Electric Vehicle Sensor Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Vehicle Sensor Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Vehicle Sensor Market Trends and Forecast

The future of the global electric vehicle sensor market looks promising with opportunities in the BEV, HEV, PHEV, and FCEV applications. The global electric vehicle sensor market is expected to reach an estimated $23.5 billion by 2030 with a CAGR of 11.1% from 2024 to 2030. The major drivers for this market are increasing penetration of these sensors in the autonomous vehicles, rising adoption of ADAS and EBD systems in the electric vehicles, and growing concern regarding the safety of autonomous vehicles.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Electric Vehicle Sensor Market by Segment

The study includes a forecast for the global electric vehicle sensor market by product, vehicle type, application, and region

Electric Vehicle Sensor Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Current Sensor
• Temperature Sensor
• Position Sensor
• Pressure Sensor
• Speed Sensor
• LiDAR Sensor
• RADAR Sensor
• Image Sensor
• Others

Electric Vehicle Sensor Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:

• Passenger Cars
• Commercial Vehicles

Electric Vehicle Sensor Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• BEV
• HEV
• PHEV
• FCEV

Electric Vehicle Sensor Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electric Vehicle Sensor Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric vehicle sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric vehicle sensor companies profiled in this report include-

• Continental AG
• Denso
• Robert Bosch
• Sensata
• Valeo
• Ampheol
• Renesas

Electric Vehicle Sensor Market Insights

Lucintel forecast that image sensor is expected to witness highest growth over the forecast period.

BEV is expected to witness highest growth over the forecast period.

Europe is expected to witness highest growth over the forecast period.

Features of the Global Electric Vehicle Sensor Market

Market Size Estimates: Electric vehicle sensor market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electric vehicle sensor market size by product, vehicle type, application, and region in terms of value ($B).

Regional Analysis: Electric vehicle sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product, vehicle type, application, and region electric vehicle sensor market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric vehicle sensor market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the electric vehicle sensor market size?

Answer: The global electric vehicle sensor market is expected to reach an estimated $23.5 billion by 2030.

Q.2 What is the growth forecast for electric vehicle sensor market?

Answer: The global electric vehicle sensor market is expected to grow with a CAGR of 11.1% from 2024 to 2030

Q.3 What are the major drivers influencing the growth of the electric vehicle sensor market?

Answer: The major drivers for this market are increasing penetration of these sensors in the autonomous vehicles, rising adoption of ADAS and EBD systems in the electric vehicles, and growing concern regarding the safety of autonomous vehicles.

Q4. What are the major segments for electric vehicle sensor market?

Answer: The future of the electric vehicle sensor market looks promising with opportunities in the bev, hev, phev, and fcevapplications.

Q5. Who are the key electric vehicle sensor market companies?

Answer: Some of the key electric vehicle sensor companies are as follows:

• Continental AG
• Denso
• Robert Bosch
• Sensata
• Valeo
• Ampheol
• Renesas

Q6. Which electric vehicle sensor market segment will be the largest in future?

Answer: Lucintel forecast that image sensor is expected to witness highest growth over the forecast period.

Q7. In electric vehicle sensor market, which region is expected to be the largest in next 5 years?

Answer: Europe is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the electric vehicle sensor market by product (current sensor, temperature sensor, position sensor, pressure sensor, speed sensor, LiDAR sensor, RADAR sensor, image sensor, and others), vehicle type (passenger cars and commercial vehicles), application (BEV, HEV, PHEV,and FCEV), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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