Motor Vehicle Sensors Market is Expected to Reach USD 25.4 Billion Globally in 2018: Transparency Market Research

ALBANY, New York, July 16, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Motor Vehicle Sensor Market - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 - 2018," the global motor vehicle sensors market is expected to reach a value of USD 25.4 billion by 2018, at a CAGR of 11.9% from 2012 to 2018. Asia Pacific held more than 40% share in the global motor vehicle sensors market in 2012 and is expected to continue dominating the global market in the coming years. The need for control and safety measures in motor vehicles is driving the market for motor vehicle sensors, globally. In addition, the rise in income levels and need for motor vehicles with advanced features are expected to contribute to the growth of the motor vehicle sensors market.

Browse the full report at  http://www.transparencymarketresearch.com/motor-vehicle-sensors.html

The applications of motor vehicle sensors include engine and drivetrain, safety and security, and emission control applications along with other smaller applications. Engine and drivetrain application is the largest application segment and accounted for 34% share of the total motor vehicle sensors market in 2012. This segment is expected to reach a value exceeding USD 8.2 billion by 2018. Safety and security application is expected to remain the fastest growing segment for this market, and is expected to grow at a CAGR of 12.9% during the forecast period.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/phablets-superphones-market.html

http://www.transparencymarketresearch.com/mobile-wallet.html

http://www.transparencymarketresearch.com/unified-communications-market.html

http://www.transparencymarketresearch.com/micro-irrigation-systems-market.html

http://www.transparencymarketresearch.com/distributed-control-systems-market.html

http://www.transparencymarketresearch.com/deep-packet-inspection-dpi-market.html

There are different types of sensors used in motor vehicles depending on their end use. The major product segments of motor vehicle sensors include - physical property sensors, process variable sensors, proximity and positioning sensors, chemical property sensors, and other sensors. Physical property sensors are widely deployed in motor vehicles since they are used to measure vital physical properties such as force, speed, and vibration among others. Physical property sensors is the largest product segment of the motor vehicle sensors market and is expected to exceed a value of USD 8 billion by 2018, at a CAGR of 12.1% during the forecast period. Proximity sensors are used in motor vehicles for detecting the presence of any nearby objects without any physical contact, while positioning sensors help in detecting the exact position of the vehicle. Proximity and positioning sensors is the fastest growing segment in this market, registering a CAGR of 12.6% during the same forecast period. High growth of this segment is the result of increased focus on vehicle safety from accidents and thefts.

Some of the major players manufacturing motor vehicle sensors include Bosch, Denso, Valeo, Continental AG, Delphi Automotives, and Hitachi Automotives, among others. Bosch was leading the global motor vehicle sensors market with 13.0% share followed by Denso in 2011.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/tablet-pc.html

http://www.transparencymarketresearch.com/oled-displays.html

http://www.transparencymarketresearch.com/big-data-market.html

http://www.transparencymarketresearch.com/wearable-technology.html

http://www.transparencymarketresearch.com/e-waste-recycling-and-reuse-services.html

The global motor vehicle sensors market is segmented as below:

Motor Vehicle Sensors Market

By application

Engine and drivetrain

Safety and security

Emission control

Others


By product

Physical property

Process variable

Proximity and positioning

Chemical property

Others


By geography

North America

Europe

Asia Pacific

Rest of the World (RoW)


Upcoming Reports in Technology & Media Market

Flow Cytometry Products Market

Mobile Advertising Market

Land Mobile Radio (LMR) Systems Market

Healthcare IT Market

Mobile Wallet Market

Global Positioning Systems (GPS) Market

High-Performance Ceramic Coatings Market

Unified Communications Market

Online Banking Market

Phablets Market

Browse all Technology & Media Market Research Reports@ http://www.transparencymarketresearch.com/technology-market-reports-8.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Visit: http://de.transparencymarketresearch.com/
Visit: http://www.europlat.org/


SOURCE Transparency Market Research




Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.