Passenger Car Sensors Market Synopsis
Passenger Car Sensors Market Size is Valued at USD 141.48 Billion in 2023 and is Projected to Reach USD 307.28 Billion by 2032, Growing at a CAGR of 9% From 2024-2032.
Passenger Car Sensors Market is the global market that deals with the manufacturing, supplying, and aftermarket service of sensing devices for use in parts of passenger vehicles exclusively. These sensors serve multiple purposes of measuring such factors as temperature, pressure, position, speed, and even oxygen in the vehicle. Most of them are fitted into various systems relating to power trains, chassis, safety and security, body control, and telecommunication. The market is segmented into OEMs and aftermarket across the global regions encompassing a wide range of vehicles including, hatchbacks, sedans, and luxury SUVs.
- The driver-passenger car sensors market is one of the significant and essential categories in the automotive sensor market as the sensors that are in high demand are the sensors that directly affect the performance, safety, and efficiency of automobiles. These are temperature sensors, pressure sensors, speed sensors, and others applied mainly in powertrain, chassis, and safety control systems in passenger cars. They are very useful in observing the engine status and the efficiency of operation of the anti-lock braking system as well as stability control improving the vehicle’s safety by giving real-time information on a variety of factors.
- The market is spurred forward by progress in automotive technology, a tendency towards hybrid vehicles and electric cars, and mandatory safety standards and recommendations across the global automotive industry that all new cars should be equipped with modern sensor systems. OEMs continue to control the market since it is common practice to install the sensor in car designs to suit the changing consumers’ requirements for better performance, comfort, and other features. Also going forward, there would be a constant requirement for the replacement of new and advanced sensor technology in the old vehicles that would increase the aftermarket needs across the North American, European, Asia Pacific, and other international markets.
Passenger Car Sensors Market Trend Analysis
Strategic Insights into the Global Passenger Car Sensors Market
- The Passenger Car Sensors market is growing at a rapid pace due to the advanced use of Sensors, thus enhancing the safety, performance & efficiency of the vehicles. Some of the trends include; advanced automotive radar sensors for ADAS to enhance collision-free and self-driving systems. Also, environmental sensors including the oxygen sensors and the particulate matter sensors are on the rise due to the higher emission norms across the world. One of the prominent trends, in this context, is an increasing number of sensors used in electric and hybrid vehicles for tracking the battery and using its capacity optimally, which exhibits the advancement of car manufacturers in the development of environmentally friendly vehicles. They exemplify a strong growth trend line for the Passenger Car Sensors Market accompanied by constant improvements in the realm of sensors and automotive electronics.
- Thus, the market participants are expected to invest in the creation of sensors with higher accuracy, reliability, and flexibility in integration to satisfy new automotive demands. Further, from being limited to applications in engine management, there are possibilities of new and interesting contexts of sensors as smart connectivity features and predictive maintenance solutions that will open new opportunities for the growth of the market. This kind of expansion is due to the ever-ongoing technological advances in the automotive industry where developments such as the digitalization of automotive systems are apparent besides the enhanced need for vehicles fitted with enhanced sensor-based features to improve comfort as well as safety of the car. In total, every day the demand for the sensors in the new platforms for the passenger cars is increasing in the automotive manufacturing companies, so the Passenger Car Sensors Market is expected to grow continuously due to the technology and regulation factors defining the evolution of the automotive industry.
Fueling Future Mobility, Dynamics of the Passenger Car Sensors Market
- The Passenger Car Sensors Market has immense potential due to the constant innovations in automotive and safety features for automobiles. Sensors are a very important device used in expanding the vehicle’s performance, fuel consumption, and security, due to their ability to relay various values such as temperature, pressure, velocity, and position. The progress towards the use of electric and self-driving cars requires the use of highly advanced sensors for such functions as autonomous navigation, distance control, and self-diagnostic capabilities. Furthermore, the key driving force essential for market growth is the global laws that demand the installation of safety sensors especially in cars. The Asia-Pacific and Latin American countries are projected to be the key markets to show high growth in sensor usage since auto manufacturing grows and consumers demand more sophisticated cars.
- In addition, factors like advancements in technology to come up with minuscule sensors and, adoption of AI and ML in the market are expected to fuel innovation in the market. The former has further enhanced the precision and dependability of the sensors while the latter has also helped in cutting down the general cost of maintenance of vehicles. The aftermarket segment also offers growth prospects because people are changing particular sensors to improve car performance and safety systems. All in all, it can be concluded that the Passenger Car Sensors Market has huge potential for growth shortly and is expected to grow at a healthy pace due to advancements in technology, implementation of safety norms, and the rising consciousness and demand for sophisticated automobile safety and comfort-related features by the consumers.
