Global Automotive Battery Sensors Market Insights and Forecast to 2028

An battery sensor unit gives precise and on-demand current, voltage and temperature measurements from the battery. This information enables accurate state of charge and state of health calculations to be performed, ensuring the electrical system works at the highest level of efficiency. In addition to being able to monitor the battery, the battery sensor also helps to detect defective electronic components in the car. The sensor enhances the automobile’s diagnostic ability and can thus warn of possible breakdowns that may not even be caused by the battery. Moreover, battery sensor helps to extend battery life by 10 to 20 percent via an improved charging strategy.
Market Analysis and Insights: Global Automotive Battery Sensors Market
Due to the COVID-19 pandemic, the global Automotive Battery Sensors market size is estimated to be worth US$ 3521 million in 2022 and is forecast to a readjusted size of US$ 5741.2 million by 2028 with a CAGR of 8.5% during the review period. Fully considering the economic change by this health crisis, LIN accounting for % of the Automotive Battery Sensors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Passenger Car segment is altered to an % CAGR throughout this forecast period.
The Asia Pacific market is dominated by China and Japan where the automotive industry, with government support, is growing at a faster pace than other countries in the region. Also, the growth of the Asia Pacific market can be attributed to the increasing vehicle production and rising demand for fuel-efficient vehicles in Japan, South Korea, India, and China. Moreover, increasing passenger car production in China and India is the key factor in fostering the growth of 12V batteries in the Asia Pacific region. The growing adoption of IBS in automobiles due to China VI & India VI regulations and the increasing demand for luxury vehicles are also expected to drive the automotive battery sensor market in the region.
In terms of production side, this report researches the Automotive Battery Sensors capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Automotive Battery Sensors by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Automotive Battery Sensors Scope and Segment
Automotive Battery Sensors market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Automotive Battery Sensors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
LIN
CAN
Segment by Application
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
By Company
Robert Bosch
Continental
Hella
Vishay
NXP
Furukawa Electric
Denso
Texas Instruments
TE Connectivity
AMS AG
Inomatic
MTA
Infineon
Delphi
Analog Devices
Microchip
Panasonic
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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