Home > Automotive > Automotive Technology > Automotive Sensors > Vehicle Security Sensor Market

Vehicle Security Sensor Market Trends

  • Report ID: GMI10475
  • Published Date: Jul 2024
  • Report Format: PDF

Vehicle Security Sensor Market Trends

With the increasing connectivity of vehicles, cybersecurity has become a significant concern. Security sensors are being developed to protect vehicles from cyber threats, including intrusion detection systems and secure communication protocols. Vehicle security sensors are adopting secure communication protocols to safeguard information shared between external gadgets, cloud-based services, and automobile components. By ensuring data confidentiality, integrity, and authenticity, these rules reduce the possibility of cyberattacks and data breaches.
 

Furthermore, as the automotive industry moves toward autonomous driving, the demand for high-performance security sensors is increasing. These sensors are essential for providing accurate environmental perception and ensuring safe operation of autonomous and semi-autonomous vehicles. These vehicles require robust security sensors to continuously monitor their surroundings for potential hazards and risks. Advanced security sensors assist in real-time obstacle, pedestrian, cyclist, and other vehicle identification, enabling autonomous vehicles to make decisions and take appropriate action to prevent collisions.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of vehicle security sensor reached USD 647.9 million in 2023 and is set to register over 5.5% CAGR between 2024 and 2032, due to the technological advancements in sensors and the growing demand for connected cars.

The motion segment in the vehicle security sensor industry was valued at USD 180 million in 2023, driven by integration of motion sensors with IoT platforms for facilitating seamless communication.

Asia Pacific market held 40% revenue share in 2023, due to increasing car sales, and rapid urbanization and infrastructural developments.

Allegro MicroSystems, Inc., Amphenol Corporation, Analog Devices, Inc., Avital Inc., Clifford Inc., Firstech, LLC (Compustar), Fortin Electronic Systems, Infineon Technologies AG, NXP Semiconductors N.V., and TDK Corporation.

Vehicle Security Sensor Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 320
  • Countries covered: 21
  • Pages: 162
 Download Free Sample