Automotive Chassis Sensors Market to grow by USD 553.41 million during 2021-2025, Amphenol Corp. and BorgWarner Inc. emerge as Key Contributors to growth| Technavio

NEW YORK, May 31, 2021 /PRNewswire/ —

Technavio has been monitoring the automotive chassis sensors market and it is poised to grow by $ 553.41 mn during 2021-2025, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the automotive chassis sensors market. 

Frequently Asked Questions:

  • Based on segmentation by end-user, which is the leading segment in the market?

    Passenger vehicles led the market share and will continue to lead the end-user segment during the forecast period.
  • What is the key driver influencing the market? 

    Increasing vehicle demand is influencing the market positively during the next few years.
  • At what rate is the market projected to grow?

    The market is projected to grow at a CAGR of almost 3%.
  • What is the key market challenge?

    Low-profit margins for OEMs will impede market growth.
  •  How big is the APAC market?

    54% of the market growth will originate from APAC.

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Automotive LiDAR Sensors Market by Application and Geography – Forecast and Analysis 2021-2025: The automotive LiDAR sensors market size is expected to grow by USD 318.57 million and record a CAGR of 16.61% during 2021-2025, according to Technavio. Download PDF Sample

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View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amphenol Corp., BorgWarner Inc., Continental AG, DENSO Corp., Infineon Technologies AG, NXP Semiconductors NV, Robert Bosch GmbH, Sensata Technologies Holding Inc., STMicroelectronics NV, and TE Connectivity Ltd. are some of the major market participants. Although the increasing vehicle demand and surging implementation of stringent regulations for emission control will offer immense growth opportunities, low-profit margins for OEMs is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive chassis sensors market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Automotive Chassis Sensors Market 2021-2025: Segmentation

Automotive Chassis Sensors Market is segmented as below:

  • End-user
    • Passenger Vehicles
    • Commercial Vehicles
  • Type
    • Pressure
    • Speed
    • Position
    • Temperature
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41029

Automotive Chassis Sensors Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive chassis sensors market report covers the following areas:

  • Automotive Chassis Sensors Market Size
  • Automotive Chassis Sensors Market Trends
  • Automotive Chassis Sensors Market Industry Analysis

This study identifies the growing acceptance of sensor technology as one of the prime reasons driving the automotive chassis sensors market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Automotive Chassis Sensors Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist automotive chassis sensors market growth during the next five years
  • Estimation of the automotive chassis sensors market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive chassis sensors market across APAC, Europe, North America, South America, and MEA
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive chassis sensors market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Passenger vehicles – Market size and forecast 2020-2025
  • Commercial vehicles – Market size and forecast 2020-2025
  • Market opportunity by End-user

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Pressure – Market size and forecast 2020-2025
  • Speed – Market size and forecast 2020-2025
  • Position – Market size and forecast 2020-2025
  • Temperature – Market size and forecast 2020-2025
  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Amphenol Corp.
  • BorgWarner Inc.
  • Continental AG
  • DENSO Corp.
  • Infineon Technologies AG
  • NXP Semiconductors NV
  • Robert Bosch GmbH
  • Sensata Technologies Holding Inc.
  • STMicroelectronics NV
  • TE Connectivity Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Report: https://www.technavio.com/report/automotive-chassis-sensors-market-industry-analysis

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