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Automotive Electronics Sensor Aftermarket Market Share

ID: MRFR//6239-CR | 188 Pages | Author: Swapnil Palwe| April 2019

Introduction: Navigating the Competitive Landscape of Automotive Electronics Sensors

The aftermarket for car sensors is experiencing a new era of competition, a result of technological developments, regulatory changes and consumers’ increased demand for safety and connection. This new landscape is populated by a wide range of players: original equipment manufacturers, IT system integrators, system suppliers and innovators in the field of artificial intelligence. IT system integrators focus on offering seamless connectivity solutions, while original equipment manufacturers are able to rely on their brand trust and integration capabilities. Artificial intelligence innovators are disrupting the status quo with their advanced analytics and automation, which are enhancing the performance of sensors and enabling better use of data. The development of technology-based differentiators such as IoT integration, biometrics for enhancing security and green vehicle initiatives is reshaping the competition and influencing the positioning of the players. As we look ahead to 2024–2025, we see promising opportunities for growth in Asia-Pacific and North America, where strategic deployment of smart sensors will result in market engagement and operational efficiencies.

Competitive Positioning

Full-Suite Integrators

These vendors provide comprehensive solutions encompassing a wide range of automotive electronics sensors.

VendorCompetitive EdgeSolution FocusRegional Focus
Bosch Industry leader with extensive product range Automotive sensors and systems Global
Denso Strong OEM partnerships and innovation Automotive electronics and sensors Asia, North America, Europe
Continental Integrated solutions for vehicle safety Automotive electronics and sensors Global

Specialized Technology Vendors

These vendors focus on specific technologies or components within the automotive sensor market.

VendorCompetitive EdgeSolution FocusRegional Focus
STMicroelectronics Diverse semiconductor solutions MEMS and sensor technologies Global
Analog Devices High-performance analog and mixed-signal solutions Sensor signal processing Global
Infineon Technologies Expertise in power management and sensors Automotive semiconductors and sensors Global
Texas Instruments Broad portfolio of analog and embedded processing Sensor interface solutions Global
Microchip Technology Microcontroller and analog solutions Automotive sensor interfaces Global

Infrastructure & Equipment Providers

These vendors supply the necessary infrastructure and equipment for automotive sensor applications.

VendorCompetitive EdgeSolution FocusRegional Focus
Honeywell Robust sensor technology for various applications Pressure and position sensors Global
Vishay Intertechnology Wide range of passive components Resistors and capacitors for sensors Global
Fairchild Semiconductor Innovative power management solutions Power semiconductors for sensors Global
Maxim Integrated Low-power analog solutions Sensor interface and power management Global
NXP Semiconductors Strong automotive focus with security features Automotive microcontrollers and sensors Global
Renesas Electronics Comprehensive automotive solutions Microcontrollers and sensors Global
Toshiba Expertise in power and analog solutions Automotive power management Global

Emerging Players & Regional Champions

  • Sensata Technologies, Inc., a supplier of pressure and temperature sensors for the automobile industry, has just been awarded a contract by a major manufacturer for advanced driver-assistance systems. It is a supplier of sensor fusion technology, which complements the established suppliers.
  • Aptiv (global) specializes in smart vehicle architecture and sensors. It recently signed a contract with a major electric vehicle manufacturer to improve its sensors. The company is challenging the established players by integrating AI-based analytics into its products.
  • NXP Semiconductors, the Dutch corporation, makes a wide range of sensors and controllers for automobiles. It has recently introduced a new line of automobile sensors, and is thus a serious competitor of the old-line manufacturers.
  • Provides a variety of sensors for the automotive industry, including current and position sensors. It has expanded its product line to include IoT-enabled sensors that are now competing with established suppliers by offering enhanced data and connectivity capabilities.
  • TE Connectivity (Switzerland) – Known for its rugged sensors, the company recently signed a strategic alliance with a leading developer of automotive software to develop integrated sensors, thus complementing the traditional sensor manufacturers by offering a greater degree of integration.

Regional Trends: In 2023, the trend towards the use of advanced sensors in North America and Europe will be accelerated by the growing demand for electric and self-driving vehicles. The focus will be on the integration of IoT and AI into vehicle sensors to improve data collection and analysis. In Asia-Pacific, the market is increasingly being dominated by local players supplying cost-effective sensors to the fast-growing market.

Collaborations & M&A Movements

  • Continental AG and Bosch partnered to develop advanced driver assistance systems (ADAS) aimed at enhancing vehicle safety and automation, thereby strengthening their competitive positioning in the growing ADAS market.
  • Denso Corporation acquired a minority stake in a startup specializing in LiDAR technology to bolster its sensor capabilities and expand its product offerings in the automotive electronics sector.
  • NXP Semiconductors and Infineon Technologies entered into a collaboration to create next-generation automotive sensors that comply with emerging regulatory standards for vehicle emissions and safety.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Biometric Self-Boarding Bosch, Continental In some premium automobiles, Bosch has installed the latest biometric systems, which improve both security and convenience. Continental’s biometric systems are already based on its own sensors, which means that the user can be identified without any interruption.
AI-Powered Ops Mgmt Denso, Valeo Denso's AI-driven operational management systems optimize sensor data processing, leading to improved vehicle performance. Valeo has adopted AI for predictive maintenance, showcasing a unique strength in reducing downtime through real-time analytics.
Border Control Hella, Magneti Marelli Hella’s border control sensors are designed for maximum accuracy in vehicle identification and thus for maximum security. Hella and its sister company, the Magneti Marelli Group, have developed and demonstrated integrated systems for the efficient automation of border controls.
Sustainability Aptiv, ZF Friedrichshafen Aptiv's core business is in the field of sustainable energy-saving sensors, and the company's case studies show that its products can have a significant impact on carbon emissions. ZF Friedrichshafen is committed to using sustainable materials in the manufacture of its sensors.
Passenger Experience NXP Semiconductors, Infineon Technologies NXP’s advanced sensors ensure the utmost comfort for the passenger with their personalised settings and smart cabin features. Infineon has integrated sensors that increase the quality of the in-vehicle connection and thus the quality of the passenger experience.

Conclusion: Navigating the Automotive Sensor Landscape

The competition in the aftermarket for sensors in the automobile is intense and the market is fragmented. There are both established and new players in the field. The regional trends show an increasing interest in both environment and new technology, and the suppliers are forced to adjust their strategies accordingly. In this case, the established suppliers are using their established market position and expertise, while the newcomers are concentrating on innovation and agility to capture market share. Artificial intelligence, automation and flexibility in the products and processes will be key to leadership in this evolving market. These capabilities must be the main focus for the decision-makers to be able to compete and respond to changing customer needs and regulatory requirements.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation   2021
Historical Data 2018- 2022
Forecast Period   2023-2032
Growth Rate   6.9% (2023-2032
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