Passenger Car Sensors Market Segment Analysis:
- Passenger Car Sensors Market Segmented based on type, Vehicle Type, and Application.
By Type, Temperature Sensors segment is expected to dominate the market during the forecast period
- The Passenger Car Sensors Market comprises all types of important sensors deployed in the proper operation of vehicles. They include the engine and cabin temperature sensors, fuel and tire pressure sensors, position sensors for the mechanical parts, speed meters, oxygen sensors for the exhaust gas, and other related sensors that dictate the overall performance of the car and its safety. Both kinds of sensors have central importance in improving car efficiency, safety, and meeting the current emission norms, which proves continuous improvement of automobile sensors.
By Application, Safety & Security segment held the largest share in 2024
- Sensors in passenger cars are widely used in key areas that include Powertrain where engine parameters are effectively controlled and monitored for efficiency. Chassis sensors are involved in stability and handling while those for safety and security are involved in the safety of the driver as well as passengers. Some of the common types of sensors found in cars include body electronics sensors which control comforts and conveniences and the telematics sensors that provides connectivity and remote monitoring. Some of the additional uses include sensing and monitoring, and other applications to enhance automobile workings and safety to shape the new horizon of automotive industry.
Passenger Car Sensors Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America’s Passenger Car Sensors Market is defined by the continuing developments in technologies and strict rules concerning automotive sensors that necessitate the incorporation of enhanced sensor technologies for different sorts of vehicles. Motor industry is also highly developed in the region and the center of attention in this field is the improvement of the car performance, safety and functional aspects through the utilization of sensor technology. Temperature sensors, pressure sensors and oxygen sensors are particularly required to meet the emission norm and fuel efficiency stake regulated by the authorities. In addition to this, aftermarket segment is active across the North American region due to sizable population of car owners who seek upgrades and servicing of sensor integrated systems in their vehicles.
- Also, North America possesses competitive environment with identified sensor manufacturers and automotive Original Equipment Manufacturers (OEMs) investing considerably in research and development to present innovative sensors. Today the market is also impacted by the raising consumers’ demand for connected and autonomous vehicles, that promotes the usage of sensors for ADAS and autonomous driving features. Automotive giants in North American including the United States and Canada are significant revenues to the Passenger Car Sensors Market’s growth; the partnership between tech companies and automotive manufacturers is particularly pushing the region’s advancement.
Active Key Players in the Passenger Car Sensors Market
- Continental AG (Germany)
- Robert Bosch GmbH (Germany)
- DENSO Corporation (Japan)
- TE Connectivity (Switzerland)
- BorgWarner Inc. (U.K.)
- Allegro MicroSystems (U.S.)
- Analog Devices, Inc, (U.S.)
- Infineon Technologies AG (Germany)
- NXP Semiconductor (Netherlands)
- ZF Friedrichshafen AG (Germany)
- Hitachi, Ltd (Japan)
- STMicroelectronics (Switzerland)
- VALEO (France)
- Semiconductor Components Industries, LLC (U.S.)
- CTS Corporation (U.S.)
- Elmos Semiconductor SE (Germany)
- Sensirion AG (Switzerland)
- Thor Industries (U.S.)
- Autoliv (Sweden) and Others.
Global Passenger Car Sensors Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 141.48 Bn. |
Forecast Period 2024-32 CAGR: |
9 % |
Market Size in 2032: |
USD 307.28 Bn. |
Segments Covered: |
By Type |
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By Vehicle Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Passenger Car Sensors Market by Type
4.1 Passenger Car Sensors Market Snapshot and Growth Engine
4.2 Passenger Car Sensors Market Overview
4.3 Temperature Sensors
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Temperature Sensors: Geographic Segmentation Analysis
4.4 Pressure Sensors
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Pressure Sensors: Geographic Segmentation Analysis
4.5 Position Sensors
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Position Sensors: Geographic Segmentation Analysis
4.6 Speed Sensors
