Reports
Global Automotive Sensors Market: By Sensor Type: Temperature Sensors, Pressure Sensors, Level/Position Sensors, Speed Sensors, Others; By Application; By Sales Channel; By Vehicle Type; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Automotive Sensors Market Outlook
The global market for automotive sensors reached a value of about USD 27.95 billion in 2021. The market is further expected to grow at a CAGR of about 9.50% in the forecast period of 2023-2028 to reach a value of around USD 49.78 billion by 2027, driven by the thriving automotive sector.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Asia Pacific to be a Significant Regional Market for Automotive Sensors
During the forecast period, Asia Pacific is expected to dominate the global automotive sensors market. This growth can be attributed to the stringent government norms that mandate the use of advanced technologies to improve vehicle safety and reduce pollution, increasing inclination toward electric and hybrid vehicles, and high adoption of ADAS and autonomous cars. Also, the increasing purchasing power of consumers, rising investments in infrastructure development for the automotive sector, and surging demand for more efficient and safer vehicles are the some of the key factors accelerating the growth of the market in the Asia Pacific region.
Government initiatives undertaken in favour of using new energy vehicles to curb carbon emissions will drive the sales of automotive sensors in China. Due to rising sales of passenger cars and increasing demand for adaptive cruise control sensors, leading car manufacturers are focusing on fitting these sensors in economical cars. This will bode well for global automotive sensors market growth. As per the report from the Ministry of Road Transport and Highway, a total number of 4,49,002 accidents took place in India in 2019, leading to 1,51,113 deaths and 4,51,361 injuries . Thus, a rise in road accident-related mortality rate in India and the increasing need for fuel-efficient solutions for commercial vehicles will further fuel the demand for safety sensors in automobiles in the country.
Market Segmentations
Automotive sensors detect, measure, and transmit data that aids the vehicle performance analysis. Sensors are devices that detect events or changes in their surroundings and subsequently offer an output. They detect physical input such as light, heat, motion, moisture, pressure, or any other entity and respond, by displaying the information or transmitting it in electronic form for further processing.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on sensor type, the market is divided into:
- Temperature Sensors
- Pressure Sensors
- Level/Position Sensors
- Speed Sensors
- Gas Sensors
- Magnetic Sensors
- Others
The major applications of the market are:
- Powertrain
- Chassis
- Vehicle Body Electronics
- Safety and Control Systems
- Telematics Systems
- Exhaust Systems
- Others
The several sales channels in the market are:
- Original Equipment Manufacturer (OEM)
- Aftermarket
On the basis of vehicle type, the market is segmented into:
- Passenger Car
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
The regional markets for automotive sensors can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rising Demand for Vehicle Electrification Propelling the Market Growth
The increasing adoption of electric and hybrid vehicles, increasing consumer awareness about the benefits and comforts affiliated with the use of sensors, and the growing number of vehicles on the road around the world are expected to propel the market growth of automotive sensors. Hybrid electric vehicles have tangible benefits in terms of low carbon emission, high efficiency, and low maintenance cost. The growing popularity of these vehicles has increased the demand for various automotive sensors, such as current, temperature, cell voltage, and other components for battery management systems. The major trends driving the global automotive sensors market include miniaturisation and improved communication capabilities, which enable their integration into vehicles without interfering with the basic functionalities of the vehicle. In addition, the increasing demand for safety and security in automobiles is another prominent factor driving the global market growth. Implementation of strict emission control norms aimed at reducing carbon emissions and rising demand for safety and comfort will continue bolstering the growth.
The major market players are focused on developing innovative and improved sensors with enhanced resolution capacity to increase the performance of e-mirror in automotive applications. For instance, in July 2021, Samsung Electronics launched ISOCELL Auto 4AC, its first image sensor designed for automotive applications. This sensor offers a high dynamic range, advanced decibel, and LED flicker mitigation for surround and rear-view cameras. The company also plans to expand the sensor's capability for autonomous driving, in-cabin monitoring, and camera monitoring systems.
Key Players in the Global Market for Automotive Sensors
The report gives a detailed analysis of the following key players in the global automotive sensors market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Infineon Technologies AG
- Robert Bosch GmbH
- NXP Semiconductors N.V.
- Continental AG
- Littelfuse, Inc.
