iCrowd Newswire
22 Jan 2021, 18:19 GMT+10
The Automotive sensors market was valued at USD 24.6 billion in 2018 and is expected to reach USD 43.1 billion by the year 2026, at a CAGR of 7.2% CAGR during the forecast period (from 2018 – 2026). The continual development in automotive electronics sensors application and technology, the rising concern for safety, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and increasing use of sensors in hybrid semi hybrid and electric cars are boosting the demand of automotive sensors market
Sensors are the type of transducers that detect the difference in its environment due to mechanical change and transfer it as an optical or electric signal to the concerned component. In-vehicle, sensors are used to develop a centralized control system for the car. Sensors are installed in vehicles to increase the reliability of the vehicle and the safety of the passenger. Different sensors such as temperature, pressure sensors, position sensors, speed sensors, NOx, oxygen sensors, and many other sensors are used in automotive.
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According to the report, the competitive scenario sees engagement from the players such as Robert Bosch (Germany), Continental AG (Germany), Delphi Automotive (UK), Denso Corporation (Japan), Infineon Technologies (Germany), Sensata Technologies (US), Allegro Microsystems (US), Analog Devices (US), Elmos Semiconductor (Germany), and CTS Corporation (US) and others .
Detailed Analysis of the Regional Segmentation:The report analyses the regional market of this industry through extensive study. The global Automotive Sensors market has established its base in the key regions of the world. These key regions cover areas such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The report includes valuable insights pertaining to the industry shares and market position as per the market share occupied by these geographies. Additionally, the report also offers the upcoming growth opportunities and prospects for the key players of the industry in these key regions. It also offers the expected growth rate that the industry is anticipated to register over the forecast timeline.
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Market Segmentation:For the purpose of this study, Reports and Data have segmented the industry by Technology, by Function, by Process, by Component and by Region:
Automotive Sensors Market by Type (Revenue, USD Million; 2016–2026)• 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
Automotive Sensors Market by Applications (Revenue, USD Million; 2016–2026)• Powertrain• Chassis• Exhaust• Safety & control• Body electronics• Telematics• ADAS• Others
Automotive Sensors Market by Vehicle Type (Revenue, USD Million; 2016–2026)• 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
Automotive Sensors Market by Propulsion (Revenue, USD Million; 2016–2026)• Electric Vehicles• Battery Electric Vehicle• Fuel Cell Electric Vehicle• Hybrid Electric Vehicle• Plug-in Hybrid Electric Vehicle• Gasoline Powered
The segmentation section covers detailed market share analysis for each product and application along with an accurate projection of the market growth during the forecast period. The report also explains in detail about the consumption rate of each product and application, along with an anticipated growth rate over the forecast period.
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Highlights of the TOC:Chapter 1. Automotive Sensors Segmentation & Impact Analysis 1.1. Automotive Sensors Segmentation Analysis 1.2. Automotive Sensors Market Value Chain Analysis, 2016-2026Chapter 2. Automotive Sensors Market By Type Insights & Trends 2.1. Automotive Sensors: By Type Dynamics & Market Share, 2018 & 2026 2.2. TemperatureChapter 3. Automotive Sensors Market By Application Insights & Trends 3.1. Automotive Sensors: By Application Dynamics & Market Share, 2018 & 2026 3.2. PowertrainChapter 4. Automotive Sensors Market By Vehicle Type Insights & Trends 4.1. Automotive Sensors: By Vehicle Type Dynamics & Market Share, 2018 & 2026 4.2. Passenger Vehicles Chapter Continued…
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About Reports and Data:Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Tags: Automotive Sensors Market Demand, Automotive Sensors market, Automotive Sensors Industry, Automotive Sensors market growth, Automotive Sensors market Forecast, Automotive Sensors market Share, Automotive Sensors Market Size, Automotive Sensors Market trend
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John W
Head of Business Development
40 Wall St. 28th floor New York City
NY 10005 United States
Direct Line: +1-212-710-1370
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