At A CAGR Of Over 6%, Automotive Sensors Market Is Projected To Reach USD 36.41 Billion By 2024

Global Automotive Sensors Market is projected to reach USD 36.41 Billion by 2024, at a CAGR of over 6% during 2014-2024 due to increasing automobiles production, growing technological advancements, stringent government regulations for safety, increasing demand for vehicle electrification and growing consumer demand for sensors. Based on application, the market has been segmented into Powertrain, Body Electronics, Chassis, Telematics and Others. The telematics market segment is expected to dominate the market during the forecast period due to growing demand for infotainment applications, increasing use of sensors in navigation, growing technological advancements and growing demand for connected cars. APAC region is expected to observer the highest growth rate during the forecast period due to infrastructure development, increase in purchasing power of the consumer and increasing demand for more safe vehicles. Furthermore, presence of developing countries such as India and China back to the development of automotive sensors market in APAC region.

Years considered for this report:

Historical Year : 2014 - 2017

Base Year : 2018

Estimated : 2019

Forecast : 2020 - 2024

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Objective of the Study:

  • To analyse and forecast the market size of Automotive Sensors Market, in terms of value and volume
  • To classify and forecast Global Automotive Sensors Market based on vehicle type, sensor type, application and regional distribution.
  • To identify drivers and challenges for Global Automotive Sensors Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Automotive Sensors Market.
  • To conduct the pricing analysis for Automotive Sensors Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Automotive Sensors Market.


Some of the leading players in the Global Automotive Sensors Market are Continental AG, Delphi, Denso, ELMOS Semiconductor AG, Robert Bosch GmbH, Infineon Technologies AG, Sensata Technologies, Inc., Autoliv Inc, Stmicroelectronics N.V., NXP Semiconductors N.V. etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Automotive Sensors Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Manufacturers of Automotive Sensors
  • Raw Material Suppliers
  • Automotive OEM’s
  • Traders, Distributors, and Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Automotive Sensors Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Vehicle Type:
    • Passenger Cars
    • Light Commercial Vehicle
    • Heavy Commercial Vehicles
  • Market, By Sensor Type:
    • Oxygen Sensors
    • Pressure Sensors
    • Temperature Sensors
    • Image Sensors
    • Speed Sensors
    • Other Sensors
  • Market, By Application:
    • Powertrain
    • Body Electronics
    • Chassis
    • Telematics
    • Others
  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Automotive Sensors Market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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