Automotive Rain and Light Sensor Market

The global Automotive Rain and Light Sensor valued at 5.29 Billion in 2020 and is expected to reach 9.18 Billion in 2028 growing at a CAGR of 7.10%%.

The prominent players in the market are Yichenglong, Kenchuang, Osram GmbH, Startway, BMW, G-Pulse, Hamamatsu Photonics K.K., Kostal Group, CETC Motor, AUDI AG, Sensata, TRW, Mitsubishi Motors, Hirain, Robert Bosch GMBH, Denso Corporation, Hella KGAA HUECK & Co., ROHM, Panasonic, Volkswagen..

The market is project to grow at a CAGR of 7.10%% between 2021 and 2028.

The driving factors of the Automotive Rain and Light Sensor include

• The rising automation is anticipated to augment the growth of the automotive rain and light sensor market during the forecast period. This is owing to the benefits that are offered to the consumers by using these sensors. The rain sensor detects rain and switches the wipers on so that the drivers are not distracted with the effort of manually engaging the wipers. This helps the drivers to have better control of the vehicle and ultimately provides safety to the driver as well as others. To eliminate the distraction caused by the movement of windscreen wiper blades, manufacturers are also focusing on developing innovative solutions.
• The increasing automotive sale worldwide is anticipated to augment the global automotive rain and light sensor market in the years to come. This is attributable to the increasing urbanization and rising disposable income of consumers. This is letting consumers to spend more on luxury cars that are equipped with sensors for more safety. Most of the major players in automotive industry are also focussing on including more safety related sensors in order to provide safety to the consumers and also to increase their sales.

North America was the leading regional segment of the Automotive Rain and Light Sensor in 2020.