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Automotive Rain Sensor Market: Predicted Rapid Growth with Trends, and Opportunity Analy
Global automotive rain sensor market is anticipated to witness significant growth during the forecast period owing to the increasing demand for comfort features and driver' safety in automobiles.
By: TechSci Research
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:
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