Automotive Sensors Market Report Analysis 2021 – 2031 | Global Industry Growth, COVID-19 Business Impact Analysis, Research Report, Trends with Top Key Players
Automotive Sensors Market Snapshot
As per a Future Market Insight (FMI) analysis, the automotive sensors sales is expected to rise at a year-on-year (YoY) growth of 5.5 %, totaling US$ 36.7 billion in 2021. The increasing demand for excellent security and tracking system in vehicles will drive the automotive sensor sales at 7.2% CAGR throughout the forecast period from 2021 to 2031.
NXP Semiconductors N.V., TE Connectivity, Continental AG, Denso Corporation, Robert Bosch GmbH are identified as leading players in automotive sensor market. They will collectively account for nearly 30% of global market share in 2021.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Future Market Insights to arrive at various estimations and projections of the Automotive Sensors Market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Automotive Sensors Market.
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Impact of COVID-19 on Industry
The automotive market growth is anticipated to be hampered owing to the unprecedented COVID-19 pandemic. The market growth declined drastically when the manufacturing units experienced shutdowns for months and a deficiency in raw materials supply and shortage of human resources Owing to the ongoing crisis caused by the COVID-19 pandemic, the production, and supply chain activities have seen a minor slump. However, the market is likely to face a swift turnaround as the economy starts to stabilize.
Key Players
Some of the prominent players identified in the global Automotive Sensors market are Continental AG, Robert Bosch GmbH, Denso Corporation, and TE Connectivity.
Automotive Sensors Market: Segmentation
The global automotive sensors market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
Sensor Type
- Position Sensors
- Clutch Position Sensors
- Gear Position Sensors
- Throttle Position Sensors
- Crankshaft Position Sensors
- Steering Angle Position Sensors
- Camshaft Position Sensors
- Safety Sensors
- Seat Belt Sensors
- Brake Switch Sensors
- Door Switch Sensors
- ADAS Sensors
- Blind Spot Detection
- Night Vision Sensors
- Light Sensors
- Parking Sensors
- Cruise Control
- Impact Sensors
- Anti-theft Sensors
- Knock Detection Sensors
- Level Sensors
- Fuel Level Sensors
- Coolant Level Sensors
- Oil Level Sensors
- Oxygen Sensors
- Pressure Sensors
- Tire Pressure Sensors
- EGR Pressure Sensors
- Airflow Rate Sensors
- Temperature Sensors
- Engine Coolant Temperature Sensors
- Rain/humidity Sensors
- Oil/Fuel Temperature Sensors
- Battery Temperature Sensors
- Air Temperature Sensors
- Speed Sensors
- Wheel Speed Sensors
- Speedometer
Vehicle Type
- Passenger Cars
- Compact
- Midsize
- Luxury
- SUVs
- LCVs
- HCVs
Sales Channel
- OEMs
- OES
- IAM
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- South East Asia & Pacific
- Middle East & Africa
- Japan
- China
- India
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Queries Solved
- What are the size of the overall Automotive Sensors Market in the Automotive market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the Automotive Sensors Market in the Automotive market, and how they are expected to impact the market?
- What are the attractive investment opportunities within the Automotive Sensors Market in the Automotive market?
- What is the Automotive Sensors Market in Automotive market size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in Automotive Sensors Market in the Automotive market?
- What are the recent trends in Automotive Sensors Market in the Automotive market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Automotive Sensors Market in Automotive market growth?
- What are the key market trends impacting the growth of the Automotive Sensors Market in the Automotive market?
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