Global Automotive Ultrasonic Technologies Market Size study & Forecast, by Type, by Application, by Vehicle Type and Regional Analysis, 2023-2030

Description

List of Tables

Global Automotive Ultrasonic Technologies Market is valued at approximately USD 1.66 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 2023-2030. Automotive ultrasonic technologies are the application of ultrasonic waves in the automotive industry for various purposes, predominantly in the development of Advanced Driver-Assistance Systems (ADAS) and other safety features. Ultrasonic sensors, which operate at frequencies beyond the range of human hearing, are employed to detect objects, measure distances, and assist in parking, collision avoidance, and blind-spot monitoring. These sensors emit ultrasonic waves that bounce off surrounding objects, and the returning signals are analyzed to determine the object's distance and location. The Automotive Ultrasonic Technologies Market is expanding because of factors such as increasing demand for Advanced Driver-Assistance Systems (ADAS), the growing trend of autonomous and electric vehicles and rising vehicle production and sales.

The overall growth in global vehicle production and sales is a key driver for the Automotive Ultrasonic Technologies Market. As more vehicles are equipped with ultrasonic sensors as standard or optional features, the market for these technologies expands. The International Energy Agency estimates that there were more than 16.5 million electric vehicles in use worldwide in 2021, an increase of 61% is 10.2 million units in the year 2020. Moreover, according to the European Automobile Manufacturers Association, In the year 2022, around 85.4 million motor vehicles were produced worldwide which indicated an increase of 5.7% compared to the year 2021. Rising vehicle sales and production are driving the market growth. In addition, the increase in parking concerns across the globe and stringent government regulation on the adoption of automated systems are creating new opportunities for market growth. However, the high cost of Automotive Ultrasonic Technologies stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Automotive Ultrasonic Technologies Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to rising technological advancement, rising adoption of autonomous vehicles, and rising demand for connected vehicles in the region. Europe is expected to grow at the fastest rate over the forecast period, owing to factors such as rising vehicle production, rising demand for electric vehicles, and rising development of ADAS technologies in the region.

Major market player included in this report are:

Aisin Corporation
Continental AG
Denso Corporation
Hyundai Mobis Co. Ltd.
Magna International Inc
Murata Manufacturing Co. Ltd.
Robert Bosch GMBH
TDK Corp.
Elmos Semiconductor SE
Valeo SA.

Recent Developments in the Market:

In July 2023, Valeo, a leading global automotive technology provider, inaugurated a second production line in Gujarat dedicated to the manufacturing of ultrasonic sensors. The opening of this assembly line was officiated by Marc Vrecko, President of Valeo's Comfort and Driving Assistance Business Group.
In June 2023, Murata Manufacturing Co., Ltd. introduced a ultrasonic sensor device specifically crafted for automotive purposes. Named the MA48CF15-7N, this sensor boasts outstanding sensitivity and rapid response times, housed within a hermetically sealed package to protect against liquid infiltration.

Global Automotive Ultrasonic Technologies Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, Vehicle Type, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Proximity Detection
Range Measurement

By Application:

Parking Assistance System
Blind Spot Detection
Others

By Vehicle Type:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Automotive Ultrasonic Technologies Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Automotive Ultrasonic Technologies Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Automotive Ultrasonic Technologies Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Automotive Ultrasonic Technologies Market, by Vehicle Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Automotive Ultrasonic Technologies Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Automotive Ultrasonic Technologies Market Dynamics

3.1. Automotive Ultrasonic Technologies Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for Advanced Driver-Assistance Systems (ADAS)
  - 3.1.1.2. Growing trend of autonomous and electric vehicles
  - 3.1.1.3. Rising vehicle production and sales
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Automotive Ultrasonic Technologies
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increase in parking concern across the globe
  - 3.1.3.2. Stringent government regulation on adoption of automotive system

Chapter 4. Global Automotive Ultrasonic Technologies Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Automotive Ultrasonic Technologies Market, by Type

5.1. Market Snapshot
5.2. Global Automotive Ultrasonic Technologies Market by Type, Performance - Potential Analysis
5.3. Global Automotive Ultrasonic Technologies Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Automotive Ultrasonic Technologies Market, Sub Segment Analysis
- 5.4.1. Proximity Detection
- 5.4.2. Range Measurement

Chapter 6. Global Automotive Ultrasonic Technologies Market, by Application

6.1. Market Snapshot
6.2. Global Automotive Ultrasonic Technologies Market by Application, Performance - Potential Analysis
6.3. Global Automotive Ultrasonic Technologies Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Automotive Ultrasonic Technologies Market, Sub Segment Analysis
- 6.4.1. Parking Assistance System
- 6.4.2. Blind Spot Detection
- 6.4.3. Others

Chapter 7. Global Automotive Ultrasonic Technologies Market, by Vehicle Type

7.1. Market Snapshot
7.2. Global Automotive Ultrasonic Technologies Market by Vehicle Type, Performance - Potential Analysis
7.3. Global Automotive Ultrasonic Technologies Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
7.4. Automotive Ultrasonic Technologies Market, Sub Segment Analysis
- 7.4.1. Passenger Cars
- 7.4.2. Light Commercial Vehicles
- 7.4.3. Heavy Commercial Vehicles
- 7.4.4. Electric Vehicles

Chapter 8. Global Automotive Ultrasonic Technologies Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Automotive Ultrasonic Technologies Market, Regional Market Snapshot
8.4. North America Automotive Ultrasonic Technologies Market
- 8.4.1. U.S. Automotive Ultrasonic Technologies Market
  - 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Vehicle Type breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Automotive Ultrasonic Technologies Market
8.5. Europe Automotive Ultrasonic Technologies Market Snapshot
- 8.5.1. U.K. Automotive Ultrasonic Technologies Market
- 8.5.2. Germany Automotive Ultrasonic Technologies Market
- 8.5.3. France Automotive Ultrasonic Technologies Market
- 8.5.4. Spain Automotive Ultrasonic Technologies Market
- 8.5.5. Italy Automotive Ultrasonic Technologies Market
- 8.5.6. Rest of Europe Automotive Ultrasonic Technologies Market
8.6. Asia-Pacific Automotive Ultrasonic Technologies Market Snapshot
- 8.6.1. China Automotive Ultrasonic Technologies Market
- 8.6.2. India Automotive Ultrasonic Technologies Market
- 8.6.3. Japan Automotive Ultrasonic Technologies Market
- 8.6.4. Australia Automotive Ultrasonic Technologies Market
- 8.6.5. South Korea Automotive Ultrasonic Technologies Market
- 8.6.6. Rest of Asia Pacific Automotive Ultrasonic Technologies Market
8.7. Latin America Automotive Ultrasonic Technologies Market Snapshot
- 8.7.1. Brazil Automotive Ultrasonic Technologies Market
- 8.7.2. Mexico Automotive Ultrasonic Technologies Market
8.8. Middle East & Africa Automotive Ultrasonic Technologies Market
- 8.8.1. Saudi Arabia Automotive Ultrasonic Technologies Market
- 8.8.2. South Africa Automotive Ultrasonic Technologies Market
- 8.8.3. Rest of Middle East & Africa Automotive Ultrasonic Technologies Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Aisin Corporation
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Continental AG
- 9.3.3. Denso Corporation
- 9.3.4. Hyundai Mobis Co. Ltd.
- 9.3.5. Magna International Inc.
- 9.3.6. Murata Manufacturing Co. Ltd.
- 9.3.7. Robert Bosch GMBH
- 9.3.8. TDK Corp.
- 9.3.9. Elmos Semiconductor SE
- 9.3.10. Valeo SA.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Automotive Ultrasonic Technologies Market, report scope
TABLE 2. Global Automotive Ultrasonic Technologies Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Automotive Ultrasonic Technologies Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Automotive Ultrasonic Technologies Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Automotive Ultrasonic Technologies Market estimates & forecasts by Vehicle Type 2020-2030 (USD Billion)
TABLE 6. Global Automotive Ultrasonic Technologies Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Automotive Ultrasonic Technologies Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Automotive Ultrasonic Technologies Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Automotive Ultrasonic Technologies Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Automotive Ultrasonic Technologies Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Automotive Ultrasonic Technologies Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Automotive Ultrasonic Technologies Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Automotive Ultrasonic Technologies Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Automotive Ultrasonic Technologies Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Automotive Ultrasonic Technologies Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Automotive Ultrasonic Technologies Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Automotive Ultrasonic Technologies Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Automotive Ultrasonic Technologies Market
TABLE 71. List of primary sources, used in the study of global Automotive Ultrasonic Technologies Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable.

LIST OF FIGURES

FIG 1. Global Automotive Ultrasonic Technologies Market, research methodology
FIG 2. Global Automotive Ultrasonic Technologies Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Automotive Ultrasonic Technologies Market, key trends 2022
FIG 5. Global Automotive Ultrasonic Technologies Market, growth prospects 2023-2030
FIG 6. Global Automotive Ultrasonic Technologies Market, porters 5 force model
FIG 7. Global Automotive Ultrasonic Technologies Market, pest analysis
FIG 8. Global Automotive Ultrasonic Technologies Market, value chain analysis
FIG 9. Global Automotive Ultrasonic Technologies Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Automotive Ultrasonic Technologies Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Automotive Ultrasonic Technologies Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Automotive Ultrasonic Technologies Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Automotive Ultrasonic Technologies Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Automotive Ultrasonic Technologies Market, regional snapshot 2020 & 2030
FIG 15. North America Automotive Ultrasonic Technologies Market 2020 & 2030 (USD Billion)
FIG 16. Europe Automotive Ultrasonic Technologies Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Automotive Ultrasonic Technologies Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Automotive Ultrasonic Technologies Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Automotive Ultrasonic Technologies Market 2020 & 2030 (USD Billion)