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Monday, 16 September 2013

Sensors Market [(Temperature, Pressure, Speed, Level/Position, Oxygen, Nox) For Automotive Applications (Power Train, Body Electronics, Vehicle Security, Safety and Controls, Alternative Fuel Vehicles and Telematics)] 2012 – 2022:Information Technology & Telecommunication Market Research Reports

Information Technology & Telecommunication Market Research Reports
 
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Sensors Market [(Temperature, Pressure, Speed, Level/Position, Oxygen, Nox) For Automotive Applications (Power Train, Body Electronics, Vehicle Security, Safety and Controls, Alternative Fuel Vehicles and Telematics)] 2012 – 2022
Sep 17th 2013, 00:00, by rnrmahesh

The world has suffered from global recession from 2008-2009. Automotive industry was also hit on a massive scale dropping total automotive production from 68 million units of light vehicle production to 58 million. Recession has changed the world automotive market upside down. Sales in developed markets such as the US, Western Europe and Japan fell nearly by 9%, 2% and 4% per year from 2004 to2009, while emerging markets like Brazil, China, and India grew by almost 14%, 26% and 12% percent respectively per year during the same period. This has made emerging markets a better sensors market for automotive …

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