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GROWTH POTENTIAL SHOWN IN AUTO SENSORS AFTERMARKET.
Publication:
Industrial Environment
Publication Date: 01-JUN-09 |
Format: Online
Delivery: Immediate Online Access |
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Article Excerpt
Despite the lackluster prospects facing the automotive industry, the light vehicle sensor market promises growth for proactive participants willing to perceive and exploit the potential offered in the right areas. The light vehicle sensor market is poised for growth, driven by high consumer demand and federal legislation supporting fuel-efficient vehicles.
New analysis from Frost & Sullivan (http://www.automotive.frost.com/), North American Automotive Sensors Aftermarket, finds that consumer demand and future legislation supporting fuel-efficient vehicles, coupled with technology shifts among sensor technologies in several high-volume markets, lays the potential framework for significant revenue expansion.
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