Press release
Automotive Sensors Market was valued at USD 22.67 billion in 2016 and is projected to reach USD 39.79 billion by 2025, growing at a CAGR of 6.45% from 2017 to 2025
Global Automotive Sensors Market Research ReportsAutomotive Sensors Market was valued at USD 22.67 billion in 2016 and is projected to reach USD 39.79 billion by 2025, growing at a CAGR of 6.45% from 2017 to 2025
Sensors are used in detecting, measuring or recording physical phenomena and subsequently responding by transmitting information, initiating changes or affecting system control. Automotive sensors is an integrated part of the vehicle system and is designed to detect, transmit, analyze and display vehicle performance information within the internal and external environment of the vehicle.
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Sensors have widespread use in all type of automobiles right from two-wheelers to heavy duty lorries. Some of the most common automotive application of sensors is found in wipers, lighting, dashboard, rain sensors, sunroof, parking, seat, climate, tilt alarm, tailgate release, tailgate close, trailer management, rear door, Anti-theft alarm, immobilizer, and radio. With increasing popularities of vehicle automation and demand of concept cars around the globe, most of the research and development (R&D) attention of automotive industries is towards the development of advanced automotive sensors such as MEMS (Micro-Electro-Mechanical Systems) sensors, wireless sensors, and radar sensors. According to BMW (Germany based automobile company), 90% of the future car innovation will be focused on the advanced and efficient use of electronics in automotive., It is also evident in most recent development of automotive sensors technology such as “pre-emptive technology” and “Conti APIA” (integrated stability, collision avoidance, occupant protection). Sensors in an automotive application such as emission control, battery control and occupant detection is witnessing escalating growth in recent years.
Based on the application automotive sensors can be broadly categorized under powertrain vehicle security system, body electronics, safety and control, telematics and others. On the basis of technology, the automotive sensors are broadly categorized as temperature sensors, pressure sensors, level/position sensors, NOX sensor, speed sensors, MEMS sensors, magnetic sensors, oxygen sensor, inertial sensors and others.
A sensor is a device, module, or subsystem whose purpose is to detect events or changes in its environment and send the information to other electronics, frequently a computer processor. A sensor is always used with other electronics, whether as simple as a light or as complex as a computer.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing Electrification in the Automotive Industry
1.2 Stringent Government Regulations
1.3 Growing Motor Vehicle Production Worldwide
1.4 Growing Consumer Demand for Safety and Comfort
2. Market Restraints
2.1 Competition in terms of Pricing
2.2 Unavailability of Aftermarket
2.3 Lack of Uniform Fabrication Process for Mems
Market Segmentation:
1. Global Automotive Sensors Market, by Vehicle Type:
1.1 Passenger Car
1.2 LCV
1.3 HCV
2. Global Automotive Sensors Market, by Application:
2.1 Powertrain
2.2 Chassis
2.3 Exhaust
2.4 Safety and Control
2.5 Body Electronics
2.6 Telematics
2.7 Others
3. Global Automotive Sensors Market, by Sensor Type:
3.1 Temperature Sensors
3.2 Pressure Sensors
3.3 Position Sensors
3.4 Oxygen Sensors
3.5 Nox Sensors
3.6 Speed Sensors
3.7 Inertial Sensors
3.7.1 Accelerometers
3.7.2 Gyroscopes
3.8 Image Sensors
3.8.1 CMOS
3.8.2 CCD
3.8.3 Difference Between CCD and CMOS Image Sensors
3.8.4 Top 10 Companies in the Automotive Image Sensors
4. Global Automotive Sensors Market, by Region:
4.1 North America U.S., Canada, Mexico
4.2 Europe Germany, UK, France, Rest of Europe
4.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
4.4 Latin America Brazil, Argentina, Rest of Latin America
4.5 Middle East & Africa
Competitive Landscape:
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The major players in the market are as follows:
1. Robert Bosch GmbH
2. Continental AG
3. Delphi Automotive PLC
4. Denso Corporation
5. Infineon Technologies AG
6. Sensata Technologies, Inc.
7. Allegro Microsystems, LLC
8. Analog Devices, Inc.
9. ELMOS Semiconductor AG
10. CTS Corporation
11. AutolivInc
12. NXP Semiconductors N.V.
13. TE Connectivity Ltd.
14. St Microelectronics N.V.
15. ZF Friedrichshafen AG
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Automotive Sensors Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Planet Market Reports and other aspects of the research study, kindly get in touch with our sales team
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