Report Id: SNS/AUTO/2160 | July 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Automotive Intelligence Battery Sensor Market Size was valued at USD 3.34 billion in 2021 and is expected to reach USD 7.16 billion by 2028 and grow at a CAGR of 11.5% over the forecast period 2022-2028.
An automobile intelligence battery sensor, also known as an IBS, is able to measure the temperature, voltage, and current of the battery in a dependable and accurate manner. An intelligent battery sensor (IBS) is a shunt-type sensor that analyses the battery pack and delivers voltage, current, and temperature information. It is directly connected to the negative terminal of a vehicle's battery. IBS examines the current state of the battery's charge, as well as its health and ability to perform its functions, and reports its findings to the user. The IBS is able to provide a warning in the event of a potential breakdown that is not caused by the battery.
IBS regularly analyses the battery and reports on three key factors. These three parameters are the battery's state of charge, state of function (power capabilities), and state of health (age). The monitoring of the battery aids in the detection of faults and relays this information to the driver. This IBS is the primary component of the energy management system for the vehicle. Using the established Local Interconnect Network (LIN) protocol, the IBS can be directly linked to the electrical system of the car.
People all throughout the world are worried about rising fuel usage and CO2 emissions.
The global automotive intelligence battery sensor market is being fueled by a booming automotive sector.
Advancements in the field of electric components.
The market for self-driving cars is predicted to grow due to an increase in consumer demand.
The high cost of the automotive intelligence battery sensor will limit the expansion of the market.
Concern for the environment is on the rise.
The market will continue to grow as more government rules surrounding road safety are implemented.
Fuel economy regulations are becoming increasingly popular, which is leading to a rise in their use.
The government mandates that automakers put IBS in their vehicles.
These sensors are projected to be used more frequently due to an increase in sales of passenger vehicles.
Malfunctioning of the system could pose a threat to the market.
The expensive automotive intelligence battery sensor will challenge industry growth.
IMPACT OF COVID-19:
COVID-19 harmed the car sector by 2020 because to travel bans and lockdown-related restrictions. The pandemic affects all automotive and transportation industries, including Automotive Intelligent Battery Sensor makers. Due to travel limitations, the pandemic's economic slowdown, and a drop in demand, automakers have slashed production investment to reduce costs and expenses. Due to protracted supply chain halts in major vehicle production, Automotive Intelligent Battery Sensor vendors have seen demand drop. As lockdown measures are relaxed, demand for safer passenger cars should surge. Since Automotive Intelligent Battery Sensor is an essential part of cars, the industry is likely to recover. Despite the epidemic, demand for electric vehicles is fueling the expansion of Automotive Intelligent Battery Sensor.
KEY MARKET PLAYERS:
Continental AG (Germany), NXP Semiconductors (Netherlands), Robert Bosch GmbH (Germany), HELLA GmbH, and Co. KGaA (Germany), DENSO CORPORATION (Japan), Inomatic GmbH (Germany), AMS AG (Austria), Furukawa electric co., ltd. (Japan), Vishay Intertechnology Inc. (U.S.), and MTA S.p.A. (Italy) are some of the affluent competitors with significant market share in the Automotive Intelligence Battery Sensor Market.
Market, By Voltage:
The global market has been divided into 12 Volt, 14 Volt, 24 Volt, and 48 Volt based on the voltage segment. In terms of revenue, the 14 Volt segment was the most important part of the global automotive intelligence battery sensor market.
Market, By Technology:
The global market has been divided into LIN, CAN, and MCU Based on the technology segment. Most CAN applications use Lin. It gives LIN master nodes and slave devices a standard interface. CAN specify how electronic controllers in automobiles interact across an automotive bus. Embedded controllers with built-in intelligence on the chip are also known as microcontrollers (MCUs).
Market, By Vehicle Type:
The global market has been divided into passenger cars and commercial vehicles based on the vehicle type segment. The demand for these sensors is significantly higher in passenger vehicles compared to other vehicle types. Commercial vehicles increase the electric car range by providing information about remaining energy, which is helpful for charging or identifying nearby charging stations.
By Vehicle Type:
North America, Europe, Asia-Pacific, and the Rest of the World are the four primary regions that make up the worldwide automotive intelligence battery sensor market. Within each of these regions, there are submarkets that cater to specific needs. During the period covered by the forecast, it is anticipated that the Asia-Pacific region will have the most impact on the overall growth of the market, followed by Europe. During the period covered by this estimate, the growth of the automotive intelligent battery sensor market is anticipated to be influenced by the exponential expansion of the automotive sector in the countries of India, China, and Japan. The expansion of the market will be driven by an increase in the demand for fuel-efficient systems in China and India's passenger and commercial vehicle markets.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 3.34 Billion|
|Market Size by 2028||US$ 7.16 Billion|
|CAGR||CAGR of 11.5% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Voltage (12 Volt, 14 Volt, 24 Volt, 48 Volt)
• by Technology (LIN, CAN, MCU)
• by Vehicle Type (Passenger cars, Commercial vehicles)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Continental AG (Germany), NXP Semiconductors (Netherlands), Robert Bosch GmbH (Germany), HELLA GmbH, and Co. KGaA (Germany), DENSO CORPORATION (Japan), Inomatic GmbH (Germany), AMS AG (Austria), Furukawa electric co., ltd. (Japan), Vishay Intertechnology Inc. (U.S.), and MTA S.p.A. (Italy)|
|Key Drivers||•People all throughout the world are worried about rising fuel usage and CO2 emissions.
•The global automotive intelligence battery sensor market is being fueled by a booming automotive sector.
|RESTRAINTS||•The high cost of the automotive intelligence battery sensor will limit the expansion of the market.
•Concern for the environment is on the rise.
Frequently Asked Questions (FAQ) :
Ans:- The market forecast period is 2021-2028 according to the study report.
Ans;- Continental AG (Germany), NXP Semiconductors (Netherlands), Robert Bosch GmbH (Germany), HELLA GmbH, and Co. KGaA (Germany), DENSO CORPORATION (Japan), Inomatic GmbH (Germany), AMS AG (Austria), and MTA S.p.A. (Italy) are the most prominent players in the market.
Ans:- The high cost of the automotive intelligence battery sensor and increasing concern for the environment are the primary market restraints for Automotive Intelligence Battery Sensor Market.
Ans:- The study includes a comprehensive analysis of market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter’s five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of the Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Intelligence Battery Sensor Market Segmentation, By Voltage
8.1 12 Volt
8.2 14 Volt
8.3 24 Volt
8.4 48 Volt
9. Global Automotive Intelligence Battery Sensor Market Segmentation, By Technology
10. Global Automotive Intelligence Battery Sensor Market Segmentation, By Vehicle Type
10.1 Passenger cars
10.2 Commercial vehicles
11. Regional Analysis
11.2 North America
11.2.1 the USA
11.3.2 the UK
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Robert Bosch GmbH (Germany),
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Continental AG (Germany)
12.3 NXP Semiconductors (Netherlands)
12.4 HELLA GmbH and Co. KGaA (Germany)
12.5 DENSO CORPORATION (Japan)
12.6 Inomatic GmbH (Germany)
12.7 AMS AG (Austria)
12.8 Furukawa electric co., ltd. (Japan)
12.9 Vishay Intertechnology Inc. (U.S.)
12.10 MTA S.p.A. (Italy)
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.