Press release
Automotive Pulse Generators Market: Understanding the Key Product Segments and their Future
They are used in varied end use industries, such as communications, aerospace, defence, and mechanical, and particularly in industrial machinery, automotive machinery, and the electronic industry, among others. There are two types of automotive pulse generators, namely giant magneto resistance (GMR) type and hall type. The operation of these sensors is similar but construction may vary, depending on the type. The main function of an automotive pulse generator is to measure the rpm and determine position of the crankshaft at engine management systems.
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The giant magneto resistance (GMR) type has high reliability and performance. This device is mainly manufactured to realize high environment resistance. In order to improve the performance, angle position, and detection accuracy, high sensitivity and high output device is used. Hall type pulse generators are known for their high performance and reliability. In this type, high reliability is achieved with less connection portion. Accurate rotation detection ability of the device helps it achieve high performance.
The automotive pulse generators market is greatly dependent on automobile production and sale. The demand for automobiles is increasing in developing countries, such as China, India and Brazil. This is seen as a major driver for the automotive pulse generators market in these regions. Industrialization and urbanization, coupled with rising disposable income of middle class families has propelled the growth of automobile sales in the last few years.
This trend is expected to continue during the forecast period. Globally, China occupies the first spot in terms of passenger vehicle manufacturing, whereas the U.S. tops the list for commercial vehicle manufacturing. Japan and India also have a significant share in vehicle production. Rise in infrastructure investment, particularly in the construction of roads and highways is an important factor fuelling the growth of automotive sales and the automotive pulse generators market.
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The demand for test and measurement equipment from the automotive industry is expected to increase significantly during the forecast period. The automotive pulse generator market is greatly fragmented and dominated by small automotive parts manufacturers across regions. High competitive costs can be considered as one of the restraints of this market. Supplying high quality products at reasonable costs is an opportunity for the manufacturers and suppliers of automotive pulse generators.
As of 2016, Asia Pacific is globally predominant in the automotive pulse generators market, owing to increasing demand, rapid urbanization, and aggressive expansion of automotive manufacturing facilities. North America and Europe are other prominent markets exhibiting healthy growth in terms of demand for automotive pulse generators. Countries, such as China, India, the U.S., and Germany are expected to retain substantial market shares in coming years. Germany is the auto hub of Europe with high automotive production and sales. German car manufacturers are known for their innovation, safety, reliability and design. The huge research and development infrastructure, along with the availability of cutting edge technology will fuel the automotive pulse generator market in the country. Middle East, Latin America and Africa are expected to expand with significant CAGRs over the forecast period.
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