Top 50 Automotive Sensors Companies in Globe 2025: Statistics View by Spherical Insights & Consulting

Description

According to a research report published by Spherical Insights & Consulting, The Global Automotive Sensors Market Size is projected to Grow from USD 44.2 Billion in 2024 to USD 137.8 Billion by 2035, at a CAGR of 12.04 % during the forecast period 2025–2035. The automotive sensors market offers future opportunities in autonomous driving, electric vehicles, advanced driver-assistance systems (ADAS), emissions control, safety enhancements, and IoT integration for real-time diagnostics and predictive maintenance.

 

Introduction                                                              

The automotive sensors market refers to the industry focused on the development and integration of sensors that detect, measure, and transmit information within vehicles to improve safety, performance, and efficiency. These sensors play a crucial role in applications such as engine control, braking systems, navigation, and driver assistance. Key driving factors fueling market growth include the rising demand for electric and autonomous vehicles, increasing emphasis on vehicle safety and emission control, and growing adoption of advanced driver-assistance systems (ADAS) and IoT-enabled technologies in modern automobiles.

 

 

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Automotive Sensors Market Size & Statistics

• The Market Size for Automotive Sensors Was Estimated to be Worth USD 44.2 Billion in 2024.
• The Market Size is Going to Expand at a CAGR of 12.04 % between 2025 and 2035.
• The Global Automotive Sensors Market Size is Anticipated to Reach USD 137.8 Billion by 2035.
• Asia Pacific is Expected to Generate the highest demand during the forecast period in the automotive sensors market.
• North America is Expected to Grow the fastest during the forecast period in the Automotive Sensors market.

 

Regional growth and demand                                      

North America is expected to grow the fastest during the forecast period in the automotive sensors market. North America, being a leading area in the automotive sensors market, emphasizes the development of vehicles equipped with cutting-edge and more effective sensors. The expanding electric vehicle market in the area needs a larger quantity of sensors. North America possesses a large vehicle fleet that needs sensor replacements, aiding the market's growth in the region.

 

Asia Pacific is expected to generate the highest demand during the forecast period in the automotive sensors market. The global automotive sensor market was led by the Asia Pacific region, which accounted for a revenue share of 45.8% in 2023. The Asia Pacific area serves as a significant center for automobile production. The large-scale manufacturing of vehicles created greater demand for automotive sensors in the area. The count of technologically skilled consumers in the area has risen in recent times. Customers are seeking sophisticated features like driver assistance systems and connected vehicle technologies; these technologies depend heavily on numerous automotive sensors. The Japan automotive sensors market size is growing at a CAGR of 5.83% and expected to hold a significant share by 2033.

 

Top Key Drivers & Automotive Sensors Trends

• Rising Demand for Electric and Autonomous Vehicles

The increasing adoption of electric and autonomous vehicles is significantly boosting the automotive sensors market. These vehicles rely heavily on a wide array of sensors for battery management, speed control, obstacle detection, and navigation. Autonomous systems require precise sensor data from LiDAR, radar, ultrasonic, and camera-based technologies to ensure real-time decision-making and passenger safety. As governments promote sustainable mobility and emission reduction, EV sales are surging, creating strong demand for advanced sensing technologies that support vehicle automation, efficiency, and energy management.

 

• Integration of AI and IoT in Sensor Systems

One of the most prominent trends is the integration of Artificial Intelligence (AI) and the Internet of Things (IoT) into automotive sensor systems. AI algorithms enhance sensor accuracy through predictive analytics and adaptive learning, enabling smarter ADAS features like lane departure warnings and traffic recognition. IoT allows for connected vehicle ecosystems, where sensors transmit real-time data for remote diagnostics, over-the-air updates, and predictive maintenance. This convergence is transforming vehicles into intelligent, connected systems and creating opportunities for automakers to offer innovative features and services based on data-driven insights.

 

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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the automotive sensors market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 5 Emerging Automotive Sensors Startups

1. TracSense – Road Friction Sensor

Vehicle manufacturers are advancing sensor technology to enhance vehicle value and facilitate full autonomy in cars. Maneuvering presents a significant challenge for autonomous vehicles (AVs), whether on uneven terrain or navigating through traffic. Road friction sensors monitor roadway conditions to improve vehicle traction control and safety on slick or uneven surfaces. Norwegian company TracSense creates solutions for premium automotive sensor systems. The startup employs optical sensors mounted on cars to assess road friction every 50 milliseconds. This approach also utilizes sophisticated weather models to forecast road conditions and enhances driver safety by boosting situational awareness.

 

2. Dynel – Battery Sensor

A battery sensor is increasingly an essential element in contemporary automobiles. These sensors are frequently combined with a battery management system for intelligent charging and remote control. Additionally, battery sensors track the battery's condition and identify issues such as excessive current loss, unusual voltage, and high temperatures. Turkish company Dynel provides sensors for vehicles and power electronic components. The dynamic battery sensor (dynBS) gauges current, voltage, and temperature to accurately assess battery status. The sensor attaches to the negative terminal of the battery and includes a local interconnect network (LIN) interface for data exchange.

 

3. Revvo – Remote Tire Management

Incidents related to tires are a leading cause of roadway collisions. Additionally, the visual examination of tires is very susceptible to human mistakes. Conversely, tire sensors facilitate condition monitoring to reduce the likelihood of tire-related accidents. Remote tire management allows commercial fleet managers to effectively oversee and control the tire condition of the whole fleet. The startup Revvo, located in the US, offers an AI software platform that utilizes sensor technology. The sensors are located within the tire and send data wirelessly to a cloud gateway. The approach employs machine learning to examine the sensor information, along with data from telematics and vehicle onboard systems. The software platform also allows fleet managers to manage their fleets remotely, helping to prevent tire-related incidents.

 

4. COMPREDICT – Virtual Sensors

In many cases, physical sensors are challenging to install or become too costly. Virtual sensors utilize data from other measurements to infer relevant physical quantities. Additionally, they are less expensive, do not suffer from wear and tear, occupy no space, and have no restrictions regarding environmental conditions. The German company COMPREDICT provides software-driven virtual sensors. The sensors utilize pre-existing signals in vehicles to gauge forces, torques, temperatures, or currents. This data gathering allows for the observation of physical elements like chassis components, brake systems, and powertrain elements without requiring sensor installation. The solution additionally aids in enhancing the product development process, resulting in lighter and safer components.

 

5. General Radar – Imaging Radar

Autonomous vehicles employ a digital representation of their environment to navigate effectively, using a variety of cameras and sensors. By utilizing sensors like lidar and radar, autonomous systems can also perceive through barriers. Startups are developing imaging radar technologies to enhance the safety of autonomous vehicles, exceeding human-driven safety benchmarks. The startup General Radar, located in the US, creates imaging radar systems for self-driving vehicles. The startup employs a patented solid-state analog beamformer along with optical networking elements to generate a detailed depiction of the environment. By employing multidimensional radar cross-section capture along with machine learning, the approach effectively detects objects at distances up to 300 meters.

 

Top 10 Companies Leading the Automotive Sensors Market

1. Power Grid Corporation of India Limited (POWERGRID)
2. MYR Group Inc.
3. KEPCO
4. Hitachi Energy Ltd.
5. Siemens
6. General Electric Company
7. Cisco Systems Inc.
8. Schneider Electric SE
9. ABB
10. Eaton

 

 1. Power Grid Corporation of India Limited (POWERGRID)

Headquarters: Gurugram, Haryana, India

Power Grid Corporation of India Limited (POWERGRID) is a state-owned electric utilities company and the central transmission utility of India. It is responsible for transmitting about 50% of the total power generated in India through its extensive high-voltage transmission network. Established in 1989, POWERGRID plays a critical role in grid management and infrastructure development, including smart grids and renewable energy integration. The company also offers consultancy services across the energy value chain and operates in telecom infrastructure through its subsidiary, PowerGrid Telecom. Its strong financials and nationwide presence make it a backbone of India’s power sector.

