Market Overview:
The global automotive rain and light 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 cars and commercial vehicles across the globe. In addition, rising awareness about safety features in vehicles is also expected to fuel the demand for automotive rain and light sensors during the forecast period. Based on type, the global automotive rain and light sensor market has been segmented into rain sensors and light sensors. The rain sensor segment is anticipated to account for a larger share of the global market in 2018 owing to its growing adoption in passenger cars as well as commercial vehicles.
Product Definition:
An automotive rain and light sensor is a device used to detect precipitation and ambient light levels. It is typically used in conjunction with automatic windshield wipers and headlights. The sensor may be an optical or ultrasonic type.
Rain Sensor:
The global rain sensor market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for advanced safety features such as adaptive cruise control, blind spot detection, lane departure warning systems, and rain sensing windshield wipers in passenger vehicles among others.
Light Sensor:
The light sensor is a device that reacts to the amount of light falling on it. It can be used in various applications such as automotive, consumer electronics, and industrial automation. The automotive application involves using it for detecting vehicle speed and determining brake pressure. In the case of consumer electronics, they are used for controlling television sets and digital cameras among others.
Application Insights:
The passenger car segment accounted for the largest revenue share of over 60% in 2017. The demand for these devices is significantly higher in the passenger car segment as compared to other segments owing to various advantages offered by these sensors such as improved vision and safety at night time. These devices help improve vehicle visibility, enhance driver safety and comfort, optimize fuel consumption and reduce carbon emissions.
These sensors are integrated with advanced lighting systems that provide high-beam assistance, low-beam headlight adjustment while turning, changing lanes or moving away from a parked position. They also have functions such as dynamic front lighting system adjustment based on driving behavior which provides an enhanced level of illumination during day time conditions along with increased energy efficiency when compared to conventional halogen or HID headlights used on vehicles currently in production across the globe.
Regional Analysis:
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing demand for passenger cars and commercial vehicles in countries such as China, India, and Japan. The growing adoption of light detection sensors in the automotive industry is also expected to drive regional growth. For instance, Hyundai Motor Company installed a rain sensor on its Tucson model that can automatically switch between Dynamic Rain Mode and Standard Mode based on the weather conditions. Such technological advancements are further expected to boost regional product demand over the coming years.
Europe accounted for more than 25% of revenue share in 2017 owing to stringent government regulations regarding fuel economy of vehicles coupled with rising consumer preference for efficient automobiles with low emissions rating. Moreover, presence of major automobile manufacturers such as BMW Group; Mercedes-Benz AG; Audi AG; Volkswagen Group (Audi, Volkswagen); Fiat Chrysler Automobiles N.V.; Ford Motor Company; Opel Rüsselsheim GmbH & Co., KG; Renault S.A.
Growth Factors:
- Increasing demand for safety features in vehicles
- Rising disposable income of consumers
- Technological advancements in automotive rain and light sensors
- Stringent government regulations for vehicle safety standards
- Growing demand for luxury cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Rain and Light Sensor Market Research Report
By Type
Rain Sensor, Light Sensor
By Application
Passenger Car (PC), Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
By Companies
TRW, Mitsubishi Motors, Volkswagen, Hella, AUDI AG., BMW, Kostal Group, Panasonic, Osram GmbH, ROHM, TRW, CETC Motor, Hirain, G-Pulse, Startway, Kenchuang, Yichenglong
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Rain and Light Sensor Market Report Segments:
The global Automotive Rain and Light Sensor market is segmented on the basis of:
Types
Rain Sensor, Light Sensor
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 Car (PC), Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
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:
- TRW
- Mitsubishi Motors
- Volkswagen
- Hella
- AUDI AG.
- BMW
- Kostal Group
- Panasonic
- Osram GmbH
- ROHM
- TRW
- CETC Motor
- Hirain
- G-Pulse
- Startway
- Kenchuang
- Yichenglong
Highlights of The Automotive Rain and Light 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:
- Rain Sensor
- Light Sensor
- By Application:
- Passenger Car (PC)
- Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
- 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 Rain and Light 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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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 rain and light sensor is a device that senses rainfall or sunlight and sends an electrical signal to the vehicle's computer, which then alters the driving behavior of the car.
