Automotive Sensor Market Growth, Size and Demand 2029

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Automotive Sensor Market was valued at USD 13.5 Bn in 2023 and is expected to reach USD 23.44 Bn by 2030, at a CAGR of 8.2 % during the forecast period.

Automotive Sensor Market Scope

The research uses both qualitative and quantitative data to provide readers a complete understanding of the nuances of the Automotive Sensor market. The Automotive Sensor market's size was established by a bottom-up approach. Techniques for collecting primary and secondary data were employed in order to obtain the information required for the study. The primary method uses a number of tools for gathering data, such as surveys and questionnaires. Secondary sources include articles, government publications, and yearly reports for data collecting, in addition to commercial sources like Bloomberg, Statista, and D&B Hoovers.

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Automotive Sensor Market Overview

Maximize Market Research, a business consulting organization, has produced an extensive analysis of the "Automotive Sensor Market". The research includes a competitive landscape, pricing and demand evaluations, and important business insights. The report's analysis provides a comprehensive look at the present situation of the market with estimates that go all the way up to 2029.

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Automotive Sensor Market Segmentation

by Type

Oxygen sensor
Mass airflow sensor
Radar sensors
LiDAR
Pressure sensors
Engine speed sensor
Others

by Application

Powertrain
Chassis
Body Electronics
Safety & Security
Telematics
Others

Automotive Sensor Market Key Players

North America:
1. Texas Instruments (United States)
2. Sensata Technologies (United States)
3. Delphi Technologies (United Kingdom)
4. Allegro Microsystems (United States)
5. Aptiv PLC (Ireland)
6. Analog Devices, Inc. (United States)
7. CTS Corporation (United States)
8. Honeywell International Inc. (United States)
9. 3M (United States)

Europe:
10. Bosch (Germany)
11. Continental AG (Germany)
12. STMicroelectronics (Switzerland)
13. Melexis NV (Belgium)
14. HELLA GmbH & Co. KGaA (Germany)
15. ZF Friedrichshafen AG (Germany)
16. Valeo SA (France)
17. First Sensor AG (Germany)
18. AMS AG (Austria)
19. Elmos Semiconductor AG (Germany)
20. Infineon Technologies AG (Germany)
21. TE Connectivity (Switzerland)

Asia Pacific:
22. Denso Corporation (Japan)
23. Panasonic Corporation (Japan)
24. Murata Manufacturing Co., Ltd. (Japan)
25. Renesas Electronics Corporation (Japan)
26. ROHM Semiconductor (Japan)
27. Omron Corporation (Japan)
28. Nidec Corporation (Japan)
29. Mitsubishi Electric Corporation (Japan)
30. Aisin Seiki Co., Ltd. (Japan)

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Key Offerings:

Historical Market Size and Competitive Environment
Historical pricing and regional price curves
The market's size, share, size during forecast period
Market Dynamics: Regional Growth Drivers, Opportunities, Barriers, and Important Trends
Market segmentation: a thorough examination of each segment, along with its sub-segments, by region
Competitive Landscape: Strategically oriented profiles of a few major companies broken down by area
Market leaders, market followers, and regional players make up the competitive landscape.
Comparative analysis of major players by geographical area
PESTLE Evaluation
PORTER's evaluation
Analysis of supply chains and value chains
Regional Legal Aspects of Business
profitable business prospects using SWOT analysis

Key questions answered in the Automotive Sensor Market are:

The Automotive Sensor Market: What is it?
How fast is the Automotive Sensor Market growing?
What was the 2023 market size of Automotive Sensor?
What trends and possibilities will the Automotive Sensor Market see in the near future?
Which segments make up the Automotive Sensor Market?
Which market segments are included in the Automotive Sensor Market?
Which elements are anticipated to propel the expansion of the Automotive Sensor Market?
In the Automotive Sensor Market, which companies are the leaders and what are their portfolios?
Who are the leading companies in the Automotive Sensor market?
What is the projected compound annual growth rate (CAGR) for the Automotive Sensor market for the given forecast period?

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