Automotive Temperature Sensor Market Highlights:
The global automotive temperature sensor market is getting impacted mostly by strategic decisions taken by companies such as Aptiv PLC (U.K.), Robert Bosch (Germany), Panasonic (Japan), Continental (Germany), Microchip Technology Inc. (U.S.), TE Connectivity Ltd (Switzerland), TDK Corporation (Japan), RoHM Co. Ltd. (Japan), ZF TRW Automotive (U.S.), TT Electronics (U.K.), and RFMicron (U.S.). These decisions are both for individual progress and to take the market forward in the coming years.
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Automotive Temperature Sensor Market Drivers and Restraints:
Sophisticated automobiles integrate sensors to provide an unparalleled driving experience. These sensors detect external and internal systems to predict the correct move. Manufacturers are constantly investing in research and developments to find the best suitable option to enhance the automobile experience. The global automotive temperature sensor market is expected to capture a 6% CAGR during the forecast period (2017-2023). Market Research Future (MRFR) further claims that the rise would be substantial assisting in exceeding the predicted valuation by the end of 2023.
Several factors are expected to dominate the market dynamics. The integration of superior technology, customer’s capability to spend more due to rising disposable income, emergence of the developing countries as tempting opportunities for market expansion are some of the few. On the flip side, the imposition of strict law is expected to ensure inclusion of technologies that would support in curbing carbon emission. However, the high cost of such mechanism may halt the expected growth rate during the focus period.
Global Automotive Temperature Sensor Market Segments Analysis:
MRFR in their latest report on the automotive temperature sensor market makes their research much more detailed by segmenting it by applications, product type, and vehicle types. This sort of segmentation includes both volume-wise and value-wise data for a better market understanding.
Based on the application, the automotive temperature sensor market includes engine, exhaust and seats. The engine segment is quite important due to its ability to ensure smooth ride.
Based on the product type, the global automotive temperature sensor market can be segmented into MEMS, IC sensor and infrared temperature sensor. The infrared segment is gaining thrust owing to its substantial use in high-end cars to provide better performance.
Based on the vehicle type, the global automotive temperature sensor market can be segmented into passenger vehicles and commercial vehicles. The intake of such technology is quite higher in passenger vehicles than the application in commercial vehicles.
Global Automotive Temperature Sensor Market Regional Analysis:
MRFR in their latest report on the automotive temperature sensor market makes their research much more detailed by segmenting it by applications, product type, and vehicle types. This sort of segmentation includes both volume-wise and value-wise data for a better market understanding.
Based on the application, the automotive temperature sensor market includes engine, exhaust and seats. The engine segment is quite important due to its ability to ensure smooth ride.
Based on the product type, the global automotive temperature sensor market can be segmented into MEMS, IC sensor and infrared temperature sensor. The infrared segment is gaining thrust owing to its substantial use in high-end cars to provide better performance.
Based on the vehicle type, the global automotive temperature sensor market can be segmented into passenger vehicles and commercial vehicles. The intake of such technology is quite higher in passenger vehicles than the application in commercial vehicles.
Report Overview:
The report for Global Automotive Temperature Sensor Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Industry News:
In 2019, BorgWarner launched solutions for fully integrated drive module eAxle iDM for electric vehicles- On- and off-axis P2 modules that would be perfect for both hybrid and electric vehicles. The company assembled a number of thermal management solutions to ensure optimal battery and cabin temperature management and build a strong temperature sensing ability.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued…
List Of Tables:
Table 1 Automotive Temperature Sensor Market: By Region, 2017-2023
Table 2 North America Automotive Temperature Sensor Market: By Country, 2017-2023
Table 3 Europe Automotive Temperature Sensor Market: By Country, 2017-2023
Table 4 Asia Pacific Automotive Temperature Sensor Market: By Country, 2017-2023
Table 5 RoW Automotive Temperature Sensor Market: By Country, 2017-2023
Table 6 Global Automotive Temperature Sensor Market, By Application, By Regions, 2017-2023
Continued…
LIST OF FIGURES:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Automotive Temperature Sensor Market SHARE, By Application, 2016 (%)
Continued…
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