Categories: Market Research

Global Automotive Sensors Market Size and Forecast 2023-2032|Robert Bosch GmbH, Continental AG, DENSO Corporation, Infineon Technologies AG, Sensata Technologies,

The Automotive Sensors Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-PacificWestern Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Automotive Sensors Market:

https://www.thebusinessresearchcompany.com/report/automotive-sensors-global-market-report

According to The Business Research Company’s Automotive Sensors Global Market Report 2024, The automotive sensors market size has grown rapidly in recent years. It will grow from $28.53 billion in 2023 to $32.45 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%.  The  growth in the historic period can be attributed to regulatory mandates, rise in passenger car sales, economic growth, government support.

The automotive sensors market size is expected to see rapid growth in the next few years. It will grow to $53.46 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%.  The growth in the forecast period can be attributed to increasing emphasis on vehicle safety, rising vehicle sales, rising connected vehicles, rising urbanization, rising disposable income. Major trends in the forecast period include lidar technology advancements, in-cabin sensing, 5g connectivity, solid-state sensors, sensor fusion.

The rising adoption of autonomous vehicles is expected to propel the growth of the automotive sensors market. Autonomous vehicles are driverless vehicles that operate and perform necessary functions on their own without any human intervention. The use of automotive sensors in autonomous vehicles has reduced the drivers’ stress and increased the productivity of the vehicle. For instance, the global autonomous car market is projected to grow from $1.64 billion in 2021 to $11.03 billion in 2028 at a CAGR of 31.3% due to the increased demand. Hence, the rising adoption of autonomous vehicles plays an important role in the growth of the automotive sensors market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=5783&type=smp

The automotive sensors market covered in this report is segmented –

1) By Type: Temperature Sensors, Pressure Sensors, Speed Sensors, Level/Position Sensors, Magnetic Sensors, Gas Sensors, Inertial Sensors

2) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle

3) By Technology: Nano-Electro-Mechanical Systems, Micro-Electro-Mechanical Systems

4) By Application Type: Powertrain, Chassis, Exhaust, ADAS, Other Applications

The rise in the use of pressure sensors in the automotive industry is a key trend gaining popularity in the automotive sensor market. Pressure sensors are used for discovering the early faults in hydraulic brakes, optimising the fuel mix to match the air pressure, automatic cleaning of exhaust filters, tracking exhaust recirculation, critical fluid examinations, finding vapour leakages, triggering airbags faster, and launching pedestrian airbags. For example, in September 2021, Sensata Technologies, Inc., an industrial technology company and a leading provider of sensors, launched the new PTE7100 and PTE7300 hermetic pressure sensors for industrial applications. The sensor is made with the leading micro silicon strain gauge technology in the automotive industry. The sensor has several unique features, including high accuracy, burst strength, and shock performance, making it a robust solution for customers with challenging measurement requirements.

The automotive sensors market report table of contents includes:

1. Executive Summary

2. Automotive Sensors Market Characteristics

3. Automotive Sensors Market Trends And Strategies

4. Automotive Sensors Market – Macro Economic Scenario

5. Global Automotive Sensors Market Size and Growth

.

.

.

26. South America Automotive Sensors Market

27. Brazil Automotive Sensors Market

28. Middle East Automotive Sensors Market

29. Africa Automotive Sensors Market

30. Automotive Sensors Market Competitive Landscape And Company Profiles

Top Major Players:

  • Robert Bosch GmbH
  • Continental AG
  • DENSO Corporation
  • Infineon Technologies AG
  • Sensata Technologies

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Blog: https://blog.tbrc.info/

Healthcare Blog: https://healthcareresearchreports.com/

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Europe 5G technology Market Analysis, Growth, Trends And Industry Report 2030

Europe 5G Technology Market: A Comprehensive Overview Market Scope The Europe 5G Technology Market, valued at USD…

6 mins ago

Spain Esports Market: Growth, Trends, and Future Outlook 2030

Spain Esports Market Overview: The Spanish esports market, valued at USD 133.90 million in 2023, is…

7 mins ago

Fire Door Market Business Size, Growth Trends And Opportunities Assessment 2030

Fire Door Market Overview The global Fire Door Market was valued at USD 13.79 billion in 2023…

12 mins ago

Bathroom Taps Market Competitive Landscape & Strategy Framework To 2030

Bathroom Taps Market: A Comprehensive Analysis Market Overview: The global bathroom taps market has been experiencing significant…

13 mins ago

Mining Drills and Breakers Market Analysis: Growth, Trends, and Key Insights for 2024-2030

Mining Drills and Breakers Market Overview: The Mining Drills and Breakers market is projected to grow at…

19 mins ago

Global Non-Stick Coating Market Analysis and Insights (2024-2030)

Non-Stick Coating Market Overview The global non-stick coating market is experiencing robust growth, with a market value…

19 mins ago