pressure sensors for passenger cars, light commercial vehicles, and heavy commercial vehicles
  • Raw material suppliers
  • Automotive component manufacturers
  • Tier 1, Tier 2, and Tier 3 suppliers
  • Distributors and suppliers of automotive components/parts
Scope of the Report
  • Automotive Pressure Sensors Market, By Application Type
    • Airbags
    • Direct TPMS
    • Engine Control System
    • HVAC
    • Power Steering
    • Transmission
  • Automotive Pressure Sensors Market, By Region
    • Asia Pacific
    • Europe
    • North America
    • Rest of the World
MEMS pressure sensors– Largest share of automotive pressure sensors market in 2017
Micro Electronic Mechanical Systems (MEMS) sensors are one of the most lucrative innovations in the automotive semiconductor industry, owing to their cost-effectiveness and high reliability. MEMS pressure sensors serve manifold applications in the automotive industry, which include measuring manifold air pressure (MAP), fuel rail, fuel tank, and engine oil. As this technology caters the requirement of power-train and safety systems of automotive industry, MEMS technology is expected to acquire the largest market for automotive pressure sensors.
Asia Pacific: Rapid vehicle electrification in Chinese market is propelling the growth of Asia Pacific market
The growth of the automotive pressure sensors market in Asia Pacific region is expected to be driven by growing vehicle production, government regulations pertaining vehicle safety, rapid vehicle electrification, pressure sensors demand and supply equilibrium, and growing semiconductor industry. The governments in Asia Pacific region are taking several initiatives to improve vehicle safety and are thus driving OEMs to increasingly install safety features in vehicles. Moreover, the booming production of electric vehicles in China is also driving the market for passive sensors like pressure sensors.
The report profiles the most promising players in the pressure sensors market. The market presents an interesting picture of a large number of big and small players that have become a force to reckon. The key players in this market are Infineon (Germany), Sensata (US), Robert Bosch (Germany), Denso (Japan), Delphi (UK), Texas Instruments (US), NXP (Netherlands), Analog Device (US), Melexis (Belgium), General Electric (US), and TE Connectivity (Switzerland).
Source:
https://www.marketsandmarkets.com/Market-Reports/automotive-pressure-sensor-market-150568300.html
http://www.prworld.org/content/lighting-market-automotive-expected-reach-usd-2997-billion-2022

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