The Mexico automotive sensors market size reached USD 438.00 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,093.46 Million by 2033, exhibiting a growth rate (CAGR) of 10.70% during 2025-2033. The market share is expanding, driven by the growing adoption of electric vehicles (EVs), along with the broadening of aftermarket services, which aids in enhancing the availability of replacement and upgraded sensor components.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 438.00 Million |
Market Forecast in 2033 | USD 1,093.46 Million |
Market Growth Rate 2025-2033 | 10.70% |
Increasing adoption of EVs
The growing adoption of EVs is offering a favorable Mexico automotive sensors market outlook. As reported by Electro Movilidad Asociación (EMA), in 2024, sales of EVs and plug-in hybrid electric vehicles (PHEVs) in Mexico increased by 84%. As EVs are becoming more popular due to rising environmental awareness and supportive government initiatives, automakers are integrating sensors to enhance performance, efficiency, and safety. EVs rely heavily on sensors for battery management systems, thermal regulation, and electric drivetrain monitoring. These sensors aid in tracking voltage, temperature, current, and charge levels to optimize battery performance and ensure safe operation. Additionally, the integration of sensors in EVs enables smart features like regenerative braking, energy-efficient driving, and real-time diagnostics. As people seek vehicles with improved functionality and connectivity, sensors are employed since they assist in enabling smart infotainment features and advanced driver-assistance systems (ADAS). The ongoing shift towards autonomous and semi-autonomous EVs is further driving the demand for automotive sensors, including radar, lidar, and ultrasonic sensors. With increasing air pollution concerns, more cities in Mexico are encouraging the adoption of EVs, creating a favorable market for sensor manufacturers. Local production and assembly of EVs is also stimulating sensor incorporation at various stages of vehicle development. As the EV ecosystem is expanding and covering personal cars, commercial fleets, and charging infrastructure, the demand for automotive sensors is rising in the country.
Expansion of aftermarket services
The expansion of aftermarket services is fueling the Mexico automotive sensors market growth. As vehicles are becoming more advanced and technology-dependent, the need for timely sensor maintenance and replacement is rising, especially for components related to safety, engine performance, and emissions. The high urbanization rate in Mexico is resulting in greater vehicle density in cities, leading to increased wear and tear and a stronger need for sensor diagnostics and repairs. According to the information provided by the World Data Atlas, the urban population of Mexico grew by 0.34%, rising from 81.6% in 2023 to 81.9% in 2024. Aftermarket services offer cost-effective alternatives to original equipment, making them attractive to a large segment of vehicle owners. These services also support the integration of modern sensor technologies in older vehicle models. Additionally, the growing network of independent garages and service centers across the country aids in the easy availability and installation of automotive sensors. Many users are opting for enhanced sensor features like parking assistance, tire pressure monitoring, and real-time performance alerts, which are readily accessible in the aftermarket.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type, vehicle type, sales channel, and application.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes level/position sensors, temperature sensors, pressure sensors, speed sensors, gas sensors, magnetic sensors, and others.
Vehicle Type Insights:
A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes passenger cars and commercial vehicles.
Sales Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the sales channel. This includes original equipment manufacturer (OEM) and aftermarket.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes powertrain, chassis, vehicle body electronics, safety and security, telematics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Mexico, Central Mexico, Southern Mexico, and others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key 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.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Level/Position Sensors, Temperature Sensors, Pressure Sensors, Speed Sensors, Gas Sensors, Magnetic Sensors, Others |
Vehicle Types Covered | Passenger Cars, Commercial Vehicles |
Sales Channels Covered | Original Equipment Manufacturer (OEM), Aftermarket |
Applications Covered | Powertrain, Chassis, Vehicle Body Electronics, Safety and Security, Telematics, Others |
Regions Covered | Northern Mexico, Central Mexico, Southern Mexico, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: