Automotive Rain Sensor Market worth 4.15 Billion USD by 2020

Automotive Rain Sensor Market by Region (APAC, Europe, North America & Rest of the World), and by Vehicle Type (PC, LCV & HCV) - Trends and Forecast to 2020 The automotive rain sensor market is driven by increased demand for comfort features and driver safety in automobiles. The automotive rain sensor market, in terms of value, is projected to grow at a CAGR of 6.05% from 2015 to 2020, to reach a market size of USD 4.15 Billion by PDF

LCV Segment: Promising market for automotive rain sensors The report segments the automotive rain sensor market on the basis of vehicle type into Passenger Car (PC), Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV). Passenger Cars are one of the largest contributors to the automotive rain sensor market. However, the LCV segment shows promising growth opportunities in automotive applications due to the increasing vehicle production in regions such as North America. Earlier, rain sensors, used in rain sensing wiper systems, were only incorporated in luxury cars. The system was just an additional comfort feature initially but the growing demand for convenience has forced the OEMs to equip their vehicles with rain sensing wiper systems. Thus, the market is expected to grow. It has become possible to install the rain sensor in various segments owing to the decrease in average unit price.

Europe: One of the major markets for automotive rain sensors The report segments the European region into Germany, France, U.K. and other countries. With the advancement in technology, vehicle electrification has increased, which has thus increased the use of sensors in vehicles. Germany is expected to hold the largest share in the European automotive rain sensor market. In 2014, Germany ranked number one in terms of production and sales of automotive vehicles in the European region as the region produced 5.6 million passenger cars and more than 303,500 trucks and buses. Also, the German OEM market share in Western Europe was more than 51 per cent in The German automakers generated revenue of more than USD billion from exports.

The report covers all the major players in the global automotive rain sensor market that includes companies such as HELLA KGaA Hueck & Co. (Germany), ZF TRW (U.S.), Valeo SA (France), Denso Corporation (Japan) & Robert Bosch GmBH (Germany). The report covers the automotive rain sensor market, in terms of volume (‘000 units) and value (USD million). It explains the qualitative and quantitative aspects of the automotive rain sensor market on the basis of region, and vehicle type from 2015 to It also provides an overview of technical factors and other important aspects of the automotive rain sensor market.

Browse >> 64 market data tables 49 figures 119 pages and in-depth TOC on “Automotive Rain Sensor Market – Trends and Forecast to 2020” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

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