The Europe automotive sensors market accounted for US$ 2.13 Bn in 2018 and is expected to grow at a CAGR of 6.8% over the forecast period 2019-2027, to account for US$ 3.83 Bn in 2027. The automobile manufacturers worldwide are experiencing significant demand for vehicles ranging from passenger vehicles, LCV, and HCV. Higher disposable income in the developed countries and increasing purchasing power capacity among the population in developing countries is significantly driving automobile procurement. The constant pressure on automobile manufacturers to deliver a large number of vehicles to meet consumer demand is catalyzing the production statistics of vehicle manufacturing. With the increase in automobile manufacturing, the need for advanced technologies integrated on to the vehicles is simultaneously increasing among the end users. This factor has created a potential market space for various types of semiconductors. In the current automotive market, major manufacturers are integrating their vehicles with technologically enhanced sensors, to improve the safety of the vehicles.
The Europe, automotive sensors market, is fragmented with the presence of several industries, and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the Europe automotive sensors market. For instance, the European Commission has taken several initiatives for the development of the automotive industry in the region. For example, CARS 2020 Action Plan, and GEAR 2030, among others. Also, Horizon 2020 by EU focuses on providing funds for R&D in automotive industry by launching programs such as Also, Horizon 2020 by EU focuses on providing funds for R&D on automotive by launching programs such as European Green Vehicles Initiative and programs on 'Road Transport', 'ICT for Smart Mobility', 'Factories of the Future' and 'Logistics'. These initiatives are implemented to enhance the technologies that positively impact on the market. Thus, the initiatives undertaken by the government has a positive impact on the growth of the Europe automotive sensors market. These initiative provide various benefits to the Europe-based companies located in the region, thus, increasing the growth of Europe automotive sensors markets. Various automotive manufacturers are focusing on integrating advanced sensors in their vehicles to enhance safety and additional features, and this factor is aiding the growth of the Europe automotive sensors market.
Based on the application, the ADAS segment is leading the Europe automotive sensors market. However, the powertrain segment is anticipated to grow at the highest CAGR. Demand for modernization of vehicles embedded with advanced technologies has led the technology companies to innovate and design technologies/systems such as anti-lock braking systems, electronic stability control, advanced driver assistance systems, traction control, and adaptive cruise control. The traditional advanced driver control systems were capable of detecting objects, the alert driver for surroundings and road conditions, braking and stopping the vehicle. With the up gradation of newer technologies, the ADAS market has mainly propelled, and the more unique versions of ADAS offered by several companies are capable of recognizing ambulance, police vehicles, taxis, and pedestrians. The discerning capability is attracting an increased number of automotive OEMs in the new scenario, and the adoption of the same is rising substantially.
The overall Europe, automotive sensors market size, has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Europe automotive sensors market. It also provides an overview and forecast for the Europe automotive sensors market based on all the segmentation provided for the Europe region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the automotive sensors industry. Some of the players present in the Europe automotive sensors market are Analog Devices Inc., Continental AG, Delphi Technologies PLC, Denso Corporation, Infineon Technologies, and Robert Bosch GmbH among others.
The Europe, automotive sensors market, is fragmented with the presence of several industries, and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the Europe automotive sensors market. For instance, the European Commission has taken several initiatives for the development of the automotive industry in the region. For example, CARS 2020 Action Plan, and GEAR 2030, among others. Also, Horizon 2020 by EU focuses on providing funds for R&D in automotive industry by launching programs such as Also, Horizon 2020 by EU focuses on providing funds for R&D on automotive by launching programs such as European Green Vehicles Initiative and programs on 'Road Transport', 'ICT for Smart Mobility', 'Factories of the Future' and 'Logistics'. These initiatives are implemented to enhance the technologies that positively impact on the market. Thus, the initiatives undertaken by the government has a positive impact on the growth of the Europe automotive sensors market. These initiative provide various benefits to the Europe-based companies located in the region, thus, increasing the growth of Europe automotive sensors markets. Various automotive manufacturers are focusing on integrating advanced sensors in their vehicles to enhance safety and additional features, and this factor is aiding the growth of the Europe automotive sensors market.
Based on the application, the ADAS segment is leading the Europe automotive sensors market. However, the powertrain segment is anticipated to grow at the highest CAGR. Demand for modernization of vehicles embedded with advanced technologies has led the technology companies to innovate and design technologies/systems such as anti-lock braking systems, electronic stability control, advanced driver assistance systems, traction control, and adaptive cruise control. The traditional advanced driver control systems were capable of detecting objects, the alert driver for surroundings and road conditions, braking and stopping the vehicle. With the up gradation of newer technologies, the ADAS market has mainly propelled, and the more unique versions of ADAS offered by several companies are capable of recognizing ambulance, police vehicles, taxis, and pedestrians. The discerning capability is attracting an increased number of automotive OEMs in the new scenario, and the adoption of the same is rising substantially.
