The global automotive sensors market is expected to reach $ 12.79 billion by 2030, with a CAGR of 5.47% during the forecast period 2021-2030

Original Equipment Manufacturers (OEMs) integrate many sensors into their vehicles to meet customer performance requirements for increasing productivity and minimizing vehicle downtime.

New York, July 20, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Automotive Sensors Market – A Global and Regional Analysis: Focus on Application, Product, and Country-Wise Assessment – Analysis and Forecast, 2021 – 2030 “- https://www.reportlinker.com/p06105022//?utm_source=GNW
Companies are developing solutions to deal with problems such as driver fatigue, which is considered a major factor in around 20% of road accidents that occur today.

The increasing demand for automotive sensors in automobiles can be seen in the market, largely due to the increase in government regulations on automotive safety and emission control. The regulations are increasing the demand for automotive sensors in applications such as the body control system, power steering system, air conditioning and anti-brake system (ABS).

These features are being deployed by sensor manufacturers as a popular option in vehicles.

Market segmentation

Global Automotive Sensors Market by Sensor Type

The global automotive sensors market has been segmented on the basis of sensor type including pressure sensor, gas sensor, position sensor, temperature sensor, speed sensor, level sensor, inertial sensor, proximity sensor, sensor flow sensor, knock sensor, force sensor, torque sensor, humidity sensor, others. The temperature sensor segment is believed to dominate the global automotive sensors market.

This is mainly due to one of the main factors such as the strict government standards for exhaust emissions, which increase the deployment of exhaust gas temperature sensors to monitor the proper functioning of the exhaust system. Along with this, the demand for battery temperature sensors in electric vehicles, which are used in the battery cell to measure the temperature and increase its efficiency, and the increased deployment of advanced monitoring systems in the vehicle is also increasing.

Global Automotive Sensors Market by Technology

The global automotive sensors market has been segmented on the basis of technology, including MEMS and non-MEMS. The MEMS segment is expected to be the global market leader in automotive sensors by technology.

These sensors generally exceed the performance of their similar macro-scales. The cost per device of MEMS sensors is much lower than that of their corresponding macro device, because their manufacturing process uses the same batch manufacturing techniques that are used in semiconductor production.

Lower production costs and improved efficiency are increasing the demand for MEMS-based sensors.

Global Automotive Sensors Market by Vehicle Type

The global automotive sensors market has been segmented on the basis of vehicle type, including conventional vehicles (passenger cars, light commercial vehicles (LCVs), heavy trucks, heavy duty buses) and electric vehicles (passenger cars and vehicles). light commercial vehicles). Conventional vehicles are the leading vehicle type in the global automotive sensor market.

Conventional vehicles are automobiles that use the internal combustion engine (ICE) to power the vehicle. Propulsion systems have relied on ICEs for over a century and will be in the market for decades.

Global Automotive Sensors Market by Application

The global automotive sensors market has been segmented on the basis of application including powertrain, chassis, body electronics, safety and control, and exhaust system. The powertrain segment is expected to dominate the market by application.

The powertrain sensors market is driven by factors such as increasing demand for fuel efficiency and declining emissions in vehicles.

Governments are imposing laws and regulations to monitor environmental pollution in regions such as the United States, Europe, and Asia, further forcing OEMs to embrace technological advancements. For example, in the United States, the Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) have taken action and developed programs to reduce greenhouse gas emissions, such as the National Program for Greenhouse Gas Emissions and Fuel Economy Standards. This program includes cars and light trucks and is expected to reduce 2 billion metric tonnes of greenhouse gas emissions and 4 billion barrels of oil in the 2017-2025 model year.

Global Automotive Sensors Market by Region

The global automotive sensors market has been segmented on the basis of North America, Europe, UK, China, Asia-Pacific & Japan, South America, Middle East & Africa regions. China is among the top countries in terms of vehicle production. The country is a hub for many car manufacturers, which in turn contributes to the demand for auto sensors in the region.

Key Market Players and Competition Summary

The main companies operating in the market are Continental AG, Robert Bosch GmbH, TE Connectivity, Sensata Technologies, Inc., Denso Corporation, BorgWarner, ZF Friedrichshafen AG, Infineon Technologies, STMicroelectronics, Hella GmbH, NXP Semiconductors, Analog Devices, Inc., Melexis, CTS Corporation, Allegro Microsystems, Inc.

Covered countries
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• Spain
• France
• The rest of Europe
• UK
• China
• Asia-Pacific and Japan (APJ)
• Japan
• South Korea
• India
• Rest of Asia-Pacific and Japan
• South America
• Middle East and Africa
Read the full report: https://www.reportlinker.com/p06105022//?utm_source=GNW

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