Market Share of Automotive Pressure Sensors Industry
The Automotive pressure sensors market is consolidated, with few major players holding the majority of the share in the market. Although, it can be assumed that almost all pressure sensor manufacturers serve as automotive suppliers, the barrier to entry for prospective automotive suppliers is quite high.
Organizations, like Robert Bosch, have aggregated production volume of automotive, as well as consumer markets, to reduce cost and further increase its competitive advantage. Other players, like Infineon, Sensata, DENSO, and Melexis, are mainly focused on the automotive sector, with vertical integration being a common trend in the sector.
- In October 2020, Borg Warner completed the acquisition of one of the founding automotive MEMS sensor companies, Delphi Technologies. The company plans to get more balance results across light vehicles, commercial vehicles and the aftermarket.
- In April 2019, DENSO, the world's second-largest mobility supplier, announced an investment of USD 1.6 billion to strengthen development and production of Automotive Electrification Products and Systems. This has been done to support its aggressive development and production of electrified automotive products, systems, and technologies.
Automotive Pressure Sensors Market Leaders
Honeywell International Inc.
DENSO Corporation
Robert Bosch GmbH
ST Microelectronics NV
Infineon Technologies AG
*Disclaimer: Major Players sorted in no particular order
