Autonomous Vehicles Sensor Fusion Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers ADAS Sensor Fusion & Vehicle Sensor Technology and the market is segmented by types of vehicles (passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV)) and geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Autonomous Vehicles Sensor Fusion Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Autonomous Vehicles Sensor Fusion Industry Overview

The Sensor Fusion Market in Autonomous Vehicles is moderately competitive, owing to the mixed presence of both large-scale companies, such as Bosch, STMicroelectronics, and NXP Semiconductors NV, as new players specifically focused on this technology. The vendors are increasingly focusing on developing the technology to prepare it for future autonomous vehicles and make it affordable.

October 2022 - MicroVision, a leading American automotive sensor solution provider, unveiled MAVIN DR, a dynamic view lidar system, at the AutoSens 2022 Show in Brussels. The MAVIN DR lidar system features a dynamic field of view. It delivers high resolution with low latency, enabling new ADAS safety feature designers to achieve the proper highway-pilot functionality that OEMs demand.

April 2022 - CARIAD, the Volkswagen Group's software company, acquired the automotive division of Intenta GmbH, which works in sensor data fusion. The acquisition is in line with the company's strategy to massively increase its vertical value creation in software and hardware development to enable itself to develop critical software components in-house and increase the depth of value added in key development areas.

Autonomous Vehicles Sensor Fusion Market Leaders

  1. ROBERT BOSCH GMBH

  2. Infineon Technologies AG

  3. BASELABS GMBH

  4. NXP Semiconductors NV

  5. Microchip Technology Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Sensor Fusion Market in Autonomous Vehicles Concentration