Automotive sensors find application in various automobile components such as powertrain control system, climate control, Anti-lock Braking System (ABS) & Electronic Stability Programme (ESP) system, airbag restraint system, power steering system, engine management system, camshaft position sensor, crankshaft position sensor and body dynamics control system. These provide occupants of vehicles with better comfort, driver safety and security among other related benefits.
The major opportunities of automotive sensors include steer-by-wire and automated highway driving. These systems are in the conceptual stage and major players such as Robert Bosch GmbH and Tesla Motors, Inc are already testing automated highway driving which would help people drive more safely and conveniently in the future.
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The increasing demand for automobiles due to the increase in disposable income in Asia Pacific is one of the major factors fueling the demand for automotive sensors. In addition, increasing government safety regulations and emission control is also boosting the automotive sensors market.
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Body control system, power steering system, climate control and ABS are some of the basic features provided by manufacturers as a standard option in vehicles at present. Moreover, hybrid and fuel cell vehicles have an exponential use of sensors for hydrogen leak detection, current monitoring, motor speed and position among others.