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#Automotive electronics sensor aftermarket Market Analysis
bizworldinsights · 2 months
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 Automotive Oxygen Sensor 
The Automotive Oxygen Sensor market, valued at US$ XX million in 2019, is projected to witness a steady CAGR of 3.8% during the forecast period. This electronic device plays a crucial role in measuring the oxygen levels in exhaust sensors, sending signals to the car's processing unit. This ensures optimal fuel-to-air ratio, preventing the engine from running too rich or too lean. Originally discovered in 1960 by Robert Bosch GmbH, the oxygen sensor has become an integral component of automotive exhaust systems.
Key Factors Driving the Global Oxygen Sensor Market Revenue
Technological Advancements: Miniaturization of integrated circuits is paving the way for next-gen oxygen sensors capable of performing in high temperatures. The implementation of microfibration technology is contributing to the development of state-of-the-art sensors for OEMs, fostering overall market growth.
Regulatory Compliance: Stringent regulations mandating proper carbon emission checks from automobiles are driving the demand for oxygen sensors. With transport being a significant source of global carbon emissions, oxygen sensors play a vital role in enhancing overall sustainability.
Market Challenges: While the automotive oxygen sensor market is poised for significant growth, challenges such as contaminants in the exhaust and damage from excessive unburned fuel systems contribute to sensor deterioration. Addressing replacement concerns remains a major focus within the industry.
Global Oxygen Sensor Market Analysis, by Sales Channel
OEM Dominance: OEMs are set to dominate the global market, accounting for 86% market share in 2018. Oxygen sensors are primarily sold to vehicle manufacturers through a B2B-oriented industry. Long-term contracts between sensor manufacturers and OEMs are commonplace. The aftermarket segment is expected to witness impressive growth due to the wear and tear of sensors exposed to high temperatures near the exhaust system.
Global Automotive Oxygen Sensor Market Value Analysis, by Vehicle Type
Passenger Vehicles at the Forefront: The passenger vehicle segment is anticipated to represent 71% of the total market by 2028. As oxygen sensors are fitted across commercial and passenger vehicles, the dominance of the passenger vehicle segment is attributed to robust car sales, particularly in China and India. Advanced safety checks in passenger vehicles are expected to further drive global O2 sensor sales.
Global Automotive Oxygen Sensor Market Size and Forecast: Regional Analysis
Asia Pacific Leading the Way: Accounting for 43% of global sales in 2018, the Asia Pacific region offers significant market opportunities for revenue generation. Unlike North America and Western Europe, which have matured markets, Asia Pacific boasts a flourishing automotive industry, making it the leading manufacturer of vehicles globally. China and Japan are major markets for O2 sensor manufacturers.
North America and Western Europe: Characterized by mature markets, North America and Western Europe are expected to register sluggish growth throughout the forecast period. The introduction of Euro VI norms is anticipated to stimulate the ecosystem in Europe.
Global Automotive Oxygen Sensor Market Size and Forecast: Competition Landscape
The industry is marked by the presence of numerous midsize players operating on a contract-based business model. High competition levels drive global players to focus on product specifications and direct distribution networks for agility. Key Automotive Oxygen Sensor market players include:
Robert Bosch GmbH
Continental AG
NGK Spark Plugs
Delphi Automotive
Infineon Technologies AG
Analog Devices Inc
Denso Corporation
Industry Segmentation
By Vehicle Type:
Passenger Cars
Compact Car
Midrange
Premium
Luxury
SUV
Commercial Vehicle
Light Weight Vehicle
Heavy Duty Vehicle
By Sales Channel:
Aftermarket
OEM
By Product Type:
Zirconia Sensor
Titania Sensor
Wideband Zirconia Sensor
Top of Form
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cmibloggers · 8 months
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Global Automotive Wiring Harness Market Is Estimated To Witness High Growth Owing To Increasing Vehicle Electrification and Technological Advancements
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The global automotive wiring harness market is estimated to be valued at USD 48,614.7 million in 2022 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.  
Market Overview:
The automotive wiring harness is an essential component in modern vehicles, providing electrical power and effective communication between various electronic components. It is designed to efficiently transmit electric power and signals to deliver high performance and reliability. With the increasing focus on vehicle electrification and technological advancements, the demand for automotive wiring harnesses is expected to grow significantly. This market offers a wide range of products associated with different types of vehicles, including passenger cars, commercial vehicles, and electric vehicles.  
Market Dynamics:
1. Driver: Increasing Vehicle Electrification The growing adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) is one of the major drivers for the automotive wiring harness market. The transition from internal combustion engine (ICE) vehicles to electric vehicles requires a sophisticated wiring system to handle high-voltage electrical components. This has created a significant demand for advanced wiring harnesses capable of transmitting electric power efficiently and safely.   For example, Tesla's Model S electric vehicle utilizes a complex wiring harness system that connects the battery, electric motors, charging system, and various control units. The increasing sales of EVs and HEVs across the globe are expected to drive the demand for automotive wiring harnesses in the coming years.  
2. Trend: Technological Advancements Advancements in technology have led to the development of intelligent wiring harnesses equipped with advanced features and functionalities. These harnesses incorporate sensors, connectors, and integrated circuits to enable real-time data transmission and diagnostics. They enhance the efficiency, safety, and performance of vehicles by providing intelligent connectivity between various electrical components.   For instance, Aptiv PLC, one of the major players in the automotive wiring harness market, offers smart architecture solutions that enable high-speed data transfer and communication within vehicles. These advanced harnesses support features such as advanced driver assistance systems (ADAS), infotainment systems, and vehicle-to-vehicle communication.  
Market Key Trends:
One key trend in the automotive wiring harness market is the increasing adoption of lightweight and eco-friendly materials. Manufacturers are focused on developing wiring harnesses using lightweight materials such as aluminum and high-strength thermoplastics to reduce vehicle weight and improve fuel efficiency. This trend has gained traction due to the growing environmental concerns and stringent emission regulations imposed by various governments around the world.   For example, Yazaki Corporation, a prominent wiring harness manufacturer, offers lightweight aluminum wiring harnesses that provide excellent electrical conductivity while reducing overall vehicle weight.  
SWOT Analysis:
Strength: Technological advancements in automotive wiring harnesses, Robust growth in electric and hybrid vehicles
Weakness: High initial investment for advanced wiring harness systems, Complexity of integrating advanced features
Opportunity: Increasing demand for connected cars and autonomous vehicles, Growing aftermarket sales of automotive wiring harnesses
Threats: Intense market competition, Volatility in raw material prices  
Key Takeaways:
In paragraph 1, the global automotive wiring harness market is expected to witness high growth, exhibiting a CAGR of 3.3% over the forecast period, due to increasing vehicle electrification. The transition towards electric vehicles and hybrid electric vehicles is driving the demand for advanced wiring harnesses capable of handling high-voltage power transmission.  
In paragraph 2, the regional analysis highlights that Asia Pacific is the fastest-growing and dominating region in the automotive wiring harness market. The region is witnessing significant growth in automobile production, particularly in countries like China and India. The presence of major automotive manufacturers, along with favorable government initiatives promoting electric mobility, is boosting the demand for wiring harnesses in the region.  
In paragraph 3, the key players operating in the global automotive wiring harness market include Sumitomo Electric Industries, Ltd, Lear Corporation, Leoni AG, Motherson Group, Yazaki Corporation, Aptiv PLC, Furukawa Electric Co, Delphi Automotive LLP, and Nexans Autoelectric.
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delvenservices · 9 months
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Automatic Tire Inflation Market- Comprehensive Research Report
Automatic Tire Inflation Market By Service (Navigation, Operational Data, Remote Diagnostics, Multimedia Streaming, Social Media, OTA updates, On-road assistance, E-call & Sos Assistance, Cybersecurity, Remote Operation, Collision Warning and Others), Hardware (Head Unit, Central Gateway, Intelligent Antenna, Electronic Control Unit, Telematic Control Unit, Keyless Entry System, Sensors), Transponder (Onboard Unit, Roadside Unit), Network (Operational Data, Dedicated Short Range Communication, Cellular) Form (Embedded, Tethered, Integrated), End-Market (Original Equipment Manufacturer (OEM), Aftermarket) Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview
The global automatic tire inflation market is anticipated to reach USD 1.2 billion by 2020 growing at a CAGR of 8.1% during the forecasting period, 2020-2028.
An automatic tire inflation system is the system that is used for maintaining the proper tire pressure and preventing tire failure. These help in improving the performance and the main aim is for decreasing tire wear and improving the fuel economy.  Factors such as rise in fuel economy and rise in safety concerns over vehicles are some of the major factors for the automatic tire inflation market.
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Key Findings
The global automatic tire inflation system market is segmented into type, component, vehicle, and geography.
The type segment is segmented into Central Tire Inflation System, Continuous Tire Inflation System
 The component segment is segmented into Air Delivery System, Buffer Tank, Compressor, ECU, Housing, Pressure Sensor, and Rotary Union
The vehicles segment is segmented into On-Highway Vehicle, Off-Highway Vehicle, and Electric Vehicle. On-Highway Vehicle is further segmented into Passenger Car, Commercial Vehicle, Off-Highway Vehicle is further segmented into Agricultural Vehicles, Construction Vehicles. Electric Vehicles is further segmented into Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, Battery Electric Vehicle, Fuel Cell Electric Vehicle)
Geographically, the global automatic tire inflation system market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
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Regional Analysis
Europe region is the largest contributor to the augmented intelligence market in the forecast period 2020-2028 and the Asia-Pacific region is expected to grow with the highest CAGR during the forecast period 2020-2028
Competitive Landscape
Key players in the global automatic tire inflation market are Wabco, Enpro Industries, Michelin, Goodyear, Dana Incorporated, SAF-Holland, IDEX Corporation, The Boler Company, Airgo Systems, Aperia Technologies, Haltec Corporation, TI Systems, Pressure Systems International, Opladen LLC, Trans Technologies Company, Servitech Industries, Vigia, VELOCITY, Tibus Offroad, Nexter System, Teleflow, Raytech Group, Bigfoot Equipment, Air CTI among others
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Recent Developments
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
In 2019, WABCO has announced to be acquired by the ZF Friedrichshafen which would help both companies to combine their product portfolios which consist of components for vehicle safety and efficiency and serve the OEMs &fleets in the automotive and commercial vehicle industry.
In 2019, SAF-Holland has acquired a major stake in PressureGuard which is engaged in distributing automatic tire pressure management solutions.
Hence, tremendous progress has been made over the last decade and yet a lot more to come in recent years.
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vynzresearchreport · 10 months
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Global Connected Car Market Size, Share & Trends Analysis Report by Service, Connectivity, Application, Hardware, Network, Technology, End-User, Region, and Forecast 2021-2027
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A connected car is a vehicle that is equipped with an internet connection, allowing it to communicate with other vehicles, infrastructure, and the cloud. This connectivity provides a wide range of benefits, including improved safety, convenience, and efficiency.
The global connected car market is growing rapidly, with a CAGR of 25.6% expected over the forecast period (2021–2027). This growth is being driven by a number of factors, including the increasing demand for safety features, the growing popularity of infotainment systems, and the development of 5G networks.
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Market Segmentation
The global connected car market is segmented by service, connectivity, application, hardware, network, technology, and end-user.
By service: The market is segmented into connected services, autonomous driving, and safety & security.
By connectivity: The market is segmented into tethered, integrated, and embedded.
By application: The market is segmented into navigation, telematics, and infotainment.
By hardware: The market is segmented into displays, sensors, smart antennae, and electronic control units (ECU).
By network: The market is segmented into dedicated short-range communication (DSRC) and cellular.
By technology: The market is segmented into 3G, 4G/LTE, and 5G.
By end-user: The market is segmented into original equipment manufacturer (OEM) and aftermarket.
Regional Analysis
The global connected car market is dominated by Asia Pacific, followed by North America and Europe. Asia Pacific is expected to continue to be the leading region in the coming years, due to the increasing demand for connected cars in China, India, and South Korea.
Market Drivers and Challenges
The growth of the global connected car market is being driven by a number of factors, including:
Increasing demand for safety features
Growing popularity of infotainment systems
Development of 5G networks
Government initiatives to promote connected car technology
However, the market also faces some challenges, such as:
High cost of connected car technology
Privacy concerns
Security risks
Market Trends
Some of the key trends in the global connected car market include:
Increasing adoption of 5G networks
Growth of autonomous driving technology
Development of new connected car applications
Expansion of the aftermarket connected car market
Vendor Analysis
The global connected car market is highly competitive, with a number of major players vying for market share. Some of the leading vendors in the market include:
Delphi Technologies Plc.
DENSO Corporation
ZF Friedrichshafen
Robert Bosch GmbH
Aisin Seiki
Valeo S.A.
Autoliv Inc.
Conclusion
The global connected car market is expected to continue to grow rapidly in the coming years. The increasing demand for safety features, the growing popularity of infotainment systems, and the development of 5G networks are all driving the growth of the market. However, the market also faces some challenges, such as the high cost of connected car technology and privacy concerns.
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VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities.
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efrost · 11 months
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Motor Vehicle Sensor Market Will Hit Big Revenues In Future | Biggest Opportunity Of 2022
Latest Report Available at Advance Market Analytics, “Motor Vehicle Sensor Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.The global Motor Vehicle Sensor market focuses on encompassing major statistical evidence for the Motor Vehicle Sensor industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Motor Vehicle Sensor study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.Some key players in the global Motor Vehicle Sensor market are
Robert Bosch (Germany)
Delphi Automotive (United Kingdom)
Elmos Semiconductor SE (Germany)
Denso Corporation (Japan)
Infineon Technologies (Germany)
Sensata Technologies (United States)
Allegro Microsystems (United States)
Analog Devices (United States)
Elmos Semiconductor (Germany)
CTS Corporation (United States) Sensors are critical components of automobile electronic control systems, and are described as devices that convert physical quantities like pressure or acceleration into output signals that control systems use as inputs. Engine sensors are included into vehicles to ensure that the right quantity of gasoline is delivered at all times. The engine control unit keeps track of a huge number of input sensors. Sensor technology is now widely used in contemporary cars. Sensors improve people's safety on board and on the road, regulate vehicle pollutants, and improve vehicle efficiency. Different types of engine sensors utilised in modern automobiles will be discussed in this article.What's Trending in Market: Emergence of Advance Sensor Technologies with Improved Precision
Challenges: Market Penetration Across New Regions
Technological Limitations
Market Growth Drivers: Increasing Implementation of Alternative Fuel Vehicles
Growing Electric Vehicle Sales
Stringent Safety Regulations
The Global Motor Vehicle Sensor Market segments and Market Data Break Downby Type (Temperature Sensors, Image Sensors, Position Sensors, Pressure Sensors, Others), Application (Powertrain, Chassis, Exhaust, Safety & Control, Body Electronics, Telematics, Others), Vehicle (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)), Distribution (Original Equipment Manufacturers (OEMs), Aftermarket)Presented By
AMA Research & Media LLP
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Automotive Optoelectronics Market Type, Share, Size, Analysis, Trends, Demand and Outlook 2030
The Global Automotive Optoelectronics Market is expected to grow at a considerable rate by 2030, with a growing CAGR of 14% over 2022-2030.
