Automotive Sensor Market Share, Dynamics, Key players Analysis & Industry Forecast 2016-2024

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Global Automotive Sensors Market Outlook

Global Automotive Sensors Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024

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Global Automotive Sensors Market Outlook Global Automotive Sensors Market Share (%), By Region-2016-2024

Global Automotive Sensors Market Size USD (Billion). 2016-2024 XX XX

XX% CAGR: (2016-2024)

XX

XX

XX

XX

XX

XX

XX

XX

XX

Download Full Sample Repor Repor 6.86 t Download Full Sample 7.84 7.00 t % 7.00 34.31 % 36.0 % 2024 % % 28.43 28.0 2016 0% % 0% 22.0 22.55 0% %

XX

XX

XX XX

Asia Pacific

XX 2016e 2017e 2018f

2019f

Source: Goldstein Research

m a S 2020f

2021f

2022f

2023f

2024f

Passenger Cars accounted for the highest market share XX% in global Automotive

Latin America

Middle East and Africa

Global Automotive Sensors Market Global Automotive Sensors Market Share (%), By Applications -2016 Share(%), By Sensors Type-2016

XX%

19.23% 23.08%

XX%

Global Automotive Sensors Market Share (%), By Vehicle Type- 2016

10.00% 30.00%

XX%

XX%

Asia-Pacific

XX%

With share in 2016, dominated the global Automotive Sensors market

Sensors market

XX%

Europe

Source: Goldstein Research

In 2016,

XX%

e l p North America

30.77%

60.00%

26.92%

XX%

Temperature

Gas

Pressure

Motion

Others

LiDAR

Chassis

Powertrain

Body Electronics

Passenger Cars

Commercial vehicles

Safety & Security

Source: Goldstein Research

Copyright

MEMS

Source: Goldstein Research

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Others (Two wheelers)


Global Automotive Sensors Market Outlook  Tech companies like Apple and Alphabet, parent of Google, have now realized that they don’t need to build hardware to win the autonomy game. Their collective conclusion is that they will never beat the auto industry at making a car — the “body” — and instead should focus on what they do best: building revolutionary software platforms — the “mind” — this time in self-driving AI.

Emergence of Artificial Intelligence

Download Full Sample Repor  Huge tech companies are leveraging their software resources and experience to Download Full Sample Repor master machine learning so that their AI platform minds tcan not only sense the environment but also independently learn how to make moret intelligent decisions about vehicle operation. Any aspirations to compete head-tohead with the automakers in making an actual vehicle have fallen by the wayside.

e l p

• Intelligent mechanics can save fuel, reduce emissions, ease the flow of traffic, improve transportation and supply services. Moreover, the future of autonomous cars promises to save millions of lives by minimizing accidents caused by human error, making driving experience as safe as enjoyable.

m a S

• Legal and ethical problems are hard to solve because their clues are outside the direct influence of the automotive industry and largely depend on the local governments. On the other hand, autonomous driving technology is improving faster and faster as more OEMs and Tier 1 vendors join the race to create autonomous cars. • A few years ago, sensor quality and cost were the hot spot of every discussion about the driverless future as the potential niche for business investments. Google used a LIDAR system priced at around USD 75,000 per unit, which was half the total cost – around USD 150,000 – of each of their driverless vehicles. These prices made self-driving cars a dead weight for the global market because a single travel on a self-driving car was tended to cost impossible sum comparable to owning a private jet.

Global Automotive Sensors Market Size (USD Billion) Europe North America

2016

USD XX Billion

2024

USD XX Billion

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USD XX Billion

USD XX Billion

Technological Advancements

Emergence of Electric and Autonomous Vehicles

Growing R&D Investments

Asia-Pacific USD XX Billion

USD XX Billion

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Global Automotive Sensors Market Size (USD Billion) & Growth Analysis Global Automotive Sensors Market Size (USD Billion)-2016-2024 XX

Download Full Sample Repor t Download Full Sample Repor XX t XX

XX

XX

XX

XX XX

XX

XX 2016e

2017e

Source: Goldstein Research

XX

m a S

XX

XX

XX

2018f

2019f

2020f

e l p

XX

2021f

XX

2022f

2023f

2024f

Global Automotive Sensors Market

is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. The automotive sensor market remains an attractive and still-expanding market characterised by high production volumes together with high reliability and low cost. Existing sensors will continue to find new applications, building upon their historical track record of performance, and new sensors will emerge to improve system functionality. A typical top-of-the-range vehicle will comprise over 30 electrical/electronic systems and more than 100 sensors. Although some sensor applications have been dominated by one specific technology, e.g. accelerometers and silicon microengineering, a number of sensor technologies do co-exist and compete within a given application. The past few decades have witnessed the development and deployment of a range of sensing technologies that have both supported and enabled the introduction of advanced electronic systems. The environment for these sensors continues to be increasingly challenging with respect to robustness, reliability, quality and cost.

