Automotive Rain Sensor Market Share

  • Report ID: 4637
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Automotive Rain Sensor Market Share

Regionally, the global automotive rain sensor market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Europe is projected to hold the largest market share by the end of 2037, backed by the presence of a strong automobile network in the region, a growing number of vehicle fleets, as well as the rising demand for autonomous vehicles with high-end technologies amongst automobile users. For instance, it is expected that autonomous vehicles will account for 1 in 4 new vehicle sales in the European Union by 2030.

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Author Credits:  Saima Khursheed


  • Report ID: 4637
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive rain sensor is evaluated at USD 5.95 billion.

The automotive rain sensor market size was valued at USD 5.68 billion in 2024 and is likely to exceed USD 11.99 billion by the end of 2037, registering over 6.1% CAGR during the forecast period i.e., between 2025-2037. Increasing Use of advanced technologies such as radar, sensors, and software along with advanced driving assist functions will propel the market growth.

Europe is anticipated to hold largest industry share by 2037, backed by presence of a strong automobile network in the region, a growing number of vehicle fleets, as well as the rising demand for autonomous vehicles with high-end technologies amongst automobile users.

The major players in the market include Vishay Intertechnology, Inc., Tesla, Casco Schoeller GmbH, Ford Motor Company, Xenso, Denso Corporation, HELLA GmbH & Co. KGaA, ams OSRAM, Hamamatsu Group, Leopold Kostal GmbH & Co. KG.
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