The global autonomous vehicle sensor market is expected to register a CAGR of 47.40% over the forecast period of 2018-2026.
On account of an upsurge in
the number of vehicle commuters and continuous technological advancements in
the field of autonomous vehicles, the global autonomous vehicle sensor market
is expected to register a CAGR of 47.40% over the forecast period of 2018-2026.
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MARKET
INSIGHTS
The global autonomous vehicle sensor market is
segmented on the basis of component, application, and sensor type. The
component segment of the market includes inductive, magnetic, capacitive, piezoelectric
and optical components. The market finds its application in engine, chassis, fuel injection and emission,
safety and control, powertrain,
telematics, vehicle security and other applications. The sensor type segment includes digitally
controlled brake, throttle, steering sensor; camera module sensor, global positioning system (GPS) receiver, light detection and ranging (LIDAR)
sensors, inertial measurement unit
(IMU) sensor, radio detection and
ranging (RADAR) sensors, wheel
encoder and ultrasonic sensors.
REGIONAL
INSIGHTS
The regional segmentation of
the market is done into Europe, Asia-Pacific, North America and
rest of world. North America autonomous vehicle sensor market is expected to be a dominant market throughout the
forecast period. Government support and considerable investments for research
are propelling the market ahead. Also, the AsiaPacific autonomous vehicle sensor market is expected to register the highest
CAGR over the forecast period. Major contribution is expected from countries like India, China, South Korea and
Japan.
COMPETITIVE
INSIGHTS
Continental
Ag, Denso Corporation,First Sensor Ag, Delphi Automotive Plc (Aptive Plc),
Velodyne Lidar, Robert Bosch Gmbh, Nxp Semiconductors, Quanergy Systems Inc,
Texas Instruments Incorporated, Murata Manufacturing Co Ltd, Trilumina
Corporation, Asahi Kasei Microdevices Corporation, Infineon Technologies,
Brigade Electronics and Leddar Tech Inc are some of the key players in this
market.
On the basis of geography, the global autonomous vehicle sensor market has been segmented into four major regions:
Autonomous Vehicle Sensor North America Market: United States & Canada.
Autonomous Vehicle Sensor Europe Market: United Kingdom, France, Germany, Spain, Italy, & Rest of Europe.
Autonomous Vehicle Sensor Asia Pacific Market: China, Japan, South Korea, India, Australia & Rest of Asia Pacific.

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