AUTOMOTIVE SENSORS MARKET
INTRODUCTION
Automotive Sensors Market are integral part of the vehicle. They are designed to detect, transmit, record and display the vehicle performance information directly or indirectly to the driver.
Sensors monitor vehicle engines, fuel consumption and emissions, along with aiding and protecting drivers and passengers.
The major factors driving the automotive sensors market are the increased safety standards with regard to passengers and technological advancement in the segment.
The development of connected car technology is seen as the important driving factor in the sensors market.
To know more about Global Automotive Image Sensors Market, read our report
AUTOMOTIVE SENSORS MARKET SEGMENTATION
Automotive Sensors Market By Type
- Temperature Sensors
- Position Sensors
- Speed Sensors
- Pressure Sensors
- Gas Sensors
- Safety Sensors
- Magnetic Sensors
- Image Sensors
Automotive Sensors Market By Application
- Powertrain
- Safety & Control
- Telematics
- Exhaust
- Chassis
Automotive Sensors Market By Technology
- Micro-Electromechanical System (MEMS)
- Non-MEMS
Automotive Sensors Market By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- 2-Wheeled Vehicles
Automotive Sensors Market By Distributor Channel
- Aftermarket
- OEM
Automotive Sensors Market By Geography
- US
- Europe
- China
- India
- ROW
AUTOMOTIVE SENSORS MARKET DYNAMICS
| SI No | Timeline | Company | Developments |
| 1 | March 2022 | Ouster | Lidar sensor developer Ouster will acquire Sense Photonics, developer of a digital solid-state lidar sensor for automotive series production. |
| 2 | November 2021 | SmartWitness Holdings | SmartWitness Holdings, Inc., a video telematics company, has been acquired by Sensata Technologies. SmartWitness provides hardware, software, analytics, and support for linked video telematics, as well as interfaces with more than 40 TSPs around the world. |
| 4 | February 2021 | Harman | Savari, Inc., a Silicon Valley-based automotive technology firm developing vehicle-to-everything communications (V2X) technology in 5G Edge and automotive devices, has been acquired by HARMAN International for essentially all of its assets. |
| Sl.no | Timeline | Developments |
| 1 | Q4-2021 | Due to the increase in sales of electronic products during the pandemic created huge demand for semiconductors but production stopped, which caused a global chip shortage and it is expected to recover in the second half of 2022. The chip making companies are planning ahead to fulfil the demand by investing more money for the production and some giant companies are in plans to set up new plants. |
| 2 | Q4-2021 | Infineon technologies launched its new product “XENSIV TLE4972” which is a coreless current sensor with maximum precision for automotive utilization. |
| 3 | Q4-2021 | The Indian government planned to provide incentives under semiconductor design linked policy to support MSMEs and startups to boost domestic manufacturing and also it attracts electronic chip makers from global to the country. |
| 4 | Q4-2021 | Samsung plans to set up its new chip manufacturing plant in Texas with an investment of $17 billion and it is expected to start by 2024. |
| 5 | Q4-2021 | STMicroelectronics developed its new product “STA8135GA” which is a single chip that acts as a receiver with triple band navigation system is an advanced automotive satellite navigation chip system qualified by Global Navigation Satellite System. |
Stringent regulations from the government across the world to implement laws regarding emission standards and mandatory safety of passengers are expected to drive the market. The introduction of different Advanced Driver Assistance System (ADAS) sensors such as LiDAR and Ultrasonic sensor has been massive technological advancements propelling the sensors market.
Light-to-analog (voltage) sensors and light-to-digital sensors from Renesas are perfect for automotive ambient light sensing, backlight and lighting management, and anti-glare mirror systems.
Inductive position sensor ICs designed for automotive use can be employed in a variety of high-speed motor control applications. Renesas also offers best-in-class automotive sensor signal conditioning (SSC) ICs that are tuned for demanding automotive settings with low supply current requirements.
BY TYPE
Among the type of the sensors used the position or the level sensors have been the leader in the market. Since these are found in most of the components such as engine, chassis transmission, brakes to determine gear, throttle, pedal and steering wheel positions.
Also position sensors holds the largest share because they are find in larger numbers in passenger cars, such as seat position, wiper position and sunroof position.
In the future the image sensors are expected to see considerable growth as the image sensors find application in ADAS. The rise in autonomous cars will boost the image sensors as they play a crucial role for this segment of cars.
To know more about Global Automotive Ultrasonic Sensors Market, read our report
The below graph shows the market share of different sensors:
BY APPLICATION
Powertrain sensor holds the largest size in sensors market since they comprise of almost every type of sensor. They use position, speed, pressure, temperature and knock sensors at various parts of Powertrain.
| Type of Sensor | Application |
| Temperature Sensors | Manifolds, Engine oil and Transmission oil |
| Speed Sensors | Transmission input and output, Turbocharger |
| Position Sensors | Camshaft, Crankshaft, Throttle and Pedal |
| Pressure Sensors | Manifold, Engine Oil |
| Knock Sensors | Engine Vibration |
The sensors application in safety segment is expected to increases substantially as ADAS is getting common in most cars. Some other sensors used in airbag system and seating systems will help boost the safety and control segment.
The sensors involving telematics might well be biggest rise as the connected car and autonomous car market will surge in the future.
BY VEHICLE TYPE
Passenger cars dominate the market based on the vehicle type as the sensors in these cars help enhance the safety and comfort of the passengers than any other vehicle.
With the increasing popularity of automated driving/autonomous and connected cars, the sensors market will eventually see expansion in passenger car market.
The commercial vehicles especially HCV such as the trucks used in situations will draw the sensors market as the safety at the highest order is essential in and around the trucks.
Features such as Blind Spot Detection (BSD), Automatic Emergency Braking (AEB) and Forward Collision Warning (FCW) will increase the penetration of sensors in commercial vehicle sector.
AUTOMOTIVE SENSORS MARKET US AUTOMOTIVE SENSORS MARKET
US market holds the major chunk of share in the global market. The stringent regulations regarding driver’s safety and the constant R&D investment on automation in driving are driving the US market.
AUTOMOTIVE SENSORS MARKET EUROPE AUTOMOTIVE SENSORS MARKET
Europe’s move to make 9 driver safety requirements to be mandatory by 2022 will potentially boost the sensors supporting ADAS application in passenger cars. In the presence of major automotive sensors manufacturers, Europe holds considerable share in the market.
CHINA AUTOMOTIVE SENSORS MARKET
China with highest population of electric passenger vehicles will drive the sensors market as they need more sensors than traditional vehicle as the telematics in EV demand more sensors.
INDIA AUTOMOTIVE SENSORS MARKET
Indian government has mandated the implementation of features of ADAS in passenger vehicles in July 2019, also for the commercial vehicles by end of April 2020. This will drive the automotive sensors market penetration in commercial vehicles segment too.
AUTOMOTIVE SENSORS MARKET SIZE AND FORECAST
Since the sensors are subjected to constant updates and the need to bring these changes to the sensors to enhance the safety and comfort of the driver and passengers the technology has been dynamically changing and this will lead to new products boosting the market.
Various sensors are being developed to eliminate the distraction and intoxication of drivers, thus increasing the safety of the passengers. Volvo has been deploying these sensors from the model year 2021.
AUTOMOTIVE SENSORS MARKET RECENT TRENDS
| SI.no | Timeline | Company | Developments |
| 1 | Q4-2021 | Reality AI | Reality AI won the best sensors award for its most innovative designed Automotive SWS sensor, held at Sensors Converge 2021 Conference and Expo |
| 2 | Q4-2021 | CEVA | CEVA has achieved its automotive safety complaint certification for its SensPro sensor hub DSP IP. |
| 3 | Q4-2021 | Qualcomm | One of the leading chip manufacturers, Qualcomm, will supply its chips to BMW for its next generation autonomous vehicles. |
| 4 | Q4-2021 | Samsung electronics | Samsung electronics to supply its ISOCELL Auto 4AC image sensor to Hyundai Motor’s electric vehicle model Genesis GV60. |
| 5 | Q4-2021 | Robert Bosch | Robert Bosch to invest €400 million to chip manufacturing because of the semiconductor shortage which disturbed the production. |
| 6 | Q4-2021 | Qualcomm and SSW | Qualcomm and SSW are partnered to buy Veoneer for $4.5 billion. |
- Infineon Technologies has completed acquisition of California based Cypress Semiconductor helping Infineon to expand its reach to ADAS components.
- Minda Industries from India is to partner with US based Sensata Technology to develop wheel speed sensors in India and South Korea.
AUTOMOTIVE SENSORS MARKET NEW LAUNCHES
- Veoneer Swedish auto-tech provider with the help of FLIR systems is incorporating the thermal sensing cameras in level 4 autonomous vehicle.
- JK Tyre has launched Treel Sensors, a Tyre Pressure Monitoring System (TMPS) one of the first high-tech moves towards ‘smart tyre’ in Indian market.
- Nikon in a partnership with US based Velodyne Lidar, has started mass production of Lidar sensors for the latter.
- Chinese electric car maker from China has incorporated 3D Time of Flight (TOF) sensors inside the cockpit made by P MD Technologies from Germany. It is used to measure the time required for the camera light to bounce back of an object.
AUTOMOTIVE SENSORS MARKET COMPETITIVE LANDSCAPE
| SI No | Timeline | Company | Developments |
| 1 | Dec 2021 | Car Trade Tech Ltd. | CarTrade Tech Ltd, one of India’s largest automotive platforms, wants to invest up to USD 100 million (INR 750 crores) in strategic automotive acquisitions and investments. |
| 2 | February 2022 | Faurecia | Faurecia closes $6B billion acquisition of Hella to boost EV.Faurecia has acquired a controlling stake in Hella, seeking to increase its presence in electrification and self-driving technology and automotive sensors.
|
| 4 | November 2021 | Spark Minda | Spark Minda Group buys Stoneridge JV stake, eyes more acquisitions with $100 million investment plant o take full control of the automotive instrument cluster and sensors business.
