
The Global Electric Vehicle Sensors Market size is likely to grow at a CAGR of around 12% during 2021-26. According to MarkNtel Advisors Study.
Global Electric Vehicle Sensors Market Driver:
Burgeoning Demand for Electric Vehicle: The demand for an electric vehicle is significantly increasing as it helps reduce fuel costs, mitigates carbon emissions, and escalates energy security. With the rising use of alternative fuel cars, the demand for electric vehicle sensors also increases to ensure the safety and reliability of the vehicle. Further, the introduction of advanced technologies & systems and the rising adoption of these technologies in the automotive industry have expanded the vehicle’s electrification levels, thereby fueling the growth of the Global Electric Vehicle Sensors Market.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Electric Vehicle Sensors Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2020
-Historical Period: 2016 to 2019
-Forecast Period: 2021 to 2026
- By Type
- Temperature Sensors
- Current/Voltage Sensors
- Engine-Based Sensors
- Proximity Sensors
- Pressure Sensors
- Position Sensors
- Inertial Sensors
- Speed Sensors
- Others (Cabin Sensors, etc.)
- By Application
- Battery Electric Vehicle (BEV)
- Hybrid-Electric Vehicle (HEV)
- Plug-In Hybrid Electric Vehicle (PHEV)
- By Vehicle Type
- Two-Wheeler Vehicles
- Passenger Cars
- Commercial Vehicles
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Denso, Infineon Technologies AG, NXP Semiconductors, Texas Instruments Incorporated, LEM, Kohshin Electric Corporation, Vishay Intertechnology, Inc, Allegro MicroSystems, Amphenol Advanced Sensors, Ams AG, Analog Devices, Melexis, Sensata Technologies, STMicroelectronics. are looking forward to strengthening their market positions.
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