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Speed Sensors: Geographic Segmentation Analysis
4.7 Oxygen Sensors
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Oxygen Sensors: Geographic Segmentation Analysis
4.8 Other Sensors
4.8.1 Introduction and Market Overview
4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.8.3 Key Market Trends, Growth Factors and Opportunities
4.8.4 Other Sensors: Geographic Segmentation Analysis
Chapter 5: Passenger Car Sensors Market by By Vehicle Type
5.1 Passenger Car Sensors Market Snapshot and Growth Engine
5.2 Passenger Car Sensors Market Overview
5.3 Compact Passenger Cars
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Compact Passenger Cars: Geographic Segmentation Analysis
5.4 Mid-sized Passenger Cars
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Mid-sized Passenger Cars: Geographic Segmentation Analysis
5.5 Luxury Passenger Cars
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Luxury Passenger Cars: Geographic Segmentation Analysis
5.6 SUVs & Crossovers
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 SUVs & Crossovers: Geographic Segmentation Analysis
5.7 Other Vehicle Types
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Other Vehicle Types: Geographic Segmentation Analysis
Chapter 6: Passenger Car Sensors Market by Application
6.1 Passenger Car Sensors Market Snapshot and Growth Engine
6.2 Passenger Car Sensors Market Overview
6.3 Powertrain
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Powertrain: Geographic Segmentation Analysis
6.4 Chassis
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Chassis: Geographic Segmentation Analysis
6.5 Safety & Security
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Safety & Security: Geographic Segmentation Analysis
6.6 Body Electronics
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Body Electronics: Geographic Segmentation Analysis
6.7 Telematics
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Telematics: Geographic Segmentation Analysis
6.8 & Other Applications
6.8.1 Introduction and Market Overview
6.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.8.3 Key Market Trends, Growth Factors and Opportunities
6.8.4 & Other Applications: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Passenger Car Sensors Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 CONTINENTAL AG (GERMANY)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 ROBERT BOSCH GMBH (GERMANY)
7.4 DENSO CORPORATION (JAPAN)
7.5 TE CONNECTIVITY (SWITZERLAND)
7.6 BORGWARNER INC (UK)
7.7 ALLEGRO MICROSYSTEMS (US)
7.8 ANALOG DEVICES INC (US)
7.9 INFINEON TECHNOLOGIES AG (GERMANY)
7.10 NXP SEMICONDUCTOR (NETHERLANDS)
7.11 ZF FRIEDRICHSHAFEN AG (GERMANY)
7.12 HITACHI LTD (JAPAN)
7.13 STMICROELECTRONICS (SWITZERLAND)
7.14 VALEO (FRANCE)
7.15 SEMICONDUCTOR COMPONENTS INDUSTRIES LLC (US)
7.16 CTS CORPORATION (US)
7.17 ELMOS SEMICONDUCTOR SE (GERMANY)
7.18 SENSIRION AG (SWITZERLAND)
7.19 THOR INDUSTRIES (US)
7.20 AUTOLIV (SWEDEN)
7.21 AND OTHERS
Chapter 8: Global Passenger Car Sensors Market By Region
8.1 Overview
8.2. North America Passenger Car Sensors Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Temperature Sensors
8.2.4.2 Pressure Sensors
8.2.4.3 Position Sensors
8.2.4.4 Speed Sensors
8.2.4.5 Oxygen Sensors
8.2.4.6 Other Sensors
8.2.5 Historic and Forecasted Market Size By By Vehicle Type
8.2.5.1 Compact Passenger Cars
8.2.5.2 Mid-sized Passenger Cars
8.2.5.3 Luxury Passenger Cars
8.2.5.4 SUVs & Crossovers
8.2.5.5 Other Vehicle Types
8.2.6 Historic and Forecasted Market Size By Application
8.2.6.1 Powertrain
8.2.6.2 Chassis
8.2.6.3 Safety & Security
8.2.6.4 Body Electronics
8.2.6.5 Telematics
8.2.6.6 & Other Applications
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Passenger Car Sensors Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Temperature Sensors
8.3.4.2 Pressure Sensors
8.3.4.3 Position Sensors
8.3.4.4 Speed Sensors
8.3.4.5 Oxygen Sensors
8.3.4.6 Other Sensors
8.3.5 Historic and Forecasted Market Size By By Vehicle Type
8.3.5.1 Compact Passenger Cars
8.3.5.2 Mid-sized Passenger Cars
8.3.5.3 Luxury Passenger Cars
8.3.5.4 SUVs & Crossovers
8.3.5.5 Other Vehicle Types
8.3.6 Historic and Forecasted Market Size By Application
8.3.6.1 Powertrain
8.3.6.2 Chassis
8.3.6.3 Safety & Security
8.3.6.4 Body Electronics
8.3.6.5 Telematics
8.3.6.6 & Other Applications
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Passenger Car Sensors Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Temperature Sensors
8.4.4.2 Pressure Sensors
8.4.4.3 Position Sensors
8.4.4.4 Speed Sensors
8.4.4.5 Oxygen Sensors
8.4.4.6 Other Sensors
