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Global Autonomous Vehicle Sensor Market, Technologies, Market Share and Industry Forecast to 2024

  • ID: 4714870
  • Report
  • Region: Global
  • 240 Pages
  • Occams Business Research and Consulting
UP TO OFF
until May 31st 2019
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The Global Autonomous Vehicle Sensor Market is Anticipated to Grow with a CAGR of about 105%

FEATURED COMPANIES

  • Asahi Kasei (Japan)
  • Continental AG (Germany)
  • Delphi Automotive (U.K.)
  • Denso (Japan)
  • First Sensor AG (Germany)
  • Fujitsu Ten (Japan)
  • MORE

Autonomous vehicle sensors are electronic devices that continuously monitor their surrounding areas and generate information. The information is used for the navigation of the vehicle and other operational tasks. The global autonomous vehicle sensor market is anticipated to grow with a CAGR of about 105% during the forecast period of 2017-2024.

Increasing technological advancements in autonomous vehicles is fueling growth in the global autonomous vehicle sensors market. However, system malfunction and high vehicle and infrastructure cost are the factors restraining the growth of the global autonomous vehicle sensor market during the forecast period.

Geographically, North America accounted for the largest market share in terms of revenue for the autonomous vehicle sensors market in 2017. The region is expected to dominate the market during the forecast period owing to high adoption rate of autonomous vehicles in the region. Asia Pacific is expected to be the fastest growing region for autonomous vehicle sensor market during the forecast period.

The growth in global autonomous vehicle sensor market is also influenced by the presence of major players such as Continental AG (Germany), Tele Tracking Technologies Inc. (U.S.), Delphi Automotive (U.K.), Denso (Japan), NXP Semiconductors (Netherlands), Robert Bosch Gmbh (Germany), Valeo (France), Asahi Kasei (Japan) etc.

The major players adopt strategies such as mergers & acquisitions, product launches, partnerships etc to gain competitive advantage. 
The global autonomous vehicle sensor market is segmented into type, component and applications. Report further covers segmentsof sensor type which includes camera module sensor, digitally controlled brake, throttle, steering sensor,

Global Positioning System (GPS) Receiver, Inertial Measurement Unit (IMU) sensor, Light Detection and Ranging (LiDAR) sensors, Radio Detection and Ranging (RADAR) sensors, Ultrasonic sensors and wheel encoder. LiDAR sensors held the largest market revenue share in 2016 for the global autonomous vehicle sensor market. LiDAR sensors are widely used to automate the driving of vehicles by obstacle detection and offers safe navigation through environments. 

LiDAR sensor market is followed by Ultrasonic sensors. These sensors are widely used in night vision, parking assist, and BSD. Components of autonomous vehicle sensors include capacitive, inductive, magnetic, optical and piezoelectric.

Furthermore, the applications of autonomous vehicle sensors include chassis, engine, fuel injection and emission, power train, safety and control, telematics, vehicle security and other applications. Safety and control held the largest market revenue share in 2017 and is expected to dominate the market during the forecast period owing to the increased need for minimization of driving accidents.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Asahi Kasei (Japan)
  • Continental AG (Germany)
  • Delphi Automotive (U.K.)
  • Denso (Japan)
  • First Sensor AG (Germany)
  • Fujitsu Ten (Japan)
  • MORE

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Autonomous Vehicle Sensor Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360-Degree Industry Analysis
2.7.3. Porters 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.8. Competitive Analysis
2.8.1. Key Strategies & Analysis
2.8.2. Market Share Analysis And Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities In Emerging Applications
2.9.3. Investment Opportunity In Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Increased Need To Prevent Road Accidents
3.1.2. Rise In Adoption Of Connected Cars
3.1.3. Increasing Vehicle Commuting Population
3.1.4. Increasing Technological Developments
3.1.5. Increasing Government Promotions To Adopt Lidar Sensors
3.2. Market Restraints
3.2.1. High Vehicle And Infrastructure Cost
3.2.2. System Malfunction
3.3. Market Opportunities
3.3.1. Advancements In Lidar Technology
3.3.2. Increasing Adoption In Asia Pacific Region
3.4. Market Challenges
3.4.1. Lack Of Awareness Among General Population

4. Market Segmentation
4.1. Autonomous Vehicle Sensor Market By Type
4.1.1. Market Definition And Scope
4.1.2. Decision Support Database & Estimation Methodology
4.1.3. Comparative Analysis Across Market Segments
4.1.4.  Opportunity Matrix
4.1.5. Market Segmentation
4.1.5.1. Global Camera Module Sensor Market
4.1.5.1.1. Adoption Scenario & Market Determinants
4.1.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.1.5.1.3. Key Conclusions
4.1.5.2. Global Digitally Controlled Brake, Throttle, Steering Sensor Market
4.1.5.2.1. Adoption Scenario & Market Determinants
4.1.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.1.5.2.3. Key Conclusions
4.1.5.3. Global Gps Receiver Market
4.1.5.3.1. Adoption Scenario & Market Determinants
4.1.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.1.5.3.3. Key Conclusions
4.1.5.4. Global Imu Sensor Market
4.1.5.4.1. Adoption Scenario & Market Determinants
4.1.5.4.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.1.5.4.3. Key Conclusions
4.1.5.5. Global Lidar Sensor Market
4.1.5.5.1. Adoption Scenario & Market Determinants
4.1.5.5.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.1.5.5.3. Key Conclusions
4.1.5.6. Global Radar Sensor Market
4.1.5.6.1. Adoption Scenario & Market Determinants
4.1.5.6.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.1.5.6.3. Key Conclusions
4.1.5.7. Global Ultrasonic Sensor Market
4.1.5.7.1. Adoption Scenario & Market Determinants
4.1.5.7.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.1.5.7.3. Key Conclusions
4.1.5.8. Global Others Sensors Market
4.1.5.8.1. Adoption Scenario & Market Determinants
4.1.5.8.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.1.5.8.3. Key Conclusions
4.2. Autonomous Vehicle Sensor Market By Component
4.2.1. Market Definition And Scope
4.2.2. Decision Support Database & Estimation Methodology
4.2.3. Comparative Analysis Across Market Segments
4.2.4.  Opportunity Matrix
4.2.5. Market Segmentation
4.2.5.1. Global Capacitive Market
4.2.5.1.1. Adoption Scenario & Market Determinants
4.2.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.2.5.1.3. Key Conclusions
4.2.5.2. Global Inductive Market
4.2.5.2.1. Adoption Scenario & Market Determinants
4.2.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.2.5.2.3. Key Conclusions
4.2.5.3. Global Magnetic Market
4.2.5.3.1. Adoption Scenario & Market Determinants
4.2.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.2.5.3.3. Key Conclusions
4.2.5.4. Global Optical Market
4.2.5.4.1. Adoption Scenario & Market Determinants
4.2.5.4.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.2.5.4.3. Key Conclusions
4.2.5.5. Global Piezoelectric Market
4.2.5.5.1. Adoption Scenario & Market Determinants
4.2.5.5.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.2.5.5.3. Key Conclusions
4.3. Autonomous Vehicle Sensor Market By Application
4.3.1. Market Definition And Scope
4.3.2. Decision Support Database & Estimation Methodology
4.3.3. Comparative Analysis Across Market Segments
4.3.4.  Opportunity Matrix
4.3.5. Market Segmentation
4.3.5.1. Global Chassis Market
4.3.5.1.1. Application
4.3.5.1.2. Adoption Scenario & Market Determinants
4.3.5.1.3. Market Estimations And Forecasts 2015-2024 ($ Million)
4.3.5.1.4. Key Conclusions
4.3.5.2. Global Engine Market
4.3.5.2.1. Application
4.3.5.2.2. Adoption Scenario & Market Determinants
4.3.5.2.3. Market Estimations And Forecasts 2015-2024 ($ Million)
4.3.5.2.4. Key Conclusions
4.3.5.3. Global Fuel Injection And Emission Market
4.3.5.3.1. Application
4.3.5.3.2. Adoption Scenario & Market Determinants
4.3.5.3.3. Market Estimations And Forecasts 2015-2024 ($ Million)
4.3.5.3.4. Key Conclusions
4.3.5.4. Global Power Train Market
4.3.5.4.1. Application
4.3.5.4.2. Adoption Scenario & Market Determinants
4.3.5.4.3. Market Estimations And Forecasts 2015-2024 ($ Million)
4.3.5.4.4. Key Conclusions
4.3.5.5. Global Others Market
4.3.5.5.1. Application
4.3.5.5.2. Adoption Scenario & Market Determinants
4.3.5.5.3. Market Estimations And Forecasts 2015-2024 ($ Million)
4.3.5.5.4. Key Conclusions

5. Competitive Landscape
5.1. Key Strategies
5.1.1. List Of Mergers And Acquisition
5.1.2. List Of Joint Ventures
5.1.3. List Of Product Launches
5.1.4. List Of Partnerships

6. Geographical Analysis
6.1. Decision Support Database & Estimation Methodology
6.2. Comparative Analysis Across Market Segments
6.3. Opportunity Matrix
6.4. Global Autonomous Vehicle Sensor Market By Region 2015-2024 ($ Million)
6.4.1. North America
6.4.1.1. Industry Analysis 2015-2024 ($ Million)
6.4.1.2. Top Country Analysis
6.4.1.2.1. U.S.
6.4.1.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.1.2.1.2. Key Conclusions
6.4.1.2.2. Canada
6.4.1.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.1.2.2.2. Key Conclusions
6.4.2. Europe
6.4.2.1. Industry Analysis 2015-2024 ($ Million)
6.4.2.2. Top Country Analysis
6.4.2.2.1. UK
6.4.2.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.2.2.1.2. Key Conclusions
6.4.2.2.2. France
6.4.2.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.2.2.2.2. Key Conclusions
6.4.2.2.3. Germany
6.4.2.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.2.2.3.2. Key Conclusions
6.4.2.2.4. Spain
6.4.2.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.2.2.4.2. Key Conclusions
6.4.2.2.5. Rest Of Europe
6.4.2.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.2.2.5.2. Key Conclusions
6.4.3. Asia Pacific
6.4.3.1. Industry Analysis 2015-2024 ($ Million)
6.4.3.2. Top Country Analysis
6.4.3.2.1. China
6.4.3.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.3.2.1.2. Key Conclusions
6.4.3.2.2. India
6.4.3.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.3.2.2.2. Top Players & Key Products
6.4.3.2.2.3. Key Conclusions
6.4.3.2.3. Japan
6.4.3.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.3.2.3.2. Key Conclusions
6.4.3.2.4. Australia
6.4.3.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.3.2.4.2. Key Conclusions
6.4.3.2.5. Rest Of Asia Pacific
6.4.3.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.3.2.5.2. Key Conclusions
6.4.4. Row
6.4.4.1. Industry Analysis 2015-2024 ($ Million)
6.4.4.2. Top Country Analysis
6.4.4.2.1. Latin America
6.4.4.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.4.2.1.2. Key Conclusions
6.4.4.2.2. Middle East & Africa
6.4.4.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.4.2.2.2. Key Conclusions

7. Company Profiles
7.1. Continental AG (Germany)
7.1.1. Overview
7.1.2. Product Portfolio
7.1.3. Strategic Initiatives
7.1.4. Scot Analysis
7.1.5. Strategic Analysis
7.2.  Tele Tracking Technologies Inc. (U.S.)
7.2.1. Overview
7.2.2. Product Portfolio
7.2.3. Strategic Initiatives
7.2.4. Scot Analysis
7.2.5. Strategic Analysis
7.3. Delphi Automotive (U.K.)
7.3.1. Overview
7.3.2. Product Portfolio
7.3.3. Strategic Initiatives
7.3.4. Scot Analysis
7.3.5. Strategic Analysis
7.4. Denso (Japan)
7.4.1. Overview
7.4.2. Product Portfolio
7.4.3. Strategic Initiatives
7.4.4. Scot Analysis
7.4.5. Strategic Analysis
7.5. NXP Semiconductors (Netherlands)
7.5.1. Overview
7.5.2. Product Portfolio
7.5.3. Strategic Initiatives
7.5.4. Scot Analysis
7.5.5. Strategic Analysis
7.6. Robert Bosch Gmbh (Germany)
7.6.1. Overview
7.6.2. Product Portfolio
7.6.3. Strategic Initiatives
7.6.4. Scot Analysis
7.6.5. Strategic Analysis
7.7. Valeo (France)
7.7.1. Overview
7.7.2. Product Portfolio
7.7.3. Strategic Initiatives
7.7.4. Scot Analysis
7.7.5. Strategic Analysis
7.8. Asahi Kasei (Japan)
7.8.1. Overview
7.8.2. Product Portfolio
7.8.3. Strategic Initiatives
7.8.4. Scot Analysis
7.8.5. Strategic Analysis
7.9. Brigade Electroniks (U.K.)
7.9.1. Overview
7.9.2. Product Portfolio
7.9.3. Strategic Initiatives
7.9.4. Scot Analysis
7.9.5. Strategic Analysis
7.10. First Sensor AG (Germany)
7.10.1. Overview
7.10.2. Product Portfolio
7.10.3. Strategic Initiatives
7.10.4. Scot Analysis
7.10.5. Strategic Analysis
7.11. Fujitsu Ten (Japan)
7.11.1. Overview
7.11.2. Product Portfolio
7.11.3. Strategic Initiatives
7.11.4. Scot Analysis
7.11.5. Strategic Analysis
7.12. Novariant (U.S.)
7.12.1. Overview
7.12.2. Product Portfolio
7.12.3. Strategic Initiatives
7.12.4. Scot Analysis
7.12.5. Strategic Analysis
7.13. Teledyne Optech (Canada)
7.13.1. Overview
7.13.2. Product Portfolio
7.13.3. Strategic Initiatives
7.13.4. Scot Analysis
7.13.5. Strategic Analysis
7.14. Trilumina (U.S.)
7.14.1. Overview
7.14.2. Product Portfolio
7.14.3. Strategic Initiatives
7.14.4. Scot Analysis
7.14.5. Strategic Analysis
7.15. Infineon Technologies (Germany)
7.15.1. Overview
7.15.2. Product Portfolio
7.15.3. Strategic Initiatives
7.15.4. Scot Analysis
7.15.5. Strategic Analysis

List Of Tables
1. Global Autonomous Vehicle Sensor Market By Type 2015-2024 ($ Million)
2. Global Camera Module Sensor Market By Geography 2015-2024 ($ Million)
3. Global Digitally Controlled Brake, Throttle, Steering Sensor Market By Geography 2015-2024 ($ Million)
4. Global GPS Receiver Market By Geography 2015-2024 ($ Million)
5. Global IMU Sensor Market By Geography 2015-2024 ($ Million)
6. Global Lidar Sensor Market By Geography 2015-2024 ($ Million)
7. Global Radar Sensor Market By Geography 2015-2024 ($ Million)
8. Global Ultrasonic Sensor Market By Geography 2015-2024 ($ Million)
9. Global Other Sensors Market By Geography 2015-2024 ($ Million)
10. Global Autonomous Vehicle Sensor Market By Component 2015-2024 ($ Million)
11. Global Capacitive Market By Geography 2015-2024 ($ Million)
12. Global Inductive Market By Geography 2015-2024 ($ Million)
13. Global Magnetic Market By Geography 2015-2024 ($ Million)
14. Global Optical Market By Geography 2015-2024 ($ Million)
15. Global Piezoelectric Market By Geography 2015-2024 ($ Million)
16. Global Autonomous Vehicle Sensor Market By Application 2015-2024 ($ Million)
17. Global Chassis Market By Geography 2015-2024 ($ Million)
18. Global Engine Market By Geography 2015-2024 ($ Million)
19. Global Fuel Injection And Emission Market By Geography 2015-2024 ($ Million)
20. Global Power Train Market By Geography 2015-2024 ($ Million)
21. Global Others Market By Geography 2015-2024 ($ Million)
22. North America Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
23. Europe Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
24. Asia Pacific Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
25. Rest Of The World Autonomous Vehicle Sensor Market 2015-2024 ($ Million)

List Of Figures
1. Global Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
2. Global Camera Module Sensor Market 2015-2024 ($ Million)
3. Global Digitally Controlled Brake, Throttle, Steering Sensor Market 2015-2024 ($ Million)
4. Global GPS Receiver Market 2015-2024 ($ Million)
5. Global IMU Sensor Market 2015-2024 ($ Million)
6. Global Lidar Sensor Market 2015-2024 ($ Million)
7. Global Radar Sensor Market 2015-2024 ($ Million)
8. Global Ultrasonic Sensor Market 2015-2024 ($ Million)
9. Global Other Sensors Market 2015-2024 ($ Million)
10. Global Capacitive Market 2015-2024 ($ Million)
11. Global Inductive Market 2015-2024 ($ Million)
12. Global Magnetic Market 2015-2024 ($ Million)
13. Global Optical Market 2015-2024 ($ Million)
14. Global Piezoelectric Market 2015-2024 ($ Million)
15. Global Chassis Market 2015-2024 ($ Million)
16. Global Engine Market 2015-2024 ($ Million)
17. Global Fuel Injection And Emission Market 2015-2024 ($ Million)
18. Global Power Train Market 2015-2024 ($ Million)
19. Global Others Market 2015-2024 ($ Million)
20. United States (U.S.) Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
21. Canada Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
22. United Kingdom (UK) Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
23. France Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
24. Germany Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
25. Spain Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
26. Roe Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
27. India Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
28. China Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
29. Japan Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
30. Australia Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
31. Roapac Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
32. Latin America Autonomous Vehicle Sensor Market 2015-2024 ($ Million)
33. Mena Autonomous Vehicle Sensor Market 2015-2024 ($ Million)    

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Asahi Kasei (Japan)
  • Continental AG (Germany)
  • Delphi Automotive (U.K.)
  • Denso (Japan)
  • First Sensor AG (Germany)
  • Fujitsu Ten (Japan)
  • MORE

The global autonomous vehicle sensor market is anticipated to grow with a CAGR of about 105% through 2024

Autonomous vehicle sensors are electronic devices that continuously monitor their surrounding areas and generate information. The information is used for the navigation of the vehicle and other operational tasks. Autonomous vehicle sensors minimize the probability of driving errors and road accidents. Continuous technological advancements in the field of autonomous vehicles and sensors fuels growth in the global autonomous vehicle sensor market during the forecast period.

