Table of Content

1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 25
TABLE 1 MARKET DEFINITION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COMPONENT 25
TABLE 2 MARKET DEFINITION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY OFFERING 25
TABLE 3 MARKET DEFINITION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SOFTWARE 26
TABLE 4 MARKET DEFINITION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY 26
TABLE 5 MARKET DEFINITION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY PROPULSION 26
TABLE 6 MARKET DEFINITION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY VEHICLE TYPE 27
TABLE 7 MARKET DEFINITION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR PLATFORM APPROACH 27
TABLE 8 MARKET DEFINITION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR FUSION PROCESS 27
1.2.1 INCLUSIONS AND EXCLUSIONS 28
TABLE 9 INCLUSIONS AND EXCLUSIONS 28
1.3 MARKET SCOPE 29
FIGURE 1 MARKETS COVERED 29
1.3.1 REGIONS COVERED 29
1.3.2 YEARS CONSIDERED 30
1.4 CURRENCY CONSIDERED 30
TABLE 10 CURRENCY EXCHANGE RATES 30
1.5 STAKEHOLDERS 31

2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 2 SENSORS MARKET FOR AUTONOMOUS VEHICLES: RESEARCH DESIGN 32
FIGURE 3 RESEARCH DESIGN MODEL 33
2.1.1 SECONDARY DATA 33
2.1.1.1 Key secondary sources 34
2.1.1.2 Key data from secondary sources 35
2.1.2 PRIMARY DATA 35
2.1.2.1 Primary interviews from demand and supply sides 36
2.1.2.2 Key industry insights and breakdown of primary interviews 36
FIGURE 4 KEY INDUSTRY INSIGHTS 36
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS 37
2.1.2.3 List of primary participants 37
2.2 MARKET SIZE ESTIMATION 38
FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 39
2.2.1 BOTTOM-UP APPROACH 39
FIGURE 7 BOTTOM-UP APPROACH 40
2.2.2 TOP-DOWN APPROACH 40
FIGURE 8 TOP-DOWN APPROACH 40
FIGURE 9 SENSORS MARKET FOR AUTONOMOUS VEHICLES: RESEARCH DESIGN & METHODOLOGY 41
2.2.3 RECESSION IMPACT ANALYSIS 41
2.3 DATA TRIANGULATION 42
FIGURE 10 DATA TRIANGULATION METHODOLOGY 42
FIGURE 11 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES 43
2.4 FACTOR ANALYSIS 44
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 44
2.5 RESEARCH ASSUMPTIONS 44
2.6 RESEARCH LIMITATIONS 45

3 EXECUTIVE SUMMARY 46
FIGURE 12 SENSORS MARKET FOR AUTONOMOUS VEHICLES: MARKET OVERVIEW 47
FIGURE 13 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 48
FIGURE 14 SENSORS MARKET FOR AUTONOMOUS VEHICLES: ONGOING MARKET TRENDS 49
FIGURE 15 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY HARDWARE, 2022?2030 49

4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SENSORS MARKET FOR AUTONOMOUS VEHICLES 51
FIGURE 16 INCREASING FOCUS ON SAFER VEHICLES AND ADVANCEMENTS IN VEHICLE TECHNOLOGY TO DRIVE MARKET 51
4.2 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COMPONENT 51
FIGURE 17 SOFTWARE SEGMENT TO REGISTER HIGHER CAGR THAN HARDWARE SEGMENT DURING FORECAST PERIOD 51
4.3 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY OFFERING 52
FIGURE 18 RADAR SENSORS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 52
4.4 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SOFTWARE 52
FIGURE 19 MIDDLEWARE SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 52
4.5 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY 53
FIGURE 20 L3 SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 53
4.6 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY PROPULSION 53
FIGURE 21 ELECTRIC SEGMENT TO GROW AT HIGHER RATE THAN ICE SEGMENT DURING FORECAST PERIOD 53
4.7 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY VEHICLE TYPE 54
FIGURE 22 PASSENGER CARS TO LEAD MARKET DURING FORECAST PERIOD 54
4.8 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR PLATFORM APPROACH 54
FIGURE 23 MID-LEVEL FUSION SEGMENT TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD 54
4.9 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR FUSION PROCESS 55
FIGURE 24 FEATURE-LEVEL FUSION SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 55
4.10 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION 55
FIGURE 25 EUROPE ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022 55

5 MARKET OVERVIEW 56
5.1 INTRODUCTION 56
5.2 MARKET DYNAMICS 57
FIGURE 26 SENSORS MARKET FOR AUTONOMOUS VEHICLES: MARKET DYNAMICS 57
5.2.1 DRIVERS 57
5.2.1.1 Growing penetration of ADAS safety features 57
TABLE 11 SAFETY FEATURES UNDER DEVELOPMENT 58
FIGURE 27 ADAS FEATURE OFFERING BY VEHICLE HARDWARE 59
5.2.1.2 Advancements in automotive sensor technology 59
FIGURE 28 VAYYAR 4D IMAGING RADAR SYSTEM 60
5.2.1.3 Development of autonomous commercial vehicles 60
FIGURE 29 DAIMLER L4 TRUCK ARCHITECTURE 61
5.2.1.4 Government initiatives for road safety 61
TABLE 12 GLOBAL REGULATIONS AND INITIATIVES FOR DRIVER ASSISTANCE SYSTEMS 62
5.2.2 RESTRAINTS 63
5.2.2.1 Lack of standardization in software architecture/hardware platforms 63
FIGURE 30 SENSOR INTERFACE STANDARDIZATION AT DIFFERENT STANDARDIZATION LEVELS 63
5.2.2.2 Insufficient infrastructure for vehicle connectivity 64
5.2.2.3 Increase in cybersecurity threats due to advancements in connectivity technology 64
5.2.3 OPPORTUNITIES 65
5.2.3.1 Growing development in autonomous space 65
5.2.3.2 Rising popularity of electric vehicles 65
FIGURE 31 EV SALES (2010–2021) 66
5.2.3.3 Increasing adoption of 5G and connectivity 66
FIGURE 32 5G NETWORK SERVICES IN DIFFERENT COUNTRIES 67
5.2.4 CHALLENGES 67
5.2.4.1 Security and safety concerns 67
5.2.4.2 Environmental constraints in using LiDAR 68
5.2.4.3 Hard to trade-off between price and overall quality 68
5.2.5 IMPACT OF MARKET DYNAMICS 69
5.3 PORTER’S FIVE FORCES ANALYSIS 69
TABLE 13 PORTER’S 5 FORCES IMPACT ON THE SENSORS MARKET FOR AUTONOMOUS VEHICLES 70
FIGURE 33 PORTER’S FIVE FORCES ANALYSIS 70
5.3.1 THREAT OF NEW ENTRANTS 71
5.3.2 THREAT OF SUBSTITUTES 71
5.3.3 BARGAINING POWER OF SUPPLIERS 71
5.3.4 BARGAINING POWER OF BUYERS 71
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 72
5.4 VALUE CHAIN ANALYSIS 72
5.4.1 VALUE CHAIN ANALYSIS: SENSORS MARKET FOR AUTONOMOUS VEHICLES 72
5.5 MACROECONOMIC INDICATORS 73
5.5.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES 73
TABLE 14 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD BILLION) 73
5.6 PRICING ANALYSIS 74
FIGURE 34 SENSORS MARKET FOR AUTONOMOUS VEHICLES: AVERAGE PRICE OF ADAS COMPONENTS 74
5.7 SENSORS MARKET FOR AUTONOMOUS VEHICLES ECOSYSTEM 75
FIGURE 35 SENSORS MARKET FOR AUTONOMOUS VEHICLES: ECOSYSTEM ANALYSIS 75
5.7.1 SENSORS 75
5.7.2 PROCESSORS 76
5.7.3 SOFTWARE AND SYSTEMS 76
5.7.4 OEMS 76
TABLE 15 SENSORS MARKET FOR AUTONOMOUS VEHICLES: ROLE OF COMPANIES IN ECOSYSTEM 76
5.8 KEY STAKEHOLDERS AND BUYING CRITERIA 77
5.8.1 PASSENGER CARS 77
5.8.2 COMMERCIAL VEHICLES 77
5.8.3 KEY STAKEHOLDERS IN BUYING PROCESS 78
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 2 APPLICATIONS 78
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 2 APPLICATIONS (%) 78
5.8.4 BUYING CRITERIA 78
FIGURE 37 KEY BUYING CRITERIA FOR TOP 2 APPLICATIONS 78
5.9 TECHNOLOGY ANALYSIS 79
5.9.1 SOLID-STATE LIDAR 79
5.9.2 TERRAIN SENSING SYSTEM FOR AUTONOMOUS VEHICLES 79
FIGURE 38 TERRAIN SENSING SYSTEM IN JAGUAR LAND ROVER 79
5.9.3 V2X CONNECTED AUTONOMOUS VEHICLES 80
5.9.4 AUTOMATED VALET PARKING (AVP) 80
5.9.5 NIGHT VISION AND THERMAL IMAGING 80
TABLE 17 TYPES OF NIGHT VISION/THERMAL IMAGING 81
