openPR Logo
Press release

Automotive Sensors Market

06-17-2021 06:12 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Automotive Sensors Market Research Report

Automotive Sensors Market Research Report

The surging integration of advanced driver assistance systems (ADASs) in vehicles is an important factor propelling the demand for automotive sensors across the world. Furthermore, the increasing popularity of autonomous vehicles is significantly boosting the global demand for these sensors. These sensors are incorporated in autonomous vehicles for numerous purposes such as eye tracking, speech recognition, virtual assistance, driver monitoring, gesture recognition, and in natural language interface. Additionally, “the development of ADASs equipped with radar-based detection devices, sensor fusion engine control units (ECUs), and camera-based machine vision systems is tremendously boosting the requirement of automotive sensors”.

Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/automotive-sensors-market/report-sample

Therefore, the rising enactment of such laws will lead to huge revenue growth in “the global automotive sensors market in the coming years, from $25,723.8 million to $58,215.3 million from 2019 to 2030”. The market is also predicted to advance at a CAGR of 7.4% from 2020 to 2030, according to the estimates of the market research company P&S Intelligence. These sensors are adopted in both commercial and passenger vehicles, of which, the passenger cars generated higher demand for these sensors in the past. This trend is likely to continue in the future years as well.

Geographically, “the automotive sensors market registered the highest growth in the Asia-Pacific (APAC) region in the last few years”. Furthermore, the market will demonstrate the fastest growth in the APAC region in the future years. This is attributed to the high automobile manufacturing capacity of China and the rapid development of advanced autonomous and electric vehicles in the country. The increasing production of such advanced vehicles is creating huge demand for automotive sensors in the country.

Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=automotive-sensors-market

Hence, it can be said with surety that the sales of automotive sensors will surge all over the world in the upcoming years, mainly because of the growing popularity of autonomous and electric vehicles and the rising requirement of ADASs and other systems in vehicles across the world.

The research offers market size of the global automotive sensors market for the period 2015–2030.
Market Segmentation by Type
• Pressure Sensor
• Temperature Sensor
• Position Sensor
• Oxygen Sensor
• Motion Sensor
• Optical Sensor
• Torque Sensor
• Gas Sensor
• Level Sensor
• Others
Market Segmentation by Application
• Advanced Driver-Assistance System (ADAS)
o Radar
o Light detection and ranging (LiDAR)
o Camera
o Ultrasonic
• Powertrain
• Chassis
• Body
Market Segmentation by Technology
• Micro-Electromechanical System (MEMS)
• Non-MEMS
Market Segmentation by Vehicle Type
• Passenger Car
o Conventional fuel car
o Alternative fuel car
• Commercial Vehicle
o Light commercial vehicle (LCV)
o Medium and heavy commercial vehicle (M&HCV)
Market Segmentation by End Use
• Original Equipment Manufacturer (OEM)
• Aftermarket
Market Segmentation by Region
• North America Automotive Sensors Market
o By type
o By application
o By technology
o By vehicle type
o By end use
o By country – U.S. and Canada
• Europe Automotive Sensors Market
o By type
o By application
o By technology
o By vehicle type
o By end use
o By country – Germany, U.K., France, Italy, Spain, and Rest of Europe
• Asia-Pacific (APAC) Automotive Sensors Market
o By type
o By application
o By technology
o By vehicle type
o By end use
o By country – China, Japan, India, and Rest of APAC
• Latin America, Middle East, and Africa (LAMEA) Automotive Sensors Market
o By type
o By application
o By technology
o By vehicle type
o By end use
o By country – Brazil, Mexico, and Rest of LAMEA

P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow us on LinkedIn: https://www.linkedin.com/company/pnsintelligence/

