Automotive Rain and Light Sensor Market
Automotive Rain and Light Sensor Market Global Industry Assessment & Forecast
#
Pages:
180
2021
Nov - 2021
VMR-2021-0546
Segments Covered
By
Product Types Rain Sensor, Light Sensor
-
By
End User/Application Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
5.29 Billion |
 Revenue 2028:
|
9.18 Billion |
 Revenue CAGR
(2021 - 2028): |
7.10% |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
Product Types Analysis: Preview
On the basis of Product Types, the market is segmented into Rain Sensor, Light Sensor. Rain Sensor held the highest share in the global Automotive Rain and Light Sensor market and is projected to witness the same trend during the forecast period.
End User/Application Analysis: Preview
Based on End User/Application, the market is segmented into Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV). Passenger Vehicles accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Analysis: Preview
Based on , the market is segmented into . dominates the global Automotive Rain and Light Sensor market and is expected to continue the same trend from 2021 to 2028.
Global Automotive Rain and Light Sensor Market: Product Types Segment Analysis
-
- Rain Sensor
- Light Sensor
Global Automotive Rain and Light Sensor Market: End User/Application Segment Analysis
-
- Passenger Car (PC)
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
FAQ
Frequently Asked Question
What is the global demand for Automotive Rain and Light Sensor in terms of revenue?
-
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%%.
Which are the prominent players in the market?
-
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..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.10%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
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.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Automotive Rain and Light Sensor in 2020.
