Global Automotive Powertrain Sensors Market 2017-2021
About Automotive Powertrain Sensors
The global automotive powertrain sensors market is concentrated for OEMs, while the aftermarket is fragmented with intense competition. This competition is expected to intensify during the forecast period due to product extensions and innovations. Many international players are expected to grow organically during the forecast period by expanding customer base and creating a differentiated product.
Technavio’s analysts forecast the global automotive powertrain sensors market to grow at a CAGR of 5.52% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global thoracic surgery market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of automotive powertrain sensors.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Powertrain Sensors Market 2017-2020
Technavio recognizes the following companies as the key players in the global automotive powertrain sensors market: Bosch, Continental, Sensata Technologies, Texas Instruments, NXP Semiconductors, and Murata Manufacturing
Other Prominent Vendors in the market are: Delphi Automotive, DENSO, Infineon Technologies, Mitsubishi Electric, and PCB Piezotronics
Commenting on the report, an analyst from Technavio’s team said: “Surface acoustic wave (SAW) technology received the focus of automotive experts in recent years as it enables wireless, battery-less, and contactless strain measurement. These features are desired by the automotive OEMs for measuring torque, pressure, and temperature for the powertrain of the vehicle.”
According to the report, the automotive industry has been witnessing growing demand for fuel-efficiency, safety, and reduced emissions in the interests of promoting a better driving and travel experience from consumers. This is increasing the number of powertrain sensors that increase the efficiency of powertrain operation. Pressure sensors, position sensors, temperature sensors, and speed sensors are some of the sensors that enhance the efficiency of the powertrain.
Further, the report states that automotive MEMS sensors are being used in the automotive segment for quite some time owing to the compact size and smaller external packaging than traditional technologies. The MEMS technology has a penetration rate of about 90% in the pressure sensors category and other applications such as safety systems that are mandated by government authorities will saturate the developed markets such as the US and Europe. Therefore, subsequent growth will be organic through emerging markets such as India, China, and Brazil.
Bosch, Continental, Sensata Technologies, Texas Instruments, NXP Semiconductors, Murata Manufacturing, Delphi Automotive, DENSO, Infineon Technologies, Mitsubishi Electric, and PCB Piezotronics