Automotive Gear Position Sensor Market Set for Rapid Growth During 2020 - 2030

-

 

Automotive Gear Position Sensor: Introduction

  • The automotive gear position sensor is designed to monitor the gear shift in a vehicle. It is commonly utilized to determine the position of the gear. Types of gear position sensors include rotary potentiometers and linear potentiometers. Rotary potentiometers are designed to control the gearbox, throttle control, and steering angle measurement.
  • The gear position sensor is placed outside the gearbox housing. This sensor detects the position of gear without any contact. In sports vehicles, seamless shift gearboxes require a gear position sensor with dual signal outputs to control signal dismissal.

Key Drivers of Automotive Gear Position Sensor Market

  • Rise in demand for high performance vehicles is boosting the adoption of automatic transmission where gear position sensors are widely used, which in turn is likely to propel the automotive gear position sensor market across the globe. Rise in demand for shift by wire technology, which is actuated by digital controls, and GPS and helps detect the position of digital controls, is likely to propel the automotive gear position sensor market across the globe.
  • Rise in development in transmission system including dual clutch transmission system, which offers fuel-efficiency and safety features in vehicles, is anticipated to boost the automotive gear position sensor market. Major vehicle manufacturers are investing in research and development regarding automatic transmission, which has led to the development of triple-clutch transmission systems where gear position sensors play a vital role. This is anticipated to boost the automotive gear position sensor market across the globe.

For Right Perspective & Competitive Insights on Automotive Gear Position Sensor Market, Request for a Sample

Europe & Asia Pacific to hold significant share of global automotive gear position sensor market

  • Europe is projected to account for a significant share of the global automotive gear position sensor market due to stringent rules and regulations regarding vehicle emission norms enacted across the region. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers including Continental AG and Infineon Technologies who have major facilities that undertake research & development regarding the transmission system, which is likely to propel the automotive gear position sensor market across the Europe.
  • Followed by Europe, Asia Pacific is projected to account a significant share of the global automotive gear position sensor market due to an increase in sale of vehicles across the region. Expansion of manufacturing and electronics sectors across the region is likely to drive the automotive gear position sensor market in Asia Pacific

Key Players Operating in Automotive Gear Position Sensor Market

The global automotive gear position sensor market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the automotive gear position sensor market are:

  • Continental AG
  • Honeywell International Inc.
  • Infineon Technologies Inc.
  • TE Connectivity Corp
  • ZF Friedrichshafen AG.
  • Magna International
  • Mando Corporation
  • SICK AG
  • Transtron Inc.
  • Eaton Corporation
  • Asahi Denso Co. Ltd

Comments

Post a Comment

Popular posts from this blog

Innovation and Advancements to Become Grounds for Competition between Terahertz Components and Systems Manufacturers

-
With the growing involvement of international players in the market for  terahertz components and systems , the degree of competition has increased significantly, finds TMR. The leading companies, namely, Advantest Corp, TeraView, Bruker Corp, NEC Corp, Menlo Systems GmbH, and Techcomp Group Ltd., are heavily investing in research and development activities to expand their product portfolios in order to sustain in this competitive environment.  Going forward, the companies are likely to compete on the basis of innovation and advancements. Product pricing will also play a key role in providing the manufacturers an edge over each other. Analysts at Transparency Market Research predict a high degree of competition as well as profitability in this market over the coming years. Get PDF Sample for this Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9119 Increasing Popularity of Terahertz Imaging Solutions Fuels Demand for...
Read more

Dairy Alternatives Market: Rising Adoption from Small and Medium-sized Enterprises to Fuel Growth

-
  The global   dairy alternatives market   size is expected to reach USD 50.87 Billion in 2028 and register a revenue CAGR of 10.5% over the forecast period, according to a latest report by Repoarts and Data. Shifting preference of consumers towards vegan and flexitarian foods, especially in developed countries such as the U.S. and the U.K., is resulting in high consumption of dairy alternatives such as almond milk, soy milk, and rice milk, which in turn, is expected to drive market revenue growth. Food manufacturers are opting for alternative sources of plant-based ingredients in order to meet growing demand from vegans for plant-based milk products. Vegans and vegetarians are actively opting for dairy alternatives due to advantages offered by consuming plant-based alternative beverages over natural dairy milk, which include prevention of lactose intolerance and cow’s milk allergy as these beverages do not contain high calorie, cholesterol, or lactose. Increasing demand ...
Read more

Virtual Private Server Market Expected to Reach US$ 4,453.7 Mn by 2026

-
Image
According to a new market report published by Transparency Market Research, the  global virtual private server market  was valued at US$ 1,104.2 Mnin 2016 and is projected to expand at a compound annual growth rate of 15.4% from 2018 to 2026, reaching US$ 4,453.7 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the virtual private server market in 2016. This is primarily due to strong technological advancement and substantial application of virtual private servers by several end-users such as BFSI and IT & telecom across the region. Request a Sample –  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51666 Growing security concerns among enterprises driving the global virtual private server market There is a considerable increase in the number of data breaches which needs to be avoided. VPS provides guaranteed dedicated resources such as RAM, CPU, ban...
Read more