The Latin America, Middle East and Africa Automotive Sensor Fusion Market would witness market growth of 26.3% CAGR during the forecast period (2022-2028).
One of the key processes in autonomous driving applications is sensor fusion, which combines data from various sensors to lessen uncertainty compared to when sensors are utilised singly. Adoption of sensor fusion offers further advantages against sensor network attacks coming from the analogue domain while also improving system integrity, reliability, and robustness for normal operation.
Automakers can reduce the danger of malfunction or malicious behaviour that could harm individuals, their property, or the economy by properly integrating sensor fusion into their systems. The use of numerous sensors that measure the same quantity can improve reliability and give resilience to failure. All sensors and models have a tolerance error.
The UAE government's focus on the sector's expansion shows how it aims to use it to help the country's economic progress. It is projected that as Dubai enters a new phase of growth, it will also establish itself as the region's main automotive hub, expanding through the export and re-export of vehicles to the Middle East. The luxurious automobile is a status symbol for the UAE's elite society. More people (and not just a small part) than anywhere else in the globe live in the UAE at a higher standard of life. In addition, Dubai does not tax the income of its citizens. The automotive sensor fusion market is expected to increase in the LAMEA area as a result of the region's expanding automotive industry.
The Brazil market dominated the LAMEA Automotive Sensor Fusion Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $125.9 Million by 2028. The Argentina market is experiencing a CAGR of 27% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 26% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Automotive Sensor Fusion Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Automotive Sensor Fusion Market, by Propulsion Type
1.4.2 LAMEA Automotive Sensor Fusion Market, by Vehicle Type
1.4.3 LAMEA Automotive Sensor Fusion Market, by Technology
1.4.4 LAMEA 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. LAMEA Automotive Sensor Fusion Market by Propulsion Type
4.1 LAMEA ICE Market by Country
4.2 LAMEA BEV Market by Country
4.3 LAMEA HEV Market by Country
Chapter 5. LAMEA Automotive Sensor Fusion Market by Vehicle Type
5.1 LAMEA Passenger Cars Market by Country
5.2 LAMEA Light Commercial Vehicles Market by Country
5.3 LAMEA Heavy Commercial Vehicles Market by Country
Chapter 6. LAMEA Automotive Sensor Fusion Market by Technology
6.1 LAMEA IMU Market by Country
6.2 LAMEA Image Sensors Market by Country
6.3 LAMEA Radar Sensors Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Automotive Sensor Fusion Market by Country
7.1 Brazil Automotive Sensor Fusion Market
7.1.1 Brazil Automotive Sensor Fusion Market by Propulsion Type
7.1.2 Brazil Automotive Sensor Fusion Market by Vehicle Type
7.1.3 Brazil Automotive Sensor Fusion Market by Technology
7.2 Argentina Automotive Sensor Fusion Market
7.2.1 Argentina Automotive Sensor Fusion Market by Propulsion Type
7.2.2 Argentina Automotive Sensor Fusion Market by Vehicle Type
7.2.3 Argentina Automotive Sensor Fusion Market by Technology
7.3 UAE Automotive Sensor Fusion Market
7.3.1 UAE Automotive Sensor Fusion Market by Propulsion Type
7.3.2 UAE Automotive Sensor Fusion Market by Vehicle Type
7.3.3 UAE Automotive Sensor Fusion Market by Technology
7.4 Saudi Arabia Automotive Sensor Fusion Market
7.4.1 Saudi Arabia Automotive Sensor Fusion Market by Propulsion Type
7.4.2 Saudi Arabia Automotive Sensor Fusion Market by Vehicle Type
7.4.3 Saudi Arabia Automotive Sensor Fusion Market by Technology
7.5 South Africa Automotive Sensor Fusion Market
7.5.1 South Africa Automotive Sensor Fusion Market by Propulsion Type
7.5.2 South Africa Automotive Sensor Fusion Market by Vehicle Type
7.5.3 South Africa Automotive Sensor Fusion Market by Technology
7.6 Nigeria Automotive Sensor Fusion Market
7.6.1 Nigeria Automotive Sensor Fusion Market by Propulsion Type
7.6.2 Nigeria Automotive Sensor Fusion Market by Vehicle Type
7.6.3 Nigeria Automotive Sensor Fusion Market by Technology
7.7 Rest of LAMEA Automotive Sensor Fusion Market
7.7.1 Rest of LAMEA Automotive Sensor Fusion Market by Propulsion Type
7.7.2 Rest of LAMEA Automotive Sensor Fusion Market by Vehicle Type
7.7.3 Rest of LAMEA 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 LAMEA Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 7 LAMEA Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 8 LAMEA ICE Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA ICE Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA BEV Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA BEV Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA HEV Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA HEV Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 15 LAMEA Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 16 LAMEA Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 23 LAMEA Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 24 LAMEA IMU Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA IMU Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Image Sensors Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Image Sensors Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Radar Sensors Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Radar Sensors Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Automotive Sensor Fusion Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Automotive Sensor Fusion Market by Country, 2022 - 2028, USD Million
TABLE 34 Brazil Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 35 Brazil Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 36 Brazil Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 37 Brazil Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 38 Brazil Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 39 Brazil Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 40 Brazil Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 41 Brazil Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 42 Argentina Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 43 Argentina Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 44 Argentina Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 45 Argentina Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 46 Argentina Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 47 Argentina Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 48 Argentina Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 49 Argentina Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 50 UAE Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 51 UAE Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 52 UAE Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 53 UAE Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 54 UAE Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 55 UAE Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 56 UAE Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 57 UAE Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 58 Saudi Arabia Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 59 Saudi Arabia Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 60 Saudi Arabia Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 61 Saudi Arabia Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 62 Saudi Arabia Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 63 Saudi Arabia Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 64 Saudi Arabia Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 65 Saudi Arabia Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 66 South Africa Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 67 South Africa Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 68 South Africa Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 69 South Africa Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 70 South Africa Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 71 South Africa Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 72 South Africa Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 73 South Africa Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 74 Nigeria Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 75 Nigeria Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 76 Nigeria Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 77 Nigeria Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 78 Nigeria Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 79 Nigeria Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 80 Nigeria Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 81 Nigeria Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 82 Rest of LAMEA Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 83 Rest of LAMEA Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 84 Rest of LAMEA Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 85 Rest of LAMEA Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 86 Rest of LAMEA Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 87 Rest of LAMEA Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 88 Rest of LAMEA Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 89 Rest of LAMEA 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