Global Functional Safety Market

Automotive safety systems are devices that minimize the risk of injuries, help prevent accidents and mitigate the impacts of collisions. These systems are designed to either work automatically or require drivers to activate them when desired. Common automotive safety systems include seatbelts, airbags, collapsible steering columns, occupant sensing systems, traction control, tire pressure monitors, anti-lock braking systems (ABS), lane departure warning systems (LDWS), and others. Active safety systems aid in preventing car crashes. Passive safety systems are designed to assist in preventing car crashes. Active systems are proactive safety measures that manage steering, braking, and propulsion to help avoid accidents. The automotive safety systems are for vehicle types such as passenger cars and commercial vehicles and are used by end-users such as OEMs and aftermarkets. The automotive safety systems market research report is one of a series of new reports from The Business Research Company that provides automotive safety systems market statistics, including automotive safety systems industry global market size, regional shares, competitors with an automotive safety systems market share, detailed automotive safety systems market segments, market trends and opportunities, and any further data you may need to thrive in the automotive safety systems industry. This automotive safety systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive safety systems market size grew from $106.98 billion in 2022 to $118.12 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive safety systems market size is expected to grow to $173.43 billion in 2027 at a CAGR of 10.1%. The increasing demand for electric vehicles is expected to put pressure on automotive safety systems during the forecast period. Electric vehicles require safety features such as adaptive cruise control (ACC), blind spot warning, auto braking, lane assist, and others, which drive the market. For instance, in 2021, electric car sales doubled to 6.6 million from 3 million in 2020. Hence, the growing demand for electric vehicles is expected to generate more demand for automotive safety systems, thus driving the market during the period. New technological developments are a key trend gaining popularity in the automotive safety systems market. The automotive industry is increasingly focusing on integrating smarter and safer safety systems into vehicles for better safety in different terrains and conditions. For instance, in January 2022, Sweden-based truck manufacturer Volvo Vehicles introduced Active Grip Control, a unique safety feature for electric trucks. The new technology significantly improves acceleration, stability, and braking in slippery conditions. The new safety feature also decreases the risk of oversteering and jackknifing when driving unloaded. In May 2020, The ZF Friedrichshafen AG Company, a Germany-based technology company, acquired WABCO for an undisclosed amount. The transaction will allow ZF to become a world leader in commercial automotive systems and improve the existing digital platforms in the market. WABCO Vehicle Control Systems is a US-based company that provides electronic braking, stability, suspension, and transmission automation systems for heavy-duty commercial vehicles. Major players in the automotive safety systems market are Autoliv Inc., Continental AG, ZF Friedrichshafen AG, Valeo, Mobileye, Robert Bosch GmbH, Infineon Technologies AG, Knorr-Bremse AG, Nihon Plast Co., Ltd., Toyoda Gosei Co., Ltd., Delphi Automotive PLC., Magna International, Takata Corporation, Grammer AG, Lear Corporation, Johnson Controls, Toyota Boshoku, Hella KGaA Hueck & Co., Bendix Commercial Vehicle Systems LLC, WABCO Vehicle Control System, Ford Motor Company, and Joyson Safety Systems North America will be the largest region in the automotive safety systems market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive safety systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive safety systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive safety systems market of sales of seatbelts, airbags, collapsible steering columns, occupant sensing systems, traction control, tire pressure monitors, anti-lock braking systems (ABS), and lane departure warning systems (LDWS).Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive safety systems market is segmented - 1) By Type: Active Safety System, Passive Safety System 2) By Vehicle Type: Passenger Cars, Commercial Vehicles 3) By End User: OEM, Aftermarket

Pipeline safety refers to a set of responsibilities that apply to all pipelines. Integrating pipeline security into the pipeline infrastructure helps monitor, control, and analyze main network connectivity. The main types of components for the pipeline safety market are solutions and services. Solutions include premier intrusion detection, secure communication, SCADA for pipeline, pipeline monitoring system, and industrial control system security. Premier intrusion detection is a network security technology which have fence mounted sensor to detect any form of intrusion from the perimeter and help in allowing critical time for security teams to respond to unauthorized intrusions. Secure connection is when two parties are communicating and not allowing the third party to listen to it. SCADA (supervisory control and data acquisition) for a pipeline