Skip to main content

Automotive Sensors Market 2023: Size, Share, Industry Analysis, Trends, Latest Insights and Forecast to 2028

IMARC Group, a leading market research company, has recently releases report titled“Automotive Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global automotive sensors market trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the automotive sensors market?

 
Report AttributesDetails
Market Size in 2022US$ 23.6 Billion
Market Forecast in 2028US$ 46.4 Billion
Growth rate (2023 to 2028)CAGR of 12.10%
Base Year of the Analysis2022
Forecast Period2023-2028

What are Automotive Sensors?

Automotive sensors represent intelligent detectors used to process the oil pressure, temperature, emission, and coolant levels. They comprise gas, speed, pressure, temperature, and magnetic sensors. Automotive sensors can be managed by a computer and can estimate the air density in the engine. They are utilized to monitor the rotating speed of the crankshaft for controlling engine timing and fuel injection. Automotive sensors aid in scanning the content of exhaust gases for the balance of oxygen to specify emission controls and fuel metering strategy. They provide the smooth burning of fuel to avoid damage to head gaskets, rings, and rod bearings in vehicles. In addition, automotive sensors control various operations, such as turning on or off the retard, spark advance, canister purge, early fuel evaporation (EFE) system, and the flow of exhaust gas recirculation (EGR).

Request for a free sample copy of this report: https://www.imarcgroup.com/automotive-sensors-market/requestsample

Automotive Sensors Market Trends:

The escalating demand for these detectors to provide information on several parameters while ensuring comfort, safety, and security is among the primary factors driving the automotive sensors market. Besides this, the rising number of vehicles equipped with these devices, owing to the high consumer preference for convenience and fuel efficiency, is further augmenting the market growth. Moreover, the integration of automotive sensors in self-driving cars, as more intelligent data processing instruments are required to make autonomous decisions, is also catalyzing the global market. Apart from this, the growing popularity of advanced driver assistance systems (ADAS), including adaptive cruise control, lane departure warnings, and automated parking, is acting as another significant growth-inducing factor. Furthermore, the elevating requirement for these detectors for blind-spot monitoring and close vehicle sensing and the extensive usage of the anti-lock braking system (ABS) to adapt to the road terrain and control tire locking and vehicle skidding during high-speed brakes are anticipated to propel the automotive sensors market over the forecasted period.


Automotive Sensors Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the automotive sensors market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Allegro MicroSystems Inc. (Sanken Electric Co. Ltd.)
  • Analog Devices Inc.
  • BorgWarner Inc.
  • Continental AG
  • CTS Corporation
  • DENSO Corporation
  • Hitachi Ltd.
  • Infineon Technologies AG
  • Littelfuse Inc.
  • NXP Semiconductors N.V.
  • Robert Bosch GmbH
  • Sensata Technologies Inc.
  • TE Connectivity

Key Market Segmentation:

The report has segmented the automotive sensors market on the basis of type, vehicle type, application, sales channel and region.

Breakup by Type:

  • Level/Position Sensors
  • Temperature Sensors
  • Pressure Sensors
  • Speed Sensors
  • Gas Sensors
  • Magnetic Sensors
  • Others

Breakup by Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles

Breakup by Application:

  • Powertrain
  • Chassis
  • Vehicle Body Electronics
  • Safety and Security
  • Telematics
  • Others

Breakup by Sales Channel:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Breakup by Region:

  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
  • Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)

Ask Analyst for 10% free customized report: https://www.imarcgroup.com/automotive-sensors-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/

Labels:

Comments

Post a Comment

Popular posts from this blog

Instrument Transformer Market Share, Size, Growth, Industry Analysis and Forecast 2023-2028

 IMARC Group, a leading market research company, has recently releases report titled “ Instrument Transformer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, ” The study provides a detailed analysis of the industry, including the global instrument transformer market share , size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights: How big is the instrument transformer market ? Report Attributes Details Market Size in 2022 US$ 8.2 Billion Market Forecast in 2028 US$ 11.4 Billion Growth rate (2023 to 2028) CAGR of 5.6% Base Year of the Analysis 2022 Forecast Period 2023-2028 What is Instrument Transformer? An instrument transformer is a type of electrical transformer that is specifically designed to measure or protect electrical power systems. It is used to scale down high voltage or high current levels to levels that can be safely and accu
Post a Comment
Read more

Ice Maker Market Size, Trends, Global Industry Analysis, Latest Insights and Competitive Outlook Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “ Ice Maker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, The study provides a detailed analysis of the industry, including the  global ice maker market share, size, trends, and growth forecasts . The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights: How big is the ice maker  market? Report Attributes Details Market Size in 2022 US$ 4.8 Billion Market Forecast in 2028 US$ 6.4 Billion Growth rate (2023 to 2028) CAGR of 4.57% Base Year of the Analysis 2022 Forecast Period 2023-2028 What is Ice Maker? An ice maker, also known as an ice machine or ice generator, refers to a kitchen appliance that is used to make a huge amount of ice in both residential and commercial settings. It is manufactured utilizing several components, which comprise compressors, motors, condensers, throttle valves
Post a Comment
Read more

Casein Market Size, Share, Demand, Key Players, Industry Overview, Trends and Analysis 2022-2027

  According to IMARC Group’s latest report, titled “ Casein Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global casein market size reached 381.2 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach 490.3 Kilo Tons by 2027, exhibiting a growth rate (CAGR) of 4.3% during 2022-2027. Casein is the protein found in mammalian milk and forms an essential ingredient of cheese. It is an amorphous white solid without any taste and odour in its original form. However, commercial casein is slightly yellow in colour with a pleasant odour. In the recent years, casein is increasingly being consumed by the masses as it helps in improving metabolic rate, yielding greater strength gains, and reducing and preventing the effects of enamel erosion. It is also used in medicines, dietary supplements, prepared foods and cosmetics. COVID-19 Impact: We are regularly tracking the direct effect of COVID-19 on the market, along with the in
Post a Comment
Read more