New research by Frost & Sullivan shows growth on the horizon for the automotive sensor market, but margins will remain slim. The North American Automotive OE Sensor Markets study forecasts total market revenue to reach $4.15 billion in 2009, nearly double 2002’s $2.18 billion. Frost & Sullivan says that although new sensors tend to reap profits initially, they eventually age and become more of a commodity. As a result, suppliers must find ways to reduce production costs in ...
Premium Content (PAID Subscription Required)
"Automotive Sensor Marketing Growing, Profits Margins Slim" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642