call Toll Free (US/Canada): +1 866 658 6826 | call+1 425 320 4776 | call (UK): +44 1865 60 0662 | call (Ind): +91 9096278110 | email info(@)blueweaveconsulting.com
Home | About Us | Career | Services | Blog | Contact Us
Blueweave
Automotive Sensors Market
Inquire Before Buying Request for Sample

Automotive Sensors Market

Home Automotive And Transportation Automotive Sensors Market

Automotive Sensors Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018–2028, Segmented, By Sensor (type, speed, position, pressure, temperature, others); By Application (powertrain, exhaust, chassis, ADAS, others); By Vehicle Type (Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), passenger vehicles); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published Date: September 2022
  • Report ID: BWC22367
  • Available Format: PDF
  • Page: 147

Report Overview

Global demand for automotive sensors is being driven by rising consumer preference for alternative fuel vehicles to reduce greenhouse gas emissions, and rising consumer demand for vehicle safety.

Global Automotive Sensors Market, 2028 – Industry Trends & Forecast

Global Automotive Sensors Market - Overview

Global Automotive Sensors Market is mainly driven by the increasing popularity of autonomous driving. Most of the automotive sensor industry is expanding along with the total automotive market. The main driver of the increased demand for automotive sensors is the wide deployment of ADAS and AD systems. Much of the market growth for automotive sensors is due to the sensors used in ADAS/AD systems, which include image sensors, temperature sensors, position sensors, speed sensors, and others.

Growing Demand for Modern technologies, Comfort, and Safety

Automakers promote non-contact 3D magnetic sensors to take the place of optical systems or potentiometers, which employ conventional position-sensing methods. These sensors conserve space, guarantee accurate measurements in a high-temperature setting, and eliminate wear and contamination problems. Position sensors for pedals, gearsticks, and transmission moving parts are just a few examples of the form factors that manufacturers can improve throughout the entire vehicle by using 3D magnetic sensing. The development of 3D gesture sensing by vendors such as STMicroelectronics and Elmos, for instance, aims to increase driver focus and do away with manual control of features such as entertainment and lighting in vehicles. Therefore, the increased adoption of cutting-edge technology is a trend that favorably impacts the market expansion.

Growth Drivers

Rapidly Increasing Demand for Pressure Sensors

To meet passenger car safety regulations, contemporary vehicle restraint systems include side airbag pressure sensors. The central airbag unit receives digital collision signals from the pressure sensor, which is built into the side doors of the car. The air pressure sensor also increases engine efficiency in gasoline and diesel engines by efficiently managing spark advance. As a result, global automotive sensors market is expected to grow as pressure sensors are increasingly used in engines and car safety systems.

Growing Popularity of Autonomous Vehicles

Over the next few years, it is anticipated that the autonomous capabilities of commercially available vehicles will develop quickly due to more stringent regulations, safety tests (particularly emergency brake assist), and increased public awareness of vehicle safety. For features such as adaptive cruise control, these vehicles need long-range radar sensors. They also need about two medium-range backward-facing radar sensors for blind spot detection. Additionally, functions like parking assistance require up to 12 ultrasonic sensors. Thus, it is expected that as demand for autonomous driving features rises, so will the need of high-precision sensors.

Restraints

High Costs and Restrictions during Bad Weather

The cost of the sensors employed in Advanced Driver Assistance Systems could not be brought down to goal levels due to the tiny production volumes. Furthermore, it is increasingly challenging to discern between system noise and signals, such as road impediments, because most modern sensors have a constrained signal bandwidth and measuring range. Additionally, monitoring moving objects is more difficult in less-than-ideal conditions, such as rain or blizzards. This, in turn, could impede the growth of global automotive sensors market.

Segmental Coverage

Global Automotive Sensors Market - By Sensor Type

Global Automotive Sensors Market by sensor type is categorized into position sensors, speed sensors, pressure sensors, temperature sensors, and others. The market is divided into ADAS, exhaust, chassis, powertrain, and others based on the kind of application. The market is divided into three segments based on the kind of vehicle: passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Asia Pacific, North America, Europe, and the Rest of the World are the four main geographic divisions of the market.

Global Automotive Sensors Market - By Application

Global Automotive Sensors Market by application is segmented into powertrain, exhaust, chassis, ADAS, and others. LiDAR, cameras, and radar are examples of ADAS sensors. For safety-related applications, level 1 and level 2 autonomous cars primarily combine cameras and radars. For instance, to receive a five-star rating from the New Car Assessment Programme (NCAP), a vehicle must have a high degree of safety features, which is driving up demand for these radars and cameras.

