Automotive Sensors Market Growth Analysis - Forecast Trends and Outlook (2025-2034)

The global automotive sensors market attained a value of approximately USD 33.52 Billion in 2024. The market is further expected to grow at a CAGR of 9.50% in the forecast period of 2025-2034, reaching a value of around USD 83.07 Billion by 2034.

Key Trends in the Market

Automotive sensors refer to electronic devices that are designed to monitor specific aspects of vehicular performance and transmit information to the electronic control unit of the vehicle or to the driver. These devices can be used to check aspects such as pressure, temperature, position, speed, and gas. Automotive sensors are also capable of examining and determining range of values which would optimise vehicular performance.

• Technological advancements in infotainment systems are among the key automotive sensors market trends as various data garnered from the sensors can be easily viewed through infotainment system display screens. Increasing investments towards upgrading infotainment features, such as LED screens, navigation, and Bluetooth connectivity, are expected aid the market further.
• Automotive sensors provide features and data that improve the safety of driving which is building an increased demand among customers. This factor is encouraging more automakers to incorporate a variety of automotive sensors in low- to mid-tier car models to  enhance the driving experience and safety of passengers.
• Rapid electrification of automobiles, leading to a heightened sale of electric passenger and commercial vehicles, is a crucial trend in the automotive sensors market. As more governments encourage electric vehicles, the usage of advanced automotive sensors in electric vehicles is anticipated to rise to further optimise vehicular movement.

Market Segmentation

The EMR’s report titled “Automotive Sensors Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Sensor Type

• Temperature Sensors
• Pressure Sensors
• Level/Position Sensors
• Speed Sensors
• Gas Sensors
• Magnetic Sensors
• Others

Market Breakup by Application

• Powertrain
• Chassis
• Vehicle Body Electronics
• Safety and Control Systems
• Telematics Systems
• Exhaust Systems
• Others

Market Breakup by Sales Channel

• Original Equipment Manufacturer (OEM)
• Aftermarket

Market Breakup by Vehicle Type

• Passenger Car
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Share by Application

The powertrain segment, based on application, accounts for a healthy share of the automotive sensors market. Automotive powertrain sensors, such as manifold absolute pressure (MAP) sensor, barometric pressure sensor (BARO), and engine oil pressure sensor, are widely applied in powertrains. They are used to facilitate weather management, atmospheric pressure management, to optimise engine parameters, and to defined proper air and fuel quantities in order to improve the functioning of an automobile. Meanwhile, safety and control systems applications of automotive sensors are expected to witness steady growth in the forecast period, driven by the rising safety regulation standards amidst increasing cases of road accidents.

Market Share by Vehicle Type

Based on vehicle type, the passenger car segment occupies a significant share in the automotive sensors market as automotive sensors are integral components in passenger vehicles to enhance the driving experience of customers. The increasing sale of luxury vehicles, SUVs, and sports cars, coupled with the increasing automobile maintenance expenditure of the population across emerging economies, is driving the segment’s growth. The rising preference towards safer, efficient, and eco-friendly cars is expected to bolster the incorporation of automotive sensors of sophisticated quality. Moreover, advancements in passenger vehicles being carried out by automotive manufacturers to gain a competitive edge are likely to aid the growth of this segment in the coming years.

Competitive Landscape of Automotive Sensors Industry

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global automotive sensors market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

Infineon Technologies AG

Infineon Technologies AG is a leading semiconductor manufacturing company, the product portfolio of which includes battery management ICs, microcontroller, sensor, transceiver, software, and security and smart card solution, among others. The company was founded in 1999 and is headquartered in Neubiberg, Germany.

Robert Bosch GmbH

Robert Bosch GmbH is a renowned engineering company which develops smart mobility solutions in areas of hardware, software, and services. This company also offers services related to home, industry and trades, and market specific solutions. Founded in 1886, the company is based in Gerlingen, Germany.

NXP Semiconductors N.V.

NXP Semiconductors N.V. is a prominent semiconductor manufacturing company which provides smart, safe, and sustainable solutions related to automotive, industrial and IoT, mobile, and communication infrastructure markets. The company was established in 2006 and is headquartered in Eindhoven in the Netherlands.

Other market players include Continental AG, and Littelfuse, Inc., among others.
Show more