Title: Automotive Sensor Market Share, Dynamics, Key players Analysis & Industry Forecast 2016-2024
1Global Automotive Sensors Market Outlook
Global Automotive Sensors Market Outlook 2024
Opportunity Growth Analysis, 2016-2024
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2Global Automotive Sensors Market Outlook
Global Automotive Sensors Market Share(), By
Region-2016-2024
Global Automotive Sensors Market Size USD
(Billion). 2016-2024
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In 2016, Passenger Cars accounted for the highest
market share XX in global Automotive Sensors
market
With XX share in 2016, Asia-Pacific dominated
the global Automotive Sensors market
Global Automotive Sensors Market Share (), By
Vehicle Type- 2016
Global Automotive Sensors Market Share (), By
Applications -2016
Global Automotive Sensors Market Share(), By
Sensors Type-2016
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3Global Automotive Sensors Market Outlook
- Tech companies like Apple and Alphabet, parent of
Google, have now realized that they dont need to
build hardware to win the autonomy game. Their
collective conclusion is that they will never
beat the auto industry at making a car the
body and instead should focus on what they do
best building revolutionary software platforms
the mind this time in self-driving AI. - Huge tech companies are leveraging their software
resources and experience to master machine
learning so that their AI platform minds can not
only sense the environment but also independently
learn how to make more intelligent decisions
about vehicle operation. Any aspirations to
compete head-tohead with the automakers in making
an actual vehicle have fallen by the wayside. - Intelligent mechanics can save fuel, reduce
emissions, ease the flow of traffic, improve
transportation and supply services. Moreover, the
future of autonomous cars promises to save
millions of lives by minimizing accidents caused
by human error, making driving experience as safe
as enjoyable. - Legal and ethical problems are hard to solve
because their clues are outside the direct
influence of the automotive industry and largely
depend on the local governments. On the other
hand, autonomous driving technology is improving
faster and faster as more OEMs and Tier 1 vendors
join the race to create autonomous cars. - A few years ago, sensor quality and cost were the
hot spot of every discussion about the driverless
future as the potential niche for business
investments. Google used a LIDAR system priced at
around USD 75,000 per unit, which was half the
total cost around USD 150,000 of each of
their driverless vehicles. These prices made
self-driving cars a dead weight for the global
market because a single travel on a self-driving
car was tended to cost impossible sum comparable
to owning a private jet.
Emergence of Artificial Intelligence
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Technological Advancements
Emergence of Electric and Autonomous Vehicles
Growing RD Investments
Global Automotive Sensors Market Size (USD
Billion)
North America
Europe
Asia-Pacific
USD XX Billion
2016
USD XX Billion
USD XX Billion
2024
USD XX Billion
USD XX Billion
USD XX Billion
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4Global Automotive Sensors Market Size (USD
Billion)-2016-2024
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- Global Automotive Sensors Market is anticipated
to expand at a compound annual growth rate of XX
during the forecast period i.e. 2016-2024. The
automotive sensor market remains an attractive
and still-expanding market characterised by high
production volumes together with high reliability
and low cost. Existing sensors will continue to
find new applications, building upon their
historical track record of performance, and new
sensors will emerge to improve system
functionality. - A typical top-of-the-range vehicle will comprise
over 30 electrical/electronic systems and more
than 100 sensors. Although some sensor
applications have been dominated by one specific
technology, e.g. accelerometers and silicon
microengineering, a number of sensor technologies
do co-exist and compete within a given
application. - The past few decades have witnessed the
development and deployment of a range of sensing
technologies that have both supported and enabled
the introduction of advanced electronic systems.
The environment for these sensors continues to be
increasingly challenging with respect to
robustness, reliability, quality and cost.
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- Huge RD Activities by Major Technology and
Automotive Companies - The traditional automakers are no longer simply
working on adding self-parking and other
driver-assistance technologies to luxury cars.
Perhaps concerned that they will become hardware
manufacturers subservient to powerful operating
systems providers, as we have seen play out in
other industries, they are now preparing for a
future of full autonomy. - Some are signaling the seriousness of their
intentions through high-profile personnel
changes For example, Jim Hackett, the former
leader of Fords autonomous vehicle efforts, was
recently named CEO of the automaker. Others are
taking their intentions directly to investors and
the public, such as when GMs CEO Mary Barra
recently told The New York Times, We definitely
want to be first to develop a fully autonomous
car. GM is now mass producing self-driving Chevy
Bolts to create the largest fleet of autonomous
vehicles to date. - With the self-driving mind outsourced to a
leading tech player, however, a wide range of
auto OEMs will have to partner with the platform
and produce competitive self-driving vehicle
hardware. The potentially huge demand and range
of uses for autonomous vehicles could support a
wide range of producers of the bodies again,
similar to the range of PC and smartphone OEMs
running Windows and Android, respectively.
Total autonomy-related U.S. patent filings,
select tech players (2007-2016)
Total autonomy-related patent filings by OEM,
2007--2016
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- Impact Analysis-
- Of course, the race wont be over once we get
from 0 to 1. Instead, it will shift into the next
gear as an even wider range of companies
including mobility-as-a-service firms like Uber
fight to make their model of autonomous mobility
widespread. In other words, the journey from 1 to
100 will begin.
6- Technology and Cost Related Challenges To the
Future Technologies - Relying on sensors, software, and GPS data, an
autonomous vehicle processes nearly 4,000
gigabytes of data daily. Advanced machine
learning algorithms need timely updated data to
react to the ever-changing environment. A
continuous exchange of data between vehicles and
the cloud can overload data networks and data
storage, creating additional challenges for
software vendors. - Currently, map providers are putting every effort
into reducing the volume of data transferred
between a vehicle and the cloud by trying to
maximize the amount of data processed within the
vehicle itself. One proposed solution is a
so-called self-healing map that would use
on-board AI algorithms and deep learning
capabilities to navigate without stepping too far
to the cloud. - Advanced V2V communication systems will make it
much easier for autonomous vehicles to understand
traffic behavior. Essentially, this is because
vehicles will communicate in their own language
among each other. Currently, a vehicles AI has
to adapt to the human-made system of signs and
signals to predict the movements of other
human-driven vehicles.
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- Impact Analysis-
- Impact Analysis-
- As many as 50 start-ups are out to get costs way
down, along with the research and development
departments at automakers and auto industry
suppliers, and Silicon Valley giants such as
Google and Apple. Much of their focus is on the
most expensive item in the computerized system
that controls a robot car laser-based sensors,
or lidar. - Traditional auto suppliers such as Continental
and Bosch are working on lidar systems. Some,
such as Delphi (recently renamed Aptiv) and
Magna, have struck partnerships with smaller
lidar companies.
Impact on Global Automotive Sensors Market
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Global Automotive Sensors Market Share (), By
Sensors Type, 2016-2024
- Temperature sensing and control are among the
most important and well-established functions in
automotive electronics. In automotive electronics
they are found especially in climate control and
powertrain applications. - By the end of 2018, spending on pressure sensors,
motion sensors and MEMS will be USD XX Billion.
Further, it is estimated that procurement of
technologies will accelerate in the next 3 years
from USD XX billion to USD XX billion. At this
pace, by 2024 the market share of temperate gas
sensors is estimated to reach XX, with a market
size of USD XX billion by 2024. - Sensors integrated with electronics,
communications and computer intelligence are
poised for a growth surge. "Smart sensors" or
"intelligent sensors" are integrated sensors with
intelligence and will be used in conjunction with
many other types of devices, achieving the
ultimate goal of the creating the first true
"smart cars."
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Global Automotive Sensors Market Y-O-Y Growth, By
Sensors Type, 2016-2024
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Global Automotive Sensors Market Size (USD
Billion), By Sensors Type -2016-2024
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8Global Automotive Sensors Market
Attractiveness-By Sensors Type, 2016-2024
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CAGR ()
Sample
Market Size (USD Billion)
Others
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Water based adhesive segment holds the largest
revenue share in the global Automotive Sensors
market as this segment constitutes which is
impacted by the rising cognizance among the
household users and thus it is likely to expand
at XX CAGR during the forecast
period. Automotive Sensors market is relying on
the adoption of EHR (Electronic health record)
software by various healthcare facility providers
in order to stand ahead in future. Behavioral
health EHR creates a world of difference to the
staff and patients and goes the extra mile giving
advanced capabilities such as it include support
for documenting violence risk factors, suicide
risk factors, or sadness scales.
Global Automotive Sensors Market BPS Analysis- By
Sensors Type, 2016-2024
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9North America Automotive Sensors Market Size (USD
Billion)-2016-2024
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North America Automotive Sensors Market Size (USD
Billion), By Sensors Type -2016-2024
North America Automotive Sensors Market Size
(USD Billions), By Country-2016-2024
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Robert Bosch GmbH (Company Overview Business
Strategy)
Founded 1886
Website www.bosch.com
Employees 400,500
Headquarters Germany
Company Overview
Major Products Services
Mobility
At Home
Industry and Trades
Connected Products and Services
Market Specific Solutions
- Robert Bosch GmbH is a world leading
multinational engineering and electronics company
headquartered in Gerlingen, near Stuttgart,
Germany. - The company was founded by Robert Bosch in
Stuttgart in 1886. Bosch is 92 owned by Robert
Bosch Stiftung. - Bosch's core operating areas are spread across
four business sectors mobility solutions,
consumer goods (including household appliances
and power tools), industrial technology
(including drive and control) and energy and
building technology - Microsoft provides software solutions and
operating systems to various entities - Microsoft is one of the emerging large scale
industry in internet of things (IoT) with
advanced support services
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Business Strategy
- Acquisitions Research and Development
- Diversified offerings The operating business
deals in core products such as brakes, controls,
electronics, electrical drives, starter motors
steering systems fuel systems, generators,
industrial products, such as drives and controls,
packaging technology and consumer goods and
household appliances, power tools, security
systems, thermotechnology and building products. - Strong Network of Associate companies Co-creation
of the offerings with the help of the associates
in different countries is what helping the
company in being Glo-cal while at the same time
being competitively ahead of its competitors. It
has 133,974 associates in Germany, 102680 in
Europe (excluding Germany), 42627 in America and
110000 in Asia and other countries. It competes
with companies such as Gabriel, Tyco, Pelco and
many others on the basis of innovative solutions,
reaches in the market, distribution network,
quality of products, precision price.
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