The Asia Pacific Automotive Sensor Fusion Market would witness market growth of 23.3% CAGR during the forecast period (2022-2028).
One of the most important technologies for improving the precision and speed of the detection process in all weather conditions is sensor fusion. The perception algorithm's accuracy can be improved when one of the sensors is less effective than when we combine several sensors. In many nations, the semi-autonomous car is well developed.
One of the technologies that makes self-driving cars possible is sensor fusion. Active vehicle safety systems, both present and future, heavily rely on the fusion of sensor data. Without the application of more advanced signal processing techniques, such as data fusion approaches, the development of more advanced sensors is not complete.
Standalone sensors are unable to overcome several physical restrictions, such as those related to range and field of vision. Therefore, combining data from many sensors expands the region around the vehicle that is monitored by the sensors and improves the system's overall reliability in the event of sensor failure.
The PLI Scheme for the Auto Sector aims to remove the cost barriers that the industry faces when producing items utilizing Advanced Automotive Technology in India. The incentive system will encourage businesses to make new investments in the domestic supply chain for items utilizing advanced automotive technology. The PLI Scheme for the Automobile and Auto Components Industry is anticipated to generate new investments and increase employment possibilities over the course of five years. Existing automotive companies, as well as new non-automotive investor companies, are welcome to participate in the PLI Scheme for the auto sector. The Champion OEM Incentive Scheme and Component Champion Incentive Scheme are the two halves of the scheme. All these initiatives of governments of regional nations are predicted to support the growth of the regional automotive sensor fusion market.
The China market dominated the Asia Pacific Automotive Sensor Fusion Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $787.1 Million by 2028. The Japan market is estimated to grow a CAGR of 22.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 24% during (2022 - 2028).
Based on Propulsion Type, the market is segmented into ICE, BEV, and HEV. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles. Based on Technology, the market is segmented into IMU, Image Sensors, Radar Sensors, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Automotive Sensor Fusion Market is Projected to reach USD 7.3 Billion by 2028, at a CAGR of 22.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, TE Connectivity Ltd., Infineon Technologies AG, ZF Friedrichshafen AG, TDK Corporation, STMicroelectronics N.V., Aptiv PLC, and Texas Instruments, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Propulsion Type
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Technology
- IMU
- Image Sensors
- Radar Sensors
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- NVIDIA Corporation
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- TE Connectivity Ltd.
- Infineon Technologies AG
- ZF Friedrichshafen AG
- TDK Corporation
- STMicroelectronics N.V.
- Aptiv PLC
- Texas Instruments, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Automotive Sensor Fusion Market, by Propulsion Type
1.4.2 Asia Pacific Automotive Sensor Fusion Market, by Vehicle Type
1.4.3 Asia Pacific Automotive Sensor Fusion Market, by Technology
1.4.4 Asia Pacific Automotive Sensor Fusion Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Oct – 2022, Nov) Leading Players
Chapter 4. Asia Pacific Automotive Sensor Fusion Market by Propulsion Type
4.1 Asia Pacific ICE Market by Country
4.2 Asia Pacific BEV Market by Country
4.3 Asia Pacific HEV Market by Country
Chapter 5. Asia Pacific Automotive Sensor Fusion Market by Vehicle Type
5.1 Asia Pacific Passenger Cars Market by Country
5.2 Asia Pacific Light Commercial Vehicles Market by Country
5.3 Asia Pacific Heavy Commercial Vehicles Market by Country
Chapter 6. Asia Pacific Automotive Sensor Fusion Market by Technology
6.1 Asia Pacific IMU Market by Country
6.2 Asia Pacific Image Sensors Market by Country
6.3 Asia Pacific Radar Sensors Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Automotive Sensor Fusion Market by Country
7.1 China Automotive Sensor Fusion Market
7.1.1 China Automotive Sensor Fusion Market by Propulsion Type
7.1.2 China Automotive Sensor Fusion Market by Vehicle Type
7.1.3 China Automotive Sensor Fusion Market by Technology
7.2 Japan Automotive Sensor Fusion Market
7.2.1 Japan Automotive Sensor Fusion Market by Propulsion Type
7.2.2 Japan Automotive Sensor Fusion Market by Vehicle Type
7.2.3 Japan Automotive Sensor Fusion Market by Technology
7.3 India Automotive Sensor Fusion Market
7.3.1 India Automotive Sensor Fusion Market by Propulsion Type
7.3.2 India Automotive Sensor Fusion Market by Vehicle Type
7.3.3 India Automotive Sensor Fusion Market by Technology
7.4 South Korea Automotive Sensor Fusion Market
7.4.1 South Korea Automotive Sensor Fusion Market by Propulsion Type
7.4.2 South Korea Automotive Sensor Fusion Market by Vehicle Type
7.4.3 South Korea Automotive Sensor Fusion Market by Technology
7.5 Singapore Automotive Sensor Fusion Market
7.5.1 Singapore Automotive Sensor Fusion Market by Propulsion Type
7.5.2 Singapore Automotive Sensor Fusion Market by Vehicle Type
7.5.3 Singapore Automotive Sensor Fusion Market by Technology
7.6 Malaysia Automotive Sensor Fusion Market
7.6.1 Malaysia Automotive Sensor Fusion Market by Propulsion Type
7.6.2 Malaysia Automotive Sensor Fusion Market by Vehicle Type
7.6.3 Malaysia Automotive Sensor Fusion Market by Technology
7.7 Rest of Asia Pacific Automotive Sensor Fusion Market
7.7.1 Rest of Asia Pacific Automotive Sensor Fusion Market by Propulsion Type
7.7.2 Rest of Asia Pacific Automotive Sensor Fusion Market by Vehicle Type
7.7.3 Rest of Asia Pacific Automotive Sensor Fusion Market by Technology
Chapter 8. Company Profiles
8.1 NVIDIA Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 NXP Semiconductors N.V.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Robert Bosch GmbH
