Automotive battery sensor market is dominated by a few global players and several regional players. Some of key manufacturers operating in market are HELLA (Germany), Continental (Germany), Bosch (Germany), Furukawa Electric (Japan), NXP (Netherlands), Vishay (US), Texas Instrument (US), Denso (Japan), ams AG (Austria), Inomatic (Germany), and TE Connectivity (Switzerland).
Automotive battery sensor market is estimated to be USD 2.18 billion in 2017 and is projected to reach USD 4.92 billion by 2025, at a CAGR of 11.09% during forecast period. Base year for study is 2017 and the forecast period is 2018–2025.
Automotive battery sensor market is primarily driven by rising demand for fuel-efficient vehicles, increased vehicle production, & rising emission concerns. Get Sample Papers Now at www.rnrmarketresearch.com/contact…me=1720464 .
Growth of automotive battery sensor market can be attributed to increasing stringency of emission norms worldwide, rising adoption of electrical & electronic components, increasing vehicle production, and rising demand for luxury vehicles. Automotive battery sensor market comprises several global market leaders, which makes it highly competitive.
The automotive battery sensor market is dominated by a few global players and several regional players. Some of the key manufacturers operating in the market are HELLA (Germany), Continental (Germany), Bosch (Germany), Furukawa Electric (Japan), NXP (Netherlands), Vishay (US), Texas Instrument (US), Denso (Japan), ams AG (Austria), Inomatic (Germany), and TE Connectivity (Switzerland).
Get Global Automotive Battery Sensor Market Research Report at www.rnrmarketresearch.com/contact…me=1720464 .
Key factor restraining growth of automotive battery sensor market is the system malfunctioning. Also, IBS technology is relatively new and is developed by a limited number of players.
The key challenge associated with IBS is high cost. The high cost of IBS vis-a-vis other battery sensors restricts its adoption.
Moreover, the cost of the IBS varies with the voltage of the battery.
The study contains insights provided by various industry experts, ranging from equipment suppliers to Tier-1 companies and Tier-2 companies. The break-up of the primaries is as follows:
- By Company Type: Tier-1–47%, Tier-2–44%, and Tier 3–9%
- By Designation: C—level Executives–41%, Directors–39%, Others–20%
- By Region: North America–32%, Europe–39%, Asia Pacific–27%, RoW–2%
Asia Pacific is estimated to be fastest growing market for automotive battery sensor, with China accounting for the largest market share in 2018. The market growth in the region can be attributed to the increasing vehicle production, high demand for luxury vehicles, rising emission concerns, and growing demand for commercial vehicles.
Access “Automotive Battery Sensor Market by Voltage Type (12V, 24V, and 48V), Communication Technology (LIN and CAN), Hybrid Vehicle (HEV and PHEV), Vehicle Type (Passenger Car, LCV and HCV), and Region - Global Forecast to 2025” report Now at www.rnrmarketresearch.com/contact…me=1720464 .
Report covers automotive battery sensor market, in terms of volume (000’ Units) & value (USD million). It explains quantitative aspects of automotive battery sensor market based on voltage type (12V, 24V, and 48V).
Report also segments automotive battery sensor market by communication technology (LIN and CAN), hybrid vehicle (HEV and PHEV), vehicle type (PC, LCV, and HCV), and region.
Competitive Landscape
1 Overview
2 Market Ranking Analysis
3 Competitive Scenario
4 New Product Developments
5 Collaborations/Joint Ventures/Supply Contracts/ Partnerships/Agreements
6 Expansions, 2017–2018
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