The global automotive sensor market is growing at a high rate due to strict regulations mandating the integration of technologies and devices to ensure the safety of the driver and passengers while driving. The use of automotive monitors helps in controlling and monitoring physical processes in the changes in automobiles. 

The increasing demand for automotive sensors is attributed to the changing mindset of the people towards safe driving. Moreover, the high demand for hybrid cars has also fueled the need for automotive sensors, as hybrid cars require more sensors for monitoring, hydrogen leak detection, and motor speed, position, and temperature control.

The global automotive sensor market was valued at US$ 20.27 bn in 2014. Technological advancement and rapid integration of automotive sensors in hybrid cars are likely to enable the global market reach US$ 33.17 bn by the end of 2021. This market is expected to rise at a healthy CAGR of 8.6% between 2015 and 2021.

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The global automotive sensor market is categorized on the basis of type and component. Based on type, the market is segmented into pressure sensor, temperature sendsor, motion sensor, gas sensor, micro-electro-mechanical-systems (MEMS) sensor. Out of these, MEMS sensor had a dominant share as compared to the other segments under this category in 2014. 

In addition, rising application of MEMS sensor in accelerometer, vehicle dynamics control, inertial brake lights, headlight leveling, automatic door locks, and active suspension systems amongst others, are factors responsible for the major contribution of this segment.

On the basis of component, the global market for automotive sensors is segmented into powertrain, chassis, body electronics, and safety and control.