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Growth Drivers

Download Full Sample Repor Download Full Sample Repor t The traditional automakers are no longer simply working on adding self-parking and other driver-assistance t technologies to luxury cars. Perhaps concerned that they will become hardware manufacturers subservient to

Huge R&D Activities by Major Technology and Automotive Companies 

powerful operating systems providers, as we have seen play out in other industries, they are now preparing for a future of full autonomy. 

Some are signaling the seriousness of their intentions through high-profile personnel changes: For example, Jim Hackett, the former leader of Ford’s autonomous vehicle efforts, was recently named CEO of the automaker. Others are taking their intentions directly to investors and the public, such as when GM’s CEO Mary Barra recently told The New York Times, “We definitely want to be first” to develop a fully autonomous car. GM is now mass producing selfdriving Chevy Bolts to create the largest fleet of autonomous vehicles to date.

With the self-driving mind outsourced to a leading tech player, however, a wide range of auto OEMs will have to partner with the platform and produce competitive self-driving vehicle hardware. The potentially huge demand and range of uses for autonomous vehicles could support a wide range of producers of the bodies — again, similar to the range of PC and smartphone OEMs running Windows and Android, respectively.

Total autonomy-related U.S. patent filings, select tech players (2007-2016) XX

XX

XX

m a S XX XX

XX

XX XX

XX

XX

XX

XX

XX Aplhabet/Waymo

Uber

Impact Analysis:-

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

Tesla

GM

XX

Faraday Future

Source: Goldstein Research

 Of course, the race won’t be over once we get from 0 to 1. Instead, it will shift into the next gear as an even wider range of companies — including mobility-as-aservice firms like Uber — fight to make their model of autonomous mobility widespread. In other words, the journey from 1 to 100 will begin.

Copyright

XX

XX

XX

e l p

Total autonomy-related patent filings by OEM, 2007--2016

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i i r t a a n rd en ul lvo ush da yot m l e ssa nd Fo ag i i Vo na b un To w i N e a Ho s y R D lk H its Vo M

Source: Goldstein Research

High

Medium

Impact on Global Automotive Sensors Market

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Low


Market Restraints Technology and Cost Related Challenges To the Future Technologies  Relying on sensors, software, and GPS data, an autonomous vehicle processes nearly 4,000 gigabytes of data daily. Advanced machine learning algorithms need timely updated data to react to the ever-changing environment. A continuous exchange of data between vehicles and the cloud can overload data networks and data storage, creating additional challenges for software vendors.

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 Currently, map providers are putting every effort into reducing the volume of data transferred between a vehicle and the cloud by trying to maximize the amount of data processed within the vehicle itself. One proposed solution is a so-called “self-healing map” that would use on-board AI algorithms and deep learning capabilities to navigate without stepping too far to the cloud.

 Advanced V2V communication systems will make it much easier for autonomous vehicles to understand traffic behavior. Essentially, this is because vehicles will communicate in their own language among each other. Currently, a vehicle’s AI has to adapt to the human-made system of signs and signals to predict the movements of other human-driven vehicles.

m a S

Impact Analysis:Impact Analysis: As many as 50 start-ups are out to get costs way down, along with the research and development departments at automakers and auto industry suppliers, and Silicon Valley giants such as Google and Apple. Much of their focus is on the most expensive item in the computerized system that controls a robot car: laserbased sensors, or lidar.

e l p Impact on Global Automotive Sensors Market High

Medium

 Traditional auto suppliers such as Continental and Bosch are working on lidar systems. Some, such as Delphi (recently renamed Aptiv) and Magna, have struck partnerships with smaller lidar companies. Copyright

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Low


Global Automotive Sensors Market Outlook : 2016-2024

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Global Automotive Sensors Market Share (%), By Sensors Type, Full Sample Repor Temperature sensing and control t Download 2016-2024

t

Temperature XX%

XX%

XX%

8.00%

7.00% 11.00% 9.00%

Gas

XX%

are among the most important and well-established functions in automotive electronics. In automotive electronics they are found especially in climate control and powertrain applications.

e l p

By the end of 2018, spending on pressure sensors, motion sensors 2024 XX% 2016 Motion and MEMS will be USD XX Billion. Further, it is estimated that MEMS procurement of technologies will XX% 39.00% accelerate in the next 3 years from LiDAR USD XX billion to USD XX billion. At Others this pace, by 2024 the market share of temperate & gas sensors is Source: Goldstein Research estimated to reach XX%, with a Global Automotive Sensors Market Y-O-Y Growth, By Sensors Type, market size of USD XX billion by 2016-2024 2024. 12.00%

m a S XX%

XX%

XX%

XX%

2016e

2017e

2018f

14.00%

Pressure

XX%

2019f

XX%

XX%

XX%

XX%

2020f

2021f

2022f

2023f

Sensors integrated with electronics, communications and computer intelligence are poised for a growth surge. "Smart sensors" or "intelligent sensors" are integrated sensors with intelligence and will be used in conjunction with many other types of devices, achieving the ultimate goal of the creating the first true "smart cars."