Adoption of Light Detection and Ranging (LiDAR) sensors in automotive industry is an emerging trend for the global autonomous vehicle sensor market. In autonomous vehicles, LiDAR sensors are mounted on the front or at the top of the vehicle. These sensors continuously monitor the distance between vehicle and another vehicle or object nearby.

Furthermore, millimeter wave radar sensor is an emerging technology that will add to the growth in the global autonomous vehicle sensor market during the forecast period. Millimeter wave radar is a high-resolution radar technology. It involves various optical and infrared sensors that are placed at the front, or sides of the vehicle. It emits extremely high frequencies that are considered ideal for detecting objects such as cars, animals and pedestrians near the vehicle.

Millimeter wave radar sensor technology is heavily adopted by the key market players of the market such as Denso and others. Also, this technology is used to design Advanced Pre-Collision System (A-PCS), which is used to avoid low-speed collisions by scanning vehicles in the vicinity of the system. Such technological advancements thus, fuels growth in the global autonomous vehicle sensor market during the forecast period.

North America: growth promoter

North America accounted for the largest market share in terms of revenue for the autonomous vehicle sensors market in 2017. The region is expected to dominate the market during the forecast period. The growth is attributed to increased investments by the government and major players of the semiconductor industry in the region.

According to the U.S. government, the U.S. market represents over 20% of world equipment spending in semiconductors. The federal government plays a central role in the creation of the U.S. semiconductor industry.

Moreover, exports of U.S. semiconductors totaled $41.8 billion in 2015. Because of large market of semiconductors in North America, there is a high adoption rate of autonomous vehicles in the region. Furthermore, Asia Pacific is expected to be the fastest growing region for autonomous vehicle sensor market during the forecast period owing to increasing technological advancements.

Global autonomous vehicle sensors market is segmented on the basis of type, component and applications. Light Detection and Ranging (LiDAR) sensors type segment is expected to dominate the market during the forecast period.

LiDAR sensors are widely used to automate the driving of vehicles by obstacle detection and offers safe navigation through environments. LiDAR sensor technology enhances the safety aspect of the vehicle and provides convenience and comfort for the vehicle operator. Presence of major market players such as Tele Tracking Technologies Inc. (U.S.), Novariant (U.S.), Trilumina (U.S.) etc. are also responsible for the growth of autonomous vehicle sensor market in the region.

Increasing vehicle commuting population and technological advancements

Increase in the usage of vehicles globally is adding to the growth of the global autonomous vehicle sensor market during the forecast period. As per European government, it has been estimated that world’s total vehicle count will reach two billion by 2020.

Increase in the vehicle population will therefore increase the probability of driving errors as well as road accidents globally. To avoid such cases, there is a requirement for highly efficient autonomous vehicles. This fuels growth in the global autonomous vehicle sensor market during the forecast period.

Moreover, the market is going through continuous technological innovations and advancements which are creating opportunities for the future. The technological innovations include adoption of LiDAR sensors, millimeter wave radar sensors, optical and infrared sensors in autonomous vehicles. Adoption of such technologies avoids even the minimal error during driving.

Moreover, increasing usage of connected cars and increasing government promotions is also adding growth in the global autonomous vehicle sensors market during the forecast period. However, system malfunction and high vehicle and infrastructure cost are the factors which are restraining the growth of the global autonomous vehicle sensor market during the forecast period.

Note: Product cover images may vary from those shown
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  • Asahi Kasei (Japan)
  • Brigade Electroniks (U.K.)
  • Continental AG (Germany)
  • Delphi Automotive (U.K.)
  • Denso (Japan)
  • First Sensor AG (Germany)
  • Fujitsu Ten (Japan)
  • Infineon Technologies (Germany)
  • Novariant (U.S.)
  • NXP Semiconductors (Netherlands)
  • Robert Bosch GmbH (Germany)
  • Tele Tracking Technologies Inc. (U.S.)
  • Teledyne Optech (Canada)
  • Trilumina (U.S.)
  • Valeo (France)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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