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Automotive Sensors: Global Strategic Business Report

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    Report

  • 298 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 834987

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
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • The Changing Face of the Automotive Industry: A Prelude
  • Recent Market Activity
  • Advancements in Vehicular Technology
  • Automotive Sensors - A Market Overview
  • Major Application Areas for Automotive Sensors
  • Automotive Steering Sensors Market: An Overview
  • Collision Avoidance Sensors Market - An Overview
  • Automotive Pressure Sensors - An Insight
  • Automotive Temperature Sensors - An Overview
  • Sensors for Self-Driving Vehicles
  • A Review of Long-Standing Demand Drivers for Automotive Sensors
  • Global Automotive Production Trends
  • Global Economic Conditions
  • Growth in Number of Electronic Components per Vehicle
  • Impact of Exogenous Factors
  • Middle Class Population: An Indirect Growth Driver for Automotive Sensors
  • Relatively Stable Economic Scenario to Extend Growth Opportunities
  • Outlook
  • Automotive Sensors - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • Allegro MicroSystems LLC (USA)
  • Analog Devices, Inc. (USA)
  • Bourns, Inc. (USA)
  • CASCO (Germany)
  • Continental AG (Germany)
  • CTS Corporation (USA)
  • Delphi Technologies (USA)
  • Denso Corporation (Japan)
  • Hella KGaA Hueck & Co. (Germany)
  • Hitachi Automotive Systems, Ltd. (Japan)
  • Infineon Technologies AG (Germany)
  • Kistler Group (Switzerland)
  • Melexis NV (Belgium)
  • Micralyne, Inc. (USA)
  • NGK Spark Plugs (U.S.A.), Inc. (USA)
  • Novotechnik U.S., Inc. (USA)
  • NXP Semiconductors N.V. (The Netherlands)
  • Omron Corporation (Japan)
  • OSRAM Opto Semiconductors GmbH (Germany)
  • Robert Bosch GmbH (Germany)
  • Sensata Technologies (USA)
  • SSI Technologies, Inc. (USA)
  • TDK-Micronas GmbH (Germany)
  • TT Electronics Plc (UK)
  • Valeo S.A. (France)
  • ZF Friedrichshafen AG (Germany)
3. MARKET TRENDS & DRIVERS
  • Government Initiatives and Technologies Making Roads Safer
  • Sensor Manufacturing Continues to Move to Low Cost Countries
  • Miniaturization Ruling the Roost in the Automotive Sensors Market
  • Automotives Propel CMOS Image Sensors
  • Sensor Innovations to Transform Automotive Sector
  • Significance of Automotive Sensors
  • R&D and Innovation
  • Emerging Trends in Automotive Position Sensor Market
  • Growth Factors
  • MEMS Sensors Market - Making Rapid Inroads into the Automotive Market
  • Dynamics of the Automotive MEMS Sensor Market
  • Hall Effect ICs Dominate the Automotive Magnetic Sensor Market
  • Rise in Vehicle Sales & Production to Sustain Demand for Automotive Sensors
  • Basic Products - the Choice in Developing Markets
  • Developed Markets Continue to Lap up Advanced Sensor Technologies
  • Sensors Designed for Powertrain Applications - Traditional Revenue Contributors
  • Increasing Use of On-Board Vehicle Health Monitoring & Diagnostic Systems Drives Growth
  • ESC & ABS Become Standard - Drive Demand for Sensors in Chassis Applications
  • TPMS Grows in Prominence - Drives Demand for TPMS Sensors
  • Safety Technologies on the Rise - Boost Demand for Automotive Sensors
  • Use of Sensors in Futuristic Smart Safety Systems
  • Airbags - A Key Safety Application Area
  • Opportunity Indicators
  • Growing Adoption of Adaptive Cruise Control Systems Augurs Well for the Market
  • Automotive OEMs Continue to Evince in ADAS Integration
  • Radar Based ADAS Systems Remain Reliable & Accurate Option
  • Image Based Sensors - The Cost Effective Option
  • Growing Incorporation of Vehicle Security Applications to Boost Demand for Automotive Sensors
  • Growing Demand for Comfort & Convenience to Boost Robust Demand for Sensors in Body Electronics Segment
  • Intelligent Wiper Systems to Drive Demand for Sensors
  • Opportunity Indicator
  • Intelligent Headlights Rise in Popularity - To Boost Demand for Sensors
  • Fuel Efficiency & Emission Control Drive Demand for Automotive Sensors
  • Regulatory Mandates Fuel Growth in Automotive Sensors Market
  • Favorable Government Regulatory Support Benefits Market Growth for ADAS
  • OEM Focus on Product Differentiation Drives Demand for Automotive Sensors
  • Innovative Powertrain & Transmission Technologies Offer Lucrative Opportunities
  • Automotive Haptics Offer Opportunities for Automotive Sensors
  • Thrust towards Autonomous & Semi-Autonomous Automobiles to Fuel Growth
  • Cost Effective Sensors to Encourage Commercialization of Autonomous Vehicles
  • Integrated Systems Fast Gaining Prominence
  • Sensor Fusion Becomes Order of The Day for Modern Automotive Platforms
  • Modularization Gains Prominence among Sensor Manufacturers
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Chassis by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Chassis by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Chassis by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Automotive Sensors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Automotive Sensors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Automotive Sensors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Powertrain Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Powertrain Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Powertrain Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Exhaust Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Exhaust Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Exhaust Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Safety & Control Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Safety & Control Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Safety & Control Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Vehicle Body Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Vehicle Body Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Vehicle Body Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for LCVs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for LCVs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for LCVs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for HCVs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for HCVs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 30: World 16-Year Perspective for HCVs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 31: World Automotive Sensors Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Automotive Sensors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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

Table Information