Automotive optoelectronics, which is typically regarded as a sub-field of photonics on automobiles, is the study and use of electronic devices and systems that originate, detect, and regulate light. In this context, pght frequently includes invisible radiation in addition to visible pght, such as gamma rays, X-rays, ultraviolet, and infrared. Optoelectronic devices are instruments that utilise electrical-to-optical or optical-to-electrical transducers in their operation.
In order to draw in more customers, vehicle manufacturers all over the world are continually increasing their attention on the integration of various electronics and technology. The market for automotive optoelectronics is significantly impacted by the rise in the number of luxury and ultra-luxury automobiles. This is because manufacturers of luxury and ultra-luxury passenger cars equip their automobiles with the most cutting-edge technologies, enhancing safety features and other characteristics. The current situation’s investments by mid-range passenger vehicle and commercial vehicle manufacturers to acquire these cutting-edge technologies is another element supporting the automotive optoelectronics industry.
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Global Automotive Optoelectronics Market- Segmental assessment
By vehicle type
Passenger vehicle
Light commercial vehicle
Heavy commercial vehicle
Others
By product
LED’s
Infrared component
Laser diodes
Optocouplers
Others
By sales channel
OEM
Aftermarket
Others
By application
Position sensors
Convenience and safety
Backlight control
Others
Top players profiled:-
Avago Technologies, FOSP Optoelectronics Co Ltd, Foryard Instrument Inc, Autoliv Inc, OSI Optolectronics AS, Vishay Intertechnology, Foryard Optolectronics Co., Hella, Broadcom, Grupo Antolin, Koito Manufacturing, Stanley Electric, Magneti Marelli, Renesas, Excellence Optoelectronics, San’an Optoelectronics, Sony Corporation, Selectronic, Zizala Lichtsysteme, Isocom Components, Merc, Jenoptik, Varroc Lighting, Endicott Research, and Proton-Orel.
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Occupant Classification System Market - Forecast(2022 - 2027)
Occupant Classification System Market Overview
The global Occupant Classification System Market size is estimated to surpass $1.1 billion mark by 2026 growing at a projected CAGR of more than 6.2% during the forecast period 2021 to 2026. The surging demand for road safety in automobiles pertaining to driver safety and stringent government regulations related to occupant safety will boost the Occupant Classification Systems market. The market is driven by declining prices of the safety systems in passenger vehicles. The market is also driven by increasing number of accidents and stringent government regulations & policies. The automotive sector has seen a growing inclination towards the safety and comfort of the passenger over the years. This focus on safety of the passengers/driver is illustrated by the steps taken by automotive manufacturers, such as introduction of seat belt tensioners, air-bags and ABS (anti-lock braking) in the vehicles, also by government legislation making such devices compulsory. But with the advent of electronics and the internet connectivity especially in battery electric vehicles, there has been a quantum leap in the services now, available to make the vehicle safe as well as comfortable for the driver.
Occupant Classification System Market Report Coverage
The report: “Occupant Classification System Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Occupant Classification System Market.
By Vehicle Type: Passenger Cars, Heavy Commercial Vehicles and Light Commercial Vehicles By Fuel Type: Electric Vehicle, Hybrid Vehicle, Petrol Vehicle, Diesel Vehicle and Others By Channel: OEM, Aftermarket By Sensor Type: Airbag Sensor, Seat Belt Tensioner, Seat Weight Sensor and Others By Mounting Location: Driver Side, Passenger Side By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, SK, Aus and Others), South America(Brazil, Argentina and others), and RoW (Middle east and Africa).
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Key Takeaways
Many luxury automotive companies are working on sensors which could detect the position of the occupant by using brain waves. These sensors could also give information when the driver is about to make any sudden driving action like braking and turning. By using brain waves, the comfort of the occupant is enhanced by adjusting the seat according to the requirements of the occupant. The integration of health monitoring system in cars by developing seat sensor technology is improving its applications for diagnosing the health of the occupant. If the occupant has any sudden health issues like heart attack, panic attack, the sensors detects the occupants condition which are connected to cloud based internet services that will automatically send the information to any doctor nearby using diagnostic trouble code. To improve the safety of the backseat passenger, the introduction of belt bag, airbag, seat belt tensioners and inflatable seat belt system has captured the market. This model is used to reduce the strain that is normally placed on the ribcage during collision.
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Occupant Classification System Market Segment Analysis - By Channel
OEMs are showing interest in offering holistic Occupant Classification System by providing vehicles with higher order intelligence about the state of the driver particularly for safety related applications. OEMs are expected to enter into more partnerships with medical companies, universities and technology firms to identify new opportunities and technologies in the Occupant Classification System space. Increasing sales of premium vehicles particularly plug in and battery electric vehicles has augmented an influx of investment in R&D. Automotive manufacturers are working towards the amalgamation of seat belt tension sensors with occupant’s brain waves. These sensors could also give instant information to the sensors when the driver is about to make any sudden driving action like braking and turning, hence making the process more efficient, precise and safe.
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Occupant Classification System Market Segment Analysis - By Vehicle Type
Passenger vehicles are the type of vehicles which are used by people for self-transportation. However, these vehicles are not used for commercial applications. The sale of these vehicles have been increasing in the recent times. The government regulations from different regions have increased the integration of the occupancy detection sensor in the passenger vehicles. In China, automotive vehicles need to have CCC certification (China Certification Corporation) for the safety of the passenger vehicles. The Occupant Classification System consists of airbag activator control to enable, disable or control the amount of inflation of airbag, incase of any mishap.
Occupant Classification System Market Segment Analysis - By Geography
Automotive related fatalities are worldwide occurrences projecting occupant sensing market a sector with ample opportunities and demand. But, an analysis of the regional market business insights states APAC as the most lucrative marketplace in terms of global demand. Configured with economies such as Japan, India and China with their flourishing automotive manufacturing nucleus, APAC in 2020 occupied 33.5% share in global Occupant Classification System market demand. Increasing disposable income amalgamated with purchasing power of consumers have encouraged consumers to invest in their safety and security during transit. In the US, government terms and policies will drive the demand for Occupant Classification Systems in the region. The motorization rate in US has grown higher than the rest of North America due to low availability of transportation services. In Canada, the latest advancements in sensors and wireless technologies spurs the demand for smart system adoption in vehicles. This factor also drives the growth of occupancy detection in Americas.
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Occupant Classification System Market Drivers
Integration of Health Monitoring in Vehicles
The assimilation of health monitoring system in cars by evolving seat belt tension sensor technology is improving its applications for analyzing the health of the occupant. If the occupant has any sudden health issues like heart attack, panic attack, the sensors detects the occupants ailment which are linked to cloud based internet services that will spontaneously redirect the information to any healthcare or emergency facilities nearby. Collision detection and avoidance systems are on the radar of innovation for automotive manufacturers with Occupant Classification Systems being a vital element of such mechanisms.
Shift to a B2C Based approach
There are two ways the business is performed. In the B2B model, the system is sold to the Big market players in the motor vehicles segment for integration of the system with their vehicle from where the product reaches to the end user who are not the consumers in this model of business. This is the primary model currently used. However B2C or business to customer model, wherein the end user forms the consumer base as well, is witnessing significant adoption growth especially in plug in and battery electric vehicles. The supply chain is slightly different in the sense that the end product now, rather than going to a vehicle manufacturing for integration with their vehicle, the product is supplied to a retailer to sell it to the end user directly. This system has an added advantage that the latest technology can be accommodated to keep up the modified norms for driver safety system, thus driving aftermarket demand.
Occupant Classification System Market Challenges
High Cost of Comprehensive Occupant Classification Systems
The main challenge faced by key market players is the exorbitant retail price of comprehensive Occupant Classification Systems. One of the major challenges hindering the market growth is the exuberant pricing of vehicles loaded with cutting-edge technology such as Occupant Classification System. However, consistent enforcement by federal authorities regarding vehicle occupant safety is forcing the automotive manufacturers to employ Occupant Classification System is premium as well as budget segment, thus establishing the occupant sensing market as an imperative association.
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Occupant Classification System Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Occupant Classification System Market. Takata Corporation, Autoliv Inc, Robert Bosch GMBH, Continental AG, Delphi Automotive Plc., Hyundai Mobis Co., Lear Corporation, ZF Friedrichshafen AG, Key Safety Systems Inc., and Volvo AB are considered to be the key players of the Occupant Classification System Market.
Acquisitions/Technology Launches/Partnerships
In January 2021, Jeep India will officially release the prices of the much-awaited 2021 Jeep Compass facelift which includes an Occupant Classification System.
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Electric Vehicle Sensor Market to Garner Brimming Revenues by 2032
Electric Vehicle Sensors Market to Surpass US$ 37.1 Bn by 2032 Amid High Adoption of ADAS in Passenger Vehicles
The global electric vehicle sensor market is anticipated to expand at a CAGR of 16.6%, reaching a valuation of more than US$ 37.1 Bn by 2032.
Key factors driving demand for EV sensors include rising global electric vehicle production, the establishment of stringent regulatory rules, growing demand for vehicle electrification, and increasing preference for comfort and safety in vehicles.
Electric vehicles have developed throughout time as a result of technological advancements. These vehicles now include upgraded electronics that are powered by the vehicle's battery pack for a variety of purposes. Technical advancements include changes in temperature, current, and pressure. Changes in temperature and load have been proved to be a concern for electric vehicles.
As a result, they are constantly examined to guarantee that any change outside of their usual operating range is noticed and modified while the vehicle is being driven. The need for EV sensors is expected to increase over the forecast period, driven by the aforementioned factors.  
Rising demand for luxury automobiles has increased the use of sensors in EVs. Besides this, as growing preference for improved vehicle safety features in passenger as well as light commercial vehicles will augment the growth in the market.
“Increased electric vehicle production, technological improvements, and growing popularity of ADAS in passenger vehicles will continue pushing sales of electric vehicle sensors over the forecast period,” says an FMI analyst.
Key Takeaways:
Based on product type, sales of positions sensors are estimated to increase at a 17.5% CAGR through 2032.
In terms of sales channel, the OEM segment will hold 93% of the total market share in 2022.
By propulsion, BEVs are projected to account for more than 70% of the total market share in 2022.
By 2032, East Asia is anticipated to dominate the market, holding a share of 43%.
China is estimated to create an absolute dollar opportunity of more than US$ 11.4 Bn.
Competition Landscape
Key electric vehicle sensor manufacturers are introducing the most cutting-edge technologies. In addition to this, collaborations, acquisitions, and mergers are expected to remain prominent growth strategies adopted by leading players.
Some of the key electric vehicle sensor manufacturers are Analog Devices Inc., Denso Corporation, Amphenol Advanced Sensors, Infineon Technologies AG, Allegro MicroSystems, LLC, ams AG, Kohshin Electric Corporation LEM, Renesas Electronics Corporation, Sensata Technologies, STMicroelectronics, Melexis, Texas Instruments Incorporated, Vishay Intertechnology Inc, NXP Semiconductors and others.
Key Segments Covered in Electric Vehicle Sensor Industry Analysis
Product Type:
Temperature Sensors
Current Sensors
Position Sensors
Pressure Sensors
Speed Sensors
Sales Channel:
OEM
Aftermarket
Propulsion:
Battery Electric Vehicles (BEVs)
Hybrid Electric Vehicles (HEVs)
Plug-In Hybrid Electric Vehicles (PHEVs)
Region:
North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa
Electric Vehicle Sensor Market Projection
Increased use of position sensors in the electric vehicle industry, increase in demand for automotive sensors in hybrid and electric cars and rise in use of custom made electronic devices are the most notable factors driving the electric vehicle sensor market growth. Technological advances and expansion in the automotive industry are projected to provide profitable prospects for the market internationally. During the forecast period, each of these factors is expected to have a significant impact on the automotive sensor market.
About FMI – Automotive and Transportation
The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sector. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behavior.
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Global Automotive Sensor Market Size, Share, Demand and Growth Forecast to 2027 | VynZ Research
The Global Automotive Sensor Market will grow to USD 44.0 billion by 2027. It will witness a CAGR of 8.0% during the forecast period, According the VynZ Research.
This report provides corporate intelligence to major industry stakeholders and assists them in understanding the future of the Market. The assessment of the Global Automotive Sensor Market contains a forecast, a summary of the competitive structure, competitor market shares, market trends, market demands, market drivers, market challenges, and product analysis. The influence of market drivers and restraints has been calculated throughout the projection period. This research report goes on to outline the key development prospects as well as the key obstacles and potential threats.
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Segment Review:
The research includes a complete analysis of the market's major segments as well as the most recent trends. The market analysis is classified on the basis of:
By Sales Channel
Original Equipment Manufacturer (OEM)
Aftermarket
By Sensor Type
LED
Image Sensor
Position Sensor
Temperature Sensor
Pressure Sensor
MEMs
Gas Sensor
Others
By Application
ADAS
Powertrain
Chassis
Safety & Control
Telematics
Others
By Vehicle Type
Fuel Based Vehicle
Passenger Car
LCV
MHCV
Impact of COVID-19 Scenario
It covers and discusses the market's driving and restraining variables, as well as COVID-19's impact. Furthermore, the Global Automotive Sensor Market forecast has been substantially affected by the COVID-19 outbreak. The global factories have struggled owing to the shutdown of manufacturing units, temporary lockdowns, and unavailability of the workforce, thus disrupting the global supply chain. However, the COVID-19 impact is temporary and the market will recover from the crisis.
The Global Automotive Sensor Market examines the competitive environment in-depth by taking into account the market share of the key industry players which includes:
Analog Devices Inc.
Continental AG
Delphi Technologies
Denso Corporation
Robert Bosch GmbH
Infineon Technologies AG
APTIV
Melexis
Sensata PLC
CTS Corporation
Key aspects Covered in the Report:
To research and explore the Global Automotive Sensor Market (value and volume) by key regions/countries, segments, with forecast period.
Investigate the various sub segments of the report to have a better understanding of its structure.
The report includes the names of leading manufacturers, defining, describing, and analysing sales volume, value, market share, market competitive landscape, SWOT analysis, and future development plans.
To examine competitive developments in the market, such as market expansions, agreements, new product launches, and acquisitions.
To summarise the information about the key players and thoroughly study their growth strategies.
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About VynZ Research:
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ Research has a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.
