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Automotive Exhaust Sensor Market

Automotive Exhaust Sensor Market

Automotive Exhaust Sensor Market Global Industry Assessment & Forecast

# Pages:

151

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0593

Segments Covered
  • By Sensor Type Exhaust temperature and pressure sensor, Oxygen sensor, NOx sensor, Particulate matter sensor, Engine coolant temperature sensor, MAP/MAF sensor
  • By Vehicle Type Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 24.21 Billion
Revenue 2028Revenue 2028: 27.79 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 1.74%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
FAQ
Frequently Asked Question
  • The global Automotive Exhaust Sensor valued at 24.21 Billion in 2020 and is expected to reach 27.79 Billion in 2028 growing at a CAGR of 1.74%%.

  • The prominent players in the market are Continental AG, Robert Bosch GmbH, Stoneridge Inc., Delphi Automotive PLC, Infineon Technologies AG, NGK Spark Plug Co. Ltd, Hella KGAA Hueck & Co., Hitachi Ltd., Sensata Technologies Holding NV, Denso Corporation..

  • The market is project to grow at a CAGR of 1.74%% between 2021 and 2028.

  • The driving factors of the Automotive Exhaust Sensor include

    • The increased adoption of a miniaturized form of conventional integrated circuits manufactured by using micro fabrication technology is expected to witness a huge demand in the years to come. The use of micro fabrication technology allows automotive exhaust sensors to work more accurately and is also reliable at the same time. It also helps in enhancing their response time, efficiency, communication capabilities, and robustness. In addition, most of the major manufacturers of automotive exhaust sensor manufacturers are making huge investments in research & development activities in order to come up with better micro fabrication technologies, which in turn are expected to fuel the market growth.
    • The rising automotive sale and production across the globe is anticipated to augment the growth of the automotive exhaust sensors market during the forecast period. This is owing to the increase in manufacturing facilities in most of the emerging countries such as China, India, and Brazil among others. The prominent players of the automotive sector as well are focussing to invest and expand the business through different segments to gain better profitability. Furthermore, the increasing adoption of personal vehicles has also increased the global sales and production of automobiles which in turn is expected to support the growth of the automotive exhaust sensors market.

  • Asia Pacific was the leading regional segment of the Automotive Exhaust Sensor in 2020.