Categories: Chemical & Material
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Automotive Crash Transducer Market Overview
The Automotive Crash Transducer Market is segmented into Types, Current Trends, Growth Factors, Regional Analysis and Competitive Analysis. The report provides a thorough analysis of the market share, market size, growth rate and forecast in different regions. The study analyzes the impact of major trends such as government regulations and on the global automotive crash transducer market and makes appropriate comparisons between both global as well as regional levels.
Automotive Crash Transducers market is projected to reach USD 3.2 billion in 2019 to USD 5.0 billion by 2022, at a CAGR of 9.34 % during the period 2022-2028
In recent scenario, OEMs are promoting the use of sensors in automobiles and trucks to obtain real time data on the safety of the vehicle. This has led to the emergence of advanced transducers that can be used both in a standalone mode and as embedded features on vehicle systems. Moreover, integration with business analytics software will further support the growth of this market over next few years.
The automotive industry is expected to witness an unprecedented growth, which will be aided by key factors such as increasing consumer preference for SUV and pickup vehicles, changing road infrastructure and increasing consumer purchasing behavior. The Automotive Crash Transducer Market is primarily driven by factors such as rising demand for advanced equipment, growing sales of light commercial vehicles and rising industrial market. The rapid rise in the automotive industry is expected to propel the growth of the market in coming years.
Automotive crash transducers are used to measure and monitor a car's dynamic response during an accident. These sensors can determine the forces exerted upon a vehicle by crash collisions, which helps in improving automotive safety. Crash transducers are typically built with high levels of accuracy and can withstand pressure, heat and vibration. However, they are not as specific as other sensors such as accelerometers.
Instance Developments
May 24, 2022- Continental expands its broad sensor portfolio with two new sensors for electric vehicles: the Current Sensor Module (CSM) and Battery Impact Detection (BID) system. Both new solutions focus on battery protection and/or maintenance of battery parameters. Continental will start manufacturing a completely new high-voltage current sensor module (CSM) in 2022. This compact modular sensor design measures current while sensing temperature. Both values ??are highly relevant as inputs for battery management. Continental presents another innovative element of battery protection. Battery Impact Detection (BID) solutions are lightweight alternative to heavy underbody 'armor' against damage.
August 25, 2020- Technology Company Continental reached a production milestone this month, helping to keep millions of vehicles safe. Continental's North American Advanced Driver Assistance Systems (ADAS) business unit today announced it has produced 30 million radar sensors. These sensors are critical safety components and building blocks of automated driving.
Automotive Crash Transducer Market Scope:
Automotive Crash Transducer Market Scope: | Key Segments | ||
Market Outlook | Details | by Type | o Pressure Sensor o Speed Sensors o Temperature Sensors o Gas Sensors o Level Sensors o Position Sensors |
Historical facts | 2018-2022 | by Applications | o Passenger Vehicle o Commercial Vehicle |
Projection Period | 2022-2028 | Key Vendors Profiled | o Continental o DENSO o Sensata Technologies o Delphi Automotive o Analog Devices o Vishay Intertechnology o Bosch Sensotech o Infineon Technologies o STMicroelectronics |
Base Year: | 2021 | by Region | o North America o Europe o Asia Pacific o Middle East and Africa o South America |
Growth Rate (CAGR) | 9.34% | ||
Market Size Estimation in 2020 | US $ 3.2 Bn. | ||
Market Size Estimation in 2027 | US $ 5.0 Bn. |
Frequently Asked Questions
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Base Year:2021
Historical Data:2018-2022
No of Pages:121
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