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chaitalimah · 3 years
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Automotive Electronics Sensor Aftermarket Market Size 2020, Share, Growth Factors, Segmentation (Type, Vehicle Type, Application), Future Scope and Demand by Top Vendors- BorgWarner Inc., NGK Spark Plug CO., LTD.
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credibleauomotive · 2 years
Text
Automotive Brake Wear Sensors Market Size 2022-2030, By Top Industry Key Players - Standard Motor Products, Centric, Delphi, Akebono, Bosch, Zimmermann
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The recent report on “Automotive Brake Wear Sensors Market Report 2022 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2030” offered by Credible Markets, comprises of a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Automotive Brake Wear Sensors Market”.
Global Automotive Brake Wear Sensors Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries covers and analyzes the potential of the global Automotive Brake Wear Sensors industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19. At the same time, this report analyzed the market of leading 20 countries and introduce the market potential of these countries.
Automotive Brake Wear Sensors Market: Competition Landscape
The Automotive Brake Wear Sensors market report includes information on the product launches, sustainability, and prospects of leading vendors including: (Standard Motor Products, Centric, Delphi, Akebono, Bosch, Zimmermann, Denso Corporation, Herth+Buss Fahrzeugteile, Brembo, Hawk Performance, Bosch, Sadeca, Continental, Beck/Arnley)
Click the link to get a free Sample Copy of the Report @ https://crediblemarkets.com/sample-request/automotive-brake-wear-sensors-market-526895?utm_source=Kaustubh&utm_medium=SatPR
Automotive Brake Wear Sensors Market: Segmentation
By Top Key Players Standard Motor Products Centric Delphi Akebono Bosch Zimmermann Denso Corporation Herth+Buss Fahrzeugteile Brembo Hawk Performance Bosch Sadeca Continental Beck/Arnley By Types Electronic Brake Wear Sensors Disc Brake Wear Sensors By Applications Original equipment manufacturers (OEMs) Aftermarket
Automotive Brake Wear Sensors Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Brake Wear Sensors market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits of the report:
This study presents the analytical depiction of the global Automotive Brake Wear Sensors industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Automotive Brake Wear Sensors market share.
The current market is quantitatively analyzed from 2018 to 2030 to highlight the global Automotive Brake Wear Sensors market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global Automotive Brake Wear Sensors market analysis based on competitive intensity and how the competition will take shape in the coming years.
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Major Points Covered in TOC:
Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, Automotive Brake Wear Sensors market portions by application, study goals, and years considered.
Market Landscape: Here, the opposition in the Worldwide Automotive Brake Wear Sensors Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.
Profiles of Manufacturers: Here, driving players of the worldwide Automotive Brake Wear Sensors market are considered dependent on deals region, key items, net edge, income, cost, and creation.
Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, CAGR, and market size by locale. Here, the worldwide Automotive Brake Wear Sensors Market is profoundly examined based on areas and nations like North America, Europe, China, India, Japan, and the MEA.
Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide Automotive Brake Wear Sensors Market.
Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.
Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.
Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert @ https://crediblemarkets.com/enquire-request/automotive-brake-wear-sensors-market-526895?utm_source=Kaustubh&utm_medium=SatPR
Key questions answered in the report:
What will the market development pace of Automotive Brake Wear Sensors market?
What are the key factors driving the Global Automotive Brake Wear Sensors market?
Who are the key manufacturers in market space?
What are the market openings, market hazard and market outline of the market?
What are sales, revenue, and price analysis of top manufacturers of Automotive Brake Wear Sensors market?
Who are the distributors, traders, and dealers of Automotive Brake Wear Sensors market?
What are the Automotive Brake Wear Sensors market opportunities and threats faced by the vendors in the Global Automotive Brake Wear Sensors industries?
What are deals, income, and value examination by types and utilizations of the market?
What are deals, income, and value examination by areas of enterprises?
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avini24513 · 2 years
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Automotive Infotainment Market 2022 Size, Industry Growth, Share, Size, Regional Industry Overview and Forecast Report 2027
The automotive infotainment market size is predicted to reach USD 20.05 billion by 2026, exhibiting a CAGR of 6.8% during the forecast period. The rising shift towards enhanced in-vehicle experience will augment the healthy growth of the automotive infotainment market revenue during the forecast period. The efforts of automotive manufacturers for adding new features and infotainment solutions to provide ease and comfort in driving will boost the automotive infotainment market growth in the forthcoming years. In addition, the rising integration of V2X connectivity solutions, ADAS systems, telematics devices, sensors, and others in automotive will have a positive impact on the automotive infotainment market share in the foreseeable future.
For More Information in the Analysis of Report: https://www.fortunebusinessinsights.com/automotive-infotainment-market-102676
According to the report, published by Fortune Business Insights, titled “Automotive Infotainment Market Size, Share & Industry Analysis, By System Type (Dashboard, Rear Seat), By Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle, Electric Vehicle), By Market Type (OEMs, aftermarket), and Regional Forecasts, 2019-2026” the market size stood at USD 11.94 billion in 2018. The report is fixed at delivering a comprehensive description of the automotive infotainment market dynamics and structure by identifying and providing information regarding the key market segments. It also focuses on an all-encompassing analysis of leading market players by financial position, product, product portfolio, price, growth strategies, and regional presence. It offers PORTER’s analysis and SWOT analysis to record the question of shareholders and highlights the investment potential in the upcoming future. It also showcases what procedures and strategies; companies are currently implementing in the automotive infotainment market. It further examines the ways and components convincing expansion, growth patterns, restricting factors, and market strategies.
The Report Lists the Key Companies in the Automotive Infotainment Market
MMI navigation
Harman International Industries Inc.
Visteon Corporation
Denso Corporation
Robert Bosch
Aptiv PLC
Alpine Electronics
Market Driver:
Innovation in Navigation Systems to Promote Market Growth
The increasing production of technologically advanced infotainment systems in automobiles owing to the necessity for safe and smart vehicles will enable speedy growth of the market in the forthcoming years. The rising emphasis on improved in-vehicle experience will spur opportunities for the market. For instance, the innovative and advanced infotainment systems are equipped with pre-trip planning, parking recommendations, predictive navigations,cloud-enabling syncing, and other important features. The rising popularity of smartphone connectivity in cars will fuel demand for advanced infotainment systems. For instance, smartphones can be paired with the infotainment system using WiFi hotspot or Bluetooth connectivity, allowing the user to access features such as outgoing, incoming, and conference calls on the system. Moreover, the growing improvement and advancement in navigation systems such as voice command, touch screen GPS navigator, maps and directions clarity, driver alert, and user-friendly features will contribute positively to the automotive infotainment market trends.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/automotive-infotainment-market-102676
Regional Analysis:
High Adoption of Electric Vehicles to Stimulate Growth in Asia Pacific
The market in Asia Pacific stood at USD 6.36 billion and is expected to witness high growth rate during the forecast period owing to the high automotive sales in the region. The growth in region is also attributed to the rising adoption of electric vehicles in China and Japan. The growing government implications and initiatives for electric vehicles will aid the market in the region. The rapid technological advancements in manufacturing facilities in emerging regions such as China, India will have a positive influence on the market. Europe is predicted to hold the second-largest share in the market owing to the presence of major car brands. The rising shift from conventional cars to hybrid cars will bolster the healthy growth of the market during the forecast period. The market in North America is predicted to observe healthy growth during the forecast period owing to the presence of major automotive manufacturers in the region.
Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/automotive-infotainment-market-102676
Key Development:
2019: Acura, unveiled new infotainment with a 10.2-inch screen and a "True Touchpad Interface," in its newest RDX crossover, which uses a touch-sensitive pad on the center console. Currently, it only offers Apple CarPlay, but Android Auto support will be soon integrated.
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industryarcmarket · 2 years
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Driver Monitoring System Market Estimated to Surpass $2.1 Billion by 2026
The global Driver Monitoring System Market is estimated to surpass $2.1 billion marks by 2026 growing at an estimated CAGR of more than 9.8% during the forecast period 2021 to 2026. The surging demand for road safety in automobiles pertaining to driver activeness and stringent government regulations related to driver monitoring will boost the Driver Monitoring Systems market. The market is also driven by an increasing number of accidents and stringent government regulations. The automotive sector has seen a growing inclination towards the safety and comfort of the passenger over the years. This focus on safety of the passengers/driver is illustrated by the steps taken by automotive manufacturers, such as the introduction of seat belts, air-bags and ABS (anti-lock braking) in the vehicles, also by government legislation making such devices compulsory. But with the advent of electronics and the internet connectivity, we have seen a quantum leap in the services now, available to make the vehicle safe as well as comfortable for the driver.
Driver Monitoring System Market Segment Analysis - By Channel
OEMs are showing interest in offering holistic Driver Monitoring System by providing vehicles with higher-order intelligence about the state of the driver, including fatigue, cognitive load, personalisation, and health monitoring. Stereo cameras have the ability to offer more data points and improved functionalities, making them the perfect choice for OEMs looking to incorporate more than five Driver Monitoring System functions. OEMs are expected to enter into more partnerships with medical companies, universities, and technology firms to identify new opportunities and technologies in the Driver Monitoring System space.
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Driver Monitoring System Market Segment Analysis - By Application
Driver Monitoring System combines the use of sensors and cameras and other “intelligent” devices to provide the driver with assistance, guidance and warning regarding various critical situations and in the time of emergencies. The ever-increasing number of traffic accidents in the developed world due to a diminished driver’s vigilance level has become a problem of grave business for the countries. Drivers with a decreased vigilance level suffer from a pronounced diminution in their abilities of perception, realization, and vehicle control, and therefore pose serious risk to their own lives as well the lives of others. The rising demand for driver distraction monitoring as well as drunk driver monitoring in developing countries will propel market growth.
Driver Monitoring System Market Segment Analysis - By Geography
Europe region holds the largest market share in the Driver Monitoring System Market, however, APAC will witness highest growth during the forecast period. The economic conditions in entire Europe are good and people have the purchasing power to buy more sophisticated products. The key technologies in the region are Image Sensing/Cameras, Pressure Mats, Infrared Sensing, Strain Gauges among others. The technological advancement and focus on governmental regulations has led the market in the coming years. Asia-Pacific holds a maximum share in adoption due to its strong foothold in vehicle productions. The other major factors expected to drive the market for Driver Monitoring System in Asia-Pacific are increasing sales of new automobiles, concentrating on research and development into Driver Monitoring System. Economic growth in the area directly influences the selling of passenger cars and commercial vehicles. Manufacturers are looking to improve their flexibility across the value chain thus shifting the market to a more aftermarket based model.
Driver Monitoring System Market Drivers
Surge in Monitoring in Transportation and Logistics sectors
Growth of industrial sectors, logistics and transportation sectors have driven the growth of driver monitoring systems owing to its increasing applications. Through the use of driver monitoring systems included in fleet management solutions, information can be accumulated, stored, processed, monitored, reported and exported. Every aspect of the driver can be tracked focused on driver distraction, health as well as legal culpabilities due to drunk driving. The fleet management software uses a basic combination of big data analytics and GPS to track, analyze and store information and make predictions regarding driver behaviour owing to which it is adopted in the food delivery services. The driver monitoring solution enables live tracking that cuts down the number of steps required to communicate driver status and algorithm-based predictions, which are generally used in food delivery services, transportation and others. These advantages of driver monitoring solutions that enable transition to automated systems and others have fueled the growth of the market.
Shift to a B2C Based approach
There are two ways the business is performed. In the B2B model, the system is sold to the Big market players in the motor vehicles segment for integration of the system with their vehicle from where the product reaches to the end-user who are not the consumers in this model of business. This is the primary model currently used. However B2C or business to customer model, wherein the end-user forms the consumer base as well, is witnessing significant adoption growth. The supply chain is slightly different in the sense that the end product now, rather than going to a vehicle manufacturing for integration with their vehicle, the product is supplied to a retailer to sell it to the end-user directly. This system has an added advantage that the latest technology can be accommodated to keep up the modified norms for driver safety measurement system and monitoring systems, thus driving aftermarket demand.
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Driver Monitoring System Market Challenges
High Cost of Comprehensive Driver Monitoring Systems
The main challenge faced by key market players is the exorbitant retail price of comprehensive Driver Monitoring systems. This hinders the supply-demand chain as most people prefer low-cost sensors or systems that provide limited monitoring. Despite the extensive capabilities of comprehensive driver monitoring systems, the high price acts as an adoption inhibitor for the technology, especially in the aftermarket. Despite the drawbacks of Driver Monitoring System, it saves long-term expenses with one-time installation due to the safety and security offered.
Driver Monitoring System Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Driver Monitoring System Market. Aisin Seiki Co Ltd., Autoliv Inc., Continental Automotive Systems, Delphi, Denso, Johnson Controls, Valeo, Visteon, Magneti Marelli and Robert Bosch GmbH are considered to be the key players of the Driver Monitoring System Market.
Acquisitions/Technology Launches/Partnerships
Magna International Inc., an automotive supplier is in plans of partnering with Bosch and Delphi. Major focus of this partnership is to develop real-world self-driving vehicles with ADAS systems including driver monitoring systems.
July 13, 2020- Tata Motors launched “Fleet Edge” which is a next-generation connected vehicle fleet management solution. The Fleet Edge provides real-time tracking and tracing of its commercial vehicles, fuel efficiency, fuel-loss alerts and others including focus on driver distraction detection.
Key Takeaways
Limited patent validity necessitates companies to come up with newer technologies and innovative products to cater to the growing demand of automotive technology.
The current global driver monitoring systems market is estimated to propel with the growing number of vehicles on the road and the demand for safety from consumers coupled with government legislation (Europe) and other regulatory body requirements.
Safety norms are not the only reason for their high growth; growing personal safety concerns are also playing an imperative role in the rising demand for driver management software in passenger cars.
Related Reports :
A. Consumer Telematics Systems Market
https://www.industryarc.com/Report/104/consumer-telematics-devices-systems-market.html
B. Advanced Driver Assistance Systems (ADAS) Market
https://www.industryarc.com/Report/20/advanced-driver-assistance-systems-market.html
For more Automotive related reports, please click here
About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services
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marketwire · 2 years
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Bluetooth Low Energy Market Estimated to Reach $16.7 Billion Mark by 2026
The global Bluetooth Low Energy Market is estimated to surpass $16.7 billion mark by 2026 growing at an estimated CAGR of more than 19.68% during the forecast period 2021 to 2026. Bluetooth Low Energy Market (BLE) has been lately introduced as an integral part of Bluetooth V4.0. The speciality of BLE protocol lies in its consumption of minimal amount of power from the device in which it is integrated. Asset tracking and Proximity Marketing are exclusive applications of BLE that were made feasible by the low energy consumption of BLE modules and chipsets. Asset Tracking refers to the location-based tracking of personal equipment by attaching smart tags to them. The smart tags in the current asset tracking market are based on BLE protocol that has the ability to locate the misplaced personal equipment and its utilization.
