Market Overview:
The global automotive inertial sensor market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 7.5% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The growth of the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. In addition, rising awareness about safety features in automobiles is also expected to fuel the demand for automotive inertial sensors during the forecast period. Based on type, the global automotive inertial sensor market has been segmented into automotive acceleration sensor, car gyroscope, automotive IMU and others. The automobile acceleration sensor segment is anticipated to account for a major share ofthe globalmarketin terms of revenue owingto its widespread use in various applications such as airbags deployment system, anti-lock braking system (ABS) and electronic stability control (ESC).
Product Definition:
An automotive inertial sensor is a device used in automobiles to detect changes in motion. These devices are often used to help control stability and safety features within the car.
Automotive Acceleration Sensor:
Automotive acceleration sensors are used to measure the rate of change in velocity or speed of an automobile. These sensors are also known as load cells or inertia sensors. They work on the principle of reaction and have a Wheatstone bridge structure consisting of four arms, two potentiometers, and one accelerometer mounted over a suspended beam.
Car Gyroscope:
The gyroscope is an instrument that measures and stabilizes the rate of rotation. It is used in automotive inertial sensors to measure vehicle speed and position in three dimensions, usually with a circular target. The gyroscopes are mounted on the steering wheel or dashboard to help drivers keep their vehicles steady while driving at high speeds.
Application Insights:
Passenger vehicles segment dominated the global automotive inertial sensor market in 2017, accounting for more than 60.0% share of the overall revenue. The segment is expected to witness significant growth over the forecast period owing to increasing demand for passenger cars and light commercial vehicles across various regions, including APAC and MEA. In addition, stringent government regulations regarding road safety are anticipated to further propel product demand in this application segment over the coming years.
Commercial vehicles include trucks, buses and other such vehicle types that are used for transporting goods from one place to another through a transport network controlled by governments or companies operating on their behalf.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing investments by OEMs and component manufacturers for incorporating advanced driver-assistance systems (ADAS) and safety technologies such as lane departure warning system, adaptive cruise control, emergency autonomous braking, etc. Europe accounted for a significant share of the overall market in 2017 due to stringent government regulations pertaining to road safety coupled with rising demand from automotive OEMs for developing robust sensors capable of withstanding extreme climatic conditions. Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid urbanization along with increasing vehicle production especially in China and India on account of low manufacturing cost coupled with availability of cheap labor force. Moreover, growing adoption by fleet operators such as buses & coaches companies will drive growth further contributing towards increased sales volume over time.
Growth Factors:
- Increasing demand for advanced safety features in vehicles
- Rising demand for luxury and premium cars
- Growing automotive electronics market
- Proliferation of autonomous and semi-autonomous vehicles
- Increasing adoption of electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Inertial Sensor Market Research Report
By Type
Automotive Acceleration Sensor, Car Gyroscope, Automotive IMU, Others
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Bosch, STMicroelectronics, TDK (InvenSense), NXP Semiconductors, Murata, Analog Devices, Continental AG, Honeywell
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Inertial Sensor Market Report Segments:
The global Automotive Inertial Sensor market is segmented on the basis of:
Types
Automotive Acceleration Sensor, Car Gyroscope, Automotive IMU, Others
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
Passenger Vehicles, Commercial Vehicles
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
- STMicroelectronics
- TDK (InvenSense)
- NXP Semiconductors
- Murata
- Analog Devices
- Continental AG
- Honeywell
Highlights of The Automotive Inertial Sensor 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:
- Automotive Acceleration Sensor
- Car Gyroscope
- Automotive IMU
- Others
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- 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 Automotive Inertial Sensor 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.
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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 automotive inertial sensor is a device that measures the movement of an automobile or other vehicle. It uses accelerometers and gyroscopes to measure angular velocity and linear acceleration, respectively. This data is then used to calculate the car's position, orientation, and speed.
Some of the major players in the automotive inertial sensor market are Bosch, STMicroelectronics, TDK (InvenSense), NXP Semiconductors, Murata, Analog Devices, Continental AG, Honeywell.
The automotive inertial sensor market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Inertial Sensor 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 Automotive Inertial Sensor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Inertial Sensor 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 Automotive Inertial Sensor 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 Automotive Inertial Sensor Market Size & Forecast, 2020-2028 4.5.1 Automotive Inertial Sensor Market Size and Y-o-Y Growth 4.5.2 Automotive Inertial Sensor Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Automotive Acceleration Sensor
5.2.2 Car Gyroscope
5.2.3 Automotive IMU
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Inertial Sensor 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 Automotive Inertial Sensor 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Automotive Acceleration Sensor
9.6.2 Car Gyroscope
9.6.3 Automotive IMU
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Automotive Acceleration Sensor
10.6.2 Car Gyroscope
10.6.3 Automotive IMU
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Automotive Acceleration Sensor
11.6.2 Car Gyroscope
11.6.3 Automotive IMU
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Automotive Acceleration Sensor
12.6.2 Car Gyroscope
12.6.3 Automotive IMU
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Automotive Acceleration Sensor
13.6.2 Car Gyroscope
13.6.3 Automotive IMU
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
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 Automotive Inertial Sensor Market: Competitive Dashboard
14.2 Global Automotive Inertial Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 STMicroelectronics
14.3.3 TDK (InvenSense)
14.3.4 NXP Semiconductors
14.3.5 Murata
14.3.6 Analog Devices
14.3.7 Continental AG
14.3.8 Honeywell