Automotive battery sensor market is anticipated to grow at a CAGR of 6.5% during the forecast period (2023–2030). The growth of the market is attributed to the growing demand for consumer awareness and safety. Consumers are increasingly conscious of the performance and safety of their vehicles. By eliminating anticipated battery failures and accidents driven by electrical problems, battery sensors contribute to making driving safer. Accordingly, market players are coming up with new products to cater to the demand for electric vehicle battery Sensors. For instance, in July 2022, Continental launched two electric vehicle battery sensors, the Battery Impact Detection (BID) and the Current Sensing Module (CSM). Both of them offer vital data to the battery management system that helps safeguard and enhance the operation of the energy module.
Segmental Outlook
The global automotive battery sensor market is segmented by vehicle, voltage, and communication technology. Based on the vehicle, the market is sub-segmented into Fully Electric, Heavy Commercial Vehicle, Light Commercial Vehicle, and Passenger Car; Hybrid, Heavy Commercial Vehicle, Light Commercial Vehicle, and Passenger Car. Based on the voltage, the market is sub-segmented into 48 V, 24 V, and 12 V. Further, on the basis of communication technology, the market is sub-segmented into Controller Area networks (CAN) and Local Interconnect networks (LIN). Among the voltage, the 12 V sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of high-voltage sensors. For instance, in February 2023, Marquardt announced the development of a high-voltage (HV) sensor that can improve an electric vehicle's battery management system (BMS). A high-voltage sensor is employed by the BMS to measure and report voltage and overcurrent scenarios in an EV.
The Fully Electric Sub-Segment is Anticipated to Hold a Considerable Share of the Global Automotive Battery Sensor Market
Among the vehicle types, the fully electric sub-segment is expected to hold a considerable share of the global programmatic advertisement market. The segmental growth is attributed to the growing demand for innovations in Sensor Technology. As a result of technological advances, battery sensors are now more precise and dependable. The sensors provide real-time data and diagnostics for a better understanding of battery health and performance. Accordingly, market players are coming up with new products to cater to the demand for battery-operated Smart Alarm systems (SAS). To achieve high precision and very low power operation, the technology platform utilizes sensor fusion based on artificial intelligence and machine learning (AI/ML). For instance, in June 2022, Infineon Technologies AG introduced its Smart Alarm System (SAS), that is battery-operated. The technology platform utilizes sensor fusion based on artificial intelligence and machine learning (AI/ML) to achieve high precision and very low-power operation. The performance of this technology is exceptional when paired with low-power wake-on acoustic event detection. The small design achieves equivalent or greater battery life compared to less complex solutions while outperforming the detection accuracy of acoustic-only alarm systems that are used in smart homes, buildings, and other IoT applications.
Regional Outlook
The global automotive battery sensor market is further segmented based on geography, including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and the Rest of Asia), and the Rest of the World (the Middle East and Africa, and Latin America). Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to increasing consumer demand for fuel-efficient automobiles and rising vehicle manufacturing are anticipated to boost market expansion in the region.
Global Automotive Battery Sensor Market Growth, by Region 2023-2030
The North America Region is Expected to Grow at a Significant CAGR in the Global Automotive Battery Sensor Market
Among all regions, Europe is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the growing demand for ultrasound sensors. Electric vehicles can keep track of battery charge, health, and safety through continuous ultrasound scanning. According to the Institute of Electrical and Electronic Engineers, it can be challenging to determine how much charge is remaining in a commercial lithium-ion battery. For instance, when assessing battery charge, electric vehicles often have an inaccuracy of roughly 10%. To ensure they stay within the safety tolerances of their batteries, this in turn reduces their driving range by around 10%. In examinations, researchers monitored the charging and discharging of 2.4 ampere-hour lithium-ion battery cells using commercially available, 1.25-centimeter-wide ultrasound sensors. In addition to the fact that ultrasonic waves with frequencies higher than that are considerably absorbed by battery materials, they examined relatively low-frequency 750 kHz, 1 MHz, and 1.5 MHz ultrasound waves. (As a point of comparison, human hearing ranges from about 20 hertz to 20 kHz.)
Market Players Outlook
The major companies serving the automotive battery sensor market include DENSO Corporation, E-Eighteen.com Ltd., Furukawa Electric Co., Ltd., HELLA GmbH & Co. KGaA, Infineon Technologies AG, and others. The market players are considerably contributing to market growth through the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2023, Minebea Mitsumi Inc. launched the most rapid (*1) voltage detection response in the industry in the S-19114 Series of vehicle high-withstand voltage battery monitoring ICs.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. ams-OSRAM AG
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Analog Devices, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Continental AG
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Automotive Battery Sensor Market by Vehicle type
