DUBLIN, Mar. 8, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Automotive Rain Sensor Market - Forecasts and Trends (2016 - 2021)" report to their offering.

The global market for automotive rain sensors is poised to grow at a CAGR of 6.23% till 2020.

The main reason for the failure of earlier rain sensor systems was the fact that these systems tried to eliminate the wipers by either ultrasonic vibrations to remove the water drops or by application of special coatings. However, there existed a technology deficit to accurately detect rain and automatically adjust the wiper system. Now, with the advent of latest technologies such as optical sensors to detect the moisture on windshield and using total internal reflection principal, rain-sensing systems have proved their reliability compared to their ancestors. Growing autonomy in the vehicles and adoption of advanced sensing technologies for comfortable ride experience are some of the major propellants for the growth of automotive rain sensing systems. Consumer demand has played a key role as well, with growing preferences for technological capable automobiles that can sense and act accordingly, reducing driver burden.

Higher cost for these sensors was a major restraint, confining them to luxury vehicle segment alone. However, advancements in production capabilities significantly brought down the cost per unit price of rain sensors, opening up new opportunities for the market growth. This decline in the price is now allowing OEMs to expand the use of these sensors across all the vehicle segments.

Companies Mentioned

• Denso Corporation
• Hamamatsu Photonics K.K
• Hella KGaA Hueck & Co
• Melexis Microelectronic Systems
• Mitsubishi Motors Corporation
• Robert Bosch GmbH
• Valeo S.A.
• Vishay Electronics
• Xenso
• ZF TRW
  

Key Topics Covered:

1. Global Automotive Rain Sensors Market (2015-2020)
2. Table Of Contents
3. Introduction
4. Executive Summary
5. Market Overview And Technology Trends
6. Market Dynamics
7. Global Automotive Rain Sensor Market, By Vehicle Type
8. Global Automotive Rain Sensor Market, By Geography
9. Competitive Landscape
10. Key Vendor Analysis
11. Future Outlook Of The Market

For more information about this report visit http://www.researchandmarkets.com/research/ql85p9/global_automotive

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SOURCE Research and Markets