5.10 PATENT ANALYSIS 81
FIGURE 39 NUMBER OF PUBLISHED PATENTS (2012–2024) 81
FIGURE 40 NUMBER OF DOCUMENTS 82
TABLE 18 IMPORTANT PATENT REGISTRATIONS RELATED TO SENSORS MARKET FOR AUTONOMOUS VEHICLES 82
5.11 CASE STUDY ANALYSIS 85
5.11.1 CASE STUDY 1: DATASPEED AUTONOMOUS VEHICLE SOLUTION 85
5.11.2 CASE STUDY 2: RENESAS BOOSTS DEEP LEARNING DEVELOPMENT FOR ADAS AND AUTOMATED DRIVING APPLICATIONS 85
5.11.3 CASE STUDY 3: DEVELOPING AUTONOMOUS DRIVING FOR GLOBAL OEM 86
5.11.4 CASE STUDY 4: AUTOMATED PARKING FOR STUTTGART AIRPORT 86
5.11.5 CASE STUDY 5: ZF’S NEW AI-BASED SERVICE FOR ADAS DEVELOPMENT 87
5.11.6 CASE STUDY 6: OPEN AUTONOMY PILOT FOR US STATE 87
5.11.7 CASE STUDY 7: TRANSPORTATION FOR THE IMPAIRED 88
5.12 REGULATORY OVERVIEW 88
5.12.1 REGULATIONS ON AUTONOMOUS VEHICLES USAGE BY COUNTRY 89
5.12.2 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
TABLE 19 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
TABLE 20 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
TABLE 21 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 93
FIGURE 41 REVENUE SHIFT FOR SENSORS MARKET FOR AUTONOMOUS VEHICLES 93
5.14 RECESSION IMPACT 93
5.14.1 INTRODUCTION 93
5.14.2 REGIONAL MACROECONOMIC OVERVIEW 94
5.14.3 ANALYSIS OF KEY ECONOMIC INDICATORS 94
TABLE 22 KEY ECONOMIC INDICATORS FOR SELECT COUNTRIES, 2021–2022 94
5.14.4 ECONOMIC STAGFLATION (SLOWDOWN) VS. ECONOMIC RECESSION 95
5.14.4.1 Europe 95
TABLE 23 EUROPE: KEY ECONOMIC INDICATORS, 2021–2023 95
TABLE 24 EUROPE: KEY INFLATION INDICATORS, 2021–2023 95
5.14.4.2 Asia Pacific 96
TABLE 25 ASIA PACIFIC: KEY ECONOMIC INDICATORS, 2021–2023 96
TABLE 26 ASIA PACIFIC: KEY INFLATION INDICATORS, 2021–2023 96
5.14.4.3 Americas 97
TABLE 27 AMERICAS: KEY ECONOMIC INDICATORS, 2021–2023 97
TABLE 28 AMERICAS: KEY INFLATION INDICATORS, 2021–2023 97
5.14.5 ECONOMIC PROJECTIONS 98
TABLE 29 GDP GROWTH PROJECTIONS FOR KEY COUNTRIES, 2024–2027 (% GROWTH) 98
5.15 RECESSION IMPACT ON AUTOMOTIVE SECTOR 99
5.15.1 ANALYSIS OF AUTOMOTIVE VEHICLE SALES 99
5.15.1.1 Europe 99
TABLE 30 EUROPE: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022 99
5.15.1.2 Asia Pacific 99
TABLE 31 ASIA PACIFIC: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022 99
5.15.1.3 Americas 100
TABLE 32 AMERICAS: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022 100
5.15.2 AUTOMOTIVE SALES OUTLOOK 100
TABLE 33 PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE PRODUCTION FORECAST, 2022 VS. 2030 (UNITS) 100
5.16 KEY CONFERENCES AND EVENTS, 2022–2023 101
TABLE 34 SENSORS MARKET FOR AUTONOMOUS VEHICLES: LIST OF CONFERENCES AND EVENTS 101
5.17 SENSORS MARKET FOR AUTONOMOUS VEHICLES, SCENARIOS (2022–2030) 102
5.17.1 MOST LIKELY SCENARIO 102
FIGURE 42 SENSORS MARKET FOR AUTONOMOUS VEHICLES – FUTURE TRENDS & SCENARIO, 2022–2030 (THOUSAND UNITS) 102
TABLE 35 SENSORS MARKET FOR AUTONOMOUS VEHICLES (MOST LIKELY), BY REGION, 2022–2030 (THOUSAND UNITS) 102
5.17.2 OPTIMISTIC SCENARIO 103
TABLE 36 SENSORS MARKET FOR AUTONOMOUS VEHICLES (OPTIMISTIC), BY REGION, 2022–2030 (THOUSAND UNITS) 103
5.17.3 PESSIMISTIC SCENARIO 103
TABLE 37 SENSORS MARKET FOR AUTONOMOUS VEHICLES (PESSIMISTIC), BY REGION, 2022–2030 (THOUSAND UNITS) 103

6 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COMPONENT 104
6.1 INTRODUCTION 105
FIGURE 43 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COMPONENT, 2022–2030 105
TABLE 38 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COMPONENT, 2022–2030 (USD MILLION) 105
6.1.1 ASSUMPTIONS 106
6.1.2 RESEARCH METHODOLOGY 106
6.2 HARDWARE 106
6.2.1 GROWING DEMAND FOR ADAS SAFETY SYSTEMS TO DRIVE SEGMENT 106
TABLE 39 TOP HARDWARE PROVIDERS, 2021 107
TABLE 40 HARDWARE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 107
6.3 SOFTWARE 108
6.3.1 GROWING DEMAND FOR AUTONOMOUS VEHICLE PLATFORMS AND RELATED SOFTWARE TO DRIVE SEGMENT 108
TABLE 41 SOFTWARE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 108
6.4 KEY INDUSTRY INSIGHTS 109

7 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY OFFERING 110
7.1 INTRODUCTION 111
FIGURE 44 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY OFFERING, 2022–2030 111
TABLE 42 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY OFFERING, 2022–2030 (THOUSAND UNITS) 111
TABLE 43 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY OFFERING, 2022–2030 (USD MILLION) 112
7.1.1 ASSUMPTIONS 112
7.1.2 RESEARCH METHODOLOGY 113
7.2 CAMERAS 113
7.2.1 GROWING DEMAND FOR NIGHT VISION SYSTEMS AND INTELLIGENT PARKING SYSTEMS TO INCREASE DEMAND 113
TABLE 44 CAMERAS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 113
TABLE 45 CAMERAS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 114
7.3 CHIPS/SEMICONDUCTORS (ECU, SOC) 114
7.3.1 GROWING DEMAND FOR ADVANCED AUTOMOTIVE FEATURES TO DRIVE SEGMENT 114
TABLE 46 CHIPS/SEMICONDUCTORS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 115
TABLE 47 CHIPS/SEMICONDUCTORS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 115
7.4 RADAR SENSORS 115
7.4.1 GROWING DEVELOPMENT OF AUTONOMOUS TECHNOLOGY TO INCREASE DEMAND FOR RADAR SYSTEMS IN VEHICLES 115
TABLE 48 RADAR SENSORS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 116
TABLE 49 RADAR SENSORS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 116
7.5 LIDAR SENSORS 117
7.5.1 INCREASING COST-EFFECTIVENESS OF LIDAR SYSTEMS TO INCREASE THEIR DEMAND IN AUTONOMOUS VEHICLES 117
TABLE 50 LIDAR SENSORS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 117
TABLE 51 LIDAR SENSORS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 118
7.6 OTHERS 118
TABLE 52 OTHERS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 119
TABLE 53 OTHERS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 119
7.7 KEY INDUSTRY INSIGHTS 119

