Automotive Sensors Market Size to Achieve USD 61.7 Billion by 2034 with 5% CAGR, as Sensors Drive Optimal Vehicle Performance: Transparency Market Research Inc.

Global Automotive Sensors Market: Regional Landscape

• Asia Pacific emerged as the leader in the automotive sensors industry, a trend expected to persist due to factors like low manufacturing costs and the availability of inexpensive labor.
• Europe require safety features like risky road user detection, tire pressure monitoring, and alert systems for vans, trucks, and buses. These regulations have propelled the demand for automotive sensors in the region, ensuring compliance and enhancing vehicle safety standards.

Global Automotive Sensors Market: Key Developments

• In 2023, Bosch introduced a groundbreaking automotive radar sensor capable of detecting objects with unprecedented accuracy and reliability.
• In 2023, Sensata Technologies launched a next-generation tire pressure monitoring sensor with enhanced accuracy and durability.
• This sensor employed innovative pressure sensing technology and advanced data processing algorithms to provide real-time tire pressure monitoring, ensuring optimal tire performance, fuel efficiency, and overall vehicle safety.

Global Automotive Sensors Market: Segmentation

Technology

• Wired

• Contact Sensor
• Non-contact Sensor

• Wireless

• Contact Sensor
• Non-contact Sensor

Sensor Type

• Temperature Sensors
• Pressure Sensors
• Oxygen Sensors
• Nitrogen Oxide (NOX) Sensors
• Position Sensors
• Speed Sensors
• Inertial Sensors

• Accelerometers
• Gyroscopes

• Image Sensors

• Complementary Metal-Oxide-Semiconductor (CMOS)
• Charge-Coupled Device (CCD)

• Level Sensors
• Chemical Sensors
• Radar Sensors
• Ultrasonic Sensors
• LIDAR Sensors
• Current Sensors
• Others (Relative Humid Sensors, etc.)

Material Type

• Metals and Alloys

• High-strength Steel (HSS)
• Aluminum
• Magnesium
• Titanium
• Beryllium
• Others

• Composites

• Carbon-fiber Reinforced Polymers (CFRP)
• Glass-fiber Reinforced Polymers (GFRP)
• Natural Fiber Reinforced Polymers (NFRP)
• Other Composites

• Plastics

• Polycarbonate (PC)
• Polyamide (PA)
• Polymethyl Methacrylate (PMMA)
• Polyacetal/Polyoxymethylene (POM)
• PET
• Others

• Elastomers
• Others

Application

• Battery Pack
• Electric Traction Motors
• Electronic Components
• Power Electronics Controller
• Body-in-White
• Chassis and Suspension
• Powertrains/Transmission
• Closures
• Interiors
• DC/DC Converter
• Thermal System
• On-board Charger
• Tires and Wheels
• Bumpers and Fenders
• Lighting
• Dashboard
• Seat System
• Steering System
• Fuel Tank
• Doors
• Others

Vehicle Type

• Two/Three Wheelers
• Passenger Vehicles

• Hatchback
• Sedan
• SUVs

• Light Commercial Vehicles
• Heavy Duty Trucks
• Buses & Coaches
• Off-road Vehicle

• Agriculture Tractors & Equipment
• Construction & Mining Equipment

Propulsion

• IC Engine

• Gasoline
• Diesel

• Electric

• Battery Electric
• Plug-in Hybrid Electric

Sales Channel

• OEMs
• Aftermarket

Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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