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Global Automotive MEMS Sensors Market to 2024 - Passenger Safety and Security Regulations, and Increased Focus on ComplianceDUBLIN, April 10, 2019 /PRNewswire/ -- The "Automotive MEMS Sensors Market - Analysis of Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering. The automotive MEMS sensors can be used in a number of applications, such as tire pressure monitoring systems, oil pressure sensing, pedestrian protection, and in exhaust gas recirculation. The market serves a vast variety of industry verticals, ranging from very small consumer electronic devices to very large automotive manufacturers. Automotive MEMS sensors provide various advantages of high efficiency, small size, and low cost. Crash sensing for airbag control is a compelling factor for the demand of inertial MEMS sensors. Companies, like ST Electronics, Bosch, and Analog Devices, among others, have been instrumental in developing MEMS-based accelerometer sensors and inertial sensors specified for a temperature range extending from -40C to +125C, which are suitable for enabling passive safety during a crash. Innovations in the MEMS sensors for airbag applications are toward increasing the processing speed of the sensors and sensors that can detect forces up to 120g or 480g. For instance, Bosch, in November 2018, launched a new generation of high-g acceleration sensors, SMA7xy sensor family, which are designed to enable faster signal processing, as compared to the sensors of the preceding generation (SMA6xy released in 2014). With higher bandwidth, these sensors detect impact and facilitate more rapid deployment of the vehicle's passive safety systems. In the light of the road crash fatalities, governments across regions, like the United States and Europe, have mandated automobiles to have airbag functions even in non-luxury variants. These regulations, therefore, have fueled the demand for MEMS sensors for airbag deployments. Asia-Pacific to Witness Highest Growth Asia-Pacific is expected to exhibit the highest growth rate in the automotive MEMS sensors market, owing to the rapidly growing automotive industry in economies, such as China and Japan. In the automotive industry, tire pressure monitoring system (TPMS) is one of the applications of MEMS sensors. China's prominent role in implementing TPMS for its vehicles is expected to contribute to the market's growth positively over the forecast period. Additionally, the standardization of autonomous driving and advanced driver assistance systems (ADAS) is accelerating the growth. Competitive Landscape The automotive MEMS sensors market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with a prominent share in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability. For instance, in November 2018, Analog Devices Inc. launched a broad range of new Industry 4.0 solutions, enabled with MEMS sensor within its advanced Industry 4.0 roadmap that aimed at helping the industrial equipment accelerate their path to Industry 4.0. These new solutions deliver next-generation flexibility, connectivity, and efficiency for today's existing factory infrastructure. Key Topics Covered: 1 INTRODUCTION 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1 Market Overview 4.2 Industry Attractiveness- Porter's Five Forces Analysis 4.3 Introduction to Market Drivers and Restraints 4.4 Market Drivers 4.4.1 Passenger Safety and Security Regulations, and Increased Focus on Compliance 4.4.2 Increased Automation Features and Performance Improvements Preferred by Customers 4.5 Market Restraints 4.5.1 Increase in Overall Cost of MEMS Sensors Implementation due to Interface Design Considerations 4.6 Technology Snapshot 5 MARKET SEGMENTATION 5.1 By Type 5.1.1 Tire Pressure Sensors 5.1.2 Engine Oil Sensors 5.1.3 Combustion Sensors 5.1.4 Fuel Injection and Fuel Pump Sensors 5.1.5 Air Bag Deployment Sensors 5.1.6 Gyroscopes 5.1.7 Fuel Rail Pressure Sensors 5.1.8 Other Types 5.2 Geography 6 COMPETITIVE LANDSCAPE 6.1 Company Profiles 6.1.1 Analog Devices Inc. 6.1.2 Delphi Automotive PLC 6.1.3 Denso Corporation 6.1.4 General Electric Co. 6.1.5 NXP Semiconductors NV 6.1.6 Infineon Technologies AG 6.1.7 Sensata Technologies Inc. 6.1.8 STMicroelectronics NV 6.1.9 Panasonic Corporation 6.1.10 Robert Bosch GmbH 7 INVESTMENT ANALYSIS 8 MARKET OPPORTUNITIES AND FUTURE TRENDS For more information about this report visit https://www.researchandmarkets.com/r/ge4py2 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-automotive-mems-sensors-market-to-2024---passenger-safety-and-security-regulations-and-increased-focus-on-compliance-300830050.html SOURCE Research and Markets |