0
Upcoming Allied Market Research
2023
Automotive Position Sensors Market

Automotive Position Sensors Market

by Type (Angular, Rotary, Linear), by Vehicle Type (Passenger Car, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)) : Global Opportunity Analysis and Industry Forecast, 2022-2032

Report Code: A44477
Pages: NA
Apr 2023 | 50 Views
Author(s) : Sonia M
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 
A position sensor is a device that recognizes and produces signals from an object's movement away from its reference point. Automotive position sensors (APS) allow the engine control modules to recognize a component's position and respond to the sensor inputs. There are many types of APS, including rotary sensors, photoelectric sensors, linear sensors, and proximity sensors. The sensors have many advantages in autos, including monitoring machine tools, precise equipment positioning on stages, low power consumption, and high feature integration.
APS are already utilized globally, and it is anticipated that their steady expansion will continue. As a result of the increasing number of accidents on the road, new collision prevention technology is now being used by the whole sector. The market for APS market share is anticipated to increase owing to growing demand for automation and the development of in-car technologies drive growth in the automotive sensor industry.
 
The deployment of sensors to track various aspects of the car's operation is a key factor estimated to boost the market growth. Due to growing environmental and health concerns, strict emission restrictions have been implemented across several nations. The need for APS will increase due to the quick adoption of these emission rules. The demand for new cars that adhere to contemporary automotive technology is driving significant expansion in the automotive industry. Every market segment has distinctive characteristics, which is causing the automobile market to grow in popularity.
In addition, developing more sophisticated automobile technology has enabled businesses to incorporate position sensors, frequently utilized in advanced driver assistance systems (ADAS). The emergence of intelligent hall-effect position sensors has increased the APS market demand. Antilock braking systems have found extensive use for these APS. As more and more vehicles transition to autonomous driving, these APS are becoming more and more prevalent. Utilizing position sensors and AI assistants in cutting-edge devices has many advantages. 
Original equipment manufacturers (OEMs) now control the APS industry because the aftermarket for them is underdeveloped. Industrial sensors, for instance, are used in various industries, including manufacturing, home automation, and many more. Even if they serve a wide sector, aftermarket services help these sectors expand by promoting goods that customers demand. However, tier 1 suppliers or car manufacturers typically provide system requirements for automotive sensors. 
The onset and widespread of the pandemic severely impacted the market for APS, which led to a decline in demand. Major manufacturers closed their production facilities, disrupting the supply chain and probably impacting market expansion. When a vehicle is involved in a collision, airbag systems use pressure sensors to trigger the airbags and protect the driver and passengers. OEMs and racing teams frequently employ pressure sensors in onboard diagnostic and test equipment for vehicles. Depending on the application, pressure sensors are digitally strengthened to measure the absolute pressure ranges. The demand for and use of these sensors will grow rapidly over the projected period due to the quick increase in the integration of safety systems in automobiles, particularly in North America and Europe.
Miniaturization and enhanced communication capabilities,  enable the integration of these sensors into vehicles without interfering with the essential functionality of the vehicle, are the primary developments driving the global market for automotive sensors. In addition, the cost of vehicle sensors, particularly light detection and ranging (LiDAR) sensors, is prohibitive for the average consumer, negatively impacting the market growth. Because rare earth metals are needed to make them, LIDAR sensors are far more expensive than radar sensors used in A.V.s. The equipment required for autonomous driving can cost well over $10,000, despite the highest LIDAR sensor utilized by Google and Uber having a price tag of up to $80,000. Snow and fog may cover LIDAR sensors, making it harder for them to detect anything on the road. 
The abrupt COVID-19 pandemic outbreak negatively impacted the market for APS in early 2020. Several automobile position sensor production facilities have been temporarily shut down due to unsustainable requirements. Businesses need to regularly monitor disruptions to the supply chain, which is a very another issue.
 
New product launches to flourish the market
Allegro MicroSystems has purchased Voxtel, Inc., a privately held company focusing in advanced photonic and 3D imaging technology, including long-range, eye-safe LiDAR, in August 2020. Allegro's automotive leadership and scalability will be paired with Voxtel's laser and imaging capabilities to allow the next generation of ADAS. 
In October, 2020, Delphi Technologies has been fully acquired, according to BorgWarner Inc. When BorgWarner and Delphi Technologies combine, it is anticipated that BorgWarner's electronics and power electronics products, capabilities, and scale will be strengthened. This will result in the creation of a leader in electrified propulsion systems that BorgWarner believes is well-positioned to benefit from the propulsion transition that will occur in the future. 
The Kaschke Group, which has its headquarters in Göttingen, Germany, has many companies that make up the group. Bourns, Inc. announced that its recently established subsidiary has bought all of the shares and interests of those companies. The transaction's terms weren't made public in February, 2021.
Segment Overview: 
    
By type: An angular position sensor is employed anywhere a rotational movement is sensed within the vehicle. Examples include measuring the vehicle's level, adjusting the headlights, and measuring the steering angle or the throttle position. The mechanical potentiometer, which measured the resistance value via friction contacts, was mostly employed in the past. However, the noncontact and wear-free induction measurement method has become the preferred technique.
By vehicle type: Due to the implementation of strict rules regulating the installation of APS in vehicles, the demand for installation in passenger cars is anticipated to increase quickly. The engine control unit receives inputs from passenger sensors to regulate spark timing and accurate fuel supply, monitor temperature changes, aid the vehicle by regulating coolant and oxygen emission rates, and monitor mass airflow. 
According to information from a trade organization, the Society of Indian Automobile Manufacturers, India's wholesale sales of passenger vehicles increased by 28% in November over the same month last year. The high demand for both cars and utility vehicles can be observed in the increase in sales of passenger vehicles, which totaled 276,231 units this year compared to 215,626 units in November 2021. On a year-over-year basis, sales of both passenger cars and utility vehicles climbed by 32% and 29%, respectively.
By region: During the anticipated period, Asia-Pacific accounted for a sizable portion of the market's revenue. Demand for vehicle sensors is projected to expand as car sales rise throughout the region. The market is expanding due to the rising demand for electric vehicles in the area. Manufacturing is heavily concentrated in China, India, and Japan, opening new opportunities for market expansion. Due to rising urbanization and stable economic conditions, automotive production in developing economies is expanding more quickly than in developed ones. Automobile manufacturers are adding additional sensors to low-cost automobiles due to rising consumer safety concerns in the expanding economies of India and the ASEAN nations. 
Competitive analysis and profiles of the major APS players include Analog Devices, Inc., Bosch Sensortec GmbH, BorgWarner Inc., Bourns, Inc., Broadcom, Continental AG, CTS, Infineon Technologies AG, and NXP Semiconductors., provided in this report. For instance, Allegro Microsystems, LLC introduced the A33230 3D sine/cosine hall-effect position sensor IC in January 2022. It is the global smallest 3D sine/cosine sensor, giving system designers a reasonably priced choice for use in automotive and industrial applications. 

Automotive Position Sensors Market Report Highlights

Aspects Details
By Type
  • Angular
  • Rotary
  • Linear
By Vehicle Type
  • Passenger Car
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players Analog Devices Inc., Avago Technologies (Broadcom Inc), NXP Semiconductors, Continental Corporation, Infineon Technologies, CTS Corporation, Bosch Sensortec GMBH, Delphi Automotive, TRW Automotive INC, Bourns Inc
 

Loading Table Of Content...


 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Automotive Position Sensors Market

Start reading.
This Report and over 19,981+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,570
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,730
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,600
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers