Automotive Sensors Market Size, Share, and Growth 2024-2031
Automotive Sensors Market: Strategic Insights
Automotive Sensors Market
-
CAGR (2023 - 2031)5.8% -
Market Size 2023
US$ 29.83 Billion -
Market Size 2031
US$ 46.80 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Sales of passenger cars with Stringent Government Rules and Regulations is expected to be the Prime Driver for the Global Automotive Sensors Market.
FUTURE TRENDS
- Increasing EV sale acriss the globe is driving the automotive sensors market growth
OPPORTUNITIES
- Increased Adoption of Connected Cars is Expected to Create an ample Opportunity for Market Growth.
Key Players
- Continental AG
- Delphi Automotive
- First Sensor AG
- Denso Corporation
- Robert Bosch GmbH
- Infineon Technologies
- NXP Semiconductors
- Analog Devices
- CTS Corporation
- Autoliv Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- LED
- Image Sensors
- Position Sensors
- Temperature Sensors
- Pressure Sensors
- MEMS
Application
- Chassis
- Safety & Security
- Body Electronics
- Powertrain
- ADAS
Vehicle Type
- LCV
- HCV
- Passenger Car