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Automotive MEMS Sensor Market Worth $3.60 Billion by 2020 - New Report by MarketsandMarkets

Automotive MEMS Sensor Market report categorizes global by Type (Inertial Sensor, Microphone, & Pressure Sensor), Application (ADAS, ECU, ESC, HVAC, Safety & Security, In-Car Navigation, OIS Camera, Microphone in Cabin, & TPMS), & Geography."

 

Dallas, TX -- (SBWIRE) -- 04/23/2015 -- According to the new market research report "Automotive MEMS Sensor Market by Type (Inertial Sensor, Microphone, & Pressure Sensor), Application (ADAS, ECU, ESC, HVAC, Safety & Security, In-Car Navigation, OIS Camera, Microphone in Cabin, & TPMS), & Geography - Analysis & Forecast (2014 - 2020)", published by MarketsandMarkets, the Automotive MEMS Sensor Market, in terms of value is expected to reach $3.60 Billion by 2020, at a CAGR of 4.7% between 2014 and 2020, which includes an in-depth analysis of the type, application, and geography.

Browse 68 market data Tables and 107 Figures spread through 180 Pages and in-depth TOC on "Automotive MEMS Sensor Market".

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Automotive MEMS sensors are being used for controlling various elements of the automobiles. MEMS-based sensors utilize very small mechanical and electrical components on a single chip. The increasing demand for safety and security in the automobiles is the main factor which is playing a vital role for the growth of this market. Automotive MEMS sensors provide various advantages of high efficiency, small size, and low cost. Automobile MEMS sensors could be used in a number of applications such as tire pressure monitoring systems, oil pressure sensing, pedestrian protection, and in exhaust gas recirculation.

This report is based on an in-depth research study on the automotive MEMS sensor market across the safety and security, advanced driver assistance, microphone in cabin, electronic stability control, and other automobile applications which consist of engine management system, oil pressure sensing and focus on the various types of emerging applications that are available commercially as well as the new market demand for the automotive MEMS sensor market by 2020. The report provides the profiles of the major active companies in the market. The recent developments, adoption of technologies, and the agreements to strengthen the growth of this market are also briefly discussed. The report also provides the competitive landscapes of the key players, which indicate their growth strategies in terms of the market.

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The report also presents the market dynamics such as the drivers, restraints, and opportunities. Apart from the in-depth view on market segmentation on the basis of components, applications, and geographies, the report also includes the critical market data and qualitative information for each type, along with the qualitative analysis such as the Porter's five force analysis, value chain analysis, supply chain, and market breakdown analysis. The market is expected to reach $3.60 billion by 2020, at a CAGR of 4.7% between 2014 and 2020.
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