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Global Automotive Rain Sensor Market Size, Share, Development, Growth and Demand in Upcoming Years
Automotive Rain Sensor Market
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A rain sensor is used to detect the amount of rain and informs the controller about the same. The water content on the windshield is detected by the rain level sensor and the speed of the wiper is controlled. The microcontroller is responsible for controlling the speed of the wiper electronically. Among the various vehicle types, the passenger car segment is one of the largest revenue contributors to the global automotive rain sensor market.
The light commercial vehicle (LCV) segment is expected to witness growth opportunities in automotive applications, due to the increasing vehicle production in regions such as North America. The North American Free Trade Agreement (NAFTA) has created large opportunities for the automobile industry in Mexico and manufacturers are exporting products in Mexico, which is giving a major boost to North America. The mergers between companies and the transfer of production centers to emerging economies have amplified the market potential in the country.
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Once the vehicles are integrated with advanced electrification, the overall cost of the vehicle gets increased, thus making it difficult for the middle class people to purchase them. This is a major hindrance in the growth of the global automotive rain sensor market. The high cost of the aftermarket automotive rain sensor equipment and provision of rain sensor in expensive cars, which are not affordable by the middle class population, is another factor restraining the growth of the market. Robert Bosch GmbH, DENSO CORPORATION, BMW AG, HELLA KGaA Hueck & Co., General Motors are some of the major original equipment manufacturers (OEMs) and suppliers of the global automotive rain sensor market.
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