The Europe Automotive Sensor Fusion Market would witness market growth of 22.0% CAGR during the forecast period (2022-2028).
In order to continuously analyze their environment, make wise decisions, and anticipate any changes that can affect a route, autonomous driving systems use four fundamental machine learning functions. The automation of driving is performed by combining sensors and autonomous vehicle technologies. Since they are capable of independent decision-making and driving tasks, autonomous cars are replacing conventional vehicles on the road.
3700 people every day, or 1.3 million people annually, lose their lives in traffic accidents. By equipping vehicles with the required safety features, the majority of accidents can be avoided. The need for autonomous vehicles will skyrocket in a few years. The majority of the auto industry and research institutions are putting all of their effort into ensuring the safety of self-driving automobiles.
The development of highly accurate environment perception and navigation algorithms that can safely move from one location to another while avoiding obstacles is necessary to make self-driving automobiles a reality. As is well known, a camera or other visual-based sensor has limitations in low light and inclement weather. LiDAR's effectiveness is constrained by harsh weather conditions including persistent fog and heavy rain. The data from radar is rather scarce for identifying and tracking obstacles, despite the fact that it operates well in all weather conditions.
In December 2021, battery electric vehicles accounted for almost 25% of all new cars sold in the UK. Since road transportation there is currently decarbonizing at an astounding rate, the UK is leading this revolution. The government, which is dedicated to keeping at the forefront of this change, was the first in the G7 to announce the phase-out dates for modern gasoline and diesel-powered vehicles, vans, and Lorries. With the expanding automotive industry across the region, the automotive sensor fusion market would also expand in Europe.
The Germany market dominated the Europe Automotive Sensor Fusion Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $479.9 Million by 2028. The UK market is anticipated to grow at a CAGR of 21.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 22.9% during (2022 - 2028).
Based on Propulsion Type, the market is segmented into ICE, BEV, and HEV. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles. Based on Technology, the market is segmented into IMU, Image Sensors, Radar Sensors, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Automotive Sensor Fusion Market will Hit $7.3 Billion by 2028, at a CAGR of 22.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, TE Connectivity Ltd., Infineon Technologies AG, ZF Friedrichshafen AG, TDK Corporation, STMicroelectronics N.V., Aptiv PLC, and Texas Instruments, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Propulsion Type
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Technology
- IMU
- Image Sensors
- Radar Sensors
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- NVIDIA Corporation
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- TE Connectivity Ltd.
- Infineon Technologies AG
- ZF Friedrichshafen AG
- TDK Corporation
- STMicroelectronics N.V.
- Aptiv PLC
- Texas Instruments, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive Sensor Fusion Market, by Propulsion Type
1.4.2 Europe Automotive Sensor Fusion Market, by Vehicle Type
1.4.3 Europe Automotive Sensor Fusion Market, by Technology
1.4.4 Europe Automotive Sensor Fusion Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Oct – 2022, Nov) Leading Players
Chapter 4. Europe Automotive Sensor Fusion Market by Propulsion Type
4.1 Europe ICE Market by Country
4.2 Europe BEV Market by Country
4.3 Europe HEV Market by Country
Chapter 5. Europe Automotive Sensor Fusion Market by Vehicle Type
5.1 Europe Passenger Cars Market by Country
5.2 Europe Light Commercial Vehicles Market by Country
5.3 Europe Heavy Commercial Vehicles Market by Country
Chapter 6. Europe Automotive Sensor Fusion Market by Technology
6.1 Europe IMU Market by Country
6.2 Europe Image Sensors Market by Country
6.3 Europe Radar Sensors Market by Country
6.4 Europe Others Market by Country
Chapter 7. Europe Automotive Sensor Fusion Market by Country
7.1 Germany Automotive Sensor Fusion Market
7.1.1 Germany Automotive Sensor Fusion Market by Propulsion Type
7.1.2 Germany Automotive Sensor Fusion Market by Vehicle Type
7.1.3 Germany Automotive Sensor Fusion Market by Technology
7.2 UK Automotive Sensor Fusion Market
7.2.1 UK Automotive Sensor Fusion Market by Propulsion Type
7.2.2 UK Automotive Sensor Fusion Market by Vehicle Type
7.2.3 UK Automotive Sensor Fusion Market by Technology
7.3 France Automotive Sensor Fusion Market
7.3.1 France Automotive Sensor Fusion Market by Propulsion Type
7.3.2 France Automotive Sensor Fusion Market by Vehicle Type
7.3.3 France Automotive Sensor Fusion Market by Technology
7.4 Russia Automotive Sensor Fusion Market
7.4.1 Russia Automotive Sensor Fusion Market by Propulsion Type
7.4.2 Russia Automotive Sensor Fusion Market by Vehicle Type
7.4.3 Russia Automotive Sensor Fusion Market by Technology
7.5 Spain Automotive Sensor Fusion Market
7.5.1 Spain Automotive Sensor Fusion Market by Propulsion Type
7.5.2 Spain Automotive Sensor Fusion Market by Vehicle Type
7.5.3 Spain Automotive Sensor Fusion Market by Technology
7.6 Italy Automotive Sensor Fusion Market
7.6.1 Italy Automotive Sensor Fusion Market by Propulsion Type
7.6.2 Italy Automotive Sensor Fusion Market by Vehicle Type
7.6.3 Italy Automotive Sensor Fusion Market by Technology
7.7 Rest of Europe Automotive Sensor Fusion Market
7.7.1 Rest of Europe Automotive Sensor Fusion Market by Propulsion Type
7.7.2 Rest of Europe Automotive Sensor Fusion Market by Vehicle Type
7.7.3 Rest of Europe Automotive Sensor Fusion Market by Technology
Chapter 8. Company Profiles
8.1 NVIDIA Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 NXP Semiconductors N.V.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Robert Bosch GmbH