is used to detect the error and for transferring the information and necessary data for the operation of the pipeline facility through communication networks. The pipeline monitoring system includes dashboards to visualize the metrics of the pipeline functionality, industrial control system security helps to strengthen cybersecurity. The services used in pipeline safety are professional and pipeline integrity management services. The services are used by natural gas, crude oil, refined products, and others. The pipeline safety market research report is one of a series of new reports from The Business Research Company that provides pipeline safety market statistics, including pipeline safety industry global market size, regional shares, competitors with a pipeline safety market share, detailed pipeline safety market segments, market trends and opportunities, and any further data you may need to thrive in the pipeline safety industry. This pipeline safety market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global pipeline safety market size grew from $8.57 billion in 2022 to $9.5 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pipeline safety market size is expected to grow to $14.02 billion in 2027 at a CAGR of 10.2%. The increase in demand for oil and gas leads to the development of pipeline infrastructure, which eventually drives the growth of the pipeline safety market. For instance, in January 2021, the Government of India announced the plan to spend $60 billion for establishing gas infrastructures such as pipelines, liquefied natural gas terminals, and city gas distribution networks. In 2020, the United States imported around 7.86 MMb/d of petroleum, which included 5.88 MMb/d of crude oil and 1.98 MMb/d of noncrude petroleum liquids and refined petroleum products. The rise in the usage of piped gas lines contributes to the demand for the pipeline safety market. The use of artificial intelligence (AI) for detecting issues in the pipeline is a key trend in the pipeline safety market. The technologies like artificial intelligence (AI), and leak detection software improve pipeline security and safety. For instance, in April 2021, ABB Ltd., a Switzerland-based technology company, introduced HoverGuard, a mobile gas leak detection system for the detection of odorless and invisible gas leaks in pipeline systems. HoverGuard is an unmanned aerial vehicle (UAV)-based system that uses laser-based sensing technology and sophisticated data analytics to detect, quantify and map leaks from natural gas distribution and transmission pipelines, by gathering lines, storage facilities, and other potential sources quickly to generates comprehensive digital reports automatically to offer safety and reliability. In August 2022, Baker Hughes Company, a US-based multinational industrial service company acquired Quest Integrity for an undisclosed amount. Through this acquisition, Baker Hughes Company aims to expand its portfolio in asset inspection solutions for the energy and industrial sectors. Quest Integrity is a US-based asset integrity and reliability management solutions, provider. Major players in the pipeline safety market are BAE Systems, Siemens AG, Schneider Electric SE, Honeywell International Inc., General Electric, ABB Group, Huawei Technologies Co. Ltd., AVEVA, Senstar, Perma-Pipe, Future Fiber Technologies, Leater, Total Safety, TTK, Rockwell Automation Inc., Cisco Systems, HCL Technologies, and ESRI Inc., North America was the largest region in the pipeline safety market in 2022. Asia-Pacific is expected to grow faster in the forecast period. The regions covered in the pipeline safety report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the pipeline safety market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The pipeline safety market includes revenues earned by entities by offering software technology and solutions to protect and secure pipelines that carry energy products such as crude oil, natural gas, and other fuels. Integration of pipeline safety into pipelines allows monitoring and controlling of the main network connectivity and has various benefits such as reduced liability, less insurance cost, and low administration cost. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global pipeline safety market is segmented - 1) By Component: Solutions, Services 2) By End User: Natural Gas, Crude Oil, Refined Products, Other End Users 3) By Application: Onshore, Offshore

Fire safety equipment is a collection of tools and appliances used to extinguish fires. It can be utilized by professional firefighters and untrained users on the site of a fire, or it can be integrated into the infrastructure of a building (such as a sprinkler system). The main types of products in fire safety equipment are extinguishers, fire hydrants, respirators, and other products. A fire extinguisher is a portable device used to put out a small fire by directing onto it a substance that cools the burning fire, deprives the flame of oxygen, or interferes with the chemical reactions occurring in the fire flame. The solutions include fire detection and suppression and involve various technologies such as active and passive fire safety systems. These are used in commercial, industrial, and residential applications. The fire safety equipment market research report is one of a series of new reports from The Business Research Company that provides fire