Europe Battery Sensor Market Size & Outlook, 2023-2030

The battery sensor market in Europe is expected to reach a projected revenue of US$ 2,561.7 million by 2030. A compound annual growth rate of 11% is expected of Europe battery sensor market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,235.2
Forecast, 2030 (US$M)
$2,561.7
CAGR, 2024 - 2030
11%
Report Coverage
Europe

Europe battery sensor market, 2018-2030 (US$M)

Europe

Europe battery sensor market highlights

  • The Europe battery sensor market generated a revenue of USD 1,235.2 million in 2023.
  • The market is expected to grow at a CAGR of 11% from 2024 to 2030.
  • In terms of segment, 12v was the largest revenue generating voltage in 2023.
  • 12V is the most lucrative voltage segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 1,235.2 million
Market revenue in 2030USD 2,561.7 million
Growth rate11% (CAGR from 2023 to 2030)
Largest segment12v
Fastest growing segment12V
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentation12V


Other key industry trends

  • In terms of revenue, Europe region accounted for 35.7% of the global battery sensor market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,323.4 million by 2030.

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Battery Sensor Market Scope

Battery sensor market segmentation & scope
12V
24V
48V
Communication
Local Interconnect Network (LIN)
Controller Area Network (CAN)
Vehicle Category
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Vehicle Type
BEV
HEV
PHEV
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Norway
Denmark
Sweden
Brazil
Argentina
India
China
Japan
Australia
South Korea
Thailand
South Africa
Saudi Arabia
UAE
Kuwait

Battery Sensor Market Companies

Name Profile # Employees HQ Website

Europe battery sensor market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to battery sensor market will help companies and investors design strategic landscapes.


12v was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe battery sensor market based on 12v covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of battery sensor market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe battery sensor market , including forecasts for subscribers. This continent databook contains high-level insights into Europe battery sensor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe battery sensor market

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