Automotive sensors are intelligent systems that control and process the pressure of oil, level of emission, temperature, and coolant levels. These sensors also check for various aspects such as fuel-air mixture, incoming air temperature, wheel speed, and manifold pressure for different type of vehicles including cars, trucks, buses, and electronic vehicles. There are numerous types of sensors used in the automotive industry that includes temperature sensors, pressure sensors, magnetic sensors, voltage sensors, speed sensors, coolant sensors, and oxygen sensors among other sensors.

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The automotive sensors market is expected to grow at a prominent rate during the forecast period. This can be attributed to several driving factors including rapidly growing motor vehicle production globally, rising demand for vehicle electrification, and increase in the demand of consumers for better safety and comfort in vehicles. In addition to this, formulation of stringent government regulations related to emissions and growing demand of alternative fuel vehicles such as electric vehicles, hybrid electric vehicles, solar-powered vehicles owing to the minimized pollution and increased energy security have led to the significant growth in the demand for automotive sensors.

The increasing automation in the automotive industry due to the introduction of electronic devices and the installation of ADAS (advanced driver assistance systems), transmission systems, climate control, powertrain, safety systems, and exhaust and the inclusion of new technologies and systems including anti-lock braking system (ABS), electronic brakeforce distribution (EBD), airbags, and traction control, tire pressure monitoring systems (TPMS), and navigation system (GPS) are certain other factors that are anticipated to drive the growth of automotive sensor industry during the forecast period. However, low sales volume of diesel passenger cars and high development cost of automotive sensors are expected to hamper the growth of the market over the forecast period.

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Based on the sales channel, the market is segmented into OEM and aftermarket. The original equipment manufacturer (OEM) segment is expected to dominate the market owing to the growing adoption of different types of sensors in passenger cars and commercial vehicles. The rapid increase in the integration of safety systems in vehicles has further surged the demand of OEM for these sensors in the automotive industry.

Based on sensor type, the market is segmented into temperature, pressure, position, oxygen, nitrogen oxide, speed, inertial, image, and others. Position sensors segment is expected to grow at a higher CAGR during the forecast period. This can be attributed to the widespread use of position sensors for various applications such as for camshaft position sensing, throttle position sensing, crankshaft position sensing, fuel level sensing, brake fluid indication, brake pedal position sensing, seat and headrest position sensing, clutch pedal position sensing, accelerator pedal position sensing among other applications.

Based on vehicle type, the market is segmented into passenger cars, LCVs, and HCVs. The passenger cars segment is projected to grow at a faster CAGR over the forecast period owing to the increased utilization of sensors in passenger cars for enhancing the safety of passengers, reducing emissions, and improving the performance of cars. The rise in demand for autonomous cars and the adoption of advanced driver assistance system (ADAS) technology in passenger cars are further accelerating the growth of the market.

Based on application, the market is segmented into powertrain, chassis, exhaust, safety & control, body electronics, telematics, and others. The powertrain segment is anticipated to hold a notable share in the automotive sensors market primarily due to the use of sensors in the efficient and safe operations of powertrains together with the increasing use of powertrains in monitoring position, speed, temperature, gas, and pressure in automobiles.

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Based on the region, Asia-Pacific region is anticipated to lead the automotive sensors market during the forecast period. This is primarily due to the growing automotive industry, coupled with rise in the number of compact and cost-effective passenger cars production in the region. The growing economies including China, Japan, India, and South Korea in the region, increasing per capita income of the middle-class population, coupled with the increasing demand for automobiles are further expected to contribute to surge the demand of automotive sensors during the forecast period in the region. On the other hand, North America is projected to grow at a higher CAGR in the automotive sensors market owing to the stringent fuel-efficiency and emission regulations formulated by governments together with the growing demand of electric vehicles in the region. Moreover, rapid economic development, increased standard of living, and demand for more efficient and safer vehicles are further supporting the market growth in the region.

