+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Vehicles Intelligence Battery Sensor Market Size, Share & Trends Analysis Report by Vehicle Type, Technology (Hall-Effect Sensor, MEMS Sensor, and Optical Sensor), Application, Regional Outlook and Forecast, 2024-2031

  • PDF Icon

    Report

  • 249 Pages
  • August 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5996316
The Global Vehicles Intelligence Battery Sensor Market size is expected to reach $8.7 billion by 2031, rising at a market growth of 11.8% CAGR during the forecast period.

North America’s market position is the result of a combination of factors, such as the region's high consumer demand for vehicles equipped with the most advanced safety and convenience features, stringent regulatory standards to enhance fuel efficiency and reduce vehicle emissions, and the region's advanced automotive industry. Consequently, the North American region would acquire nearly 27% of the total market share by 2031.



The automotive industry is currently experiencing a substantial transformation as a result of the growing popularity of electric and hybrid vehicles. Furthermore, the performance of electric and hybrid vehicles heavily depends on the state of their batteries. Hence, the increasing vehicle electrification is driving the demand for these sensors.

Additionally, Governments around the world are increasingly focused on environmental sustainability, and as a result, they are implementing stricter emission norms. Similarly, in the United States, the Corporate Average Fuel Economy (CAFE) standards have been progressively tightened to encourage the production of vehicles with higher fuel efficiency and lower emissions. Thus, implementing stringent emission regulations worldwide is a powerful catalyst for adopting technologies like IBS.

However, the initial phase requires substantial funding for research and development to innovate and refine the sensor technology. These high prices might be particularly problematic for smaller vehicle manufacturers because of their high total cost. Hence, the high costs associated with developing, manufacturing, and integrating vehicles intelligent battery sensors.



The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Acquisitions, and Partnerships & Collaborations.

Driving and Restraining Factors

Drivers

  • Increasing vehicle electrification
  • Implementation of stricter emission norms
  • Advancements in automotive electronics

Restraints

  • Development and integration of IBS
  • Lack of standardization in IBS technology

Opportunities

  • Integration with Advanced Driver-Assistance Systems (ADAS)
  • Rising awareness of battery management

Challenges

  • Substantial cybersecurity concerns
  • Pressure from alternative battery management technologies and systems

Vehicle Type Outlook

Based on vehicle type, the market is bifurcated into passenger cars and commercial vehicles. The commercial vehicles segment procured 38% revenue share in the market in 2023. The adoption of IBS technology in commercial vehicles is fueled by the increasing use of telematics and fleet management systems, which benefit from the predictive maintenance capabilities IBS provides, helping prevent unexpected breakdowns and optimize fleet performance.

Technology Outlook

On the basis of technology, the market is classified into Hall-Effect sensor, MEMS sensor, and optical sensor. The MEMS sensor segment recorded 32% revenue share in the market in 2023. MEMS sensors are highly regarded for their compact size, low power consumption, and capacity to incorporate multiple sensing functions into a single device.



Application Outlook

By application, the market is divided into battery management system, start-stop system, regenerative braking system, and others. The start-stop system segment garnered 31% revenue share in the market in 2023. In contemporary vehicles, start-stop systems are becoming more prevalent.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured 34% revenue share in the market in 2023. The Asia Pacific region is home to some of the world's largest and most rapidly expanding automotive sectors, including China, Japan, South Korea, and India.

List of Key Companies Profiled

  • Robert Bosch GmbH
  • Continental AG
  • Texas Instruments, Inc.
  • Denso Corporation
  • HELLA GmbH & Co. KGaA (Forvia SE)
  • Infineon Technologies AG
  • TE Connectivity Ltd.
  • STMicroelectronics N.V.
  • NXP Semiconductors N.V.
  • Microchip Technology Incorporated

