|By Business Wire||
|July 23, 2014 06:47 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/zcrt94/global_invehicle) has announced the addition of the "Global In-vehicle Sensors Market 2014-2018" report to their offering.
The Global Smart Sensors market was valued at US$4.37 billion in 2013 and is expected to reach US$7.88 billion by 2018, growing at a CAGR of 12.9%
Smart sensors are extensively used in airbag safety systems in automobiles, especially in passenger cars. Conventional airbags are not very effective in sensing collisions, whereas smart sensors can quickly sense an impending crash, its nature, the vehicle's position, and also determine the type of airbag to be used and the speed of its deployment. This helps in minimizing injuries sustained by the passengers. Therefore, in many cars, conventional sensors are being replaced by smart sensors, leading to a growth in the demand for smart sensors and to the growth of the Global In-vehicle Sensors market.
Government regulations on fuel economy and gas emission standards are one of the major drivers of the Global In-vehicle Sensors market. With developed and developing markets adopting these standards, vendors are installing sensors to track various aspects of the automobile to ensure fuel efficiency and reduce harmful emissions.
Further, the report states that changes in standards and regulations demand new and improved sensors to suit the latest norms. But developing these sensors within a stipulated timeframe could be difficult for vendors.
The report segments Global In-vehicle Sensors market into three divisions:
- Vehicle Management
- Safety and Control
Alternate Fuel Engine Management.
- Continental AG
- Delphi Automotive PLC
- Denso Corp.
- Robert Bosch GmbH
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Application
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/zcrt94/global_invehicle
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