safety equipment market statistics, including fire safety equipment industry global market size, regional shares, competitors with a fire safety equipment market share, detailed fire safety equipment market segments, market trends and opportunities, and any further data you may need to thrive in the fire safety equipment industry. This fire safety equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global fire safety equipment market size grew from $42.47 billion in 2022 to $45.75 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fire safety equipment market size is expected to grow to $58.32 billion in 2027 at a CAGR of 6.3%. The rapid growth of the construction industry is expected to propel the growth of the fire safety equipment market going forward. Construction is the process of building, altering, repairing, remodelling, improving, or demolishing any structures. Fire safety equipment is widely used at the construction site to protect the user from fire. For instance, according to Invest India, an India-based investment promotion and facilitation agency, the construction industry is expected to reach $1.4 trillion by 2025. Furthermore, by 2030, India's real estate business would be worth $1 trillion, contributing 13% of the country's GDP. Therefore, the rapid growth of the construction industry drives the growth of the fire safety equipment market. Strategic partnerships have emerged as a key trend gaining popularity in the fire safety equipment market. Major companies operating in the fire safety equipment sector are focused on new partnerships to strengthen their position. For instance, in July 2021, MSA Safety Incorporated, a US-based manufacturer of safety products, partnered with Perspective Robotics AG, a Switzerland-based aerial robotics design and manufacturing firm. Through this partnership, the two companies will work together to increase fire scene situational awareness locally and remotely. Further, in November 2020, the American University of Sharjah, a UAE-based institution, partnered with Emirates Fire Fighting Equipment Factory LLC, a UAE-based firefighting equipment factory. Through this partnership, these two companies will work together in areas of research, student internships, fire protection engineering, and community awareness initiatives. In January 2021, CertaSite, a US-based company that provides fire protection services, acquired Great Lakes Fire & Safety Equipment Company for an undisclosed amount. This deal helps the company develop its customer base and expand into new markets under CertaSite. Great Lakes is a US-based company that manufactures fire extinguishers. Major players in the fire safety equipment market are Bosch Security System Inc., Hamla PLC, Hochiki Corporation, Honeywell International Inc., Johnson Controls International PLC., Napco Security Technologies Inc., Siemens Building Technologies pvt. Ltd., Gentex Corporation, Eaton Corporation Inc., Nittan Company Ltd., Space Age Electronics, Lowa Fire Equipment Company, Hiren Industrial Corporation, Larsen Manufacturing, and NAFFCO. North America was the largest region in the fire safety equipment market in 2022. The regions covered in the fire safety equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fire safety equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The fire safety equipment market consists of sales of fire bucket, fire hydrants and water mist systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global fire safety equipment market is segmented - 1) By Product: Extinguisher, Fire Hydrant, Respirator, Other Products 2) By Solution: Fire Detection, Fire Suppression 3) By Technology: Active Fire Safety Systems, Passive Fire Safety Systems 4) By Application: Commercial, Industrial, Residential

The electrical safety personal protective equipment are used to protect the workers from electrical hazards. It is a safety device used to reduce electrical exposure causing severe mortality in an industry or workplace. It has features including tear-resistance and dimension change, flame resistance and flame propagation, and thermal arc resistance. The main types of products in electrical safety personal protective equipment are head protection, eye and face protection, hearing protection, protective footwear, hand protection, arc rated clothing. Eye protection is a type of personal protective equipment (PPE) designed to prevent injury to the eye; Face protection is a variety of personal protective equipment (PPE) that is designed to shield the entire face. It is applied in shock hazard and arc flash hazard applications, that are used in the different sectors include electrical, automotive, oil and gas, machinery, construction, mining, and other end users. The electrical safety personal protective equipment market research report is one of a series of new reports from The Business Research Company that provides electrical safety personal protective equipment market statistics, including electrical safety personal protective equipment industry global market size, regional shares, competitors with an electrical safety personal protective equipment market share, detailed electrical safety personal protective equipment market segments, market trends and opportunities, and any further data you may need to thrive in the electrical safety personal protective equipment industry. This electrical safety personal protective equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global electrical safety personal protective equipment market size grew from $13.14 billion in 2022 to $14.56 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The electrical safety personal protective equipment market size is expected to grow to $19.94 billion in 2027 at a CAGR of 8.2%. Growth in industrialisation is significantly contributing to the growth of the electrical safety personal protective equipment market. Industrialisation is the process of transformation of any economy from agricultural to manufacturing of goods by developing industries. The growth in various industries is increasing the electricity demand as well as promoting the use of electrical safety personal protective equipment to protect the workers from electrical hazards. For instance, according to the Trading Economics report, in February 2022, industrial production in the United States climbed by 7.5% year over year, the largest yearly growth since June 2021. Therefore, the growth in industrialisation is promoting the growth of the electrical safety personal protective equipment market. Strategic partnerships and collaborations have emerged as a key trend gaining popularity in the electrical safety personal protective equipment market. Key players in the market are focusing on partnerships and collaborations to reinforce their position. For instance, in August 2020, BASF, a US-based chemicals company, partnered with Maincal, an Argentina-based shoe factory, to launch of first safety shoe made with Expanded Thermoplastic Polyurethane (E-TPU), Infinergy with compression technology in South America. It is designed for workers in automotive, logistics, food industries, and other challenging work areas. Also, In March 2021, Unisync Corp., a Canada-based provider of corporate apparel and protective garments, announced a strategic partnership with Mark's, a Canada-based clothing and footwear retailer specializing in casual and industrial wear, to deliver branded safety boots across its large scale managed clothing uniform contracts, beginning with one of the company's major airline clients. With this collaboration with Mark's, Unisync can now expand their product offering to include footwear in a service-oriented approach. In April 2021, Honeywell, a US-based conglomerate corporation, acquired Norcross Safety Products for $1.2 billion. This acquisition will provide Honeywell with a complete platform in a fragmented, global segment which is expected to yield substantial growth opportunities. Norcross Safety Products is a US-based company that manufactures personal protective equipment. Major players in the electrical safety personal protective equipment market are Honeywell International Inc., Ansell Ltd., Baymro Safety China, COFRA S.r.l. 3M, Kimberly-Clark, UVEX Group, MSA, Mallcom, Udyog, Paulson Manufacturing, Rock Fall (UK) Ltd., National Safety Apparel, Chicago Protective Apparel Inc., Cintas Corporation, and Sibille Fameca Electric. Asia-Pacific was the largest region in the electrical safety personal protective equipment market in 2022. The regions covered in the electrical safety personal protective equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electrical safety personal protective equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The electrical safety personal protective equipment market consists of sales gloves, boots, protective hoods, safety glasses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global electrical safety personal protective equipment market is segmented - 1) By Product Type: Head Protection, Eye And Face Protection, Hearing Protection, Protective Footwear, Hand Protection, Arc Rated Clothing 2) By Application: Shock Hazard, Arc Flash Hazard 3) By End-User: Electrical, Automotive, Oil and Gas, Machinery, Construction, Mining, Other End Users

The automotive switch are used to establish or disconnect electrical connections between the power source and the on-board power supply. Automotive switches are used in vehicles for a large number of switching tasks, in various designs and uses for safety and comfort. The main types of automotive switches are ignition switches, HVAC switches, steering wheel switches, window switches, overhead console switches, seat control switches, door switches, hazard switches, and multi-purpose switches. Ignition switches consist of several components working together and controlled by the vehicle’s internal computer to get the vehicle started. Automotive switches are of various designs, such as rocket switches, rotary switches, toggle switches, and push switches. Automotive switches are used in vehicles that include PCVs, LCVs, HCVs, and two-wheelers. Automotive switches are used in indicator system switches, HVAC, EMS, and electronic system switch applications. The automotive switch research report is one of a series of new reports from The Business Research Company that provides automotive switch statistics, including automotive switch industry global market size, regional shares, competitors with automotive switch share, detailed automotive switch segments, market trends and opportunities, and any further data you may need to thrive in the sutomotive switch industry. This automotive switch research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive switch market size grew from $19.48 billion in 2022 to $21.29 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The