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 TE Connectivity Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Infineon Technologies AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.6 ZF Friedrichshafen AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.7 TDK Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional & Segmental Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.8 STMicroelectronics N.V.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.9 Aptiv PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.5.2 Acquisition and Mergers:
8.10. Texas Instruments, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
TABLE 1 Asia Pacific Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Sensor Fusion Market
TABLE 4 Product Launches And Product Expansions– Automotive Sensor Fusion Market
TABLE 5 Acquisition and Mergers– Automotive Sensor Fusion Market
TABLE 6 Asia Pacific Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 8 Asia Pacific ICE Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific ICE Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific BEV Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific BEV Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific HEV Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific HEV Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 24 Asia Pacific IMU Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific IMU Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Image Sensors Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Image Sensors Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Radar Sensors Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Radar Sensors Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Automotive Sensor Fusion Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Automotive Sensor Fusion Market by Country, 2022 - 2028, USD Million
TABLE 34 China Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 35 China Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 36 China Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 37 China Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 38 China Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 39 China Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 40 China Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 41 China Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 42 Japan Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 43 Japan Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 44 Japan Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 45 Japan Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 46 Japan Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 47 Japan Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 48 Japan Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 49 Japan Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 50 India Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 51 India Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 52 India Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 53 India Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 54 India Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 55 India Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 56 India Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 57 India Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 58 South Korea Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 59 South Korea Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 60 South Korea Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 61 South Korea Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 62 South Korea Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 63 South Korea Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 64 South Korea Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 65 South Korea Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 66 Singapore Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 67 Singapore Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 68 Singapore Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 69 Singapore Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 70 Singapore Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 71 Singapore Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 72 Singapore Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 73 Singapore Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 74 Malaysia Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 75 Malaysia Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 76 Malaysia Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 77 Malaysia Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 78 Malaysia Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 79 Malaysia Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 80 Malaysia Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 81 Malaysia Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 82 Rest of Asia Pacific Automotive Sensor Fusion Market, 2018 - 2021, USD Million
TABLE 83 Rest of Asia Pacific Automotive Sensor Fusion Market, 2022 - 2028, USD Million
TABLE 84 Rest of Asia Pacific Automotive Sensor Fusion Market by Propulsion Type, 2018 - 2021, USD Million
TABLE 85 Rest of Asia Pacific Automotive Sensor Fusion Market by Propulsion Type, 2022 - 2028, USD Million
TABLE 86 Rest of Asia Pacific Automotive Sensor Fusion Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 87 Rest of Asia Pacific Automotive Sensor Fusion Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 88 Rest of Asia Pacific Automotive Sensor Fusion Market by Technology, 2018 - 2021, USD Million
TABLE 89 Rest of Asia Pacific Automotive Sensor Fusion Market by Technology, 2022 - 2028, USD Million
TABLE 90 Key Information – NVIDIA Corporation
TABLE 91 Key Information – NXP Semiconductors N.V.
TABLE 92 key information – Robert Bosch GmbH
TABLE 93 Key information –TE Connectivity Ltd.
TABLE 94 Key Information – Infineon Technologies AG
TABLE 95 Key Information – ZF Friedrichshafen AG
TABLE 96 Key information – TDK Corporation
TABLE 97 Key Information – STMicroelectronics N.V.
TABLE 98 Key Information – Aptiv PLC
TABLE 99 Key Information – Texas Instruments, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Oct – 2022, NOv) Leading Players
FIG 5 SWOT Analysis: NVIDIA Corporation
FIG 6 Recent strategies and developments: NXP Semiconductors N.V.
FIG 7 Swot analysis: NXP semiconductors N.V.
FIG 8 Swot analysis: Robert Bosch GmbH
FIG 9 SWOT Analysis: TE Connectivity Ltd.
FIG 10 Recent strategies and developments: Infineon Technologies AG
FIG 11 Recent strategies and developments: ZF Friedrichshafen AG