Automotive Ultrasonic Sensors Market 2021 | Covers Global Industry Share, Size, Gross Margin, Future Trends, Demand, Business Insight by Leading Key Players Forecast till 2026

Market Highlights

Sonar refers to navigating and ranging sound. It has been used in cars to help drivers with their driving activities, such as parking and identifying close obstacles. The ultrasonic sensors send out quick ultrasonic impulses reflected by barriers. It then absorbs and processes the echo signals. The major components, the ultrasonic transducer, is inside the plastic case of an ultrasonic sensor. It is made of an aluminum pot with a piezoceramic portion containing a diaphragm. The sensor obtains a wireless transmission signal from the ECU, allowing the aluminum diaphragm to pulsate for around 300μsec with square waves at a resonant frequency of around 48 kHz, resulting in ultrasonic pulse emission. The diaphragm then eases for around 900μsec, in which no transmission is achievable, absorbs the reflected sound from a barrier then vibrates. The piezoceramic part emits these vibrations as analog signals, then amplifies them and transforms them into a digital signal.

Two –four ultrasonic sensors are mounted on the rear bumper to detect an object up to 2 to 2.5 m away in the case of the rear sonar. The distance is transmitted to the driver in real-time using varying buzzer sounds. It can trace even a wire fence if it is close enough.

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With regards to cars, the increasing need for ensuring safety while driving is prompting the governments of various countries to implement specific policies for the implementation of different safety features in vehicles, such as blind-spot detection (BSD). These safety features depend on ultrasonic sensors for their functioning, driving the growth of the global automotive ultrasonic sensors market.

Global Automotive Ultrasonic Sensors Market, 2020–2026

Based on region, the automotive ultrasonic sensors market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to dominate the automotive ultrasonic sensors market in the coming years, which can be attributed to the increasing vehicle production and the presence of prominent players operating in countries in this region. Furthermore, the increasing per capita disposable income levels and rising spending capacity contribute to the growth of the North American and European markets.

The global automotive ultrasonic sensors market has been segmented by type, vehicle autonomy, vehicle type, application, and region. Based on type, the global automotive ultrasonic sensors market can be divided into proximity detection and range measurement. The proximity detection segment is anticipated to grow at a significant CAGR in the coming years. By vehicle autonomy, the global automotive ultrasonic sensors market has been split into semi-autonomous vehicle and fully autonomous vehicle. The semi-autonomous vehicle segment accounts for a sizeable market share and is anticipated to grow at a significant CAGR in the coming years. By vehicle type, the automotive ultrasonic sensors market has been bifurcated into passenger cars and commercial vehicles. The passenger cars segment held a sizeable share and is anticipated to grow at a significant CAGR in the coming years. By application, the global automotive ultrasonic sensors market is segmented into park assist, self-parking, and blind-spot detection. The self-parking segment is anticipated to grow at a high CAGR in the coming years.

Drivers

Automotive Ultrasonic Sensors Market Outlook and Opportunities in Grooming Regions with Forecast 2026-Press release image-01

 

 

Scope of the Report

This report provides an in-depth analysis of the global automotive ultrasonic sensors market, tracking four market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights the market size and shares for North America, Europe, Asia-Pacific, and the rest of the world. The report also presents a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global automotive ultrasonic sensors market by type, vehicle autonomy, vehicle type, application, and region.

 

Key Players

The key players operating in the global automotive ultrasonic sensors market include Texas Instruments Inc, Magna International Inc, Elmos Semiconductor AG, TE Connectivity Ltd, Baumer Holding AG, Honeywell International Inc, TDK Corp, and Autoliv Inc.

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Key Questions Addressed by the Report

  • What was the historic market size?
  • Which segmentation (Product/ Capacity) is driving market?
  • What will be the growth rate?
  • How are the key players in this market?
  • What are the strategies adopted by key players?

TABLE OF CONTENTS

 

1 EXECUTIVE SUMMARY

 

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

 

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