Rise in demand for vehicle electrification, formulation of stringent government regulations related to emissions will drive the automotive sensors market.

VANCOUVER, BRITISH COLUMBIA, CANADA, May 11, 2023 /EINPresswire.com/ -- Emergen Research’s latest market research report focuses on the global Automotive Sensors Market, and the report provides in-depth analysis of each of its major segments. Reports about the global Automotive Sensors market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios Automotive Sensors industry projections and qualitative and quantitative assessments have been provided by the report's authors.

The Global Automotive Sensors Market is projected to reach USD 48.29 billion in 2027. The continual development in automotive electronics sensors application and technology, the rising concern for safety, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and increasing use of sensors in hybrid semi hybrid and electric cars are boosting the demand of automotive sensors market

To avail Sample Copy of the report@https://www.emergenresearch.com/request-sample/96

Usage of sensors have been enormous in automotive. Sensors are being used in almost all parts of the vehicle like chassis, engines, clutch, brakes, transmission, control, and safety. Automotive sensors are majorly used in powertrains to monitor speed, position, pressure, gas, and temperature inside the engine. These sensors are required for safe and efficient operations of powertrains. Emission regulations and stringent fuel-efficiency norms formulated by several governments of different countries are propelling the growth of the market in this segment. Meeting analog information related to temperature and pressure of automobiles for use by their digital control units is critical to meet desired fuel-efficiency and emission regulations. These sensors help vehicle’s engines in burning fuel more efficiently by providing precise data to engines to improve the fuel efficiency according to requirements of the vehicles.

Further key findings from the report suggest

LiDAR sensor is the most important sensor for an autonomous automotive vehicle. Self-driving or autonomous vehicles being tested by companies such as Uber, Alphabet, Toyota, and others rely heavily on these types of sensors to locate themselves on the detailed maps they need to get around and to identify things like other vehicles and pedestrians.

The chassis application segment will also show steady growth in this market over the forecast period. The growth is majorly attributed to the chassis sensor capability to provide safety to the passenger and driver, which controls and handles a vehicle with stability

By the vehicle type, the passenger car segment is expected to retain its pole position in the automotive sensors market owing to the rising demand for safe and high-performance vehicles in the emerging countries.

China is the key country and holds a significant share for the automotive sensors market in the APAC region. Other countries like South Korea, Japan, and India have also experienced a surge in the installation of automotive sensors.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Automotive Sensors market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Robert Bosch, Continental AG, Delphi Automotive, Denso Corporation, Infineon Technologies, Sensata Technologies, Allegro Microsystems, Analog Devices, Elmos Semiconductor, and CTS Corporation, among others.

Regional Landscape section of the Automotive Sensors report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Click here to Get customization @ https://www.emergenresearch.com/request-for-customization/96

Automotive Sensors Market Segmentation:

The report bifurcates the Automotive Sensors market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

For the purpose of this report, Emergen Research has segmented into the global Automotive Sensors Market on the basis of Type, Vehicle Type, Propulsion, Applications, and region:

Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Temperature

Thermocouple

Thermistor

MEMS

Resistance temperature detector

IC temperature sensor

Others

Pressure

MEMS

Strain gauges

Ceramic pressure sensors

Position

Angular

Linear

Oxygen

NOx

Speed

Inertial

Accelerometers

Gyroscopes

Image

Complementary Metal Oxide Semiconductors (CMOS)

Charge-coupled Devices (CCD)

Radars

Ultrasonic

Proximity

LiDAR

Others

Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Passenger Vehicle

Mid-sized car

Sedan

Minivan

Convertible

Crossover

Hatchback

Others

Light Commercial Vehicle (LCV)

Compact

Utility Vehicle

Supermini

Light Truck

Others

Heavy Commercial Vehicle (HCV)

Mobile Truck

Limo

Recreational Vehicle

Towing Truck

Fire Trucks

Others

Propulsion Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Electric Vehicles

Battery Electric Vehicle

Fuel Cell Electric Vehicle

Hybrid Electric Vehicle

Plug-in Hybrid Electric Vehicle

Gasoline Powered

Applications Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Powertrain

Chassis

Exhaust

Safety & Control

Body Electronics

Telematics

ADAS

Others

 Browse Detailed Research report @ https://www.emergenresearch.com/industry-report/automotive-sensors-market

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

Target Audience of the Global Automotive Sensors Market Report:

Key Market Players

Investors

Venture capitalists

Small- and medium-sized and large enterprises

Third-party knowledge providers

Value-Added Resellers (VARs)

Global market producers, distributors, traders, and suppliers

Research organizations, consulting companies, and various alliances interested in this sector

Government bodies, independent regulatory authorities, and policymakers

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

Look Over transcripts provided by Emergen Research

Medical Tapes and Bandages Market: https://www.emergenresearch.com/industry-report/medical-tapes-and-bandages-market

Sterilization Equipment Market: https://www.emergenresearch.com/industry-report/sterilization-equipment-market

Infection Control Market: https://www.emergenresearch.com/industry-report/infection-control-market:

Heart Pump Device Market: https://www.emergenresearch.com/industry-report/heart-pump-device-market

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Eric Lee
Emergen Research
+91 90210 91709
sales@emergenresearch.com
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.