2017 Speed Sensors Market drivers, restraints, opportunities, future trend scenario

Speed sensor is a device used for reading a vehicle’s speed. Speed sensors are a significant elements of automotive electronics systems. To check vehicles efficiency, environmental regulations and security standards these electronic systems are used. To meet the demand for consumer safety, fuel efficiency and infotainment applications, leading manufacturer of automobiles are introducing high-end options in vehicles. Stringent government regulations of emissions and safety is a key driver for global speed sensors market. With the increase in electronics content in the vehicles, there is an increase in speed sensors used in vehicles.

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Increasing vehicle production worldwide coupled with the demand for technological advancements in automobiles and changing customer preferences are the key factors influencing global speed sensors market. Regulations on emissions and fuel economy have are becoming strict in several parts of the world, speed sensors are considered to plays a significant role in maintaining regulations. Government across the world are increasingly implementing safety rules for the passengers. Also, people are more concerned about their security and require safety measures such as antilock braking, air bags and crash avoidance. Growth in adoption of these safety measures is expected to drive the global speed sensors market in the future.

Companies Mentioned

- Robert Bosch GmbH
- Sensata Technologies Inc.
- Infineon Technologies AG
- Standex Electronics
- Freescale Semiconductor Inc.
- Denso Corporation
- Asahi Kasei Corporation
- Continental AG
- Analog Devices Inc.
- AMETEK Inc.
- Honeywell
- Sensata
- Ford Corporation
- Delphi Automotive
- General Electric

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4 Speed Sensors Market Landscape

4.1 Overview
4.2 Definitions
4.3 Market Segmentation
4.3.1 By Sensor Type
4.3.2 By Application
4.3.3 By Regions
4.3.3.1 By Countries
4.4 Value Chain Analysis

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