Automotive Rain Sensor Market

Automotive Rain Sensor Market worth 4.15 Billion USD by 2020

The report Automotive Rain Sensor Market by Region (APAC, Europe, North America & Rest of the World), and by Vehicle Type (PC, LCV & HCV) - Trends and Forecast to 2020”, defines and segments the automotive rain sensor  market with an analysis and forecast of the global market size, by volume and value.

                 Request Sample                        Request Sample

Browse 64 market data tables with 49 figures spread through 119 pages and in-depth TOC on "Automotive Rain Sensor Market by Region (APAC, Europe, North America & Rest of the World), and by Vehicle Type (PC, LCV & HCV) - Trends and Forecast to 2020"
Early buyers will receive 10% customization on report.

The automotive rain sensor market, in terms of value, is projected to grow at a CAGR of 6.05% from 2015 to 2020, to reach a market size of USD 4.15 Billion by 2020. The growing demand for comfort, increasing vehicle production, and technological advancements are some of the key drivers fueling the growth of the global automotive rain sensor market.

LCV Segment: Promising market for automotive rain sensors

The report segments the automotive rain sensor market on the basis of vehicle type into Passenger Car (PC), Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV). Passenger Cars are one of the largest contributors to the automotive rain sensor market. However, the LCV segment shows promising growth opportunities in automotive applications due to the increasing vehicle production in regions such as North America. Earlier, rain sensors, used in rain sensing wiper systems, were only incorporated in luxury cars. The system was just an additional comfort feature initially but the growing demand for convenience has forced the OEMs to equip their vehicles with rain sensing wiper systems. Thus, the market is expected to grow. It has become possible to install the rain sensor in various segments owing to the decrease in average unit price.

Europe: One of the major markets for automotive rain sensors

The report segments the European region into Germany, France, U.K. and other countries. With the advancement in technology, vehicle electrification has increased, which has thus increased the use of sensors in vehicles. Germany is expected to hold the largest share in the European automotive rain sensor market. In 2014, Germany ranked number one in terms of production and sales of automotive vehicles in the European region as the region produced 5.6 million passenger cars and more than 303,500 trucks and buses. Also, the German OEM market share in Western Europe was more than 51 per cent in 2014. The German automakers generated revenue of more than USD 333.7 billion from exports. German OEMs have strong investments in R&D, amounting to approximately USD 23.3 billion in 2014. Thus owing to increasing vehicle production, the automotive rain sensor market is expected to grow at an impressive rate.

The report covers all the major players in the global automotive rain sensor market that includes companies such as HELLA KGaA Hueck & Co. (Germany), ZF TRW (U.S.), Valeo SA (France), Denso Corporation (Japan) & Robert Bosch GmBH (Germany).

The report covers the automotive rain sensor market, in terms of volume (‘000 units) and value (USD million). It explains the qualitative and quantitative aspects of the automotive rain sensor market on the basis of region, and vehicle type from 2015 to 2020. It also provides an overview of technical factors and other important aspects of the automotive rain sensor market.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]

Automotive Rain Sensor Market Size,  Share & Growth Report
Report Code
AT 3954
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Automotive Rain Sensor Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets