Global Seat Track Position Sensor Market is valued approximately USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xxx% over the forecast period 2023-2030. A seat track position sensor is a device that is used to detect the position of a car seat on its track. It is typically found on power seats in modern vehicles and is used to provide information to the car's computer about the position of the seat. This information is then used to adjust various systems in the car, such as the airbag system, to ensure that they provide optimal protection in the event of a crash. The Seat Track Position Sensor market is expanding because of factors such as increasing sales of automobiles and growing demand of automobile safety systems. The seat track position sensor can detect the forward and backward movement of the seat as well as its height adjustment. It works by using a sensor that is mounted on the seat track and detects changes in position as the seat is moved. Its prevalence has progressively increased during the last few decades.
According to the Statista, more than 80 million vehicles were produced globally in the motor vehicle industry. The passenger car segment, which produced 57 million vehicles, accounted for almost 71 percent of the total motor vehicle output. Furthermore, the projected number of vehicles sold in China would increase by 10.3% by 2024. Another important component driving space increase is demand of automobile safety systems. As per Statista, the global automotive safety system market is projected to grow between 2021 and 2027. While the market was sized at USD 93.28 billion in 2021 and expected to reach about USD 127.2 billion by 2027. In addition, the global automotive IoT market is projected to reach USD 8.31 billion in 2023 and expected to show an annual growth rate of 20.66% in between 2023 to 2028, resulting in expected market value of about USD 21.26 billion by 2028. Also, rising technological advancements in sensors and surge in government initiatives regarding vehicle safety would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Seat Track Position Sensor stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Seat Track Position Sensor Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players in the region. According to the Statista, in 2021, Bosch, Infineon, and ON Semi were the top three car sensor producers worldwide. That year, Bosch's market share was at 21.4%. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising active participation of government and nonprofit organizations regarding vehicle safety regulations in the market space.
Major market player included in this report are:
- Allegro MicroSystems,
- Dalroad Norslo,
- Hartmann,
- Skyweal,
- Stoneridge,
- TE Connectivity,
- Swoboda,
- Air Comm Corporation,
- Eaton,
- Johnson controls
Recent Developments in the Market:
- In February 2023, A 3-in-1 battery pack vent valve for electric vehicle batteries has launched by Eaton. The valve is strategically positioned to perform three distinct tasks, including a battery case leak-check mechanism and passive and active venting to relieve overpressure in a battery pack for a car.
Global Seat Track Position Sensor Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Product, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
- The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Product
- Magneto-Resistive Sensors
- Inductive Sensors
- Others
By Application
- Passenger Vehicle
- Commercial Vehicle
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Seat Track Position Sensor Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Seat Track Position Sensor Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Seat Track Position Sensor Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Seat Track Position Sensor Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Seat Track Position Sensor Market Dynamics
- 3.1. Seat Track Position Sensor Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing sale of automobiles
- 3.1.1.2. Growing demand of automobile safety systems
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Seat Track Position Sensor
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising technological advancements in sensors
- 3.1.3.2. Surge in government initiatives regarding vehicle safety
Chapter 4. Global Seat Track Position Sensor Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Seat Track Position Sensor Market, by Product
- 5.1. Market Snapshot
- 5.2. Global Seat Track Position Sensor Market by Product, Performance - Potential Analysis
- 5.3. Global Seat Track Position Sensor Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
- 5.4. Seat Track Position Sensor Market, Sub Segment Analysis
- 5.4.1. Magneto-Resistive Sensors
- 5.4.2. Inductive Sensors
- 5.4.3. Others
Chapter 6. Global Seat Track Position Sensor Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Seat Track Position Sensor Market by Application, Performance - Potential Analysis
- 6.3. Global Seat Track Position Sensor Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Seat Track Position Sensor Market, Sub Segment Analysis
- 6.4.1. Passenger Vehicle
- 6.4.2. Commercial Vehicle
Chapter 7. Global Seat Track Position Sensor Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Seat Track Position Sensor Market, Regional Market Snapshot
- 7.4. North America Seat Track Position Sensor Market
- 7.4.1. U.S. Seat Track Position Sensor Market
- 7.4.1.1. Product breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Seat Track Position Sensor Market
- 7.5. Europe Seat Track Position Sensor Market Snapshot
- 7.5.1. U.K. Seat Track Position Sensor Market
- 7.5.2. Germany Seat Track Position Sensor Market
- 7.5.3. France Seat Track Position Sensor Market
- 7.5.4. Spain Seat Track Position Sensor Market
- 7.5.5. Italy Seat Track Position Sensor Market
- 7.5.6. Rest of Europe Seat Track Position Sensor Market
- 7.6. Asia-Pacific Seat Track Position Sensor Market Snapshot
- 7.6.1. China Seat Track Position Sensor Market
- 7.6.2. India Seat Track Position Sensor Market
- 7.6.3. Japan Seat Track Position Sensor Market
- 7.6.4. Australia Seat Track Position Sensor Market
- 7.6.5. South Korea Seat Track Position Sensor Market
- 7.6.6. Rest of Asia Pacific Seat Track Position Sensor Market
- 7.7. Latin America Seat Track Position Sensor Market Snapshot
- 7.7.1. Brazil Seat Track Position Sensor Market
- 7.7.2. Mexico Seat Track Position Sensor Market
- 7.8. Middle East & Africa Seat Track Position Sensor Market
- 7.8.1. Saudi Arabia Seat Track Position Sensor Market
- 7.8.2. South Africa Seat Track Position Sensor Market
- 7.8.3. Rest of Middle East & Africa Seat Track Position Sensor Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Allegro Microsystems
- 8.3.2.
- 8.3.2.1. Key Information
- 8.3.2.2. Overview
- 8.3.2.3. Financial (Subject to Data Availability)
- 8.3.2.4. Product Summary
- 8.3.2.5. Recent Developments
- 8.3.3. Dalroad Norslo,
- 8.3.4. Hartmann,
- 8.3.5. Skyweal,
- 8.3.6. Stoneridge,
- 8.3.7. TE Connectivity,
- 8.3.8. Swoboda,
- 8.3.9. Air Comm Corporation,
- 8.3.10. Eaton,
- 8.3.11. Johnson controls
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption