An Incisive, In-depth Analysis on the Automotive Sensors Market
This study offers a comprehensive, 360 degree analysis on the Automotive Sensors market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Automotive Sensors market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Factors Shaping Global Automotive Sensors Market
Spotlight on Driver Safety to Boost Demand for Automotive Sensors
Regions such as Western Europe and North America, are developed, with abundant demand for automobiles. Governments and ruling authorities in these regions have imposed stringent regulations to ensure driver safety in automobile. If any irregularities are found, the manufacturer is charged with heavy penalties. That apart, causalities also create a bad image of the company among consumers in the market. The world is moving towards easy-to-control and safer technologies, which is why, consumers are inclining towards automation provided by advanced sensors. Increasing demand for safety sensors, such as seat belt tension, impact sensors, anti-theft, parking sensors, etc., is expected to create significant opportunities for manufacturers, contributing significantly to the growth of the automotive sensors market.
Growing ADAS Deployment in Commercial Vehicles
The growing mining and construction sector across the globe has augmented the demand for heavy commercial vehicles. Truck fleet owners and operators are investing in performance upgrades to improve fuel efficiency and driving comfort.
ADAS such as adaptive cruise control system (ACCS), autonomous emergency braking system (AEBS), and lane keeping assist (LKA) are improving the business case for commercial vehicles. Truck platooning is anticipated to be one of the next technologies to commercialize in this space. For truck platooning, automated driving support and connectivity technology will be required. This, in turn, will increase ADAS penetration in trucks.
ADAS technology has been implemented in existing as well as upcoming models of urban buses and coaches, in particular. ADAS such as blind spot detection (BSD), forward collision warning (FCW), and autonomous emergency braking (AEB) alert the driver of the presence of pedestrian, vehicle, or cyclist is alongside them. Installation of such features in buses and coaches will significantly fuel the demand for ADAS sensors. Commercial vehicle sales will have a positive impact in the growth of automotive sensors market during the forecast period.
Automotive Sensors Market Structure Analysis
- The market contribution by tier-1 companies in developed regions such as North America, Western Europe, and Japan is higher as compared to that of tier-1 companies in developing regions such as China, India, and Eastern Europe. At a global perspective, tier-1 players amount for more than one half of the overall market share.
- Reduction in prices, wider product portfolios, and long-term supply relations with key automotive manufacturers catering all major types of vehicles are strategies of major players to enhance customer base and market share.
- Aggressive marketing in key countries of Latin America and the Middle East & Africa region could further benefit players in the automotive sensors market.
- Continental AG, Robert Bosch GmbH, Denso Corporation, and TE Connectivity are identified as some of the key participants in the global automotive sensors market.
FREQUENTLY ASKED QUESTIONS ABOUT Automotive Sensors Market
How is the automotive sensors market expected to grow in the forecast period?
The global automotive sensors market is expected to witness healthy growth during the forecast period, primarily driven by implementation of advanced technologies and innovations in vehicle. Stringent fuel efficiency and emission norms, along with increasing concerns towards safety, are anticipated to fuel the growth of the automotive sensors market. Moreover, increasing focus of several automakers on comfort driving is expected to play a vital role in the growth of the automotive sensors market.
Which countries are anticipated to register growth?
Owing to stringent norms against fuel emission and occupants’ safety in developed nations, number of sensors used per vehicle is high. In terms of growth rate, India is the fastest growing country across the globe. However, when it comes to market share, the country still lags behind. Countries such as Iran, Turkey, Brazil, and Russia are growing at a significant rate in terms of vehicle production and adoption rate of sensors.
Which application area holds potential growth opportunities for automotive sensors market players?
The demand for safety sensors will be on a higher level as compared to other segments, as the installation rate of these sensors will be maximum in a short amount of time to comply with the ever-changing regulations.
What is the degree of competition in the automotive sensors market?
NXP Semiconductors N.V., TE Connectivity, Continental AG, and Robert Bosch GmbH to dominate the market, accounting for nearly one fourth of the total market share.
Automotive Sensors Market: Global Industry Analysis 2013-2018 & Opportunity Assessment 2019-2028
The recent market study published by FMI on the automotive sensors market includes global industry analysis for 2013-2018 & opportunity assessment for 2019-2028, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on historical as well as current growth parameters of the automotive sensors market, growth prospects of the market are obtained with maximum precision.
Automotive Sensors Market: Segmentation
The global automotive sensors market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
|
Sensor Type |
Vehicle Type |
Sales Channel |
Region |
|
Position Sensors
Safety Sensors
Level Sensors
Oxygen Sensors Pressure Sensors
Temperature Sensors
Speed Sensors
|
Passenger Cars
LCVs HCVs |
OEMs OES IAM |
North America Latin America Western Europe Eastern Europe South East Asia & Pacific Middle East & Africa Japan China India |
Report Chapters
Chapter 01 – Executive Summary
The report begins with the executive summary of the automotive sensors market, which includes a summary of the key findings and statistics.
Chapter 02 – Market Overview
Readers can find the definitions and detailed taxonomy of the automotive sensors market in this chapter, which will help them understand basic information about the automotive sensors market. This section also highlights inclusions and exclusions, which will help readers understand the scope of the automotive sensors market report.
Chapter 03 – Market Background
This chapter explains the key macroeconomic factors that are expected to influence the growth of the automotive sensors market over the forecast period. Along with macroeconomic factors, this section also highlights the supply chain, forecast factors, and value chain analysis for the automotive sensors market.
Chapter 04 – Global Automotive Sensors Market Demand Analysis 2013-2018 & Opportunity Assessment 2019-2028
This section explains the global market value analysis and forecast for the automotive sensors market for the forecast period of 2019-2028. This chapter includes a detailed analysis of the historical automotive sensors market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2028). The chapter also includes a pessimistic & optimistic outlook for automotive sensors market. Along with this, an overview of key insights is also provided by market participants.
Chapter 05 – Global Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028, by Sensor Type
Based on sensor type, the automotive sensors market is segmented into position sensors, safety sensors, level sensors, oxygen sensors, pressure sensors, temperature sensors, and speed sensors. In this chapter, readers can find information about the key trends and developments in the automotive sensors market and market attractiveness analysis based on sensor type.
Chapter 06 – Global Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028, by Vehicle Type
This chapter provides details about the automotive sensors market based on vehicle, and has been classified into passenger cars, LCVs, and HCVs. In this chapter, readers can understand the market attractiveness analysis based on vehicle type.
Chapter 07 – Global Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028, by Sales Channel
This chapter provides details about the automotive sensors market based on sales channel, and has been classified into OEMs, OES and IAM. In this chapter, readers can understand the market attractiveness analysis based on sales channel.
Chapter 08 – Global Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028, by Region
This chapter explains how the automotive sensors market will grow across several geographic regions such as North America, Latin America, Western Europe, Eastern Europe, South East Asia & Pacific, the Middle East & Africa, Japan, China, and India.
Chapter 9 – North America Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028
This chapter includes a detailed analysis of the growth of the automotive sensors market in North America, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on applications and countries in North America.
Chapter 10 – Latin America Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028
This chapter provides the growth scenario of the automotive sensors market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, an assessment of the market across target segments has been provided.
Chapter 11 – Western Europe Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028
Important growth prospects of the automotive sensors market in several countries such as Germany, Italy, France, the U.K., Spain, Benelux, and the Rest of Western Europe are included in this chapter.
Chapter 12 – Eastern Europe Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028
In this chapter, important growth prospects of the automotive sensors market in several countries such as Russia, Poland, and Rest of Eastern Europe are included.
Chapter 13 – South East Asia and Pacific Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028
ASEAN and ANZ are prominent countries in this region. Readers can find detailed information about the growth parameters of the South East Asia & Pacific automotive sensors market during the forecast period of 2019-2028 in this chapter.
Chapter 14 – MEA Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028
This chapter highlights the growth of the automotive sensors market in MEA by focusing on Iran, Turkey, South Africa, and Rest of MEA. This section also helps readers understand the key factors that are responsible for the growth of the automotive sensors market in MEA.
Chapter 15 – Japan Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028
This chapter highlights the growth of the automotive sensors market in Japan. This section also helps readers understand the key factors that are responsible for the growth of the automotive sensors market in Japan.
Chapter 16 – China Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028
This chapter highlights the growth of the automotive sensors market in China. This section also helps readers understand the key factors that are responsible for the growth of the automotive sensors market in China.
Chapter 17 – India Automotive Sensors Market Analysis 2013-2018 & Opportunity Assessment 2019-2028
This chapter highlights the growth of the automotive sensors market in India. This section also helps readers understand the key factors that are responsible for the growth of the automotive sensors market in India.
Chapter 18 – Market Structure Analysis
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the automotive sensors market, along with their market presence analysis by region and product portfolio.
Chapter 19 – Competition Analysis
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the automotive sensors market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Denso Corporation, Robert Bosch GmbH, Hella KGaA Hueck & Co., Continental AG, TE Connectivity, Sensata Technologies Holding N.V., Delphi Technologies PLC, NXP Semiconductors N.V., and others.
Chapter 20 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the automotive sensors market report.
Chapter 21 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the automotive sensors market.
Sources and Primary Research Splits (%)
Primary Research
Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information:
- Adoption of Air quality control systems
- Key Developments
- Key Trends and Opportunities
- Regional wise Dynamics
- Market Share Information
- Key Brands
- Competition & Key Vendor Strategies
Secondary Research
- Company Press Release
- Published Trade Data
- Quarterly Financial Statements, 10-K & 10-Q Filings, Factiva, Morning Star
- Annual Reports/SEC filings/Investor Presentations/Earning Call Transcript
- Industry Journals
- Press Information and Data Released by Exhibitions Conducted by Associations, etc
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