Global Market for Automobile Sensors Expected to Reach $35.2 illion in 2!2!

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Support S#stems $ate%or# to Mo&e At '() $AGR
Wellesley, Mass., May 30, 2014 BCC Research (www.bccresearch.com) reveals in is new re!or,
"lobal Mar#es $or %&omoive 'ensor (echnolo)ies, he )lobal mar#e $or a&omobile sensors is
e*!ece+ o )row o ,3-.2 billion by 2020, wih a $ive.year com!o&n+ ann&al )rowh rae (C%"R) o$
/.01. (he sa$ey an+ s&!!or sysems cae)ory is he $ases )rowin) se)men, re)iserin) a si)ni$ican
C%"R o$ 141.
%&omoive elecronics sysems in vehicles are increasin) wih +eman+ $or convenience, com$or, sa$ey,
e$$iciency, an+ environmenal concerns. Conse2&enly, he n&mber o$ a&omoive sensors &se+ in vehicles
is also on he rise.
(he vehicle mana)emen sysems cae)ory, which incl&+es !ower rain an+ vehicle conrol sysems, is he
+ominan se)men o$ he overall mar#e an+ is e*!ece+ o reach ,12.3 billion in 201- an+ )row o ,10
billion by 2020, re)iserin) a C%"R o$ 3.01.
4owever, he sa$ey an+ s&!!or sysems cae)ory, which was val&e+ a 5&s ,-.0 billion in 2013, is
!ro5ece+ o 5&m! o ,6.1 billion in 201- an+ ,1-.0 billion in 2020.
7(he increasin) +eman+ o$ a+vance +river assisance sysems (%8%') an+ hybri+ an+ elecric vehicles
are he $&&re $or a&omoive sensors,9 says BCC Research insr&menaion an+ sensors analys 'rinivasa
Ra5aram. 7'ensor echnolo)ies li#e micro.elecromechanical sysems (M:M') sensor, wireless sensor,
ra+ar, ec., are he $&&re o$ a&omoive sensors. ;$ hese, M:M' is he mos !romisin) an+ is li#ely o
emer)e as a lea+er in he a&omoive worl+.9
(he &ili<aion o$ sensors in a&omobiles &sin) alernae $&els is also increasin), as hese y!es o$
a&omobiles are enerin) he mar#e in a bi) way as a res&l o$ emission conrol re)&laions.
G*+A* MAR,E-S .+R A/-+M+-01E SE2S+R -E$32+*+G0ES !rovi+es an overview o$
he )lobal mar#e $or a&omoive sensor echnolo)y. = incl&+es an analysis o$ )lobal mar#e ren+s, wih
+aa $rom 2013, esimaes $or 201-, an+ C%"Rs hro&)h 2020.
:+iors an+ re!orers who wish o s!ea# wih he analys, sho&l+ conac 'even C&mmin) a
seven.c&mmin)>bccresearch.com.
About $$ Research
BCC Research !&blishes mar#e research re!ors ha ma#e or)ani<aions worl+wi+e more !ro$iable wih
inelli)ence ha +rives smar b&siness +ecisions. (hese re!ors cover o+ay?s ma5or in+&srial an+
echnolo)y secors, incl&+in) emer)in) mar#es. @or more han 40 years we?ve hel!e+ c&somers i+eni$y
new mar#e o!!or&niies wih acc&rae an+ reliable +aa an+ insi)h, incl&+in) mar#e si<in), $orecasin),
in+&sry overviews, an+ i+eni$icaion o$ si)ni$ican ren+s an+ #ey com!eiors. We !arner wih analyss
who are e*!ers in s!eci$ic areas o$ in+&sry an+ echnolo)y, !rovi+in) &nbiase+ meas&remens an+
assessmens o$ )lobal mar#es. ;&r cliens incl&+e he o! com!anies in in+&sries aro&n+ he worl+ as
well as &niversiies, b&siness schools, sar.&!s, cons&lin) $irms an+ invesmen com!anies. BCC
Research is a &ni o$ :li Research AAC. Bisi o&r websie a www.bccresearch.com. Conac &sC (D1) 061.
46/.0301 (E.'. :asern ime), or email in$ormaion>bccresearch.com.
8aa an+ analysis e*race+ $rom his !ress release m&s be accom!anie+ by a saemen i+eni$yin) BCC
Research AAC, 4/.2 Waln& Far#, Wellesley, M% 02461, (ele!honeC (D1) 061.46/.0301G :mailC
e+ior>bccresearch.com as he so&rce an+ !&blisher. (han# yo&.