automotive switch market size is expected to grow to $31.6 billion in 2027 at a CAGR of 10.4%. The increasing adoption of electric vehicles globally is expected to propel the growth of the automotive switch market. An electric vehicle is a type of vehicle that does not use fuel like petrol, diesel, etc. Electric vehicles make use of electrical current while moving. Electric vehicles have low running costs as they have very few moving parts for maintenance and are also very environmentally friendly. For instance, according to Power Electronics in the United States, in 2021, electric vehicle markets are growing in all three countries: China, the US, and Europe. Sales increased by 160% in the first half of 2021, which means 0.26 billion units of electric vehicles were sold, showing 26% of new sales in the global automotive market. China remained the world’s top EV market, accounting for 12% of sales. Automotive switches are used as internal parts in cars. Therefore, the increasing adoption of electric vehicles drives the automotive switch market. Technological advancements in fingerprint automotive start are a key trend gaining popularity in the automotive switch market. Major companies operating in the automotive switch sector are focused on developing new technological solutions to strengthen their position. For instance, in September 2021, Genesses, a US-based company, announced TECH – a fingerprint automation system based on advanced technology and automotive intelligence. These are fingerprint automation-driven automotive switches. It helps the driver completely control the vehicle on the basis of biometric information without a smartphone or a smart key. The driver can drive the car using fingerprint recognition. The fingerprint authentication can also be used for in-vehicle usage and for the release of valet mode. The company is planning to introduce this technology in the new module GV60. In August 2022, Cummins Inc., a US-based automotive component manufacturer acquired Meritor, Inc for a deal of 3.7 billion. Through this acquisition, Cummins Inc aims to strengthen its products and capabilities in axle and brake technology. Meritor, Inc., is a US-based manufacturer of automobile components. Major players in the automotive switch market are ZF Friedrichshafen AG, Johnson Electric Holdings Limited, Leopold Kostal GmbH & Co. Kg, Marquardt GmbH, Preh GmbH, Valeo, and Robert Bosch. Asia-Pacific was the largest region in the automotive switch market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the automotive switch market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Automotive Switch market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive switch consists of sales of power relays, PCB power relays, DC small power relay, power relays high capacities switching, AC power latching relays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive switch market is segmented - 1) By Type: Ignition Switches, HVAC Switches, Steering Wheel Switches, Window Switches, Overhead Console Switches, Seat Control Switches, Door Switches, Hazard Switches, Multi-purpose Switches, Other Types 2) By Design: Rocket Switches, Rotary Switches, Toggle switches, Push Switches 3) By Vehicle: PCV, LCV, HCV, Two Wheelers 4) By Application: Indicator System Switches, HVAC, EMS Switches, Electronic System Switches, Others Switches

The automotive sensors are used to detect, transmit, analyse, record, and display information about the vehicle's internal and external surroundings. Automotive sensors are intelligent sensors that monitor the vehicle's condition and either provide information to the user or automatically make the required changes to the vehicle. Automotive sensors check incoming air temperature, fuel-air mixture, manifold pressure, wheel speed, and others. The main types of automotive sensors are temperature sensors, pressure sensors, speed sensors, level-position sensors, magnetic sensors, gas sensors, and inertial sensors. Temperature sensors measure the temperature of the air outside the automobile. It usually consists of thermocouples, thermistors, or resistance. Automotive sensors are based on different types of technology, such as nano-electro-mechanical systems and micro-electro-mechanical systems. Automotive sensors are used in various vehicle types, including passenger cars, light commercial vehicles, and heavy commercial vehicles. These automotive sensors are used on the powertrain, chassis, exhaust, ADAS, and other applications. The automotive sensors research report is one of a series of new reports from The Business Research Company that provides automotive sensors statistics, including global market size, regional shares, competitors with automotive sensors share, detailed automotive sensors segments, market trends and opportunities, and any further data you may need to thrive in the automotive sensors industry. This automotive sensors research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive sensors market size grew from $24.79 billion in 2022 to $28.29 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The automotive sensors market size is expected to grow to $48.05 billion in 2027 at a CAGR of 14.2%. The rising adoption of autonomous vehicles is expected to propel the growth of the automotive sensors market. Autonomous vehicles are driverless vehicles that operate and perform necessary functions on their own without any human intervention. The use of automotive sensors in autonomous vehicles has reduced the drivers' stress and increased the productivity of the vehicle. For instance, the global autonomous car market is projected to grow from $1.64 billion in 2021 to $11.03 billion in 2028 at a CAGR of 31.3% due to the increased demand. Hence, the rising adoption of autonomous vehicles plays an important role in the growth of the automotive sensors market. The rise in the use of pressure sensors in the automotive industry is a key trend gaining popularity in the automotive sensor market. Pressure sensors are used for discovering the early faults in hydraulic brakes, optimising the fuel mix to match the air pressure, automatic cleaning of exhaust filters, tracking exhaust recirculation, critical fluid examinations, finding vapour leakages, triggering airbags faster, and launching pedestrian airbags. For example, in September 2020, Sensata Technologies, Inc., an industrial technology company and a leading provider of sensors, launched the new PTE7100 and PTE7300 hermetic pressure sensors for industrial applications. The sensor is made with the leading micro silicon strain gauge technology in the automotive industry. The sensor has several unique features, including high accuracy, burst strength, and shock performance, making it a robust solution for customers with challenging measurement requirements. In April 2020, Infineon Technologies AG, a semiconductor manufacturer in Germany, acquired Cypress Semiconductor Corporation for $10 billion. The acquisition is expected to enhance Infineon’s position as a leader in system solutions for the IoT, automotive, and industrial markets. Cypress Semiconductor Corporation is an American manufacturer of sensors and semiconductors. The automotive sensors market is dominated by Robert Bosch GmbH, Continental AG, DENSO Corporation, Infineon Technologies AG, Sensata Technologies, Allegro Microsystems Inc., Analog Devices Inc., ELMOS Semiconductor SE, Aptiv plc, NXP Semiconductors N.V., STMicroelectronics N.V., CTS Corporation, Texas Instruments Incorporated, TE Connectivity Ltd., ZF Friedrichshafen, Magna International. Asia-Pacific was the largest region in the automotive sensors market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the automotive sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Automotive Sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive sensors market consists of revenues earned by entities by providing automotive sensors services such as autonomous driving and automated parking system. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive sensors market also includes sales of battery mini-breakers, thermal cutoff devices, capacitors, contactors, DC power distribution modules, DC solenoids and relays equipment which are used in providing automotive sensors services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive sensors market is segmented - 1) By Type: Temperature Sensors, Pressure Sensors, Speed Sensors, Level/Position Sensors, Magnetic Sensors, Gas Sensors, Inertial Sensors 2) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle 3) By Technology: Nano-Electro-Mechanical Systems, Micro-Electro-Mechanical Systems 4) By Application Type: Powertrain, Chassis, Exhaust, ADAS, Other Applications

Artificial intelligence (AI) is a simulation of the human intelligence in machines that are programmed to think and behave like humans. AI helps to complete the job quickly and with relatively few errors. The main components of automotive artificial intelligence are hardware, software, and services. The hardware market consists of sales of hardware by entities (organizations, sole traders, and partnerships), that are integrated into the automotive artificial intelligence field. AI hardware orchestrates and coordinates computations among accelerators, serving as a differentiator in AI. AI hardware primarily consists of CPU (Central Processing Units), GPU (Graphics Processing Units), FPGA (Field Programmable Gate Arrays), and an ASIC (Application Specific Integrated Circuits). The main types of automotive artificial intelligence include automotive drive and ADAS. The different process of automotive artificial intelligence includes signal recognition, image recognition, and data mining. The different technologies used in automotive artificial intelligence include deep learning, machine learning, context awareness, computer vision, and natural language processing. Automotive artificial intelligence is used in semi-autonomous driving, autonomous driving, and human-machine interface. The automotive artificial intelligence market research report is one of a series of new reports from The Business Research Company that provides automotive artificial intelligence market statistics, including automotive artificial intelligence industry global market size, regional shares, competitors with an automotive artificial intelligence market share, detailed automotive artificial intelligence market segments, market trends and opportunities, and any further data you may need to thrive in the automotive artificial intelligence industry. This automotive artificial intelligence market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global automotive artificial intelligence market size grew from $1.98 billion in 2022 to $2.79 billion in 2023 at a compound annual growth rate (CAGR) of 40.