8.4.5 Historic and Forecasted Market Size By By Vehicle Type
8.4.5.1 Compact Passenger Cars
8.4.5.2 Mid-sized Passenger Cars
8.4.5.3 Luxury Passenger Cars
8.4.5.4 SUVs & Crossovers
8.4.5.5 Other Vehicle Types
8.4.6 Historic and Forecasted Market Size By Application
8.4.6.1 Powertrain
8.4.6.2 Chassis
8.4.6.3 Safety & Security
8.4.6.4 Body Electronics
8.4.6.5 Telematics
8.4.6.6 & Other Applications
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Passenger Car Sensors Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Temperature Sensors
8.5.4.2 Pressure Sensors
8.5.4.3 Position Sensors
8.5.4.4 Speed Sensors
8.5.4.5 Oxygen Sensors
8.5.4.6 Other Sensors
8.5.5 Historic and Forecasted Market Size By By Vehicle Type
8.5.5.1 Compact Passenger Cars
8.5.5.2 Mid-sized Passenger Cars
8.5.5.3 Luxury Passenger Cars
8.5.5.4 SUVs & Crossovers
8.5.5.5 Other Vehicle Types
8.5.6 Historic and Forecasted Market Size By Application
8.5.6.1 Powertrain
8.5.6.2 Chassis
8.5.6.3 Safety & Security
8.5.6.4 Body Electronics
8.5.6.5 Telematics
8.5.6.6 & Other Applications
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Passenger Car Sensors Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Temperature Sensors
8.6.4.2 Pressure Sensors
8.6.4.3 Position Sensors
8.6.4.4 Speed Sensors
8.6.4.5 Oxygen Sensors
8.6.4.6 Other Sensors
8.6.5 Historic and Forecasted Market Size By By Vehicle Type
8.6.5.1 Compact Passenger Cars
8.6.5.2 Mid-sized Passenger Cars
8.6.5.3 Luxury Passenger Cars
8.6.5.4 SUVs & Crossovers
8.6.5.5 Other Vehicle Types
8.6.6 Historic and Forecasted Market Size By Application
8.6.6.1 Powertrain
8.6.6.2 Chassis
8.6.6.3 Safety & Security
8.6.6.4 Body Electronics
8.6.6.5 Telematics
8.6.6.6 & Other Applications
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Passenger Car Sensors Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Temperature Sensors
8.7.4.2 Pressure Sensors
8.7.4.3 Position Sensors
8.7.4.4 Speed Sensors
8.7.4.5 Oxygen Sensors
8.7.4.6 Other Sensors
8.7.5 Historic and Forecasted Market Size By By Vehicle Type
8.7.5.1 Compact Passenger Cars
8.7.5.2 Mid-sized Passenger Cars
8.7.5.3 Luxury Passenger Cars
8.7.5.4 SUVs & Crossovers
8.7.5.5 Other Vehicle Types
8.7.6 Historic and Forecasted Market Size By Application
8.7.6.1 Powertrain
8.7.6.2 Chassis
8.7.6.3 Safety & Security
8.7.6.4 Body Electronics
8.7.6.5 Telematics
8.7.6.6 & Other Applications
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Global Passenger Car Sensors Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 141.48 Bn. |
Forecast Period 2024-32 CAGR: |
9 % |
Market Size in 2032: |
USD 307.28 Bn. |
Segments Covered: |
By Type |
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By Vehicle Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Passenger Car Sensors Market research report is 2024-2032.
Continental AG (Germany), Robert Bosch GmbH (Germany), DENSO Corporation (Japan), TE Connectivity (Switzerland), BorgWarner Inc. (U.K.), Allegro MicroSystems (U.S.), Analog Devices, Inc. (U.S.), Infineon Technologies AG (Germany), NXP Semiconductor (Netherlands), ZF Friedrichshafen AG (Germany), Hitachi, Ltd (Japan), STMicroelectronics (Switzerland), VALEO (France), Semiconductor Components Industries, LLC (U.S.), CTS Corporation (U.S.), Elmos Semiconductor SE (Germany), Sensirion AG (Switzerland), Thor Industries (U.S.), Autoliv (Sweden). and Other Major Players.
The Passenger Car Sensors Market is segmented into by Type (Temperature Sensors, Pressure Sensors, Position Sensors, Speed Sensors, Oxygen Sensors, Other Sensors), By Vehicle Type (Compact Passenger Cars, Mid-sized Passenger Cars, Luxury Passenger Cars, SUVs & Crossovers, Other Vehicle Types), Application (Powertrain, Chassis, Safety & Security, Body Electronics, Telematics, Other Applications). By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Passenger Car Sensors Market means the global market that deals with the manufacturing, supplying, and aftermarket service of sensing devices for use in parts of passenger vehicles exclusively. These sensors serve multiple purposes of measuring such factors as temperature, pressure, position, speed, and even oxygen in the vehicle. Most of them are fitted into various systems relating to power train, chassis, safety and security, body control, and telecommunication. The market is segmented into OEMs and aftermarket across the global regions encompassing a wide range of vehicles including, hatchbacks, sedans, and luxury SUVs.
Passenger Car Sensors Market Size is Valued at USD 141.48 Billion in 2023 and is Projected to Reach USD 307.28 Billion by 2032, Growing at a CAGR of 9% From 2024-2032.