Some of the major companies in the automotive rain and light sensor market are TRW, Mitsubishi Motors, Volkswagen, Hella, AUDI AG., BMW, Kostal Group, Panasonic, Osram GmbH, ROHM, TRW, CETC Motor, Hirain, G-Pulse, Startway, Kenchuang, Yichenglong.
The automotive rain and light 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 Rain and Light 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 Rain and Light Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Rain and Light 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 Rain and Light 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 Rain and Light Sensor Market Size & Forecast, 2018-2028
4.5.1 Automotive Rain and Light Sensor Market Size and Y-o-Y Growth
4.5.2 Automotive Rain and Light Sensor Market Absolute $ Opportunity
Chapter 5 Global Automotive Rain and Light Sensor 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 Automotive Rain and Light Sensor Market Size Forecast by Type
5.2.1 Rain Sensor
5.2.2 Light Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Rain and Light Sensor 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 Automotive Rain and Light Sensor Market Size Forecast by Applications
6.2.1 Passenger Car (PC)
6.2.2 Commercial Vehicle (LCV)
6.2.3 Heavy Commercial Vehicle (HCV)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Rain and Light 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 Rain and Light 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 Automotive Rain and Light Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Rain and Light Sensor 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 Automotive Rain and Light Sensor Market Size Forecast by Type
9.6.1 Rain Sensor
9.6.2 Light Sensor
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 Automotive Rain and Light Sensor Market Size Forecast by Applications
9.10.1 Passenger Car (PC)
9.10.2 Commercial Vehicle (LCV)
9.10.3 Heavy Commercial Vehicle (HCV)
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 Automotive Rain and Light Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Rain and Light Sensor 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 Automotive Rain and Light Sensor Market Size Forecast by Type
10.6.1 Rain Sensor
10.6.2 Light Sensor
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 Automotive Rain and Light Sensor Market Size Forecast by Applications
10.10.1 Passenger Car (PC)
10.10.2 Commercial Vehicle (LCV)
10.10.3 Heavy Commercial Vehicle (HCV)
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 Automotive Rain and Light Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Rain and Light Sensor 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 Automotive Rain and Light Sensor Market Size Forecast by Type
11.6.1 Rain Sensor
11.6.2 Light Sensor
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 Automotive Rain and Light Sensor Market Size Forecast by Applications
11.10.1 Passenger Car (PC)
11.10.2 Commercial Vehicle (LCV)
11.10.3 Heavy Commercial Vehicle (HCV)
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 Automotive Rain and Light Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Rain and Light Sensor 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 Automotive Rain and Light Sensor Market Size Forecast by Type
12.6.1 Rain Sensor
12.6.2 Light Sensor
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 Automotive Rain and Light Sensor Market Size Forecast by Applications
12.10.1 Passenger Car (PC)
12.10.2 Commercial Vehicle (LCV)
12.10.3 Heavy Commercial Vehicle (HCV)
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) Automotive Rain and Light Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Rain and Light Sensor 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) Automotive Rain and Light Sensor Market Size Forecast by Type
13.6.1 Rain Sensor
13.6.2 Light Sensor
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) Automotive Rain and Light Sensor Market Size Forecast by Applications
13.10.1 Passenger Car (PC)
13.10.2 Commercial Vehicle (LCV)
13.10.3 Heavy Commercial Vehicle (HCV)
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 Rain and Light Sensor Market: Competitive Dashboard
14.2 Global Automotive Rain and Light Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TRW
14.3.2 Mitsubishi Motors
14.3.3 Volkswagen
14.3.4 Hella
14.3.5 AUDI AG.
14.3.6 BMW
14.3.7 Kostal Group
14.3.8 Panasonic
14.3.9 Osram GmbH
14.3.10 ROHM
14.3.11 TRW
14.3.12 CETC Motor
14.3.13 Hirain
14.3.14 G-Pulse
14.3.15 Startway
14.3.16 Kenchuang
14.3.17 Yichenglong
