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Global Automotive Rain Sensor Market: By Vehicle Type: Passenger, Heavy Commercial Vehicle, Light Commercial Vehicle; By Channel Type: Original Equipment Manufacturer (OEM), Aftermarket; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Automotive Rain Sensor Market Outlook

The global automotive rain sensor market reached a value of about USD 5 billion in 2021. The market is further estimated to grow at a CAGR of 6.60% in the forecast period of 2022-2027 to reach a value of around USD 7.3 billion by 2027.

 

Global Automotive Rain Sensor Market

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Passenger Vehicles to Bolster the Market Growth of Automotive Rain Sensor

Based on vehicle type, the passenger vehicles segment is driving the market growth of the automotive rain sensors. The rising adoption of vehicles by the customers due to the inflating disposable income and their emerging need for advanced features such as rain sensors in vehicles are accelerating the market development of automotive rain sensors. The growing safety concerns owing to the increasing accidents and accidents are invigorating the market for automotive rain sensors. In addition, the efforts taken by the automobile manufacturers in providing the customers with superior quality and advanced rain sensors are contributing to the market expansion of automotive rain sensors. Moreover, the research activities to develop advanced rain sensors are projected to aid the market in the forecast period.

 

The Asia Pacific to Account for a Substantial Share in the Market for Automotive Rain Sensor

The ever-increasing production and sales of automobiles in the Asia Pacific region and the setting up of rain sensors as a feature are significantly catalysing the market growth of automotive rain sensors. In addition, the strong presence of vehicle manufacturers in the region and growing safety concerns due to rising traffic in the region is resulting in the development of the market for automotive rain sensors.

 

Market Segmentation

The automotive rain sensor is a driver assistance system that detects the rain falling on the windshield of a vehicle. The sensor automatically activates the windshield wiper and improves the vehicle's in-safety and comfort during rainy or snowy conditions. It is a permanent component of modern vehicle electronics.

 

Global Automotive Rain Sensor Market by Segments

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The market for automotive rain sensor, by vehicle type, is divided into:

  • Passenger
  • Heavy Commercial Vehicle
  • Light Commercial Vehicle

Based on channel type, the market is segmented into:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

The regional markets for automotive rain sensor can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Automotive Rain Sensor Market by Region

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Growing Safety Concerns to Drive the Market Growth of Automotive Rain Sensor

The rising need for safe and convenient driving experiences in modern vehicles is leading to the steady market growth of automotive rain sensors. In addition, the increasing number of accidents and fatalities caused due to the drivers’ distractions in poor weather conditions is providing impetus to the development of the market for rain sensors. Also, the rising inclination towards rain sensors over the conventional systems that require manual adjustment and driver’s attention is further propelling the market. This is because the automotive rain sensors of modern times do not require the drivers to adjust wiper speed, thereby reducing the chances of accidents due to drivers’ distractions. Moreover, the stringent government regulations to ensure the safety of drivers and passengers are playing a crucial role in expanding the market. Further, the technological advancements in the automotive sector, such as the introduction of semi-autonomous and autonomous vehicles, are expected to aid the market for automotive rain sensors in the forecast period.

 

Key Players in the Global Automotive Rain Sensor Market

The report gives a detailed analysis of the following key players in the global automotive rain sensor market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • HELLA GmbH & Co. KGaA
  • DENSO Corporation 
  • Robert Bosch GmbH 
  • Vishay Intertechnology, Inc.
  • KOSTAL Automobil Elektrik
  • Valeo
  • Melexis N.V.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Automotive Rain Sensor Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Automotive Rain Sensor Historical Market (2017-2021) 
    8.3    Global Automotive Rain Sensor Market Forecast (2022-2027)
    8.4    Global Automotive Rain Sensor Market by Vehicle Type
        8.4.1    Passenger
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Heavy Commercial Vehicle
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3     Forecast Trend (2022-2027)
        8.4.3    Light Commercial Vehicle
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Global Automotive Rain Sensor Market by Channel Type
        8.5.1     Original Equipment Manufacturer (OEM)
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Aftermarket
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Automotive Rain Sensor Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    HELLA GmbH & Co. KGaA
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    DENSO Corporation 
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Robert Bosch GmbH 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Vishay Intertechnology, Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    KOSTAL Automobil Elektrik
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Valeo
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Melexis N.V.
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        14.2.11   Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Automotive Rain Sensor Market: Key Industry Highlights, 2017 and 2027
2.    Global Automotive Rain Sensor Historical Market: Breakup by Vehicle Type (USD Billion), 2017-2021
3.    Global Automotive Rain Sensor Market Forecast: Breakup by Vehicle Type (USD Billion), 2022-2027
4.    Global Automotive Rain Sensor Historical Market: Breakup by Channel Type (USD Billion), 2017-2021
5.    Global Automotive Rain Sensor Market Forecast: Breakup by Channel Type (USD Billion), 2022-2027
6.    Global Automotive Rain Sensor Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global Automotive Rain Sensor Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America Automotive Rain Sensor Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America Automotive Rain Sensor Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe Automotive Rain Sensor Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe Automotive Rain Sensor Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific Automotive Rain Sensor Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific Automotive Rain Sensor Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America Automotive Rain Sensor Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America Automotive Rain Sensor Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa Automotive Rain Sensor Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa Automotive Rain Sensor Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Global Automotive Rain Sensor Market Structure

Key Questions Answered in the Report

In 2021, the global automotive rain sensor market attained a value of nearly USD 5 billion.

The market is assessed to grow at a CAGR of 6.60% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach almost USD 7.3 billion by 2027.

The major market drivers include the increasing road accidents and fatalities, growing safety concerns, rising production of vehicles and installation of rain sensors by manufacturers, and research activities to develop superior quality rain sensors.

The key industry trends guiding the growth of the market include growing adoption of vehicles with advanced features, stringent government regulations to ensure safety of passengers, and advancements in automotive sector.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The different vehicle types in the market are passenger, heavy commercial vehicle, and light commercial vehicle.

The significant market divisions, based on channel type, include original equipment manufacturer (OEM) and aftermarket.

The major players in the industry are HELLA GmbH & Co. KGaA, DENSO Corporation, Robert Bosch GmbH, Vishay Intertechnology, Inc., KOSTAL Automobil Elektrik, Valeo, and Melexis N.V., among others.

Analyst Review

The global automotive rain sensor market attained a value of nearly USD 5 billion in 2021, driven by the increasing installation of rain sensors in automobiles. Aided by the growing safety concerns, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6.60%. The market is estimated to reach about USD 7.3 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market for automotive rain sensor, by vehicle type, is divided into passenger, heavy commercial vehicle, and light commercial vehicle. Based on channel type, the market is segmented into original equipment manufacturer (OEM) and aftermarket. The major regional markets for automotive rain sensor are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include HELLA GmbH & Co. KGaA, DENSO Corporation, Robert Bosch GmbH, Vishay Intertechnology, Inc., KOSTAL Automobil Elektrik, Valeo, and Melexis N.V., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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