Global Motor Vehicle Sensors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Physical Property, Process Variable, Proximity & Positioning, Chemical Property and Others.

By Application;

Engine & Drivetrain, Safety & Security, Emission Control and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn257825095 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Motor Vehicle Sensors Market (USD Million), 2021 - 2031

In the year 2024, the Global Motor Vehicle Sensors Market was valued at USD 28,950.24 million. The size of this market is expected to increase to USD 47,099.44 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

An alternative fuel vehicle refers to any vehicle that uses fuels other than traditional petroleum-based options like gasoline or diesel. These vehicles, such as electric vehicles, hybrid electric vehicles, and solar-powered vehicles, are gaining popularity due to their potential to reduce consumer fuel costs, lower emissions, and enhance national energy security. The increasing adoption of alternative fuel vehicles is expected to drive a significant demand for car sensors.

Moreover, advancements in automotive technology have expanded the scope of electrification in vehicles. The integration of Advanced Driver Assistance Systems (ADAS) has significantly enhanced the use of sensors in automobiles. Vehicle electrification, especially in systems like transmission, temperature control, powertrain, safety features, and exhaust systems, has seen substantial growth. The introduction of sophisticated technologies such as Anti-lock Braking System (ABS), Electronic Brake Distribution (EBD), airbags, and traction control has led to a surge in sensor installations in passenger cars. This trend is driven by improving economic conditions, evolving consumer preferences for enhanced safety and comfort standards, and the ongoing technological advancements in the automotive industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Motor Vehicle Sensors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automotive Innovation
        2. Stringent Emission Regulations
        3. Rising Vehicle Safety Standards
        4. Increasing Adoption of ADAS
      2. Restraints
        1. High Initial Investment Costs
        2. Complex Integration Challenges
        3. Supply Chain Disruptions
        4. Regulatory Uncertainty
      3. Opportunities
        1. Expansion in Autonomous Vehicles
        2. Demand for IoT-enabled Sensors
        3. Emerging Markets in Asia Pacific
        4. Technological Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Motor Vehicle Sensors Market, By Product, 2021 - 2031 (USD Million)
      1. Physical Property
      2. Process Variable
      3. Proximity & Positioning
      4. Chemical Property
      5. Others
    2. Global Motor Vehicle Sensors Market, By Application, 2021- 2031 (USD Million)
      1. Engine & Drivetrain
      2. Safety & Security
      3. Emission Control
      4. Others
    3. Global Motor Vehicle Sensors Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Agilent Technologies
      2. AMETEK Inc
      3. Analog Devices Inc
      4. Ashcroft Holdings
      5. Autoliv Inc
      6. Banner Engineering
  7. Analyst Views
  8. Future Outlook of the Market