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EV Sensor Market Trends and Forecast
According to a new market report published by Lucintel, the future of the global electric vehicle sensor market looks attractive with opportunities in passenger and commercial vehicles.  The global electric vehicle sensor market is expected to grow at a CAGR of 37.5% from 2022 to 2027. The major drivers of the EV sensor market include growing demand for EV production across the globe, the formulation of stringent government regulations, and growing number of electronic components in EVs.
 
Emerging Trends in the EV Sensor Market
The global EV sensor market is going through an evolution, and thus, new trends can be observed in this market. Emerging Trends in the global EV sensor market explain the new technologies and propulsion types entering the industry
A total of 75 figures / charts and 68 tables are provided in this 147-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the EV sensor market report, please download the report brochure.
EV Sensor Market by Segments

EV Sensor Market by Segment
The study includes a forecast for the global EV Sensor market by propulsion type, Sensor Type, application, and region as follows:
 
By Propulsion Type [$M shipment analysis from 2016 to 2027]:
  • Battery Electric Vehicles (BEVs)
  • Hybrid Electric Vehicles (HEVs)
  • Plug-In Electric Vehicles (PHEVs)
 By Sensor Type [$M shipment analysis from 2016 to 2027]:
  • Temperature Sensors
  • Current/Voltage Sensors
  • Pressure Sensors
  • Position Sensors
By Application [$M shipment analysis from 2016 to 2027]:
  • Passenger Vehicles
  • Commercial Vehicles
By Region [$M shipment analysis for 2016 – 2027]:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Asia Pacific
  • Japan
  • China
  • The Rest of the World
List of EV Sensor Companies
Companies in the market compete on the basis of propulsion quality offered. Major players in this market focus on expanding their new propulsion developments, partnerships, mergers & acquisition, and leverage integration opportunities across the value chain. With these strategies EV Sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative propulsions & technologies, reduce production costs, and expand their customer base. Some of the EV Sensor companies profiled in this report include.
  • Allegro MicroSystems, LLC
  • Amphenol Advanced Sensors
  • Parker Hannifin Corp
  • Texas Instruments
  • LEM
  • Kohshin Electric Corporation
  • Analog Devices
  • Sensata Technologies Inc.
  • Melexis
  • AMS Ag
EV Sensor Market Insight
  • Lucintel forecasts that Passenger Vehicles is the largest EV Sensor and it is also expected to witness the highest growth over the forecast period due to increasing adoption of electric vehicles sensors.
  • Battery Electric Vehicles (BEVs) will remain the largest propulsion type over the forecast period.
  • Europe will remain the largest region in the forecast period.
Features of EV sensor Market
  • Market Size Estimates: EV sensor market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Market size by propulsion type, sensor type application type, and region as follows:
  • Regional Analysis: EV sensor market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in propulsion type, sensor type, application and region as follows:
  • Strategic Analysis: This includes M&A, new propulsion development, and competitive landscape for the Gate driver IC market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the EV sensor market size?
Answer: The global EV sensor market is expected to reach an estimated $2.9 billion by 2027  
Q2. What is the growth forecast for EV sensor market?
Answer: The EV sensor market is expected to grow at a CAGR of 37.5% from 2022 to 2027.  
Q3. What are the major drivers influencing the growth of the EV sensor market?
Answer: The major drivers for this market are increase in demad EV production across the globe, formulation of stringent government regulations and Growing number of electronic components in EVs.
Q4. What are the major vehicle types for EV sensor market?
Answer: Passenger Vehicles is the major vehicles type for EV sensor market
Q5. What are the emerging trends in EV sensor market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include the development of E-Motor rotor position sensors and usage of fast-response sensors.
Q6. Who are the key EV sensor companies?
Answer: Some of the key EV sensor companies are as follows:
  • Allegro MicroSystems, LLC
  • Amphenol Advanced Sensors
  • Parker Hannifin Corp
  • Texas Instruments
  • LEM
  • Kohshin Electric Corporation
  • Analog Devices
  • Sensata Technologies Inc.
Q7. Which EV sensor propulsion segment will be the largest in future?
Answer: Lucintel forecasts that Battery Electric Vehicles (BEVs) is the largest EV sensor and it is also expected to witness the highest growth over the forecast period due to its zero emission and higher efficiency.
Q8. In EV sensor market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to remain the largest region over next 5 years.         
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for EV sensor market by propulsion type, vehicle type, type of sensor and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which regions will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5. What are the business risks and threats to the market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive propulsions and processes in this area and how big of a threat do they pose for loss of market share via products substitution?
Q.11. What M&A activity has occurred in the last 5 years?

