Press release
2024 Passenger Car Sensors Market Report : Market Size, Growth Drivers, And Key Trends | Robert Bosch GmbH, Panasonic Holdings Corporation, Denso Corporation
Passenger Car Sensors Global Market Report 2024
As per the report, the passenger car sensors market size has grown strongly in recent years. It will grow from $5.1 billion in 2023 to $5.41 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The passenger car sensors market size is expected to see strong growth in the next few years. It will grow to $6.88 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.
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What Is Driving The Growth Of The Global Passenger Car Sensors Market?
Impact of Autonomous Passenger Cars on the Passenger Car Sensors Market
The growing adoption of autonomous passenger cars is expected to propel the growth of the passenger car sensors market going forward. Autonomous passenger cars are vehicles designed for personal use that can navigate and operate without human intervention, using advanced technologies. Autonomous vehicles (AVs) use advanced sensors, cameras, and artificial intelligence to detect and respond to potential hazards, significantly reducing the risk of accidents caused by human error. Passenger car sensors, including LiDAR, radar, cameras, ultrasonic sensors, GPS, IMU, and V2X communication, enable autonomous vehicles to perceive their surroundings, navigate accurately, and make real-time decisions for safe and efficient operation
What Is The Key Trend In The Global Passenger Car Sensors Market?
Advancements in NOx Sensor Technology by Leading Passenger Car Sensor Manufacturers
Major companies operating in the passenger car sensors market are developing nitrogen oxide (NOx) sensors to address increasingly stringent emissions regulations, improve engine efficiency, and enhance overall vehicle performance. NOx sensor are crucial for monitoring and controlling NOx emissions in real-time, ensuring compliance with environmental standards and reducing harmful pollutants.
How Is The Global Passenger Car Sensors Market Segmented?
The passenger car sensors market covered in this report is segmented -
1) By Sensor Type: Pressure Sensors, Position Sensors, Speed Sensors, Temperature Sensors, Oxygen (O2) And Nitrogen Oxide (Nox) Sensors, Safety And Comfort Sensors, Other Sensor Types
2) By Body Control: Weight Reduction, Multiplex Compatibility, Stringent Safety Regulations
3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle
4) By Application: Powertrain Or Drivetrain, Exhaust, Interior Or Comfort, Body Control, Driver Assistance System
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How Is The Competitive Landscape Of The Global Passenger Car Sensors Market?
Major companies operating in the passenger car sensors market are Robert Bosch GmbH, Panasonic Holdings Corporation, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Mitsubishi Electric Corporation, Honeywell International Inc., Valeo S.A., Texas Instruments Incorporated, Aptiv PLC, TE Connectivity Ltd., STMicroelectronics NV, Infineon Technologies AG, Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Amphenol Corporation, Analog Devices Inc., Renesas Electronics Corporation, Hella GmbH & Co. KGaA, Omron Corporation, ROHM Co. Ltd., Sensata Technologies Inc., Allegro Microsystems Inc., Melexis NV, Quanergy Systems Inc., Innoviz Technologies Ltd
Contents Of The Global Passenger Car Sensors Market
1. Executive Summary
2. Passenger Car Sensors Market Report Structure
3. Passenger Car Sensors Market Trends And Strategies
4. Passenger Car Sensors Market - Macro Economic Scenario
5. Passenger Car Sensors Market Size And Growth
…..
27. Passenger Car Sensors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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