Summary

Automotive Sensors Market Size, Share, and Analysis, By Type (Temperature Sensors, Pressure Sensors, Position Sensors, Speed Sensors, Magnetic Sensors, Gas Sensors, and Others), By Application (Powertrain, Body Electronics, Vehicle Security Systems, and Telematics), By Vehicle Type (Passenger Cars and Commercial Vehicles), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034

PRODUCT OVERVIEW
Automotive Sensors Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 25.3 billion and is projected to reach USD 80.8 billion by the completion of 2034.
Automotive sensors are essential electronic components that monitor various parameters within a vehicle and transmit data to its control systems. They play a crucial role in modern cars by providing functionalities like engine optimization, safety features, and environmental controls. These sensors are classified into several types, each with a distinct purpose, such as monitoring temperature, pressure, speed, position, and proximity. For instance, oxygen sensors regulate fuel mixture based on the analysis of exhaust gas, whereas ABS sensors measure wheel speed to avoid skidding during braking. Thus, automotive sensors enable maximum vehicle performance and efficiency by collecting and delivering data in real-time to the computer system of the vehicle. Their capacity to provide real-time data enables quick modifications and interventions, which helps to ensure smooth functioning and safety on the road.

MARKET HIGHLIGHTS
Automotive Sensors Market is projected to reach USD 80.8 billion over the forecast period, driven by the rising demand for advanced safety features, along with government regulations on vehicle emissions and safety standards. The growth of electric and autonomous vehicles is boosting the adoption of sensors such as LiDAR, radar, and ultrasonic sensors for autonomous driving applications. This development is highlighted by the increasing need for sensors in battery management and thermal monitoring systems in electric vehicles. Besides, strategic partnerships and collaborations between automotive manufacturers and sensor suppliers are promoting innovations in the market. Therefore, the automotive sensors market will experience swift growth due to several technological improvements and consumer demand for advanced safety features.

Automotive Sensors Market Segments:

• By Type
o Temperature Sensors
o Pressure Sensors
o Position Sensor
o Speed Sensors
o Magnetic Sensors
o Gas Sensors
o Others
• By Application
o Powertrain
o Body Electronics
o Vehicle Security Systems
o Telematics
• By Vehicle Type
o Passenger Cars
o Commercial Vehicles

MARKET DYNAMICS
Growth Drivers
Advancements in Technology Will Promote the Adoption of Automotive Sensors
Growing Vehicle Electrification Will Present Growth Prospects for the Automotive Sensors Market
Restraint
Cost Constraints May Prevent Growth in the Automotive Sensors Market

Key Players
• Bosch
• Continental AG
• Denso Corporation
• Delphi Technologies
• Sensata Technologies
• Infineon Technologies
• NXP Semiconductors
• STMicroelectronics
• Texas Instruments
• Aptiv PLC
• Allegro Microsystems
• Panasonic Corporation
• Analog Devices Inc.
• TE Connectivity
• Hella KGaA Hueck & Co.
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:
• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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Table of Contents

1.Executive Summary
1.1. Regional Market Share
1.2.Business Trends
1.3. Automotive Sensors Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1.Market Definition
3.2.Automotive Sensors Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.Automotive Sensors Market – Industry Insights
4.1. Industry Segmentation
4.2.COVID-19 overview of world economy
4.3.Industry Ecosystem Channel Analysis
4.4.Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.Risk Analysis
9. Market Analysis
9.1.Porter's Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.Automotive Sensors Market
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Automotive Sensors Market Size & Forecast 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1. By Type
11.3.1.1. Temperature Sensors
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Pressure Sensors
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Position Sensors
11.3.1.3.1. By Value (USD Million) 2024-2034F
11.3.1.3.2.Market Share (%) 2024-2034F
11.3.1.3.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.4.Speed Sensors
11.3.1.4.1. By Value (USD Million) 2024-2034F
11.3.1.4.2.Market Share (%) 2024-2034F
11.3.1.4.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.5.Magnetic Sensors
11.3.1.5.1. By Value (USD Million) 2024-2034F
11.3.1.5.2.Market Share (%) 2024-2034F
11.3.1.5.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.6.Gas Sensors
11.3.1.6.1. By Value (USD Million) 2024-2034F
11.3.1.6.2.Market Share (%) 2024-2034F
11.3.1.6.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.7.Others
11.3.1.7.1. By Value (USD Million) 2024-2034F
11.3.1.7.2.Market Share (%) 2024-2034F
11.3.1.7.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Application
11.3.2.1.Powertrain
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Body Electronics
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Vehicle Security Systems
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Telematics
11.3.2.4.1.By Value (USD Million) 2024-2034F
11.3.2.4.2. Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Vehicle Type
11.3.3.1.Passenger Cars
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Commercial Vehicles
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
12.North America Automotive Sensors Market Size & Forecast 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Type
12.3.2. By Application
12.3.3. By Vehicle Type
12.4. Country
12.4.1. United States
12.4.2. Canada
13.Europe Automotive Sensors Market Size & Forecast 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Type
13.3.2. By Application
13.3.3. By Vehicle Type
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.Asia-Pacific Automotive Sensors Market Size & Forecast 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Type
14.3.2. By Application
14.3.3. By Vehicle Type
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.Middle East and Africa Automotive Sensors Market Size & Forecast 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Type
15.3.2. By Application
15.3.3. By Vehicle Type
15.4.Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Automotive Sensors Market Size & Forecast 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Type
16.3.2. By Application
16.3.3. By Vehicle Type
16.4.Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1.Bosch
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Continental AG
18.3.Denso Corporation
18.4.Delphi Technologies
18.5.Sensata Technologies
18.6.Infineon Technologies
18.7.NXP Semiconductors
18.8.STMicroelectronics
18.9.Texas Instruments
18.10.Aptiv PLC
18.11. Allegro Microsystems
18.12.Panasonic Corporation
18.13.Analog Devices Inc.
18.14.TE Connectivity
18.15.Hella KGaA Hueck & Co.
18.16.Other Prominent Players
19. Appendix
20.Consultant Recommendation