Gen Consulting Company predicts the global automotive rain sensors market will grow from USD 959 million in 2021 to USD 1,542 million by 2028, achieving a compound annual growth rate (CAGR) of 7 percent.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global automotive rain sensors market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the automotive rain sensors industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the vehicle type, and region. The global market for automotive rain sensors can be segmented by vehicle type: passenger car, commercial vehicle. According to the research, the passenger car segment had the largest share in the global automotive rain sensors market. Automotive rain sensors market is further segmented by region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2021, North America made up the largest share of revenue generated by the automotive rain sensors market.

Market Segmentation
By vehicle type: passenger car, commercial vehicle
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report explores the recent developments and profiles of key vendors in the Global Automotive Rain Sensors Market, including Analog Devices Inc., Denso Corporation, Hamamatsu Photonics K.K., Hella KGaA Hueck & Co., ON Semiconductor Corporation, Osram Opto Semiconductors GmbH, STMicroelectronics N.V., Valeo S.A., ZF Friedrichshafen AG, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global automotive rain sensors market.
– To classify and forecast the global automotive rain sensors market based on vehicle type, region.
– To identify drivers and challenges for the global automotive rain sensors market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global automotive rain sensors market.
– To identify and analyze the profile of leading players operating in the global automotive rain sensors market.

Why Choose This Report
– Gain a reliable outlook of the global automotive rain sensors market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.