- 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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Sensor Type |
|
| Breakup by Application |
|
| Breakup by Sales Channel |
|
| Breakup by Vehicle Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Sensors Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Sensors Historical Market (2018-2022)
8.3 Global Automotive Sensors Market Forecast (2023-2028)
8.4 Global Automotive Sensors Market by Sensor Type
8.4.1 Temperature Sensors
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Pressure Sensors
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Level/Position Sensors
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Speed Sensors
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Gas Sensors
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Magnetic Sensors
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.7 Others
8.5 Global Automotive Sensors Market by Application
8.5.1 Powertrain
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Chassis
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Vehicle Body Electronics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Safety and Control Systems
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Telematics Systems
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Exhaust Systems
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Others
8.6 Global Automotive Sensors Market by Sales Channel
8.6.1 Original Equipment Manufacturer (OEM)
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Aftermarket
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Automotive Sensors Market by Vehicle Type
8.7.1 Passenger Car
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Light Commercial Vehicle (LCV)
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Heavy Commercial Vehicle (HCV)
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.8 Global Automotive Sensors Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Automotive Sensors Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Automotive Sensors Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Automotive Sensors Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Automotive Sensors Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Automotive Sensors Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Infineon Technologies AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Robert Bosch GmbH
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 NXP Semiconductors N.V.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Continental AG
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Littelfuse, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Sensors Market: Key Industry Highlights, 2018 and 2028
2. Global Automotive Sensors Historical Market: Breakup by Sensor Type (USD Billion), 2018-2022
3. Global Automotive Sensors Market Forecast: Breakup by Sensor Type (USD Billion), 2023-2028
4. Global Automotive Sensors Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Automotive Sensors Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Automotive Sensors Historical Market: Breakup by Sales Channel (USD Billion), 2018-2022
7. Global Automotive Sensors Market Forecast: Breakup by Sales Channel (USD Billion), 2023-2028
8. Global Automotive Sensors Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2022
9. Global Automotive Sensors Market Forecast: Breakup by Vehicle Type (USD Billion), 2023-2028
10. Global Automotive Sensors Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global Automotive Sensors Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America Automotive Sensors Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America Automotive Sensors Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe Automotive Sensors Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe Automotive Sensors Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific Automotive Sensors Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific Automotive Sensors Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America Automotive Sensors Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America Automotive Sensors Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa Automotive Sensors Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa Automotive Sensors Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global Automotive Sensors Market Structure.
Key Questions Answered in the Report
In 2021, the global automotive sensors market attained a value of nearly USD 27.95 billion.
The market is projected to grow at a CAGR of 9.50% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 49.78 billion by 2027.
The major drivers of the market include the high adoption of ADAS and autonomous cars, rising sales of passenger cars, increasing demand for adaptive cruise control sensors, growing number of vehicles, increasing demand for safety and security in automobiles, and implementation of strict emission control norms.
The increasing adoption of electric and hybrid vehicles and the increasing consumer awareness about the benefits and comforts affiliated with the use of sensors are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on sensor type, the market is divided into temperature sensors, pressure sensors, level/position sensors, speed sensors, gas sensors, and magnetic sensors, among others.
The major applications of the market are powertrain, chassis, vehicle body electronics, safety and control systems, telematics systems, and exhaust systems, among others.
The several sales channels in the market are original equipment manufacturer (OEM) and aftermarket.
On the basis of vehicle type, the market is segmented into passenger car, light commercial vehicle (LCV), and heavy commercial vehicle (HCV).
The major players in the industry are Infineon Technologies AG, Robert Bosch GmbH, NXP Semiconductors N.V., Continental AG, and Littelfuse, Inc., among others.
Analyst Review
The global automotive sensors market attained a value of USD 27.95 billion in 2021, driven by the increasing adoption of electric and hybrid vehicles. Aided by the increasing demand for safety and security in automobiles and increasing consumer awareness about the benefits and comforts affiliated with the use of sensors, the market is expected to grow at a CAGR of 9.50% in the forecast period of 2023-2028. The market is projected to reach USD 49.78 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on sensor type, the market is divided into temperature sensors, pressure sensors, level/position sensors, speed sensors, gas sensors, and magnetic sensors, among others. The major applications of the market are powertrain, chassis, vehicle body electronics, safety and control systems, telematics systems, and exhaust systems, among others. The several sales channels in the market are original equipment manufacturer (OEM) and aftermarket. On the basis of vehicle type, the market is segmented into passenger car, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). The major regional markets for automotive sensors are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the above market are Infineon Technologies AG, Robert Bosch GmbH, NXP Semiconductors N.V., Continental AG, and Littelfuse, Inc., 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.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2799-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER