The Europe automotive sensors market accounted for US$ 2.13 Bn in 2018 and is expected to grow at a CAGR of 6.8% over the forecast period 2019-2027, to account for US$ 3.83 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 major factor 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 major catalyst for the growth of semiconductors in the automotive industry is attributed to the continued partnerships between automotive manufacturers and semiconductor manufacturers.
The automotive giants are constantly eyeballing on the electric vehicle segment as the section has attracted several customers. Major players catalyzing the market for electric vehicles worldwide include Tesla, BMW, Nissan, Ford, and Volkswagen, among others. Electric vehicles consist of several types of sensors which enhances the reliability, safety, and performance of the vehicles. The automobile manufacturers, along with several semiconductor manufacturers, are constantly innovating and developing advanced semiconductor and electronic solutions in order to deliver the safest, reliable, and performance-oriented vehicle to their customers. The automotive OEMs are integrating their vehicle's dashboards, seats, heating systems as well as mirrors with advanced sensors and embedded computers, which is facilitating the sensors industry players to design and develop robust technologies. Sensors are also integrated into areas such as braking system, induction motor, and battery system, among others. With the rising electric vehicle production, the requirement for a large number of semiconductors and other electronics. The automotive market players operating in the region requires an increased number of partnerships with sensor manufacturers, in order to soar exponentially in the EV cars segment. The partnership parameter is a major factor for both the industry players to drive their markets, which is anticipated to drive the Europe automotive sensors market in the coming years.
Germany is anticipated to lead the Europe automotive sensors market across the Europe region through the forecast period. Germany is one of the leading producers of automobiles in the world, and many major car manufacturing companies are located in the country, including Volkswagen, BMW AG, Audi, and others. Germany produces a significant number of vehicles every year, which includes both passenger cars and commercial vehicles. Being the hub for the major automotive industries, automotive semiconductors are extensively used in this industry. Germany is one of the pioneers for legalizing autonomous vehicles on the roads. The country is the region's largest electronics producer, of which, the automotive electronics segment is the largest. The figure given below highlights the revenue share of Italy in the Europe automotive sensors market in the forecast period:
Italy in Europe Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
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EUROPE AUTOMOTIVE SENSORS - MARKET SEGMENTATION
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Europe Automotive Sensors Market by Type
• LED• Image Sensor• Position Sensor• Temperature Sensor• Pressure Sensor• MEMS• Others
Europe Automotive Sensors Market by Application
• Chassis• Safety & Security• Body Electronics• Powertrain• ADAS• Others
Europe Automotive Sensors Market by Vehicle Type
• LCV• HCV• Passenger Car
Europe Automotive Sensors Market by Country
• France• Germany• Italy• Russia• UK• Rest of Europe
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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Application, Vehicle Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
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. Europe Automotive Sensors market Landscape
4.1 market overview
4.2 Market segmentation
4.2.1 Europe Automotive Sensor Market – By Type
4.2.2 Europe Automotive Sensors Market – By Application
4.2.3 Europe Automotive Sensors Market – By Vehicle Type
4.2.4 Europe Automotive Sensors Market – By Geography
4.3 pest analysis
4.3.1 Europe – PEST Analysis
4.4 Ecosystem Analysis
PART 5. Europe AUTOMOTIVE Sensors market – key industry dynamics
5.1 key market drivers
5.1.1 Increasing Vehicle Manufacturing Activities Aiding the growth of Automotive Sensors Market
5.1.2 Growing Collaborations Between Automotive Manufacturers and Sensor Manufacturers
5.2 Key market restraints
5.2.1 Increasing Cost of Vehicles due to Integration of Sensors Might Impact the Market
5.3 key market opportunities
5.3.1 Rising Manufacturing of Electronic Vehicles is Supporting the Growth of Automotive Sensor Market
5.4 Future trends
5.4.1 Boom in Connected Car Production is Expected to Opportunities for Automotive Sensor Manufacturers to Boost their Business
5.5 impact analysis of Drivers and restraints
PART 6. Europe automotive Sensors – market analysis
6.1 Europe automotive Sensors Market Overview
6.2 Europe automotive Sensors Market Forecast and Analysis
PART 7. Europe Automotive Sensors market revenue and FORECASTS TO 2027– Types
7.1 Overview
7.2 Europe Automotive Sensors Market Breakdown, By Types, 2018 & 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. Europe Automotive SENSORS market revenue and forecasts to 2027 – Application
8.1 Overview
8.2 Europe 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. Europe Automotive Sensors market revenue and forecasts to 2027 – vehicle type
9.1 Overview
9.2 Europe 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. Europe automotive Sensors market – Country Analysis
10.1 Overview
10.1.1 Europe Automotive Sensors Market Breakdown by Key Countries
10.1.1.1 France Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.1.1 France Automotive Sensors Market Breakdown by Type
10.1.1.1.2 France Automotive Sensors Market Breakdown by Application
10.1.1.1.3 France Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.2 Germany Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.2.1 Germany Automotive Sensors Market Breakdown by Type
10.1.1.2.2 Germany Automotive Sensors Market Breakdown by Application
10.1.1.2.3 Germany Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.3 Italy Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 Italy Automotive Sensors Market Breakdown by Type
10.1.1.3.2 Italy Automotive Sensors Market Breakdown by Application
10.1.1.3.3 Italy Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.4 UK Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.4.1 UK Automotive Sensors Market Breakdown by Type
10.1.1.4.2 UK Automotive Sensors Market Breakdown by Application
10.1.1.4.3 UK Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.5 Russia Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.5.1 Russia Automotive Sensors Market Breakdown by Type
10.1.1.5.2 Russia Automotive Sensors Market Breakdown by Application
10.1.1.5.3 Russia Automotive Sensors Market Breakdown by Vehicle Type
10.1.1.6 Rest of Europe Automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.6.1 Rest of Europe Automotive Sensors Market Breakdown by Type
10.1.1.6.2 Rest of Europe Automotive Sensors Market Breakdown by Application
10.1.1.6.3 Rest of Europe 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. Europe 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. Europe Automotive sensors Market Revenue and Forecasts to 2027 (US$ bn)
TABLE 2. Europe Automotive sensors Market Breakdown By Types Revenue and Forecasts to 2027 (US$ bn)
TABLE 3. Europe Automotive sensors Market Breakdown By Application Revenue and Forecasts to 2027 (US$ bn)
TABLE 4. Europe Automotive sensors Market Breakdown By Application Revenue and Forecasts to 2027 (US$ bn)
TABLE 5. Europe Automotive sensors Market Breakdown By Application Revenue and Forecasts to 2027 (US$ bn)
TABLE 6. Australia automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 7. France automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 8. France automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 9. Germany automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 10. Germany automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 11. Germany automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 12. Italy automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 13. Italy automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 14. italy automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 15. UK automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 16. UK automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 17. UK automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 18. Russia automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 19. Russia automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 20. Russia automotive Sensors Market Revenue and Forecasts to 2027 – By vehicle type (US$ Mn)
TABLE 21. Rest of EUROPE automotive Sensors Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 22. Rest of EUROPE automotive Sensors Market Revenue and Forecasts to 2027 – By application (US$ Mn)
TABLE 23. Rest of Europe 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. Europe Image sensors market, Revenue and forecast, US$ Mn, 2018 & 2027
FIGURE 2. Europe Automotive sensors market, by application, US$ Mn, 2018 & 2027
FIGURE 3. Europe Automotive Sensors Market, by vehicle type (%), 2018
FIGURE 4. Europe Automotive sENSORS market segmentation
FIGURE 5. Europe Automotive SENSORS market segmentation – Country analysis
FIGURE 6. europe – pest analysis
FIGURE 7. Europe Automotive Sensors Market – ecosystem analysis
FIGURE 8. Europe Automotive Sensors Market Impact Analysis of Driver and Restraints
FIGURE 9. Europe automotive Sensors Market Forecast and Analysis to 2027, US$ Bn
FIGURE 10. Europe Automotive sensors Market Breakdown, By types, 2018 & 2027 (%)
FIGURE 11. Europe LED Market Revenue and FORECASTS TO 2027(US$ Mn)
FIGURE 12. europe Image Sensor Market Revenue and FORECASTS TO 2027(US$ Mn)
FIGURE 13. Europe Position Sensor Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 14. Europe Temperature Sensor Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 15. europe Pressure Sensor Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 16. Europe MEMS Sensor Market Revenue and FORECASTS TO 2027(US$ mn)
FIGURE 17. Europe Others Sensor Market Revenue and FORECASTS TO 2027(US$ Mn)
FIGURE 18. Europe Automotive Sensors Market Breakdown, By application, 2018 & 2027 (%)
FIGURE 19. Europe Advacned Driver Assistance Systems Market Revenue and Forecasts to 2027 (US$ mn)
FIGURE 20. Europe Body Electronics Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 21. Europe Powertrain Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 22. Europe Safety & security System Market Revenue and FORECASTS TO 2027(US$ Bn)
FIGURE 23. europe Chassis Market Revenue and FORECASTS TO 2027(US$ mn)
FIGURE 24. Europe Others Market Revenue and FORECASTS TO 2027(US$ Mn)
FIGURE 25. Europe Automotive sensors Market Breakdown, By vehicle type, 2018 & 2027 (%)
FIGURE 26. Europe Passenger Cars Market Revenue and Forecasts to 2027 (US$ mn)
FIGURE 27. Europe Lightweight Commercial Vehicle Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 28. Europe HEavyweight Commercial Vehicle Market Revenue and Forecasts to 2027 (US$ mn)
FIGURE 29. europe Automotive sensors Market Breakdown by Key Countries, 2018 & 2027(%)
FIGURE 30. France automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 31. germany automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 32. Italy automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 33. UK automotive sensors Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 34. russia automotive Sensors Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 35. rest of europe 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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