For any questions related to EV sensor market or related to hybrid car sensor, super charger, electric vehicle,  fuel sensor, ultrasonic sensor EV, smoke sensor EV,  EV biofeedback sensor,. gyroscope sensor, electric vehicle sensor companies, electric vehicle sensor share, electric vehicle sensor market analysis, electric vehicle sensor market size, write Lucintel analyst at email:
helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classification
2.2: Electric Vehicle Sensors is the Key to Continue Industry Growth
2.3: Supply Chain
2.4: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecasts
3.2: Global  EV Sensor Market Trends and Forecast
3.3: Global  EV Sensor Market  by Sensor Type
3.3.1: Temperature Sensors
3.3.2: Current/Voltage Sensors
3.3.3: Pressure Sensor
3.3.4: Position Sensor
3.4: Global  EV Sensor Market by Vehicle Type
3.4.1: Passenger Car
3.4.2: Commercial Vehicles
3.5: Global  EV Sensor Market by Propulsion Type
3.1.1: Battery Electric Vehicle
3.1.2: Hybrid Electric Vehicles (HEVs) 
3.1.3: Plug-In Electric Vehicles (PHEVs) 
 
4. Market Trends and Forecast Analysis by Region
4.1: Global  EV Sensor Market by Region
4.2: North American  EV Sensor Market Trends and Forecast
4.2.1: North American EV Sensor Market by Type
4.2.2: North American EV Sensor Market by Sensor Type
4.2.3: U.S.  EV Sensor Market
4.2.4: Canadian EV Sensor Market
4.2.5: Mexican EV Sensor Market
4.3: European  EV Sensor Market Trends and Forecast
4.3.1: European EV Sensor Market by Type
4.3.2: European EV Sensor Market by Sensor Type
4.3.3: UK EV Sensor Market
4.3.4: Germany EV Sensor Market
4.3.5: France EV Sensor Market
4.3.6: Norway EV Sensor Market
4.4: APAC  EV Sensor Market Trends and Forecast
4.4.1: APAC EV Sensor Market by Type
4.4.2: APAC EV Sensor Market by Types of Sensor
4.4.3: Chinese EV Sensor Market
4.4.4: Japan EV Sensor Market
4.5: ROW  EV Sensor Market Trends and Forecast
4.5.1: ROW EV Sensor Market by Vehicle Type
4.5.2: ROW EV Sensor Market by Sensor Type
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.2: Growth Opportunities for the Global EV Sensor Market by Vehicle Type
6.3: Growth Opportunities for the Global EV Sensor Market by Sensor  Type
6.4: Growth Opportunities for the Global EV Sensor Market by Propulsion Type
6.5: Growth Opportunities for the Global EV Sensor Market by Region
6.6: Emerging Trends in Global EV Sensor Market
6.7: Mergers, Acquisitions, Partnerships, and Joint Ventures in the Global EV Sensor Market
 
7. Company Profiles of Leading Players
7.1: Allegro MicroSystems, LLC
7.2: Amphenol Advanced Sensors
7.3: Parker Hannifin Corp
7.4: Texas Instruments
7.5: LEM
7.6: Kohshin Electric Corporation
7.7: Analog Devices
7.8: Sensata Technologies Inc. 
7.9: Melexis
7.10: AMS Ag
.

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75 figures / charts and 68 tables are provided in this 147-page
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Below is a brief summary of the primary interviews that were conducted by job function for this report.
 

 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

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