#Automotive Sensors Market

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Automotive Sensors Market SWOT Analysis, Size, Share, Trends, Growth and Forecast 2027

The Insight Partners is offering qualitative and informative market understanding by adding market research titled “Automotive Sensors Market Size, Trends, and Outlook to 2027”. The report focuses on the factors influencing growth, major players, and regional trends. The research offers a calculative assessment of recent developments adhering to prospects such as regions, key segments, and…

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Automotive Sensors Market to Grow with a CAGR of ~8% During 2022-2031

Research Nester published a report titled “Automotive Sensors Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global automotive sensors market in terms of market segmentation source type, vehicle type, application, sales channel, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global automotive sensors market is anticipated to grow with a CAGR of ~8% during the forecast period, i.e., 2022-2031. The market is segmented by vehicle type into passenger cars, light motor vehicle (LMV), and heavy motor vehicle (HMV). Out of these, the passenger cars segment is anticipated to garner the largest revenue by the end of 2031 backed by the rising demand for automobiles worldwide and the increasing supply of passenger cars. In passenger cars, the demand for automotive sensors is expected to increase exponentially following the implementation of stringent regulations mandating the installation of automotive sensors in vehicles. 

The global automotive sensors market is estimated to garner significant revenue by the end of 2031, up from modest revenue in the year 2021. Rising sales of Electric vehicles and luxury cars, increasing disposable income, government regulations related to safety and emissions reduction, pressure sensors used in vehicles, and consumers' preference for safety features are some of the major factors anticipated to drive the growth of the market during the forecast period. Moreover, the global expansion of the automobile industry is further expected to drive the global automotive sensors market during the forecast period. For instance, the Indian automotive industry is expected to grow to a value of USD 250-280 billion through 2026. 

Geographically, the global automotive sensors market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific is projected to garner the largest revenue by the end of 2031. The increase in industrialization, higher per capita incomes, and increased manufacturing of electric passenger cars and electric vehicles are expected to drive the regional market. Additionally, stringent vehicle safety law and increasing customer demand for self-driving vehicles are also expected to encourage sensor integration in cars manufactured in the region. 

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Globally Increasing Number of Road Accidents to Drive the Market Growth

As per the United States Department of Transportation, nearly 2.28 million people suffered injuries in motor vehicle accidents in 2020, compared to 2.74 million in 2019. Furthermore, 38,824 people lost their lives in road accidents in the USA in 2020. 

A growing number of road accidents around the world has led to the development of autonomous emergency braking systems (AEBS) and other safety sensors to help prevent such incidents. An increase in vehicle crashes casualties, the need for fuel-efficient commercial vehicles and the sensorization of cars are expected to drive global automotive sensors market growth during the forecast period.  

However, safety and security risks associated with autonomous vehicles and lack of aftermarkets for automotive sensors are expected to operate as key restraint to the growth of global automotive sensors market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global automotive sensors market which includes company profiling of Avago Technologies, Delphi Automotive LLP, Casco Automotive Groups, Allegro Micro Systems, Inc, CTS Corporation, Infineon Technologies AG, GE Measurement & Control Solutions, Analog Devices Inc., Denso Corporation and Curtiss-Wright. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive sensors market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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(via Global Automotive Sensors Market Size, Outlook 2024-2030)

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Automotive Active Safety Sensors Market To Witness the Highest Growth Globally in Coming Years

The report begins with an overview of the Automotive Active Safety Sensors Market 2025 Size and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Automotive Active Safety Sensors Market scenario, and feasibility study are the important aspects analyzed in this report.

The Automotive Active Safety Sensors Market is experiencing robust growth driven by the expanding globally. The Automotive Active Safety Sensors Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Automotive Active Safety Sensors Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing. Automotive Active Safety Sensors Market Size, Share & Industry Analysis, By Application Type (Antilock Braking System, Adaptive Cruise Control, Traction Control, Lane Departure Warning, Others), By Sensor Type (Camera Sensor, Radar Sensor, LiDAR sensor, Others), By Vehicle Type (Passenger cars, Commercial Vehicles) Others and Regional Forecast, 2021-2028

Get Sample PDF Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102237

Key Strategies

Key strategies in the Automotive Active Safety Sensors Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of Automotive Active Safety Sensors Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the Automotive Active Safety Sensors Market.

