The automotive sensors are the devices that transform (or transduce) physical quantities such as pressure or acceleration into electrical output signals that serve as inputs for control systems. Sensors are essential components of automotive electronic control systems. There are various sensors used to monitor and control several parameters such as speed, position, level, pressure, inertia, temperature, oxygen level, mono-nitrogen oxides (NOx) level, and position. The data is provided to the electronic control unit (ECU) for control actions. The critical data provided by the sensors helps to improve features such as performance, safety, comfort, and convenience of the automobile."

Visionary leaders are the leading market players in terms of product portfolio, geographic reach, innovative technologies, and adoption of growth strategies. The SWIR market is moderately dominated by the players covering a major share of the market. These players have a broad product portfolio that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and well-established brand equity.

Dynamic Differentiators are established vendors with very strong business strategies. The players generally focus on a specific type of technology related to the product.

Innovators demonstrate substantial product innovations as compared to their competitors. The automotive sensors market depends on innovators to some extent as they require moderate capital investment for manufacturing, and it is not very difficult for new players to enter this market.

There are many players in the market who are providing automotive sensors to diverse clientele groups globally. Emerging companies have niche service offerings and are starting to gain their position in the market. They can be new entrants in the market and require some more time before getting significant traction in the market.