Market Report Segmentation

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

By Technology

  • Hall-Effect Sensor
  • MEMS Sensor
  • Optical Sensor

By Application

  • Battery Management System
  • Start-Stop System
  • Regenerative Braking System
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Vehicles Intelligence Battery Sensor Market, by Vehicle Type
1.4.2 Global Vehicles Intelligence Battery Sensor Market, by Technology
1.4.3 Global Vehicles Intelligence Battery Sensor Market, by Application
1.4.4 Global Vehicles Intelligence Battery Sensor Market, by Geography
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. Global Vehicles Intelligence Battery Sensor Market by Vehicle Type
5.1 Global Passenger Cars Market by Region
5.2 Global Commercial Vehicles Market by Region
Chapter 6. Global Vehicles Intelligence Battery Sensor Market by Technology
6.1 Global Hall-Effect Sensor Market by Region
6.2 Global MEMS Sensor Market by Region
6.3 Global Optical Sensor Market by Region
Chapter 7. Global Vehicles Intelligence Battery Sensor Market by Application
7.1 Global Battery Management System Market by Region
7.2 Global Start-Stop System Market by Region
7.3 Global Regenerative Braking System market by Region
7.4 Global Others Market by Region
Chapter 8. Global Vehicles Intelligence Battery Sensor Market by Region
8.1 North America Vehicles Intelligence Battery Sensor Market
8.1.1 North America Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.1.1.1 North America Passenger Cars Market by Region
8.1.1.2 North America Commercial Vehicles Market by Region
8.1.2 North America Vehicles Intelligence Battery Sensor Market by Technology
8.1.2.1 North America Hall-Effect Sensor Market by Country
8.1.2.2 North America MEMS Sensor Market by Country
8.1.2.3 North America Optical Sensor Market by Country
8.1.3 North America Vehicles Intelligence Battery Sensor Market by Application
8.1.3.1 North America Battery Management System Market by Country
8.1.3.2 North America Start-Stop System Market by Country
8.1.3.3 North America Regenerative Braking System market by Country
8.1.3.4 North America Others Market by Country
8.1.4 North America Vehicles Intelligence Battery Sensor Market by Country
8.1.4.1 US Vehicles Intelligence Battery Sensor Market
8.1.4.1.1 US Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.1.4.1.2 US Vehicles Intelligence Battery Sensor Market by Technology
8.1.4.1.3 US Vehicles Intelligence Battery Sensor Market by Application
8.1.4.2 Canada Vehicles Intelligence Battery Sensor Market
8.1.4.2.1 Canada Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.1.4.2.2 Canada Vehicles Intelligence Battery Sensor Market by Technology
8.1.4.2.3 Canada Vehicles Intelligence Battery Sensor Market by Application
8.1.4.3 Mexico Vehicles Intelligence Battery Sensor Market
8.1.4.3.1 Mexico Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.1.4.3.2 Mexico Vehicles Intelligence Battery Sensor Market by Technology
8.1.4.3.3 Mexico Vehicles Intelligence Battery Sensor Market by Application
8.1.4.4 Rest of North America Vehicles Intelligence Battery Sensor Market
8.1.4.4.1 Rest of North America Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.1.4.4.2 Rest of North America Vehicles Intelligence Battery Sensor Market by Technology
8.1.4.4.3 Rest of North America Vehicles Intelligence Battery Sensor Market by Application
8.2 Europe Vehicles Intelligence Battery Sensor Market
8.2.1 Europe Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.2.1.1 Europe Passenger Cars Market by Country
8.2.1.2 Europe Commercial Vehicles Market by Country
8.2.2 Europe Vehicles Intelligence Battery Sensor Market by Technology
8.2.2.1 Europe Hall-Effect Sensor Market by Country
8.2.2.2 Europe MEMS Sensor Market by Country
8.2.2.3 Europe Optical Sensor Market by Country
8.2.3 Europe Vehicles Intelligence Battery Sensor Market by Application
8.2.3.1 Europe Battery Management System Market by Country
8.2.3.2 Europe Start-Stop System Market by Country
8.2.3.3 Europe Regenerative Braking System market by Country
8.2.3.4 Europe Others Market by Country
8.2.4 Europe Vehicles Intelligence Battery Sensor Market by Country
8.2.4.1 Germany Vehicles Intelligence Battery Sensor Market
8.2.4.1.1 Germany Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.2.4.1.2 Germany Vehicles Intelligence Battery Sensor Market by Technology
8.2.4.1.3 Germany Vehicles Intelligence Battery Sensor Market by Application
8.2.4.2 UK Vehicles Intelligence Battery Sensor Market
8.2.4.2.1 UK Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.2.4.2.2 UK Vehicles Intelligence Battery Sensor Market by Technology
8.2.4.2.3 UK Vehicles Intelligence Battery Sensor Market by Application
8.2.4.3 France Vehicles Intelligence Battery Sensor Market
8.2.4.3.1 France Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.2.4.3.2 France Vehicles Intelligence Battery Sensor Market by Technology
8.2.4.3.3 France Vehicles Intelligence Battery Sensor Market by Application
8.2.4.4 Russia Vehicles Intelligence Battery Sensor Market
8.2.4.4.1 Russia Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.2.4.4.2 Russia Vehicles Intelligence Battery Sensor Market by Technology
8.2.4.4.3 Russia Vehicles Intelligence Battery Sensor Market by Application
8.2.4.5 Spain Vehicles Intelligence Battery Sensor Market
8.2.4.5.1 Spain Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.2.4.5.2 Spain Vehicles Intelligence Battery Sensor Market by Technology
8.2.4.5.3 Spain Vehicles Intelligence Battery Sensor Market by Application
8.2.4.6 Italy Vehicles Intelligence Battery Sensor Market
8.2.4.6.1 Italy Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.2.4.6.2 Italy Vehicles Intelligence Battery Sensor Market by Technology
8.2.4.6.3 Italy Vehicles Intelligence Battery Sensor Market by Application
8.2.4.7 Rest of Europe Vehicles Intelligence Battery Sensor Market
8.2.4.7.1 Rest of Europe Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.2.4.7.2 Rest of Europe Vehicles Intelligence Battery Sensor Market by Technology
8.2.4.7.3 Rest of Europe Vehicles Intelligence Battery Sensor Market by Application
8.3 Asia Pacific Vehicles Intelligence Battery Sensor Market
8.3.1 Asia Pacific Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.3.1.1 Asia Pacific Passenger Cars Market by Country
8.3.1.2 Asia Pacific Commercial Vehicles Market by Country
8.3.2 Asia Pacific Vehicles Intelligence Battery Sensor Market by Technology
8.3.2.1 Asia Pacific Hall-Effect Sensor Market by Country
8.3.2.2 Asia Pacific MEMS Sensor Market by Country
8.3.2.3 Asia Pacific Optical Sensor Market by Country
8.3.3 Asia Pacific Vehicles Intelligence Battery Sensor Market by Application
8.3.3.1 Asia Pacific Battery Management System Market by Country
8.3.3.2 Asia Pacific Start-Stop System Market by Country
8.3.3.3 Asia Pacific Regenerative Braking System market by Country
8.3.3.4 Asia Pacific Others Market by Country
8.3.4 Asia Pacific Vehicles Intelligence Battery Sensor Market by Country
8.3.4.1 China Vehicles Intelligence Battery Sensor Market
8.3.4.1.1 China Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.3.4.1.2 China Vehicles Intelligence Battery Sensor Market by Technology
8.3.4.1.3 China Vehicles Intelligence Battery Sensor Market by Application
8.3.4.2 Japan Vehicles Intelligence Battery Sensor Market
8.3.4.2.1 Japan Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.3.4.2.2 Japan Vehicles Intelligence Battery Sensor Market by Technology
8.3.4.2.3 Japan Vehicles Intelligence Battery Sensor Market by Application
8.3.4.3 India Vehicles Intelligence Battery Sensor Market
8.3.4.3.1 India Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.3.4.3.2 India Vehicles Intelligence Battery Sensor Market by Technology
8.3.4.3.3 India Vehicles Intelligence Battery Sensor Market by Application
8.3.4.4 South Korea Vehicles Intelligence Battery Sensor Market
8.3.4.4.1 South Korea Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.3.4.4.2 South Korea Vehicles Intelligence Battery Sensor Market by Technology
8.3.4.4.3 South Korea Vehicles Intelligence Battery Sensor Market by Application
8.3.4.5 Singapore Vehicles Intelligence Battery Sensor Market
8.3.4.5.1 Singapore Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.3.4.5.2 Singapore Vehicles Intelligence Battery Sensor Market by Technology
8.3.4.5.3 Singapore Vehicles Intelligence Battery Sensor Market by Application
8.3.4.6 Malaysia Vehicles Intelligence Battery Sensor Market
8.3.4.6.1 Malaysia Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.3.4.6.2 Malaysia Vehicles Intelligence Battery Sensor Market by Technology
8.3.4.6.3 Malaysia Vehicles Intelligence Battery Sensor Market by Application
8.3.4.7 Rest of Asia Pacific Vehicles Intelligence Battery Sensor Market
8.3.4.7.1 Rest of Asia Pacific Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.3.4.7.2 Rest of Asia Pacific Vehicles Intelligence Battery Sensor Market by Technology
