The Business Research Company’s report on the Automotive Intelligence Battery Sensor Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the automotive intelligence battery sensor industry?
An increase in the automotive industry is expected to propel the automotive intelligence battery sensor. Economies worldwide have been steadily increasing, which has increased the standard of living and further increased the purchasing power. The advent of the COVID-19 pandemic also resulted in individuals preferring a safer mode of transportation that promoted social distancing and thus boosted the growth of automobiles. With the increase in gas prices, there has also been widespread adoption of EV vehicles that aim to reduce costs and increase efficiency. These factors increased the demand for automobile intelligence battery sensors, offering vehicle energy management by continuously analyzing the status of critical parameters related to battery health. For instance, in January 2024, according to the Society of Indian Automobile Manufacturers (SIAM), an India-based apex national body representing all major vehicle and vehicular engine manufacturers, India’s passenger vehicle market, valued at Rs 4.5 trillion (approximately $54 billion), reached a significant milestone in 2023, with annual volumes surpassing four million units for the first time. Approximately 4.1 million cars, sedans, and utility vehicles were sold, marking an 8.2% growth from the 3.79 million units sold in 2022. This growth in sales highlights the market’s strong momentum, outpacing volume expansion. Therefore, the increased demand in the automotive industry drives the growth of the automotive intelligence battery sensor market.
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What is the estimated market size of the automotive intelligence battery sensor sector by 2029, based on current forecasts?
The automotive intelligence battery sensor market size has grown rapidly in recent years. It will grow from $6.74 billion in 2024 to $7.53 billion in 2025 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to increasing vehicle electrification, growing complexity of automotive electronics, stringent emission standards, automotive safety regulations, demand for fuel efficiency.
The automotive intelligence battery sensor market size is expected to see rapid growth in the next few years. It will grow to $11.82 billion in 2029 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to enhanced diagnostic capabilities, development of energy-dense batteries, sustainability initiatives, focus on vehicle safety and reliability, growing awareness of battery health. Major trends in the forecast period include increased adoption of advanced driver assistance systems (ADAS), advancements in sensor technologies, rise in connectivity and IoT integration, development of smart charging systems, collaborations and partnerships, increasing complexity of electrical architectures.
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#Who are the top players in the automotive intelligence battery sensor market?
Major companies operating in the automotive intelligence battery sensor market are Robert Bosch GmbH, NXP Semiconductors N.V., Continental AG, Furukawa Electric Company Limited, Vishay Intertechnology Inc., Texas Instruments Incorporated, Inomatic GmbH, MTA Automotive Solutions Pvt. Ltd., Denso Corporation, Abertax Technologies Limited, Autotech Components Pvt. Ltd., Bamomas, Analog Devices Inc., Infineon Technologies AG, Sensata Technologies Inc., STMicroelectronics N.V., TE Connectivity Ltd., Hella GmbH & Co. KGaA, Hitachi Automotive Systems Ltd., Renesas Electronics Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, LG Chem Ltd., BYD Company Ltd., Contemporary Amperex Technology Co. Limited, ams-OSRAM AG, Anfield Sensors Inc., First Sensor AG
#What are the major trends in the automotive intelligence battery sensor market?
Technological advancements have emerged as a key trend gaining popularity in the automotive intelligence battery sensor market. Major automotive intelligence battery sensor companies are focused on delivering advanced battery solutions to strengthen their market position. For instance, in May 2022, Continental AG, a Germany-based automotive parts manufacturing company, launched new sensors to protect electrified vehicle batteries. These high-voltage Current Sensor Modules (CSM) and Battery Impact Detection (BID) provide current and temperature data to keep the battery safe and long-lasting, save up to 50% of its weight, and also provide underfloor protection.
Which geography holds the highest automotive intelligence battery sensor market share?
Asia-Pacific was the largest region in the automotive intelligence battery sensor market in 2024. The regions covered in the automotive intelligence battery sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the automotive intelligence battery sensor market?
The automotive intelligence battery sensor market covered in this report is segmented –
1) By Technology: MCU, CAN, LIN
2) By Voltages: 12, 14, 24, 48
3) By Application: LDWS (Lane Departure Warning System), BSD (Blind Spot Detection System), FCW (Forward Collision Warning System), Pedestrian Protection, Night Vision, Head-up Displays, Other Applications
4) By Vehicle Type: Passenger Car, Commercial Vehicles
Subsegments:
1) By MCU (Microcontroller Unit): Integrated Battery Management Systems, Standalone Battery Sensors
2) By CAN (Controller Area Network): High-Speed CAN Sensors, Low-Speed CAN Sensors
3) By LIN (Local Interconnect Network): LIN Bus Battery Sensors, Multi-Channel LIN Sensors
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What defines the structure and scope of the automotive intelligence battery sensor market?
The automotive intelligence battery sensor refers to a device that provides information about the current energy status, health, and function of the battery. An automotive intelligence battery sensor measures the battery’s voltage, current, and temperature reliably and accurately. It is the main element of vehicle energy management, which integrates these systems into the vehicle’s electrical system to keep the engine running and avoid vehicle failure. Additionally, the sensor supports intelligent alternator control.
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