Automotive Sensors Market Growth Analysis By Revenue, Share, Scenario on Latest Trends & Forecast 2022-2031

Posted on 2022-08-19 by Sandeep in Automotive // 0 Comments

New York, 2022-Aug-19 — /EPR Network/ — According to a new market research report published by Global Insight Services “Automotive Sensors Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Automotive sensors are electronic components that detect and measure physical phenomena in automotive systems and convert them into electrical signals that can be read by electronic control units (ECUs). Sensors are used for a variety of purposes, including engine management, transmission control, safety systems, and infotainment systems.

Download a Free PDF Sample Copy of Report – https://www.globalinsightservices.com/request-sample/GIS20099/

Key Players

Robert Bosch
Continental AG
DENSO Corporation
Infineon Technologies AG
BorgWarner, Inc.
Sensata Technologies
Allegro Microsystems Inc.

Key Trends and Drivers

The growth of this market is propelled by the stringent emission and fuel economy norms, increasing demand for luxury and comfort features, and the growing demand for electric vehicles.

The automotive sensors market is expected to be driven by the increasing demand for luxury and comfort features in vehicles. The trend of adding luxury and comfort features in vehicles has been gaining traction in recent years, as consumers are becoming more aware of the available options and are demanding these features in vehicles.

The automotive sensors market is also expected to be driven by the increasing demand for electric vehicles. The electric vehicle market is expected to grow at a significant rate, owing to the stringent emission norms and the need to reduce the dependency on fossil fuels. The sensors play a vital role in electric vehicles, as they are used for various applications such as battery management, motor control, and others.

Get Customized report as per your requirements – https://www.globalinsightservices.com/request-customization/GIS20099/

Market Segments

By Sales Channel

Original Equipment Manufacturer (OEM)
Aftermarket

By Sensor Type

Temperature Sensors
Pressure Sensors
Oxygen Sensors
NOx Sensors
Position Sensors
Speed Sensors
Inertial Sensors
Image Sensors
Others

By Vehicle Type

Passenger Car
LCV
HCV

By Application

Powertrain Systems
Chassis
Exhaust Systems
Safety & Control Systems
Vehicle Body Electronics
Telematics Systems
Others

Reasons to buy Automotive Sensors Market Report:

Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
Develop business and M&A strategies through understanding of latest trends and emerging players in the market
Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

Buy your copy now: https://www.globalinsightservices.com/checkout/single_user/GIS20099/

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Matched content

Editor’s pick