Automotive battery sensor market is anticipated to grow at a CAGR of 6.5% during the forecast period (2023–2030). The growth of the market is attributed to the growing demand for consumer awareness and safety. Consumers are increasingly conscious of the performance and safety of their vehicles. By eliminating anticipated battery failures and accidents driven by electrical problems, battery sensors contribute to making driving safer. Accordingly, market players are coming up with new products to cater to the demand for electric vehicle battery Sensors. For instance, in July 2022, Continental launched two electric vehicle battery sensors, the Battery Impact Detection (BID) and the Current Sensing Module (CSM). Both of them offer vital data to the battery management system that helps safeguard and enhance the operation of the energy module.
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The global automotive battery sensor market is segmented by vehicle, voltage, and communication technology. Based on the vehicle, the market is sub-segmented into Fully Electric, Heavy Commercial Vehicle, Light Commercial Vehicle, and Passenger Car; Hybrid, Heavy Commercial Vehicle, Light Commercial Vehicle, and Passenger Car. Based on the voltage, the market is sub-segmented into 48 V, 24 V, and 12 V. Further, on the basis of communication technology, the market is sub-segmented into Controller Area networks (CAN) and Local Interconnect networks (LIN). Among the voltage, the 12 V sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of high-voltage sensors. For instance, in February 2023, Marquardt announced the development of a high-voltage (HV) sensor that can improve an electric vehicle’s battery management system (BMS). A high-voltage sensor is employed by the BMS to measure and report voltage and overcurrent scenarios in an EV.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Battery Sensor Market Report Segment
By Vehicle Type
- Fully Electric
o Heavy Commercial Vehicle
o Light Commercial Vehicle
o Passanger car
- Hybrid
o Heavy Commercial Vehicle
o Light Commercial Vehicle
o Passanger car
By Voltage
- 48 V
- 24 V
- 12 V
By Communication Technology Type
- Controller Area Network (CAN)
- Local Interconnect Network (LIN)
Global Automotive Battery Sensor Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive battery sensor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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