Automotive Rain Sensor Market: Predicted Rapid Growth with Trends, and Opportunity Analy

MANHATTAN, N.Y. - April 3, 2023 - PRLog -- Increasing adoption of advanced electrical systems in order to increase the efficiency of automobiles is propelling the growth of global automotive rain sensor market until 2028.

Additionally, increasing technological advancement in automobile sector with manufacturers focusing on research and development activities is expected to drive the market growth by 2028. Automotive rain sensor automatically switches on wipers of an automobile by sensing water splash on windshield during rainfall. Thus, it ensures driver's safety and comfort as the driver does not require to adjust or switch on the wipers while driving a vehicle.

The global automotive sensor market is segmented based on operation method, vehicle type, sales channel and region. Based on operation type, the market is categorized into automatic operation and manual operation. The automatic operation is undergoing fastest growth and is expected to dominate the market by 2028 as it ensures more safety to the driver. The manufacturers are continuously replacing manual rain sensors with automatic one, which is also contributing to the increasing share of the market.

Based on vehicle type, the global automotive rain sensor market is categorized into passenger car, light commercial vehicles, and heavy commercial vehicles. The passenger car segment holds dominance, and the trend is likely to continue during the forecast period owing to the increasing demand and manufacturing of passenger vehicles around the globe. However, the light commercial vehicle is also undergoing significant growth owing to the increasing safety concern of the driver.

Some of the major key players operating in automotive rain sensor are Hella KGaA Hueck & Co., Denso Corporation, Pacific Industrial Co. Ltd, Robert Bosch GmbH, Valeo S.A., TRW Automotive, Mitsubishi Motors Corporation, Vishay Intertechnology, Hamamatsu Photonics K.K. and The Kostal Group, among others. Leading companies are undergoing growth strategies like merger and acquisition to increase their global reach.

Objective of the Study:

• To analyze and forecast the market size of automotive rain sensor in terms of value and volume.
• To classify and forecast global automotive rain sensor based on operation method, vehicle type, sales channel and regional distribution.
• To identify drivers and challenges for global automotive rain sensor market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automotive rain sensor market.
• To conduct the pricing analysis for automotive rain sensor market.
• To identify and analyze the profile of leading players involved in the manufacturing of global automotive rain sensor market.

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