Market Overview:
Ultrasonic sensor modules are used to detect the presence of an object and its distance from the sensor. These modules are classified into reflective type and transmission type on the basis of how they detect objects. The reflective type ultrasonic sensor module uses a transmitter and receiver to send ultrasonic waves towards the object and measure the time it takes for these waves to return. The transmission type ultrasonic sensor module emits ultrasound in all directions, and measures reflections from objects in its path. The global automotive ultrasonic sensor module market is expected to grow at a CAGR of 7.5% during 2018-2030. Rising demand for advanced safety features in vehicles is one of the major factors driving growth of this market. Ultrasonic sensors are used for various applications such as upa (ultrasonically assisted parking), apa (automatic parking assist), blind spot detection, lane departure warning, forward collision warning, pedestrian detection, etc.
Product Definition:
An ultrasonic sensor module is a device that uses ultrasound to measure the distance to an object. This type of sensor is often used in automobiles to detect obstacles in the path of the car. The importance of an ultrasonic sensor module in a car is that it can help to prevent accidents by detecting objects in the way and warning the driver.
Reflective Type:
Reflective type is a new term in the automotive ultrasonic sensor module market. It was introduced to differentiate the product from non-reflective or glossy type. The major factor that propels its growth includes growing demand for safety and security in vehicles coupled with stringent government regulations regarding vehicle safety across various regions such as Europe, North America, and Asia Pacific.
Transmission Type:
Transmission type is the technology used to transfer power from the engine to drivetrain. It can be categorized into manual, automatic and semi-automatic. The automotive ultrasonic sensor module market is majorly driven by increasing demand for safety features such as lane departure warning system and adaptive cruise control in passenger cars along with heavy commercial vehicles segment.
Automotive manufacturers are focusing on developing vehicle dynamics which includes controlling wheel speed, transmission of power from engine to wheels.
Application Insights:
The adaptive front lighting segment dominated the global automotive ultrasound sensor module market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for advanced safety features, such as adaptive front lighting and active blind-spot detection, which improve driver safety. Furthermore, these sensors enhance vehicle aesthetics by providing an integrated LED light source that illuminates fog and other low-light conditions at night.
Ultrasonic sensors are used for various applications including parking assistance (PA), rear cross traffic alert (RCTA), forward collision warning/automatic emergency Braking (AEB), lane departure warning/active cruise control, and intelligent headlights among others. The PA segment is expected to witness significant growth over the forecast period owing to rising adoption of this technology across passenger cars in developed economies such as Germany, U.K.
Regional Analysis:
Asia Pacific region is expected to witness the highest CAGR of XX% during the forecast period, owing to increasing demand for premium cars in countries such as China and India. The growing adoption of USSM in North America and Europe is attributed to stringent government regulations regarding fuel economy, emission control systems, and safety features associated with automotive vehicles. In addition, technological advancements coupled with high R&D activities are also driving regional market growth. For instance, Bosch Software GmbH developed a real-time traffic information system called Live Traffic Assist (LTA) that can be integrated into an automobile's infotainment system using ultrasonic sensors.
The European region accounted for approximately 25% of global revenue share in 2017 on account of rising demand from luxury car manufacturers such as AUDI AG; BMW AG; Mercedes Benz AMG SPAIN SL; Volkswagen Group (Italy).
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in ultrasonic sensor modules
- Growing awareness about safety features in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Ultrasonic Sensor Module Market Research Report
By Type
Reflective Type, Transmission Type
By Application
UPA, APA
By Companies
Bosch, Valeo, TungThih Electronic Co., Ltd, Shenzhen Hangsheng Electronics Co.,Ltd., Longhorn
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Ultrasonic Sensor Module Market Report Segments:
The global Automobile Ultrasonic Sensor Module market is segmented on the basis of:
Types
Reflective Type, Transmission Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
UPA, APA
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Valeo
- TungThih Electronic Co., Ltd
- Shenzhen Hangsheng Electronics Co.,Ltd.
- Longhorn
Highlights of The Automobile Ultrasonic Sensor Module Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reflective Type
- Transmission Type
- By Application:
- UPA
- APA
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Ultrasonic Sensor Module Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automobile ultrasonic sensor module is a small electronic device that can be installed in a car to detect objects in front of the vehicle. The sensor module uses an ultrasonic frequency to measure the distance between the object and the car, and then sends this information back to the car's computer system. This information can then be used by the computer system to determine how close or far away the object is, and whether or not it poses a danger to either the vehicle or its occupants.
Some of the major players in the automobile ultrasonic sensor module market are Bosch, Valeo, TungThih Electronic Co., Ltd, Shenzhen Hangsheng Electronics Co.,Ltd., Longhorn.
The automobile ultrasonic sensor module market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Ultrasonic Sensor Module Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Ultrasonic Sensor Module Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Ultrasonic Sensor Module Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Ultrasonic Sensor Module Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Ultrasonic Sensor Module Market Size & Forecast, 2018-2028
4.5.1 Automobile Ultrasonic Sensor Module Market Size and Y-o-Y Growth
4.5.2 Automobile Ultrasonic Sensor Module Market Absolute $ Opportunity
Chapter 5 Global Automobile Ultrasonic Sensor Module Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Ultrasonic Sensor Module Market Size Forecast by Type
5.2.1 Reflective Type
5.2.2 Transmission Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Ultrasonic Sensor Module Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Ultrasonic Sensor Module Market Size Forecast by Applications
6.2.1 UPA
6.2.2 APA
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Ultrasonic Sensor Module Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Ultrasonic Sensor Module Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Ultrasonic Sensor Module Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Ultrasonic Sensor Module Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Ultrasonic Sensor Module Market Size Forecast by Type
9.6.1 Reflective Type
9.6.2 Transmission Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Ultrasonic Sensor Module Market Size Forecast by Applications
9.10.1 UPA
9.10.2 APA
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Ultrasonic Sensor Module Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Ultrasonic Sensor Module Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Ultrasonic Sensor Module Market Size Forecast by Type
10.6.1 Reflective Type
10.6.2 Transmission Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Ultrasonic Sensor Module Market Size Forecast by Applications
10.10.1 UPA
10.10.2 APA
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Ultrasonic Sensor Module Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Ultrasonic Sensor Module Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Ultrasonic Sensor Module Market Size Forecast by Type
11.6.1 Reflective Type
11.6.2 Transmission Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Ultrasonic Sensor Module Market Size Forecast by Applications
11.10.1 UPA
11.10.2 APA
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Ultrasonic Sensor Module Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Ultrasonic Sensor Module Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Ultrasonic Sensor Module Market Size Forecast by Type
12.6.1 Reflective Type
12.6.2 Transmission Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Ultrasonic Sensor Module Market Size Forecast by Applications
12.10.1 UPA
12.10.2 APA
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Ultrasonic Sensor Module Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Ultrasonic Sensor Module Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Ultrasonic Sensor Module Market Size Forecast by Type
13.6.1 Reflective Type
13.6.2 Transmission Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Ultrasonic Sensor Module Market Size Forecast by Applications
13.10.1 UPA
13.10.2 APA
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Ultrasonic Sensor Module Market: Competitive Dashboard
14.2 Global Automobile Ultrasonic Sensor Module Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Valeo
14.3.3 TungThih Electronic Co., Ltd
14.3.4 Shenzhen Hangsheng Electronics Co.,Ltd.
14.3.5 Longhorn
