PUBLISHER: IMARC | PRODUCT CODE: 1636001
PUBLISHER: IMARC | PRODUCT CODE: 1636001
The global automotive ultrasonic technologies market size reached USD 1.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.4 Billion by 2033, exhibiting a growth rate (CAGR) of 6.8% during 2025-2033. The augmenting demand for safety features in vehicles, increasing awareness among consumers about the importance of road safety, and inflating disposable income levels represent some of the key factors driving the market.
Automotive ultrasonic technologies are techniques that use ultrasonic waves to detect or measure objects in the vicinity of a vehicle, usually having a frequency above 20 kHz. Automotive ultrasonic sensors use sound waves to measure the distance between the sensor and the object, and can be mounted on various parts of a vehicle, such as the front or rear bumper, to aid in parking and maneuvering. Automotive ultrasonic technologies are commonly used in parking assist systems to detect the proximity of objects to provide visual or auditory directions, in collision avoidance systems to adjust the speed to avoid a collision, and in blind spot monitoring systems to detect vehicles or objects in the driver's blind spot. Automotive ultrasonic technologies are able to detect soft or irregularly shaped objects as compared to other sensors, such as cameras or radar. They provide several advantages such as accurate and reliable measurements even in adverse weather conditions. In addition to this, they are relatively inexpensive and require minimal maintenance.
The global market is primarily driven by the augmenting demand for safety features in vehicles, such as advanced driver assistance systems (ADAS). This can be attributed to the increasing awareness among consumers about the importance of road safety, especially in developing countries with a higher prevalence of road accidents. In line with this, numerous technological advancements in the automotive ultrasonic technology, including the introduction of high-frequency ultrasonic sensors, artificial intelligence (AI) and the internet of things (IoT), is propelling the market. Additionally, the emerging trend of vehicle electrification, along with the rising popularity of electric vehicles (EVs) due to an increasing focus on reducing vehicular emissions across the globe is resulting in a higher product uptake. Besides this, the escalating demand for efficient parking assistance and obstacle detection systems for providing accurate range measurement in automobiles is creating lucrative growth opportunities in the market. Some of the other factors contributing to the market include the inflating disposable income levels, rising adoption of luxury autonomous vehicles, favorable government regulations mandating the installation of safety features in vehicles, and extensive research and development (R&D) activities.
Type Insights
Proximity Detection
Range Measurement
Vehicle Type Insights
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Application Insights
Park Assist
Blind Spot Detection
Others
Regional Insights
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for automotive ultrasonic technologies. Some of the factors driving the Asia Pacific automotive ultrasonic technologies market included the escalating demand for efficient parking assistance, the augmenting demand for safety features in vehicles, extensive research and development activities, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global automotive ultrasonic technologies market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Aisin Corporation, Continental AG, Elmos Semiconductor SE, Hella KGaA Hueck & Co. (Faurecia SE), Hyundai Motor Company, Magna International Inc., Murata Manufacturing Co. Ltd., Panasonic Holdings Corporation, Robert Bosch GmbH, TDK Corporation, Texas Instruments Inc., Valeo., etc.
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.