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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Automotive Rain Sensor Market Outlook

The global automotive rain sensor market reached a value of about USD 5.68 billion in 2023. The market is further estimated to grow at a CAGR of 6.60% in the forecast period of 2024-2032 to reach a value of around USD 10.05 billion by 2032.

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.

Automotive Rain Sensor 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.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Vehicle Type
  • Channel Type
  • Region
Breakup by Vehicle Type
  • Passenger
  • Heavy Commercial Vehicle
  • Light Commercial Vehicle
Breakup by Channel Type
  • Original Equipment Manufacturer (OEM)
  • Aftermarket
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • HELLA GmbH & Co. KGaA
  • DENSO Corporation 
  • Robert Bosch GmbH 
  • Vishay Intertechnology, Inc.
  • KOSTAL Automobil Elektrik
  • Valeo
  • Melexis N.V.
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global automotive rain sensor market attained a value of nearly USD 5.68 billion.

The market is assessed to grow at a CAGR of 6.60% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 10.05 billion by 2032.

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.

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+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124