Product Code: 5323
The electric vehicle sensor market is poised to witness substantial growth over the forecast period. This is credited to the growing demand for automated transmission in passenger vehicles, which has increased the procurement of electric vehicle sensors.
Key players in the automotive sector are investing to expand the EV manufacturing ecosystem to gain a competitive advantage in the EV sensor industry.
For instance, in May 2022, Hyundai Motor Group inked an agreement with the State of Georgia for the construction of its first dedicated battery and full EV facilities in the United States. This investment decision was part of the firm's broader objective of broadening its presence in the U.S. electric mobility domain. Developments such as these may add impetus to EV sensor market expansion over the forecast spell.
Additionally, battery management systems are being increasingly integrated with temperature sensors and current sensors to measure and monitor voltage, battery charge, and pack temperature, driving industry growth. The electric vehicle sensor market is bifurcated in terms of product, vehicle type, application, and region.
With respect to product, the industry is segmented into speed, pressure, radar, lidar, current sensor, positions, temperature, image, and others. Of these, the speed sensor segment is anticipated to reach more than 300 units by 2030.
Advancements in vehicle technology for passenger safety systems and automated driving are expected to promote the adoption of speed sensors. These EV sensors are integrated to transmit data to the systems that control the rotary speeds of wheels, crankshafts, and motors.
Furthermore, the other sensors segment is anticipated to reach over USD 500 million by 2030. Heart rate monitoring, blood pressure monitoring, allergen/pollen monitoring, and driver-drowsiness detection are some of the key functionalities propelling industry growth from this segment.
In terms of vehicle type, the market is bifurcated into commercial vehicles and passenger cars. The commercial vehicle segment was valued at more than USD 1 billion in 2021, driven by the growing demand for safe operation and transportation.
Based on application, the electric vehicle sensor industry is segmented into FCEV, PHEV, BEV, and HEV. The PHEV segment registered a valuation of more than USD 1 billion in 2021. Growing concerns associated with climate change, and air quality in urban areas are anticipated to bolster the adoption of plug-in electric vehicles (PHEV). These vehicles, which are recharged using external electrical sources such as wall sockets, demonstrate strong potential to mitigate harmful emissions and fuel consumption for better population health.
Regionally, the Middle East & Africa EV sensor market is expected to reach more than 100 units by 2030. This growth can be accredited to increased government initiatives to attain green mobility by 2030.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Scope and definition
- 1.2 Methodology & forecast parameters
- 1.3 COVID-19 impact
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 MEA
- 1.4 Data Sources
- 1.4.1 Secondary
- 1.4.1.1 Paid sources
- 1.4.1.2 Public sources
- 1.4.2 Primary
- 1.5 Industry Glossary
Chapter 2 Executive Summary
- 2.1 Electric vehicle sensor industry 360 degree snapshots, 2018-2030
- 2.2 Business trends
- 2.3 Regional trends
- 2.4 Product trends
- 2.5 Vehicle type trends
- 2.6 Application trends
Chapter 3 Electric Vehicle Sensor Industry Insights
- 3.1 Introduction
- 3.2 COVID-19 impact
- 3.2.1 Impact by region
- 3.2.1.1 North America
- 3.2.1.2 Europe
- 3.2.1.3 Asia Pacific
- 3.2.1.4 Latin America
- 3.2.1.5 MEA
- 3.2.2 Impact by value chain
- 3.2.2.1 Research & development
- 3.2.2.2 Manufacturing
- 3.2.2.3 Marketing
- 3.2.2.4 Supply
- 3.2.3 Impact by competitive landscape
- 3.2.3.1 Strategy
- 3.2.3.2 Distribution network
- 3.2.3.3 Business growth
- 3.3 Russia-Ukraine war impact
- 3.4 Electric vehicle sensor industry ecosystem analysis
- 3.4.1 Component suppliers
- 3.4.2 Manufacturers
- 3.4.3 End use Landscape
- 3.4.4 Distribution channel analysis
- 3.4.5 Vendor matrix
- 3.5 Technology & innovation landscape
- 3.5.1 Coreless current sensors
- 3.5.2 Packaging trend in lidar sensor
- 3.5.3 Capacitive technology in humidity sensors
- 3.6 Regulatory landscape
- 3.6.1 International
- 3.6.2 North America
- 3.6.3 Europe
- 3.6.4 Asia Pacific
- 3.6.5 Latin America
- 3.6.6 MEA
- 3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 Rising government regulations and initiatives in North America and Europe
- 3.7.1.2 Increasing demand for hybrid and electrical vehicles globally
- 3.7.1.3 Growing innovation in ADAS systems for EVs
- 3.7.1.4 Proliferation of EV component manufacturers in Asia Pacific
- 3.7.1.5 Growing awareness towards sustainable mobility
- 3.7.2 Industry pitfalls & challenges
- 3.7.2.1 High cost associated with LiDAR sensors
- 3.8 Investment portfolio
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Threat of new entrant
- 3.10.2 Bargaining power of supplier
- 3.10.3 Bargaining power of buyer
- 3.10.4 Threat of substitution
- 3.10.5 Competitive rivalry
- 3.11 PESTEL analysis
- 3.11.1 Political
- 3.11.2 Economical
- 3.11.3 Social
- 3.11.4 Technological
- 3.11.5 Legal
- 3.11.6 Environmental
Chapter 4 Competitive Landscape, 2021
- 4.1 Introduction
- 4.2 Market share analysis, 2021
- 4.3 Completive analysis of key market players, 2021
- 4.3.1 Continental AG
- 4.3.2 DENSO CORPORATION.
- 4.3.3 Robert Bosch GmbH.
- 4.3.4 ZF Friedrichshafen AG
- 4.3.5 Sensata Technologies
- 4.4 Completive analysis of innovative players, 2021
- 4.4.1 VALEO
- 4.4.2 Amphenol Corporation
- 4.4.3 Renesas Electronics Corporation.
- 4.4.4 NXP Semiconductors NV
- 4.4.5 Melexis
- 4.5 Vendor adoption matrix
Chapter 5 Electric Vehicle Sensor Market, By Product
- 5.1 Key trends, by product
- 5.2 Current Sensor
- 5.2.1 Market estimates and forecast, 2018 - 2030
- 5.3 Temperature
- 5.3.1 Market estimates and forecast, 2018 - 2030
- 5.4 Positions
- 5.4.1 Market estimates and forecast, 2018 - 2030
- 5.5 Pressure
- 5.5.1 Market estimates and forecast, 2018 - 2030
- 5.6 Speed
- 5.6.1 Market estimates and forecast, 2018 - 2030
- 5.7 Lidar
- 5.7.1 Market estimates and forecast, 2018 - 2030
- 5.8 Radar
- 5.8.1 Market estimates and forecast, 2018 - 2030
- 5.9 Image
- 5.9.1 Market estimates and forecast, 2018 - 2030
- 5.10 Others
- 5.10.1 Market estimates and forecast, 2018 - 2030
Chapter 6 Electric Vehicle Sensor Market, by Vehicle Type
- 6.1 Key trends, by vehicle type
- 6.2 Passenger cars
- 6.2.1 Market estimates and forecast, 2018 - 2030
- 6.3 Commercial vehicles
- 6.3.1 Market estimates and forecast, 2018 - 2030
Chapter 7 Electric Vehicle Sensor Market, By Application
- 7.1 Key trends, by application
- 7.2 Battery Electric Vehicles (BEV)
- 7.2.1 Market estimates and forecast, 2018 - 2030
- 7.3 Hybrid Electric Vehicles (HEV)
- 7.3.1 Market estimates and forecast, 2018 - 2030
- 7.4 Plug-in Hybrid Electric Vehicles (PHEV)
- 7.4.1 Market estimates and forecast, 2018 - 2030
- 7.5 Fuel Cell Electric Vehicles (FCEV)
- 7.5.1 Market estimates and forecast, 2018 - 2030
Chapter 8 Electric Vehicle Sensor Market, By Region
- 8.1 Key trends, by region
- 8.2 North America
- 8.2.1 Market estimates and forecast, 2018 - 2030
- 8.2.2 Market estimates and forecast, by product, 2018 - 2030
- 8.2.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.2.4 Market estimates and forecast, by application, 2018 - 2030
- 8.2.5 U.S.
- 8.2.5.1 Market estimates and forecast, 2018 - 2030
- 8.2.5.2 Market estimates and forecast, by product, 2018 - 2030
- 8.2.5.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.2.5.4 Market estimates and forecast, by application, 2018 - 2030
- 8.2.6 Canada
- 8.2.6.1 Market estimates and forecast, 2018 - 2030
- 8.2.6.2 Market estimates and forecast, by product, 2018 - 2030
- 8.2.6.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.2.6.4 Market estimates and forecast, by application, 2018 - 2030
- 8.3 Europe
- 8.3.1 Market estimates and forecast, 2018 - 2030
- 8.3.2 Market estimates and forecast, by product, 2018 - 2030
- 8.3.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.3.4 Market estimates and forecast, by application, 2018 - 2030
- 8.3.5 UK
- 8.3.5.1 Market estimates and forecast, 2018 - 2030
- 8.3.5.2 Market estimates and forecast, by product, 2018 - 2030
- 8.3.5.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.3.5.4 Market estimates and forecast, by application, 2018 - 2030
- 8.3.6 Germany
- 8.3.6.1 Market estimates and forecast, 2018 - 2030
- 8.3.6.2 Market estimates and forecast, by product, 2018 - 2030
- 8.3.6.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.3.6.4 Market estimates and forecast, by application, 2018 - 2030
- 8.3.7 France
- 8.3.7.1 Market estimates and forecast, 2018 - 2030
- 8.3.7.2 Market estimates and forecast, by product, 2018 - 2030
- 8.3.7.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.3.7.4 Market estimates and forecast, by application, 2018 - 2030
- 8.3.8 Italy
- 8.3.8.1 Market estimates and forecast, 2018 - 2030
- 8.3.8.2 Market estimates and forecast, by product, 2018 - 2030
- 8.3.8.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.3.8.4 Market estimates and forecast, by application, 2018 - 2030
- 8.3.9 Spain
- 8.3.9.1 Market estimates and forecast, 2018 - 2030
- 8.3.9.2 Market estimates and forecast, by product, 2018 - 2030
- 8.3.9.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.3.9.4 Market estimates and forecast, by application, 2018 - 2030
- 8.3.10 Russia
- 8.3.10.1 Market estimates and forecast, 2018 - 2030
- 8.3.10.2 Market estimates and forecast, by product, 2018 - 2030
- 8.3.10.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.3.10.4 Market estimates and forecast, by application, 2018 - 2030
- 8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2018 - 2030
- 8.4.2 Market estimates and forecast, by product, 2018 - 2030
- 8.4.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.4.4 Market estimates and forecast, by application, 2018 - 2030
- 8.4.5 China
- 8.4.5.1 Market estimates and forecast, 2018 - 2030
- 8.4.5.2 Market estimates and forecast, by product, 2018 - 2030
- 8.4.5.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.4.5.4 Market estimates and forecast, by application, 2018 - 2030
- 8.4.6 India
- 8.4.6.1 Market estimates and forecast, 2018 - 2030
- 8.4.6.2 Market estimates and forecast, by product, 2018 - 2030
- 8.4.6.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.4.6.4 Market estimates and forecast, by application, 2018 - 2030
- 8.4.7 Japan
- 8.4.7.1 Market estimates and forecast, 2018 - 2030
- 8.4.7.2 Market estimates and forecast, by product, 2018 - 2030
- 8.4.7.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.4.7.4 Market estimates and forecast, by application, 2018 - 2030
- 8.4.8 South Korea
- 8.4.8.1 Market estimates and forecast, 2018 - 2030
- 8.4.8.2 Market estimates and forecast, by product, 2018 - 2030
- 8.4.8.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.4.8.4 Market estimates and forecast, by application, 2018 - 2030
- 8.4.9 Taiwan
- 8.4.9.1 Market estimates and forecast, 2018 - 2030
- 8.4.9.2 Market estimates and forecast, by product, 2018 - 2030
- 8.4.9.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.4.9.4 Market estimates and forecast, by application, 2018 - 2030
- 8.5 Latin America
- 8.5.1 Market estimates and forecast, 2018 - 2030
- 8.5.2 Market estimates and forecast, by product, 2018 - 2030