 

2. MYR Group Inc.

Headquarters: Henderson, Colorado, United States

MYR Group Inc. is a leading specialty electrical construction services provider in the United States, offering infrastructure solutions for electric utilities and commercial and industrial clients. Established in 1995, MYR Group specializes in high-voltage transmission, substation, and distribution system construction and maintenance. It serves the energy, transportation, and communications sectors through its subsidiaries, such as The L.E. Myers Co. and Great Southwestern Construction. The company focuses on safety, project execution, and customer satisfaction. Its extensive experience and skilled workforce make it a key player in building and modernizing North America's electrical infrastructure.

 

3. Korea Electric Power Corporation (KEPCO)

Headquarters: Naju, South Jeolla Province, South Korea

Korea Electric Power Corporation (KEPCO) is South Korea’s largest electric utility, responsible for the generation, transmission, and distribution of electricity. Founded in 1961, KEPCO plays a vital role in powering the nation’s economy and is expanding its global presence through overseas energy projects and smart grid development. The company engages in thermal, nuclear, hydro, and renewable power generation, with a growing focus on sustainable energy. KEPCO also invests in advanced technologies such as energy storage and electric vehicle charging. Its strong R&D capabilities and international collaborations support its long-term strategic growth in the global power sector.

 

4. Hitachi Energy Ltd.

Headquarters: Zurich, Switzerland

Hitachi Energy Ltd., formerly known as Hitachi ABB Power Grids, is a global leader in power technologies and energy solutions. Headquartered in Zurich, Switzerland, it was formed through a joint venture between Hitachi Ltd. and ABB Ltd. The company provides products, systems, software, and services across the entire energy value chain—including grid automation, high-voltage products, and renewable energy integration. Hitachi Energy focuses on enabling a sustainable energy future by delivering digital, resilient, and efficient grid solutions. Its portfolio supports the modernization of power grids and facilitates the transition to greener and smarter electricity systems worldwide.

 

5. Siemens AG (Energy Division)

Headquarters: Munich, Germany

Siemens AG is a global technology conglomerate, with its Energy division playing a pivotal role in power generation and transmission. Headquartered in Munich, Germany, Siemens Energy provides innovative solutions for conventional and renewable energy systems, grid technologies, and storage systems. It offers high-efficiency gas turbines, digital grid management software, and power transformers. The company supports the global energy transition with a focus on decarbonization and electrification. Its strong engineering expertise and global footprint make Siemens Energy a trusted partner for utilities and governments striving for a more sustainable and resilient energy infrastructure.

 

Are you ready to discover more about the automotive sensors market?

The report provides an in-depth analysis of the leading companies operating in the global automotive sensors market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

1. Power Grid Corporation of India Limited (POWERGRID).
   • Business Overview
   • Company Snapshot
   • Products Overview
   • Company Market Share Analysis
   • Company Coverage Portfolio
   • Financial Analysis
   • Recent Developments
   • Merger and Acquisitions
   • SWOT Analysis
2. MYR Group Inc.
3. KEPCO
4. Hitachi Energy Ltd.
5. Siemens
6. General Electric Company
7. Cisco Systems Inc.
8. Schneider Electric SE
9. ABB
10. Eaton

 

Conclusion

The global automotive sensors market is undergoing rapid transformation driven by advancements in electric vehicles, autonomous driving technologies, and increasing integration of AI and IoT. These developments are enhancing vehicle safety, efficiency, and connectivity, making sensors a critical component in modern automotive systems. Regional growth is fueled by high vehicle production in Asia Pacific and technological advancements in North America. Key players and emerging startups are continuously innovating to meet rising demands for precision, performance, and sustainability. With evolving consumer expectations and regulatory shifts, the automotive sensors market presents strong opportunities for long-term strategic growth and technological leadership.

 

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