March 23, 2015—According to a new market research report published by MarketsandMarkets, the automotive temperature and humidity sensor market size was worth $1.08 million in 2013 and is expected to reach $2.12 Million.
Temperature and relative humidity sensors are used for power train, body electronics and alternative fuel vehicles (AFV). The report stated that smart sensors can offer many advantages over conventional sensors such as high performance and accuracy coupled with low cost, easy implementation, no requirement for complex calibration, and low power consumption among others.
Apart from the market statistics, the report also includes qualitative analysis such as value chain with detailed process flow diagrams; market dynamics such as drivers, restraints, and opportunities; winning imperatives; and industry trends for the overall smart sensor market.