Automotive Sensor Market Segment Forecasts, Company Overview and Regional Outlook 2020 – 2027

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Sep 29, 2020 (Profound via COMTEX) —
Automotive Sensor Market is segmented into By Type: Pressure Sensors, Temperature Sensors, Speed Sensors, Motion Sensors, And Gas Sensors; By Application: Chassis, Powertrain, Safety amp; Security, Body Electronics, And Telematics) – Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 – 2027.

The global automotive sensor market size was valued at USD 16.82 billion in 2019 and expected to reach USD 39.41 billion by 2027, with a compound annual growth rate (CAGR) of 10.4% during the forecast period 2020 to 2027.

Automotive sensors detect, measure, and transmit information, which help in analyzing performance of vehicles. Sensors are devices that detect events or changes in environment and then provide a corresponding output. They sense physical input such as light, heat, motion, moisture, pressure, or any other entity, and respond by producing an output on a display or transmit the information in electronic form for further processing. It uses integrated circuit (IC) fabrication technology made on silicon wafers. It monitors and controls chemical, physical, and process changes of an automobile.

Sensors are used to minimize fuel consumption and reduce onboard weight of a vehicle. Automotive sensors are smart sensors, which can be used to control and process temperature, coolant level, and pressure of oil in a vehicle. There are several types of sensors used in the automotive industry such as speed sensors, coolant sensors, temperature sensors, pressure sensors, magnetic sensors, voltage sensors, and oxygen sensors. Automotive sensor is one of the fastest growing technologies in original equipment manufacturer (OEM) section, especially in North America.

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Presently, there is an increase in demand for intelligent sensors in vehicles, which allows manufactures to give drivers higher level of safety amp; security, reliability, and information amp; entertainment. Manufacturers of electronic devices are incorporating more sensors in their devices to add additional features and compete with other players in the market. High competition in the electronic market, steady upgrade in electronic devices, and increase in automation in the automotive industry through electronic devices are anticipated to drive the growth of automotive sensor industry in future.

Smart sensors are used in accelerometers, which are equipped in vehicles to provide benefits such as safety and fuel efficiency. For instance, a smart sensor processes real-time data and notifies engine-related problems. Moreover, these facilitate communication between engine, suspension, braking, and other controls of vehicles. Vehicle safety issues have led vehicle manufacturers to adopt smart sensors at a high rate, such as in airbags, for safety. These air bags are more effective compared to conventional air bags in sensing accidents, thus minimizing them.

Rise in use of pressure sensors in the automotive industry, owing to high adoption in various safety concerns of passengers, such as tire pressure monitoring systems (TPMS), advanced driver assistance systems (ADAS), and manifold absolute pressure sensors (MAPS); surge in demand for automotive sensors in hybrid and electric cars, as it is widely used in navigation system (GPS) and advanced driver assistance systems (ADAS); increase in use of custom designed electronics devices is expected to boost the automotive sensor market growth. However, high development cost of automotive sensors is expected to hinder the market growth. Moreover, technological advancements in the automobile industry and growth in the automotive sector are expected to offer lucrative opportunities for the automotive sensor market globally.

Top Impacting Factors

The most prominent factors that drive the automotive sensor market growth include increase in use of pressure sensors in the automotive industry, surge in demand for automotive sensors in hybrid and electric cars, and rise in use of custom designed electronic devices. However, high development cost of automotive sensors is expected to hinder the market growth. Moreover, technological advancements in the automobile industry and growth in the automotive sector are expected to offer lucrative opportunities for the market globally. Each of these factors is anticipated to have a definite impact on the automotive sensor market during the forecast period.

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Competition Analysis

Competitive analysis and profiles of the major automotive sensor market players, such as Robert Bosch, DENSO Corporation, AUTOLIV INC, Continental AG, Valeo, Delphi Automotive Company, Sensata Technologies, NXP Semiconductor, STMicroelectronics N.V, and Infineon Technologies AG are provided in this report.

Market Segmentation

By Type Outlook

  • Pressure Sensors

  • Temperature Sensors

  • Speed Sensors

  • Motion Sensors

  • Gas Sensors

By Application Outlook

  • Chassis

  • Powertrain

  • Safety amp; Security

  • Body Electronics

  • Telematics

By Regional Outlook

  • North America
  • Europe
  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Rest of the World

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global automotive sensor market size along with the current trends and future estimations to depict the imminent investment pockets.

  • The overall automotive sensor market analysis is determined to understand the profitable trends to gain a stronger foothold.

  • The report presents information related to key drivers, restraints, and automotive sensor market opportunities with a detailed impact analysis.

  • The current automotive sensor market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.

  • Porter’s five forces analysis illustrates the potency of the buyers and the automotive sensor market share of key vendors.

  • The report includes the market trends and the market share of key vendors.

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Table of Content

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions amp; Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Automotive Sensor Market, By Product

7.1. Automotive Sensor Market, by Product Type, 2020-2027
7.1.1. Pressure Sensors
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Temperature Sensors
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Speed Sensors
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Motion Sensors
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Gas Sensors
7.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Automotive Sensor Market, By Application

8.1. Automotive Sensor Market, by Application, 2020-2027
8.1.1. Chassis
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Powertrain
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Safety amp; Security
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Body Electronics
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Telematics
8.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Automotive Sensor Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2027)

Chapter 10. Company Profiles

10.1. Robert Bosch
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. AUTOLIV INC
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. DENSO Corporation
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Valeo
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Continental AG
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Sensata Technologies
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Delphi Automotive Company
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. STMicroelectronics N.V
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. NXP Semiconductor
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Infineon Technologies AG
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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