About Global Sensor Module Market in the Automotive Sector
A sensor module is made up of a sensor, cover, and wiring unit. The cover is used to hold the sensor in place and includes a connector to create a connection with the external device. The cover also holds the wiring unit, which is attached from the connector to the sensor. The cover is made of mold material. The wiring includes a second connecting terminal, which is joined conductively with the first connecting terminal.
Technavio’s analysts forecast the global sensor module market in the automotive sector to grow at a CAGR of 6.08% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global sensor module market in the automotive sector for the period 2016-2020. To calculate the market size, it considers revenue generated from the sales of sensor modules to original equipment manufacturers (OEMs) and automotive manufacturers.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Sensor Module Market in the Automotive Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.
Key vendors - Continental AG - Delphi Automotive plc - DENSO Corp. - Infineon Technologies AG - NXP Semiconductors
Other prominent vendors - First Sensor - Heraeus Sensor Technology - National Instruments - SHINYEI Technology
Market driver - Rising need for safety - For a full, detailed list, view our report
Market challenge - Lack of safety regulations and consumer awareness in underdeveloped countries - For a full, detailed list, view our report
Market trend - Demand for electric cars - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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