Automotive Sensors Market Research Report Including SWOT Analysis, PESTELE Analysis, Drivers, Restraints, Global Industry Outlook and Key Players Analysis By 2027

Rise in demand for vehicle electrification, formulation of stringent government regulations related to emissions will drive the automotive sensors market at a high CAGR during the forecast period.

In 2027, it is expected that the market for Automotive Sensor Market will be worth 48.29 billion dollars. The demand for automotive sensors is being driven up by the ongoing advancements in automotive electronics sensor application and technology, growing safety concerns, rising automation demand in cars, rising demand for concept cars from wealthy consumers, and growing use of sensors in hybrid, semi-hybrid, and electric vehicles.

Automotive sensors gather, record, and send data that is used to evaluate a vehicle’s performance. Sensors are tools that recognise environmental events or changes and then produce a matching output. They respond by providing an output on a display or transmitting the information in electronic form for further processing when they detect physical input such as light, heat, motion, wetness, pressure, or any other entity. It makes use of silicon wafer-based integrated circuit (IC) fabrication techniques. It keeps track of and regulates changes in an automobile’s chemistry, mechanics, and processes.

For instance, body sensors collect and transmit data on seat occupancy, door/roof closing, and the quantity of sunlight or precipitation. Based on this data, alerts can be set off and simple tasks can be carried out. Thus, the deployment of autonomous vehicles equipped with a wide range of sensors can lower drivers’ levels of stress and boost their output. As a result, the market for automotive sensors is expanding due to the growing popularity of autonomous vehicles.

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Key players in the market include Robert Bosch, Continental AG, Delphi Automotive, Denso Corporation, Infineon Technologies, Sensata Technologies, Allegro Microsystems, Analog Devices, Elmos Semiconductor, and CTS Corporation, among others.

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

The Automotive Sensors research report also contains an analytical analysis of the leading companies in the market, as well as an analysis of their business overviews, business expansion strategies, and other business-related activities. This helps readers and business owners create plans for strategic investment and expansion. The study focuses on business and government transactions, as well as mergers and acquisitions, joint ventures, collaborations, and partnerships. The expansions that these well-known firms are vying for in the key market areas are also discussed in the report. The examination of the technological and product developments made by these companies is the main emphasis of the report.

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For the purpose of this report, Emergen Research has segmented into the global Automotive Sensors Market on the basis of Type, Vehicle Type, Propulsion, Applications, and region:

Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Temperature

Thermocouple
Thermistor
MEMS
Resistance temperature detector
IC temperature sensor
Others

Pressure

MEMS
Strain gauges
Ceramic pressure sensors

Position

Angular
Linear

Oxygen
NOx
Speed
Inertial

Accelerometers
Gyroscopes

Image

Complementary Metal Oxide Semiconductors (CMOS)
Charge-coupled Devices (CCD)

Radars
Ultrasonic
Proximity
LiDAR
Others

Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Passenger Vehicle

Mid-sized car
Sedan
Minivan
Convertible
Crossover
Hatchback
Others

Light Commercial Vehicle (LCV)

Compact
Utility Vehicle
Supermini
Light Truck
Others

Heavy Commercial Vehicle (HCV)

Mobile Truck
Limo
Recreational Vehicle
Towing Truck
Fire Trucks
Others

Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Electric Vehicles

Battery Electric Vehicle
Fuel Cell Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle

Gasoline Powered

Applications Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Powertrain
Chassis
Exhaust
Safety & Control
Body Electronics
Telematics
ADAS

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