1. Market Research
  2. > Manufacturing
  3. > Electronic Component Market Trends
Asia Pacific Automotive Sensors Market to 2027 - Regional Analysis and Forecasts by Type; Application; Vehicle Type

Asia Pacific Automotive Sensors Market to 2027 - Regional Analysis and Forecasts by Type; Application; Vehicle Type

  • May 2019
  • 177 pages
  • ID: 5783099
  • Format: PDF
  • By The Insight Partners

Summary

Table of Contents

Search Inside

The Asia Pacific automotive sensors market accounted for US$ 4.03 Bn in 2018 and is expected to grow at a CAGR of 10.1% over the forecast period 2019-2027, to account for US$ 9.52 Bn in 2027. The automotive industry has experienced the emergence of several new carmakers over the years. The automotive giants are always eyeballing on the electric vehicle segment as the section has attracted several customers. The electrification of automobiles is ushering the automotive industry and the industries associated with it to a greater extent. The automobile manufacturers, along with several semiconductor manufacturers, are continually innovating and developing advanced semiconductor and electronic solutions to deliver the safest, reliable, and performance-oriented vehicle to their customers. The automotive OEMs are integrating their vehicle’s dashboards, seats, heating systems as well as mirrors with advanced sensors and embedded computers, which is facilitating the sensors industry players to design and develop robust technologies. Sensors are also integrated into areas such as braking system, induction motor, and battery system, among others. With the growing electric vehicle production, the requirement for a large number of semiconductors and other electronics, which might influence the Asia Pacific automotive sensors market.
The Asia Pacific automotive sensors market is fragmented with the presence of several industries, and the competitive dynamics in the market is expected to change during the upcoming years.In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the Asia Pacific automotive sensors market.

For instance, the governments of economies in the Asia Pacific region are focusing on manufacturing automobiles and its components in the country itself.For example, with the help of "Made in China 2025,", the government of China is backing the local companies to compete with foreign carmakers and to compete globally.

Furthermore, initiatives by Indian government such as "Make in India" focuses on the manufacturing of products in the country and "Automotive Mission Plan 2016-26", providing government support to the country’s growing automotive and its components manufacturing industry.The encouraging automotive manufacturing and the rise in the OEM market impact positively for the growth of the Asia Pacific automotive sensors market.

These initiative provide various benefits to the companies located in the region, thus, increasing the growth of the Asia Pacific automotive sensors market. Different automotive manufacturers are focusing on integrating advanced sensors in their vehicles to attract more customers; this factor is aiding the growth of the Asia Pacific automotive sensors market.
Based on the vehicle type, the passenger car segment is leading the Asia Pacific automotive sensors market.However, the LCV segment is anticipated to grow at the highest CAGR.

The heavyweight commercial vehicle (HCV) segment consists of trucks, trailers, mining, and construction vehicles and multi-axle vehicles that have a gross vehicle weight of more than 16.2 tons; these vehicles are used in the long haul transportation and the transportation of materials at the ports and as also in the extraction of natural resources. This category of vehicle is also mostly vulnerable to massive road crashes, due to the heavy load they carry, and it becomes difficult for them to control the movement of the vehicle at times. Thus, the manufacturers these days are more focused on the development of safe and measurable driving systems. Pertaining to the factors mentioned above, the demand for advanced semiconductor technologies such as technologically robust sensors are steadily rising among the heavyweight commercial vehicle manufacturers, with an objective to enhance the performance, safety, and reliability of these vehicles, various types of sensors are integrated on these vehicles, which is catalyzing the market growth. The increasing demand for advanced sensors in the HCV segment is expected to create opportunities for companies operating in the Asia Pacific automotive sensors market to gain a strong customer base. Asia Pacific automotive sensor market is highly competitive, with the presence of some of the prominent market players.
The overall Asia Pacific automotive sensors market size has been derived using both primary and secondary source.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia Pacific automotive sensors market.

It also provides an overview and forecast for the Asia Pacific automotive sensors market based on all the segmentation provided for the Asia Pacific region.Also, primary interviews were conducted with industry participants and commentators to validate data and analysis.

The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific automotive sensors industry. Some of the players present in the Asia Pacific automotive sensors market are Analog Devices Inc., Continental AG, Delphi Technologies PLC, Denso Corporation, Infineon Technologies, and Robert Bosch GmbH among others.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Europe Automotive Sensors Market to 2027 - Regional Analysis and Forecasts by Type; Application; Vehicle Type

Europe Automotive Sensors Market to 2027 - Regional Analysis and Forecasts by Type; Application; Vehicle Type

  • $ 3000
  • May 2019

The Europe automotive sensors market accounted for US$ 2.13 Bn in 2018 and is expected to grow at a CAGR of 6.8% over the forecast period 2019-2027, to account for US$ 3.83 Bn in 2027. The automobile manufacturers ...

North America Automotive Sensors Market to 2027 - Regional Analysis and Forecasts by Type; Application; Vehicle Type

North America Automotive Sensors Market to 2027 - Regional Analysis and Forecasts by Type; Application; Vehicle Type

  • $ 3000
  • May 2019

The North America automotive sensors market accounted for US$ 1.63 Bn in 2018 and is expected to grow at a CAGR of 5.7% over the forecast period 2019-2027, to account for US$ 2.66 Bn in 2027. The automobile ...

Automotive Sensors Market to 2027 - Global Analysis and Forecasts by Type; Application; Vehicle Type

Automotive Sensors Market to 2027 - Global Analysis and Forecasts by Type; Application; Vehicle Type

  • $ 4550
  • May 2019

The global automotive sensors market accounted for US$ 8.17 Bn in 2018 and is expected to grow at a CAGR of 8.3% over the forecast period 2019-2027, to account for US$ 16.73 Bn in 2027. The factors that ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on