DUBLIN--(BUSINESS WIRE)--The "Global Automotive MEMS Sensors Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The increasing demand for safety & security in the automobiles is the main factor, which is playing a vital role for the growth of this market. According to the World Health Organization (U.S.), more than 1.25 million people are killed in road accidents every year, and about 50 million people get injured. The automotive MEMS sensors play an important role in providing safety to the vehicles, which would act as a catalyst for the growth of this market.
The two big trends for vehicles currently are electrification and automation. There is rapid integration of high value sensing modules, like RADAR, imaging, and LIDAR in automotive systems. As a result, the average growth rate in MEMS sensors sales volume is expected to be significant during the forecast period.
The advent of electrical vehicles will greatly change the amount and the distribution of pressure, and magnetic sensors within the car in the longer term. More electric cars will mean fewer pressure sensors and a surge in magnetic sensors for battery monitoring, and various positioning and detection of moving pieces.
- Safety & Security
- Electric Vehicles
- Regulatory Framework
- High Potential in Mature Automotive Markets
Key Developments in the Market
- March 2017: Analog Devices completed acquisition of linear technology
- Analog Devices Inc.
- Delphi Automotive Plc
- Denso Corporation
- General Electric Co.
- Freescale Semiconductors Ltd.
- Infineon Technologies Ag
- Sensata Technologies Inc.
- Stmicroelectronics N.V.
- Panasonic Corporation
- Robert Bosch GmbH
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Overview and Technology Trends
5. Market Dynamics
6. Automotive MEMS Sensors Market, Segmented by Type
7. Automotive MEMS Sensors Market, Segmented by Application
8. Automotive MEMS Sensors Market, Segmented by Geography
9. Competitive Landscape
10. Company Profiles
11. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/ps7r9s/global_automotive?w=4