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive artificial intelligence market size is expected to grow to $10.51 billion in 2027 at a CAGR of 39.3%. The growing demand for autonomous vehicles is expected to propel the growth of the automotive artificial intelligence market. Artificial intelligence has a wide range of applications in the automotive industry. As technology evolves, the automobile industry has taken advantage of discoveries to provide new ways to make driving more autonomous. Using artificial intelligence to develop self-driving automobiles is one of them. A self-driving car (also known as an autonomous car or driverless car) is a vehicle that travels to locations without the need for a human driver by utilizing a variety of sensors, radars, cameras, and artificial intelligence. For instance, according to Deloitte, the global automotive AI market will culminate in a total volume of around $27 billion in 2025. Therefore, a rise in demand for automotive cars drives the growth of automotive artificial intelligence. Strategic collaborations between companies are a key trend gaining popularity in the automotive artificial intelligence market. Companies providing artificial automotive intelligence are undergoing partnerships and collaborations to develop new technologies and products. For instance, in May 2021, a mobile transportation company based in China and Volvo, an automobile manufacturing company based in Sweden, are involved in a partnership with automatic driving vehicles. Through this partnership, Volvo will provide Didi with XC90 SUVs fitted with steering and brake backup systems. The vehicles will be the first to use Didi Gemini, the ride-hailing company's new self-driving hardware platform, and will be tested with human safety drivers. In the other partnership, in February 2021, Volkswagen, a German-based automobile manufacturer, and Microsoft, an American multinational technology corporation that produces computer software, consumer electronics, personal computers, and related services, partnered to develop self-driving car software. With this partnership, Volkswagen and Microsoft will together develop the "Volkswagen Automotive Cloud". The service will support all of the German automaker's digital and mobility products, including car-sharing and other shared mobility services. By 2020, Volkswagen hopes to have more than 5 million linked vehicles in the cloud, thanks to the Internet of Things. As part of the agreement, the businesses will open a new automotive cloud development center near Microsoft's headquarters in Redmond, Washington. In June 2020, Mercedes-Benz A German-based luxury automobile manufacturing company, and Nvidia, an American-based multinational technology company that designs graphics processing units as well as systems-on-chip units for the mobile computing and automotive market, entered into a partnership to build the world’s most advanced, software-defined vehicles. The partnership enables Mercedes-Benz to launch software-defined, intelligent vehicles using end-to-end NVIDIA technology. Beginning in 2024, every next-generation Mercedes-Benz vehicle will include Nvidia's first-of-its-kind software-defined computing architecture, which includes the most powerful computers, system software, and applications for consumers, signaling the shift from traditional vehicles to high-performance, updateable computing devices. Major players in the automotive artificial intelligence market are DiDi Chuxing Technology, Otto Motors, Waymo LLC, Microsoft Corporation, Intel Corporation, NVIDIA Corporation, BMW AG, IBM Corporation, Harman International Industries Inc., Xilinx Inc., Qualcomm Inc., Tesla Inc., Volvo Car Corporation, Micron Technology, Inc., Toyota, and Uber Technologies. North America was the largest region in the automotive artificial intelligence market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive artificial intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive artificial intelligence market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The automotive artificial intelligence market includes revenues earned by entities by offering automotive artificial intelligence. It refers to solutions that can collect and process massive volumes of vehicle data, deliver actionable insights, and improve privacy and data security. Automotive artificial intelligence is at the heart of autonomous driving, allowing for real-time recognition of items in the vehicle's environment and improved maintenance and fleet management used in the production of self-driving automobiles. AI automotive solutions improve navigation systems, improve voice command understanding, and streamline regular activities, all of which lead to improved business processes and have the potential to improve user experience, accelerate innovation cycles, and optimize the overall manufacturing and maintenance workflow. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).  The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive artificial intelligence market is segmented - 1) By Component: Hardware, Software, Service 2) By Type: Automatic Drive, ADAS 3) By Process: Signal Recognition, Image Recognition, Data Mining 4) By Technology: Deep Learning, Machine Learning, Context Awareness, Computer Vision, Natural Language Processing 5) By Application: Semi-Automatic, Human Machine Interface, Autonomous Driving

