Automotive Sensors Market Growth, Key Trends & Factor Driving Industry till 2027
The Automotive Sensors Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the size, share & growth of the market.

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Automotive Sensors Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Automotive Sensors Industry Analytical Overview (2022-2027): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Automotive Sensors Market is expected to observe around 6.8% CAGR in the forecast period of 2022-27. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2022 to 2027.
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What is Included in Automotive Sensors Market Segmentation?
The report has segmented the market into the following categories:
By Sensor Type
- Temperature
- Pressure
- Speed
- Position
- Others (Magnetic, Gas, Inertial, etc.)
By Application
- Powertrain
- Chassis
- Exhaust
- Telematics
- Safety & Control
Here, the powertrain and safety & control applications are the most prominent contributors to the growth of the global market. The extensive use of sensors in vehicles to keep track of their position, temperature, pressure, speed, gas, etc., for safe rides & efficient performance, coupled with various government regulations for vehicle safety, emissions, & fuel efficiency, are the prime aspects contributing to the market growth of automotive sensors for the powertrain application.
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles (LCV)
- Heavy Commercial Vehicles (HCV)
By Sales Channel
- OEMs
- Aftermarket
By Region
- North America
- South America
- Europe
- Asia-Pacific
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Key Factor Driver Automotive Sensors Industry Growth by 2027
Mounting Consumer Interest in Autonomous Vehicles- The growing adoption of ADAS & AD (Autonomous Driving) systems integrated with various position, temperature, speed, image sensors, etc., is the prime aspect projected to drive the Global Automotive Sensors Market during 2022-27. Besides, numerous ongoing R&D activities on enhancing the autonomous abilities of vehicles owing to stringent government regulations & growing consumer awareness regarding vehicle safety are other prominent aspects projected to accelerate the demand for automotive sensors worldwide in the coming years.
Who are the Key Players Operating in the Automotive Sensors Industry?
The top companies of the Automotive Sensors market ruling the industry are:
- Allegro Microsystems, LLC
- BorgWarner, Inc.
- CTS Corporation
- Continental AG
- Denso Corporation
- Elmos Semiconductor
- Infineon Technologies AG
- NXP Semiconductors
- Robert Bosch GmbH
- STMicroelectronics
- Texas Instruments Incorporated
- Others
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the Automotive Sensors Market?
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- Which geographical area dominates the Automotive Sensors industry?
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