Automotive MEMS Market 2019
MEMS, a pivotal technology predominantly used in the automotive industry, serves to enhance vehicle features.
Global Automotive MEMS market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automotive MEMS.
This report researches the worldwide Automotive MEMS market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Automotive MEMS breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter-s Five Forces Analysis.
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The following manufacturers are covered in this report: Robert Bosch General Motors Analog Devices STMicroelectronics Sensata Technologies Panasonic Infineon Delphi Freescale Semiconductors Denso Murata
Automotive MEMS Breakdown Data by Type Type I Type II
Automotive MEMS Breakdown Data by Application Airbags Tire Pressure Monitoring Navigation Electronic Stability
Automotive MEMS Production Breakdown Data by Region United States Europe China Japan Other Regions
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The automotive industry has been on the tracks of automotive car technology for a long time, but as the latest data shows, there's still some way to go in this field. Although the sector shows massive development with regards to fuel efficiency, power trains, and tires, autonomous cars have grabbed headlines. Major players in the industry gearing up for some serious investment in the field of autonomous cars. Google, GM, Uber, and Lift have all invested in the development of more accurate and reliable autonomous vehicle mechanisms, looking to get an early start in the autonomous ride-share market. This could turn out to be a major year for autonomous car technology, even though fully autonomous cars may have to wait another decade or more to come on to the streets.
The internet of things (IoT) is bound to pave the way for the automotive industry. Trucks and connected vehicles are likely to be remote controlled giving new meaning to logistics. Rise of new technologies has warranted the need for advanced infotainment systems which can play and support external devices of the user choice. This move has already been met with success with the introduction of these viewing options by ride-sharing aggregators. Customization will continue to play a major role in all aspects of the automotive sector.
Major American automotive giants such as Ford and GM are planning to restructure their organizational structure later this year. This could result in several layoffs, factory shutdowns, and more. Worker unions as well as congresspersons are likely to be on their toes, as several have made moves to seek a reconciliatory settlement with GM should any of its factories shut down. The economic impact of the closure of even a single factory can be terrible for localized areas, avoiding which is the target of unions and congresspersons alike. How these companies, for so long the two major giants in the automotive industry in America but slightly overwhelmed by the technological changes required in the 21st century, fare after the restructuring and what visage they present to the global audience remains to be seen. Investment in electric and autonomous cars is likely to be high on the agenda of these two giants, as they look to restructure for the future and enjoy long-term success in the auto industry in North America and beyond.
Electric cars are likely to be an important part of the automotive industry in the coming years. Electric and electric hybrid cars are already part of the mainstream auto industry, but the infrastructure remains erratic and the technology remains behind present propulsion mechanisms. The development of powerful battery systems capable of delivering petrol-esque performance while still allowing petrol-esque refueling speeds is likely to be the major trend in the industry in the coming years.
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