Market Overview:
The global automotive rain sensor market is estimated to be valued at US$ 1,362.8 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 increasing demand for luxury cars and commercial vehicles are expected to drive the growth of the global automotive rain sensor market during the forecast period. In terms of type, OEMs are expected to account for a larger share of the global automotive rain sensor market in 2018. However, aftermarket is projected to register higher CAGR during the forecast period owing to increase in replacement demand across regions. Passenger car application segment is anticipated hold dominant share in terms of revenue contribution throughout the forecast period followed by commercial vehicle application segment. North America accounted for majority share in 2017 and it is anticipated that this region will continue its dominance throughout 2030 owing high adoption rate coupled with presence major players operating therein such as Robert Bosch GmbH., Continental AG., Denso Corporation.
Product Definition:
An automotive rain sensor is a device that helps drivers by automatically turning on the windshield wipers when it begins to rain.
OEMS:
OEMS is an acronym for Original Equipment Manufacturers. It's used to identify the automobile manufacturer or the company that originally manufactured a component or product, which is being replaced by another company.
Aftermarket:
Aftermarket is the second hand market for consumer electronic goods such as mobile phones, computers, cameras and other related products. Automotive rain sensor is used to detect amount of water that has reached the downpipe from the turbocharger or engine bay. This device helps in maintaining optimum performance and hygiene of vehicle engines by avoiding any damage due to Wet Oxidation (WO) or dry oxidation (DO).
Application Insights:
The passenger car segment accounted for the largest revenue share of over 60% in 2017. The demand is expected to be high for these sensors as they provide better performance and are more reliable than other types of sensors used in vehicles. These devices help improve visibility on rainy days by providing a warning indicator light if the driver does not adjust his or her driving speed according to the weather conditions.
Commercial vehicle application segment is expected to grow at a CAGR of XX% from 2018 to 2030 owing to rising demand from construction, mining and agricultural industries for durable and accurate rain sensor products with enhanced features such as temperature display, battery life indication.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30.0% in 2017 owing to increasing sales of passenger cars and commercial vehicles in China, India, South Korea, and Japan. In addition, rising disposable income levels are anticipated to fuel demand for premium automobiles with enhanced safety features such as rain sensing systems across emerging countries including Indonesia and Malaysia.
Europe was estimated at USD X million in 2017 owing to stringent government regulations regarding road safety coupled with growing emphasis on vehicle emissions across various countries such as Germany, France Belgium etc., which will have a positive impact on the industry growth over the next eight years. North America is also likely to witness steady growth due to increasing R&D activities by major players for incorporation of latest technologies into automotive systems at affordable prices thereby benefitting consumers over the coming years.
Growth Factors:
- Increasing demand for luxury cars
- Rising disposable income of consumers
- Technological advancements in automotive rain sensors
- Stringent government regulations for safety and emissions control
- Growing awareness about the benefits of automotive rain sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Rain Sensor Market Research Report
By Type
OEMS, Aftermarket
By Application
Passenger Car, Commercial Vehicle
By Companies
Denso Corporation (Japan), HELLA KGaA Hueck & Co. (Germany), ZF TRW (U.S.), Robert Bosch GmBH (Germany), Hamamatsu Photonics K.K.(Japan), Mitsubishi Motors Corporation, Vishay Intertechnology Inc, Melexis Microelectronic Systems, The Kostal Group
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Rain Sensor Market Report Segments:
The global Automotive Rain Sensor market is segmented on the basis of:
Types
OEMS, Aftermarket
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, Commercial Vehicle
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:
- Denso Corporation (Japan)
- HELLA KGaA Hueck & Co. (Germany)
- ZF TRW (U.S.)
- Robert Bosch GmBH (Germany)
- Hamamatsu Photonics K.K.(Japan)
- Mitsubishi Motors Corporation
- Vishay Intertechnology Inc
- Melexis Microelectronic Systems
- The Kostal Group
Highlights of The Automotive Rain 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:
- OEMS
- Aftermarket
- By Application:
- Passenger Car
- Commercial Vehicle
- 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 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
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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 sensor is a device that monitors rainfall and sends an alert to the driver if there is too much water on the road. This can help avoid accidents caused by wet roads.
Some of the major players in the automotive rain sensor market are Denso Corporation (Japan), HELLA KGaA Hueck & Co. (Germany), ZF TRW (U.S.), Robert Bosch GmBH (Germany), Hamamatsu Photonics K.K.(Japan), Mitsubishi Motors Corporation, Vishay Intertechnology Inc, Melexis Microelectronic Systems, The Kostal Group.
The automotive rain 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 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 Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Rain 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 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 Sensor Market Size & Forecast, 2018-2028
4.5.1 Automotive Rain Sensor Market Size and Y-o-Y Growth
4.5.2 Automotive Rain Sensor Market Absolute $ Opportunity
Chapter 5 Global Automotive Rain 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 Sensor Market Size Forecast by Type
5.2.1 OEMS
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Rain 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 Sensor Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Rain 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 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 Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Rain 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 Sensor Market Size Forecast by Type
9.6.1 OEMS
9.6.2 Aftermarket
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 Sensor Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
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 Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Rain 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 Sensor Market Size Forecast by Type
10.6.1 OEMS
10.6.2 Aftermarket
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 Sensor Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
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 Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Rain 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 Sensor Market Size Forecast by Type
11.6.1 OEMS
11.6.2 Aftermarket
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 Sensor Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
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 Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Rain 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 Sensor Market Size Forecast by Type
12.6.1 OEMS
12.6.2 Aftermarket
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 Sensor Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
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 Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Rain 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 Sensor Market Size Forecast by Type
13.6.1 OEMS
13.6.2 Aftermarket
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 Sensor Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
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 Sensor Market: Competitive Dashboard
14.2 Global Automotive Rain Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Denso Corporation (Japan)
14.3.2 HELLA KGaA Hueck & Co. (Germany)
14.3.3 ZF TRW (U.S.)
14.3.4 Robert Bosch GmBH (Germany)
14.3.5 Hamamatsu Photonics K.K.(Japan)
14.3.6 Mitsubishi Motors Corporation
14.3.7 Vishay Intertechnology Inc
14.3.8 Melexis Microelectronic Systems
14.3.9 The Kostal Group
