Skip to content
Meet Coda 👋
Get to know your first doc.
Start playing.
Put it all together.
Active Ingredients Market was valued at more than USD 3.57 billion in 2020 and is expected to grow at a CAGR of around 5% from 2022-2028
Automotive Carbon Canister Market is expected to display a steady growth by 2028|CAGR: ~5%| UnivDatos Market Insights
The EV Infrastructure market is expected to display a steady growth of 63% due to the rising environmental concern | UnivDatos Market Insights
The Connected Cars Market is expected to display a steady growth of 18% due to the increase in the number of cars produced | UnivDatos Market Insights
Hunting equipment Market is expected to display a steady growth of 7% due to the rise in outdoor recreational activities| UnivDatos Market Insights
Heavy Duty Engines Market is expected to display a steady growth of 5% due to the rise in construction and demand for logistics| UnivDatos Market Insights
The electronic sensor Market is expected to display a steady growth of 7% due to the rise in the adoption of smartphones and tablets | UnivDatos Market Insights
Automotive Ultrasonic Technologies Market is expected to display a steady growth by 2028|CAGR: 7%| UnivDatos Market Insights
Automotive Refinish Coatings Market is expected to display a steady growth of 5% due to the growing production and demand for automobiles | UnivDatos Market Insights
Automotive Paints Market is expected to display a steady growth of 5% due to the rise in the demand for the vehicle with anti-corrosive paint | UnivDatos Market Insights
Automotive Aluminum Market is expected to display a steady growth of 9% due to the demand for the safety of the vehicle | UnivDatos Market Insights
Untitled
More
Share
Explore

icon picker
Automotive Ultrasonic Technologies Market is expected to display a steady growth by 2028|CAGR: 7%| UnivDatos Market Insights

According to a new report published by UnivDatos Markets Insights, the Automotive Ultrasonic Technologies Market is expected to grow at a CAGR of around 7% from 2022-2028.
According to a new report published by UnivDatos Markets Insights, the
Automotive Ultrasonic Technologies Market
⁠
is expected to grow at a CAGR of around 7% from 2022-2028. The analysis has been segmented into Type (Detection and Range Measurement); Application (Park Assist, Self-Parking, Blind Spot Detection, And Others); Vehicle Type (Passenger Cars, Heavy Commercial Vehicles, Light Commercial Vehicles, and Electric Vehicles); Region/Country.
Click here to view the Report Description & TOC -
https://univdatos.com/report/automotive-ultrasonic-technologies-market/
⁠
⁠
The automotive ultrasonic technologies market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Automotive Ultrasonic Technologies market. The automotive ultrasonic technologies market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the automotive ultrasonic technologies market at the global and regional levels.
Market Overview
Ultrasonic technologies in the automotive are used to detect the obstacle that lies in the path of the vehicle. Moreover, automotive ultrasonic technology is widely in vehicles having advanced driver assistance features such as parking assistance systems, blind spot detection systems, and height and pressure monitoring systems followed by the ADAS features, which improve driving assistance quality, reduce crashes, provide better sensing of temperature, infrastructure and etc. Hence, these are the factors driving the growth of the market. For instance, according to the World Health Organization, approximately 1.3 million people die each year because of road traffic crashes.
Request for Sample Pages -
https://univdatos.com/get-a-free-sample-form-php/?product_id=30259
⁠
⁠
Some of the major players operating in the market include Magna International Inc, Murata Manufacturing Co. Ltd., Robert Bosch GmbH, TDK Corporation, Valeo, Texas Instruments Incorporated, Panasonic Holdings Corporation, Hella KGaA Hueck & Co, Denso Corporation, Autoliv Inc.
COVID-19 Impact
Due to travel limitations and the projected dismal financial performance of market players in 2020, the spread of the COVID-19 pandemic has hurt the Automotive Ultrasonic Technologies industry. Supply chain execution, regulatory and policy changes, labor reliance, working capital management, and liquidity and solvency management are all major concerns for Automotive Ultrasonic Technologies manufacturers. Since the COVID-19 epidemic has considerably diminished by the beginning of 2021, a lot of businesses are resuming operations. In terms of demand and supply, China, as an automobile manufacturing powerhouse, is controlling the global automotive industry. China's supply shortages have triggered a chain reaction throughout the world.
The global automotive ultrasonic technologies market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
· Based on type, the market is segmented into proximity detection and range measurement. The proximity detection category witnessed a higher CAGR during the forecast period. The technology can detect the presence or proximity of an object. A proximity sensor is a non-contact sensor that detects the presence of an object when the target enters the sensor's field. Moreover, the factors like reduction rate of accidents, detection of both metallic and non-metallic objects, low cost, and working in harsh environments are driving the growth of the market.
· Based on application, the market is categorized into park assist, self-parking, blind spot detection, and others. Among these, park assist to hold a significant share in the market in 2020. As the user finds it difficult to park their vehicle at the location due to the congested spaces. In addition, vehicle manufacturers are installing self-parking systems in vehicles that include advanced ultrasonic technologies installed in them.
· Based on vehicle type, the Automotive Ultrasonic Technologies market has been classified into passenger cars, heavy commercial vehicles, light commercial vehicles, and electric vehicles. The passenger vehicles category is to witness higher adoption during the forecast period. This is mainly due to the rising concern about the safety of passengers and the inclination of the population toward the advanced features of the vehicle is driving the growth of the market.
Have a Look at the Chapters -
https://univdatos.com/report/automotive-ultrasonic-technologies-market/
⁠
⁠
Automotive Ultrasonic Technologies Market Geographical Segmentation Includes:
· North America (United States, Canada, and Rest of North America)
· Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)
· Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)
· Rest of the World
For a better understanding of the market adoption of the Automotive Ultrasonic Technologies industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. Europe is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing advancement in technology, growing disposable income, and surging per capita spending of individuals in the emerging economies of the region is driving the growth of the market. Moreover, the growing deployment of autonomous features in the vehicles, along with the supportive regulatory policies implemented by the government of different countries, is the major contributor to the growth of the regional market. In addition, the market’s key players are working on the advancement of technology to boost the growth of the market. For instance, in September 2019, TDK Corp. launched a new series of ultrasonic sensor disks, based on ceramics, which would aid in park assistance, blind spot monitoring, level measurement for fuel or selective catalytic reduction (SCR) tanks, and interior monitoring for anti-theft systems
The major players targeting the market include
· Magna International Inc
· Murata Manufacturing Co. Ltd.
· Robert Bosch GmbH
· TDK Corporation
· Valeo
· Texas Instruments Incorporated
· Panasonic Holdings Corporation
· Hella KGaA Hueck & Co.
· Denso Corporation
· Autoliv Inc
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Automotive Ultrasonic Technologies market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Request For Customization -
https://univdatos.com/get-a-free-sample-form-php/?product_id=30259
⁠
⁠
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the automotive ultrasonic technologies market?
• Which factors are influencing the automotive ultrasonic technologies market over the forecast period?
• What are the global challenges, threats, and risks in the automotive ultrasonic technologies market?
• Which factors are propelling and restraining the automotive ultrasonic technologies market?
• What are the demanding global regions of the automotive ultrasonic technologies market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.



Want to print your doc?
This is not the way.
Try clicking the ⋯ next to your doc name or using a keyboard shortcut (
CtrlP
) instead.