Global Automotive Intelligent Battery Sensor Market To rise at 11% by 2023

Automotive Intelligent Battery Sensor Market Analysis From 2019 To 2023 is latest report published by Market Research Future. According to report Global Automotive Intelligent Battery Sensor Market To rise at 11% by 2023. Automotive Intelligence Battery Sensor Market segmentation based on Product, Technology, Access Type, Vehicle Types and region.

The automotive intelligence battery sensor market is expected to witness 11% CAGR during the period, 2019 to 2023. intelligent battery sensor determines the characteristics of the battery such as charging capacity, health and ageing, to find these characteristics precise measurement of voltage, current and temperature of the battery is needed. Intelligence battery sensor gives a controlled application of the sensor to drive the vehicle start-stop, drive-by-wire system. The massive growing sales of passenger vehicles will boost the demand for intelligence battery sensor system with increased number of applications in running the vehicle. Increase in demand for autonomous vehicles and increase in technological innovations in electric components will enhance the growth of the market. Moreover, the growth of the market is challenged by the high price of the electric components.

The prominent players in the automotive intelligence battery sensor market include Continental AG (Germany), Robert Bosch GmbH (Germany), HELLA GmbH and Co. KGaA (Germany), Inomatic GmbH (Germany) and NXP Semiconductors (Netherlands), ams AG (Austria), Furukawa electric co., ltd. (Japan), Vishay Intertechnology Inc. (U.S.), DENSO CORPORATION (Japan), MTA S.p.A. (Italy) are among others.

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Market Research Analysis

In terms of region, the global market for automotive intelligence battery sensor are segmented into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is expected to hold the major market revenue share over the forecast period. Increase in the sales of vehicles in the Asia-Pacific and more awareness towards the environment safety will drive them to hold the highest market share throughout the forecast period. Exponential growth of the automotive sector in India, China, and Japan are projected to influence the growth of the automotive intelligent battery sensor market during the forecast period. Asia-Pacific will hold the highest CAGR during the forecast period due to owing increase in the sales of premium vehicles, rise in GDP and increased purchasing power of users. Japan is currently dominating the automotive intelligence battery sensor market in Asia-Pacific region.

The presence of major market players like Furukawa electric co., ltd. and DENSO CORPORATION in this country are driving the automotive intelligence battery sensor market in the Japan. Europe is expected to hold the substantial market share during the forecast period. Rising consumer demand and increasing number of international manufacturers in the region is expected to drive the automotive intelligence battery sensor market in this region. Germany being one of the leading exporters of automotive parts combined with presence of prominent market players like Continental AG, Robert Bosch GMBH, and HELLA GmbH and Co. KGaA is expected to lead the automotive intelligence battery sensor growth in Europe region.

Segmentation

Global Automotive Intelligence Battery Sensor Market Segmented by technology, voltage, vehicle type, electric vehicle and region.

By Technology

Motor Controller Unit (MCU)

Controller Area Network (CAN)

Local Interconnect Network (LIN)

By Voltage

12 Volt

14 Volt

24 Volt

48 Volt

By Vehicle type

Passenger Car

Commercial Vehicles

Regional Analysis:

Geographically, the global automotive intelligence battery sensor market has been divided into four major regions such as North America, Europe, Asia-Pacific and Rest of the World. Amongst all regions, Asia-Pacific is expected to dominate the growth of the market during the forecast period followed by the Europe. Exponential growth of the automotive sector in India, China, and Japan are projected to influence the growth of the automotive intelligent battery sensor market during the forecast period. Increase demand for passenger and commercial vehicles in China and India with fuel efficient system will drive the growth of the market.

List Of Tables

Table 1 Global Automotive Intelligence Battery Sensor Market, By Region, 2018–2023

Table 2 North America: Automotive Intelligence Battery Sensor Market, By Country, 2018–2023

Table 3 Europe: Automotive Intelligence Battery Sensor Market, By Country, 2018–2023

Table 4 Asia-Pacific: Automotive Intelligence Battery Sensor Market, By Country, 2018–2023

Table 5 Middle East & Africa: Automotive Intelligence Battery Sensor Market, By Country, 2018–2023

Table 6 Latin America: Automotive Intelligence Battery Sensor Market, By Country, 2018–2023

Table 7 Global Automotive Intelligence Battery Sensor Technology Market, By Region, 2018–2023

Table 8 North America: Automotive Intelligence Battery Sensor Technology Market, By Country, 2018–2023

Table 9 Europe: Automotive Intelligence Battery Sensor Technology Market, By Country, 2018–2023

Table 10 Asia-Pacific: Automotive Intelligence Battery Sensor Technology Market, By Country, 2018–2023

Table 11 Middle East & Africa: Automotive Intelligence Battery Sensor Technology Market, By Country, 2018–2023

Table 12 Latin America: Automotive Intelligence Battery Sensor Technology Market, By Country, 2018–2023

Table 13 Global Automotive Intelligence Battery Sensor Voltage Market, By Region, 2018–2023

Table 14 North America: Automotive Intelligence Battery Sensor Voltage Market, By Country, 2018–2023

Table 15 Europe: Automotive Intelligence Battery Sensor Voltage Market, By Country, 2018–2023

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