An electronic device that monitors various aspects of the vehicle and sends information to the driver or ECU (Electronic Control Unit).
The global Vehicle Sensing System market is projected to reach US$ 2551.9 million in 2029, increasing from US$ 1590 million in 2022, with the CAGR of 6.9% during the period of 2023 to 2029.
The global vehicle sensing system market refers to the industry involved in the development, production, and deployment of sensing technologies used in vehicles for improved safety, efficiency, and convenience. These systems utilize various sensors to collect and interpret data from the surrounding environment, enabling vehicles to detect and respond to their surroundings.
Here are some key insights into the global vehicle sensing system market:
Market Overview:
The global vehicle sensing system market has been experiencing significant growth due to the increasing demand for advanced driver assistance systems (ADAS) and autonomous vehicles. These sensing systems play a crucial role in enhancing the overall driving experience by providing real-time information about the vehicle’s surroundings.
Types of Vehicle Sensing Systems:
There are various types of vehicle sensing systems available in the market. Some common variations include:
Proximity Sensors: Proximity sensors, such as ultrasonic and radar sensors, are used to detect obstacles and measure the distance between the vehicle and its surroundings. These sensors are commonly used in parking assist systems and collision avoidance systems.
LiDAR (Light Detection and Ranging): LiDAR sensors use laser light to measure distances and create a detailed 3D map of the vehicle’s surroundings. LiDAR technology is widely used in autonomous vehicles for precise object detection and mapping.
Cameras and Vision Systems: Cameras and vision systems capture visual information from the vehicle’s surroundings. They are used for applications such as lane departure warning, traffic sign recognition, and pedestrian detection.
Infrared Sensors: Infrared sensors detect heat signatures and are used for applications such as night vision systems and object detection in low visibility conditions.
Applications:
Vehicle sensing systems have a wide range of applications, including:
Advanced Driver Assistance Systems (ADAS): ADAS technologies, such as adaptive cruise control, lane-keeping assist, and automatic emergency braking, rely on vehicle sensing systems to provide real-time information and enable automated responses.
Autonomous Vehicles: Autonomous vehicles heavily rely on vehicle sensing systems for perception and navigation. These systems help detect and analyze the surrounding environment to make informed decisions and safely navigate the road.
Parking Assistance: Vehicle sensing systems, including proximity sensors and cameras, help drivers park their vehicles safely by providing information about obstacles and guiding the parking process.
Traffic and Pedestrian Safety: Sensing systems play a vital role in improving traffic and pedestrian safety through features like blind-spot detection, pedestrian detection, and intersection assistance.
Market Dynamics:
The global vehicle sensing system market is driven by several factors, including:
Increasing emphasis on road safety and the need for technologies to mitigate accidents and collisions.
Growing demand for advanced driver assistance systems (ADAS) and autonomous vehicles.
Advances in sensor technologies, including LiDAR, radar, and cameras, making them more accurate, reliable, and cost-effective.
Stringent government regulations and safety standards related to vehicle safety.
Key Market Players:
The global vehicle sensing system market consists of key players, including companies like Continental AG, Robert Bosch GmbH, Denso Corporation, Aptiv PLC, and Valeo SA. These companies offer a wide range of vehicle sensing technologies and solutions to cater to the growing market demand.The global vehicle sensing system market refers to the industry involved in the development, production, and deployment of sensing technologies used in vehicles for improved safety, efficiency, and convenience. These systems utilize various sensors to collect and interpret data from the surrounding environment, enabling vehicles to detect and respond to their surroundings.
Here are some key insights into the global vehicle sensing system market:
Market Overview:
The global vehicle sensing system market has been experiencing significant growth due to the increasing demand for advanced driver assistance systems (ADAS) and autonomous vehicles. These sensing systems play a crucial role in enhancing the overall driving experience by providing real-time information about the vehicle’s surroundings.
