This domain is a play on "Sense" and "AV", which could signify Aviation, Audio-Visual, or Anti-Virus, among others.
The word "sensav" contains only six letters and just two syllables. Two-syllable names are exceptionally rare and highly valuable. Examples of two popular syllable names include Honda, Twitter and Buffer.
This domain was first registered in September 2016. Older domains have an advantage when ranking in search engines.