4.1.1. Fully Electric
4.1.1.1. Heavy Commercial Vehicle
4.1.1.2. Light Commercial Vehicle
4.1.1.3. Passanger car
4.1.2. Hybrid
4.1.2.1. Heavy Commercial Vehicle
4.1.2.2. Light Commercial Vehicle
4.1.2.3. Passanger car
4.2. Global Automotive Battery Sensor Market by Voltage type
4.2.2. 48 V
4.2.3. 24 V
4.2.4. 12 V
4.3. Global Automotive Battery Sensor Market by Communication technology type
4.3.2. Controller Area Network (CAN)
4.3.3. Local Interconnect Network (LIN)
5. Regional Analysis
5.2. North America
5.2.2. United States
5.2.3. Canada
5.3. Europe
5.3.2. UK
5.3.3. Germany
5.3.4. Italy
5.3.5. Spain
5.3.6. France
5.3.7. Rest of Europe
5.4. Asia-Pacific
5.4.2. China
5.4.3. India
5.4.4. Japan
5.4.5. South Korea
5.4.6. Rest of Asia-Pacific
5.5. Rest of the World
6. Company Profiles
6.2. DENSO Corporation
6.3. E-Eighteen.com Ltd.
6.4. Furukawa Electric Co., Ltd.
6.5. HELLA GmbH & Co. KGaA
6.6. Infineon Technologies AG
6.7. inomatic GmbH
6.8. LEM HOLDING SA
6.9. Metis Engineering Ltd,
6.10. Microchip Technology Inc.
6.11. Mouser Electronics, Inc.
6.12. NXP B.V.
6.13. systec Automotive GmbH
1. GLOBAL AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2022-2030 ($ MILLION)
2. GLOBAL FULLY ELECTRIC AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
3. GLOBAL HEAVY COMMERCIAL VEHICLE AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL LIGHT COMMERCIAL VEHICLE AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL PASSANGER CAR AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL HYBRID AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
7. GLOBAL HEAVY COMMERCIAL VEHICLE AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL LIGHT COMMERCIAL VEHICLE AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL PASSANGER CAR AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VOLTAGE TYPE, 2022-2030 ($ MILLION)
11. GLOBAL AUTOMOTIVE BATTERY SENSOR BY 48 V MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
12. GLOBAL AUTOMOTIVE BATTERY SENSOR BY 24 V MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
13. GLOBAL AUTOMOTIVE BATTERY SENSOR BY 12 V MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
14. GLOBAL AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY COMMUNICATION TECHNOLOGY TYPE , 2022-2030 ($ MILLION)
15. GLOBAL AUTOMOTIVE BATTERY SENSOR FOR CONTROLLER AREA NETWORK (CAN) MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
16. GLOBAL AUTOMOTIVE BATTERY SENSOR FOR LOCAL INTERCONNECT NETWORK (LIN) MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
17. GLOBAL AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. NORTH AMERICAN AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
19. NORTH AMERICAN AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE , 2022-2030 ($ MILLION)
20. NORTH AMERICAN AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VOLTAGE TYPE, 2022-2030 ($ MILLION)
21. NORTH AMERICAN AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY COMMUNICATION TECHNOLOGY TYPE , 2022-2030 ($ MILLION)
22. EUROPEAN AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. EUROPEAN AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE , 2022-2030 ($ MILLION)
24. EUROPEAN AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VOLTAGE TYPE, 2022-2030 ($ MILLION)
25. EUROPEAN AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY COMMUNICATION TECHNOLOGY TYPE , 2022-2030 ($ MILLION)
26. ASIA- PACIFIC AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
27. ASIA- PACIFIC AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE , 2022-2030 ($ MILLION)
28. ASIA- PACIFIC AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VOLTAGE TYPE, 2022-2030 ($ MILLION)
29. ASIA- PACIFIC AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY COMMUNICATION TECHNOLOGY TYPE , 2022-2030 ($ MILLION)
30. REST OF THE WORLD AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
31. REST OF THE WORLD AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE , 2022-2030 ($ MILLION)
32. REST OF THE WORLD AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY VOLTAGE TYPE, 2022-2030 ($ MILLION)
33. REST OF THE WORLD AUTOMOTIVE BATTERY SENSOR MARKET RESEARCH AND ANALYSIS BY COMMUNICATION TECHNOLOGY TYPE , 2022-2030 ($ MILLION)
1. GLOBAL AUTOMOTIVE BATTERY SENSOR MARKET SHARE BY VEHICLE TYPE, 2022 VS 2030 (%)
2. GLOBAL FULLY ELECTRIC AUTOMOTIVE BATTERY SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL HEAVY COMMERCIAL VEHICLE AUTOMOTIVE BATTERY SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL LIGHT COMMERCIAL VEHICLE AUTOMOTIVE BATTERY SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL PASSANGER CARAUTOMOTIVE BATTERY SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL AUTOMOTIVE BATTERY SENSOR MARKET SHARE BY VOLTAGE TYPE, 2022 VS 2030 (%)
7. GLOBAL AUTOMOTIVE BATTERY SENSOR BY 48 V MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL AUTOMOTIVE BATTERY SENSOR BY 24 V MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL AUTOMOTIVE BATTERY SENSOR BY 12 V MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL AUTOMOTIVE BATTERY SENSOR MARKET SHARE ANALYSIS BY COMMUNICATION TECHNOLOGY TYPE , 2022-2030 ($ MILLION)
11. GLOBAL AUTOMOTIVE BATTERY SENSOR FOR CONTROLLER AREA NETWORK (CAN) MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL AUTOMOTIVE BATTERY SENSOR FOR LOCAL INTERCONNECT NETWORK (LIN) MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL AUTOMOTIVE BATTERY SENSOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. US AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
15. CANADA AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
16. UK AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
17. FRANCE AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
18. GERMANY AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
19. ITALY AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
20. SPAIN AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
21. REST OF EUROPE AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
22. INDIA AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
23. CHINA AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
24. JAPAN AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
25. SOUTH KOREA AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
26. REST OF ASIA-PACIFIC AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)
27. REST OF THE WORLD AUTOMOTIVE BATTERY SENSOR MARKET SIZE, 2022-2030 ($ MILLION)