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Middle East & Africa Automotive Sensors Market 2015-2020 - Analysis of Temperature, Pressure, Speed, Level/Position, MEMS, Magnetic, Gas, and Inertial SensorsDUBLIN, June 12, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/ll284w/middle_east_and) has announced the addition of the "Middle East & Africa Automotive Sensors Market - Growth, Trends & Forecasts (2014-2020)" report to their offering. The Middle East & Africa automotive sensors market is expected to increase to $1.45 billion by 2018 at a CAGR of 6.08% over the period 2014-2020 The low cost & compact size, ecofriendly & bulk manufacturing capability, and energy efficient are the key drivers which are making the automotive sensors market to grow lucratively. Development of new applications for technologies which utilize nano and micro technology will help grow the Middle East & Africa automotive sensor market. Increased research and development in the sensor industry is creating opportunities for technological advancements that open up new horizon for sensor applications. As of 2014, the market witnessed presence of various international players, including Honeywell International, Siemens AG, Robert Bosch, General Electric, and Emerson Electric Company. New product launches and partnerships, agreements, collaborations, and joint ventures are the major strategies adopted by most market players to grow in the automotive sensor market. The Middle East & Africa Automotive Sensors Market is segmented on the basis of Type (Temperature, Pressure, Speed, Level/Position, MEMS, Magnetic, Gas, and Inertial), Application (Powertrain, Body Electronics, Vehicle Security Systems, Alternative Fuel Vehicle, and Telematics).
For more information visit http://www.researchandmarkets.com/research/ll284w/middle_east_and Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/middle-east--africa-automotive-sensors-market-2015-2020---analysis-of-temperature-pressure-speed-levelposition-mems-magnetic-gas-and-inertial-sensors-300099721.html SOURCE Research and Markets |