Automotive Pressure Sensors Market Predictions Exhibit Massive Growth by 2025


The Automotive Pressure Sensors Market is estimated to grow at a CAGR of 9.70% during the forecast period, to reach USD 8.84 billion by 2025. The most significant factor driving the automotive pressure sensors market is the increasing vehicle production, which is leading to a rise in demand for advanced pressure sensors in the automobile. The rising trend of vehicle electrification and growing demand for advanced safety, convenience, and comfort systems are some of the other factors driving the growth of the automotive pressure sensors market.



Increased demand for high-end vehicles and growing stringency of emission regulations have changed the market dynamics for automotive pressure sensors manufacturers. In addition, the leading OEMs are also collaborating with local players to expand their product portfolio and customer base. For example, in June 2017, NXP collaborated with Elektrobit, a leading developer of embedded and connected technology solutions, to develop a new platform for automated driving system. This collaboration helped to integrate NXP’s BlueBox, which is a comprehensive autonomous vehicle computer, with EB robinos software of Elektrobit. In recent years, automotive technologies and products have seen several innovations. One such innovation is the MEMS pressure sensor, which is 
used in various applications of the automotive industry.  

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150568300

The automotive pressure sensors market is dominated by a few global players and many regional players. The ecosystem of the automotive pressure sensors market includes research & development, raw material supply, assembly and manufacturing, system integration, marketing and sales, automotive manufacturing, end-users, and post sales service. The report also profiles the most promising players in the automotive pressure sensors market. The competitive leadership mapping of this market presents an interesting picture of many big and small players that have become a force to reckon. A few of the key players include Infineon (Germany), Sensata (US), Robert Bosch (Germany), Denso (Japan), and Delphi (UK).

Delphi (UK) is a global supplier of technologies for the automotive and commercial vehicle markets, with a major focus on pressure sensors. The company offers various kinds of automotive sensors such as HVAC temperature sensors, transmission temperature sensors, battery sensors, ammonia sensors, pressure sensors, digital speed and position sensors, and flat response knock sensors. It has an advanced product offering as it actively launches new products in the pressure sensors market. For example, in October 2017, Delphi launched a series of new pressure sensor families to cater the demand of the North American automotive industry. The company has expanded its engine management portfolio that includes one new mass air flow (MAF) sensor for more than 400,000 vehicles; three new manifold absolute pressure sensors covering more than 11 million vehicles. 

Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=150568300

Another key market player is Infineon (Germany), which is one of the largest suppliers of automotive pressure sensors across the globe. In October 2016, Infineon acquired Dutch fabless MEMS company, Innoluce, for complementing its sensor assortment for automated driving technology. This acquisition helped in expanding the MEMS and integrated signal processing circuitry.
Other major players in the pressure sensors market for automotive are focusing on expanding their regional presence to achieve continuous and sustainable development. This is evident from several collaborations and joint venture projects these companies have undertaken in recent years.

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  1. Detailed analysis and profiling of additional regions (up to 3)
  2. Detailed analysis and profiling of additional market players (up to 3)
  3. Detailed analysis of additional automotive pressure sensors variants (only 1)
  4. Detailed analysis of additional technology of automotive pressure sensors (only 1)
To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Comments

Post a Comment

Popular posts from this blog

Automotive Camera Market by Application, View Type, Technology and Region – Global Forecast to 2025

The Automotive Camera Market is projected to grow at a CAGR of 10.62% during the forecast period. It is estimated to be USD 7.5 billion in 2018 and is projected to reach USD 15.1 billion by 2025. The market growth is primarily driven by factors such as regulatory changes and increasing demand for the active safety system. The emergence of newer safety technologies in the automotive industry and the growing demand for electric cars have driven the automotive camera market. Added safety and convenience for the driver has been a major objective of developing camera systems. Moreover, the increasing government mandates related to active safety system are driving the automotive camera market. For instance, in May 2018, the government of Canada and the US mandated that all vehicles under 10,000 pounds must be equipped with a backup camera. Also, the US government has a voluntary agreement with many manufacturers to fit autonomous emergency braking (AEB) by 2022. European governments...
Read more

Occupant Classification System Market Latest Trends and Forecast Growth Report to 2025

The global Occupant Classification System Market is projected to grow at a CAGR of 6.80% from 2018 to 2025, to reach USD 3.17 billion by 2025. The increasing awareness about safety in a vehicle has increased the demand for active and passive safety systems. As a result, the automotive industry has witnessed the increasing adoption of active and passive safety systems in a vehicle.  Passive safety systems inside the vehicle include airbags, seatbelts, whiplash protection system, and occupant classification system. Occupant protection system features such as airbags and seatbelts reduce the probability of death or severe injuries in a traffic mishap. Airbags in a vehicle have significantly improved the safety of occupants. Occupant classification system manufacturers utilize a good portion of their engineering resources to develop new products or improve existing passive safety systems for the automobile. All these developments are primarily focused on improving the overall sa...
Read more

Automotive Actuators Market to Surpass $29.3 Billion by 2030

The Automotive Actuators Market is projected to grow from an estimated USD 20.9 billion in 2023 to reach USD 29.3 billion by 2030 at a CAGR of 4.9% during the forecast period. Automakers are highly focused on developing new and improved components to increase the fuel efficiency of vehicles owing to growing concerns over environmental changes. Automotive actuators play a significant role in reducing emissions and enhancing vehicle efficiency. Electric actuators, also known as smart actuators, replace hydraulic and pneumatic actuators due to their several benefits, like compact and lightweight design, more energy efficient, and less expensive, making it ideal for various applications. Smart actuators can perform diagnostics and include learning capabilities and memory functions. Electric actuators are typically installed in engines that open and close different valves, which is also anticipated to fuel the overall market growth. “Electric Actuators will be the dominating actuation...
Read more