Automotive Battery Sensor Market Size 2024: Global Share, Industry And Report Analysis By 2031 | SmartSens technology Sony Group Corp. STMicroelectronics NV

Automotive battery sensor market is anticipated to grow at a CAGR of 6.5% during the forecast period (2023-2030). The growth of the market is attributed to the growing demand for consumer awareness and safety. Consumers are increasingly conscious of the performance and safety of their vehicles. By eliminating anticipated battery failures and accidents driven by electrical problems, battery sensors contribute to making driving safer. Accordingly, market players are coming up with new products to cater to the demand for electric vehicle battery Sensors. For instance, in July 2022, Continental launched two electric vehicle battery sensors, the Battery Impact Detection (BID) and the Current Sensing Module (CSM). Both of them offer vital data to the battery management system that helps safeguard and enhance the operation of the energy module.

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Among the vehicle types, the fully electric sub-segment is expected to hold a considerable share of the global programmatic advertisement market. The segmental growth is attributed to the growing demand for innovations in Sensor Technology. As a result of technological advances, battery sensors are now more precise and dependable. The sensors provide real-time data and diagnostics for a better understanding of battery health and performance. Accordingly, market players are coming up with new products to cater to the demand for battery-operated Smart Alarm systems (SAS). To achieve high precision and very low power operation, the technology platform utilizes sensor fusion based on artificial intelligence and machine learning (AI/ML). For instance, in June 2022, Infineon Technologies AG introduced its Smart Alarm System (SAS), that is battery-operated. The technology platform utilizes sensor fusion based on artificial intelligence and machine learning (AI/ML) to achieve high precision and very low-power operation. The performance of this technology is exceptional when paired with low-power wake-on acoustic event detection. The small design achieves equivalent or greater battery life compared to less complex solutions while outperforming the detection accuracy of acoustic-only alarm systems that are used in smart homes, buildings, and other IoT applications.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Automotive Battery Sensor Market Report Segment
By Vehicle Type
• Fully Electric
o Heavy Commercial Vehicle
o Light Commercial Vehicle
o Passanger car
• Hybrid
o Heavy Commercial Vehicle
o Light Commercial Vehicle
o Passanger car

By Voltage
• 48 V
• 24 V
• 12 V

By Communication Technology Type
• Controller Area Network (CAN)
• Local Interconnect Network (LIN)

Global Automotive Battery Sensor Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global automotive battery sensor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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