Types of Vehicle Sensing Systems:
There are various types of vehicle sensing systems available in the market. Some common variations include:
Proximity Sensors: Proximity sensors, such as ultrasonic and radar sensors, are used to detect obstacles and measure the distance between the vehicle and its surroundings. These sensors are commonly used in parking assist systems and collision avoidance systems.
LiDAR (Light Detection and Ranging): LiDAR sensors use laser light to measure distances and create a detailed 3D map of the vehicle’s surroundings. LiDAR technology is widely used in autonomous vehicles for precise object detection and mapping.
Cameras and Vision Systems: Cameras and vision systems capture visual information from the vehicle’s surroundings. They are used for applications such as lane departure warning, traffic sign recognition, and pedestrian detection.
Infrared Sensors: Infrared sensors detect heat signatures and are used for applications such as night vision systems and object detection in low visibility conditions.
Applications:
Vehicle sensing systems have a wide range of applications, including:
Advanced Driver Assistance Systems (ADAS): ADAS technologies, such as adaptive cruise control, lane-keeping assist, and automatic emergency braking, rely on vehicle sensing systems to provide real-time information and enable automated responses.
Autonomous Vehicles: Autonomous vehicles heavily rely on vehicle sensing systems for perception and navigation. These systems help detect and analyze the surrounding environment to make informed decisions and safely navigate the road.
Parking Assistance: Vehicle sensing systems, including proximity sensors and cameras, help drivers park their vehicles safely by providing information about obstacles and guiding the parking process.
Traffic and Pedestrian Safety: Sensing systems play a vital role in improving traffic and pedestrian safety through features like blind-spot detection, pedestrian detection, and intersection assistance.
Market Dynamics:
The global vehicle sensing system market is driven by several factors, including:
Increasing emphasis on road safety and the need for technologies to mitigate accidents and collisions.
Growing demand for advanced driver assistance systems (ADAS) and autonomous vehicles.
Advances in sensor technologies, including LiDAR, radar, and cameras, making them more accurate, reliable, and cost-effective.
Stringent government regulations and safety standards related to vehicle safety.
Key Market Players:
The global vehicle sensing system market consists of key players, including companies like Continental AG, Robert Bosch GmbH, Denso Corporation, Aptiv PLC, and Valeo SA. These companies offer a wide range of vehicle sensing technologies and solutions to cater to the growing market demand.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Vehicle Sensing System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ZF Friedrichshafen AG
Denso Corporation
Renesas Electronics
Valeo Groupe
STMicroelectronics
HELLA GmbH & Co. KGaA
TE Connectivity
Mitsubishi Electric Corporation
Infineon Technologies AG
CTS Corporation
Segment by Type
Lidar
GPS
Ultrasonic
Segment by Application
Powertrain
Safety
Telematic
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Vehicle Sensing System report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Vehicle Sensing System Market Overview
1.1 Product Definition
1.2 Vehicle Sensing System Segment by Type
1.2.1 Global Vehicle Sensing System Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Lidar
1.2.3 GPS
1.2.4 Ultrasonic
1.3 Vehicle Sensing System Segment by Application
1.3.1 Global Vehicle Sensing System Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Powertrain
1.3.3 Safety
1.3.4 Telematic
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Vehicle Sensing System Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Vehicle Sensing System Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Vehicle Sensing System Production Estimates and Forecasts (2018-2029)
1.4.4 Global Vehicle Sensing System Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Vehicle Sensing System Production Market Share by Manufacturers (2018-2023)
