24 May 2019 - The Global Automotive
Rain Sensor Market is anticipated
to rise at a higher CAGR during the forecast period. There have been tremendous
enhancements in the automotive industry since the advent of computers and
electronic devices in the automotive sector have marked progress in terms of
entertainment, convenience and comfort.
With
the rise in number of accidents, automatic rain sensing wiper systems have
become more appealing. In the digital age, the wiper systems works according to
the level of precipitation, at present rain-sensing systems use optical sensors
to sense the presence of water on the windshield and relays wiper control data
to the vehicle’s body. However, the rain sensors respond to every false alarms
followed by an expensive equipment in most vehicles.
Automotive
rain sensor market is driven by rise in technological advances followed by rise
in vehicle production and increase in demand for luxury features. In addition,
the market growth is highly influenced by developments in the semiconductor
industry and ongoing trends. Modernization and urbanization are the key factors
responsible for modern trends in automotive rain sensor market. However, cheap
substitutes and frequent activation of wipers results in damage of windshield.
Based
on vehicle type, market is segmented as heavy commercial vehicles & light
commercial vehicles and passenger cars. Use of automotive rain sensors is
significantly higher in heavy commercial vehicles and passenger cars.
Geographical
segmentation for the market spans North America, South America, Europe,
Asia-Pacific, Middle East and Africa. North American and European markets are
anticipated to grow higher during the forecast period owing to presence of
automobile industry, rise in urbanization and technological advances.
Asia-Pacific
regions are more likely to gain a significant market position during the
forecast period due to the rise in middle-class income, availability of car
variants and advanced digitization. Use of semiconductors and memory chips for
signal relay is likely to propel the market growth during the forecast period.
The key players profiled in the automotive rain sensor market report are Valeo
SA, HELLA KGaA Hueck & Co and Robert Bosch.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (M USD), market
share and growth rate of Automotive Rain Sensor in these regions, from 2012 to
2023 (forecast), covering
•
North America (United States, Canada and Mexico)
•
Europe (Germany, France, UK, Russia and Italy)
•
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
•
South America (Brazil, Argentina, Columbia)
•
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Automotive Rain Sensor market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Denso Corporation (Japan)
•
HELLA KGaA Hueck & Co. (Germany)
•
ZF TRW (U.S.)
•
Robert Bosch GmBH (Germany)
•
Hamamatsu Photonics K.K.(Japan)
•
Mitsubishi Motors Corporation
•
Vishay Intertechnology Inc
•
Melexis Microelectronic Systems
•
The Kostal Group
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