Autonomous Vehicle Sensors Market size to grow by 42.32 million units; Development of an autonomous fleet of cab and parcel delivery services emerge as key trend -- Technavio

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Oct 05, 2022, 04:30 ET

NEW YORK, Oct. 5, 2022 /PRNewswire/ -- The "Global Autonomous Vehicle Sensors Market by Product and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. According to the report, the market size will grow by 42.32 million units, accelerating at a CAGR of 20.34% during the forecast period. Technavio has considered various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report Here to get an idea of the overall scope of the full report.

Technavio has announced its latest market research report titled Global Autonomous Vehicle Sensors Market 2022-2026

The development of an autonomous fleet of cab and parcel delivery services is identified as one of the major trends in the market. Major automobile manufacturers have been focusing on the development of autonomous technologies for cab and delivery services. For instance, Mercedes Benz entered into a partnership with Uber to develop autonomous cabs by 2021. Similarly, Ford entered into a partnership with Lyft, an online ride-sharing company, to develop a fleet of autonomous taxis by 2021. Ford is developing an automotive AI that can be integrated into the vehicles under Lyft. The partnership mainly allows Ford to leverage the entire fleet owned by Lyft for testing the capabilities of automotive AI. This trend is expected to have a positive impact on the growth of the market during the forecast period.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The autonomous vehicle sensors market report covers the following areas:

Autonomous Vehicle Sensors Market Size
Autonomous Vehicle Sensors Market Trends
Autonomous Vehicle Sensors Market Industry Analysis

Technavio categorizes the global autonomous vehicle sensors market as a part of the global auto parts and equipment market within the global auto components market. The global auto parts and equipment market covers companies engaged in the production of parts and accessories for automobiles like passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, and off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. The growth of the parent market will be driven by the increase in electronic components in automobiles and the integration of safety systems.

The market in focus will be driven by the maturing autonomous vehicle concept. However, system reliability and uncertainty in user acceptance of autonomous features might hamper the market growth. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Aptiv Plc, Asahi Kasei Corp., Brigade Electronics Group Plc, Continental AG, Denso Corp., First Sensor AG, Gentex Corp., HELLA GmbH and Co. KG, Ibeo Automotive Systems GmbH, LeddarTech Inc., Lumentum Holdings Inc., Mitsubishi Electric Corp., Nidec Corp., NXP Semiconductors NV, ON Semiconductor Corp., PIXELPLUS Co. Ltd, Robert Bosch GmbH, Siemens AG, STMicroelectronics NV, and Valeo SA are identified as major market participants.

Autonomous Vehicle Sensors Market 2022-2026: Segmentation

The global autonomous vehicle sensors market is segmented as below:

Product

Image Sensors
Radar Sensors
LiDAR Sensors
Other Sensors

Geography

North America
Europe
APAC
South America
The Middle East And Africa

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Autonomous Vehicle Sensors Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist autonomous vehicle sensors market growth during the next five years
Estimation of the autonomous vehicle sensors market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the autonomous vehicle sensors market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of autonomous vehicle sensors market vendors

Related Reports:

Autonomous Vehicle Sensors Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 20.34%
Market growth 2022-2026	42.32 million units
Market structure	Fragmented
YoY growth (%)	9.68
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 37%
Key consumer countries	US, China, Japan, Germany, and France
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Aptiv Plc, Asahi Kasei Corp., Brigade Electronics Group Plc, Continental AG, Denso Corp., First Sensor AG, Gentex Corp., HELLA GmbH and Co. KG, Ibeo Automotive Systems GmbH, LeddarTech Inc., Lumentum Holdings Inc., Mitsubishi Electric Corp., Nidec Corp., NXP Semiconductors NV, ON Semiconductor Corp., PIXELPLUS Co. Ltd, Robert Bosch GmbH, Siemens AG, STMicroelectronics NV, and Valeo SA
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (million units)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (million units)
Exhibit 15: Chart on Global Market- Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market- Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments

Exhibit 24: Chart on Product - Market share 2021-2026 (%)
Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

5.2 Comparison by Product

Exhibit 26: Chart on Comparison by Product
Exhibit 27: Data Table on Comparison by Product

5.3 Image sensors - Market size and forecast 2021-2026

Exhibit 28: Chart on Image sensors - Market size and forecast 2021-2026 (million units)
Exhibit 29: Data Table on Image sensors - Market size and forecast 2021-2026 (million units)
Exhibit 30: Chart on Image sensors - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Image sensors - Year-over-year growth 2021-2026 (%)

5.4 Radar sensors - Market size and forecast 2021-2026

Exhibit 32: Chart on Radar sensors - Market size and forecast 2021-2026 (million units)
Exhibit 33: Data Table on Radar sensors - Market size and forecast 2021-2026 (million units)
Exhibit 34: Chart on Radar sensors - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Radar sensors - Year-over-year growth 2021-2026 (%)

5.5 LiDAR sensors - Market size and forecast 2021-2026

Exhibit 36: Chart on LiDAR sensors - Market size and forecast 2021-2026 (million units)
Exhibit 37: Data Table on LiDAR sensors - Market size and forecast 2021-2026 (million units)
Exhibit 38: Chart on LiDAR sensors - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on LiDAR sensors - Year-over-year growth 2021-2026 (%)

