Dublin, Jan. 31, 2025 (GLOBE NEWSWIRE) — The “Automotive Battery Sensor – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Automotive Battery Sensor was estimated at US$5.2 Billion in 2023 and is projected to reach US$10.7 Billion by 2030, growing at a CAGR of 10.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Automotive battery sensors have rapidly emerged as essential components in today’s vehicles, particularly as the automotive landscape shifts toward energy-efficient models and intelligent, interconnected systems. But what specific role do these sensors play, and why are they crucial? An automotive battery sensor, typically installed directly onto the battery terminal, tracks and monitors critical parameters such as voltage, current, and temperature. These real-time metrics are integral to the battery’s health, helping to manage the vehicle’s electrical system and anticipate potential power issues before they escalate into costly repairs or performance downgrades.
What Drives the Growth in the Automotive Battery Sensor Market?
The growth in the automotive battery sensor market is driven by several factors, primarily influenced by the shift toward electrification, advanced vehicle intelligence, and tightening environmental regulations. With global emphasis on reducing emissions and enhancing fuel efficiency, EV adoption has become a major catalyst for the demand for battery sensors. These sensors are indispensable for electric and hybrid vehicles, as they enable sophisticated energy management needed to optimize driving range and reliability. In tandem, consumer interest in connected and smart vehicles has expanded the market, with buyers increasingly valuing real-time battery monitoring as a standard feature in modern cars.
This consumer expectation has spurred automakers to heavily invest in battery sensor technology that integrates seamlessly into advanced BMS platforms, providing intelligent diagnostics and alert systems. Technological progress has also significantly contributed to this growth, with AI-enhanced diagnostics, improved wireless connectivity, and high-precision measurements allowing sensors to be more accurate and efficient than ever before. Regulatory requirements, particularly in Europe and North America, have also played a pivotal role, as these regions enforce stricter emissions and fuel standards.
Additionally, the aftermarket segment has witnessed a rise in demand, especially among drivers looking to retrofit legacy vehicles with battery monitoring systems to extend battery life and enhance performance. Together, these trends underscore the essential role of battery sensors in the automotive industry and point to an upward trajectory in the market as electrification and technological sophistication continue to shape the future of mobility.
How Are Technological Advancements Shaping Automotive Battery Sensors?
Technological advances in sensor design, materials, and connectivity have redefined the capabilities of automotive battery sensors, making them significantly more precise, efficient, and multifunctional than their predecessors. Originally, battery sensors could only offer basic voltage readings, but as automotive electronics have evolved, sensors have had to keep pace, offering comprehensive data on a range of battery conditions. Today, modern sensors incorporate MEMS (Micro-Electro-Mechanical Systems) technology, making them smaller, more durable, and power-efficient.
Enhanced algorithms and AI technology have also entered the field, allowing these sensors to predict battery degradation patterns, enabling proactive adjustments that extend battery life and enhance energy efficiency. Additionally, many battery sensors are now wirelessly connected, facilitating seamless integration with a vehicle’s centralized control system for real-time data transmission.
These advancements mean that the BMS has richer, more reliable data, ultimately resulting in better energy management for the entire vehicle. As global safety and environmental standards become more stringent, manufacturers are also developing sensors that meet rigorous standards for accuracy and reliability. This innovation trajectory points toward an era of highly resilient sensors that not only optimize battery life and performance but also meet regulatory demands, offering long-term benefits for both manufacturers and consumers.
What Are the End-Use Applications of Automotive Battery Sensors?
Automotive battery sensors have become indispensable across a diverse range of applications, from private passenger vehicles to commercial trucks and electric vehicle (EV) fleets. One of their most crucial roles is in EVs, where battery monitoring is essential for determining the state of charge (SoC) and state of health (SoH) of lithium-ion batteries. This continuous assessment is key to ensuring a stable driving range, optimal performance, and safety. In commercial fleet management, companies use battery sensors to streamline operational efficiency through predictive maintenance, minimizing vehicle downtime by identifying battery issues before they become problematic.
The adoption of battery sensors extends to high-end luxury vehicles, where they support sophisticated features such as advanced driver assistance systems (ADAS), climate control, and infotainment systems. High-performance vehicles also leverage these sensors to maintain optimal power flow, which directly impacts acceleration, handling, and overall driving experience. Furthermore, commercial applications in the logistics sector rely on battery sensors to improve fuel efficiency and reduce emissions. Across each of these applications, battery sensors prove their versatility and value, supporting a wide spectrum of vehicles with distinct energy needs and management requirements.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Automotive Battery Sensor Market such as AMS AG, Abertax Technologies, Analog Devices, Automotive Energy Supply Corporation, Autotec and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the 12V Battery Sensor segment, which is expected to reach US$4.9 Billion by 2030 with a CAGR of a 11.9%. The 24V Battery Sensor segment is also set to grow at 10.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.3 Billion in 2023, and China, forecasted to grow at an impressive 14.4% CAGR to reach $2.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Attributes:
Report Attribute | Details |
No. of Pages | 93 |
Forecast Period | 2023 – 2030 |
Estimated Market Value (USD) in 2023 | $5.2 Billion |
Forecasted Market Value (USD) by 2030 | $10.7 Billion |
Compound Annual Growth Rate | 10.9% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Automotive Battery Sensor – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Demand for Battery Health Monitoring Drives Growth in Automotive Battery Sensor Market
- Increasing Adoption of Electric Vehicles Fuels Demand for Advanced Battery Sensors
- Here`s How Advances in Sensor Technology Improve Accuracy in Battery Performance Monitoring
- Growing Focus on Extending Battery Life Supports Development of Smart Battery Sensors
- Rising Need for Efficient Energy Management Boosts Demand for Battery Sensors in Hybrid Vehicles
- Increasing Use of Battery Sensors for State of Charge (SoC) and State of Health (SoH) Monitoring Expands Market Scope
- Here`s How Battery Sensors in EVs Enhance Thermal Management and Safety
- Focus on Preventing Battery Failures Drives Demand for High-Precision Battery Sensors
- Advancements in IoT and Connectivity Enable Real-Time Battery Data Analysis and Diagnostics
- Growing Importance of Predictive Maintenance Fuels Use of Battery Sensors in Automotive Fleets
- Increasing Integration of Battery Sensors in 48V Mild Hybrid Systems Supports Market Growth
- Growing Popularity of Telematics Supports Remote Monitoring Capabilities in Battery Sensor Systems
- Rising Investments in Battery Management Systems (BMS) Drive Innovation in Automotive Battery Sensors
FOCUS ON SELECT PLAYERS: Some of the 42 companies featured in this Global Automotive Battery Sensor Market report include:
- AMS AG
- Abertax Technologies
- Analog Devices
- Automotive Energy Supply Corporation
- Autotec
- Avl
- Continental
- Csm Gmbh – Computer-Systeme-Messtechnik
- Delphi
- Denso
For more information about this report visit https://www.researchandmarkets.com/r/mynpjv
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- Automotive Battery Sensor Market