Global Automotive Sensors Market to Reach $107.1 Billion by 2030
The global market for Automotive Sensors estimated at US$28.8 Billion in the year 2022, is projected to reach a revised size of US$107.1 Billion by 2030, growing at a CAGR of 17.8% over the analysis period 2022-2030. Powertrain Systems, one of the segments analyzed in the report, is projected to record 18.7% CAGR and reach US$28.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Chassis segment is readjusted to a revised 16.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $7.8 Billion, While China is Forecast to Grow at 23.4% CAGR
The Automotive Sensors market in the U.S. is estimated at US$7.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$26 Billion by the year 2030 trailing a CAGR of 23.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 15.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.Select Competitors (Total 92 Featured) -
- Allegro MicroSystems LLC
- Analog Devices, Inc.
- Bourns, Inc.
- Continental AG
- CTS Corporation
- Delphi Technologies
- Denso Corporation
- Hella KGaA Hueck & Co.
- Hitachi Automotive Systems, Ltd.
- Infineon Technologies AG
- Kistler Group
- Melexis NV
- Micralyne, Inc.
- NGK Spark Plugs (U.S.A.), Inc.
- Novotechnik
- NXP Semiconductors N.V.
- Omron Corporation
- OSRAM Opto Semiconductors GmbH
- Robert Bosch GmbH
- Sensata Technologies
- SSI Technologies, Inc.
- TDK-Micronas GmbH
- TT Electronics Plc
- Valeo S.A.
- ZF Friedrichshafen AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Report Attribute | Details |
---|---|
No. of Pages | 298 |
Published | March 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 25.3 Billion |
Forecasted Market Value ( USD | $ 67.8 Billion |
Compound Annual Growth Rate | 15.1% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
A selection of companies mentioned in this report includes:
- Allegro MicroSystems LLC
- Analog Devices, Inc.
- Bourns, Inc.
- Continental AG
- CTS Corporation
- Delphi Technologies
- Denso Corporation
- Hella KGaA Hueck & Co.
- Hitachi Automotive Systems, Ltd.
- Infineon Technologies AG
- Kistler Group
- Melexis NV
- Micralyne, Inc.
- NGK Spark Plugs (U.S.A.), Inc.
- Novotechnik
- NXP Semiconductors N.V.
- Omron Corporation
- OSRAM Opto Semiconductors GmbH
- Robert Bosch GmbH
- Sensata Technologies
- SSI Technologies, Inc.
- TDK-Micronas GmbH
- TT Electronics Plc
- Valeo S.A.
- ZF Friedrichshafen AG