Global Passenger Car Sensors Market Size, Trends, By Type (Compact, Midsize, Luxury, SUVs), By Sensor Type (Pressure Sensors, Position Sensors, Speed Sensors, Temperature Sensors, O2 and NOx Sensors, Safety and Comfort Sensors, Others), By Application (Powertrain/Drivetrain System Sensors, Exhaust System Sensors, Interior/Comfort System Sensor, Body Control System Sensor, Safety/Das Sensors) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa):Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Passenger Car Sensors Market
Global Passenger Car Sensors Market was valued at US$ 130 Bn in 2022, estimated to reach US$ 259 Bn by 2030, with a CAGR of 7.41 % from 2023-2030.
Several aspects of the car are monitored by a passenger car sensor, which transmits data to the driver or Electronic Control Unit (ECU). In certain circumstances, based on the data from the sensor, the Electronic Control Unit (ECU) automatically makes adjustments to the specific part. The engine, oil pressure, emission levels, temperature, coolant system, and vehicle speed are just a few of the things that passenger car sensors can keep an eye on.
Market Drivers
The development of the passenger car sensors industry depends heavily on additional sensors such chassis, body, and engine sensors. Powertrain sensors are essential for the effective operation of the engine, alternator, and gearbox system. Chassis sensors monitor the suspension, steering, and braking systems. The power steering, braking, and ADAS systems of SAE AV vehicles all make use of sensor clusters. Body sensors evaluate the vehicle's operation and condition based on a number of variables. Body sensors can send and gather data on seat occupancy and door/roof shutting, and they can also set off alarms and carry out simple tasks as a result. Therefore, autonomous vehicles equipped with a wide variety of sensors that can increase productivity while reducing driver stress.
Sales of electric cars have surged in several countries as a result of the rising popularity of these vehicles and strict regulations aimed at reducing carbon emissions. The International Energy reports that until 2020, there will have been over 1.8 million electric car registrations in the United States, a 3X increase over the previous four years. The market will rise during the forecast period due to the growing use of proximity and temperature sensors in smart electric vehicles as part of its safety system.
Market Restraints
The market for passenger car sensors has some restrictions that could prevent it from expanding, including diagnostics rules, expensive sensor product prices combined with enhanced processing capabilities, and rising OEM expectations. Additionally, the reduced driver involvement could pose a threat to the market's expansion during the aforementioned forecast period.
Market Segmentation
The scope of the Card Edge Connectors market covers segmentation based on By Type, By Sensor Type, By Application and By Region.
By device type, the market is segmented into Compact, Midsize, Luxury and SUVs. By Sensor Type, the market is segmented into Pressure Sensors, Position Sensors, Speed Sensors, Temperature Sensors, O2 and NOx Sensors, Safety and Comfort Sensors and Others. By application, the market is segmented into Powertrain/Drivetrain System Sensors, Exhaust System Sensors, Interior/Comfort System Sensor, Body Control System Sensor, Safety/Das Sensors.
Regional Analysis
The Global Passenger Car Sensors Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
In terms of revenue growth, North America commands the market for passenger car sensors. This is mostly caused by the region's rising population and stable economic conditions. The rapidly expanding passenger car market in North America encourages automakers to concentrate on these areas.
Due to the growing number of dual-income households that enable the deployment of safety technology in the region, the Asia-Pacific region is predicted to experience the quickest rate of development during the forecast period. Furthermore, the markets for passenger car sensors in this region are expanding significantly in China and Japan.
Key Players
Continental AG, Robert Bosch GmbH, DENSO Corporation, TE Connectivity, BorgWarner Inc., Allegro MicroSystems, Analog Devices, Inc, Infineon Technologies AG, NXP Semiconductor, ZF Friedrichshafen AG.
