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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.
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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 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.
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.
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The market for automotive rain sensor, by vehicle type, is divided into:
Based on channel type, the market is segmented into:
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.
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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.
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:
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
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.
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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