2.2 Global Vehicle Sensing System Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Vehicle Sensing System, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Vehicle Sensing System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Vehicle Sensing System Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Vehicle Sensing System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Vehicle Sensing System, Product Offered and Application
2.8 Global Key Manufacturers of Vehicle Sensing System, Date of Enter into This Industry
2.9 Vehicle Sensing System Market Competitive Situation and Trends
2.9.1 Vehicle Sensing System Market Concentration Rate
2.9.2 Global 5 and 10 Largest Vehicle Sensing System Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Vehicle Sensing System Production by Region
3.1 Global Vehicle Sensing System Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Vehicle Sensing System Production Value by Region (2018-2029)
3.2.1 Global Vehicle Sensing System Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Vehicle Sensing System by Region (2024-2029)
3.3 Global Vehicle Sensing System Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Vehicle Sensing System Production by Region (2018-2029)
3.4.1 Global Vehicle Sensing System Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Vehicle Sensing System by Region (2024-2029)
3.5 Global Vehicle Sensing System Market Price Analysis by Region (2018-2023)
3.6 Global Vehicle Sensing System Production and Value, Year-over-Year Growth
3.6.1 North America Vehicle Sensing System Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Vehicle Sensing System Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Vehicle Sensing System Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Vehicle Sensing System Production Value Estimates and Forecasts (2018-2029)
3.6.5 South Korea Vehicle Sensing System Production Value Estimates and Forecasts (2018-2029)
3.6.6 India Vehicle Sensing System Production Value Estimates and Forecasts (2018-2029)
4 Vehicle Sensing System Consumption by Region
4.1 Global Vehicle Sensing System Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Vehicle Sensing System Consumption by Region (2018-2029)
4.2.1 Global Vehicle Sensing System Consumption by Region (2018-2023)
4.2.2 Global Vehicle Sensing System Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Vehicle Sensing System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Vehicle Sensing System Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Vehicle Sensing System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Vehicle Sensing System Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Vehicle Sensing System Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Vehicle Sensing System Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Vehicle Sensing System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Vehicle Sensing System Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Vehicle Sensing System Production by Type (2018-2029)
5.1.1 Global Vehicle Sensing System Production by Type (2018-2023)
5.1.2 Global Vehicle Sensing System Production by Type (2024-2029)
5.1.3 Global Vehicle Sensing System Production Market Share by Type (2018-2029)
5.2 Global Vehicle Sensing System Production Value by Type (2018-2029)
5.2.1 Global Vehicle Sensing System Production Value by Type (2018-2023)
5.2.2 Global Vehicle Sensing System Production Value by Type (2024-2029)
5.2.3 Global Vehicle Sensing System Production Value Market Share by Type (2018-2029)
5.3 Global Vehicle Sensing System Price by Type (2018-2029)
6 Segment by Application
6.1 Global Vehicle Sensing System Production by Application (2018-2029)
6.1.1 Global Vehicle Sensing System Production by Application (2018-2023)
6.1.2 Global Vehicle Sensing System Production by Application (2024-2029)
6.1.3 Global Vehicle Sensing System Production Market Share by Application (2018-2029)
6.2 Global Vehicle Sensing System Production Value by Application (2018-2029)
6.2.1 Global Vehicle Sensing System Production Value by Application (2018-2023)
6.2.2 Global Vehicle Sensing System Production Value by Application (2024-2029)
6.2.3 Global Vehicle Sensing System Production Value Market Share by Application (2018-2029)
6.3 Global Vehicle Sensing System Price by Application (2018-2029)
7 Key Companies Profiled
7.1 ZF Friedrichshafen AG
7.1.1 ZF Friedrichshafen AG Vehicle Sensing System Corporation Information
