Automotive Ultrasonic Sensors Market COVID-19 Impact Analysis By Segmentations, Key Company Profiles & Demand 1 ©P&SIntelligence.Allrightsreserved
Automakers are incorporating ultrasonic sensors due to the growing concerns regarding vehicle safety, which have impelled governments to implement mandatory policies to install safety features such as park assist and self-parking. These advanced driver-assistance systems (ADAS) aid in the transition toward autonomous vehicles, by enhancing the comfort and driving experience. Hence, the shift toward autonomous vehicles will fuel the automotive ultrasonic sensors market growth at a CAGR of 5.1% during 2020–2030. According to P&S Intelligence, the market value will rise from $3,461.9 million in 2019 to $6,096.2 million in 2030. Request to Get the Sample Report: https://www.psmarketresearch.com/market- analysis/automotive-ultrasonic-sensors-market/report-sample Currently, automotive component companies are continuously innovating and updating their sensors to meet the spurring demand from autonomous vehicle manufacturers. For instance, TDK Corp., in September 2019, introduced its new series of ultrasonic sensor disks. This product is based on ceramics, and it would aid in interior monitoring for anti-theft systems, park assistance, and level measurement for selective catalytic reduction (SCR) and fuel tanks. Furthermore, Asia-Pacific (APAC) is expected to display the fastest growth in the global automotive ultrasonic sensors market throughout the forecast period. The APAC market is led by China, as it is a major hub for the automotive sector in the world. Automobile manufacturers of China are constantly working on achieving technological innovations in vehicles, so that they can be imparted with fully autonomous driving capabilities. Owing to these innovations, the country is expected to generate a high demand for automotive ultrasonic sensors in the coming years. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send- enquiry?enquiry-url=automotive-ultrasonic-sensors-market Thus, the gradual shift toward autonomous vehicles and strong focus on vehicle safety has led to the large-scale adoption of ultrasonic sensors in the automobile industry.
Market Segmentation by Vehicle Autonomy •Semi-Autonomous Vehicle oLevel 1 oLevel 2 oLevel 3 •Fully-Autonomous Vehicle oLevel 4 oLevel 5 Market Segmentation by Vehicle Type •Passenger Car oConventional fuel car oAlternative fuel car •Commercial Vehicle oLight commercial vehicle (LCV) oMedium and heavy commercial vehicle (M&HCV) Market Segmentation by Type •Proximity Detection •Range Measurement Market Segmentation by Application •Park Assist •Self-Parking •Blind Spot Detection (BSD) •Others Market Segmentation by Region •North America Automotive Ultrasonic Sensors Market oBy vehicle autonomy oBy vehicle type oBy type oBy application oBy country – U.S. and Canada •Europe Automotive Ultrasonic Sensors Market oBy vehicle autonomy oBy vehicle type oBy type oBy application oBy country – Germany, U.K., France, Italy, Spain, Netherlands, and Rest of Europe •Asia-Pacific (APAC) Automotive Ultrasonic Sensors Market oBy vehicle autonomy oBy vehicle type oBy type oBy application oBy country – China, Japan, India, South Korea, and Rest of APAC •Latin America, Middle East, and Africa (LAMEA) Automotive Ultrasonic Sensors Market
oBy vehicle autonomy oBy vehicle type oBy type oBy application oBy country – Brazil, Mexico, South Africa, and Rest of LAMEA This study covers •Historical and the present size of the Automotive Ultrasonic Sensors Market •Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved
Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd.
Kindly write to: firstname.lastname@example.org B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved