Market Overview:
The global commercial vehicle sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for commercial vehicles across the globe and the rising need for safety and security features in these vehicles. The global commercial vehicle sensors market is segmented on the basis of type, application, and region. On the basis of type, MEMs sensors are expected to lead the market duringthe forecast period owingto their small size, low power consumption, and high accuracy.
Product Definition:
Commercial Vehicle Sensors are devices used to monitor the performance and safety of commercial vehicles. They include sensors for monitoring speed, distance, braking, and other parameters that can affect safety. Commercial Vehicle Sensors play an important role in ensuring the safe operation of commercial vehicles.
MEMs:
It has gained popularity owing to its ability to reduce the size of components required for performing a particular function. MEMS technology has been used in several automotive applications such as airbag deployment and tire pressure monitoring systems.
The global commercial vehicle sensing market was valued at USD 6,500 million in 2015.
Pressure:
The pressure is the force per unit area that acts on every object. The pressure in a given area can be caused by the weight of air or any other gas, as well as by compressive forces (pushing or pulling) and tensile forces (lifting or cutting). A high-pressure sensor is usually an electrical device that measures the force acting on it, which may be due to atmospheric pressure, applied mechanical pressures, vacuum cleaner suction, etc.
Application Insights:
The powertrain application segment accounted for the largest revenue share of over 40% in 2017. The sensors used in powertrain applications are responsible for monitoring and controlling various engine parameters, such as fuel injection quantity, air intake/exhaustion amount, and ignition timing. These parameters are monitored continuously during vehicle operation and then adjusted as required to maintain optimum vehicle performance.
The chassis application segment is expected to witness the fastest growth rate over the forecast period owing to its increasing use in safety systems such as anti-lock brake (ABS), electronic stability control (ESC), tire pressure monitoring system (TPMS), rollover detection system, traction control system etc. Increasing government regulations regarding road safety are also anticipated to boost product demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in developing countries such as China and India. For instance, in 2017, China’s GDP grew by 6.7% which was higher than that of U.S.
The European region dominated the global commercial vehicle sensors market with a revenue share of around 35% in 2016 owing to early adoption of various advanced technologies across major markets including Germany and France among others.
Growth Factors:
- Increasing demand for commercial vehicles due to rising disposable income and globalization.
- Growing awareness about the benefits of using commercial vehicle sensors for safety and security purposes.
- Technological advancements in sensor technology that are making them more efficient, reliable, and affordable.
- Stringent government regulations mandating the use of commercial vehicle sensors in various applications such as fleet management, transportation, and logistics etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Vehicle Sensors Market Research Report
By Type
MEMs, Pressure, Temperature, Position, Motion, Image, Level, Other Sensors
By Application
Powertrain, Chassis, Exhaust, Safety & Control, Body Electronics, Telematics, Others
By Companies
Robert Bosch Gmbh, Continental Ag, Delphi Automotive, Denso, Infineon Technologies AG, APTIV, Melexis, Sensata PLC, CTS Corporation, Hella, IAV, Bourns, Ruptela, Stoneridge, Te Connectivity Ltd
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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Vehicle Sensors Market Report Segments:
The global Commercial Vehicle Sensors market is segmented on the basis of:
Types
MEMs, Pressure, Temperature, Position, Motion, Image, Level, Other Sensors
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
Powertrain, Chassis, Exhaust, Safety & Control, Body Electronics, Telematics, Others
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:
- Robert Bosch Gmbh
- Continental Ag
- Delphi Automotive
- Denso
- Infineon Technologies AG
- APTIV
- Melexis
- Sensata PLC
- CTS Corporation
- Hella
- IAV
- Bourns
- Ruptela
- Stoneridge
- Te Connectivity Ltd
Highlights of The Commercial Vehicle Sensors 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:
- MEMs
- Pressure
- Temperature
- Position
- Motion
- Image
- Level
- Other Sensors
- By Application:
- Powertrain
- Chassis
- Exhaust
- Safety & Control
- Body Electronics
- Telematics
- Others
- 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 Commercial Vehicle Sensors 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:
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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?
