Automotive Temperature Sensor Market is expected to reach 12.43 Billion by 2026 from 7.68 Billion in 2017 at CAGR of 5.5% (Detailed analysis of the market CAGR is provided in the report). Automotive Temperature Sensor market is segmented by product type, technology, usage, vehicle, electric vehicle application, EV charging technology, application type, and geography. MEMS temperature sensors sub-segment is expected to gain the largest market share in the forecast period. Use of advanced MEMS temperature sensors has increased with the development of advanced technologies this is expected to fuel the MEMS temperature sensors market growth. EV charging Technology segment is estimated to experience the significant growth of wireless charging technology. This growth is attributed to increased efficiency. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. 
The increasing application of automotive temperature sensor is trending the overall automotive temperature Sensor market. However, High Cost of automotive temperature sensor will restrain the market growth. APAC is going to emerge as one of the higher growth regions in the forecast period followed by North America and Europe. Increasing manufacturing and sales of vehicles in countries such as China and India will fuel the Automotive Temperature Sensor market in the APAC region. Key Highlights: • Assessment of market definition along with the identification of key players and an analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for this market during the forecast period • Complete quantitative analysis of the industry from 2016 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Automotive Temperature Sensor market analysis and comprehensive segmentation with respect to the product type, technology, usage, vehicle, electric vehicle application, EV charging technology, application type, and geography to assist in strategic business planning • Automotive Temperature Sensor market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and their key regions Years that have been considered for the study are as follows: • Base Year – 2016 • Estimated Year – 2017 • Forecast Period – 2017 to 2026 For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered Research Methodology The research methodology used in this report contains various secondary sources including directories such as International Organization of Motor Vehicle Manufacturers (OICA), Automotive Electronics Council (AEC), and Automotive Component Manufacturers Association (ACMA). Bloomberg, Hoovers, and Factiva are some of the sites that are being referred to gain insights about Automotive Temperature Sensor market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Automotive Temperature Sensor market globally
Key Players in the Automotive Temperature Sensor Market Are:
• Delphi • Continental • Robert Bosch • TE Connectivity • Sensata Technologies • Microchip • NXP Semiconductors • Texas Instruments • Analog Devices • Murata • Panasonic Corporation • TDK Corporation.
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Report Published by: Maximize Market Research