MarketResearchNest.com adds “Global Automotive Fuel Level Sensor Market 2017-2021” new report to
its research database. The report spread across 78 pages with table and figures
in it.
Research
analysts forecast the global automotive fuel level sensor market to grow
at a CAGR of 1.66% during the period 2017-2021.
"About Automotive Fuel Level Sensor
Fuel level sensors are used to detect the level of fuel
in fuel tanks. Various types of fuel level sensors are available in the market.
Based on their material used, sensors can be classified as capacitive,
resistive, and ultrasonic sensors. With the growing concern of fuel theft and
to monitor fuel consumption patterns, smart sensors are being used. Capacitive
sensors are mostly used because of the absence of moving parts and their long
lifecycle.
Covered in this report
The report covers the present scenario and the growth
prospects of the global automotive fuel level sensor market for 2017-2021. The
report presents a detailed picture of the market by way of study, synthesis,
and summation of data from multiple sources.
Browse full table of contents and
data tables at https://www.marketresearchnest.com/global-automotive-fuel-level-sensor-market-2017-2021.html
The market is divided into the following segments based
on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Fuel Level Sensor
Market 2017-2021, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
Technavio recognizes the following companies as the key
players in the global automotive fuel level sensor market: Bosch, Delphi,
Continental, Omnicomm, MSIL, and Sensata Technologies.
Other Prominent Vendors in the market are: elobau, OMEGA,
FPI Sensors, Gill Sensors & Engine Controls, and Pricol.
Commenting on the report, an analyst from Research team
said: “One trend in the market is growing acceptance of the sensor technology.
The demand for sensors has been evolving since the last few years. Within a
short period of time, sensors have received widespread adoption in the
automotive industry. A smart sensor consists of integrated circuits (IC), which
processes the received data as input.”
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According to the report, one driver in the market is
increasing demand for telematics to monitor fuel. The increase of fuel theft
and the need for real-time fuel monitoring have led to the development of fuel
level sensors equipped with GPS tracking system. The GPS-enabled fuel level
sensor is the latest offering in the global automotive fuel level sensor market
and is a factor that is driving the market. Using these GPS-enabled fuel level
sensors, a person can track his or her vehicle's fuel level from any place at
any point of time. The GPS-enabled sensor is connected to a tracking device,
which transmits signals to satellites, and those satellites send responses to
the vehicle owner's mobile phone or a computer.
Further, the report states that one challenge in the
market is compromise in raw material quality leads to sensor breakdown. OEMs
source raw materials from different vendors to produce sensors. Fuel level
sensors are subjected to varied drastic conditions like high or low
temperatures, extreme vibrations, and different type of fuels. No single raw
material possesses enough durability to survive in all kind of situations. This
often leads to corrosion or breakage of resistors, which cause sensor failure.
Manufacturers need to be diligent while procuring materials from suppliers.
However, during bargaining process the manufacturers have to compromise on
quality of material to maintain the profit margin and this results to poor
quality of sensor and sensor breakdown.
The study was conducted using an objective combination of
primary and secondary information including inputs from key participants in the
industry. The report contains a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key vendors.
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Buying at https://www.marketresearchnest.com/enquirybuy.php?reportid=279586
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