Market Research Report
Frost Radar in the Automotive Sensors Industry
|Published by||Frost & Sullivan||Product code||919975|
|Published||Content info||39 Pages
Delivery time: 1-2 business days
|Frost Radar in the Automotive Sensors Industry|
|Published: November 11, 2019||Content info: 39 Pages||
A Measurement System to Spark Companies 2 Action (C2A)-Innovation That Fuels New Deal Flow and Growth Pipelines
Most technologies used in the automotive solutions market are well established and some are near the maturity phase of their life cycle. Newer solutions include lidar, laser NIR, FIR, and radar, and these are in the growth stage. They are gradually penetrating into applications based on the advantages they offer.
Speed, position, and pressure sensors are near market maturity, and life cycle maturity is distinguished by high demand and higher price competition as consumption nears commodity status. Most sensors are likely to maintain stage status quo throughout the forecast period of 2020 to 2024.
The current study of the total automotive sensors market is based on the analysis of 7 core sensor technologies:
Of the more than 100 companies in this space, 20 have been identified with commendable performance under the 7 core sensor technologies analyzed by capitalizing on the positive trends impacting the market. They can be broadly categorized into 3 groups:
The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders, predominantly in the Innovation index for this market are recognized as best practice recipient.