Automotive Sensors Market Share, Research Report Forecast till 2027

<h3><strong>Automotive Sensors Market</strong></h3> <p><a href="https://www.gmiresearch.com/report/automotive-sensors-market/"><strong>Automotive Sensors Market size</strong></a> is anticipated to touch 53,722 million in 2027, expanding at a CAGR of 13.1% over the forecast period. Automotive sensors are an important part of a vehicle designed to detect, transfer, analyse, and display information pertaining to vehicle performance.</p> <p><a href="https://www.gmiresearch.com/report/automotive-sensors-market/sample-request"><strong>Request For a FREE Sample Report on </strong><strong>Automotive Sensors Market</strong></a></p> <p>Automotive sensors market is projected to experience a remarkable growth over the coming years majorly because of the growing trend of vehicle automation and rising need for better safety and comfort. Due to the augmenting prominence of vehicle electrification and connected cars, automotive sensors have witnessed a huge demand. Also, with the growing environmental concerns, government has enforced strict norms to reduce emission, which has stimulated the demand for alternative fuel automotives to minimize pollution. This is another major factor impacting the automotive sensors market growth. Other factors such as innovation of electronic devices in the automotive industry, incorporation of ADAS, safety systems, and transmission systems will further fuel the <a href="https://www.gmiresearch.com/report/automotive-sensors-market/"><strong>automotive sensors market</strong></a><strong> share.</strong></p> <p>The sudden outbreak of coronavirus left a significant impact on the automotive industry, owing to the strict lockdown norms enforced across the nation resulting in temporary halt across various manufacturing facilities and disturbance in the supply chain.</p> <p>By sales channel, the original equipment manufacturer (OEM) segment is anticipated to lead the market over the forecast period, owing to the increasing incorporation of security systems in vehicles. Increasing adoption of different kinds of sensors in passenger and commercial vehicles have paved the way for market.</p> <p>By sensor type, the position sensors segment is likely to witness a faster CAGR over the forecast period owing to the growing deployment of position sensors across several applications such as throttle position, camshaft position, crankshaft position, fuel level, brake pedal position sensing, brake fluid indication, clutch pedal position sensing.</p> <p>By vehicle type, the passenger cars segment is predicted to hold a larger share over the forecast period. Rising demand for autonomous cars and the integration of advanced driver assistance system (ADAS) technology in passenger cars are driving the market growth. Also, as per the <strong>automotive sensors market analysis</strong>, incorporating sensors in passenger cars helps ensuring passengers safety, reducing emissions, and enhancing the performance of cars.</p> <p>By application, the powertrain segment will expand at a notable rate primarily because of their surging adoption to monitor speed, temperature, gas, and pressure. Also, sensors help in effective and safe operations of powertrains.</p> <p>Leading players operating in the global Automotive Sensors market include Continental AG, BorgWarner Inc., Robert Bosch GmbH, Denso Corporation, Sensata Technologies, Inc., Allegro MicroSystem, LLC, Analog Devices, Inc., Infineon Technologies AG, Elmos Semiconductor SE, and CTS Corporation.</p> <p><strong>Key Developments:</strong></p> <p>In 2020, Aeva Inc. joined forces with auto supplier ZF Friedrichshafen AG to manufacture major self-driving sensors for self-driving vehicles. This partnership will enhance the product portfolio of both the companies.</p> <p>In 2020, Robert Bosch introduced a long-range LIDAR system. These systems make use of light sensors to produce a three-dimensional view of the road that help improve the ability of autonomous cars for perceiving traffic.</p> <h4><strong>Automotive Sensors Market Segmentation:</strong></h4> <h5><strong>Automotive Sensors Market by Sales Channel</strong></h5> <ul> <li>Original Equipment Manufacturer (OEM)</li> <li>Aftermarket</li> </ul> <h5><strong>Automotive Sensors Market by Sensor Type</strong></h5> <ul> <li>Temperature Sensors</li> <li>Pressure Sensors</li> <li>Position Sensors</li> <li>Oxygen Sensors</li> <li>Nitrogen Oxide Sensors</li> <li>Speed Sensors</li> <li>Inertial Sensors</li> <li>Image Sensors</li> <li>Other Sensors</li> </ul> <h5><strong>Automotive Sensors Market by Vehicle Type</strong></h5> <ul> <li>Passenger Cars</li> <li>Light Commercial Vehicles (LCVs)</li> <li>Heavy Commercial Vehicles (HCVs)</li> </ul> <h5><strong>Automotive Sensors Market by Application</strong></h5> <ul> <li>Powertrain</li> <li>Chassis</li> <li>Exhaust</li> <li>Safety &amp; Control</li> <li>Body Electronics</li> <li>Telematics</li> <li>Others</li> </ul> <p><strong>Automotive Sensors Market by Region:</strong></p> <ul> <li>Asia Pacific <ul> <li>China</li> <li>Japan</li> <li>India</li> <li>Rest of APAC</li> </ul> </li> <li>North America <ul> <li>United States of America</li> <li>Canada</li> </ul> </li> <li>Europe <ul> <li>United Kingdom</li> <li>Germany</li> <li>France</li> <li>Spain</li> <li>Rest of Europe</li> </ul> </li> <li>RoW <ul> <li>Brazil</li> <li>South Africa</li> <li>Saudi Arabia</li> <li>UAE</li> </ul> </li> </ul> <p><strong>About GMI Research</strong></p> <p>GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.</p> <p><strong>Media Contact</strong><br /> Company Name: GMI RESEARCH<br /> Contact Person: Sarah Nash<br /> Email: enquiry@gmiresearch.com<br /> Phone: Europe &ndash; +353 1 442 8820; US &ndash; +1 860 881 2270<br /> Address: Dublin, Ireland<br /> Website: <a href="http://www.gmiresearch.com/">www.gmiresearch.com</a></p>