Asia Pacific Automotive Sensors Market to 2027 - Regional Analysis and Forecasts by Type (LED, Image Sensors, Position Sensors, Temperature Sensors, Pressure Sensors, MEMS, Others); Application (Chassis, Safety & Security, Body Electronics, Powertrain, ADAS, Others); Vehicle Type (LCV, HCV, Passenger Car)
Publication Month: May 2019
Report Code: TIPRE00005046 No. of Pages: 177 Category: Automotive and Transportation Status: Published
The Asia Pacific automotive sensors market accounted for US$ 4.03 Bn in 2018 and is expected to grow at a CAGR of 10.1% over the forecast period 2019-2027, to account for US$ 9.52 Bn in 2027.
The automotive industry is constantly facing pressures to integrate their vehicles with advanced electronics and semiconductor components to enhance the performance of the vehicles. The rising drift of electrification of vehicles is a significant factor in boosting the sensors market in the automotive industry. Attributing to this, the automobile manufacturers are increasingly partnering with sensors manufacturers to meet the demands of their customers. For instance, in January 2018, Audi AG partnered with ON Semiconductor, to foster On Semiconductor's innovations and integrate their semiconductors on their newer models, thereby satisfying constantly changing expectations of the consumers in terms of safety, reliability, and performance. Similarly, On Semiconductor has been chosen by Mercedes EQ Formula E Team to develop next-gen electric power for enhancing efficiency and performance. The primary catalyst for the growth of semiconductors in the automotive industry is attributed to the continued partnerships between automotive manufacturers and semiconductor manufacturers.
The automakers are observing substantial demand for smart devices in their vehicles. This has led the automobile manufacturers to continuously focus on innovating, designing, and developing connected cars which have already attracted a fair percentage of customers in major automotive manufacturing countries. Pertaining to the consumers' demand and attraction toward connected cars, semiconductors are expected to become an integral part of the innovations in the automotive industry in the coming years. The growth trajectory of connected cars is largely anticipated to depend upon several parameters such as technological improvements, consumer preference to adopt connected cars, pricing as well as the ability of the suppliers and OEMs to address the critical concerns related to the safety of the vehicles. Attributing to these parameters, both the industry players, i.e., automotive and sensors industry are continually focusing on improving technologies, negotiating prices of raw materials, and finally integrating the cars with robust technologies.
China is anticipated to lead the Asia Pacific automotive sensors market across the Asia Pacific region through the forecast period. China is an important automobile market in the Asia Pacific. Further, the country occupies the lion's share in the Asia Pacific automotive sensors market. This is attributable to increasing adoption of the safety features in vehicles and growth in infotainment applications, including navigation, among others. Further, ADAS systems have become popular in the country, and features including parking assist, adaptive cruise control, lane-departure warning, forward collision warning, and blind-spot detection are supplementing the growth of the market prominently. Among these, the parking assist feature is notably popular in the country owing to parking and space issues in the megacities of the country. The lower prices of systems have further helped in pushing the rate of adoption of advanced sensors and semiconductor products in China. The figure given below highlights the revenue share of South Korea in the Asia Pacific automotive sensors market in the forecast period:
ASIA PACIFIC AUTOMOTIVE SENSORS - MARKET SEGMENTATION
Asia Pacific Automotive Sensors Market By Type
Asia Pacific Automotive Sensors Market By Application
Asia Pacific Automotive Sensors Market By Vehicle Type
Asia Pacific Automotive Sensors Market By Country
Companies Mentioned
The automotive industry is constantly facing pressures to integrate their vehicles with advanced electronics and semiconductor components to enhance the performance of the vehicles. The rising drift of electrification of vehicles is a significant factor in boosting the sensors market in the automotive industry. Attributing to this, the automobile manufacturers are increasingly partnering with sensors manufacturers to meet the demands of their customers. For instance, in January 2018, Audi AG partnered with ON Semiconductor, to foster On Semiconductor's innovations and integrate their semiconductors on their newer models, thereby satisfying constantly changing expectations of the consumers in terms of safety, reliability, and performance. Similarly, On Semiconductor has been chosen by Mercedes EQ Formula E Team to develop next-gen electric power for enhancing efficiency and performance. The primary catalyst for the growth of semiconductors in the automotive industry is attributed to the continued partnerships between automotive manufacturers and semiconductor manufacturers.
The automakers are observing substantial demand for smart devices in their vehicles. This has led the automobile manufacturers to continuously focus on innovating, designing, and developing connected cars which have already attracted a fair percentage of customers in major automotive manufacturing countries. Pertaining to the consumers' demand and attraction toward connected cars, semiconductors are expected to become an integral part of the innovations in the automotive industry in the coming years. The growth trajectory of connected cars is largely anticipated to depend upon several parameters such as technological improvements, consumer preference to adopt connected cars, pricing as well as the ability of the suppliers and OEMs to address the critical concerns related to the safety of the vehicles. Attributing to these parameters, both the industry players, i.e., automotive and sensors industry are continually focusing on improving technologies, negotiating prices of raw materials, and finally integrating the cars with robust technologies.
China is anticipated to lead the Asia Pacific automotive sensors market across the Asia Pacific region through the forecast period. China is an important automobile market in the Asia Pacific. Further, the country occupies the lion's share in the Asia Pacific automotive sensors market. This is attributable to increasing adoption of the safety features in vehicles and growth in infotainment applications, including navigation, among others. Further, ADAS systems have become popular in the country, and features including parking assist, adaptive cruise control, lane-departure warning, forward collision warning, and blind-spot detection are supplementing the growth of the market prominently. Among these, the parking assist feature is notably popular in the country owing to parking and space issues in the megacities of the country. The lower prices of systems have further helped in pushing the rate of adoption of advanced sensors and semiconductor products in China. The figure given below highlights the revenue share of South Korea in the Asia Pacific automotive sensors market in the forecast period:
Exhibit: South Korea in Asia Pacific Automotive sensors Market Revenue and Forecasts to 2027 (US$ Mn)
ASIA PACIFIC AUTOMOTIVE SENSORS - MARKET SEGMENTATION
Asia Pacific Automotive Sensors Market By Type
• LED
• Image Sensor
• Position Sensor
• Temperature Sensor
• Pressure Sensor
• MEMS
• Others
Asia Pacific Automotive Sensors Market By Application
• Chassis
• Safety & Security
• Body Electronics
• Powertrain
• ADAS
• Others
Asia Pacific Automotive Sensors Market By Vehicle Type
• LCV
• HCV
• Passenger Car
Asia Pacific Automotive Sensors Market By Country
• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC
Companies Mentioned
• Analog Devices Inc.
• Continental AG
• DELPHI TECHNOLOGIES PLC
• Denso Corporation
• Infineon Technologies
• Melexis
• NXP Semiconductors NV
• ON Semiconductors
• Robert Bosch GmbH
• Texas Instruments Incorporated
PART 1. iNTRODUCTION
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
PART 2. Key takeaways
PART 3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
PART 4. Asia Pacific Automotive Sensors market Landscape
4.1 market overview
4.2 Market segmentation
4.2.1 Asia Pacific Automotive Sensor Market – By Type
4.2.2 Asia Pacific Automotive Sensors Market – By Application
4.2.3 Asia Pacific Automotive Sensors Market – By Vehicle Type
4.2.4 Asia Pacific Automotive Sensors Market – By Country
4.3 pest analysis
4.3.1 Asia Pacific – PEST Analysis
4.4 Ecosystem Analysis
PART 5. Asia Pacific AUTOMOTIVE Sensors market – key industry dynamics
5.1 key market drivers
5.1.1 Growing Strategic Alliances between Automotive Manufacturers and Sensor Manufacturers
5.2 Key market restraints
5.2.1 Integration of Advanced Sensor Technologies Significantly Rises the Cost of the Vehicles
5.3 key market opportunities
5.3.1 Increasing Manufacturing of Electronic Vehicles is Increasing the Consumption Rate of Advanced Sensors Among the Vehicle Manufacturers
5.4 Future trends
5.4.1 Acceleration in Connected Car Production is Expected to Create Lucrative Opportunities for Automotive Sensor Manufacturers to Boost their Business
5.5 impact analysis of Drivers and restraints
PART 6. Asia pacific automotive Sensors –market analysis
6.1 Asia pacific automotive Sensors Market Overview
6.2 Asia Pacific automotive Sensors Market Forecast and Analysis
PART 7. Asia Pacific Automotive Sensors market revenue and FORECASTS TO 2027– Types
7.1 Overview
7.2 Asia Pacific Automotive Sensors Market Breakdown, By Types, 2017 & 2027
7.3 LED Market
7.3.1 Overview
7.3.2 LED Market Forecast and Analysis
7.4 Image Sensor Market
7.4.1 Overview
7.4.2 Image Sensor Market Forecast and Analysis
7.5 Position Sensor Market
7.5.1 Overview
7.5.2 Position Sensor Market Forecast and Analysis
7.6 Temperature Sensor Market
7.6.1 Overview
7.6.2 Temperature Sensor Market Forecast and Analysis
7.7 Pressure Sensor Market
7.7.1 Overview
7.7.2 Pressure Sensor Market Forecast and Analysis
7.8 MEMS Market
7.8.1 Overview
7.8.2 MEMS Sensors Market Forecast and Analysis
7.9 Other Sensors Market
7.9.1 Overview
7.9.2 Other Sensors Market Forecast and Analysis
PART 8. Asia Pacific Automotive SENSORS market revenue and forecasts to 2027 – Application
8.1 Overview
8.2 Asia Pacific Automotive Sensors Market Breakdown, By application, 2017 & 2027
8.3 Advanced driver assistance systems market
8.3.1 Overview
8.3.2 Advanced Driver Assistance Systems Market Forecasts and Analysis
8.4 Body Electronics market
8.4.1 Overview
8.4.2 Body Electronics Market Forecasts and Analysis
8.5 powertrain market
8.5.1 Overview
8.5.2 Powertrain Market Forecasts and Analysis
8.6 Safety & Security System market
8.6.1 Overview
8.6.2 Safety & Security System Market Forecasts and Analysis
8.7 Chassis market
8.7.1 Overview
8.7.2 Chassis Market Forecasts and Analysis
8.8 Others market
8.8.1 Overview
8.8.2 Others Market Forecasts and Analysis
PART 9. Asia Pacific Automotive Sensors market revenue and forecasts to 2027 – vehicle type
9.1 Overview
9.2 Asia Pacific Automotive sensors Market Breakdown, By vehicle type, 2017 & 2027
9.3 pASSENGER Cars market
9.3.1 Overview
9.3.2 Passenger Cars Market Forecasts and Analysis
9.4 lightweight commercial vehicle (LCV) market
9.4.1 Overview
9.4.2 Lightweight Commercial Vehicle (LCV) Market Forecasts and Analysis
9.5 heavyweight commercial vehicle (HCV) market
9.5.1 Overview
9.5.2 Heavyweight Commercial Vehicle (HCV) Market Forecasts and Analysis
PART 10. Asia Pacafic automotive Sensors market –Analysis
10.1 Overview
10.1.1 Asia Pacific Automotive Sensor Market Breakdown by Key Countries
10.1.1.1 Australia Automotive Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.1.1 Australia Automotive Sensors Market Breakdown by Type
10.1.1.1.2 Australia Automotive Sensors Market Breakdown by Application
10.1.1.1.3 Australia Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.2 China Automotive Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.2.1 China Automotive Sensors Market Breakdown by Type
10.1.1.2.2 China Automotive Sensors Market Breakdown by Application
10.1.1.2.3 China Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.3 India Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 India Automotive Sensors Market Breakdown by Type
10.1.1.3.2 India Automotive Sensors Market Breakdown by Application
10.1.1.3.3 India Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.4 Japan Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.4.1 Japan Automotive Sensors Market Breakdown by Type
10.1.1.4.2 Japan Automotive Sensors Market Breakdown by Application
10.1.1.4.3 Japan Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.5 South Korea Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.5.1 South Korea Automotive Sensors Market Breakdown by Type
10.1.1.5.2 South Korea Automotive Sensors Market Breakdown by Application
10.1.1.5.3 South Korea Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.6 Rest of Asia Pacific Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.6.1 Rest of Asia Pacific Automotive Sensors Market Breakdown by Type
10.1.1.6.2 Rest of Asia Pacific Automotive Sensors Market Breakdown by Application
10.1.1.6.3 Rest of Asia Pacific Automotive Sensors Market Breakdown by Vehicle Type
PART 11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
PART 12. Global Automotive Sensors Market – Key Company Profiles
12.1 Analog Devices, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Continental AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Delphi Technologies plc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 denso Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Infineon Technologies AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 MELEXIS
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 NXP Semiconductors N.V.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 ON Semiconductors
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Robert Bosch GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 texas instruments incorporated
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
PART 13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
list of tables
TABLE 1. Asia Pacific Automotive sensors Market Revenue and Forecasts to 2027 (US$ bn)
TABLE 2. Asia Pacific Automotive sensors Market Revenue Breakdown, By types and Forecasts to 2027 (US$ bn)
TABLE 3. Asia pacific automotive Sensors Market Breakdown, By Application Revenue and Forecasts to 2027 –
By Type (US$ Mn)
TABLE 4. Asia pacific automotive Sensors Market Breakdown, By vehicle type Revenue and Forecasts to 2027 –