|
| SI.no | Timeline | Company | Developments |
| 1 | Q4-2021 | TriEye | TriEye an Israeli based startup, raised $74 million funding from Intel, Porsche, Samsung and other investors to commercialize its Short- Wave- Infrared(SWIR) sensing technology. |
| 2 | Q4-2021 | CTS Corporation | CTS Corporation is one of the top manufacturers in the automotive sensor industry, its revenue increased by 8% in Q3 2021 as compared with the same quarter of 2020. |
| 3 | Q3-2021 | Veoneer | Veoneer, an automotive technology specialist’s sales increased 5% to $391m in Q3 2021. |
Some of the major players in the automotive sensors market are Bosch GmBH (Germany), Continental AG (Germany), Delphi Automotive (UK), Infineon Technologies (Germany), STMicroelectronics (Switzerland) and Denso Corporation (Japan).
To know more about Global Automotive Current Sensors Market, read our report
GLOBAL AUTOMOTIVE SENSORS MARKET RECENT ACQUISITION
D&R Technology (D&R), a privately held company with yearly revenues of around $50 million, has been bought by CTS Corp. D&R principally serves the automotive light vehicle sector with custom-designed sensors, switches, and electromechanical components.
D&R was purchased by CTS for roughly $63.5 million in cash. The purchase is expected to be accretive to CTS’, according to the firm.
With new clients and a broader product portfolio, CTS claims that this acquisition considerably enhances its key automotive sensor product base. CTS’ Components and Sensors division will be more diversified as a result of the purchase, with additional growth potential in sensor applications for safety systems and vehicle chassis management.
D&R also complements CTS’ world-class engineering team by bringing excellent sensor design and development engineering capabilities. D&R focuses in developing cutting-edge technological products that deliver cutting-edge, application-specific solutions.
Non-contacting chassis height position sensors, seat belt tension sensors, seat belt buckle switches, and anti-lock braking system (ABS) wheel speed sensors are among the company’s key products. Seat track position sensors and current sensors for electric and hybrid vehicles are newer devices.
NEW PRODUCT LAUNCH
The OX03C10 ASIL-C automotive image sensor has been introduced by OmniVision Technologies. The business claims that it is the first display in the world for viewing applications that combines a huge 3.0 micron pixel size with a high dynamic range (HDR) of 140dB and an LED flicker mitigation (LFM) performance for watching applications with minimal motion artefacts.
The business claims that this is also the first viewing image sensor with HDR and LFM that can produce 1920x1280p resolution at 60 frames per second (fps). Additionally, the OX03C10, which the company claims has the lowest power consumption of any LFM image sensor with 2.5MP resolution and an industry-small package size, enables the placement of cameras that constantly run at 60 fps in even the smallest areas.
This sensor also has basic image processing features built in, such as lens and defect pixel correction. The HALE (HDR and LFM engine) combination algorithm from OmniVision is integrated to deliver simultaneous HDR and LFM performance.
Rearview cameras (RVC), surround view systems (SVS), camera monitoring systems (CMS), and e-mirrors are just a few of the automobile viewing applications that can benefit from the OX03C10’s high image quality.
Compared to the few rival sensors that offer 140dB HDR, the OX03C10 greatly reduces motion artefacts thanks to its Deep WellTM, dual conversion gain technology.
Compared to non-stacked technology, OmniVision’s PureCelPlus-S stacked architecture offers better pixel performance.For instance, OmniVision was able to improve pixel and dark current performance thanks to 3D stacking.
Which, according to the business, led to a 20% increase in the signal-to-noise ratio over the 2.5MP viewing sensors’ previous iteration. Additionally, the OX03C10 has 12-bit DVP and 4-lane MIPI CSI-2 interfaces. The new OX03C10 image sensor is offered in both a-CSP and a-BGA packages, and it is expected to be AEC-Q100 Grade 2 certified.
Advanced image sensors have been launched by STMicroelectronics for use in automotive safety systems. These sophisticated image sensors improve car occupant monitoring by capturing the picture as it is lighted by the camera, excluding erratic external factors like sunlight or street illumination.
In particular, under near-infrared illumination near 940nm, their higher image quality sharpens the reactions of driver-monitoring systems and enables additional functions like gauging driver attention, passenger comfort, or child behaviour.
The new sensors incorporate ST’s global shutter technology for automobiles, which significantly reduces lighting power consumption even in high-dynamic-range mode.
AUTOMOTIVE SENSORS MARKET COMPANY PROFILE
- Bosch GmbH
- Delphi Automotive
- Denso Corporation
- Valeo Pvt Ltd
- Continental AG
- Infineon Technologies
- STMicroelectronics
- Sensata Technologies
- Texas Instruments
THIS AUTOMOTIVE SENSORS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
- Automotive Sensors Market size and Forecast, by region, by application
- Average B-2-B price for Automotive Sensors Market, by region, per user
- Technology trends and related opportunity for new Automotive Sensors Market tech suppliers
- Automotive Sensors Market share of leading vendors, by region,
- Coronavirus impact on Automotive Sensors Market earnings
