Automotive Yaw Rate Market 2021: Size, Global Industry Trends, Top Key Companies, Growth and Forecast Research Report 2028

Posted on Sep 24 2021 5:00 AM

"Automotive Yaw Rate Market 2021 Global Market Size, Share, Supply, Demands, Segments, Revenue, Size Estimation, Opportunities and 2028 Forecast"

The global automotive yaw rate market size is expected to gain momentum backed by the increasing road accidents and the stringent government regulations to reduce the road fatalities that is likely to drive the adoption of advanced automotive yaw rate sensors globally. This information is published by Fortune Business Insights in its upcoming report, titled, “Automotive Yaw Rate Market Size, Share & Industry Analysis, By Product Type (Piezoelectric Type, Micromechanical (MEMS) Type), By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecast 2020-2027.” The automotive yaw rate sensor is a type of gyroscopic device that is extensively used to identify the angular velocity of the vehicle across its vertical axis. The main purpose of this sensor is to maintain lateral stability of the automotive, an important parameter for the safety of the vehicle occupants. 

Request a Sample Copy of the Research Report:

List of the Companies Profiled in the Global Market for Automotive Yaw Rate:

  • Diversified Technical Systems, Inc.
  • Texys International
  • Epson Europe Electronics GmbH
  • Xsens Technologies B.V
  • InnaLabs Ltd
  • Sparton Navigation and Exploration
  • Electrovac Hacht & Huber GmbH
  • Texys International
  • ETLG Inertial Aerosystems
  • Kuebler Inc.
  • LORD MicroStrain Sensing Systems
  • Among others

Increasing Incidence of Road Accidents to Propel Growth

According to the World Health Organization (WHO), around 1.35 million people lose their lives in road accidents across the globe annually. The increasing incidence of road accidents is propelling the manufacturers to develop advanced safety systems such as automotive yaw rate sensors, airbags, and others. Moreover, the growing government focus to introduce road safety measures is likely to bode well for the global automotive yaw rate market growth during the forecast period. For instance, the 2030 Agenda for Sustainable Development aimed to halve the number of deaths and injuries suffered during road mishaps by 2020.

Request Customization of this [email protected]

Stringent Government Regulations in North America to Augment Growth

Among all the regions, North America is expected to hold the highest position in the global automotive yaw rate market during the forecast period. This is attributable to stringent government regulations regarding the passengers' safety that is propelling the manufacturers to develop safety features such as automotive yaw rate in the region.

On the other hand, Europe is expected to hold the second position in the market backed by significant investments in developing automotive technology by the companies in the region between 2020 and 2027. 

Product Innovation by Prominent Companies to Strengthen Their Market Positions

The global market for automotive yaw rate is consolidated by the presence of major companies that are striving to maintain their presence by innovating novel sensor systems. Moreover, other key players are adopting organic and inorganic strategies that will favor the market growth during the forecast period.

Industry Development:

  • January 2020 – BMW in partnership with Bosch announced the development of Active Cruise Control (ACC) system. This autonomous system regulates the bike speed and consists of radars that detect the yaw rate, along with the speed of the vehicle to determine the path.

Have Any Query? Ask Our Experts:

More Trending Topics from Fortune Business Insights:

Automotive Alternator and Starter Motor Market 2021 Global Market Size | Share, Supply, Demands, Segments, Revenue, Size Estimation, Opportunities and 2028 Forecast

Alternative Fuel Vehicles Market 2021 Global Industry Size, Industry Outlook, Trends, Competitive Analysis and Forecast Report 2028

Automotive Carbon Canister Market 2021| Industry Overview, Trends, Growth Factor and Global Forecast To 2028

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.


US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]