Press release
2023 Automotive Intelligence Battery Sensor Growth, Drivers, Opportunities, Size And Industry Trends
Automotive Intelligence Battery Sensor Market Report
Automotive Intelligence Battery Sensor Market Size, Growth Rate, And Forecast:
The global automotive intelligence battery sensor market size is expected to grow from $5.47 billion in 2022 to $6.15 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive intelligence battery sensor market size is expected to grow to $9.49 billion in 2027 at a CAGR of 11.4%.
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Automotive Intelligence Battery Sensor Market Drivers:
An increase in the automotive industry is expected to propel the automotive intelligence battery sensor. Economies worldwide have been steadily increasing, which has increased the standard of living and further increased the purchasing power. The advent of the COVID-19 pandemic also resulted in individuals preferring a safer mode of transportation that promoted social distancing and thus boosted the growth of automobiles. With the increase in gas prices, there has also been widespread adoption of EV vehicles that aim to reduce costs and increase efficiency. These factors increased the demand for automobile intelligence battery sensors, offering vehicle energy management by continuously analyzing the status of critical parameters related to battery health.
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Automotive Intelligence Battery Sensor Market Segments
•By Technology: MCU, CAN, LIN
•By Voltages: 12, 14, 24, 48
•By Application: LDWS (Lane Departure Warning System), BSD (Blind Spot Detection System), FCW (Forward Collision Warning System), Pedestrian Protection, Night Vision, Head-up Displays, Other Applications
•By Vehicle Type: Passenger Cars, Commercial Vehicles
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Intelligence Battery Sensor market.
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Automotive Intelligence Battery Sensor Market Key Players:
Major competitors in the Automotive Intelligence Battery Sensor market include Robert Bosch GmbH, NXP Semiconductors, Continental AG, Furukawa Electric Company Limited, Vishay Intertechnology Inc., Texas Instruments Incorporated.
The Business Research Company's "Global Automotive Intelligence Battery Sensor Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Automotive Intelligence Battery Sensor Market Include:
1. Executive Summary
2. Automotive Intelligence Battery Sensor Market Characteristics
3. Automotive Intelligence Battery Sensor Market Trends And Strategies
4. Automotive Intelligence Battery Sensor Market - Macro Economic Scenario
5. Automotive Intelligence Battery Sensor Market Size And Growth
....
26. Africa Automotive Intelligence Battery Sensor Market
27. Automotive Intelligence Battery Sensor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Intelligence Battery Sensor Market
29. Automotive Intelligence Battery Sensor Market Future Outlook and Potential Analysis
30. Appendix
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