DUBLIN--(BUSINESS WIRE)--The "Research Report on China's Automotive Sensor Industry, 2018-2022" report has been added to ResearchAndMarkets.com's offering.
In 2017, the market size of automotive sensors in China exceeded USD 5 billion.
According to the researcher, China's automobile sales and production volume ranked the first in the world for nine consecutive years from 2009 to 2017. In 2017, the automobile production reached about 29.02 million units and the automobile sales were approximately 29 million units. The demand for automotive sensors in China is also rising with the increasing automobile production and sales and upgrading automotive electronics technology.
Sensor technology is a fast-growing high and new technology and also a pillar of the information industry like communications technology and computer technology.
As the information sources and key parts of the automotive electronic control system, automotive sensors are essential to the development of automobile intelligence and automated driving and are widely used in the control of automobile engines, gearboxes, chassis, exhaust, etc. It is widely believed that automotive intelligence will be the mainstream trend of automobile development. Driven by intelligent automobiles, the global automotive sensor market will expand rapidly with new development opportunities.
As China grows into the largest automobile market in the world and automobiles become more electronic, integrated and intelligent, automotive sensors have great market potential but the market competition will become more intense in the future. It is projected that, in 2022, the average number of sensors per vehicle will increase to about 80, and the market size of automotive sensors in China will exceed USD 10 billion.
Key Topics Covered:
1 Relevant Concepts and Classification of Automotive Sensors
2 Analysis on China's Automotive Sensor Industry, 2015-2018
3 Market Competition in China's Automotive Sensor Industry
4 Analysis on Major Automotive Sensor Manufacturers in China, 2015-2018
5 Analysis on Production Costs and Prices of Automotive Sensors in China, 2015-2018
6 Forecast on Development of China's Automotive Sensor Industry, 2018-2020
Companies Mentioned
- Huagong Tech Company Limited
- Hangzhou Silan Microelectronics Co., Ltd.
- Shanghai Baolong Automotive Corporation
- Beijing NAV Technology Co., Ltd.
- Jiangsu Olive Sensors High-Tech Co., Ltd.
- Continental AG
- Bosch Group
- Honeywell International Inc.
- Sensata Technologies, Inc.
- Infineon Technologies AG
For more information about this report visit https://www.researchandmarkets.com/research/lxg648/china_automotive?w=4
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Related Topics: Automotive Sensors