8 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SOFTWARE 120
8.1 INTRODUCTION 121
FIGURE 45 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SOFTWARE, 2022–2030 (USD MILLION) 121
TABLE 54 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SOFTWARE, 2022–2030 (USD MILLION) 122
8.1.1 ASSUMPTIONS 122
8.1.2 RESEARCH METHODOLOGY 122
8.2 OPERATING SYSTEM 123
8.2.1 NEED FOR EFFICIENT DATA MANAGEMENT TO INCREASE OPERATING SYSTEM APPLICATION IN AUTONOMOUS VEHICLES 123
TABLE 55 OPERATING SYSTEM: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 123
8.3 MIDDLEWARE 123
8.3.1 INCREASED USE OF SENSOR FUSION IN AUTONOMOUS VEHICLE APPLICATIONS TO INCREASE MIDDLEWARE USE 123
TABLE 56 MIDDLEWARE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 124
8.4 APPLICATION SOFTWARE 124
8.4.1 GROWING LEVEL OF AUTOMATION TO INCREASE DEMAND FOR APPLICATION SOFTWARE 124
TABLE 57 APPLICATION SOFTWARE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 125
8.5 KEY INDUSTRY INSIGHTS 125

9 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY 126
9.1 INTRODUCTION 127
FIGURE 46 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 128
TABLE 58 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 128
9.1.1 ASSUMPTIONS 129
9.1.2 RESEARCH METHODOLOGY 129
9.2 L3 129
9.2.1 INCREASING SAFETY MANDATES TO FUEL DEMAND FOR L3 AUTONOMOUS VEHICLES 129
TABLE 59 L3: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 130
9.3 L4 130
9.3.1 GROWING SHIFT TOWARD FULL AUTOMATION TO INCREASE DEMAND FOR SENSORS FOR L4 AUTONOMOUS VEHICLES 130
TABLE 60 L4: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 131
9.4 L5 131
9.4.1 DEMAND FOR L5 AUTONOMY IN TAXIS AND PASSENGER VEHICLES TO DRIVE MARKET 131
TABLE 61 L5: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 132
9.5 KEY INDUSTRY INSIGHTS 132

10 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY PROPULSION 133
10.1 INTRODUCTION 134
FIGURE 47 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY PROPULSION, 2022–2030 (THOUSAND UNITS) 134
TABLE 62 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY PROPULSION, 2022–2030 (THOUSAND UNITS) 135
10.1.1 ASSUMPTIONS 135
10.1.2 RESEARCH METHODOLOGY 135
10.2 ICE 136
10.2.1 INCREASING SAFETY REGULATIONS TO FUEL DEMAND FOR SENSORS IN ICE AUTONOMOUS VEHICLES 136
TABLE 63 ICE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 136
10.3 ELECTRIC 136
10.3.1 ELECTRIFICATION TARGETS BY COUNTRIES TO DRIVE OEMS TOWARD DEVELOPING L4 AND ABOVE FEATURES MAINLY FOR EVS 136
TABLE 64 ELECTRIC: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 137
10.4 KEY INDUSTRY INSIGHTS 137

11 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY VEHICLE TYPE 138
11.1 INTRODUCTION 139
FIGURE 48 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY VEHICLE TYPE, 2022–2030 (THOUSAND UNITS) 139
TABLE 65 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY VEHICLE TYPE, 2022–2030 (THOUSAND UNITS) 140
11.1.1 OPERATIONAL DATA 140
TABLE 66 UPCOMING AND OPERATIONAL AUTONOMOUS CAR MODELS 140
11.1.2 ASSUMPTIONS 141
11.1.3 RESEARCH METHODOLOGY 141
11.2 PASSENGER CARS 141
11.2.1 MANDATES FOR LDW, DMS, AND FCW FEATURES TO INCREASE ADAS AND AUTONOMOUS VEHICLE DEMAND IN PASSENGER CARS SEGMENT 141
TABLE 67 PASSENGER CARS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 142
11.3 COMMERCIAL VEHICLES 142
11.3.1 PLANS BY COUNTRIES TO MANDATE ADAS FEATURES TO INCREASE DEMAND FOR AUTONOMOUS COMMERCIAL VEHICLES 142
TABLE 68 COMMERCIAL VEHICLES: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 143
11.4 KEY INDUSTRY INSIGHTS 143

12 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR PLATFORM APPROACH 144
12.1 INTRODUCTION 145
FIGURE 49 APPLICATIONS OF DIFFERENT SENSOR FUSION LEVELS 145
FIGURE 50 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR PLATFORM APPROACH, 2022–2030 (USD MILLION) 146
TABLE 69 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR PLATFORM APPROACH, 2022–2030 (USD MILLION) 146
TABLE 70 SENSOR FUSION LEVEL COMPARISON 147
12.1.1 ASSUMPTIONS 148
TABLE 71 ASSUMPTIONS: BY SENSOR PLATFORM APPROACH 148
12.1.2 RESEARCH METHODOLOGY 148
12.2 LOW-LEVEL FUSION 148
12.2.1 RAPID DEVELOPMENT OF ADVANCED SENSORS AND NEED FOR ACCURATE OBJECT DETECTION TO DRIVE SEGMENT 148
TABLE 72 LOW-LEVEL FUSION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 149
12.3 MID-LEVEL FUSION 149
12.3.1 DEMAND FOR SAFETY FEATURES IN VEHICLES TO DRIVE SEGMENT 149
TABLE 73 MID-LEVEL FUSION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 150
12.4 HIGH-LEVEL FUSION 150
12.4.1 INCREASING DEVELOPMENT OF BASIC SENSOR FUSION IN AUTOMOBILES TO DRIVE SEGMENT 150
TABLE 74 HIGH-LEVEL FUSION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 151
12.5 KEY INDUSTRY INSIGHTS 151

13 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR FUSION PROCESS 152
13.1 INTRODUCTION 153
FIGURE 51 APPLICATIONS OF DIFFERENT TYPES OF SENSOR FUSION PROCESSES IN VEHICLE 153
FIGURE 52 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR FUSION PROCESS, 2022–2030 (USD MILLION) 154
TABLE 75 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY SENSOR FUSION PROCESS, 2022–2030 (USD MILLION) 154
13.1.1 ASSUMPTIONS 154
TABLE 76 ASSUMPTIONS: BY SENSOR FUSION PROCESS 154
13.1.2 RESEARCH METHODOLOGY 155
13.2 SIGNAL-LEVEL FUSION 155
13.2.1 DEVELOPMENT OF NEW SENSORS WITH HIGHER ACCURACY AND LOWER COST TO INCREASE DEMAND FOR SIGNAL-LEVEL SENSOR FUSION 155
TABLE 77 SIGNAL-LEVEL FUSION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 156
13.3 OBJECT-LEVEL FUSION 156
13.3.1 ADVANCEMENTS IN AI TECHNOLOGIES TO DRIVE DEMAND FOR OBJECT-LEVEL SENSOR FUSION 156
TABLE 78 OBJECT-LEVEL FUSION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 157
13.4 FEATURE-LEVEL FUSION 157
13.4.1 NEED FOR MORE ACCURATE AND RELIABLE DATA FOR DECISION-MAKING IN COMPLEX AND DYNAMIC DRIVING ENVIRONMENTS TO DRIVE SEGMENT 157
TABLE 79 FEATURE LEVEL FUSION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 158
13.5 DECISION-LEVEL FUSION 158
13.5.1 GOVERNMENT REGULATIONS FOR SAFER DRIVING SYSTEMS AND INCREASING DEMAND FOR AUTONOMOUS TRANSPORTATION TO DRIVE SEGMENT 158
TABLE 80 DECISION-LEVEL FUSION: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (USD MILLION) 159
13.6 KEY INDUSTRY INSIGHTS 159