Market Taxonomy
By Type
• Compact
• Midsize
• Luxury
• SUVs
By Sensor Type
• Pressure Sensors
• Position Sensors
• Speed Sensors
• Temperature Sensors
• O2 and NOx Sensors
• Safety and Comfort Sensors
• Others
By Application
• Powertrain/Drivetrain System Sensors
• Exhaust System Sensors
• Interior/Comfort System Sensor
• Body Control System Sensor
• Safety/Das Sensors
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Passenger Car Sensors Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Passenger Car Sensors Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Passenger Car Sensors Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Passenger Car Sensors Market Share Analysis, By Type
5.3 Global Passenger Car Sensors Market Size and Forecast, By Type
5.3.1 Compact
5.3.2 Midsize
5.3.3. Luxury
5.3.4. SUVs
6 Global Passenger Car Sensors Market, By Sensor Type
6.1 Y-o-Y Growth Comparison, By Sensor Type
6.2 Global Passenger Car Sensors Market Share Analysis, By Sensor Type
6.3 Global Passenger Car Sensors Market Size and Forecast, By Sensor Type
6.3.1 Pressure Sensors
6.3.2 Position Sensors
6.3.3 Speed Sensors
6.3.4 Temperature Sensors
6.3.5 O2 and NOx Sensors
6.3.6 Safety and Comfort Sensors
6.3.7 Others
7 Global Passenger Car Sensors Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Passenger Car Sensors Market Share Analysis, By Application
7.3 Global Passenger Car Sensors Market Size and Forecast, By Application
7.3.1 Powertrain/Drivetrain System Sensors
7.2.2 Exhaust System Sensors
7.3.3 Interior/Comfort System Sensor,
7.3.4 Body Control System Sensor
7.3.5 Safety/Das Sensors
8 Global Passenger Car Sensors Market, By Region
8.1 Global Passenger Car Sensors Market Share Analysis, By Region
8.2 Global Passenger Car Sensors Market Size and Forecast, By Region
8.3 Global Passenger Car Sensors Market Trends and Forecast, By Region
9 North America Passenger Car Sensors Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Passenger Car Sensors Market Share Analysis, By Type
9.3 North America Passenger Car Sensors Market Size and Forecast, By Sensor Type
9.4 North America Passenger Car Sensors Market Size and Forecast, By Application
9.5 North America Passenger Car Sensors Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Type
9.5.1.2 Market Size and Forecast, By Sensor Type
9.5.1.3. Market Size and Forecast, By Application
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Type
9.5.2.2 Market Size and Forecast, By Sensor Type
9.5.2.3. Market Size and Forecast, By Application
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Type
9.5.3.2 Market Size and Forecast, By Sensor Type
9.5.3.3. Market Size and Forecast, By Application
10 Europe Passenger Car Sensors Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Passenger Car Sensors Market Share Analysis, By Type
10.3 Europe Passenger Car Sensors Market Size and Forecast, By Sensor Type
10.4 Europe Passenger Car Sensors Market Size and Forecast, By Application
10.5 Europe Passenger Car Sensors Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Type
10.5.1.2 Market Size and Forecast, By Sensor Type
10.5.1.3. Market Size and Forecast, By Application
10.5.2 France
10.5.2.1. Market Size and Forecast, By Type
10.5.2.2 Market Size and Forecast, By Sensor Type
10.5.2.3. Market Size and Forecast, By Application
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Type
10.5.3.2 Market Size and Forecast, By Sensor Type
10.5.3.3. Market Size and Forecast, By Application
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Type
10.5.4.2 Market Size and Forecast, By Sensor Type
10.5.4.3. Market Size and Forecast, By Application
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Type
10.5.5.2 Market Size and Forecast, By Sensor Type
10.5.5.3. Market Size and Forecast, By Application
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Type
10.5.6.2 Market Size and Forecast, By Sensor Type
10.5.6.3. Market Size and Forecast, By Application
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Type
10.5.7.2 Market Size and Forecast, By Sensor Type
10.5.7.3. Market Size and Forecast, By Application
11 Asia Pacific Passenger Car Sensors Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Passenger Car Sensors Market Share Analysis, By Type
11.3 Asia Pacific Passenger Car Sensors Market Size and Forecast, By Sensor Type
11.4 Asia Pacific Passenger Car Sensors Market Size and Forecast, By Application
11.5 Asia Pacific Passenger Car Sensors Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Type
11.5.1.2 Market Size and Forecast, By Sensor Type
11.5.1.3. Market Size and Forecast, By Application
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Type
11.5.2.2 Market Size and Forecast, By Sensor Type
11.5.2.3. Market Size and Forecast, By Application
11.5.3 India
11.5.3.1. Market Size and Forecast, By Type
11.5.3.2 Market Size and Forecast, By Sensor Type
11.5.3.3. Market Size and Forecast, By Application
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Type
11.5.4.2 Market Size and Forecast, By Sensor Type
11.5.4.3. Market Size and Forecast, By Application
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Type
11.5.5.2 Market Size and Forecast, By Sensor Type
11.5.5.3. Market Size and Forecast, By Application
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Type
11.5.6.2 Market Size and Forecast, By Sensor Type
11.5.6.3. Market Size and Forecast, By Application
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Type
11.5.7.2 Market Size and Forecast, By Sensor Type
11.5.7.3. Market Size and Forecast, By Application
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Type
11.5.8.2 Market Size and Forecast, By Sensor Type
11.5.8.3. Market Size and Forecast, By Application
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Type
11.5.9.2 Market Size and Forecast, By Sensor Type
11.5.9.3. Market Size and Forecast, By Application
12 Latin America Passenger Car Sensors Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Passenger Car Sensors Market Share Analysis, By Type
12.3 Latin America Passenger Car Sensors Market Size and Forecast, By Sensor Type
12.4 Latin America Passenger Car Sensors Market Size and Forecast, By Application
12.5 Latin America Passenger Car Sensors Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Type
12.5.1.2 Market Size and Forecast, By Sensor Type
12.5.1.3. Market Size and Forecast, By Application
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Type
12.5.2.2 Market Size and Forecast, By Sensor Type
12.5.2.3. Market Size and Forecast, By Application
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Type
12.5.3.2 Market Size and Forecast, By Sensor Type
12.5.3.3. Market Size and Forecast, By Application
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Type
12.5.4.2 Market Size and Forecast, By Sensor Type
12.5.4.3. Market Size and Forecast, By Application
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Type
12.5.5.2 Market Size and Forecast, By Sensor Type
12.5.5.3. Market Size and Forecast, By Application
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Type
12.5.6.2 Market Size and Forecast, By Sensor Type
12.5.6.3. Market Size and Forecast, By Application
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Type
12.5.7.2 Market Size and Forecast, By Sensor Type
12.5.7.3. Market Size and Forecast, By Application
13 Middle East Passenger Car Sensors Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Passenger Car Sensors Market Share Analysis, By Type
13.3 Middle East Passenger Car Sensors Market Size and Forecast, By Sensor Type
13.4 Middle East Passenger Car Sensors Market Size and Forecast, By Application
13.5 Middle East Passenger Car Sensors Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Type
13.5.1.2 Market Size and Forecast, By Sensor Type
13.5.1.3. Market Size and Forecast, By Application
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Type
13.5.2.2 Market Size and Forecast, By Sensor Type
13.5.2.3. Market Size and Forecast, By Application
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Type
13.5.3.2 Market Size and Forecast, By Sensor Type
13.5.3.3. Market Size and Forecast, By Application
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Type
13.5.4.2 Market Size and Forecast, By Sensor Type
13.5.4.3. Market Size and Forecast, By Application
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Type
13.5.5.2 Market Size and Forecast, By Sensor Type
13.5.5.3 Market Size and Forecast, By Application
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Type
13.5.6.2 Market Size and Forecast, By Sensor Type
13.5.6.3 Market Size and Forecast, By Application
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Continental AG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Robert Bosch GmbH
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. DENSO Corporation
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 TE Connectivity
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 BorgWarner Inc.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Allegro MicroSystems
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Analog Devices, Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Infineon Technologies AG
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 NXP Semiconductor
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 ZF Friedrichshafen AG.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