The overall Europe, automotive sensors market size, has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Europe automotive sensors market. It also provides an overview and forecast for the Europe automotive sensors market based on all the segmentation provided for the Europe region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the automotive sensors industry. Some of the players present in the Europe automotive sensors market are Analog Devices Inc., Continental AG, Delphi Technologies PLC, Denso Corporation, Infineon Technologies, and Robert Bosch GmbH among others.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Report Guidance
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Automotive Sensors Market Landscape
4.1 Market Overview
4.2 Market Segmentation
4.2.1 Europe Automotive Sensor Market - By Type
4.2.2 Europe Automotive Sensors Market - By Application
4.2.3 Europe Automotive Sensors Market - By Vehicle Type
4.2.4 Europe Automotive Sensors Market - By Geography
4.3 PEST Analysis
4.3.1 Europe - PEST Analysis
4.4 Ecosystem Analysis
5. Europe Automotive Sensors Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Vehicle Manufacturing Activities Aiding the growth of Automotive Sensors Market
5.1.2 Growing Collaborations Between Automotive Manufacturers and Sensor Manufacturers
5.2 Key Market Restraints
5.2.1 Increasing Cost of Vehicles due to Integration of Sensors Might Impact the Market
5.3 Key Market Opportunities
5.3.1 Rising Manufacturing of Electronic Vehicles is Supporting the Growth of Automotive Sensor Market
5.4 Future Trends
5.4.1 Boom in Connected Car Production is Expected to Opportunities for Automotive Sensor Manufacturers to Boost their Business
5.5 impact Analysis of Drivers and restraints
6. Europe Automotive Sensors - Market Analysis
6.1 Europe Automotive Sensors Market Overview
6.2 Europe Automotive Sensors Market Forecast and Analysis
7. Europe Automotive Sensors Market Revenue and Forecasts To 2027- Types
7.1 Overview
7.2 Europe Automotive Sensors Market Breakdown, By Types, 2018 & 2027
7.3 LED Market
7.3.1 Overview
7.3.2 LED Market Forecast and Analysis
7.4 Image Sensor Market
7.4.1 Overview
7.4.2 Image Sensor Market Forecast and Analysis
7.5 Position Sensor Market
7.5.1 Overview
7.5.2 Position Sensor Market Forecast and Analysis
7.6 Temperature Sensor Market
7.6.1 Overview
7.6.2 Temperature Sensor Market Forecast and Analysis
7.7 Pressure Sensor Market
7.7.1 Overview
7.7.2 Pressure Sensor Market Forecast and Analysis
7.8 MEMS Market
7.8.1 Overview
7.8.2 MEMS Market Forecast and Analysis
7.9 Other Sensors Market
7.9.1 Overview
7.9.2 Other Sensors Market Forecast and Analysis8. Europe Automotive SENSORS Market Revenue And Forecasts To 2027 - Application
8.1 Overview
8.2 Europe Automotive Sensors Market Breakdown, By Application, 2017 & 2027
8.3 Advanced driver assistance systems Market
8.3.1 Overview
8.3.2 Advanced Driver Assistance Systems Market Forecasts and Analysis
8.4 Body Electronics Market
8.4.1 Overview
8.4.2 Body Electronics Market Forecasts and Analysis
8.5 powertrain Market
8.5.1 Overview
8.5.2 Powertrain Market Forecasts and Analysis
8.6 Safety & Security System Market
8.6.1 Overview
8.6.2 Safety & Security System Market Forecasts and Analysis
8.7 Chassis Market
8.7.1 Overview
8.7.2 Chassis Market Forecasts and Analysis
8.8 Others Market
8.8.1 Overview
8.8.2 Others Market Forecasts and Analysis
9. Europe Automotive Sensors Market Revenue And Forecasts To 2027 - Vehicle Type
9.1 Overview
9.2 Europe Automotive Sensors Market Breakdown, By Vehicle Type, 2017 & 2027
9.3 Passenger Cars market
9.3.1 Overview
9.3.2 Passenger Cars Market Forecasts and Analysis
9.4 Lightweight Commercial Vehicle (LCV) Market
9.4.1 Overview
9.4.2 Lightweight Commercial Vehicle (LCV) Market Forecasts and Analysis
9.5 Heavyweight Commercial Vehicle (HCV) Market
9.5.1 Overview
9.5.2 Heavyweight Commercial Vehicle (HCV) Market Forecasts and Analysis
10. Europe Automotive Sensors Market - Country Analysis
10.1 Overview
10.1.1 Europe Automotive Sensors Market Breakdown by Key Countries
10.1.1.1 France Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.1.1 France Automotive Sensors Market Breakdown by Type
10.1.1.1.2 France Automotive Sensors Market Breakdown by Application
10.1.1.1.3 France Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.2 Germany Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.2.1 Germany Automotive Sensors Market Breakdown by Type
10.1.1.2.2 Germany Automotive Sensors Market Breakdown by Application
10.1.1.2.3 Germany Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.3 Italy Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 Italy Automotive Sensors Market Breakdown by Type
10.1.1.3.2 Italy Automotive Sensors Market Breakdown by Application
10.1.1.3.3 Italy Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.4 UK Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.4.1 UK Automotive Sensors Market Breakdown by Type
10.1.1.4.2 UK Automotive Sensors Market Breakdown by Application
10.1.1.4.3 UK Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.5 Russia Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.5.1 Russia Automotive Sensors Market Breakdown by Type
10.1.1.5.2 Russia Automotive Sensors Market Breakdown by Application
10.1.1.5.3 Russia Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.6 Rest of Europe Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.6.1 Rest of Europe Automotive Sensors Market Breakdown by Type
10.1.1.6.2 Rest of Europe Automotive Sensors Market Breakdown by Application
10.1.1.6.3 Rest of Europe Automotive Sensors Market Breakdown by Vehicle Type
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
12. Europe Automotive Sensors Market - Key Company Profiles
12.1 Analog Devices, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Continental AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Delphi Technologies PLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Denso Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Infineon Technologies AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 MELEXIS
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 NXP Semiconductors N.V.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 ON Semiconductors
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Robert Bosch GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Texas Instruments Incorporated
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Publisher
13.2 Glossary of Terms
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ANALOG Devices Inc.
- Continental AG
- DELPHI TECHNOLOGIES PLC
- Denso Corporation
- Infineon Technologies
- Melexis
- NXP Semiconductors NV
- ON Semiconductors
- Robert Bosch GmbH
- Texas Instruments Incorporated