14 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION 160
14.1 INTRODUCTION 161
TABLE 81 PHASES IN AUTONOMOUS VEHICLE DEVELOPMENT AND IMPACTS 161
FIGURE 53 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 162
TABLE 82 SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY REGION, 2022–2030 (THOUSAND UNITS) 162
14.2 ASIA PACIFIC 163
FIGURE 54 ASIA PACIFIC: SENSORS MARKET FOR AUTONOMOUS VEHICLES SNAPSHOT 164
TABLE 83 ASIA PACIFIC: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COUNTRY, 2022–2030 (THOUSAND UNITS) 164
14.2.1 CHINA 165
14.2.1.1 Increasing deployment of autonomous vehicles for testing by ride-hailing aggregators to increase demand for sensors 165
TABLE 84 KEY COMPANIES IN AUTONOMOUS VEHICLE TECHNOLOGY AND THEIR KNOWN PARTNERS IN CHINA 165
TABLE 85 LIST OF KEY START-UPS IN CHINA 166
TABLE 86 CHINA: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 166
14.2.2 JAPAN 167
14.2.2.1 Government initiatives for road safety and push for autonomous vehicles to drive market 167
TABLE 87 LIST OF KEY START-UPS IN JAPAN 167
TABLE 88 JAPAN: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 168
14.2.3 SOUTH KOREA 168
14.2.3.1 Government focus on autonomous vehicle deployment to drive market 168
TABLE 89 LIST OF KEY START-UPS IN SOUTH KOREA 169
TABLE 90 SOUTH KOREA: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 169
14.2.4 INDIA 169
14.2.4.1 Increasing prices of petrol and diesel to drive market 169
TABLE 91 LIST OF KEY START-UPS IN INDIA 170
TABLE 92 INDIA: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 170
14.3 EUROPE 170
FIGURE 55 EUROPE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COUNTRY, 2022–2030 (THOUSAND UNITS) 171
TABLE 93 EUROPE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COUNTRY, 2022–2030 (THOUSAND UNITS) 171
14.3.1 GERMANY 172
14.3.1.1 Strong autonomous vehicle development ecosystem to drive market 172
TABLE 94 AUTONOMOUS VEHICLE SENSOR AND SENSING PLATFORM START-UPS IN GERMANY 172
TABLE 95 GERMANY: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 173
14.3.2 FRANCE 173
14.3.2.1 Government mandates for road safety to increase demand for autonomous vehicle sensing systems 173
TABLE 96 AUTONOMOUS VEHICLE SENSOR AND SENSING PLATFORM START-UPS IN FRANCE 174
TABLE 97 FRANCE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 174
14.3.3 ITALY 175
14.3.3.1 Growing consumer demand for luxury automobiles with advanced safety features to drive market 175
TABLE 98 ITALY: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 175
14.3.4 UK 175
14.3.4.1 Increasing demand for advanced safety and leisure features on luxury vehicles to drive market 175
TABLE 99 AUTONOMOUS VEHICLE SENSOR AND SENSING PLATFORM START-UPS IN UK 176
TABLE 100 UK: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 176
14.3.5 REST OF EUROPE 177
TABLE 101 REST OF EUROPE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 177
14.4 NORTH AMERICA 177
FIGURE 56 NORTH AMERICA: SENSORS MARKET FOR AUTONOMOUS VEHICLES SNAPSHOT 178
TABLE 102 NORTH AMERICA: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COUNTRY, 2022–2030 (THOUSAND UNITS) 179
14.4.1 US 179
14.4.1.1 Government support for developing and testing autonomous vehicles to drive market 179
TABLE 103 AUTONOMOUS VEHICLE SENSOR AND SENSING PLATFORM START-UPS IN US 180
TABLE 104 US: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 180
14.4.2 CANADA 181
14.4.2.1 Strong start-up ecosystem and presence of leading tier 1 component manufacturers to drive market 181
TABLE 105 AUTONOMOUS VEHICLE SENSOR AND SENSING PLATFORM START-UPS IN CANADA 181
TABLE 106 CANADA: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 182
14.5 REST OF THE WORLD 182
FIGURE 57 REST OF THE WORLD: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COUNTRY, 2022–2030 183
TABLE 107 REST OF THE WORLD: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY COUNTRY, 2022–2030 (THOUSAND UNITS) 183
14.5.1 BRAZIL 184
14.5.1.1 Expansion of R&D centers for autonomous vehicle development due to export demand to drive market 184
TABLE 108 BRAZIL: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 184
14.5.2 UAE 185
14.5.2.1 Increasing development in autonomous driving to boost market 185
TABLE 109 UAE: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 185
14.5.3 OTHERS 186
TABLE 110 OTHERS: SENSORS MARKET FOR AUTONOMOUS VEHICLES, BY LEVEL OF AUTONOMY, 2022–2030 (THOUSAND UNITS) 186

