North America Automotive Sensors Market, Size, Segment and Growth by Forecast Period: (2021-2031)

North America Automotive Sensors Market Overview

The North America automotive sensors market was valued at US$ 1.63 billion in 2018 and is projected to reach US$ 2.66 billion by 2027, growing at a compound annual growth rate (CAGR) of 5.7% during the forecast period from 2019 to 2027.

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The rapid shift toward electric vehicles (EVs) is significantly influencing the automotive industry, with major players such as Tesla, BMW, Nissan, Ford, and Volkswagen leading the charge. Electric vehicles rely on a wide range of sensors that enhance vehicle reliability, safety, and performance. As the electrification of automobiles accelerates, it is driving substantial advancements not only within the automotive sector but also across associated industries. Automakers and semiconductor manufacturers are heavily investing in research and development to create advanced electronics and semiconductor solutions aimed at delivering high-performance, safe, and reliable vehicles.

Modern automotive OEMs are increasingly integrating advanced sensors and embedded systems into vehicle components such as dashboards, seating, heating systems, mirrors, braking systems, induction motors, and battery systems. This growing adoption of sensor technologies is propelling innovation across the sensor industry. The exponential growth of the electric vehicle market, fueled by heightened environmental concerns and strict global regulations like the Worldwide Harmonized Light Vehicles Test Procedure (WLTP), further contributes to the rising demand for semiconductors and electronic components in vehicles.

Simultaneously, consumer demand for smart features and connected vehicles is reshaping the automotive landscape. Automakers are focusing on the development of connected cars that offer enhanced communication, safety, and convenience, a trend that has already gained traction in major automotive markets. The proliferation of connected vehicles depends on several factors, including technological advancements, consumer acceptance, cost considerations, and the ability of OEMs and suppliers to address safety concerns effectively. As a result, both automotive and sensor industry players are working to develop more robust technologies, manage raw material costs, and deliver high-quality solutions.

This surge in connected car adoption is expected to drive demand for advanced sensors, aimed at optimizing vehicle performance and safety. Consequently, the North America automotive sensors market is set to benefit from new opportunities and profitable growth in the years ahead.

Regional Insights

The United States is expected to lead the North America automotive sensors market throughout the forecast period. It is home to several global automotive leaders such as General Motors, Fiat-Chrysler Automotive, and Ford Motor Company, as well as top semiconductor manufacturers including Intel, Texas Instruments, and ON Semiconductor. Many of these companies operate engine and transmission plants, as well as design, R&D, and testing facilities, within the country. According to the Auto Alliance, nearly 20% of global automotive R&D investment takes place in the U.S.

The growing demand for infotainment systems and the increasing need for enhanced safety, communication, and comfort in vehicles are key drivers of semiconductor usage in the automotive sector. The chart below illustrates Canada’s revenue contribution to the North America automotive sensors market during the forecast period.

Companies Mentioned

• Analog Devices Inc.

• Continental AG

• DELPHI TECHNOLOGIES PLC

• Denso Corporation

• Infineon Technologies

• Melexis

• NXP Semiconductors NV

• ON Semiconductors

• Robert Bosch GmbH

• Texas Instruments Incorporated

Strategic Insights: North America Automotive Sensors Market

Strategic insights into the North America automotive sensors market deliver a data-driven evaluation of the evolving industry landscape, highlighting emerging trends, competitive dynamics, and regional differentiators. These insights equip stakeholders—whether investors, OEMs, or suppliers—with actionable recommendations to uncover untapped market segments and craft distinctive value propositions. By leveraging advanced data analytics, businesses can anticipate shifts in consumer demand, technological advancements, and regulatory changes. A forward-looking approach is essential to remain competitive and capitalize on growth opportunities. Ultimately, these strategic insights enable informed, results-oriented decision-making, driving profitability and supporting sustainable success in this rapidly transforming sector.

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Author's Bio
Akshay
Senior Market Research Expert at Business Market Insights