Report Highlights
The global market for automobile sensors should grow from $25.9 billion in 2020 to $78.9 billion by 2025, at a compound annual growth rate (CAGR) of 13.4% for the period of 2020-2025.
Report Includes
- 94 data tables and 31 additional tables
- An overview of the global markets for automotive sensor technologies
- Analyses of global market trends with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2026
- Market share analysis of sensors for automotive vehicles by technology type, end user, application segment and major geographical regions covering North America, Europe, APAC and Rest of the World
- A look at the development and deployment of number of sensing technologies and details of the advanced electronic systems, and their challenges
- Information on advance driver assistance systems (ADAS) and hybrid and electric vehicles and discussion on the increased demand for convenience, comfort, safety, efficiency and environmental protection, all of which are contributing to the growth of the market
- Detailed analysis of the current market trends, market forecast, drivers, challenges, and opportunities affecting market growth and discussion of technological, regulatory and competitive elements as well as economic trends affecting the future marketplace for vehicular sensor technologies
- Coverage of U.S. patents issued for developments in automotive sensor technologies by all major categories including year of issue, country, number of patents issued to different companies and type of technology or process
- Company profiles of major sensors manufacturers including ABB Ltd., Bosch Sensortec Gmbh, Crossbow Technologies Inc., ELESYS North America Inc., Hitachi Automotive Systems, Honeywell Sensing & Controls, Sumitomo Electric Industries Ltd., and Valeo S.A.
Report Scope
Systems controlled by sensors have become integral in today’s automobiles, and this has made most electro-mechanical devices better refined and more efficient. The development and deployment of numerous sensing technologies support and enable the introduction of advanced electronic systems, although there are challenges regarding robustness, reliability, quality and cost. New sensors are emerging to improve system functionality and to enable future advanced systems, but existing sensors will also continue to find new applications and build upon their past records of performance. This report will study the areas in the production of an automobile that have advanced with the use of sensors and the markets for these sensors in various applications and regions.
For this report, automobiles are considered to include all passenger cars, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), buses and specialized vehicles (e.g., racing cars, semi-automatic vehicles, autonomous vehicles).
Analyst Credentials
Srinivasa Rajaram is a mechanical engineer with more than 45 years of experience designing factory layouts and setting up factories. He has established factories for the production of weighing and dynamic balancing machines in India and has experience in the design, production and servicing of that equipment. He was senior vice president at M/S Schenck Avery Ltd., an Indo-German joint venture, and has set up an automatic paint shop for painting various components of weighing and dynamic balancing equipment.
Report Highlights
The global market for automobile sensors should grow from $35.4 billion in 2018 to $66.2 billion by 2023 at a compound annual growth rate (CAGR) of 13.4% from 2018 to 2023.
Report Includes
- 97 data tables and 28 additional tables
- Industry analysis and a brief overview of the global markets for automotive sensor technologies
- Analyses of global market trends with data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Qualitative and quantitative study of sensors for automotive vehicles’ market by technology type, end user, application segment and major geographical regions covering North America, Europe, APAC and Rest of the World
- Details on key areas in the production of an automobile that have advanced with the use of sensors, and the markets for these sensors in various applications and regions
- A look at the development and deployment of number of sensing technologies and the introduction of advanced electronic systems, and the challenges regarding their robustness, reliability, quality and cost
- Information on the increased demand for convenience, comfort, safety, efficiency and environmental protection, all of which are contributing to the growth of the market
- Discussion of technological, regulatory and competitive elements as well as economic trends affecting the future marketplace for vehicular sensor technologies
- Coverage of U.S. patents issued for developments in automotive sensor technologies by all major categories including year of issue, country, number of patents issued to different companies and type of technology or process
- Examination of the competitive landscape and company profiles of major sensors manufacturers, including Analog Devices Inc. (ADI), Autoliv Inc., Continental Automotive Electronics LLC, Continental AG, Delphi Automotive PLC, GE Measurement & Control Solutions, Hitachi Automotive Systems, Honeywell Sensing & Controls and Valeo S.A.
Report Highlights
The global market for automobile sensors reached nearly $23.5 billion in 2015, $26.3 billion in 2016, and should reach $43.4 billion by 2021, a five year compound annual growth rate (CAGR) of 10.6% from 2016 to 2021.
Report Includes
- An overview of the global markets for automotive sensor technology, where automobiles are considered to include all passenger cars, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs) and buses.
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- Details covering key areas in the production of an automobile that have advanced with the use of sensors, and the markets for these sensors in various applications and regions.
- A look at the development and deployment of a number of sensing technologies and the introduction of advanced electronic systems, and the challenges regarding their robustness, reliability, quality and cost.
- Information on the increased demand for convenience, comfort, safety, efficiency and environmental protection, all of which are factors driving market growth.
- Profiles of leading companies in the industry.
Report Highlights
BCC Research estimates that the global market for automobile sensors will grow from $22.1 billion in 2015 to reach nearly $35.2 billion in 2020, a compound annual growth rate (CAGR) of 9.7% for the five year period.
Report Includes
- An overview of the global market for automotive sensor technology.
- Analyses of global market trends, with estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- Details on key areas in the production of an automobile that have advanced with the use of sensors, and the markets for these sensors in various applications and regions.
- Information on the increased demand for convenience, comfort, safety, efficiency and environmental protection, all of which are factors driving market growth.
- Profiles of leading companies in the industry.
Report Highlights
The global market for automobile sensors was $14.1 billion in 2011 and is expected to reach nearly $15.2 billion by 2012. BCC projects this market to grow at a compound annual growth rate (CAGR) of 7.7% reaching $22.1 billion in 2017.
Report Highlights
- The market for automotive sensors fell from $12.7 billion in 2008 to $12.6 billion in 2009. Longer term growth is expected, rising at a compound annual growth rate (CAGR) of 7.7% over the period 2010 to 2015 to reach $19.1 billion by 2015, bolstered by new application opportunities and emerging regions.
- The applications of sensors in automobiles using alternate fuels will experience the highest compound annual growth rate (CAGR) of 12.7%, increasing in value from $950 million in 2010 to $1.7 billion in 2015.
- The market for sensors in power-train applications is expected to be higher than other applications, increasing from $6 billion in 2010 to $8.6 billion in 2015, a compound annual growth rate (CAGR) of 7.3%.
Report Highlights
- The global market for automotive sensor technologies increased from $7.3 billion in 2006 to an estimated $8.0 billion by the end of 2007. It should reach $13.5 billion by 2012, a compound annual growth rate (CAGR) of 10.8%.
- Power train sensors account for the largest share of the market, worth an estimated $4.7 billion in 2007 and expected to reach $7.7 billion by 2012, a CAGR of 10.5%.
- In the future, sensor technology will manage driver commutes, help avoid accidents and conduct body scans to put people in the most comfortable driving position.
Report Highlights
- The more than $10 billion worldwide automotive sensor market in 2005 will continue to increase at an average annual growth rate (AAGR) of 6% to $14.2 billion in 2010.
- Automotive safety represents a growing and the most stable market due to influences from national governments, consumers and the automakers themselves. Through 2010, this segment will show the most expansion at an AAGR of 13.7%. In-cabin systems will rise at an AAGR of 6.2%.
- During the period, position, speed and oxygen sensors will rise at an AAGR of 6.7 %; pressure and acceleration sensors, 5.6 %; and mass airflow, temperature and other sensors, 4.5%.
- Position, speed and oxygen sensors will remain the largest market segment, rising from $6.2 billion in 2005 to $8.6 billion in 2010.
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