Automotive Sensor Market Size, Status, Top Players, Trends and Forecast to 2030

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Automotive Sensor Market size was US$ 13.5 Bn in 2023 and is expected to reach US$ 23.44 Bn by 2030, at a CAGR of 8.2% during the forecast period.

Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Automotive Sensor Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the market, with forecasts outspreading to the year 2030.

Market Scope:

The data required for the analysis was collected using primary and secondary data collection methods. Numerous methods, such as surveys and questionnaires, are used in the data collection process under primary method. Secondary sources includes articles, government publications, annual reports along with paid sources such as Bloomberg, Statista, DB Hoovers for collecting data.  

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Segmentation:

by Type

Oxygen sensor
Mass airflow sensor
Radar sensors
LiDAR
Pressure sensors
Engine speed sensor
Others

by Application

Powertrain
Chassis
Body Electronics
Safety Security
Telematics
Others

Key Players:

North America:
1. Texas Instruments (United States)
2. Sensata Technologies (United States)
3. Delphi Technologies (United Kingdom)
4. Allegro Microsystems (United States)
5. Aptiv PLC (Ireland)
6. Analog Devices, Inc. (United States)
7. CTS Corporation (United States)
8. Honeywell International Inc. (United States)
9. 3M (United States)

Europe:
10. Bosch (Germany)
11. Continental AG (Germany)
12. STMicroelectronics (Switzerland)
13. Melexis NV (Belgium)
14. HELLA GmbH Co. KGaA (Germany)
15. ZF Friedrichshafen AG (Germany)
16. Valeo SA (France)
17. First Sensor AG (Germany)
18. AMS AG (Austria)
19. Elmos Semiconductor AG (Germany)
20. Infineon Technologies AG (Germany)
21. TE Connectivity (Switzerland)

Asia Pacific:
22. Denso Corporation (Japan)
23. Panasonic Corporation (Japan)
24. Murata Manufacturing Co., Ltd. (Japan)
25. Renesas Electronics Corporation (Japan)
26. ROHM Semiconductor (Japan)
27. Omron Corporation (Japan)
28. Nidec Corporation (Japan)
29. Mitsubishi Electric Corporation (Japan)
30. Aisin Seiki Co., Ltd. (Japan)

Regional Analysis:

Individual market influencing variables and changes in market laws that affect present and future market trends are also included in the regional segment of the Automotive Sensor market study. Consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material pricing, and downstream and upstream value chain analysis are some of the primary factors utilized to anticipate market conditions for individual nations.

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Key Questions Answered in the Automotive Sensor Market Report are:

  • What growth strategies are the players considering to increase their presence in Automotive Sensor?
  • Who are the leading companies and what are their portfolios in Automotive Sensor Market?
  • Who are the key players in the Automotive Sensor market?
  • What is the CAGR at which the Automotive Sensor market will grow during the forecast period?

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About Maximize Market Research:

A comprehensive market research and consulting firm, Maximize Market Research employs professionals from a range of industries. Automotive, general commerce, beverages, automated systems, electronics, industrial equipment, science and engineering, technology and communication, and automobiles are among the industries we serve. Competitive analysis, client impact studies, production and demand analysis, technical trend analysis, industry estimations validated by the market, and substantial market research are some of the services we offer.

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