Global Automotive Ultrasonic Sensors Market 2024-2030

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    AUTOMOTIVE ULTRASONIC SENSORS MARKET

     

    INTRODUCTION TO AUTOMOTIVE ULTRASONIC SENSORS MARKET

     

    Ultrasonic sensors have been used for object detection in the automotive industry since late 1990s.

     

    Info Graphic: Global Automotive Ultrasonic Sensor Market, automotive ultrasonic sensors market growth

     

    The ultrasonic technology is a popular and cost-effective solution for reverse and assisted parking.

     

    The ultrasonic sensor-based parking systems have evolved from simply detecting an object’s presence and alerting drivers to an object’s proximity to complete autonomous parking of the car with minimal driver inputs.

     

    AUTOMOTIVE ULTRASONIC SENSORS MARKET NEW ACQUISITION

     

    Datalogic S.p.A., a company listed on the STAR segment of the Italian Stock Exchange organised and managed by Borsa Italiana S.p.A. and a global leader in the automatic data capture and process automation markets, today announced that, following Datalogic’s prior approval, its subsidiary Datalogic S.r.l. has committed to acquire the entire share capital of M.D. Micro Detectors S.p.A. from Finmasi di Marcello Masi & C. S M.D. Microdetectors is a Modena-based firm that designs, manufactures, and sells industrial sensors.

     

    With the addition of inductive and ultrasonic sensors to its portfolio of products, the Group Datalogic will be able to strengthen its Italian and global presence in the industrial automation market, with applications in a variety of industries including electronics, pharmaceuticals, logistics, and automotive.

     

    M.D. Micro Detectors’ highly creative content, combined with Datalogic’s product portfolio and distribution network, is a growth project aimed at establishing Italy’s key hub for sensors in the industrial automation sector.

     

    NUMBER OF ULTRASONIC SENSORS REQUIRED PER DRIVER ASSIST SYSTEM

     

    Sl no ADAS Required number of sensor(s) per Vehicle
    1 Side view assist 4
    2 Remote park-assist 12
    3 Park assist 1
    4 Low speed emergency braking 12
    5 Parking aid 4-12

     

    Typically, these ultrasonic systems require between 4 to 12 sensors placed around the corners of the car.

     

    MARKET GROWTH BY 2020-2021

     

    By 2019-20, many parts of the world will require the installation of park assist systems in new cars for object detection and avoidance to improve safety.

     

    But ultrasonic sensors also face increasing substitution risk by mm Wave radars which have bigger range, wider field of view, can identify velocity and angle of object and are largely unaffected by dirt accumulated on bumper and interference from other cars.

     

    Apart from parking, ultrasonic sensors can also be used in measurement of oil pressure (with electric oil pump), height and pressure of air springs. Therefore, the growth of vehicle electrification will be an important driver for automotive ultrasonic sensor market.

     

    AUTOMOTIVE ULTRASONIC SENSORS MARKET SEGMENTATION

     

    Automotive Ultrasonic Sensor By OEM

    1. GM
    2. Ford
    3. European Luxury car OEMs(Audi, BMW, Mercedes, Volvo, JLR)
    4. FCA
    5. Toyota
    6. Nissan
    7. Honda
    8. VW Group
    9. Tesla
    10. PSA Group
    11. Chinese OEMs(WM Motors, NIO, Byton, Geely)

     

    Automotive Ultrasonic Sensor By Geography

    1. US
    2. Europe
    3. China
    4. Japan
    5. India
    6. Canada
    7. South Korea
    8. ASEAN
    9. Latin America
    10. ROW

     

    Automotive Ultrasonic Sensor By Application

    1. Parking aid
    2. Autonomous parking
    3. Remote park assist
    4. Powertrain

     

     

    Automotive Ultrasonic Sensor By Market Segment

    1. OE
    2. Aftermarket

     

    AUTOMOTIVE ULTRASONIC SENSORS MARKET SIZE AND FORECAST

     

    The automotive ultrasonic sensor market is estimated at $XXM in 2023 and growing at –%CAGR till 2030.

     

    AUTOMOTIVE ULTRASONIC SENSORS MARKET COMPETITIVE LANDSCAPE

     

    There are more than 20 players active in the automotive ultrasonic sensor market and we have profiled the top 15.

     

    The OE segment is driven by legislations and high growth of L1-L2 ADAS automated vehicles being sold globally.

     

    Apart from OE segment, there is a significantly bigger market in aftermarket segment of automotive ultrasonic sensor market, catered by more than 50 players.

     

    AUTOMOTIVE ULTRASONIC SENSORS MARKET INNOVATION

     

    Traffic Information Acquisition System with Ultrasonic Sensors in Wireless Sensor Networks. Due to factors including their size, reliance on wired power supply, and wired communication, existing systems for gathering traffic statistics are expensive and have limited scalability.

     

    Wireless sensor networks (WSNs)-based traffic information collecting systems have been recommended because of their low costs and excellent scalability.

     

    The low computational power, constrained battery life, and significant transmission latency of WSN-based devices, however, are significant problems.

     

    All three of these issues have not been taken into account in existing research on WSN-based acquisition systems. 

     

    Numerous issues, including increased air pollution and a rise in the number of auto accidents, have been brought about by the rising usage of automobiles, including severe traffic congestion.

     

    Physical solutions, such as road expansions, have so far been proposed as a solution to these issues. Such techniques, however, not only have large building costs, but they also have physical restrictions.

     

    Recently, ITSs have been researched as a way to tackle the issues with current physical techniques at lower prices and with more efficiency.

     

    An ITS is a combination of information and transportation technology that improves both road usage efficiency and traffic safety.

     

    The basis of an ITS is a traffic information acquisition system. A variety of traffic information gathering technologies, including inductive loop detectors, infrared sensors, and video monitoring systems, have been created.

     

    However, because of their massive size, wired power supply, and wired communication systems, such systems are expensive and have limited scalability.

     

    Traffic information gathering systems based on WSNs have been investigated in a wide range of application domains to achieve cheap costs and great scalability.

     

    The low computational power, constrained battery capacity, and significant transmission latency of WSN-based devices, however, should raise serious concerns. 

     

    WSN-based acquisition methods have not taken into account all three issues at once. In addition, rather than emphasising real-world issues, most research has concentrated on theoretical ones.

     

    Consequently, a new system that takes into account all three of WSN-based systems’ drawbacks is needed. The suggested approach reduces power usage and transmission latency.

     

    Additionally, our system’s vehicle detecting algorithm is efficient and accurate while yet being lightweight. The suggested system has several benefits, including simple setup, cheap maintenance costs, and excellent scalability.

     

    The technology makes use of ultrasonic sensors placed along a roadside. Our simple vehicle recognition system transforms the initial distance data collected by these sensors into traffic information.

     

    For usage by other ITS programmes, this traffic data should be sent as soon as feasible to a central server. Additionally, there should be little power usage when delivering the traffic information.

     

    A three-phase routing system to achieve these goals. The suggested routing technique reduces transmission latency and power usage.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. Automotive ultrasonic sensor Market size and forecast, 2024-2030
    2. Average B-2-B price per ultrasonic sensor, segmented by region
    3. Important opportunities and trends in passenger and commercial vehicle ultrasonic sensor market
    4. Market share of leading vendors and OE-supplier alignment in Automotive ultrasonic sensor market
    5. Impact of upcoming L3 autonomous vehicles on Automotive ultrasonic sensor market

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2024
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2024
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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