XX%

2024f

Source: Goldstein Research

Global Automotive Sensors Market Size (USD Billion), By Sensors Type -2016-2024 XX

XX

XX XX

XX

XX

XX

XX

XX

XX

2016 Temperature

Gas

XX

XX

XX

2024 Pressure

Motion

MEMS

LiDAR

Others

Source: Goldstein Research

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XX


Global Automotive Sensors Market Attractiveness and BPS Analysis by Sensors Type, 2016-2024 Global Automotive Sensors Market Attractiveness-By Sensors Type, 2016-2024

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4.50% 4.00%

CAGR (%)

3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 0.0

0.2

Temperature

Gas

0.4

0.6

Pressure

Motion

e l p 0.8

Market Size (USD Billion)

MEMS

m a S

Source: Goldstein Research

1.0

1.2

Others

LiDAR

Water based adhesive segment holds the largest revenue share in the global Automotive Sensors market as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period. Automotive Sensors market is relying on the adoption of EHR (Electronic health record) software by various healthcare facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales.

Global Automotive Sensors Market BPS Analysis- By Sensors Type, 2016-2024 XX% XX% XX%

XX% XX%

XX%

LiDAR

MEMS

Motion

Pressure

Gas

Temperature

XX% XX%

XX% XX%

XX%

XX%

XX% XX% XX%

XX% XX% XX%

Source: Goldstein Research

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XX%

8.00%

9.00%

10.00%

11.00%

2016

2024

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North America Automotive Sensors Market Size (USD Billion) & Y-O-Y growth (%), By Region- 2016-2024 North America Automotive Sensors Market Size (USD Billion)-2016-2024

Download Full Sample Repor t Download Full Sample Repor t XX%

XX

XX%

XX

XX XX

XX

CAGR: (2016-2024) XX

XX

XX%

XX XX

XX

e l p XX% XX%

XX

XX%

XX XX

XX%

XX

XX

XX%

XX%

XX XX XX 2016e

2017e

Source: Goldstein Research

XX%

XX%

XX%

XX%

XX%

m a S 2018f

2019f

North America Automotive Sensors Market Size (USD Billions), By Country-2016-2024

2020f

2021f

XX%

XX%

XX%

XX% XX% XX%

2022f

2023f

North America Automotive Sensors Market Size (USD Billion), By Sensors Type -2016-2024

XX

XX%

XX

XX

XX% XX%

XX

XX

XX%

XX

XX

XX%

XX

XX%

XX

XX

XX XX

XX

XX

XX

XX

XX% 2016 Temperature Gas

XX% 2016

2024

US

Motion

2024 MEMS LiDAR

Others

Canada

Source: Goldstein Research

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Pressure

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XX XX


Global Automotive Sensors Market Outlook Robert Bosch GmbH (Company Overview & Business Strategy) Download

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Founded 1886

Employees 400,500

Company Overview  Robert Bosch GmbH is a world leading multinational engineering and electronics company headquartered in Gerlingen, near Stuttgart, Germany.  The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 92% owned by Robert Bosch Stiftung.  Bosch's core operating areas are spread across four business sectors; mobility solutions, consumer goods (including household appliances and power tools), industrial technology (including drive and control) and energy and building technology

Website

Headquarters Germany

www.bosch.com

Major Products & Services Mobility

At Home

e l p m a S

 Microsoft provides software solutions and operating systems to various entities  Microsoft is one of the emerging large scale industry in internet of things (IoT) with advanced support services

Industry and Trades

Connected Products and Services

Market Specific Solutions

Business Strategy

Acquisitions & Research and Development

Diversified offerings: The operating business deals in core products such as brakes, controls, electronics, electrical drives, starter motors & steering systems; fuel systems, generators, industrial products, such as drives and controls, packaging technology and consumer goods; and household appliances, power tools, security systems, thermotechnology and building products.

Strong Network of Associate companies: Co-creation of the offerings with the help of the associates in different countries is what helping the company in being Glo-cal while at the same time being competitively ahead of its competitors. It has 133,974 associates in Germany, 102680 in Europe (excluding Germany), 42627 in America and 110000 in Asia and other countries. It competes with companies such as Gabriel, Tyco, Pelco and many others on the basis of innovative solutions, reaches in the market, distribution network, quality of products, precision & price.

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Global Automotive Sensors Market Outlook

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