Major Automotive Active Safety Sensors Market Manufacturers covered in the market report include:

The major players that are present in the global automotive active safety sensors market include Continental AG, Aptiv PLC., Robert Bosch GmbH, Valeo, among others.

The rising awareness among the consumers regarding safety technologies is also expected to drive the market over the forecast period.

Trends Analysis

The Automotive Active Safety Sensors Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable Automotive Active Safety Sensors Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly Automotive Active Safety Sensors Market Solutions.

Regions Included in this Automotive Active Safety Sensors Market Report are as follows:

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

Significant Features that are under offering and key highlights of the reports:

- Detailed overview of the Automotive Active Safety Sensors Market.

- Changing the Automotive Active Safety Sensors Market dynamics of the industry.

- In-depth market segmentation by Type, Application, etc.

- Historical, current, and projected Automotive Active Safety Sensors Market size in terms of volume and value.

- Recent industry trends and developments.

- Competitive landscape of the Automotive Active Safety Sensors Market.

- Strategies of key players and product offerings.

- Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2025 to 2032?

► What are the key market dynamics influencing growth in the Global Automotive Active Safety Sensors Market?

► Who are the prominent players in the Global Automotive Active Safety Sensors Market?

► What is the consumer perspective in the Global Automotive Active Safety Sensors Market?

► What are the key demand-side and supply-side trends in the Global Automotive Active Safety Sensors Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global Automotive Active Safety Sensors Market?

Table Of Contents:

1 Market Overview

1.1 Automotive Active Safety Sensors Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook 

1.4.1.2 Canada Market States and Outlook 

1.4.1.3 Mexico Market States and Outlook 

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook 

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook 

1.4.2.5 Italy Market States and Outlook 

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook 

1.4.3.3 Korea Market States and Outlook 

1.4.3.4 India Market States and Outlook 

1.4.3.5 Southeast Asia Market States and Outlook 

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook 

1.4.4.3 Saudi Arabia Market States and Outlook 

1.4.4.4 South Africa Market States and Outlook 

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

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Accelerating Ahead: Emerging Trends in the Electric Vehicle Sensors Market (2023-2033) | BIS Research

The automotive industry is undergoing a transformative shift toward electrification, with electric vehicles (EVs) at the forefront of this evolution. Central to the performance, safety, and efficiency of EVs are advanced sensor technologies. This article delves into the burgeoning electric vehicle sensors market, highlighting key trends, market segmentation, growth projections, and how various industries are leveraging these advancements to gain a competitive edge.

Market Overview: Robust Growth Trajectory

The global electric vehicle sensors market is experiencing significant growth. Valued at $4.55 billion in 2023, it is projected to reach $18.64 billion by 2033, registering a compound annual growth rate (CAGR) of 15.14% over the forecast period of 2023-2033.

This expansion is driven by the increasing adoption of electric vehicles worldwide and the integration of advanced mobility solutions necessitating sophisticated sensor technologies.

Key Trends Shaping the Market

Integration of Advanced Mobility Solutions:

Demand for sensors is rising due to the shift toward autonomous and connected vehicles.

Sensors enable real-time data collection and processing, enhancing vehicle safety and performance.

Growing Consumer Preference for Electric Vehicles (EVs):

Environmental concerns and government policies drive EV adoption.

This increases the need for efficient and reliable sensor systems.

Technological Advancements in Sensor Technology:

Innovations improve sensor accuracy, miniaturization, and integration capabilities.

Supports applications like advanced driver-assistance systems (ADAS) and battery management systems in EVs.

Electric Vehicle Sensors Industry Segmentation

Segmentation 1: by Vehicle Type

Passenger Vehicles

Commercial Vehicles

Segmentation 2: by Power Source

Battery Electric Vehicles (BEVs)

Hybrid Electric Vehicles (HEVs)

Plug-In Hybrid Electric Vehicles (PHEVs)

Segmentation 3: by Sensor Type

Temperature Sensors

Current/Voltage Sensors

Pressure Sensors

Position Sensors

Segmentation 4: by Region

North America

Europe

Asia-Pacific

Rest of the World

Request for a sample research report on the electric vehicle sensors market

Countries on the rise, including India and Malaysia, are also demonstrating considerable strides in the electric vehicle sensors market, backed by robust government initiatives to foster the use of renewable energy. This surge is bolstering the sector's overall growth, indicating a positive trajectory for the adoption of sustainable transportation solutions.

