DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/fr4dpb/china_automotive) has announced the addition of the "China Automotive Steering Sensors Market - Growth, Trends and Forecasts (2015-2020)" report to their offering.
The market for automotive steering sensors in China is estimated to grow at a CAGR of 14.75% till 2020.
The growth of China in Asia-Pacific steering sensor market is driven significantly by the growth in the China Automotive Sensor Market. The use of sensors in vehicle has rapidly increased with the increase in demand of passenger vehicles from China. China has introduced the safety regulations to running a New Car Assessment Program, C-NCAP, with standards that will match those of Europe.
There has been some significant legal and social changes in China soon after the implementation of these regulations. The use of seat belt has become mandatory and most importantly limits for drunk driving have been reduced. Thereby with the stringency in the limitation of drunk driving, steering sensors integrated with biosensors (detect and monitor the alcohol levels of the driver) has gone up and would continue to significantly grow up in the forecast period.
China's government has promoted C-NCAP's safety assessments has, which also encouraged buyers to see a five-star rating as a guide to the vehicle's quality. China being a global manufacturing hub holds immense potential for the sales of the steering sensors.
- Active Sensors
- Bei Sensors
- Bosch China
- China Automotive Systems
- Curtis Instrument
- Kawabe Co. Limited
- Ningbo Everlift Machinery
- Mts Systems Corporation-China
- Sensor Developments Inc.
- Takata Asia Pte. Ltd.
- TE Connectivity
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview And Technology Trends
6. China Automotive Steering Sensor, By Type
7. China Automotive Steering Sensor, By Technology
8. Competitive Landscape
9. Key Vendor Analysis
10. Future Outlook Of The Market
For more information visit http://www.researchandmarkets.com/research/fr4dpb/china_automotive