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Automotive Auxiliary Motors and Sensors Market

Automotive Auxiliary Motors and Sensors Market

Automotive Auxiliary Motors and Sensors Market Global Industry Assessment & Forecast

# Pages:

170

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0568

Segments Covered
  • By Product Types Auxiliary Motors, Sensors
  • By Application Passenger Car, Commercial Vehicle
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 14.28 Billion
Revenue 2028Revenue 2028: 21.93 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 5.50%
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
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

Product Types  Analysis: Preview

On the basis of Product Types, the market is segmented into Auxiliary Motors, Sensors. Sensors held the highest share in the global Automotive Auxiliary Motors and Sensors market and is projected to witness the same trend during the forecast period.

Application Analysis: Preview

Based on Application, the market is segmented into Passenger Car, Commercial Vehicle. Passenger Cars accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Analysis: Preview

Based on , the market is segmented into . dominates the global Automotive Auxiliary Motors and Sensors market and is expected to continue the same trend from 2021 to 2028. 

Global Automotive Auxiliary Motors and Sensors Market: Product Types Segment Analysis

    • Auxiliary Motors
    • Sensors

Global Automotive Auxiliary Motors and Sensors Market: Application Segment Analysis

    • Passenger Car
    • Commercial Vehicle
FAQ
Frequently Asked Question
  • The global Automotive Auxiliary Motors and Sensors valued at 14.28 Billion in 2020 and is expected to reach 21.93 Billion in 2028 growing at a CAGR of 5.50%%.

  • The prominent players in the market are Delphi Automotive PLC, General Electric Company, Borgwarner, Robert Bosch GmbH, Honeywell International Inc., Continental AG, Robert Bosch GmbH, Texas Instruments, TRW Automotive Holdings Corp., Denso Corporation, Freescale Semiconductor Inc., Infineon Technologies AG, Analog Devices..

  • The market is project to grow at a CAGR of 5.50%% between 2021 and 2028.

  • The driving factors of the Automotive Auxiliary Motors and Sensors include

    • The increasing demand for pressure sensors is expected to augment the growth of the market in the years to come. The modern automotive restraint systems use side airbag pressure sensors to ensure and satisfy passenger car safety requirements. The pressure sensor provides digital crash signals to the central airbag unit and is mounted within the car side doors. Furthermore, air pressure sensor is used to optimize engine efficiency by effectively controlling spark advance in case of gasoline and diesel engines. Hence, the increasing usage of pressure sensors in the automotive industry is anticipated to fuel the growth of the market.
    • The rising vehicle sale across the globe is anticipated to augment the growth of the automotive auxiliary motors and sensors market during the forecast period. This is owing to the rapid urbanization, rising disposable income of the consumers, and increasing developments in technologies. Furthermore, the increasing adoption of personal vehicles has also increased the global sales of automobiles and its production by the manufacturers which in turn is expected to support the growth of the automotive auxiliary motors and sensors market in the forecast period.

  • North America was the leading regional segment of the Automotive Auxiliary Motors and Sensors in 2020.