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 TE Connectivity Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Infineon Technologies AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.6 ZF Friedrichshafen AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.7 TDK Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional & Segmental Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.8 STMicroelectronics N.V.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.9 Aptiv PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.5.2 Acquisition and Mergers:
8.10. Texas Instruments, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
TABLE 1 Europe Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 2 Europe Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Sensor Fusion Market
TABLE 4 Product Launches And Product Expansions– Automotive Sensor Fusion Market
TABLE 5 Acquisition and Mergers– Automotive Sensor Fusion Market
TABLE 6 Europe Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 7 Europe Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 8 Europe ICE Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe ICE Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe BEV Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe BEV Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe HEV Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe HEV Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 15 Europe Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 16 Europe Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 23 Europe Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 24 Europe IMU Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe IMU Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Image Sensors Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Image Sensors Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Radar Sensors Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Radar Sensors Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Automotive Sensor Fusion Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Automotive Sensor Fusion Market by Country, 2022 - 2028, USD Million
TABLE 34 Germany Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 35 Germany Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 36 Germany Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 37 Germany Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 38 Germany Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 39 Germany Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 40 Germany Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 41 Germany Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 42 UK Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 43 UK Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 44 UK Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 45 UK Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 46 UK Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 47 UK Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 48 UK Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 49 UK Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 50 France Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 51 France Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 52 France Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 53 France Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 54 France Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 55 France Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 56 France Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 57 France Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 58 Russia Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 59 Russia Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 60 Russia Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 61 Russia Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 62 Russia Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 63 Russia Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 64 Russia Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 65 Russia Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 66 Spain Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 67 Spain Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 68 Spain Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 69 Spain Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 70 Spain Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 71 Spain Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 72 Spain Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 73 Spain Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 74 Italy Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 75 Italy Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 76 Italy Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 77 Italy Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 78 Italy Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 79 Italy Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 80 Italy Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 81 Italy Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 82 Rest of Europe Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 83 Rest of Europe Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 84 Rest of Europe Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 85 Rest of Europe Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 86 Rest of Europe Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 87 Rest of Europe Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 88 Rest of Europe Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 89 Rest of Europe Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 90 Key Information – NVIDIA Corporation
TABLE 91 Key Information – NXP Semiconductors N.V.
TABLE 92 key information – Robert Bosch GmbH
TABLE 93 Key information –TE Connectivity Ltd.
TABLE 94 Key Information – Infineon Technologies AG
TABLE 95 Key Information – ZF Friedrichshafen AG
TABLE 96 Key information – TDK Corporation
TABLE 97 Key Information – STMicroelectronics N.V.
TABLE 98 Key Information – Aptiv PLC
TABLE 99 Key Information – Texas Instruments, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Oct – 2022, NOv) Leading Players
FIG 5 SWOT Analysis: NVIDIA Corporation
FIG 6 Recent strategies and developments: NXP Semiconductors N.V.
FIG 7 Swot analysis: NXP semiconductors N.V.
FIG 8 Swot analysis: Robert Bosch GmbH
FIG 9 SWOT Analysis: TE Connectivity Ltd.
FIG 10 Recent strategies and developments: Infineon Technologies AG
FIG 11 Recent strategies and developments: ZF Friedrichshafen AG