5.6 Other sensors - Market size and forecast 2021-2026

Exhibit 40: Chart on Other sensors - Market size and forecast 2021-2026 (million units)
Exhibit 41: Data Table on Other sensors - Market size and forecast 2021-2026 (million units)
Exhibit 42: Chart on Other sensors - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Other sensors - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Product

Exhibit 44: Market opportunity by Product (million units)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 46: Chart on Market share by geography 2021-2026 (%)
Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 50: Chart on North America - Market size and forecast 2021-2026 (million units)
Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 (million units)
Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 (million units)
Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 (million units)
Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 (million units)
Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 (million units)
Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 62: Chart on South America - Market size and forecast 2021-2026 (million units)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 (million units)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 (million units)
Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (million units)
Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 70: Chart on US - Market size and forecast 2021-2026 (million units)
Exhibit 71: Data Table on US - Market size and forecast 2021-2026 (million units)
Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 Germany - Market size and forecast 2021-2026

Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 (million units)
Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 (million units)
Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.10 China - Market size and forecast 2021-2026

Exhibit 78: Chart on China - Market size and forecast 2021-2026 (million units)
Exhibit 79: Data Table on China - Market size and forecast 2021-2026 (million units)
Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

7.11 Japan - Market size and forecast 2021-2026

Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 (million units)
Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 (million units)
Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.12 France - Market size and forecast 2021-2026

Exhibit 86: Chart on France - Market size and forecast 2021-2026 (million units)
Exhibit 87: Data Table on France - Market size and forecast 2021-2026 (million units)
Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 90: Market opportunity by geography (million units)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 93: Overview on factors of disruption

9.4 Industry risks

Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 95: Vendors covered

10.2 Market positioning of vendors

Exhibit 96: Matrix on vendor position and classification

10.3 Aptiv Plc

Exhibit 97: Aptiv Plc - Overview
Exhibit 98: Aptiv Plc - Business segments
Exhibit 99: Aptiv Plc - Key news
Exhibit 100: Aptiv Plc - Key offerings
Exhibit 101: Aptiv Plc - Segment focus

10.4 Asahi Kasei Corp.

Exhibit 102: Asahi Kasei Corp. - Overview
Exhibit 103: Asahi Kasei Corp. - Business segments
Exhibit 104: Asahi Kasei Corp. - Key news
Exhibit 105: Asahi Kasei Corp. - Key offerings
Exhibit 106: Asahi Kasei Corp. - Segment focus

10.5 Continental AG

Exhibit 107: Continental AG - Overview
Exhibit 108: Continental AG - Business segments
Exhibit 109: Continental AG - Key news
Exhibit 110: Continental AG - Key offerings
Exhibit 111: Continental AG - Segment focus

10.6 Denso Corp.

Exhibit 112: Denso Corp. - Overview
Exhibit 113: Denso Corp. - Business segments
Exhibit 114: Denso Corp. - Key news
Exhibit 115: Denso Corp. - Key offerings
Exhibit 116: Denso Corp. - Segment focus

10.7 HELLA GmbH and Co. KG

Exhibit 117: HELLA GmbH and Co. KG - Overview
Exhibit 118: HELLA GmbH and Co. KG - Business segments
Exhibit 119: HELLA GmbH and Co. KG - Key offerings
Exhibit 120: HELLA GmbH and Co. KG - Segment focus

10.8 Mitsubishi Electric Corp.

Exhibit 121: Mitsubishi Electric Corp. - Overview
Exhibit 122: Mitsubishi Electric Corp. - Business segments
Exhibit 123: Mitsubishi Electric Corp. - Key news
Exhibit 124: Mitsubishi Electric Corp. - Key offerings
Exhibit 125: Mitsubishi Electric Corp. - Segment focus

10.9 NXP Semiconductors NV

Exhibit 126: NXP Semiconductors NV - Overview
Exhibit 127: NXP Semiconductors NV - Product / Service
Exhibit 128: NXP Semiconductors NV - Key news
Exhibit 129: NXP Semiconductors NV - Key offerings

10.10 Robert Bosch GmbH

Exhibit 130: Robert Bosch GmbH - Overview
Exhibit 131: Robert Bosch GmbH - Business segments
Exhibit 132: Robert Bosch GmbH - Key news
Exhibit 133: Robert Bosch GmbH - Key offerings
Exhibit 134: Robert Bosch GmbH - Segment focus

10.11 Siemens AG

Exhibit 135: Siemens AG - Overview
Exhibit 136: Siemens AG - Business segments
Exhibit 137: Siemens AG - Key news
Exhibit 138: Siemens AG - Key offerings
Exhibit 139: Siemens AG - Segment focus

10.12 Valeo SA

Exhibit 140: Valeo SA - Overview
Exhibit 141: Valeo SA - Business segments
Exhibit 142: Valeo SA - Key news
Exhibit 143: Valeo SA - Key offerings
Exhibit 144: Valeo SA - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 145: Inclusions checklist
Exhibit 146: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 147: Currency conversion rates for US$

11.4 Research methodology

Exhibit 148: Research methodology
Exhibit 149: Validation techniques employed for market sizing
Exhibit 150: Information sources

11.5 List of abbreviations

Exhibit 151: List of abbreviations

Cooling systems parts

Vehicle body and chassis

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