Global Automotive Sensors Market 2017-2021 | Implementation of HDR Camera Sensor to Boost Growth | Technavio
LONDON--(BUSINESS WIRE)--Sep 20, 2018--According to the latest market research report released by Technavio, the global automotive sensors market is expected to accelerate at a CAGR of over 7% during the forecast period. The introduction of advanced driver assistance system (ADAS) and human-machine interface (HMI) for product differentiation is considered as one of the key factors triggering the growth of the market.
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According to the latest market research report released by Technavio, the global automotive sensors market is expected to accelerate at a CAGR of over 7% until 2021. (Graphic: Business Wire)
This research report titled ’ 1 ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global automotive sensors market into the following applications:Powertrain and engine control Chassis control
In 2016, the powertrain and engine control segment accounted for 76% of the global market and is projected to decline to 71% by 2021, exhibiting almost 5% decrease in market share.
Global automotive sensors market: Key evolving trend
The implementation of HDR camera sensors is an emerging trend in the automotive sensors market space. Self-driving cars primarily use radars, LiDAR sensors, and even video cameras for tracking road signs, vehicles, pedestrians, and other obstacles. The sensors that are being used in most self-driving or autonomous vehicles face the challenge of handling tough lighting situations like flickering LEDs or a sudden transition into a tunnel on a sunny day. Sony’s latest automotive camera sensor is designed in such a way that it can handle all these extreme conditions. The camera sensor has high sensitivity, high dynamic range (HDR) capability and anti-flicker technology that is designed specifically to help autonomous vehicles function in less than ideal conditions. The entry of a vehicle into a tunnel is tough due to the huge differences in LED lighting while entering and exiting the tunnel.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline Global Automotive Sensors Market Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisRegional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by application (powertrain and engine control and chassis control)
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Bosch, Continental, Delphi Automotive, DENSO, and Sensata Technologies)
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SOURCE: Technavio Research
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PUB: 09/20/2018 02:21 PM/DISC: 09/20/2018 02:21 PM