Global Automotive Sensors Market - By Vehicle Type

Based on vehicle type, global automotive sensors market is segmented as passenger cars and commercial vehicles. With the introduction of strict rules regulating the installation of automotive sensors in vehicles, demand for installation in passenger cars is anticipated to increase tremendously. Throughout the period in analysis, the market growth will be aided by rising consumer spending power in developed economies of Europe and North America as well as rising demand for luxury vehicles with cutting-edge technologies, such as advanced driver assistance systems (ADAS). The market for automotive sensors will increase favorably as more commercial vehicles, such as urban electric buses and coaches, adopt ADAS technology.

Automotive Sensors Market

Source: BlueWeave Consulting

Impact of COVID-19 on Global Automotive Sensors Market

Several automotive sensor companies were significantly hit by the lockdown and economic crisis brought on by the COVID-19 outbreak. Significant resource bottlenecks in the worldwide supply and logistics chains have affected many automotive sensor manufacturers' companies in a noticeable unfavorable way in 2020. Most global supply chains were disrupted in Q1 2020, small and medium-sized firms were financially depleted, and automobile sales declined. Due to the pandemic's effects, there is less demand for automotive sensor testers, automotive sensor connectors, and automotive sensor simulators. Reduced output directly leads to a huge loss in sales and profitability in 2020, lowering R&D investments by key market competitors. Overall, the automobile industry will experience a slow uptake of these sensors in the near future and a decline in development funding in the years that follow.

Regional Insights

Geographically, Global Automotive Sensors Market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa. Among the major regions, APAC holds the highest market share in global automotive sensors market. The APAC market expansion is fueled by rising personal disposable income levels and readily available cheap labor. Efforts by governments across the APAC countries to improve road safety standards are also expected to boost the regional market expansion during the period in analysis. For example, the Indian Ministry of Road Transport has made it mandatory to install airbags, seat belt reminders, alarm systems, and reverse parking sensors in vehicles travelling at speeds greater than 80 km/h. Additionally, all vehicles built after July 01, 2019, require a manual override for the central locking system in the event of an electronic system failure.

Due to rising safety standards and improved fuel efficiency, Europe is predicted to experience tremendous development. For buses, vans, and trucks beginning in 2022, the government has enforced safety equipment, such as risky road user recognition systems and tire pressure monitoring. These factors could accelerate the market expansion. The adoption of electric vehicles is increasing, and North America is expected to witness significant increase. The North America automotive sensors market could also expand due to the spurring demand for autonomous vehicles.

Competitive Landscape

Major players in the global automotive sensors market include Robert Bosch GmbH (Germany), Continental AG (Germany), DENSO Corporation (Japan), Infineon Technologies AG (Germany), BorgWarner, Inc. (US), Sensata Technologies (US), Allegro Microsystems, Inc. (US), Analog Devices, Inc. (US), ELMOS Semiconductor SE (Germany), and Aptiv plc (Ireland).

Recent Developments

Vitesco Technologies, the powertrain branch of Continental AG, partnerships with ROHM Semiconductor, a manufacturer of silicon carbide power components in June 2020 to employ the Automotive Sensor technology in high-power electronics for electric vehicles. Infineon Technologies acquired Cypress Semiconductor in April 2020. The acquisition will broaden its application portfolio, including automotive semiconductors, sensors, and microcontrollers.

 

Scope of the Report

Attributes  Details
Years Considered Historical Data – 2018–2021
Base Year – 2021
Estimated Year – 2022
Forecast Period  – 2022–2028
Facts Covered Revenues in USD Billion
Market Coverage North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Product Service/Segmentation By Sensor, By Application, By Vehicle Type, By Region 
Key Players Vitesco Technologies, ROHM Semiconductor, Infineon Technologies, Cypress Semiconductor, Robert Bosch GmbH (Germany), Continental AG (Germany), DENSO Corporation (Japan), Infineon Technologies AG (Germany), BorgWarner, Inc. (US), Sensata Technologies (US), Allegro Microsystems, Inc. (US), Analog Devices, Inc. (US), ELMOS Semiconductor SE (Germany), Aptiv plc (Ireland).

 