15 COMPETITIVE LANDSCAPE 187
15.1 OVERVIEW 187
15.2 MARKET RANKING ANALYSIS 187
FIGURE 58 MARKET RANKING ANALYSIS FOR SENSORS MARKET FOR AUTONOMOUS VEHICLES, 2022 187
15.3 MARKET EVALUATION FRAMEWORK: REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 189
FIGURE 59 TOP PUBLIC/LISTED PLAYERS DOMINATING SENSORS MARKET FOR AUTONOMOUS VEHICLES 189
15.4 COMPETITIVE SCENARIO 190
15.4.1 DEALS 190
TABLE 111 DEALS, 2020–2023 190
15.4.2 PRODUCT DEVELOPMENTS 191
TABLE 112 NEW PRODUCT DEVELOPMENTS, 2020–2023 191
15.4.3 OTHERS, 2020–2023 192
TABLE 113 EXPANSIONS, 2020–2023 192
15.5 COMPETITIVE LEADERSHIP MAPPING FOR SENSORS MARKET FOR AUTONOMOUS VEHICLES 193
15.5.1 STARS 193
15.5.2 EMERGING LEADERS 193
15.5.3 PERVASIVE PLAYERS 194
15.5.4 PARTICIPANTS 194
FIGURE 60 SENSORS MARKET FOR AUTONOMOUS VEHICLES: COMPETITIVE LEADERSHIP MAPPING FOR TOP PLAYERS, 2022 194
15.6 COMPANY EVALUATION QUADRANT: SENSORS MARKET FOR AUTONOMOUS VEHICLES 195
TABLE 114 COMPANY PRODUCT FOOTPRINT 195
15.7 SENSORS MARKET FOR AUTONOMOUS VEHICLES: COMPANY APPLICATION FOOTPRINT FOR MANUFACTURERS, 2022 195
15.8 SENSORS MARKET FOR AUTONOMOUS VEHICLES: REGIONAL FOOTPRINT FOR MANUFACTURERS, 2022 196
15.9 COMPETITIVE EVALUATION QUADRANT: SMES AND START-UPS 197
15.9.1 PROGRESSIVE COMPANIES 197
15.9.2 RESPONSIVE COMPANIES 197
15.9.3 DYNAMIC COMPANIES 197
15.9.4 STARTING BLOCKS 197
FIGURE 61 SENSORS MARKET FOR AUTONOMOUS VEHICLES: COMPETITIVE LEADERSHIP MAPPING FOR OTHER PLAYERS, 2022 198
TABLE 115 SENSORS MARKET FOR AUTONOMOUS VEHICLES: DETAILED LIST OF KEY START-UPS 199

16 COMPANY PROFILES 200
(Business overview, Products offered, Recent developments & MnM View)*
16.1 KEY PLAYERS 200
16.1.1 ROBERT BOSCH GMBH 200
TABLE 116 ROBERT BOSCH GMBH: BUSINESS OVERVIEW 200
FIGURE 62 ROBERT BOSCH GMBH: COMPANY SNAPSHOT 201
FIGURE 63 BOSCH ADAS SYSTEMS 202
TABLE 117 ROBERT BOSCH GMBH: PRODUCTS OFFERED 202
TABLE 118 ROBERT BOSCH GMBH: NEW PRODUCT DEVELOPMENTS 203
TABLE 119 ROBERT BOSCH GMBH: DEALS 203
16.1.2 CONTINENTAL AG 206
TABLE 120 CONTINENTAL AG: BUSINESS OVERVIEW 206
FIGURE 64 CONTINENTAL AG: COMPANY SNAPSHOT 207



18 APPENDIX 281
18.1 KEY INSIGHTS FROM INDUSTRY EXPERTS 281
18.2 DISCUSSION GUIDE 281
18.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 284
18.4 CUSTOMIZATION OPTIONS 286
18.5 RELATED REPORTS 286
18.6 AUTHOR DETAILS 287