Market Overview:
The global automotive sensing systems market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles, and the rising trend of autonomous driving. The global automotive sensing systems market by type is segmented into automotive sensing cameras, automotive LiDAR, automotive ultrasonic sensors, and data on automotive camera. The data on automotive camera segment is expected to grow at the highest CAGR during the forecast period from 2018 to 2030 owing to its growing demand in passenger vehicles as well as commercial vehicles. This can be attributed to its ability detect various types of objects around a vehicle such as pedestrians, cyclists, other cars etc., which helps in improving safety while driving. The global Automotive Sensing Systems Market by application is segmented into passenger vehicle and commercial vehicle segments. The passenger vehicle segment dominates the global market with a share of more than 60%.
Product Definition:
An automotive sensing system is a device or set of devices used to detect and respond to various inputs in order to improve the safety, comfort, and efficiency of a vehicle. These systems can include sensors for things like rain, wind, light levels, traffic congestion, and proximity to other vehicles. They can also include features like automatic headlights and wipers. Automotive sensing systems are important because they allow vehicles to adapt more safely and efficiently to their surroundings.
Automotive Sensing Camera:
Automotive sensing camera is a device that is used to record images and videos in the car. It has wide applications in active safety systems such as Adaptive Cruise Control (ACC), Blind Spot Detection (BSD), Lane Departure Warning (LWD) and parking assistance system, which uses vision based sensors for monitoring the surroundings.
The automotive sensing camera market size was valued at USD 472.1 million in 2016.
Automotive LiDAR:
Automotive LiDAR is a type of laser measurement that is used in automotive sensing systems. It measures the distance using short and long wavelength light from a laser source. The major applications are in vehicle safety, driver assistance, ADAS (Advanced Driver Assistance Systems) and infotainment systems among others. ADAS uses it to sense the environment around the vehicle; for instance, by measuring tire pressure or temperature using short-range sensors mounted on each wheel of a car.
Application Insights:
The passenger vehicle segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The increasing number of fatalities and injuries caused by road accidents has led to a significant increase in demand for safety systems, which include driver assistance systems such as adaptive cruise control, lane departure warning system, parking assist etc. These systems help improve driver comfort & convenience along with enhancing vehicle safety features.
Commercial vehicles are expected to witness a CAGR of XX% from 2017 to 2030 owing to rising demand from developing countries such as India and China that have been making investments in railways infrastructure development at an unprecedented rate over the past few years. Furthermore, governments across developed countries are investing significantly in connected trucks that would enable drivers operating these vehiclesto make accurate decisions while driving on account of increased awareness about road safety issues among commercial drivers worldwide.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to maintain its position over the forecast period. The regional growth can be attributed to increasing investments in R&D, technological advancements, high purchasing power of consumers and stringent regulations. The growing demand for advanced driver assistance systems (ADAS) coupled with rising adoption of connected cars is also expected to drive the regional market growth.
The Asia Pacific region accounted for a major share owing to increasing automobile production in countries such as China, India and Japan along with rising consumer disposable income levels. Moreover, favorable government initiatives are encouraging automotive manufacturers present across this region to incorporate these sensing systems into their vehicles so that they could achieve higher sales volumes at lower costs while maintaining safety standards required by law enforcement agencies as well as passengers’ comfort requirements. This factor is anticipated to boost automotive sensing system demand across this region during the forecast period from 2018 to 2030 timeframe.
Growth Factors:
- Increasing demand for safety and security in vehicles
- Rising demand for luxury and comfort features in vehicles
- Development of advanced automotive sensing systems
- Growing popularity of autonomous cars and driverless technology
- Proliferation of connected cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Sensing Systems Market Research Report
By Type
Automotive Sensing Camera, Automotive LiDAR, Automotive Ultrasonic Sensor, Data on Automotive Camera
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Bosch, ZF (TRW), Continental, Autoliv, Mcnex, Panasonic, Aisin, Valeo, Hella, Velodyne, Ibeo, Quanergy Systems, Nicera, Murata, Audiowell
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Sensing Systems Market Report Segments:
The global Automotive Sensing Systems market is segmented on the basis of:
Types
Automotive Sensing Camera, Automotive LiDAR, Automotive Ultrasonic Sensor, Data on Automotive Camera
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 Vehicle, 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:
- Bosch
- ZF (TRW)
- Continental
- Autoliv
- Mcnex
- Panasonic
- Aisin
- Valeo
- Hella
- Velodyne
- Ibeo
- Quanergy Systems
- Nicera
- Murata
- Audiowell
Highlights of The Automotive Sensing Systems 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 Sensing Camera
- Automotive LiDAR
- Automotive Ultrasonic Sensor
- Data on Automotive Camera
- By Application:
- Passenger Vehicle
- 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 Sensing Systems 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?
