The accelerator pedal sensor is known as the sensor which transmits the position of the accelerator pedal to the engine control unit. Based on this type of information, the load requested by the driver can be implemented immediately. Accelerator pedal sensor comprises a stator which basically includes an excitation coil, receiver coils, and an electronic evaluation unit and a rotor which is formed of one or more closed conductive loops with a certain geometry. When it comes to an automotive application, a non-contact sensor based on an inductive principle is been increasingly usedThis growth is primarily driven by Growing automotive industry, especially in the developing regions.
Globally, a noticeable market trend is evident Changing focus of the automotive industry towards technological trends including electrification of mechanical components and autonomous driving. Major Vendors, such as Continental (Germany), Denso (Japan), Alps Electric (Japan), Hyundai Kefico (Korea), Mikuni (Japan), TT Electronics (UK), Motonic (Korea), Nikki (Japan), Kimura (Japan), Osaka Vacuum Chemical (Japan) and Transtron (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
Technology company Continental announced the successful completion of the acquisition of Kathrein Automotive GmbH after antitrust authorities officially cleared the transaction. Incorporating the automotive division of Rosenheim-based antenna and satellite technology manufacturer Kathrein is a move that will give Continental an important key segment to add to its wealth of expertise
The technology company Continental has launched a new universal service tool for tire pressure monitoring systems (TPMS). With the VDO TPMS Go device, workshops cannot only program all common universal sensors for cars but also read out nearly every TPMS sensor on the market
- Growing automotive industry, especially in the developing regions
- Changing focus of the automotive industry towards technological trends including electrification of mechanical components and autonomous driving
- Various emission norms and stringent regulations led by the government
Growing demand for automation coupled with continuous developments in the electronic sensor applications in automobiles
The high cost associated with the raw materials and changing technology
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Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
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Against this Challenging Backdrop, Accelerator Pedal Sensor Study Sheds Light on
The Accelerator Pedal Sensor Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Accelerator Pedal Sensor industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Accelerator Pedal Sensor industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.