By Type (US$ Mn)
TABLE 5. Asia pacific automotive Sensors Market, breakdown by key countries Revenue and Forecasts to 2027 –
By Type (US$ Mn)
TABLE 6. Australia automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 7. Australia automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 8. Australia automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 9. China automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 10. China automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 11. China automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 12. India automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 13. India automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 14. India automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 15. Japan automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 16. japan automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 17. Japan automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 18. South Korea automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 19. South Korea automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 20. South Korea automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 21. Rest of ASia PAcific automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 22. Rest of Asia PAcific automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 23. Rest of Asia Pacific automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 24. Glossary of Term: Automotive Sensors Market
list of figures
FIGURE 1. Asia Pacific Automotive sensors market, by application, US$ Mn, 2018 & 2027
FIGURE 2. Asia Pacific Automotive Sensors Market, by vehicle type (%), 2018
FIGURE 3. Asia Pacific Automotive Sensors Market, by Country (%), 2018
FIGURE 4. Asia Pacific Automotive sENSORS market segmentation
FIGURE 5. Asia Pacific Automotive SENSORS market segmentation – Country analysis
FIGURE 6. asia pacific – pest analysis
FIGURE 7. Automotive Sensors Market – ecosystem analysis
FIGURE 8. Asia pacific Automotive Sensors Market Impact Analysis of Driver and Restraints
FIGURE 9. Asia pacific automotive Sensors Market Forecast and Analysis to 2027, US$ Bn
FIGURE 10. Asia Pacific Automotive sensors Market Breakdown, By types, 2017 & 2027 (%)
FIGURE 11. Asia Pacific LED Market Revenue and FORECASTS TO 2027(US$ Mn)
FIGURE 12. Asia Picific Image Sensor Market Revenue and FORECASTS TO 2027(US$ Mn)
FIGURE 13. Asia Pacific Position Sensor Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 14. Asia Pacific Temperature Sensor Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 15. Asia Pacific Pressure Sensor Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 16. Asia pacific MEMS Sensor Market Revenue and FORECASTS TO 2027(US$ mn)
FIGURE 17. Asia pacific Others Sensor Market Revenue and FORECASTS TO 2027(US$ Mn)
FIGURE 18. Asia Pacific Automotive Sensors Market Breakdown, By application, 2018 & 2027 (%)
FIGURE 19. Asia Pacific Advacned Driver Assistance Systems Market Revenue and Forecasts to 2027 (US$ mn)
FIGURE 20. Asia Pacific Body Electronics Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 21. Asia Pacific Powertrain Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 22. Asia PAcific Safety & security System Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 23. Asia Pacific Chassis Market Revenue and FORECASTS TO 2027(US$ mn)
FIGURE 24. Asia pacific Others Market Revenue and FORECASTS TO 2027(US$ Mn)
FIGURE 25. Asia Pacific Automotive sensors Market Breakdown, By vehicle type, 2018 & 2027 (%)
FIGURE 26. Asia pacific Passenger Cars Market Revenue and Forecasts to 2027 (US$ mn)
FIGURE 27. Asia pacific Lightweight Commercial Vehicle Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 28. Asia Pacific HEavyweight Commercial Vehicle Market Revenue and Forecasts to 2027 (US$ mn)
FIGURE 29. asia pacific Automotive sensors Market Breakdown by Key Countries, 2018 & 2027(%)
FIGURE 30. Austrlia automotive Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 31. china automotive Sensor Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 32. india automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 33. Japan automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 34. south korea automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 35. rest of asia pacific automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
The List of Companies
- ANALOG Devices Inc.
- Continental AG
- DELPHI TECHNOLOGIES PLC
- Denso Corporation
- Infineon Technologies
- Melexis
- NXP Semiconductors NV
- ON Semiconductors
- Robert Bosch GmbH
- Texas Instruments Incorporated
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Automotive Sensors market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the Europe Automotive Sensors market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution