Automotive Sensors Market size | 2022 Automotive Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 is latest study published by Fortune Business Insights.

size is projected to grow from USD 15.6 billion by 2028 to USD 10.10 billion in 2021 , at a CAGR of CAGR of 6.38% during the forecast period.

Segmentation:

Position Sensors Held the Highest Market Share in 2020

ADAS Segment to Lead Market Owing to Rising Demand for Driving Assistance Features

Passenger Car Segment Held Largest Market Share in 2020

Driving Factors Of Automotive Sensors Market:

Rising Growth of Autonomous Vehicles to Fuel Demand For Sensors

The autonomous abilities of commercially available vehicles are anticipated to develop rapidly over the next several years due to increasingly stringent regulations and safety tests (in particular, emergency brake assist) and growing awareness regarding vehicle safety. For instance, in developed countries, functions like cruise control and lane-keep assist are mandatory on all vehicles, and regulations for blind-spot monitoring, particularly in Europe.

Automotive Sensors Market Competitive Analysis:

Infineon Technologies AG, NXP Semiconductors, and Robert Bosch GMBH to Lead Market

STMicroelectronics, Robert Bosch GmbH, Infineon Technologies AG, and NXP Semiconductors are key major players in the global market. Over the past few years, there has been a rise in investment in advanced technologies. For instance, high-resolution sensors from companies such as NXP, Elmos, Infineon, and Allegro Microsystems are utilized in steer-by-wire systems. The steering sensor data can then be combined with other information such as the length of the journey and turn signals via a driver-awareness algorithm to alert the driver if the level of tiredness exceeds a particular threshold.

Report Coverage:

The automotive sensors market research report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product types, competitive landscape and leading applications of the product. Besides this, the report offers insights into the market trends and highlights key industry developments. In addition to the aforementioned factors, the report delivers an in-depth market analysis of several factors that have contributed to its growth over recent years.

Major Automotive Sensors Market Manufacturers covered in the market report include:

  • Robert Bosch GmbH (Gerlingen, Germany)
  • Infineon Technologies AG (Neubiberg, Germany)
  • STMicroelectronics (Geneva, Switzerland)
  • Continental AG (Hanover, Germany)
  • Denso Corporation (Kariya, Japan)
  • NXP Semiconductors (Eindhoven, Netherlands)
  • Texas Instruments Incorporated (Dallas, U.S.)
  • Allegro Microsystems, LLC (New Hampshire, U.S.)
  • CTS Corporation (Illinois, U.S.)
  • Elmos Semiconductor (Dortmund, Germany)
  • Sensata Technologies (Attleboro, Massachusetts, U.S.)

Table of Content:

  • Introduction
    • Objective of the Study
    • Definition of the Market
    • Market Scope
    • Market Segment by Type, Application and Marketing Channel
    • Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
    • Years Considered for the Study
    • Currency Considered (U.S. Dollar)
  • Key Findings of the Study
    • Market Dynamics
    • Driving Factors for this Market
    • Factors Challenging the Market
    • Opportunities of the Global Automotive Sensors Market Market (Regions, Growing/Emerging Downstream Market Analysis)
    • Technological and Market Developments in the Automotive Sensors Market
    • Industry News by Region
    • Regulatory Scenario by Region/Country
    • Market Investment Scenario Strategic Recommendations Analysis
  • Value Chain of the Automotive Sensors Market
    • Value Chain Status
    • Upstream Raw Material Analysis
    • Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
    • Distributors/Traders
    • Downstream Major Customer Analysis (by Region)
    • Global Automotive Sensors Market -Segmentation by Type
    • Global Automotive Sensors Market -Segmentation by Application
    • Global Automotive Sensors Market -Segmentation by Marketing Channel
    • Competitive Intelligence Company Profiles
  • Global Automotive Sensors Market -Segmentation by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East and Africa
  • Future Forecast of the Global Automotive Sensors Market from 2023-2028
    • Future Forecast of the Global Automotive Sensors Market from 2023-2028 Segment by Region
    • Global Automotive Sensors Market Production and Growth Rate Forecast by Type (2023-2028)
    • Global Automotive Sensors Market Consumption and Growth Rate Forecast by Application (2023-2028)
  • Appendix
    • Methodology
    • Research Data Source

Continued….

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