Automotive Sensor Module Market 2016 Analysis, Future Opportunities and Market Forecast To 2024

The automotive sensor module is made of cover, sensor and wiring unit. The cover holds the sensors in its place and this include connector which creates a connection with devices which is fitted externally. Further, the cover includes wiring units, these wires are attached with connector to the sensors. The wiring includes a second connector terminal, which is again integrated with the first connected terminal. The automotive sensor module includes a wide range of application in the vehicle. Some of the key application for the automotive module includes accurate real-time monitoring. This enables the vehicle engine to operate with enhanced efficiency with lesser emission of toxic gases from the vehicle.

The key players operating in the automotive sensor module market include:
Delphi Automotive plc, Continental AG, NXP Semiconductors, Denso Corp., Infineon Technologies AG. Some of the other major vendors operating in the automotive sensor module market include Heraeus Sensor Technology, First Sensor, SHINYEI Technology and National among others.

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A key challenge faced by the automotive sensors module manufacturer is developing robust and reliable sensor modules which can operate with high rate of accuracy under harsh chemical, physical and electrical stress conditions. Further key players operating in the automotive sensor module market are working on developing built in diagnostic feature to support maintenance on demand. This would support failure mode operation which is required for application which is critically required in safety feature like antilock braking, monitoring tire pressure and enable functioning of airbags at the time of impact.

Some of the key factors driving the automotive sensor module market involve growing demand for electric vehicles over traditionally used petroleum fueled vehicles. There is greater application of automotive sensor modules than traditional fueled vehicles. Moreover, growing concern for safety of passengers traveling in the vehicle is expected to drive the demand for automotive sensor module market. The sensor module helps in monitoring, collection of data and act according. A key restrain in the growth of the automotive sensor module market include the smooth functioning of sensor module under harsh environments. Further durability and longevity of the automotive sensor module are factors restraining the market growth.

The automotive sensor module market segmented by restrain type could be segmented into chemical and physical restrain type. The automotive sensor module by chemical segment could be further segmented into humidity and corrosion. The physical restrain segment in the automotive sensor module market segmented by restrain type could be further segmented into shock and vibration.

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