- 8.5.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.5.4 Market estimates and forecast, by application, 2018 - 2030
- 8.5.5 Brazil
- 8.5.5.1 Market estimates and forecast, 2018 - 2030
- 8.5.5.2 Market estimates and forecast, by product, 2018 - 2030
- 8.5.5.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.5.5.4 Market estimates and forecast, by application, 2018 - 2030
- 8.5.6 Mexico
- 8.5.6.1 Market estimates and forecast, 2018 - 2030
- 8.5.6.2 Market estimates and forecast, by product, 2018 - 2030
- 8.5.6.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.5.6.4 Market estimates and forecast, by application, 2018 - 2030
- 8.6 MEA
- 8.6.1 Market estimates and forecast, 2018 - 2030
- 8.6.2 Market estimates and forecast, by product, 2018 - 2030
- 8.6.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.6.4 Market estimates and forecast, by application, 2018 - 2030
- 8.6.5 South Africa
- 8.6.5.1 Market estimates and forecast, 2018 - 2030
- 8.6.5.2 Market estimates and forecast, by product, 2018 - 2030
- 8.6.5.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.6.5.4 Market estimates and forecast, by application, 2018 - 2030
- 8.6.6 GCC
- 8.6.6.1 Market estimates and forecast, 2018 - 2030
- 8.6.6.2 Market estimates and forecast, by product, 2018 - 2030
- 8.6.6.3 Market estimates and forecast, by vehicle type, 2018 - 2030
- 8.6.6.4 Market estimates and forecast, by application, 2018 - 2030
Chapter 9 Company Profiles
- 9.1 Allegro MicroSystems, Inc.
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
- 9.2 Amphenol Corporation
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
- 9.3 ams-OSRAM AG
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
- 9.4 Analog Devices, Inc.
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
- 9.5 Bourns, Inc.
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
- 9.6 Continental AG
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
- 9.7 CTS Corporation
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
- 9.8 DENSO CORPORATION.
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
- 9.9 Infineon Technologies AG
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
- 9.10 Kohshin Electric Corporation
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
- 9.11 KYOCERA AVX Components (Werne) GmbH
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
- 9.12 LEM International SA
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
- 9.13 Littelfuse, Inc.
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis
- 9.14 Melexis
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Strategic Outlook
- 9.14.5 SWOT Analysis
- 9.15 NXP Semiconductors NV
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Strategic Outlook
- 9.15.5 SWOT Analysis
- 9.16 Renesas Electronics Corporation.
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Strategic Outlook
- 9.16.5 SWOT Analysis
- 9.17 Robert Bosch GmbH.
- 9.17.1 Business Overview
- 9.17.2 Financial Data
- 9.17.3 Product Landscape
- 9.17.4 Strategic Outlook
- 9.17.5 SWOT Analysis
- 9.18 Sensata Technologies
- 9.18.1 Business Overview
- 9.18.2 Financial Data
- 9.18.3 Product Landscape
- 9.18.4 Strategic Outlook
- 9.18.5 SWOT Analysis
- 9.19 STMicroelectronics
- 9.19.1 Business Overview
- 9.19.2 Financial Data
- 9.19.3 Product Landscape
- 9.19.4 Strategic Outlook
- 9.19.5 SWOT Analysis
- 9.20 TE Connectivity
- 9.20.1 Business Overview
- 9.20.2 Financial Data
- 9.20.3 Product Landscape
- 9.20.4 Strategic Outlook
- 9.20.5 SWOT Analysis
- 9.21 Texas Instruments Incorporated
- 9.21.1 Business Overview
- 9.21.2 Financial Data
- 9.21.3 Product Landscape
- 9.21.4 Strategic Outlook
- 9.21.5 SWOT Analysis
- 9.22 VALEO
- 9.22.1 Business Overview
- 9.22.2 Financial Data
- 9.22.3 Product Landscape
- 9.22.4 Strategic Outlook
- 9.22.5 SWOT Analysis
- 9.23 Vishay Intertechnology, Inc
- 9.23.1 Business Overview
- 9.23.2 Financial Data
- 9.23.3 Product Landscape
- 9.23.4 Strategic Outlook
- 9.23.5 SWOT Analysis
- 9.24 ZF Friedrichshafen AG
- 9.24.1 Business Overview
- 9.24.2 Financial Data
- 9.24.3 Product Landscape
- 9.24.4 Strategic Outlook
- 9.24.5 SWOT Analysis