Automotive Sensors Market Share Growing Rapidly with Recent Trends and Outlook 2020 – 2027
Research Reports
Jan 20, 2021
Market Size – USD 26.68 Billion in 2019, Market Growth – CAGR of 7.6%, Market Trends – Growing demand for autonomous vehicle, APAC is expected to register the highest market share during the forecast period.
The study relies heavily on both qualitative and quantitative to generate, interpret and analyze raw data about the target market, product or services offered and prominent market players operating in the Automotive Sensors market for the forecast period, 2020 – 2027.
Usage of sensors have been enormous in automotive. Sensors are being used in almost all parts of the vehicle like chassis, engines, clutch, brakes, transmission, control, and safety. Automotive sensors are majorly used in powertrains to monitor speed, position, pressure, gas, and temperature inside the engine. These sensors are required for safe and efficient operations of powertrains. Emission regulations and stringent fuel-efficiency norms formulated by several governments of different countries are propelling the growth of the market in this segment. Meeting analog information related to temperature and pressure of automobiles for use by their digital control units is critical to meet desired fuel-efficiency and emission regulations. These sensors help vehicle’s engines in burning fuel more efficiently by providing precise data to engines to improve the fuel efficiency according to requirements of the vehicles.
Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA
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Key players in the market include Robert Bosch, Continental AG, Delphi Automotive, Denso Corporation, Infineon Technologies, Sensata Technologies, Allegro Microsystems, Analog Devices, Elmos Semiconductor, and CTS Corporation, among others.
Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Temperature
Thermocouple
Thermistor
MEMS
Resistance temperature detector
IC temperature sensor
Others
Pressure
MEMS
Strain gauges
Ceramic pressure sensors
Position
Angular
Linear
Oxygen
NOx
Speed
Inertial
Accelerometers
Gyroscopes
Image
Complementary Metal Oxide Semiconductors (CMOS)
Charge-coupled Devices (CCD)
Radars
Ultrasonic
Proximity
LiDAR
Others
Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Passenger Vehicle
Mid-sized car
Sedan
Minivan
Convertible
Crossover
Hatchback
Others
Light Commercial Vehicle (LCV)
Compact
Utility Vehicle
Supermini
Light Truck
Others
Heavy Commercial Vehicle (HCV)
Mobile Truck
Limo
Recreational Vehicle
Towing Truck
Fire Trucks
Others
Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Electric Vehicles
Battery Electric Vehicle
Fuel Cell Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle
Gasoline Powered
Applications Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Powertrain
Chassis
Exhaust
Safety & Control
Body Electronics
Telematics
ADAS
Others
Helping you establish a strong foothold in the industry
The Automotive Sensors report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the market leaders to create premium positioning strategies as well as attract broadest share.
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The research provides answers to the following key questions:
What is the estimated size of the Automotive Sensors market for the forecast period, 2020 – 2027? What will be the growth rate of the industry during the estimated period?
What are the prominent driving forces likely to impact the progress of the industry across different regions?
Who are the major market players occupying a strong foothold in the Automotive Sensors market? What are the winning strategies adopted by them to stay ahead in the competition?
What are the potential opportunities for the Automotive Sensors market for the forecast period, 2020 – 2027?
What are the key trends expected to shape the development of the industry over the coming years?
What are the key restraints and challenges likely to hinder the growth of the Automotive Sensors market worldwide?
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