Automotive sensing systems are a type of vehicle technology that uses sensors to collect data about the environment around the car. This data can be used to improve the performance and safety of the car. Some common automotive sensing systems include cruise control, lane departure warning, and blind spot monitoring.
Some of the major companies in the automotive sensing systems market are Bosch, ZF (TRW), Continental, Autoliv, Mcnex, Panasonic, Aisin, Valeo, Hella, Velodyne, Ibeo, Quanergy Systems, Nicera, Murata, Audiowell.
The automotive sensing systems market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Sensing Systems 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 Sensing Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Sensing Systems 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 Sensing Systems 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 Sensing Systems Market Size & Forecast, 2018-2028
4.5.1 Automotive Sensing Systems Market Size and Y-o-Y Growth
4.5.2 Automotive Sensing Systems Market Absolute $ Opportunity
Chapter 5 Global Automotive Sensing Systems 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 Sensing Systems Market Size Forecast by Type
5.2.1 Automotive Sensing Camera
5.2.2 Automotive LiDAR
5.2.3 Automotive Ultrasonic Sensor
5.2.4 Data on Automotive Camera
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Sensing Systems 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 Sensing Systems Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Sensing Systems 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 Sensing Systems 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 Sensing Systems Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Sensing Systems 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 Sensing Systems Market Size Forecast by Type
9.6.1 Automotive Sensing Camera
9.6.2 Automotive LiDAR
9.6.3 Automotive Ultrasonic Sensor
9.6.4 Data on Automotive Camera
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 Sensing Systems Market Size Forecast by Applications
9.10.1 Passenger Vehicle
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 Sensing Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Sensing Systems 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 Sensing Systems Market Size Forecast by Type
10.6.1 Automotive Sensing Camera
10.6.2 Automotive LiDAR
10.6.3 Automotive Ultrasonic Sensor
10.6.4 Data on Automotive Camera
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 Sensing Systems Market Size Forecast by Applications
10.10.1 Passenger Vehicle
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 Sensing Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Sensing Systems 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 Sensing Systems Market Size Forecast by Type
11.6.1 Automotive Sensing Camera
11.6.2 Automotive LiDAR
11.6.3 Automotive Ultrasonic Sensor
11.6.4 Data on Automotive Camera
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 Sensing Systems Market Size Forecast by Applications
11.10.1 Passenger Vehicle
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 Sensing Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Sensing Systems 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 Sensing Systems Market Size Forecast by Type
12.6.1 Automotive Sensing Camera
12.6.2 Automotive LiDAR
12.6.3 Automotive Ultrasonic Sensor
12.6.4 Data on Automotive Camera
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 Sensing Systems Market Size Forecast by Applications
12.10.1 Passenger Vehicle
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 Sensing Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Sensing Systems 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 Sensing Systems Market Size Forecast by Type
13.6.1 Automotive Sensing Camera
13.6.2 Automotive LiDAR
13.6.3 Automotive Ultrasonic Sensor
13.6.4 Data on Automotive Camera
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 Sensing Systems Market Size Forecast by Applications
13.10.1 Passenger Vehicle
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 Sensing Systems Market: Competitive Dashboard
14.2 Global Automotive Sensing Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 ZF (TRW)
14.3.3 Continental
14.3.4 Autoliv
14.3.5 Mcnex
14.3.6 Panasonic
14.3.7 Aisin
14.3.8 Valeo
14.3.9 Hella
14.3.10 Velodyne
14.3.11 Ibeo
14.3.12 Quanergy Systems
14.3.13 Nicera
14.3.14 Murata
14.3.15 Audiowell
