Frbiz Report: China's Vehicle Sensor Demand Will Increase in 2010

BEIJING, Sept. 29 /PRNewswire-Asia/ -- Frbiz.com one of China's leading B2B search platforms, reports 2010 China's vehicle sensor demand will increase.

Automobile vehicle sensors are computer system input devices that control all kinds of information, such as speed, temperature, engine running condition (converted into telecommunications input to a computer), all so that the engine is in the best working state.

Modern automotive technology development uses more and more components for electronic control. Sensor functions include measurement of temperature, pressure, flow, location, gas concentration, speed, brightness, dry humidity, distance and others. Therefore, the sensor in the car body plays a vital role.

Along with the rapid development of the auto industry, sensor applications in the bus industry have also expanded. Demand for safety, environmental protection, comfort, communication and entertainment has also increased. It is expected that by 2012, the global automotive sensor business will go from 800 million U.S. dollar in 2007 to 13.5 million U.S. dollars, a compound annual growth rate of 10.8%.

The Chinese vehicle sensor market has a good development pace. It is expected that by 2010, market sales will reached 13.2 billion U.S. dollars, a year-on-year growth rate of 35.2%.

The Chinese automobile electronic market for cars has vigorously developed strong growth momentum, but still has competition from multinational companies; accelerating automobile electronic localization is the primary task for the car electronics industry.

With the development of electronic technology and automotive electronic control systems applied widely, the new structure design and the new principles of miniaturization, multi-function, integration and intelligence will gradually replace traditional sensor technology and become the mainstream of sensors.

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