Automotive Sensors Market Dynamics & Global Outlook 2025

Automotive Sensors Market Research Report: Information by Sensors Type (Pressure, Temperature, Position, Motion, Optical, Torque, Gas, Level and other Sensors), Technology (Micro-Electro-Mechanical Systems (MEMS), Non-Electro-Mechanical Systems (NON-MEMS) and Nano-Electro-Mechanical Systems (NEMS)), Vehicle Type (Conventional Fuel Cars, Alternative Fuel Car and Heavy Vehicles) and by Region (North America, Europe, Asia–Pacific and Rest of the World) - Forecast till 2025

Market Highlights

Automotive sensors market, as going by the trend, can gain impressive growth in the foreseeable future. The global automotive sensors market is expecting a 7% CAGR during the forecast period (2017-2023), by achieving USD 35 billion by the year 2023, reveals Market Research Future (MRFR) in an elaborate study. Further, the study also includes drivers, segmental analysis and regional analysis to understand the market dynamics for the future.

Market Drivers & Challenges

The miniaturization and mounting disposable income of the middle-class population are considered as the key factors driving the market growth of automotive sensors significantly. The key companies are highly offering various types of automotive and commercial vehicle sensors that are designed to monitor the passenger compartment, power train, emissions, speed and suspension of vehicles, which is another factor motivating the market to grow at a higher level in the coming years.

At the same time, the number of applications included in the automotive sensors such as measure position, angular rate, pressure, torque, flexible fuel composition, exhaust temperature, and ambient gas concentrations, long-range distance, short-range distance, engine oil quality, and more are creating popularity of automotive sensors in an extensive way.

The above applications are widely used among companies as it offers the highest flexibility to assemble automotive supply and valuable requirements of the customers. In case of point, Cypress Semiconductor Corp announced on October 26, 2017, to help Denso Corp in its latest automotive stereo vision sensor for Advanced Driver Assistance Systems to offer vehicle safety. With these sensors, it uses image-processing techniques to detect obstacles on the road, which is yet another factor contributing to the market’s growth during the forecast period.

Market Players

The outstanding players in the global automotive sensors industry are listed as Bourns Inc. (U.S.), Broadcom Limited (U.S.), Analog Devices Inc. (U.S.), Delphi Automotive LLP (U.K), Bosch Sensortech GmBH (Germany), Infineon Technologies AG (Germany). Along with these, more names such as STMicroelectronics (Switzerland), Sensata Technologies (U.S.), TRW Automotive Inc. (U.S.), Panasonic Corporation (Japan), Denso Corporation (Japan), Continental AG (Germany), Micronas Semiconductor Inc. (Switzerland), GE Measurement & Control Solutions (U.S.), and Vishay Intertechnology, Inc. (U.S.) are also contributing to the market’s growth.

Market Segmentation

The worldwide market for automotive sensors, as per the study, is segmented among the elements of type, technology and vehicle types.

In terms of sensor type: Pressure Sensors, Temperature Sensors, Speed Sensors, Position Sensors, O2 Sensors, NOx Sensors, Inertial Sensors, Image Sensors and others are the segments.

In terms of the technology segment: Nano-Electro-Mechanical Systems (NEMS), Micro-Electro-Mechanical Systems (MEMS) are the segments.

In terms of vehicle types: Low end, medium-end, high end, heavy vehicle, electric vehicles and others are the segments.

Regional Framework

The market of automotive sensors is spanned across regions such as North America, Europe, Asia Pacific, and the rest of the world.

Among these, the Asia Pacific region and its countries such as China, Japan, and India, are one of the foremost regions of the world in terms of the automotive sensor market’s share. The automotive sensors market here has an enormous demand owing to the surge in purchasing power of the consumer, and rising population. These factors are heavily propelling the market growth mainly.

The automotive sensors market in the North America region is anticipated to observe rapid growth over the approaching period owing to infrastructure development, which is propelling the market growth of automotive sensors in the estimated years.

The European countries are also emerging in the automotive sensors markets owing to rising demand for more competent and safer vehicles and are likely to nurture at the highest CAGR over the review period.

I am Miller Peet, I am working in market research future as a automotive research analyst