Various notable players operating in the global Automotive Sensors market include Robert Bosch GmbH, Continental AG, BorgWarner Inc., Denso Corporation, Infineon Technologies AG, Sensata Technologies, Inc., Allegro MicroSystem, LLC, Analog Devices, Inc., Elmos Semiconductor SE, and CTS Corporation among other companies. 

Key Developments:

• • In 2020, Aeva Inc. partnered with auto supplier ZF Friedrichshafen AG to produce key self-driving sensors for self-driving vehicles. This partnership is expected to enhance the product portfolio of both the companies.
  • In 2020, Robert Bosch has developed a long-range LIDAR systems. These systems use light sensors for generating a three-dimensional view of the road that help in improving the ability of autonomous cars for perceiving traffic and other obstacles.
  • In 2020, Infineon Technologies AG acquired Cypress Semiconductor Corporation. With this acquisition, Cypress will add a differentiated portfolio of microcontrollers, connectivity components, software ecosystems and high-performance memories that will help in enhancing the semiconductors, automotive microcontrollers, sensors and security solutions segments of Infineon Technologies AG.

The global automotive sensors market has been segmented on the sales channel, sensor type, vehicle type, application, and region. On the basis of sales channel, the market is segmented into OEM and aftermarket. On the basis of sensor type, the market is segmented into temperature, pressure, position, oxygen, nitrogen oxide, speed, inertial, image, and others. On the basis of vehicle type, the market is segmented into passenger cars, LCVs, and HCVs. On the basis of application, the market is segmented into powertrain, chassis, exhaust, safety & control, body electronics, telematics, and others.

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Key questions answered in this research report:

• • At what pace is global Automotive Sensors market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Automotive Sensors market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Automotive Sensors market?
  • Which sensor type generated maximum revenues in 2019 and identify the most promising sensor type during the forecast period?
  • What are the various applications of global Automotive Sensors market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Sales Channel, By Sensor Type, By vehicle Type, by Application, and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Robert Bosch GmbH, Continental AG, BorgWarner Inc., Denso Corporation, Infineon Technologies AG, Sensata Technologies, Inc., Allegro MicroSystem, LLC, Analog Devices, Inc., Elmos Semiconductor SE, and CTS Corporation among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Automotive Sensors Market by Sales Channel

• • Original Equipment Manufacturer (OEM)
  • Aftermarket

Global Automotive Sensors Market by Sensor Type

• • Temperature Sensors
  • Pressure Sensors
  • Position Sensors
  • Oxygen Sensors
  • Nitrogen Oxide Sensors
  • Speed Sensors
  • Inertial Sensors
  • Image Sensors
  • Other Sensors

Global Automotive Sensors Market by Vehicle Type

• • Passenger Cars
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

Global Automotive Sensors Market by Application

• • Powertrain
  • Chassis
  • Exhaust
  • Safety & Control
  • Body Electronics
  • Telematics
  • Others

Global Automotive Sensors Market by Region

• • North America Automotive Sensors Market (Option 1: As a part of the free 25% customization)
    • North America Market by Sales Channel
    • North America Market by Sensor Type
    • North America Market by Vehicle Type
    • North America Market by Application
    • US Market All-Up
    • Canada Market All-Up
  • Europe Automotive Sensors Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Sales Channel
    • Europe Market by Sensor Type
    • Europe Market by Vehicle Type
    • Europe Market by Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Automotive Sensors Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Sales Channel
    • Asia-Pacific Market by Sensor Type
    • Asia-Pacific Market by Vehicle Type
    • Asia-Pacific Market by Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Automotive Sensors Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Sales Channel
    • RoW Market by Sensor Type
    • RoW Market by Vehicle Type
    • RoW Market by Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Automotive Sensors Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Robert Bosch GmbH
  • Continental AG
  • BorgWarner Inc.
  • Denso Corporation
  • Infineon Technologies AG
  • Sensata Technologies, Inc.
  • Allegro MicroSystem, LLC
  • Analog Devices, Inc.
  • Elmos Semiconductor SE
  • CTS Corporation