7.1.2 ZF Friedrichshafen AG Vehicle Sensing System Product Portfolio
7.1.3 ZF Friedrichshafen AG Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.1.4 ZF Friedrichshafen AG Main Business and Markets Served
7.1.5 ZF Friedrichshafen AG Recent Developments/Updates
7.2 Denso Corporation
7.2.1 Denso Corporation Vehicle Sensing System Corporation Information
7.2.2 Denso Corporation Vehicle Sensing System Product Portfolio
7.2.3 Denso Corporation Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Denso Corporation Main Business and Markets Served
7.2.5 Denso Corporation Recent Developments/Updates
7.3 Renesas Electronics
7.3.1 Renesas Electronics Vehicle Sensing System Corporation Information
7.3.2 Renesas Electronics Vehicle Sensing System Product Portfolio
7.3.3 Renesas Electronics Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Renesas Electronics Main Business and Markets Served
7.3.5 Renesas Electronics Recent Developments/Updates
7.4 Valeo Groupe
7.4.1 Valeo Groupe Vehicle Sensing System Corporation Information
7.4.2 Valeo Groupe Vehicle Sensing System Product Portfolio
7.4.3 Valeo Groupe Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Valeo Groupe Main Business and Markets Served
7.4.5 Valeo Groupe Recent Developments/Updates
7.5 STMicroelectronics
7.5.1 STMicroelectronics Vehicle Sensing System Corporation Information
7.5.2 STMicroelectronics Vehicle Sensing System Product Portfolio
7.5.3 STMicroelectronics Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.5.4 STMicroelectronics Main Business and Markets Served
7.5.5 STMicroelectronics Recent Developments/Updates
7.6 HELLA GmbH & Co. KGaA
7.6.1 HELLA GmbH & Co. KGaA Vehicle Sensing System Corporation Information
7.6.2 HELLA GmbH & Co. KGaA Vehicle Sensing System Product Portfolio
7.6.3 HELLA GmbH & Co. KGaA Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.6.4 HELLA GmbH & Co. KGaA Main Business and Markets Served
7.6.5 HELLA GmbH & Co. KGaA Recent Developments/Updates
7.7 TE Connectivity
7.7.1 TE Connectivity Vehicle Sensing System Corporation Information
7.7.2 TE Connectivity Vehicle Sensing System Product Portfolio
7.7.3 TE Connectivity Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.7.4 TE Connectivity Main Business and Markets Served
7.7.5 TE Connectivity Recent Developments/Updates
7.8 Mitsubishi Electric Corporation
7.8.1 Mitsubishi Electric Corporation Vehicle Sensing System Corporation Information
7.8.2 Mitsubishi Electric Corporation Vehicle Sensing System Product Portfolio
7.8.3 Mitsubishi Electric Corporation Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Mitsubishi Electric Corporation Main Business and Markets Served
7.7.5 Mitsubishi Electric Corporation Recent Developments/Updates
7.9 Infineon Technologies AG
7.9.1 Infineon Technologies AG Vehicle Sensing System Corporation Information
7.9.2 Infineon Technologies AG Vehicle Sensing System Product Portfolio
7.9.3 Infineon Technologies AG Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Infineon Technologies AG Main Business and Markets Served
7.9.5 Infineon Technologies AG Recent Developments/Updates
7.10 CTS Corporation
7.10.1 CTS Corporation Vehicle Sensing System Corporation Information
7.10.2 CTS Corporation Vehicle Sensing System Product Portfolio
7.10.3 CTS Corporation Vehicle Sensing System Production, Value, Price and Gross Margin (2018-2023)
7.10.4 CTS Corporation Main Business and Markets Served
7.10.5 CTS Corporation Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Vehicle Sensing System Industry Chain Analysis
8.2 Vehicle Sensing System Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Vehicle Sensing System Production Mode & Process
8.4 Vehicle Sensing System Sales and Marketing
8.4.1 Vehicle Sensing System Sales Channels
8.4.2 Vehicle Sensing System Distributors
8.5 Vehicle Sensing System Customers
9 Vehicle Sensing System Market Dynamics
9.1 Vehicle Sensing System Industry Trends
9.2 Vehicle Sensing System Market Drivers
9.3 Vehicle Sensing System Market Challenges
9.4 Vehicle Sensing System Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
ZF Friedrichshafen AG
Denso Corporation
Renesas Electronics
Valeo Groupe
STMicroelectronics
HELLA GmbH & Co. KGaA
TE Connectivity
Mitsubishi Electric Corporation
Infineon Technologies AG
CTS Corporation
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*If Applicable.
