The Europe automotive sensors market accounted for US$ 2.13 Bn in 2018 and is expected to grow at a CAGR of 6.8% over the forecast period 2019-2027, to account for US$ 3.83 Bn in 2027.
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The automotive industry continues to face mounting pressure to integrate advanced electronics and semiconductor components into vehicles to improve overall performance. A key driver of this trend is the growing shift toward vehicle electrification, which is significantly boosting the demand for sensors across the automotive sector. As a result, automakers are increasingly forming strategic partnerships with sensor manufacturers to meet evolving customer expectations for enhanced safety, reliability, and performance.
For example, in January 2018, Audi AG collaborated with ON Semiconductor to incorporate the company’s innovative semiconductor technologies into its newer vehicle models. This partnership reflects a broader industry trend, where continuous innovation is essential to address the dynamic demands of modern consumers. Additionally, ON Semiconductor was selected by the Mercedes EQ Formula E Team to support the development of next-generation electric power solutions aimed at boosting vehicle efficiency and performance. These alliances underscore the critical role of automotive-semiconductor partnerships in driving market growth.
The electric vehicle (EV) segment, in particular, is attracting intense interest from global automotive leaders such as Tesla, BMW, Nissan, Ford, and Volkswagen. EVs rely heavily on a wide range of sensors to enhance vehicle reliability, safety, and efficiency. As a result, both automakers and semiconductor manufacturers are actively investing in the development of advanced electronic and semiconductor solutions to deliver high-performance, technologically advanced vehicles.
Modern automotive OEMs are integrating smart sensors and embedded computing systems into various vehicle components, including dashboards, seats, climate controls, and mirrors. Sensors are also embedded in critical systems such as braking, battery management, and electric motors. With EV production rapidly increasing, the demand for semiconductors and electronic components is soaring. To capitalize on this growth, automotive companies must continue to strengthen collaborations with sensor manufacturers. These partnerships are expected to be a key growth driver for the automotive sensors market across Europe.
Germany is poised to lead the European automotive sensors market throughout the forecast period. As one of the world’s top automobile producers, Germany is home to major car manufacturers such as Volkswagen, BMW AG, and Audi. The country manufactures a large volume of both passenger and commercial vehicles annually, supporting strong demand for advanced automotive semiconductors. Furthermore, Germany is a pioneer in legalizing autonomous vehicles and stands as the largest electronics producer in the region, with automotive electronics comprising the largest segment. This strong industrial foundation positions Germany as a central player in the growth of Europe’s automotive sensors market.
Europe Automotive Sensors Market Segmentation
Europe Automotive Sensors Market by Type
- LED
- Image Sensor
- Position Sensor
- Temperature Sensor
- Pressure Sensor
- MEMS
- Others
Europe Automotive Sensors Market by Application
- Chassis
- Safety & Security
- Body Electronics
- Powertrain
- ADAS
- Others
Europe Automotive Sensors Market by Vehicle Type
- LCV
- HCV
- Passenger Car
Europe Automotive Sensors Market by Country
- France
- Germany
- Italy
- Russia
- UK
- Rest of Europe
Europe Automotive Sensors Market Companies Mentioned
- Analog Devices Inc.
- Continental AG
- DELPHI TECHNOLOGIES PLC
- Denso Corporation
- Infineon Technologies
- Melexis
- NXP Semiconductors NV
- ON Semiconductors
- Robert Bosch GmbH
- Texas Instruments Incorporated
Europe Automotive Sensors Market Strategic Insights
Strategic insights for the Europe Automotive Sensors provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Europe Automotive Sensors Market Regional Insights
The geographic scope of the Europe Automotive Sensors refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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