DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wthck5/south_korea) has announced the addition of the "South Korea Automotive Sensors Market - Growth, Trends & Forecasts (2015-2020)" report to their offering.
The South Korea automotive sensors market is expected to increase to $0.90 billion by 2018 at a CAGR of 8.46% over the period 2015-2020
The low cost & compact size, ecofriendly & bulk manufacturing capability, and energy efficient are the key Drivers which are making the automotive sensors market to grow lucratively. Development of new applications for technologies which utilize nano and micro technology will help grow the South Korea automotive sensor market. Increased research and development in the sensor industry is creating opportunities for technological advancements that open up new horizon for sensor applications.
The major trend driving the South Korea automotive sensor market is miniaturization and improved communication capabilities, which enables their integration into vehicles without interfering with the basic functionalities of the vehicle. The South Korean government signed the Korea-Australia Free Trade Agreement (KAFTA) with the Australian government seeking to benefit its numerous industries (automotive) and position itself alongside competitors. Presently South Korea has developed into one of the world's largest automobile producers. Hyundai Kia Automotive Group is Korea's largest automaker.
The report also considers key trends that will impact the industry and profiles over 10 leading suppliers of South Korea Automotive Sensors Market. Some of the top companies mentioned in the report are Texas Instruments (U.S.), Robert Bosch GmbH (Germany), General Electric Company (U.S.), Analog Devices (U.S.), Infineon Technologies AG (Germany), Freescale semiconductor Inc. (U.S.), and Delphi Automotive PLC (U.K.) and among others.
Key Topics Covered:
2. Key Findings
3. Market Overview & Dynamics
5. Porter's Five Forces Analysis
6. Market Segmentation
7. Company Profiles
8. Investment Analysis
9. Future Of Automotive Sensors Market
For more information visit http://www.researchandmarkets.com/research/wthck5/south_korea
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