Global Automotive Sensor Market

Automotive Sensor Market Size, Share, Growth Analysis, By Sensor Types (Temperature Sensors, Pressure Sensors), By Vehicle Types (Passenger Car, Light Commercial Vehicle), By Sales Channel, By Application, By Region - Industry Forecast 2024-2031

Report ID: SQMIG20D2053 | Region: Global | Published Date: December, 2024
Pages: 202 | Tables: 62 | Figures: 75

Automotive Sensor Market Competitive Landscape

Due to the rising use of sensor technology in the automotive sector, the global market for automotive sensors presents a significant opportunity for market participants to build their businesses. Another growth strategy that a sizable number of businesses are using to maintain their market share is product creation and enhancement.

Automotive Sensor Market Top Player's Company Profiles

  • Robert Bosch GmbH 
  • ON Semiconductor 
  • TE Connectivity 
  • Continental AG 
  • Infineon Technologies AG 
  • NXP Semiconductors 
  • Denso Corporation 
  • Panasonic 
  • Allegro MicroSystems, Inc. 
  • Sensata Technologies,Inc 
  • Analog Devices, Inc. 
  • ELMOS Semiconductor SE 
  • Aptiv. 
  • CTS Corporation 
  • Autoliv, Inc. 
  • STMicroelectronics 
  • ZF Friedrichshafen AG 
  • Innoviz Technologies Ltd 
  • Valeo S.A. 
  • Magna International Inc.

Automotive Sensor Market

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Automotive Sensor Market size was valued at USD 28.08 billion in 2022 and is poised to grow from USD 32.29 billion in 2023 to USD 98.78 billion by 2031, growing at a CAGR of 15.0% during the forecast period (2024-2031).

Due to the rising use of sensor technology in the automotive sector, the global market for automotive sensors presents a significant opportunity for market participants to build their businesses. Another growth strategy that a sizable number of businesses are using to maintain their market share is product creation and enhancement. 'Robert Bosch GmbH ', 'ON Semiconductor ', 'TE Connectivity ', 'Continental AG ', 'Infineon Technologies AG ', 'NXP Semiconductors ', 'Denso Corporation ', 'Panasonic ', 'Allegro MicroSystems, Inc. ', 'Sensata Technologies,Inc ', 'Analog Devices, Inc. ', 'ELMOS Semiconductor SE ', 'Aptiv. ', 'CTS Corporation ', 'Autoliv, Inc. ', 'STMicroelectronics ', 'ZF Friedrichshafen AG ', 'Innoviz Technologies Ltd ', 'Valeo S.A. ', 'Magna International Inc.'

Some of the key drivers driving the market expansion include the increasing need for sensors in electric and hybrid vehicles, increased pressure sensor application in the automotive industry, and considerable growth in custom-designed automotive electronic devices.

In recent years, the industry expansion has also been significantly fueled by public concern about safety and security.

The region with the greatest presence on the worldwide market is Asia Pacific. In 2021, the region had a sizable revenue share, and in the years to come, it will continue to develop profitably. Rising demand for vehicles with improved safety features and rising purchasing power in the region are the main causes of this. The need for automotive sensors is particularly high in emerging economies in the Asia-Pacific region, including China and India. The region's large consumer base and efforts to promote the green revolution have expanded the use of sensor technologies notably in the automotive industry.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Automotive Occupant Sensing System Market
Buy Now GET FREE SAMPLE
Automotive Pressure Sensors Market
Buy Now GET FREE SAMPLE
Automotive Rain Sensor Market
Buy Now GET FREE SAMPLE
Automotive Knock Sensor Market
Buy Now GET FREE SAMPLE
Sensor Market
Buy Now GET FREE SAMPLE
Automotive Accelerometers Market
Buy Now GET FREE SAMPLE
Automotive Radar Sensors Market
Buy Now GET FREE SAMPLE
Automotive LIDAR Sensors Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Automotive Sensor Market

Report ID: SQMIG20D2053

$5,300
BUY NOW GET FREE SAMPLE