Market Share of Electric Vehicle Sensor Industry
The global electric vehicle sensor market is moderately consolidated, with major players holding a significant share of the market. The electric vehicle sensor industry is adopting various industries, including new product development and expansion across the globe. OEM companies use the latest features and technologies to manufacture tires that meet the needs of customers. For instance,
- In July 2022, the Current Sensing Module (CSM) and Battery Impact Detection were the two sensors introduced by Continental. Both of them provide vital data to the battery management system, which aids in safeguarding and enhancing the operation of the energy module.
- In July 2022, Valeo Wemding was at the forefront of the autonomous mobility revolution and recently won major contracts with automakers Stellantis and BMW. The company produces innovative sensors that enable autonomous driving and increase road safety.
Electric Vehicle Sensor Market Leaders
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Continental AG
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Robert Bosch GmbH
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ZF Friedrichshafen AG
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Denso Corporation
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Sensata Technologies, Inc.
*Disclaimer: Major Players sorted in no particular order