U.S. Motor Vehicle Sensor Market, By Applications (Engine and drivetrain, Safety and Security, Emission control, Others), By Product Type (Physical property, Process variable, Proximity and positioning, Chemical property, Other), By Region (North America,

U.S. Motor Vehicle Sensor Market, By Applications (Engine and drivetrain, Safety and Security, Emission control, Others), By Product Type (Physical property, Process variable, Proximity and positioning, Chemical property, Other), By Region (North America, Europe, Asia Pacific, Rest of the World) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Vehicle sensors are utilized to monitor conditions like low tire pressure or air bag inflation. Other common vehicle sensors available on the market include: HID daytime running lights, speedometer, odometer, voltage regulator, temperature gauge, smoke alarm, factory installed anti-theft system, compass, tachometer, lockout/service modes and fuel level gauge. The above sensors can be customized according to your needs and installed in various automotive components.
There are many advantages associated with using vehicle sensors in your cars. The foremost advantage that one can enjoy is comfort and convenience while driving your vehicles as these automotive sensors make your ride comfortable and secure. Most of the vehicles come with OEM sensor kits and aftermarket manufacturers provide different accessory kits for replacement of OEM sensors with their own products.
Market Dynamics:
Launch of sensors for intelligent vehicles is expected to propel growth of the U.S. motor vehicle sensor market. For instance, in September 2021, SmartSens launched two advanced automotive CMOS image sensors—SC100AT and SC410GS—designed to enable the next generation of Advanced Driver Assistance Systems (ADAS).
Major players operating in the U.S. motor vehicle sensor market are focused on developing automobile sensors to enhance their market share. For instance, in August 2021, Continental AG’s Advanced Driver Assistance Systems (ADAS) business unit in the U.S and Canada announced production of 30 million radar sensors that are a key safety component and building block to automated driving.
Key features of the study:
This report provides in-depth analysis of the U.S. motor vehicle sensor market, and provides market size (US$ 28,862.4 Million) and compound annual growth rate (11.9%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the U.S. motor vehicle sensor market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Robert Bosch GmbH, Hitachi Ltd, Denso Corporation, Eaton Corporation, Delphi Automotive, Continental AG, and Valeo SA
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The U.S. motor vehicle sensor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. motor vehicle sensor market
Detailed Segmentation:
U.S. Motor Vehicle Sensor Market, By Application
Engine and Drivetrain
Safety and Security
Emission control
Others
U.S. Motor Vehicle Sensor Market, By Product Type
Physical Property
Process Variable
Proximity and Positioning
Chemical property
Others
U.S. Motor Vehicle Sensor Market, By Region
North America
Europe
Asia Pacific
Rest of the World (RoW)