LONDON, March 11, 2020 /PRNewswire/ -- Market and Volume Forecasts by Voltage (12v, 24v and 48v), by Communication Technology (Local Interconnect Network (LIN) and Controller Area Network (CAN)), by Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy commercial Vehicles) with Regional and National Market Analysis and Financial Analysis of Leading Companies
The global market for automotive battery sensor is expected to grow with a CAGR of 9.5% during the forecast period from 2020-2030. The global market is valued at $2.4 billion in 2019 and has the potential to reach $6.6 billion by the end of forecast period of 2030. Increasing overall vehicle demand globally, rising demand for fuel-efficient vehicle due to stringent government regulations, and technological advancement by OEMs; are the major factors contributing in the growth of automotive battery sensor market. Rising concern regarding emission is expected to fuel the demand of fuel-efficient vehicle which will further enhance overall automotive battery sensor demand.
The electric battery sensor provides reliable and precise information on the status of batteries while taking battery aging effects into account. By providing this relevant information, the battery sensor allows for the implementation of an optimized electrical-power management (EEM) system in the vehicle and supports fuel- and CO2-saving technologies such as start/stop, coasting or recuperation.
The development of the market for automotive battery sensors can be ascribed to the growing stringency of global emission standards, increased adoption of electrical & electronic parts, increased car manufacturing, and increased demand for luxury cars. Further, growing electric vehicle adoption especially in North America and Europe region is expected to support the growth of battery sensor market.
Asia Pacific is estimated to be the fastest growing market for automotive battery sensor owing to the largest producer and consumer of vehicles. Presence of major developing economies such as China and India which offers exponential growth for automotive production as well as demand is the prime factor contributing in being major market for automotive Battery Sensor. Growing electric vehicle demand and adoption rate in Japan, China, and South Korea is expected to further fuel the overall demand of battery sensors in Asia Pacific region.
Leading companies featured in the Automotive Battery Sensor Market Report 2020-2030 report include AMS AG, Continental AG, FURUKAWA ELECTRIC, Hella, Denso Corporation, INOMATIC, NXP, TE Connectivity, Robert Bosch GmbH, Texas Instruments among others. Mergers & acquisitions and joint ventures constitute some of the industry players' common strategies for reducing product price overall and maintaining extremely competitive conditions. In order to guarantee continued raw material supplies and ease of installation services, many actors in the sector create alliances with raw material providers and third-party installers.
The comprehensive report provides market estimates and forecasts for leading domestic markets across the world for the period from 2020 to 2030. In addition, the report includes dedicated leading companies covering 10 leading automotive Battery Sensor industry producers.
The report on the Automotive Battery Sensor Market Report 2020-2030 will appreciate anyone who wants to better understand the market in various vehicle types. It will be useful for companies that want to better understand the part of the market in which they are already involved or those that want to enter or expand into another regional or technical part of the Automotive Battery Sensor industry.
Visiongain's timely report reveals how best to compete in this profitable market space and maximize your company's potential.
This report addresses the pertinent issues: – Where are the most lucrative market prospects? – Who are the leadings companies and what does the competitive landscape look like? – What are the regional, technical and regulatory barriers to market entry? – What are the technological issues and roadmap driving the market? – Why is the market prospering and how can you fully exploit this? – When will the market fully mature and why?
Research and Analysis Highlights
280 Tables, Charts and Graphs Illustrating the Global Automotive Battery Sensor Market Prospects
Market Segmentation 2020-2030:
The global automotive battery sensor market is segmented on the basis of voltage, communication technology, vehicle type, and geography.
Asia Pacific Automotive Battery Sensor Forecast 2020-2030 ($B & Volume) – China Market Forecast 2020-2030 ($B & Volume) – Japan Market Forecast 2020-2030 ($B & Volume) – India Market Forecast 2020-2030 ($B & Volume) – South Korea Market Forecast 2020-2030 ($B & Volume) – Thailand Market Forecast 2020-2030 ($B & Volume) – Malaysia Market Forecast 2020-2030 ($B & Volume) – Indonesia Market Forecast 2020-2030 ($B & Volume) – Taiwan Market Forecast 2020-2030 ($B & Volume) – Rest of Asia Pacific Market Forecast 2020-2030 ($B & Volume)
Rest of the World Automotive Battery Sensor Forecast 2020-2030 ($B & Volume) – Middle East Market Forecast 2020-2030 ($B & Volume) – Africa Market Forecast 2020-2030 ($B & Volume)
Profiles of 10 Leading Companies, Involved in Automotive Battery Sensor Market – AMS AG – Continental AG – FURUKAWA ELECTRIC – Hella – Denso Corporation – INOMATIC – NXP – TE Connectivity – Robert Bosch GmbH – Texas Instruments
SWOT And Porter's Five Forces Analysis
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Companies covered in the report include:
Abertax Technologies AMS AG Analog Devices Automotive Energy Supply Corporation Autotec AVL Continental CSM GmbH - Computer-Systeme-Messtechnik Delphi Denso Furukawa Electric Hella Infineon Technologies Inomatic Insplorion Ab Microchip Mouser Electronics MTA SPA NXP Panasonic Renesas Robert Bosch Samsung Sdi Silicon Labs TE Connectivity Texas Instruments Vishay