New market study, "Global Automotive Optoelectronic Market 2015-2019", has been published

From: Fast Market Research, Inc.
Published: Wed Oct 21 2015

There has been a paradigm shift in technologies that has given rise to the extensive development of electronic components in automobiles. The dependence of vehicles on electronic components has increased rapidly over the past years, resulting in an increased use of electronic components in vehicles. Electronic components are used in powertrain systems to improve their functions and efficiency. The components assist powertrain systems to exchange messages, sense signals, and control signals for their operations. There are different types of sensors that are used in powertrain systems such as speed sensor, throttle position sensor, turbine speed sensor, and transmission fluid temperature sensor. Optoelectronics are increasingly being used in vehicles to automate the vehicle functions such as head lights and brake lights.

Full Report Details at

Technavio's analysts forecast the global automotive optoelectronics market to grow at a CAGR of 17.36% over the period 2014-2019.

Covered in this report
Technavio's report, Global Automotive Optoelectronics Market 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key regions

* Americas

Key vendors

* Avago Technologies
* Osram GmbH
* Philips
* Sharp
* Texas Instruments

Other prominent vendors

* Autoliv
* Foryard Optoelectronics
* FOSP Optoelectronics
* OSI Optoelectronics
* Vishay

Market driver

* Increased adoption of automotive safety systems
* For a full, detailed list, view our report

Market challenge

* High replacement costs
* For a full, detailed list, view our report

Market trend

* Increasing sales of hybrid vehicles
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2019 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
* What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: Avago, Osram, Philips, Sharp, Texas Instruments, Autoliv, Foryard Optoelectronics, FOSP Optoelectronics, OSI Optoelectronics, Vishay.

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