Automotive Cabin Air Quality Sensor Market Research Report, 2017-2021
The introduction of cabin air quality sensors in luxury and autonomous vehicles has further contributed to the growing automotive industry. The demand for these cabin air quality sensors is actively driven by the increasing security and safety concerns among consumers, stringent government regulations regarding the pollution levels, and the increasing demand for luxury vehicles. Furthermore, the growing sales of electric and autonomous vehicles and advancement in sensor technologies are expected to add further traction to the growing cabin air quality sensor market in the coming years. However, factors such as pricing pressure for sensor manufacturers and fluctuation in raw material prices are restraining the global automotive cabin air quality sensor market growth.
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Consumer trends have been witnessed to be shifting toward safer and convenient driving experience. The safety and security features of any vehicle have become one of the key emphasis points for automakers, worldwide. Apart from active safety features such as Advance Driver Assistance Systems (ADAS), automotive Original Equipment Manufacturers (OEMs) are equally emphasizing on the need for a clean and safe passenger cabin in vehicles. This has led to the integration of multiple sensors and sensor modules in the vehicle’s cabin for the detection and monitoring of various harmful substances including exhaust gases, Volatile Organic Compounds (VOCs), and particulate & dust particles. Automotive component suppliers and sensor manufacturers are experiencing surge in the demand of air quality monitoring sensors specifically designed for automotive application. This changing consumer behavior due to rising safety concerns is expected to push the market growth for cabin air quality sensors in the forecast period.
Competitive landscape includes all the key developments and strategies which took place in the past three years (January 2015 to May 2018), in the global automotive cabin air quality sensor market. The key developments and strategies mapped are as follows:
• Product Launches
• Joint Ventures, Collaborations, and Partnerships
• Mergers and Acquisitions
• Business Expansions, Awards, Recognitions, Certifications and others
BIS Research has conducted an extensive market research and the market intelligence report published by the company aims to provide an in-depth analysis of the key development strategies and market trend dynamics which includes drivers, restraints and opportunities prevailing in the industry. For further queries, please write to us at sales@bisresearch.com or call us at: +1-50-404-8135 and request a sample report.
