Automotive Sensor Market was valued at USD 13.5 Bn. in 2023 and is expected to reach USD 23.44 Bn. by 2030, at a CAGR of 8.2 % during the forecast period.
Automotive Sensor Market Overview
Stellar Market Research, an Automotive Sensor business research firm has published a report on the “Automotive Sensor Market”. As per the “Automotive Sensor report,” the total market for Automotive Sensor Market was USD 980.52 Bn in 2023 and is expected to reach USD 151.13 Bn. by 2030.
Automotive Sensor Market Report Scope and Research Methodology
The report on the Market covers an in-depth analysis of the industry. Key insights of the report include the Automotive Sensor Market size and the growth rate. The report also helps to rectify and resolve issues related to the market situation. The study discusses the Automotive Sensor market's Drivers, Restraints, Opportunities, and Challenges.
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Data was gathered from a variety of secondary sources, including annual reports, investor presentations, SEC filings, and other business periodicals. Such an analysis provides valuable information on market penetration, regional dominance and growth strategies adopted by the key players in the market.
Automotive Sensor Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Automotive Sensor market status in various countries. The Automotive Sensor market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Automotive Sensor Market Segmentation
By Type
Oxygen sensor
Mass airflow sensor
Radar sensors
LiDAR
Pressure sensors
Engine speed sensor
Others
By Sales Channel
Original Equipment Manufacturer (OEM)
Aftermarket
By Application
Powertrain
Chassis
Body Electronics
Safety Security
Telematics
Others
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Automotive Sensor Market Key Players
North America:
Texas Instruments (United States)
Sensata Technologies (United States)
Delphi Technologies (United Kingdom)
Allegro Microsystems (United States)
Analog Devices, Inc. (United States)
CTS Corporation (United States)
Honeywell International Inc. (United States)
3M (United States)
Europe:
Bosch (Germany)
Continental AG (Germany)
STMicroelectronics (Switzerland)
Melexis NV (Belgium)
HELLA GmbH Co. KGaA (Germany)
Valeo SA (France)
First Sensor AG (Germany)
Infineon Technologies AG (Germany)
TE Connectivity (Switzerland)
Asia Pacific:
Denso Corporation (Japan)
Panasonic Corporation (Japan)
Murata Manufacturing Co., Ltd. (Japan)
Renesas Electronics Corporation (Japan)
ROHM Semiconductor (Japan)
Nidec Corporation (Japan)
Mitsubishi Electric Corporation (Japan)
Aisin Seiki Co., Ltd. (Japan)
Key questions answered in the Automotive Sensor Market are:
- What is Automotive Sensor?
- What was the Automotive Sensor market size in 2023?
- What is the growth rate of the Automotive Sensor Market?
- Which are the factors expected to drive the Automotive Sensor market growth?
- What are the different segments of the Automotive Sensor Market?
- What growth strategies are the players considering to increase their presence in Automotive Sensor?
- What are the upcoming industry applications and trends for the Automotive Sensor Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Sensor Market?
- What segments are covered in the Automotive Sensor Market?
- Who are the leading companies and what are their portfolios in Automotive Sensor Market?
- What segments are covered in the Automotive Sensor Market?
- Who are the key players in the Automotive Sensor market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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