Global Automotive Rain, Light, and Humidity Sensors Market 2018-2022

Overview of the global automotive rain, light, and humidity sensors market

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.

What's your takeaway?

Technavio's industry research report titled - Global Automotive Rain, Light, and Humidity Sensors Market, will help you-

• Identify latent opportunities and explorative solutions in the automotive rain, light, and humidity sensors market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Companies covered

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 -

• Bosch
• Continental
• DENSO
• HELLA
• Valeo

Segmentation by application and analysis of the automotive rain, light, and humidity sensors market

• Passenger car
• Commercial vehicle

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.

Geographical segmentation and analysis of the automotive rain, light, and humidity sensors market

• Americas
• APAC
• EMEA

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.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global automotive rain, light, and humidity sensors market?
• What are the key market trends impacting the growth of the global automotive rain, light, and humidity sensors market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive rain, light, and humidity sensors market?
• What are the market opportunities and threats faced by the vendors in the global automotive rain, light, and humidity sensors market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive rain, light, and humidity sensors market?

Technavio also offers customization on reports based on specific client requirement.