Global Automotive Temperature Sensor Market is expected to reach $15.18 billion by 2027 a CAGR 7.0% during 2018 to 2027.

Some of the key players in the Automotive Temperature Sensor market are the Texas Instruments, TE Connectivity, TDK Corporation, Sensata Technologies, Robert Bosch, Panasonic Corporation, NXP Semiconductors, Murata, Microchip, Delphi, Continental, and Analog Devices.

Gaithersburg, Maryland, United States - February 14, 2020 /MarketersMedia/ —

Stringent emission norms for automobiles and increasing application of automotive temperature sensor are crucial factors that are likely to boost the growth of the Automotive Temperature Sensor market. However, cost pressure on automotive OEMs, and limitations of temperature sensors are likely to hamper the profit boundaries.

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Automotive temperature sensors are used for temperature sensing and control application in automotive electronics, and are commonly used in powertrain and climate control applications. Availability of various types of temperature sensors in order to meet the requirements or end users by offering innovative products and solutions is resulting into its increasing demand of these sensors from automotive sector.

Based on product, the Micro-Electro-Mechanical System segment is likely to have a huge demand due to the increasing luxury vehicles around the globe and reduction of the wiring harness. The Micro-Electro-Mechanical System (MEMS) temperature sensors are widely used in all major advanced applications of electric as well as conventional vehicles.

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By geography, North America is going to have a lucrative growth during the forecast period owing to the stringent government regulations, the majority of the vehicles being equipped with safety features. Hence, there is a limited scope of growth for temperature sensor applications in the region. The North American market for automotive temperature sensor is set to mature in the near future.

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Products Covered:
• Thermocouple
• Thermistor
• Resistance Temperature Detectors (RTD)
• Micro-Electro-Mechanical System
• Infrared Temperature Sensor
• IC Temperature Sensor

Usages Covered:
• Air
• Liquid
• Gas

Technologies Covered:
• Non-Contact
• Contact

Electric Vehicles Covered:
• Wireless
• Wired

Vehicles Covered:
• Commercial Vehicle
• Passenger Cars

Applications Covered:
• Transmission
• Thermal Seats
• Powerstrain
• Heating, Ventilation, and Air Conditioning (HVAC)
• Exhaust
• Engine
• Electric Motor
• Battery
• Alternative Fuel Vehicles

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
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Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/

Source URL: https://marketersmedia.com/global-automotive-temperature-sensor-market-is-expected-to-reach-1518-billion-by-2027-a-cagr-70-during-2018-to-2027/88946730

Source: MarketersMedia

Release ID: 88946730

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