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AUTOMOTIVE SENSOR MARKETS TO INCREASE BY 250 PERCENT BY 1998, DRIVEN BY LEGISLATION

 AUTOMOTIVE SENSOR MARKETS TO INCREASE BY 250 PERCENT BY 1998,
 DRIVEN BY LEGISLATION
 MOUNTAIN VIEW, Calif., Nov. 4 /PRNewswire/ -- The market for automotive sensors is being driven by both environmental and safety legislation. Between 1988 and 1998, revenues from automotive sensors are projected to increase 2.5 times, from a little more than $1 billion in 1988 to almost $2.6 billion in 1998, according to a new report by Market Intelligence. This is a compound annual growth rate of 13.2 percent.
 The most recent federal action, the Intermodal Surface Transportation Act of 1991 (ISTEA), passed in December of that year, includes several portions related to vehicle safety and intelligent vehicle-highway systems (IVHS). ISTEA mandates the application of airbags on all vehicles by the 1999 model year. This is a major departure from the previous generic requirement of "passive restraints," which allowed for motorized seat belts.
 Also, ISTEA directs the Department of Transportation (DOT) to investigate standards for antilock brake systems (ABSs), and sets a deadline for a demonstration IVHS highway. These findings are in a new report, "North American Automotive Sensor Markets," just published by Market Intelligence.
 One of the areas of greatest activity is within the air cushion restraint systems (ACRS) accelerometer segment. Both the new single- point and currently used multi-point crash sensing technologies have strong supporters in the industry. While single-point uses silicon micromachined accelerometers and is less expensive, its ability to work on all vehicles has been disputed. Major companies are placing significant bets on the new technology, silicon micromachined accelerometers.
 Consumer interest in a particular feature can impact the priority given to the development of that system by the vehicle manufacturer. There has been a strong impact on the sensor market by consumer acceptance of antilock brakes and airbags, and the lack of interest in advanced suspension systems. In addition, technological differences between manufacturers can lead to different sensor solutions to similar problems.
 Of the six major application segments of the automotive sensor market, only three will continue to grow through 1998. Braking/traction, ACRS and suspension systems are the three applications that will continue to grow, while mature applications, engine management and climate control applications will decline. In 1998, the largest application will continue to be engine management with 57.4 percent of the market, followed by ACRS with 15.5 percent, braking/traction with 8.9 percent, mature applications with 6.6 percent, suspension systems with 6.3 percent and climate control with 5.2 percent.
 Market Intelligence is an international high-technology research firm specializing in sensors and industrial technology. All Market Intelligence reports are based on extensive interviews with marketing and technical experts from selected companies in each market segment. Primary research is validated by thorough analysis of available secondary research. Since 1982, Market Intelligence has emerged as one of the leading publishers of high-technology market research reports.
 Code: 822-40 Date: October 1992 Price: $1895
 MARKET INTELLIGENCE
 Total Automotive Sensor Market:
 Unit Shipment and Revenue Forecasts (North America)
 1988-1998
 Year Units Revenues Revenue
 (Million) ($ Million) Growth Rate
 (percent)
 1988 167.1 1,045.0 ---
 1989 170.3 1,082.6 3.6
 1990 164.3 1,093.6 1.0
 1991 161.2 1,093.3 (0.0)
 1992 215.4 1,418.6 29.8
 1993 232.1 1,540.9 8.6
 1994 261.9 1,821.6 18.2
 1995 283.1 2,057.9 13.0
 1996 307.4 2,339.3 13.7
 1997 326.8 2,489.7 6.4
 1998 340.9 2,598.6 4.4
 Compound Annual Growth Rate (1991-1998): 13.2 percent
 NOTE: All figures are rounded. Source: Market Intelligence.
 -0- 11/4/92
 /CONTACT: Amy Arnell of Market Intelligence, 415-961-9000, ext. 239, or 415-961-5042 (fax)/ CO: Market Intelligence ST: California IN: CPR AUT SU:


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