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Global Automotive Sensors Market Research Report: Forecast (2022-27)

By Sensor Type (Temperature, Pressure, Speed, Position, Others (Magnetic, Gas, Inertial, etc.)) By Application (Powertrain, Chassis, Exhaust, Telematics, Safety & Control) By Vehic......le Type (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), By Sales Channel (OEMs, Aftermarket) By Region (North America, South America, Europe, Asia-Pacific) By Company (Allegro Microsystems, LLC, BorgWarner, Inc., CTS Corporation , Continental AG , Denso Corporation , Elmos Semiconductor, Infineon Technologies AG , NXP Semiconductors, Robert Bosch GmbH , STMicroelectronics, Texas Instruments Incorporated, Others) Read more

Automotive
May 2022
Pages 211
Report Format: PDF, Excel, PPT

Market Definition

Automotive sensors are crucial components of a vehicle's Electronic Control Unit (ECU) that track its aspects, such as fuel consumption, pollution, coolant levels, speed, engine, etc. They transmit signals to the ECU that makes adjustments, and if it fails to make the required changes, it sends a warning sign to the driver. Their role is to ensure efficient & safe operations of vehicles by detecting, analyzing, & managing the performance of their internal & external environments.

Market Insights

The Global Automotive Sensors Market is expected to observe around 6.8% CAGR in the forecast period of 2022-27. The market growth is likely to be driven primarily by the rapidly surging automobile production worldwide, the emerging trend of electrification in the automotive sector, and mounting customer requirements for enhanced comfort & safety in vehicles.

Report Coverage	Details
Study Period	Historical Data: 2017-20
	Base Year: 2021
	Forecast Period: 2022-27
CAGR (2022-2027)	6.8%
Regions Covered	North America: USA, Canada, Mexico
	Europe: The UK, France, Spain, Italy, Germany, Rest of Europe
	Asia-Pacific: China, India, Japan, South Korea, South East Asia, Rest of Asia-Pacific
	South America: Brazil, Argentina
	Middle East & Africa: GCC, South Africa, Rest of Middle East & Africa
Key Companies Profiled	Allegro Microsystems, LLC, BorgWarner, Inc., CTS Corporation , Continental AG , Denso Corporation , Elmos Semiconductor, Infineon Technologies AG , NXP Semiconductors, Robert Bosch GmbH , STMicroelectronics, Texas Instruments Incorporated, Others
Unit Denominations	USD Million/Billion

Besides, the growing customer interest in alternative fuel vehicles to reduce carbon footprints, owing to strict government regulations for automobile safety & emission control across different countries, is another prominent aspect leading to the burgeoning deployment of more advanced automotive sensors in vehicles and boosting the global market.

Automotive Original Equipment Manufacturers (OEMs) nowadays are integrating numerous sensors into their vehicles to suffice surging user requirements for enhanced performance & reduced downtime. Some car companies are even introducing advanced solutions to address 'Driver Fatigue,' i.e., a notable contributor to road accidents.

Moreover, the surging penetration of hybrid & Electric Vehicles (EVs), technological advancements in ADAS (Advanced Driver Assistance Systems), and various innovations in autonomous & connected cars are other crucial aspects projected to accelerate the growth of the Global Automotive Sensors Market through 2027.

Introduction
1. Product Definition
2. Research Process
3. Market Segmentation
4. Assumptions
Executive Summary
Impact of COVID-19 on Global Automotive Sensors Market
Global Automotive Sensors Market Trends & Insights
Global Automotive Sensors Market Dynamics
1. Drivers
2. Challenges
Global Automotive Sensors Market Policies, Regulations, Product Standards
Global Automotive Sensors Market Value Chain Analysis
Global Automotive Sensors Market Hotspots & Opportunities
Global Automotive Sensors Market Outlook, 2017-2027
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Sensor Type
    1. Temperature
    2. Pressure
    3. Speed
    4. Position
    5. Others (Magnetic, Gas, Inertial, etc.)
  2. By Application
    1. Powertrain
    2. Chassis
    3. Exhaust
    4. Telematics
    5. Safety & Control
  3. By Vehicle Type
    1. Passenger Cars
    2. Light Commercial Vehicles (LCV)
    3. Heavy Commercial Vehicles (HCV)
  4. By Sales Channel
    1. OEMs
    2. Aftermarket
  5. By Region
    1. North America
    2. South America
    3. Europe
    4. Asia-Pacific
  6. By Company
    1. Revenue Shares
    2. Competition Characteristics
North America Automotive Sensors Market Outlook, 2017-2027
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Sensor Type
  2. By Application
  3. By Vehicle Type
  4. By Sales Channel
  5. By Country
    1. The US
    2. Canada
    3. Mexico
South America Automotive Sensors Market Outlook, 2017-2027
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Sensor Type
  2. By Application
  3. By Vehicle Type
  4. By Sales Channel
  5. By Country
    1. Brazil
    2. Rest of South America
Europe Automotive Sensors Market Outlook, 2017-2027
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Sensor Type
  2. By Application
  3. By Vehicle Type
  4. By Sales Channel
  5. By Country
    1. The UK
    2. France
    3. Germany
    4. Italy
    5. Spain
    6. Rest of Europe
Asia-Pacific Automotive Sensors Market Outlook, 2017-2027
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Sensor Type
  2. By Application
  3. By Vehicle Type
  4. By Sales Channel
  5. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of Asia-Pacific
Global Automotive Sensors Market Key Strategic Imperatives for Growth & Success
Competition Outlook
1. Competition Matrix
  1. Brand Specialization
  2. Target Markets
  3. Target End Users
  4. Research & Development
  5. Strategic Alliances
  6. Strategic Initiatives
2. Company Profiles
  1. Allegro Microsystems, LLC
  2. BorgWarner, Inc.
  3. CTS Corporation
  4. Continental AG
  5. Denso Corporation
  6. Elmos Semiconductor
  7. Infineon Technologies AG
  8. NXP Semiconductors
  9. Robert Bosch GmbH
  10. STMicroelectronics
  11. Texas Instruments Incorporated
  12. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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