What is the current Automotive Pressure Sensors Market size?

The Automotive Pressure Sensors Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029) Read More

Who are the key players in Automotive Pressure Sensors Market?

Honeywell International Inc., DENSO Corporation, Robert Bosch GmbH, ST Microelectronics NV and Infineon Technologies AG are the major companies operating in the Automotive Pressure Sensors Market. Read More

Which is the fastest growing region in Automotive Pressure Sensors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Pressure Sensors Market?

In 2024, the Asia Pacific accounts for the largest market share in Automotive Pressure Sensors Market. Read More

What years does this Automotive Pressure Sensors Market cover?

The report covers the Automotive Pressure Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Pressure Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Pressure Sensors Market - Growth, Manufacturers & Size

Automotive Pressure Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Automotive Pressure Sensors Market Companies and it is Segmented by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium and Heavy Commercial Vehicle), Application (Tire Pressure Monitoring System, Brake Booster System, Engine Management System, Exhaust Gas Recirculation System, Air Bag System, Vehicle Dynamic Control), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report offers market size and forecast for the Automotive pressure sensors market in value (USD billion) for all the above-mentioned segments.

Automotive Pressure Sensors Industry Overview

The Automotive pressure sensors market is consolidated, with few major players holding the majority of the share in the market. Although, it can be assumed that almost all pressure sensor manufacturers serve as automotive suppliers, the barrier to entry for prospective automotive suppliers is quite high.

Organizations, like Robert Bosch, have aggregated production volume of automotive, as well as consumer markets, to reduce cost and further increase its competitive advantage. Other players, like Infineon, Sensata, DENSO, and Melexis, are mainly focused on the automotive sector, with vertical integration being a common trend in the sector.

In October 2020, Borg Warner completed the acquisition of one of the founding automotive MEMS sensor companies, Delphi Technologies. The company plans to get more balance results across light vehicles, commercial vehicles and the aftermarket.
In April 2019, DENSO, the world's second-largest mobility supplier, announced an investment of USD 1.6 billion to strengthen development and production of Automotive Electrification Products and Systems. This has been done to support its aggressive development and production of electrified automotive products, systems, and technologies.