Electric Vehicle Sensors Market Investment Opportunities: Where to Focus in the Coming Decade

December 19, 2024 akio01

How Big is the Electric Vehicle Sensors Market?

According to the MarkNtel Advisors’ research report, “Global Electric Vehicle Sensors Market Analysis, 2021,” the market is likely to grow at a CAGR of around 12% during 2021-26, primarily due to the rising demand for integrating advanced technologies into electric vehicles for monitoring temperature, current, pressure changes, etc.

Market Statistics

Market Growth Rate (CAGR): 12% from 2021-2026

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Electric Vehicle Sensors Market Insight:

Driver-

Burgeoning Demand for Electric Vehicle

The demand for an electric vehicle is significantly increasing as it helps reduce fuel costs, mitigates carbon emissions, and escalates energy security. With the rising use of alternative fuel cars, the demand for electric vehicle sensors also increases to ensure the safety and reliability of the vehicle. Further, the introduction of advanced technologies & systems and the rising adoption of these technologies in the automotive industry have expanded the vehicle’s electrification levels, thereby fueling the growth of the Global Electric Vehicle Sensors Market.

Electric Vehicle Sensors Market Segmentation:

The report has segmented the market into the following categories:

By Type

Temperature Sensors
Current/Voltage Sensors
Engine-Based Sensors
Proximity Sensors
Pressure Sensors
Position Sensors
Inertial Sensors
Speed Sensors
Others (Cabin Sensors, etc.)

By Application

Battery Electric Vehicle (BEV)
Hybrid-Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)

By Vehicle Type

Two-Wheeler Vehicles
Passenger Cars
Commercial Vehicles

By Region

North America
South America
Europe
Middle East & Africa
Asia-Pacific

Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/global-electric-vehicle-sensors-market.html

Competitive Landscape:

Denso
Infineon Technologies AG
NXP Semiconductors
Texas Instruments Incorporated
LEM
Kohshin Electric Corporation
Vishay Intertechnology, Inc
Allegro MicroSystems
Amphenol Advanced Sensors
Ams AG
Analog Devices
Melexis
Sensata Technologies
STMicroelectronics.

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Key Highlights of the Report:

Market Performance (2021-2026)
Strategic Recommendations
Current, Historical and Future Market Trends
Market Drivers and Leading Competitor
SWOT Analysis
Structure of the Market
Comprehensive Mapping and Recent Advancement

Other Report:

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