Industry Applications and Competitive Advantages

Various industries are capitalizing on the advancements in electric vehicle sensor technologies to enhance their competitive positioning:

Automotive Manufacturers: Leading automakers are investing in advanced sensor technologies to differentiate their EV offerings, focusing on safety features, autonomous driving capabilities, and energy efficiency.

Sensor Technology Companies: Companies specializing in sensor development are forming strategic partnerships with automotive manufacturers to co-develop customized solutions, ensuring seamless integration and optimized performance.

Aftermarket Service Providers: Businesses in the aftermarket sector are expanding their product lines to include advanced sensors, catering to the maintenance and upgrade needs of the growing electric vehicle fleet.

Recent Developments in the EV Sensors Market

In February 2024, Infineon and Honda forged a strategic partnership for next-generation automotive technologies. MoU positions Infineon as a key semiconductor supplier in Honda's future roadmap.

In August 2023, Allegro MicroSystems, Inc., renowned for its pioneering power and sensing semiconductor technology in motion control and energy-efficient systems, strengthened its market position by securing a definitive agreement to acquire Crocus Technology.

In January 2023, NXP and VinFast teamed up to deliver integrated, future-ready EV solutions, underlining the focus on providing comprehensive technology suites.

Get more insights on the automotive market research reports.

Future Market Outlook

The electric vehicle sensors market is poised for continued growth and innovation. Key factors influencing future developments include:

Technological Advancements: Ongoing research and development in sensor technologies will lead to more accurate, reliable, and cost-effective solutions, further enhancing electric vehicle performance.

Regulatory Support: Government initiatives promoting electric mobility and stringent emission norms will continue to drive the adoption of electric vehicles, thereby increasing the demand for advanced sensors.

Consumer Awareness: Rising awareness about environmental sustainability and the benefits of electric vehicles will encourage more consumers to transition from conventional vehicles, expanding the market base.

Conclusion

The electric vehicle sensors market is on a robust growth trajectory, fueled by technological advancements, changing consumer preferences, and supportive regulatory frameworks. As the automotive industry continues to evolve toward electrification and autonomy, the demand for sophisticated sensor technologies will escalate, presenting lucrative opportunities for stakeholders across the value chain.

Staying abreast of emerging trends and proactively adapting to the dynamic market landscape will be crucial for businesses aiming to maintain a competitive edge in this rapidly expanding sector.

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Explore the global Automotive Pressure Sensor Market and its growth prospects for 2025-2033. Learn about the different types and applications of Automotive Pressure Sensor Market and their impact on the industry, as well as the competitive landscape and key suppliers.

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Automotive Intelligence Battery Sensor Market size was valued USD 5.90 Bn in 2023 and the total revenue is expected to grow at 12% from 2024 to 2030, reaching USD 13.05 Bn.

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United States pressure sensor market size is projected to exhibit a growth rate (CAGR) of 9.60% during 2024-2032. The increasing proliferation of smart devices, wearables, and other consumer electronics, which often involves the integration of pressure sensors, is driving the market.

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Vehicles Getting Smart with Automotive Camera Sensors

It is impossible to find any modern car without sensors. Gone are those days, when all of the things were manual and the security was also limited. With the advancement in technology and it becoming smart, that smartness is also imbibed into the car, with the help of sensors. There are many kinds of sensors present in automotive, but in this blog, we will focus upon the camera sensors, to be specific.

CMOS and CCD image sensors have revolutionized the world of automotive camera sensors. With the obtainability of the newly developed camera sensors, safety features have surely augmented and people get a feel that they are travelling in a smart car.

Automotive camera sensors are integral parts of autonomous driving systems and ADAS. They offer visual info about the surroundings of the car including color, shape, and texture of diverse objects for example susceptible road users, signs, traffic signals, other vehicles, road markings etc.  

Due to the fact that, they are an integral part of the modern vehicles the demand for automotive camera sensors is on the rise, and it will reach a value of USD 5,847.3 million by the end of this decade.

There are quite a few of HDR automotive image sensors present in the new vehicle models. These sensors comprised, split pixel, sequential exposure, and super-exposure pixel architectures.

Cameras are deployed in the vehicle for increasing comfort and safety, including, ADAS applications and for mirror replacement.  

Making the Driver Clearer and More Efficient

Modern automotive cameras would be inadequate has all the imaging tools of capturing and processing what is seen. Empowering the ‘eyes’ of the automobile, Automotive imaging tech is growing the distance in which objects can be observed and speed by which the image is handled. These progressions allow drivers to have a clearer vision of what all is happening on the road, and seeing that they could take better decisions while driving.

Reversing the Car Made Easy

The smart rear view camera sensor provides display, processing of the image. The smart rear view camera helps the driver to see what is coming from the back side. This also helps in the reverse parking assist. Reversing the car is not that easy for many people, and many times experts also find it difficult to take the vehicle reverse.

 Keeping the Vehicles at Bay from the Pedestrians

Roads are not only for vehicles but for the pedestrians as well. All the drivers have to be mindful of the fact that the vehicle does not collide with any pedestrian present on the road. Modern automotive camera sensors have got a human detection algorithm for the safety of the pedestrians and it can also provide the driver with alerts.

 Nowadays people are well aware of their safety in vehicles and so demand advanced safety features in the vehicles, technical advancements happening in the automotive industry, and its movement toward autonomous and smart vehicles, and last but not the least is the adoption of ADAS features in vehicles.

All this is directly proportional to the increasing demand for automotive camera sensors.

Source: P&S Intelligence 

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Automotive Sensors Market is Booming to Rapidly Growing by 2027

For existing and emerging players in the Automotive Sensors market, The Insights Partner’s recently released “Study on Automotive Sensors Market – Industry Developments and Future Scope” provides a thorough road map. This research solution addresses the market’s size, share, and projected revenue, among other factors. Automotive Sensors Market research provides reliable insights on factors of…

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Automotive Sensors Market - Forecast(2024 - 2030)

The automotive sensors market revenue is forecast to grow at a CAGR of over 12% through 2018 to 2023. This growth is attributed to the increasing demand of automotive, stricter emission standards and the increased demand of safety features in the automotive. In 2017, the market was valued at $26.08 billion with Safety Sensors generating over $5 billion in 2017. The Americas region accounted for a major revenue in the global automotive sensors market generating over 4,068.60 in 2017. With many safety standards being issued, European region is poised to witness a CAGR of 15.25% during the forecast period 2018-2023. The growth in global automotive sensors is attributed to the increasing demand of autonomy, stricter emission standards and the increased demand of safety features in the vehicles.

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What is an Automotive Sensor?

Sensors are type of transducers which detect the difference in its environment due to mechanical change and transfer it as electric or optical signal to the concerned component. In automotive, sensors are used to develop a centralized control system for the vehicle. Sensors are installed in vehicles to increase reliability of the vehicle and safety of the passenger. Various sensors such as pressure sensors, temperature sensors, position sensors, speed sensors, oxygen sensors, NOx sensors and many other sensors are used in automotive.

What are the major applications for Automotive Sensors ?

The end users are mainly the vehicle drivers like cars, trucks, buses and two wheelers. Sensors are used in almost all the parts like engines, chassis, brakes, clutch, transmission, safety and control. There are different types of sensors like pressure sensors, speed sensors, temperature sensors, Humidity sensors, safety sensors and others. Pressure sensors have their applications in engine, fuel and safety. There are different types of pressure sensors like air conditioning pressure sensor, fuel pressure sensor, oil pressure sensor and manifold pressure sensor. In the engine pressure sensors are used to to regulate power delivered by the engine whenever the vehicle is accelerated or brakes are applied and also monitor the oil and coolant pressure. For safety purpose the pressure sensors adapt to road terrain and prevent skidding of vehicles. Humidity sensors detects and measures water vapor and also detects fogged up wind screens.