Global Dead Reckoning Sensor System Market 2018-2022

The infographic below contains key findings from our analysis of the dead reckoning sensor market

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Overview of the global dead reckoning sensor system market

According to our market research analysts, the safety features enabled by MEMS in automobiles will be one of the major factors that will have a positive impact on the global dead reckoning sensor system market during the forecast period. The use of microelectromechanical systems (MEMS) to add more features to automobiles have been on the rise by automobile manufacturers. Different types of MEMS such as accelerometers, gyroscopes, microphones, RF MEMS, and pressure sensors are used in vehicles. MEMS sensors are the key components for vehicle safety. Also, the governments of several countries mandating the utilization of safety sensors to lessen collisions is a factor driving the demand for MEMS sensors that in turn, will propel the market’s growth. Our market research analysts have predicted that this market will register a revenue of close to USD 10 billion by 2022.

The introduction of autonomous driving is one of the key factors that will contribute to the market’s growth in the forthcoming years. Major car groups are looking at launching their own autonomous driving technologies that have attracted both premium and volume automotive manufacturers, such as Tesla, Audi, Mercedes-Benz, Ford Motor, and BMW. Autonomous vehicles will generate huge business opportunities and numerous automotive manufacturers are investing heavily in developing the technology. For instance, Mercedes has introduced the S-Class Sedan with the autonomous technology that can follow traffic and maintain the lane with its automatic brake system.

Companies covered

Characterized by the presence of several players, the dead reckoning sensor system market appears to be fragmented. This industry research report offers information about the competitive environment among the players in this marketspace and also provides an analysis of the companies and their products. Additionally, the report also offers information about the key areas the players currently focus on and the strategies they follow to sustain the competition.

Some of the companies covered in this report are:

• u-blox
• FURUNO ELECTRIC
• Trimble

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Segmentation by end-user and analysis of the dead reckoning sensor system market

• Passenger vehicles
• Commercial vehicles

The passenger vehicles segment accounted for the major share of the dead reckoning sensor system market during 2017. Owing to the growing demand for passenger cars, the segment will continue to be the highest contributor to this market during the forecast period as well.

Geographical segmentation and analysis of the dead reckoning sensor system market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market throughout the forecast period. The growth in automotive manufacturing will be one of the primary factors driving the market’s growth in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global dead reckoning sensor system market?
• What are the key market trends impacting the growth of the global dead reckoning sensor system market?
• What are the challenges to market growth?
• Who are the key vendors in the global dead reckoning sensor system market?
• What are the market opportunities and threats faced by the vendors in the global dead reckoning sensor system market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global dead reckoning sensor system market?

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