The automotive microcontrollers refer to self-contained systems consisting of processors, memory, and peripherals, and used as an embedded system. The system uses an integrated chip that is used to control the functions in automobiles. Microcontrollers are used in a system that is small and consists of the least number of components. The systems used in automobiles are remote control systems, operating systems, and automobile audio systems. The main types of automotive microcontrollers are 8-bit, 16-bit, and 32-bit. The 8-bit microcontroller contains an 8-bit CPU. Internal operations are performed on 8-bit numbers, and external I/O is obtained through 8-bit buses. Automotive microcontrollers are used in different vehicle types such as passenger ICE vehicles, commercial ICE vehicles, and electric vehicles and are used for connectivity such as vehicle to vehicle (V2V) connectivity, vehicle to infrastructure (V2I) connectivity, and vehicle to cloud (V2C) connectivity. Technologies used in automotive microcontrollers include adaptive cruise control, park assist systems, blind spot detection, and tyre pressure monitoring systems. Applications of automotive microcontrollers include powertrain and chassis, body electronics, safety and security systems, and infotainment and telematics. The automotive microcontrollers research report is one of a series of new reports from The Business Research Company that provides automotive microcontrollers statistics, including automotive microcontrollers industry global market size, regional shares, competitors with automotive microcontrollers share, detailed automotive microcontrollers segments, market trends and opportunities, and any further data you may need to thrive in the automotive microcontrollers industry. This automotive microcontrollers research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive microcontrollers market size grew from $11.69 billion in 2022 to $12.84 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The automotive microcontrollers market size is expected to grow to $18.8 billion in 2027 at a CAGR of 10.0%. Growing demand for driverless vehicles is contributing to the growth of the automotive microcontrollers market. An autonomous vehicle is able to operate itself and perform necessary functions without human intervention. An autonomous vehicle utilizes a fully automated driving system to allow the vehicle to respond to external conditions. Multicore microcontroller families support autonomous driving applications. For instance, according to Hindu Business Line data 2021, autonomous driving is increasingly gaining popularity as 3.5 million passenger cars sold worldwide had level 2 autonomy driving features in Q4 2020, growing 91% year-on-year. Growing demand for driverless vehicles will drive the automotive microcontrollers market. Mergers and acquisitions are a key trend gaining popularity in the automotive microcontrollers market. In August 2021, Analog Devices, a US-based semiconductor company, acquired Maxim Integrated for a deal of $20 billion. This acquisition creates an analog semiconductor giant with more than 50,000 products, giving it the scale to become a more formidable foe to Texas Instruments. Maxim Integrated is a US-based company that manufactures and sells analog and mixed-signal integrated circuits for the automotive and industrial markets. In April 2020, Infineon Technologies AG, a German semiconductor manufacturer, acquired Cypress Semiconductor Corporation for an undisclosed amount. This acquisition of Cypress will enhance its focus on structural growth drivers and applications. Cypress Semiconductor Corporation is a US-based semiconductor manufacturing company. In April 2020, Infineon Technologies AG, a German semiconductor manufacturer, acquired Cypress Semiconductor Corporation for an undisclosed amount. This acquisition of Cypress will enhance its focus on structural growth drivers and applications. Cypress Semiconductor Corporation is a US-based automotive microcontroller manufacturing company. Major players in the automotive microcontrollers market are Toshiba Corp, Infineon Technologies AG, NXP Semiconductors, ON Semiconductor, Analog Devices Inc., Renesas Electronics Corporation, STMicroelectronics NV, Cypress Semiconductor Corporation, Microchip Technology Inc., Rohm Semiconductors, Texas Instrument Incorporated, Maxim Integrated, Silicon Labs Private Limited, and Fujitsu Limited. Asia-Pacific was the largest region in the automotive microcontrollers market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive microcontrollers market report are Asia-Pacific,Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Automotive Microcontrollers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive microcontrollers market consists of sales of battery cell controllers, battery chargers, battery sensors .Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive microcontrollers market is segmented - 1) By Type: 8 Bit, 16 Bit, 32 Bit 2) By Vehicle Type: Passenger ICE Vehicle, Commercial ICE Vehicle, Electric Vehicle 3) By Connectivity: Vehicle to Vehicle (V2V) Connectivity, Vehicle to Infrastructure (V2I) Connectivity, Vehicle to Cloud (V2C) Connectivity 4) By Technology: Adaptive Cruise Control, Park Assist System, Blind Spot Detection, Tire Pressure Monitoring System 5) By Application Type: Powertrain and Chassis, Body Electronics, Safety and Security Systems, Infotainment and Telematics