Automotive Exhaust Sensor Market

Automotive Exhaust Sensor Market 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) , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa): Global Market Assessment, 2021 – 2028

Frequently Asked Questions

  • What is the global demand for Automotive Exhaust Sensor in terms of revenue?

    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%%

  • Which are the prominent players in the market?

    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..

  • At what CAGR is the market projected to grow within the forecast period?

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

  • What are the driving factors fueling the growth of the market.

    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.

  • Which region accounted for the largest share in the market?

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

Request Sample Buy Now