By Sensor

  • Type
  • Speed
  • Position
  • Pressure
  • Temperature

By Application

  • Powertrain
  • Exhaust
  • Chassis
  • ADAS

By Vehicle Type

  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)
  • Passenger Vehicles

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. Global Automotive Sensors Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Technological Advancement/Recent Development
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. Global Automotive Sensors Market Overview
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Temperature Sensors
        2. Oxygen Sensors
      2. By Vehicle Type
        1. Passenger Cars
        2. Commercial Vehicles
      3. By Application
        1. Powertrain
        2. Chassis
      4. By Region
        1. North America
        2. Europe
        3. Asia Pacific
        4. Latin America
        5. Middle East and Africa
  6. North America Automotive Sensors Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Vehicle Type
      3. By Application
      4. By Country
        1. United States
        2. Canada
  7. Europe Automotive Sensors Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Vehicle Type
      3. By Application
      4. By Country
        1. Germany
        2. United Kingdom
        3. Italy
        4. France
        5. Spain
        6. Rest of Europe
  8. Asia Pacific Automotive Sensors Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Vehicle Type
      3. By Application
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of Asia Pacific
  9. Latin America Automotive Sensors Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Vehicle Type
      3. By Application
      4. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
  10. Middle East & Africa Automotive Sensors Market
    1. Market Size & Forecast by Value, 2018–2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Vehicle Type
      3. By Application
      4. By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Rest of Middle East & Africa
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership, etc.)
  12. Impact of Covid-19 on Global Automotive Sensors Market Industry
  13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Robert Bosch GmbH
    2. Continental AG
    3. DENSO Corporation
    4. Infineon Technologies AG
    5. BorgWarner Inc.
    6. Sensata Technologies
    7. Allergro Microsystems Inc.
    8. Analog Devices Inc.
    9. ELMOS Semiconductor SE
    10. Aptiv plc
    11. Other Prominent Players
  14. Key Strategic Recommendations

 

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List of Figures

 

Figure 1: Global Automotive Sensors Market Segmentation

Figure 2: Global automotive sensors Industry Value Chain Analysis

Figure 3: Global Automotive Sensors Market Size, By Value (USD Million), 2018–2028

Figure 4: Global Automotive Sensors Market Share (%), By Type, By Value, 2018–2028

Figure 5: Global Automotive Sensors Market Share (%), By Vehicle Type, By Value, 2018–2028

Figure 6: Global Automotive Sensors Market Share (%), By Application, By Value, 2018–2028

Figure 7: Global Automotive Sensors Market Share (%), By Country, By Value, 2018–2028

Figure 8: North America Automotive Sensors Market Size, By Value (USD Million), 2018–2028

Figure 9: North America Automotive Sensors Market Share (%), By Type, By Value, 2018–2028

Figure 10: North America Automotive Sensors Market Share (%), By Vehicle Type, By Value, 2018–2028

Figure 11: North America Automotive Sensors Market Share (%), By Application, By Value, 2018–2028

Figure 12: North America Automotive Sensors Market Share (%), By Country, By Value, 2018–2028   

Figure 13: Europe Automotive Sensors Market Size, By Value (USD Million), 2018–2028

Figure 14: Europe Automotive Sensors Market Share (%), By Type, By Value, 2018–2028

Figure 15: Europe Automotive Sensors Market Share (%), By Vehicle Type, By Value, 2018–2028

Figure 16: Europe Automotive Sensors Market Share (%), By Application, By Value, 2018–2028

Figure 17: Europe Automotive Sensors Market Share (%), By Country, By Value, 2018–2028

Figure 18: Asia-Pacific Automotive Sensors Market Size, By Value (USD Million), 2018–2028

Figure 19: Asia-Pacific Automotive Sensors Market Share (%), By Type, By Value, 2018–2028

Figure 20: Asia-Pacific Automotive Sensors Market Share (%), By Vehicle Type, By Value, 2018–2028  

Figure 21: Asia-Pacific Automotive Sensors Market Share (%), By Application, By Value, 2018–2028

Figure 22: Asia-Pacific Automotive Sensors Market Share (%), By Country, By Value, 2018–2028

Figure 23: Latin America Automotive Sensors Market Size, By Value (USD Million), 2018–2028

Figure 24: Latin America Automotive Sensors Market Share (%), By Type, By Value, 2018–2028

Figure 25: Latin America Automotive Sensors Market Share (%), By Vehicle Type, By Value, 2018–2028

Figure 26: Latin America Automotive Sensors Market Share (%), By Application, By Value, 2018–2028

Figure 27: Latin America Automotive Sensors Market Share (%), By Country, By Value, 2018–2028

Figure 28: Middle East & Africa Automotive Sensors Market Size, By Value (USD Million), 2018–2028

Figure 29: Middle East & Africa Automotive Sensors Market Share (%), By Type, By Value, 2018–2028

Figure 30: Middle East & Africa Automotive Sensors Market Share (%), By Vehicle Type, By Value, 2018–2028

Figure 31: Middle East & Africa Automotive Sensors Market Share (%), By Application, By Value, 2018–2028

Figure 32: Middle East & Africa Automotive Sensors Market Share (%), By Country, By Value, 2018–2028

Figure 33: Global Automotive Sensors Market Share Analysis, 2021

 

List of Tables

 

Table 1: Global Automotive Sensors Market Size, By Type, By Value (USD Million), 2018–2028

Table 2: Global Automotive Sensors Market Size, By Vehicle Type, By Value (USD Million), 2018–2028

Table 3: Global Automotive Sensors Market Size. By Application, By Value (USD Million), 2018–2028

Table 4: Global Automotive Sensors Market Size. By Country, By Value (USD Million), 2018–2028

