DUBLIN--(BUSINESS WIRE)--The "Global Automotive Engine Oil Level Sensor Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
Global automotive engine oil level sensor market to grow at a CAGR of 4.65% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is HELLA's combi sensor for oil quality and oil level management. According to the report, one driver in the market is rapidly increasing electronic content per vehicle. With the growing consumer concerns about the safety, comfort, performance, and stability, OEMs have been trying to include advanced features in vehicles. This evolution has reduced the utility of mechanical component in the automotive industry and increased the growth of electronics. Manufacturers started equipping special features in cars to highlight product differentiation to sustain in the competitive market. Over 90% of advanced features in any car is possible only through the addition of electronic content in the vehicle.
Further, the report states that one challenge in the market is low-cost manufacturing countries to lose low-cost advantage. In the automotive industry value chain, the OEMs have been absorbing the liability for most of the warranty costs and price pressure from the demand side in the past. However, this situation has changed over the past 5-6 years, where the OEMs have pushed liabilities on Tier 1 suppliers who in return push to component manufacturers. This has led to cost optimization across the industry to maintain profitability. One such means was to outsource manufacturing activities to countries, with low operational costs such as Taiwan, China, South Korea, and India. These countries are among the largest manufacturers of automotive components in the world.
Key Vendors
- Bosch
- Continental
- Delphi Automotive
- HELLA
Other Prominent Vendors
- ACDelco
- Cummins Filtration
- Fozmula
- HERTH+BUSS
- SMD Fluid Controls
- TE Connectivity
- Texas Instruments
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation by End-User
Part 07: Regional Landscape
Part 08: Decision Framework
Part 09: Drivers and Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/tq6p52/global_automotive?w=4
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Related Topics: Oil, Automotive Sensors