Global Market for Automotive Sensors to Reach $22.1 Billion by 2017
FARMINGTON, Conn., May 7, 2012 /PRNewswire-iReach/ -- Global Information Inc. is pleased to announce two significant new reports tracking innovations and forecasts in the field of automotive electronics:
Global Markets for Automotive Sensor Technologies
The global market for automobile sensors is expected to reach nearly $15.2 billion by 2012, according to BCC research's new automotive sensors market research report, Global Markets for Automotive Sensor Technologies. This new report projects the market to grow at a compound annual growth rate (CAGR) of 7.7% reaching $22.1 billion in 2017.
The automotive industry is being revolutionized by rapid technological innovation. Using technologies like silicon micro-engineering, thick film, capacitive, variable reluctance, optical and radar, new applications are emerging particularly in emission control and safety areas. Sensors integrated with electronics, communications and computer intelligence are poised for a growth surge. "Smart sensors" or "intelligent sensors" are integrated sensors with intelligence and will be used in conjunction with many other types of devices, achieving the ultimate goal of the creating the first true "smart cars."
This report studies the areas in the production of an automobile that have advanced with the use of sensors, and looks at the global and regional markets for these sensors in various applications and regions.
An Executive Summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/bc235990-global-markets-automotive-sensor-technologies.html
Safe Car Guide - ADAS Technology edition
Advanced automotive sensor technology is also widely used in Advanced Driver Assistance Systems (ADAS). While this market is still evolving and maturing, it has gone through some radical changes the last few years. Some ADAS applications are well-known and appreciated by consumers, such as park/reverse assist and adaptive cruise control. However, most of them are still not fully understood or even known by consumers. SBD's new Advanced Drive Assistance Systems market report Safe Car Guide - ADAS Technology provides a summary of trends for ADAS availability in the European market, together with a detailed analysis showing how two leading vehicle manufacturers have implemented ADAS in their current high-end models: BMW's 6 series, and Mercedes-Benz's S-Class.
An Executive Summary for this report and a free sample of the full document are available at http://www.giiresearch.com/report/sbd231707-safe-car-guide-adas-technology-edition.html
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