Automotive Sensor Cleaning System Market Expected to Reach US$ 7.51 Billion by 2034: Fact.MR Report
Focus on Prevention of Accidents Caused by Faulty Sensors by Automakers Increasing Deployment of Automotive Sensor Cleaning Systems
ROCKVILLE, MARYLAND, UNITED STATES, May 16, 2024 /EINPresswire.com/ -- The global automotive sensor cleaning system market is set to be valued at US$ 4.93 billion in 2024, mainly backed by government initiatives to reduce traffic accidents that have led to the implementation of strict laws requiring the use of sensors in many countries. Sales of automotive sensor cleaning systems are projected to reach US$ 7.51 billion by the end of 2034.Car manufacturers are focusing on minimizing accidents brought on by faulty sensor perceptions in the face of an increasingly competitive automotive industry. Vehicle sensors become inoperative when their view is obscured by dirt, rain snow, or bird droppings. In these kinds of situations, liquid- or gas-based sensor cleaning systems are used to help clean the sensors' surface and get them back to functioning order.
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The market is also expanding steadily as a result of the growing production of vehicles, where sensor performance is crucial. Manufacturers are evaluating the advantages offered by gas- and liquid-based sensors to increase their overall market share.
Key Takeaways from the Market Study:
Sales of automotive sensor cleaning systems across the world are expected to reach US$ 4.93 billion in 2024. The market is forecasted to touch US$ 7.51 billion by the end of 2034.
Sales of automotive sensor cleaning systems in the United States are poised to reach US$ 671.8 million in 2024. China accounts for 70% share of the East Asia market in 2024.
Demand for automotive sensor cleaning systems in Japan is forecasted to reach US$ 303.1 million in 2024. The East Asia market is projected to expand at a CAGR of 5.5% over the next 10 years.
“Stringent road safety regulations and advancements in sensor technology are driving the growth of the automotive sensor cleaning system market. Rising production of autonomous vehicles are also fueling the extensive adoption of sensor cleaning systems,” says a Fact.MR analyst.
Market Benefitting from Effectiveness of Liquid-based Systems in Removing Dirt Particles from Sensor Surfaces
Liquid-based sensor cleaning systems occupy a leading market share due to their ability to ensure uniform cleaning coverage, as liquid spreads evenly across the sensor surface. Different types of cars, including SUVs, luxury cars, mid-sized cars, and compact cars, use liquid-based sensor cleaning systems. Using liquid-based cleaning systems is a more effective way to remove dust and other particles from sensors as compared to dry cleaning methods.
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Competitive Analysis:
Key players in the automotive sensor cleaning system market are Ficosa Internacional, Valeo, Waymo, Ford Motor, Rochling Automotive, dlhBOWLES Inc., Continental, Kendrion, SEEVA Technologies, Rochling Automotive, and Actasys Inc.
This market is expanding in alignment with the automotive exhaust sensor industry and automotive actuator market.
According to Mobility Outlook, Vitesco Technologies and Cebi Group in August 2023 announced their collaboration on the advanced sensor cleaning system (ASCS) development. The ASCS is an integrated all-in-one solution that can maintain the cleanliness of over 10 environmental sensors at water pressures of up to 7 bar.
Hyundai Motor Group recently unveiled Rotator-Cam, a camera sensor cleaning technology that combines a rotating camera cover glass with a small wiper. This business anticipates a sharp increase in demand for camera sensor cleaning systems in tandem with the development of autonomous driving.
Explore More Related Studies Published by Fact.MR Research:
Automotive Exhaust Sensor Market: The market for Automotive Exhaust Sensor is likely to be valued at US$ 35 Billion By 2032.
Automotive Actuators Market: The global automotive actuators market is estimated at USD 20.1 Billion in 2022 and is forecast to reach USD 38.3 Billion by 2032, growing with a CAGR of 6.6% during 2022-2032.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the automotive sensor cleaning system market for 2018 to 2023 and forecast statistics for 2024 to 2034.
The study divulges the automotive sensor cleaning system market study based on system type (liquid-based, gas-based), vehicle category (passenger, commercial), and sales channel (OEMs, aftermarkets), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).
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