8.3.4.7.3 Rest of Asia Pacific Vehicles Intelligence Battery Sensor Market by Application
8.4 LAMEA Vehicles Intelligence Battery Sensor Market
8.4.1 LAMEA Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.4.1.1 LAMEA Passenger Cars Market by Country
8.4.1.2 LAMEA Commercial Vehicles Market by Country
8.4.2 LAMEA Vehicles Intelligence Battery Sensor Market by Technology
8.4.2.1 LAMEA Hall-Effect Sensor Market by Country
8.4.2.2 LAMEA MEMS Sensor Market by Country
8.4.2.3 LAMEA Optical Sensor Market by Country
8.4.3 LAMEA Vehicles Intelligence Battery Sensor Market by Application
8.4.3.1 LAMEA Battery Management System Market by Country
8.4.3.2 LAMEA Start-Stop System Market by Country
8.4.3.3 LAMEA Regenerative Braking System market by Country
8.4.3.4 LAMEA Others Market by Country
8.4.4 LAMEA Vehicles Intelligence Battery Sensor Market by Country
8.4.4.1 Brazil Vehicles Intelligence Battery Sensor Market
8.4.4.1.1 Brazil Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.4.4.1.2 Brazil Vehicles Intelligence Battery Sensor Market by Technology
8.4.4.1.3 Brazil Vehicles Intelligence Battery Sensor Market by Application
8.4.4.2 Argentina Vehicles Intelligence Battery Sensor Market
8.4.4.2.1 Argentina Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.4.4.2.2 Argentina Vehicles Intelligence Battery Sensor Market by Technology
8.4.4.2.3 Argentina Vehicles Intelligence Battery Sensor Market by Application
8.4.4.3 UAE Vehicles Intelligence Battery Sensor Market
8.4.4.3.1 UAE Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.4.4.3.2 UAE Vehicles Intelligence Battery Sensor Market by Technology
8.4.4.3.3 UAE Vehicles Intelligence Battery Sensor Market by Application
8.4.4.4 Saudi Arabia Vehicles Intelligence Battery Sensor Market
8.4.4.4.1 Saudi Arabia Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.4.4.4.2 Saudi Arabia Vehicles Intelligence Battery Sensor Market by Technology
8.4.4.4.3 Saudi Arabia Vehicles Intelligence Battery Sensor Market by Application
8.4.4.5 South Africa Vehicles Intelligence Battery Sensor Market
8.4.4.5.1 South Africa Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.4.4.5.2 South Africa Vehicles Intelligence Battery Sensor Market by Technology
8.4.4.5.3 South Africa Vehicles Intelligence Battery Sensor Market by Application
8.4.4.6 Nigeria Vehicles Intelligence Battery Sensor Market
8.4.4.6.1 Nigeria Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.4.4.6.2 Nigeria Vehicles Intelligence Battery Sensor Market by Technology
8.4.4.6.3 Nigeria Vehicles Intelligence Battery Sensor Market by Application
8.4.4.7 Rest of LAMEA Vehicles Intelligence Battery Sensor Market
8.4.4.7.1 Rest of LAMEA Vehicles Intelligence Battery Sensor Market by Vehicle Type
8.4.4.7.2 Rest of LAMEA Vehicles Intelligence Battery Sensor Market by Technology
8.4.4.7.3 Rest of LAMEA Vehicles Intelligence Battery Sensor Market by Application
Chapter 9. Company Profiles
9.1 Robert Bosch GmbH
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 Continental AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent Strategies and Developments
9.2.5.1 Product Launches and Product Expansions
9.2.6 SWOT Analysis
9.3 STMicroelectronics N.V.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 Texas Instruments, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Denso Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 SWOT Analysis
9.6 HELLA GmbH & Co. KGaA (FORVIA S.E.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Infineon Technologies AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent Strategies and Developments
9.7.5.1 Product Launches and Product Expansions
9.7.6 SWOT Analysis
9.8 Microchip Technology Incorporated
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent Strategies and Developments
9.8.5.1 Product Launches and Product Expansions
9.8.6 SWOT Analysis
9.9 NXP Semiconductors N.V.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. TE Connectivity Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent Strategies and Developments
9.10.5.1 Acquisition and Mergers
9.10.6 SWOT Analysis
Chapter 10. Winning Imperatives for Vehicles Intelligence Battery Sensor Market

Companies Mentioned

  • Robert Bosch GmbH
  • Continental AG
  • Texas Instruments, Inc.
  • Denso Corporation
  • HELLA GmbH & Co. KGaA (Forvia SE)
  • Infineon Technologies AG
  • TE Connectivity Ltd.
  • STMicroelectronics N.V.
  • NXP Semiconductors N.V.
  • Microchip Technology Incorporated

Methodology

Loading
LOADING...

Table Information