Learn about the global automotive sensors market through The Business Research Company, which provides information on automotive sensors market size, automotive sensors market drivers and restraints, automotive sensors market players, the COVID-19 impact on the automotive sensors market, and more.

The global automotive sensors market size is expected to grow from $21.54 billion in 2021 to $24.42 billion in 2022 at a compound annual growth rate (CAGR) of 13.37%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive sensor market size is expected to reach $39.35 billion in 2026 at a CAGR of 12.67%.

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The automotive sensors market consists of sales of automotive sensor solutions by entities (organizations, sole traders, and partnerships) that are used to detect, transmit, analyse, record, and display information about the vehicle’s internal and external surroundings. Automotive sensors are intelligent sensors that monitor the vehicle condition and provide information to the user or automatically make the required changes to the vehicle. Automotive sensors check incoming air temperature, fuel-air mixture, manifold pressure, wheel speed, and others.

Global Automotive Sensors Market Segments Include:

By Type: Temperature Sensors, Pressure Sensors, Speed Sensors, Level/Position Sensors, Magnetic Sensors, Gas Sensors, Inertial Sensors

By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle

By Technology: Nano-Electro-Mechanical Systems, Micro-Electro-Mechanical Systems

By Application Type: Powertrain, Chassis, Exhaust, ADAS, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the automotive sensors market in 2021 and is also expected to be the fastest-growing region during the forecast period.

The rise in the use of pressure sensors in the automotive industry is a key trend gaining popularity in the automotive sensor market. Pressure sensors are used for discovering the early faults in hydraulic brakes, optimizing the fuel mix to match the air pressure, automatic cleaning of exhaust filters, tracking exhaust recirculation, critical fluid examinations, finding vapor leakages, triggering airbags faster, and launching pedestrian airbags.

TBRC’s Automotive Sensors Market Report Covers:

Major Market Players: Robert Bosch GmbH, Continental AG, DENSO Corporation, Infineon Technologies AG, Sensata Technologies, Allegro Microsystems Inc, Analog Devices Inc, ELMOS Semiconductor SE, Aptiv plc, NXP Semiconductors N.V., STMicroelectronics N.V., CTS Corporation, Texas Instruments Incorporated, TE Connectivity Ltd, ZF Friedrichshafen, Magna International, Melexis N.V., ON Semiconductor, Amphenol Advanced Sensors, Velodyne LiDAR, Quanergy, Innoviz Technologies, Broadcom Limited, Bosch Sensortec GmBH, Bourns Inc, Delphi Automotive LLP, GE Measurement & Control Solutions, and Vishay Intertechnology Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Automotive Sensors Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automotive sensors market overviews, analyzes and forecasts market size, share, automotive sensors market players, automotive sensors market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s automotive sensors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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