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Technavio’s market research analysts have identified the increasing adoption of rain sensing wiper system as one of the primary factors that will trigger the growth of the automotive rain, light, and humidity sensors market in the coming years. The automotive rain, light, and humidity sensors are efficiently used during rains in wiper units of vehicles for automatic activation of windshield wipers. Rain-sensing windshield wiper technology is based on the principle of total internal reflection as these sensors functions on the amount of light it receives. The sensors have the capability to regulate the speed of the wipers based on the intensity of the rainfall. To avoid driver’s distraction while handling wipers manually during rain and snow, automatic wipers get activated. Moreover, automotive rain, light, and humidity sensors can activate and deactivate the wiper system as per requirement and helps the driver concentrate during harsh weather conditions. Our market research analysts estimate that this market will grow steadily at a CAGR of more than 7% by 2022.
The increasing acceptance of electronic components is one of the key trends in the automotive rain, light, and humidity sensors market. Owing to several technological advances, passenger car segment is increasingly adopting electronic solutions. The major reason for the growing adoption of electronic components in vehicles is due to the rising demand for better navigation, safety, and comfort. The increase in electronic components per vehicle has significantly contributed to the integration of sensors in the last few years.
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The automotive rain, light, and humidity sensors market appears to be concentrated due to the presence of few vendors. This industry research report offers information about the competitive environment among companies in the automotive rain sensor market and offers an analysis of the key companies and their products. Moreover, the report also provides information about key areas the players are currently focusing on and the strategies they have followed to sustain the competition in this global market.
The report includes an analysis of a number of companies in this marketspace including -
During 2017, the passenger car segment accounted for the major share of the automotive rain sensor market. The growth of the market in this application segment mainly attributes to the increasing sales of passenger cars. According to our analysts, the market will witness considerable growth in this segment during the next few years as well.
Our market research analysts have predicted that though the Americas accounted for the majority shares of the automotive rain sensor market during 2017, APAC will contribute to the maximum growth of the companies in this market by the end of the forecast period due to the constantly increasing sales of vehicles.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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