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 [$M shipment analysis for 2013 – 2024]
By Voltage [$M shipment analysis for 2013 – 2024]
12 volt
14 volt
24 volt
48 volt
By End Use [$M shipment analysis for 2013 – 2024]
Passenger Car
Small cars
Compact cars
Mid-Sized cars
Luxury cars
SUVs & Crossovers
Light Commercial Vehicle
By Region [$M shipment analysis for 2013 – 2024]
North America
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 https://www.lucintel.com/automotive-intelligence-battery-sensor-market.aspx or helpdesk@lucintel.com.
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