Global Automotive Sensor Technologies Market Growth (Status and Outlook) 2023-2029

Global Automotive Sensor Technologies Market Growth (Status and Outlook) 2023-2029

Systems controlled by sensors have become integral in today’s automobiles, and this has made most electro-mechanical devices better refined and more efficient with their application. The development and deployment of numerous sensing technologies support and enable the introduction of advanced electronic systems, although there are challenges regarding robustness, reliability, quality and cost. New sensors are emerging to improve system functionality and to enable future advanced systems, but existing sensors will also continue to find new applications, building upon their past records of performance.

LPI (LP Information)' newest research report, the “Automotive Sensor Technologies Industry Forecast” looks at past sales and reviews total world Automotive Sensor Technologies sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Sensor Technologies sales for 2023 through 2029. With Automotive Sensor Technologies sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Sensor Technologies industry.

This Insight Report provides a comprehensive analysis of the global Automotive Sensor Technologies landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Sensor Technologies portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Sensor Technologies market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Sensor Technologies and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Sensor Technologies.

The global Automotive Sensor Technologies market size is projected to grow from US$ 33090 million in 2022 to US$ 56280 million in 2029; it is expected to grow at a CAGR of 7.9% from 2023 to 2029.

United States market for Automotive Sensor Technologies is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Automotive Sensor Technologies is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Automotive Sensor Technologies is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Automotive Sensor Technologies players cover Analog Devices, Autoliv, Continental, Delphi Automotive, GE Measurement & Control Solutions, Hitachi Automotive Systems, Honeywell, Valeo and Aisin Seiki, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Sensor Technologies market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Rotational Motion Sensors
Chemical and Gas Sensors
Pressure Sensors
Angular and Linear Position Sensors
Temperature Sensors
Mass Airflow Sensors
Accelerometers
Image Sensors
Others

Segmentation by application
Passenger Cars
Commercial Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Analog Devices
Autoliv
Continental
Delphi Automotive
GE Measurement & Control Solutions
Hitachi Automotive Systems
Honeywell
Valeo
Aisin Seiki
Huf-group
U-Shin
ITW Automotive

Please note: The report will take approximately 2 business days to prepare and deliver.