Automotive Intelligence Battery Sensor Market Research Report, by Technology (MCU, CAN, LIN), Voltages (12 Volt, 14, 24, and 48), Vehicle Type (Passenger Car and Commercial Vehicles) and Electric Vehicles (BEV, HEV, and PHEV) - Forecast Till 2030

 Automotive Intelligence Battery Sensor Market Synopsis

An automotive intelligence battery sensor (IBS) is reliably and accurately measures the voltage, current and temperature of the battery. IBS checks the current energy status and determines the state of the charge, state of the health and state of the function of the battery. According to the German Automobile Association 50% of the vehicle breakdown cases are due to weak battery. The IBS can warn possible breakdowns that may not be caused by the battery. Thus IBS is the main element of vehicle energy management.  The IBS can be directly integrated into the vehicle's electrical system with the standardized Local Interconnect Network (LIN) protocol.The prominent players in the automotive intelligence battery sensor market include Continental AG (Germany), Robert Bosch GmbH (Germany), HELLA GmbH and Co. KGaA (Germany), Inomatic GmbH (Germany) and NXP Semiconductors (Netherlands), ams AG (Austria), Furukawa electric co., ltd. (Japan), Vishay Intertechnology Inc. (U.S.), DENSO CORPORATION (Japan), MTA S.p.A. (Italy) are among others.

Automotive intelligence battery sensor (IBS) market has seen a remarkable growth in the global market and it has been observed that it is expected to expand with the CAGR of ~11%. Growing automotive industry is the major driving factor of the global automotive intelligence battery sensor market. The escalating fuel consumption and increasing CO2 emission has led to the concern among people across the world. Growing awareness with concern about environment and increasing implementation of stringent government policies regarding road safety will further drive the automotive intelligence battery sensor market. In addition, increasing technological innovations in electric components and increase in demand for autonomous vehicles are expected to boost the market. Increase in demand for fuel efficiency standards and rapid increase in the passenger car sales worldwide is expected to create opportunities for the manufacturers to use these sensors in their vehicles. Government regulations towards safety and emissions mandate the automakers to install IBS in their vehicles, which further increases the growth of the market. However, high price of the automotive intelligence battery sensor will hinder the growth of the global automotive intelligence battery sensor market.    

The global automotive intelligence battery sensor market is segmented by technology (motor controller unit (MCU), controller area network (CAN) and local interconnect network (LIN)), voltage (12 volt, 14 volt, 24 volt, and 48 volt), vehicle type (passenger car and commercial vehicles) and electric vehicle (battery electric vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles).

Regional Analysis:

Geographically, the global automotive intelligence battery sensor market has been divided into four major regions such as North America, Europe, Asia-Pacific and Rest of the World. Amongst all regions, Asia-Pacific is expected to dominate the growth of the market during the forecast period followed by the Europe. Exponential growth of the automotive sector in India, China, and Japan are projected to influence the growth of the automotive intelligent battery sensor market during the forecast period. Increase demand for passenger and commercial vehicles in China and India with fuel efficient system will drive the growth of the market.

The report for Global Automotive Intelligence Battery Sensor Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.