Bluetooth Low Energy Market Segment Analysis - By Product Type
Bluetooth Low Energy hardware is offered via two solutions: chipsets or modules. Bluetooth Low Energy chipsets are integrated circuits that incorporate a microprocessor along with protocol stacks while Bluetooth Low Energy module is an assembled circuit consisting of Bluetooth Low Energy chipset and radio module along with other electronic components. The manufacturer can offer both the hardware solutions depending upon the production volume. Generally, if the production volume ranges less than 100,000 units; modules are preferred while for production volumes above 100,000 units; Bluetooth Low Energy chipsets are manufactured. The module integrates RF, a baseband controller, and a command API processor, making it as a complete Bluetooth Low Energy solution which suitable for various applications. But with every emerging solution using Bluetooth Low Energy technology, there is also a necessity for installing applications (apps) pertaining to each solution, thus creating a huge scope for the growth of market.
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Bluetooth Low Energy Market Segment Analysis - By Application
The automotive industry is an eminent end-user for Bluetooth Low Energy market deploying the technology predominantly in its wireless multimedia receivers and audio systems. A significant share of the market currently lies in the automotive aftermarket but with Bluetooth Low Energy receiving a wide support facilitated by its features, the original equipment manufacturers (OEM’s) in the automotive industry are integrating the audio and multimedia systems in the automobiles, expected to surge Bluetooth Low Energy market in the OEM automobile domain. The Industrial Automation is also a notable sector for wireless connectivity market. In the current scenario ZigBee and Wi-Fi are the most dominant wireless protocols embedded inside industrial automation devices followed by Bluetooth. The sensors and industrial hubs are common devices that are being integrated with wireless radio modules in the industrial automation.
Bluetooth Low Energy Market Segment Analysis - By Geography
The APAC region dominated the BLE market in terms of regional presence. As the APAC region economy is rapidly inclining towards an interconnected world, wireless technology will play a prominent role in the future to enhance the connectivity between any desirable equipment. All this equipment will be embedded with wireless modules based on ultra-low power concept to sustain their operations for a longer period of time, thereby creating robust opportunities for BLE, an ultra-low power technology to boom across several end-user industries such as automotive, wireless audio and infotainment devices, wearable electronics, industrial and home automation and many others. China is the world’s second largest economy and Asia’s biggest market for BLE technology. It has made fast advances in areas such as education, infrastructure, high-tech manufacturing, academic publishing, patents and commercial applications and is now in some areas and by some measures a world leader.
Bluetooth Low Energy Market Drivers
Burgeoning Bluetooth Low Energy Maker Movement
The ratification of Bluetooth v4.0 specification followed by native support for technology by eminent mobile operating system vendors such as Android, iOS and Windows, has led a disruptive change in the Bluetooth Low Energy market. The ability of Bluetooth Low Energy protocol to establish a simple wireless connectivity to master devices such as tablets, smartphones and many other hub devices has enabled new innovations in several markets including smartphones appcessory, automotive, computer peripherals, wearable electronic gadgets and many others. The remarkable factor advancing Bluetooth Low Energy into the mainstream is the surge in ‘crowd funding’ for companies with valuable ideas on how wireless connectivity can enhance the product. This has facilitated the ‘maker’ movement consisting of amateur engineers and keen hobbyists who are excited about evolving unique Bluetooth Low Energy applications, thereby accelerating the overall market.
Adoption of IoT Solutions
Presently, growing demand for low maintenance, powered wireless sensing equipment coupled with the developments in Internet of Things are accounting for significant growth in the market. IoT defines a system in the physical world with the aid of embedded wireless sensors that can be connected to Internet via wired or wireless connection. These sensors have the ability to form wireless connections through several options such as RFID, NFC, Bluetooth, Bluetooth Low Energy (BLE) or Zigbee. According to EnOcean GmbH, currently 14 billion wireless sensor networks (WSN’s) devices in low power mode across the globe has trashed about 400 TWh (terawatt-hour) of electricity. However, by 2020 with 50 million devices, the consumption will increase by factor 3.5 to over 1,400 TWh. Thus, Bluetooth Low Energy (BLE) assisted by its low power consumption attribute has the highest probability for penetrating the market deep, thereby creating a strong growth prospects for it in the near future particularly in remote healthcare and automotive markets.
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Bluetooth Low Energy Market Challenges
One to One Device Pairing
Unlike its predecessor Bluetooth Classic that has the ability to support multiple device connections, the Bluetooth Low Energy enhanced by its low power consumption feature has been optimized for one-to-one connections. The Bluetooth Classic is based on mesh network while Bluetooth Low Energy has been designed to be mobile in mesh topology using quick connection and disconnection ability. Although a Bluetooth Low Energy enabled hub/master device can remain connected to multiple Bluetooth Smart devices but vice-versa is not possible. Hence, this creates a limitation for user to transfer data form a single Bluetooth Smart enabled sensing device to multiple hub devices. This is a point of concern for professional sport persons who consistently need to scan several performance parameters on multiple monitoring devices.
Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the BLE Market. Panasonic Corporation, MediaTek Inc., Nordic Semiconductors, Murata Manufacturing Co Ltd, Cypress Semiconductor, and others are considered to be the key players of the BLE Market.
Acquisitions/Technology Launches/Partnerships
Murata launched Nordic-based BLE module, MBN52832. The BLE module equipped with Nordic Semiconductor’s nRF52832 IC, a 32 MHz crystal for timing, and an on-board antenna.
Panasonic launched new PAN 1760 series RF module for the advanced wireless connectivity in IoT, medical and industrial applications.
Key Takeaways
A significant share of the market currently lies in the automotive aftermarket but with Bluetooth Low Energy receiving a wide support facilitated by its features, the original equipment manufacturers (OEM’s) in the automotive industry are integrating the audio and multimedia systems in the automobiles, expected to surge Bluetooth Low Energy market in the OEM automobile domain.
The dual mode shares the protocol stacks of both Bluetooth Classic and Bluetooth Low Energy, thus making it the most sought out option for replacing the conventional Bluetooth Classic chips or modules.
Low energy consumption, low latency, quick connection set-up speed and robust network connection has made Bluetooth Low Energy the obvious choice for supporting the wearable electronic devices wireless connectivity infrastructure.
Once the Bluetooth Low Energy-based product or module is fabricated, they are sent further for certification process followed by distribution across the regional or global customer base.
Related Reports :
A. APAC Bluetooth Low Energy Market
https://www.industryarc.com/Report/18395/apac-bluetooth-low-energy-market-research-report-analysis.html
B. Energy Harvesting Market
https://www.industryarc.com/Report/15691/energy-harvesting-market.html
For more Electronics Market reports, Please click here
About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.
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Automotive Electronics Sensors Market 2027 Trends, Segmentation, Regional Outlook, Future Plans and Forecast
Automotive Electronics Sensors Market size was valued US$ 35.92 Bn. in 2019 and the total revenue is expected to grow about 7.14% from 2020 to 2027, reaching nearly US$ 62.37 Bn.
Automotive Electronics Sensors Market Overview:
Image sensors, control circuits, and interfaces such as Ethernet are all integrated into a Automotive Electronics Sensors. It is used to monitor traffic and applications that require digital signal processing. Automotive Electronics Sensorss allow high-resolution films and photos to be taken. Smartphone manufacturers have begun to place a larger emphasis on the quality of their cameras in order to differentiate their products. At the Qualcomm Tech Summit in Hawaii, Motorola said that its flagship 5G smartphones with enhanced photography capabilities would be available by 2020. (held recently in December 2019).
In September 2019, One Plus announced the One Plus 7T, which features a spherical Automotive Electronics Sensors on the back with three horizontally aligned cameras. On the rear, a 48-megapixel primary sensor is joined by 16-megapixel and 12-megapixel cameras that can all shoot wide-angle and 960 frames-per-second slow-motion videos.
The MMR report on the Automotive Electronics Sensors Market provides Size Analysis and forecasts 2020 to 2027. Industry Research Report is detailed, with all the important factors, to help you in business decisions making and develop crucial strategies. Regardless of a manufacturing process or cost structures, this report provides a comprehensive understanding of the progression strategies and ways.
Market Trends:
The report has analyzed many features which are impacting the growth of Automotive Electronics Sensors market. Thriving factors are positively impacting the demand and restraining factors obstructing the growth of the market are discussed in detail along with their impacts on the global market. Furthermore, the trends which are driving the market and impacting the growth of the market are identified and discussed in detail in the reported study. Other qualitative and quantitative factors such as risks taking with the operations and major challenges faced by the players in the market are included in the report.
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Automotive Electronics Sensors Market Segmentation:
Global Automotive Electronics Sensors Market, by Application
• Power-train • Chassis • Exhaust • Safety & Control • Climate Control • Body Electronics • Telematics • Others Global Automotive Electronics Sensors Market, by Vehicle System
• Air cushion restraint system • Brake/Traction Control • Collision Avoidance • Engine Management • Comfort/Convenience • Heat Ventilation Air Conditioning HVAC • Navigation(NAV) • Smart Cruise Control • Suspension • Testing • Vehicle Security Global Automotive Electronics Sensors Market, by Vehicle Type
• Passenger Cars • Light Commercial Vehicles (LCV) • Heavy Commercial Vehicles (HCV) Global Automotive Electronics Sensors Market, by Sales Channel
• Original Equipment Manufacturer (OEM) • Aftermarket Global Automotive Electronics Sensors Market, by Region
• Asia Pacific • North America • Europe • South America • Middle East & Africa
Key Players:
• Robert Bosch • DENSO Corporation • AUTOLIV INC • Continental AG • Valeo • Delphi Automotive Company • Sensata Technologies • NXP Semiconductor • STMicroelectronics N.V • Infineon Technologies AG
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Regional Analysis:
Asia-Pacific(Vietnam, China, Malaysia, Japan, Korea, Thailand, India, Philippines, Indonesia, and Australia)
Europe(Turkey, Russia UK, Italy, Germany, France, etc.)
North America(the United States, Mexico, and Canada.)
South America(Brazil etc.)
The Middle East and Africa(GCC Countries and Egypt.)
COVID-19 Impact Analysis on Automotive Electronics Sensors Market:
The COVID-19 pandemic has had an impact on the method of life across the globe. Each business, the industry has got to fight the battle on each front—health and economic. The only reply to this spiral is to strategize through this pandemic disruption, and that we believe that firms shall profit an excellent deal from our report into the market. Our report provides probable solutions to the problems caused by the COVID-19 pandemic About Us:
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zaras2424 · 2 years
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Outlook of Automotive Pedal Market: Research Report During 2021-2030
Absolute Markets Insights detailed analysis of its prolific knowledge storehouse titled; Automotive Pedal Market has been published. Designed using singular techniques, with detailed employment of primary and secondary research methodologies, the data presented is particular and robust. The information, thus presented factors in the different dynamics of business that have been elaborated to get a comprehensive description of changing variables.
Automotive Pedal Market was Estimated to be US$ 1,545.0 Mn In 2018 and is Anticipated to Reach US$ 2,712.9 Mn By 2030 Growing at a CAGR Of 6.4% Over the Forecast Period Owing to Incorporation of Electronic Pedal Repositioning in Automobiles, Says Absolute Markets Insights.=
Global automotive pedal market is anticipated to gain a significant lift with increasing demand from automobiles owing to incorporation of electronic pedal repositioning. Electronic pedal relocation involves provision of an additional accelerator pedal on the left-hand side of footwell of a driver cabin. The accelerator pedal on the right remains fully functional. There is a switch in the centre which allows the activation of the right hand or the left-hand accelerator pedal. It also includes safety electronics which prevents the accidental switch during the driving. For example, Mercedes Benz has added electronic pedal repositioning which allows relocation of the automotive pedal according to the individual requirement. Also, the company added pedal extensions to automotive pedals for easier driver access of automotive pedals. Pedal extension is basically extending the height of the pedal up to 10 centimetres. Mercedes Benz has also introduced an additional accelerator pedal for added safety in case of failure of the existing accelerator pedal. An electronic sensor is present that allows to activate the other accelerator pedal. Rise in adoption of electronic pedal repositioning in passenger vehicles is driving the global automotive pedal market.
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Globally, rise in sale of new automobiles and aftermarket demand of automotive pedals are increasing the market size of the global automotive pedal market. Conventional automotive pedals continue to gain momentum in the market, owing to various changes in the pedal padding, pedal flexibility, improved pedal positioning among others. Global rise in adoption of regenerative braking system in automobiles is increasing the demand for automotive pedals. For example, U.S. based electric vehicle manufacturer Tesla Inc. deploys regenerative braking system in their automotive pedals. In Tesla Model 3, regenerative braking system helps in charging the vehicle’s batteries by converting the kinetic energy generated by the automotive pedal into electric energy. This process helps a vehicle to save energy and store it for future requirements, increasing the overall efficiency of the vehicle. Regenerative braking employ specific automotive pedal for energy saving process. Rise in adoption of regenerative braking increasing the demand for automotive pedals. Asia Pacific is the largest automotive market in the world. Among Asia Pacific countries, China is not only the largest automotive market in Asia Pacific but globally largest market. Rise in sale and production automobiles in China is increasing the demand for automotive pedals.
The detailed research study provides a qualitative and quantitative analysis of the global automotive pedal market. The market has been analysed from demand as well as the supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply-side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Key Findings of the Report
In terms of revenue, the automotive pedal market is anticipated to reach US $ 2,712.9 Mn by 2027 owing to rise in demand for automotive pedals.
On the basis of pedal type, brake pedal is estimated to have a substantial growth over the forecast period with the highest revenue of US$ 1024.69 Million owing to the rise in demand for automotive pedals because of increase in production of automobiles.
Rise in millennial population, increase in disposable income among others are increasing the demand for automobiles which subsequently is driving the demand for automotive pedal, over the forecast years.
On the basis of vehicle type, Cars are expected to gain a higher market share of 60.34% by 2027.
Asia Pacific accounted for the highest market share of the global business of 51.29% in 2018. While Europe accounted for a market share of 25.47% of the global business.
Global Automotive Pedal Market
By Pedal Type
Accelerator
Brake
Clutch
By Vehicle Type
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
Cars
By Material
Steel
Magnesium
Aluminum
Plastic
Others
By Region
North AmericaS. Canada Mexico Rest of North America
EuropeFrance The UK Spain Germany Italy Nordic CountriesDenmark Finland Iceland Sweden Norway Benelux UnionBelgium The Netherlands Luxembourg Rest of Europe
Asia PacificChina Japan India New Zealand Australia South Korea Southeast AsiaIndonesia Thailand Malaysia Singapore Rest of Southeast Asia Rest of Asia Pacific
Middle East & AfricaSaudi Arabia UAE Egypt Kuwait South Africa Rest of Middle East & Africa
Latin AmericaBrazil Argentina Rest of Latin America
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