Table 5: North America Automotive Sensors Market Size, By Type, By Value (USD Million), 2018–2028

Table 6: North America Automotive Sensors Market Size, By Vehicle Type, By Value (USD Million), 2018–2028

Table 7: 28 North America Automotive Sensors Market Size (USD Million), By Application, By Value 2018–2028 

Table 8: 28 North America Automotive Sensors Market Size (USD Million), By Country, By Value 2018–2028 

Table 9: Europe Automotive Sensors Market Size, By Type, By Value (USD Million),By Value 2018–2028

Table 10: Europe Automotive Sensors Market Size, By Vehicle Type, By Value (USD Million), By Value 2018–2028

Table 11: 40 Europe Automotive Sensors Market Size (USD Million), By Application, By Value 2018–2028

Table 12: 40 Europe Automotive Sensors Market Size (USD Million), By Country, By Value 2018–2028

Table 13: Asia-Pacific Automotive Sensors Market Size, By Type, By Value (USD Million), By Value 2018–2028

Table 14: Asia-Pacific Automotive Sensors Market Size (USD Million), By Vehicle Type, By Value 2018–2028

Table 15: Asia-Pacific Automotive Sensors Market Size (USD Million), By Application, By Value 2018–2028

Table 16: Asia-Pacific Automotive Sensors Market Size (USD Million), By Country, By Value 2018–2028

Table 17: Latin America Automotive Sensors Market Size, By Type, By Value (USD Million), By Value 2018–2028

Table 18: Latin America Automotive Sensors Market Size, By Vehicle Type, By Value (USD Million), 2018–2028

Table 19: Latin America Automotive Sensors Market Size (USD Million), By Application, By Value 2018–2028

Table 20: Latin America Automotive Sensors Market Size (USD Million), By Country, By Value 2018–2028  

Table 21: Middle East & Africa Automotive Sensors Market Size, By Type, By Value (USD Million), 2018–2028

Table 22: Middle East & Africa Automotive Sensors Market Size, By Vehicle Type, By Value (USD Million), 2018–2028

Table 23: Middle East & Africa Automotive Sensors Market Size (USD Million), By Application, By Value 2018–2028

Table 24: Middle East & Africa Automotive Sensors Market Size (USD Million), By Country, By Value 2018–2028 

Table 25:  List of Key Players and Their Offerings

 

Table 26:  Competitive Benchmarking, by Operating Parameters

Table 27       Robert Bosch GmbH Company Overview

Table 28        Robert Bosch GmbH Companies Inc. Financial Overview

Table 29        Continental AG Company Overview

Table 30        Continental AG Financial Overview

 

Table 31        DENSO Corporation Company Overview

Table 32        DENSO Corporation Financial Overview

 

Table 33        Infineon Technologies AG Company Overview

Table 34        Infineon Technologies AG Financial Overview

 

Table 35        BorgWarner Inc. Company Overview

Table 36        BorgWarner Inc. Financial Overview

 

Table 37        Sensata Technologies Company Overview

Table 38        Sensata Technologies Financial Overview

 

Table 39        Allergro Microsystems Inc. Company Overview

Table 40        Allergro Microsystems Inc. Financial Overview

 

Table 41        Analog Devices Inc. Company Overview

Table 42        Analog Devices Inc. Financial Overview

 

Table 43        ELMOS Semiconductor SE Company Overview

Table 44        ELMOS Semiconductor SE Financial Overview

 

Table 45        Aptiv plc Company Overview

Table 46        Aptiv plc Financial Overview

 

Market Segmentation

By Sensor

  • Type
  • Speed
  • Position
  • Pressure
  • Temperature

By Application

  • Powertrain
  • Exhaust
  • Chassis
  • ADAS

By Vehicle Type

  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)
  • Passenger Vehicles

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
No data available

To request a free sample copy of this report, please complete the form below.

We value your investment and offer free customization with every report to fulfil your exact research needs.

This website is secure and your personal details are safe.

Frequently Asked Questions (FAQs):

Ans: Global Market size for Automotive Sensors reached a value of USD 23.14 billion in 2021.
Ans: Wide deployment of ADAS and AD systems in automotives is a major growth factor for Global Market for Automotive Sensors.
Ans: Key players in Global Market for Automotive Sensors include Vitesco Technologies, ROHM Semiconductor, Infineon Technologies, Cypress Semiconductor, Robert Bosch GmbH, Continental AG, DENSO Corporation, Infineon Technologies AG, BorgWarner, Inc., Sensata Technologies, Allegro Microsystems, Inc., Analog Devices, Inc., ELMOS Semiconductor SE, and Aptiv plc (Ireland).
Ans: The passenger cars segment counted for a higher share in the Global Market for Automotive Sensors by vehicle type.
Ans: North America holds the highest market share in Global Market for Automotive Sensors.