Lucintel anticipates that Asia Pacific will be the fastest growing region in the automotive intelligence battery sensor market

   September 25, 2019
According to a market report by Lucintel, the future of the automotive intelligence battery sensor market looks promising with opportunities in the passenger vehicle, light commercial vehicle, and electric vehicle markets. The automotive intelligence battery sensor market is expected to grow with a CAGR of 18% from 2019 to 2024. The major growth drivers for this market are growing environmental concerns, growing demand for fuel-efficient luxury vehicles, adoption of electrical and electronic components, and increasing vehicle production. High cost of the intelligence battery sensor will remain the major challenge for this industry.

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Within the automotive intelligence battery sensor market, passenger car, light commercial vehicles, and electric vehicles are the major end use industries. Passenger car is the largest end use segment for automotive intelligence battery sensor market.

LIN, CAN, and MCU are the major technology type segments of the automotive intelligence battery sensor market.

Asia Pacific will remain the largest region over the forecast period due to increasing vehicle production and rising demand for fuel-efficient vehicles in Japan, South Korea, India, and China.

Continental, HELLA GmbH & Co. KGaA, inomatic, NXP Semiconductors, ams, Furukawa Electric, Vishay Intertechnology, Robert Bosch, Denso, MTA, Abertax Technologies, and Autotec Components are among the major manufacturers of intelligence battery sensors.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive intelligence battery sensor market by technology, by voltage, by end use, and by region. Lucintel has prepared a comprehensive research report titled "Automotive Intelligence Battery Sensor Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive intelligence battery sensor market by technology, by voltage, by end use, by electric vehicle, and by region as follows:

By Technology [$M shipment analysis for 2013 – 2024]

  • LIN

  • CAN

  • MCU

By Voltage [$M shipment analysis for 2013 – 2024]

  • 12 volt

  • 14 volt

  • 24 volt

  • 48 volt

By End Use [$M shipment analysis for 2013 – 2024]

  • Passenger Car

    • Small cars

    • Compact cars

    • Mid-Sized cars

    • Luxury cars

    • SUVs & Crossovers            

  • Light Commercial Vehicle

  • Electric vehicles

By Region [$M shipment analysis for 2013 – 2024]

  • North America

    • US

    • Canada

    • Mexico

  • Europe

    • Germany

    • Russia

    • France

    • United Kingdom

    • Italy

  • Asia Pacific

    • Japan

    • India

    • South Korea

    • Indonesia

    • China

  • The Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

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