Global Automotive Ultrasonic Technologies Market 2021-2027

Global Automotive Ultrasonic Technologies Market 2021-2027

Ultrasonic sensing is usually used for short-distance applications at low speeds, such as park assist, self-parking, and blind-spot detection. According to market research study published by Gen Consulting Company, the global automotive ultrasonic technologies market stood at around USD 1,108 million in 2020 and is projected to rise to a worth of USD 1,862 million by 2027 end, thereby garnering a CAGR of 7.7% during 2021-2027.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global automotive ultrasonic technologies market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the automotive ultrasonic technologies industry.

The automotive ultrasonic technologies market is segmented on the basis of type, application, vehicle type, and region. The automotive ultrasonic technologies market is segmented as below:

By type:

• proximity sensing
• distance measurement

By application:

• parking assist
• blind spot detection
• others

By vehicle type:

• passenger cars
• commercial vehicles
• electric vehicles

By region:

• region
• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

The report has also analysed the competitive landscape of the global automotive ultrasonic technologies market with some of the key players being Aisin Corporation, Continental AG, DENSO Corporation, Elmos Semiconductor SE, Hyundai Mobis Co., Ltd., Magna International Inc., Murata Manufacturing Co., Ltd., Robert Bosch GmbH, TDK Corporation, Valeo S.A., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global automotive ultrasonic technologies market.
• To classify and forecast the global automotive ultrasonic technologies market based on type, application, vehicle type, and region.
• To identify drivers and challenges for the global automotive ultrasonic technologies market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global automotive ultrasonic technologies market.
• To identify and analyze the profile of leading players operating in the global automotive ultrasonic technologies market.

Why Choose This Report

• Gain a reliable outlook of the global automotive ultrasonic technologies market forecasts from 2021 to 2027 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.