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Sustainability & Innovation Drive the Demand for Automotive Cabin Air Quality Sensors

Press release Description

Albany, New York, December 27, 2018: Swelling air pollution, passenger awareness with respect to comfort and safety have driven the growth of automotive cabin air quality sensors market. On the basis of market share, the automotive cabin air quality sensors market is estimated to register a splendid compound annual growth rate of around 14% during the assessment period 2018-2026.

Paris agreement which pitches for mitigation of greenhouse gas emissions has aimed at keeping the surge in global average temperature to below 2 degree Celsius, this in turn has assisted in the rise in the demand of automotive cabin air quality sensors. Further, stable economic conditions and soaring urbanization have led to the embracement of automobiles, thereby oozing hydrogen and carbon monoxide, which in turn has compelled governing bodies to come up with rigid regulations on the emission of lethal gases.

Manufacturers are developing innovative automotive cabin air quality sensors to augment the footprints in the automotive cabin air quality sensors market. These rundowns are according to the report titled, “Automotive Cabin Air Quality Sensors Market: Changing Consumer Preferences and Government Regulations for Enhancing In-car Air Quality Creating Huge Demand: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028),” which has been lately included in the repository of Market Research Reports Search Engine (MRRSE).

Prominent companies are vying acquisition activities and are engaged in developing innovative automotive cabin air quality sensors. In order to expand the footprints, manufacturers are involved in augmenting retailing network coupled with smooth supply chain. However, the market in terms of value is estimated to be dwindling which could be attributed to commuters opting for public transport, dismal replacement rate and lack of technological awareness.

Automotive Cabin Air Quality Sensors Market: Report Synopsis

The report furnishes an exhaustive analysis on automotive cabin air quality sensors market through qualitative and quantitative analysis. The report delves into drivers, trends, restraints and opportunities having significant impact on the growth of automotive cabin air quality sensors. The report also does the segregation of the market on the basis of vehicle type and region.

The report begins with an executive summary followed by taxonomy and macro-economic factors of the market. The report incorporates Porters’ Five Force Analysis to assess the competitive landscape and give readers a holistic view of the automotive cabin air quality sensors market. The last section of the report assesses the competitive landscape through assessment of market share analysis of prominent companies across the value chain. Some of the prominent companies analyzed in the report are Sensirion AG Switzerland, OMRON Corporation, Sensata Technologies Inc., Figaro Engineering Inc., to name a few.

Automotive Cabin Air Quality Sensors Market: Research Methodology

The report provides an exhaustive research methodology incorporating secondary and primary research. The analysis in the report is on account of secondary research, primary interviews and reviews by expert panel. Further, the report takes PESTLE analysis and value chain analysis into consideration. The assessment of the report has been done with regards to basis point share (BPS) and absolute dollar opportunity. Moreover, market attractive index has been applied to analyze segments and growth prospects of automotive cabin air quality sensor.

The secondary research include trade journals, financial reports, SEC filings, broker reports, company websites, Factiva, statistical database and industry white paper. Besides, it also incorporates national government documents, press releases, news articles and internal & external proprietary databases. The primary research incorporate surveys, e-mail interaction, interviews analysis of seasoned analyst, trade associations and phonic interviews.  To provide the readers with an honest report, expert panel assesses the data collated from different sources. With the view to provide a coherent analysis of the market, data points such as end-use split, sales split and regional split have been included in the report.

Browse Full Global Automotive Cabin Air Quality Sensors Market Report with TOC :

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