Automotive Exhaust Sensor Market
Automotive Exhaust Sensor Market Global Industry Assessment & Forecast
#
Pages:
151
2021
Nov - 2021
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
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
24.21 Billion |
 Revenue 2028:
|
27.79 Billion |
 Revenue CAGR
(2021 - 2028): |
1.74% |
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
The report delivers an acute breakdown of the
market based on various segments such as Sensor Type, Vehicle Type,
and Region. All the segments are studied considering historical and future
trends across geographies. All the segments are analyzed based on trends,
market size, and forecast, and the data is provided for the years 2016–2028.
Several growth factors and opportunities impacting various segments have been
incorporated in the report. On the basis of Sensor Type,
the market is divided into Exhaust temperature and pressure sensor, Oxygen sensor, NOx sensor, Particulate matter sensor, Engine coolant temperature sensor, MAP/MAF sensor. Particulate matter sensor held the largest
share in 2020 and is projected to grow at a noteworthy CAGR within the forecast
period.
Based on Vehicle Type,
the market is divided into Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles. Passenger Car attributed to
the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Automotive Exhaust Sensor Market: Sensor Type Segment Analysis
-
- Exhaust temperature and pressure sensor
- Oxygen sensor
- NOx sensor
- Particulate matter sensor
- Engine coolant temperature sensor
- MAP/MAF sensor
Global Automotive Exhaust Sensor Market: Vehicle Type Segment Analysis
-
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
FAQ
Frequently Asked Question
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.
