Report Highlights
- The market for automotive sensors fell from $12.7 billion in 2008 to $12.6 billion in 2009. Longer term growth is expected, rising at a compound annual growth rate (CAGR) of 7.7% over the period 2010 to 2015 to reach $19.1 billion by 2015, bolstered by new application opportunities and emerging regions.
- The applications of sensors in automobiles using alternate fuels will experience the highest compound annual growth rate (CAGR) of 12.7%, increasing in value from $950 million in 2010 to $1.7 billion in 2015.
- The market for sensors in power-train applications is expected to be higher than other applications, increasing from $6 billion in 2010 to $8.6 billion in 2015, a compound annual growth rate (CAGR) of 7.3%.
INTRODUCTION
- Examine BCC’s complete catalog of Market Research Reports and place direct orders
- Subscribe to any of BCC’s many industry newsletters
- Read announcements of recently published reports and newly launched newsletters
- Register for BCC’s well-known conferences
- Request additional information on any BCC product
- Take advantage of special offers
Report Highlights
- The global market for automotive sensor technologies increased from $7.3 billion in 2006 to an estimated $8.0 billion by the end of 2007. It should reach $13.5 billion by 2012, a compound annual growth rate (CAGR) of 10.8%.
- Power train sensors account for the largest share of the market, worth an estimated $4.7 billion in 2007 and expected to reach $7.7 billion by 2012, a CAGR of 10.5%.
- In the future, sensor technology will manage driver commutes, help avoid accidents and conduct body scans to put people in the most comfortable driving position.
Report Highlights
- The more than $10 billion worldwide automotive sensor market in 2005 will continue to increase at an average annual growth rate (AAGR) of 6% to $14.2 billion in 2010.
- Automotive safety represents a growing and the most stable market due to influences from national governments, consumers and the automakers themselves. Through 2010, this segment will show the most expansion at an AAGR of 13.7%. In-cabin systems will rise at an AAGR of 6.2%.
- During the period, position, speed and oxygen sensors will rise at an AAGR of 6.7 %; pressure and acceleration sensors, 5.6 %; and mass airflow, temperature and other sensors, 4.5%.
- Position, speed and oxygen sensors will remain the largest market segment, rising from $6.2 billion in 2005 to $8.6 billion in 2010.
Related Reports
Recent Reports
Pharmacy Automation: Technologies and Global Markets
The global market for pharmacy automation is estimated to increase from $7.8 billion in 2023 to reach $12.7 billion by 2028, at a compound annual growth rate (CAGR) of 10.2% from 2023 through 2028.
Temperature Sensors: Global Markets
The global market for temperature sensors is expected to grow from $7.3 billion in 2023 to $9.0 billion by the end of 2028, at a compound annual growth rate (CAGR) of 4.3% from 2023 through 2028.
Analytical Laboratory Instruments Manufacturing: Global Markets
The global market for analytical laboratory instruments is estimated to increase from $60.9 billion in 2023 to reach $82.5 billion by 2028, at a compound annual growth rate (CAGR) of 6.3% from 2023 through 2028.
Autonomous Trucks: Global Markets
The global market for autonomous trucks is expected to grow from $3.3 billion in 2023 to over $6.9 billion by the end of 2028, at a compound annual growth rate (CAGR) of 16.2% during the forecast period of 2023-2028.
Biosensors and Nanosensors: Global Markets and Technologies
The global market for biosensors and nanosensors is expected to grow from $30.6 billion in 2023 to $43.5 billion by 2028, at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2028.
Top Trending Reports
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for cell and gene therapy tools and reagents is estimated to grow from $8.3 billion in 2022 to $13.7 billion in 2027, with a compound annual growth rate (CAGR) of 10.6% for the period of 2022-2027.
ESG Trends in Chemical Industry
This report focuses on the ESG trends in the chemical industry and evaluates the ESG implementation including current and future potential. The report utilizes various databases, including sustainability reports, annual reports, and other indicators used to develop the current market. The study provides detailed information on the main factors influencing ESG growth in the chemical industry. It enables the reader to understand the industry in general while also providing insight into the inter-relationship between ESG and the sustainable chemical industry. The report describes market growth, developing trends, industry leaders, and applications of ESG implementation in the chemical industry.
Digital Pathology: Technologies and Global Markets
The global digital pathology market is estimated to increase from $5.9 billion in 2022 to reach $10.7 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% from 2022 through 2027.
Smartphone-Based Patient Monitoring: Global Market
The global smartphone-based patient monitoring market should reach $21.5 billion by 2027 from $6.8 billion in 2022 at a compound annual growth rate (CAGR) of 25.9% for the forecast period of 2022 to 2027.
Seawater and Brackish Water Desalination
The global market for seawater and brackish water desalination is estimated to increase from $14.7 billion in 2022 to $21.7 billion by 2027, at a compound annual growth rate (CAGR) of 8.1% from 2022 through 2027.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More