Commercial vehicle sensors are devices that are installed in commercial vehicles to collect data about the vehicle's surroundings. This data can be used to improve the safety and efficiency of the commercial vehicle, as well as to improve traffic flow.
Some of the major companies in the commercial vehicle sensors market are Robert Bosch Gmbh, Continental Ag, Delphi Automotive, Denso, Infineon Technologies AG, APTIV, Melexis, Sensata PLC, CTS Corporation, Hella, IAV, Bourns, Ruptela, Stoneridge, Te Connectivity Ltd.
The commercial vehicle sensors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Vehicle Sensors 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 Commercial Vehicle Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Vehicle Sensors 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 Commercial Vehicle Sensors 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 Commercial Vehicle Sensors Market Size & Forecast, 2020-2028
4.5.1 Commercial Vehicle Sensors Market Size and Y-o-Y Growth
4.5.2 Commercial Vehicle Sensors 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 MEMs
5.2.2 Pressure
5.2.3 Temperature
5.2.4 Position
5.2.5 Motion
5.2.6 Image
5.2.7 Level
5.2.8 Other Sensors
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 Powertrain
6.2.2 Chassis
6.2.3 Exhaust
6.2.4 Safety & Control
6.2.5 Body Electronics
6.2.6 Telematics
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Vehicle Sensors 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 Commercial Vehicle Sensors 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 MEMs
9.6.2 Pressure
9.6.3 Temperature
9.6.4 Position
9.6.5 Motion
9.6.6 Image
9.6.7 Level
9.6.8 Other Sensors
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 Powertrain
9.10.2 Chassis
9.10.3 Exhaust
9.10.4 Safety & Control
9.10.5 Body Electronics
9.10.6 Telematics
9.10.7 Others
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 MEMs
10.6.2 Pressure
10.6.3 Temperature
10.6.4 Position
10.6.5 Motion
10.6.6 Image
10.6.7 Level
10.6.8 Other Sensors
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 Powertrain
10.10.2 Chassis
10.10.3 Exhaust
10.10.4 Safety & Control
10.10.5 Body Electronics
10.10.6 Telematics
10.10.7 Others
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 MEMs
11.6.2 Pressure
11.6.3 Temperature
11.6.4 Position
11.6.5 Motion
11.6.6 Image
11.6.7 Level
11.6.8 Other Sensors
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 Powertrain
11.10.2 Chassis
11.10.3 Exhaust
11.10.4 Safety & Control
11.10.5 Body Electronics
11.10.6 Telematics
11.10.7 Others
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 MEMs
12.6.2 Pressure
12.6.3 Temperature
12.6.4 Position
12.6.5 Motion
12.6.6 Image
12.6.7 Level
12.6.8 Other Sensors
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 Powertrain
12.10.2 Chassis
12.10.3 Exhaust
12.10.4 Safety & Control
12.10.5 Body Electronics
12.10.6 Telematics
12.10.7 Others
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 MEMs
13.6.2 Pressure
13.6.3 Temperature
13.6.4 Position
13.6.5 Motion
13.6.6 Image
13.6.7 Level
13.6.8 Other Sensors
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 Powertrain
13.10.2 Chassis
13.10.3 Exhaust
13.10.4 Safety & Control
13.10.5 Body Electronics
13.10.6 Telematics
13.10.7 Others
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 Commercial Vehicle Sensors Market: Competitive Dashboard
14.2 Global Commercial Vehicle Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch Gmbh
14.3.2 Continental Ag
14.3.3 Delphi Automotive
14.3.4 Denso
14.3.5 Infineon Technologies AG
14.3.6 APTIV
14.3.7 Melexis
14.3.8 Sensata PLC
14.3.9 CTS Corporation
14.3.10 Hella
14.3.11 IAV
14.3.12 Bourns
14.3.13 Ruptela
14.3.14 Stoneridge
14.3.15 Te Connectivity Ltd