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Sensors Market here

News-ID: 2307218 • Views: 571

More Releases from P&S Intelligence

Expansion of Commercial Sector in Kuwait Fuels Demand for Facility Management
Facility management usually involves tools and services that provide support to functionality, safety, and sustainability of grounds, infrastructure, buildings, and real estate. Facilities management involves: • Lease management, with accounting and lease administration • Capital project planning and management • Energy management • Employee and Occupant Experience • Real Estate Management • Emergency Management and Business Continuity People who do their best work and stay engaged in their environments are required to be in safe, efficient, and welcoming buildings. Facilities management requires
Anti-Reflective Coatings Industry Analysis, Leading Players, Growth, Development …
An optical coating known as an AR coating is applied to a surface to lessen the quantity of light reflected off the surface. It is frequently employed in optical applications when the coating is placed in front of the air-glass barrier, lens, or mirror contact. Light loss due to reflection is kept to a minimum using AR coatings, which optimize the quantity of light that passes or penetrates the surface. The coatings
Rising Demand for Immersion Cooling Due to Massive Amounts of Data Generations
In 2021, the immersion cooling industry contributes $258.6 million, and it is predicted to generate $1,855.1 million in 2030, advancing at a rate of 24.5% in the coming future. The rising penetration of the data centers, rapid usage of cloud services, and large amounts of data generation are the major factors for industry propulsion. Moreover, the rising internet penetration, led by an increasing number of smartphone users and rising social
Cold Chain Market Will Reach $925.6 Billion by 2030
The global cold chain market was valued at $237.8 billion in 2021, and it is set to reach $925.6 billion by 2030, growing at a CAGR of 16.3% between 2021 and 2030. The growth of this industry can be credited to the growing requirement for convenience food with a longer shelf life, snowballing awareness about the food wastage, and rising number of planned retail stores in the developing countries. Furthermore, the

All 5 Releases


More Releases for Sensor

Wheel Speed Sensor Market Growing Up By Sensor Type: Passive Sensor, Active Sens …
Acumen Research and Consulting has announced the addition of the "Wheel Speed Sensor Market” report to their offering. The Wheel Speed Sensor Market Report 2018 is an in depth study analyzing the current state of the Wheel Speed Sensor Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wheel Speed Sensor Market provides analysis of China market covering
Smart Sensor Market - Transportation System Infrastructure & Aerospace Industrie …
Smart sensor market is expected to reach $15,840 million in 2023 from $4,805 million in 2016, growing at a CAGR of 18.4% from 2017 to 2023. Smart sensor have become an integral part of the aerospace and transportation industry. The robust growth in automobile sector, inclination of society towards IoT, development of smart cities, and surge in security threats are some of the major factors that drive the demand for
Global Body Sensor Market - By Type (EEG Sensor, Visual Sensor, Respiration Sens …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Body Sensor Market - Assessment Covering Growth Factors and Upcoming Trends by 2022 End”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2022. The report also targets important facets such as market drivers, challenges, latest trends,
Smart Wearable Fitness Devices Sensors Market to 2025 Temperature Sensor, Pressu …
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Smart Wearable Fitness Devices Sensors by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. This research report is equipped with the information categorizing Smart Wearable Fitness Devices
Sensor Market to Reach $ 190.95 Billion By 2022: Optical sensor, Image Sensor, T …
Industry Trend Analysis: Sensor Market is expected to experience significant growth in coming years between 2014 and 2022. The market is expected to reach $190.95 billion by 2022 at a growing CAGR of 9.14%. Increasing application in automotive application, collision prevention, healthcare monitoring and oil platforms will enhance the growth of sensor market in the upcoming years. In addition, growing application of sensors in military and surveillance, transportation and logistics will
Motion Sensor Market Revenue Forecast 2015 - 2023 Microwave Sensor, Infrared Mot …
Research report on "Motion Sensor Market (By Types - MEMS Magnetometer, MEMS Accelerometer, MEMS Gyroscope and Sensor Combos By Technology Types - Microwave Sensor, Infrared Motion Sensor, Tomographic Sensor, Ultrasonic Sensor and Others By Application Type - Industrial Application, Consumer electronics, Automotive Application, Fitness and Wellness, Healthcare, Aerospace and Defense and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023" Motion sensor is a device that