Powertrain_Body_Chasis&SafetyPowertrain, Body, Chassis & Safety

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Author: Ian Riches
Publication Date: Jan 24 2023
Pages: 2
Report Type: Data Table, Excel
Powertrain, Body, Chassis and Safety

Automotive Sensor Demand 2020 to 2029 - Dashboard - January 2023



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Report Summary:

This update shows slightly better 2023 performance than previously expected.  This is largely due to increased expected vehicle production in China.  However, the long-term production outlook is slightly down on previous projections.  The market for packaged automotive sensors is thus expected to grow at a CAAGR of 6.2% over 2022 to 2027.  This is above the expected vehicle production growth of 4.0%, showing rising sensor content per vehicle.  This is despite the transition to EVs, which due to the deletion of the internal combustion engine and a simpler transmission, have fewer sensors.

This download contains an easy-to-use dashboard that allows high-level visualization of the automotive packaged sensor market.

Note: This forecast does not capture demand from “system-level” sensors such as RADARs and LiDARs.  It does include demand from camera and ultrasonic sensors.  A full assessment of the ADAS sensor market can be seen in the “Advanced Driver Assistance Systems Forecast” series of reports. 

Table of Contents

  1. Cover Page
  2. Sensor Dashboard

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