Global Powertrain Sensor Market, By Sensor Type for ICE Vehicle (Pressure Sensor, Temperature Sensor, Speed Sensor, Position Sensor, Other), Fuel Type (Diesel, Gasoline), Powertrain Subsystem (Engine, Transmission, Exhaust), Propulsion Type (ICE Propulsion, EV Propulsion), Vehicle Type (Light-Duty Vehicle, Heavy-Duty Vehicle), Electric Vehicle Type (BEV, PHEV, FCEV), Sensor Type for Electric Vehicle (Speed Sensor, Temperature Sensor, Pressure Sensor, Position Sensor, Current Sensor, Voltage Sensor, Other), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa), Industry Trends and Forecast to 2029
Market Analysis and Insights of Powertrain Sensor Market
Powertrain sensor market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 2.80% in the above-mentioned forecast period.
A powertrain is an assembly of every component that pushes your vehicle forward. The powertrain sensors are sensors that basically just provide all the necessary information and relevant measurement values (such as air mass, pressure and speed required by the electronic control units) for the engine management and transmission control to ensure that the drive functions in the vehicle are always set perfectly.
The factors such as the rising popularity of e- mobility along with increasing requirement of sensors in electric powertrain has resulted in growth in the market value in the forecast period of 2022 to 2029. Additionally, the growing awareness about fuel economy and carbon emission among people and government, increasing infrastructural developments and rising motor vehicle production is estimated to accelerate market’s growth. The growing demand for electric and hybrid vehicles worldwide across various industries also cushions the market’s growth within the forecasted period. However, the factors such as availability of control units with inbuilt sensing capabilities coupled with the increasing integration issues in OEMS, system manufacturers and automobile manufacturers will further restrict the scope of growth for the market. The big limitations in their adoption and integration with other components due to the lack of standards among different sensor manufacturers
Furthermore, the rising technological innovations and advancements and highly precise product will further offer a variety of growth opportunities for the market in the forecast period of 2022 to 2029. On the other hand, the lack of uniform fabrication process for MEMS is projected to pose as a major challenge to the market growth rate.
This powertrain sensor market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on powertrain sensor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Powertrain Sensor Market Scope and Market Size
The powertrain sensor market is segmented on the basis of sensor type for ICE vehicle, fuel type, powertrain subsystem, propulsion type, vehicle type, electric vehicle type and sensor type for electric vehicle. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of sensor type for ICE vehicle, the powertrain sensor market is segmented into pressure sensor, temperature sensor, speed sensor, position sensor and other.
- On the basis of fuel type, the powertrain sensor market is segmented into diesel and gasoline.
- On the basis of powertrain subsystem, the powertrain sensor market is segmented into engine, transmission and exhaust. Engine segment is further divided into engine coolant, engine oil temperature, engine oil pressure, fuel rail pressure, throttle position, crankshaft position, camshaft position and fuel level. Transmission segment is divided into transmission oil temperature, brake vacuum pressure, transmission input and output speed and vehicle speed. Exhaust segment is divided into Manifold Air Temperature, EGR position, oxygen, NOX and map.
- On the basis of vehicle type, the powertrain sensor market is segmented into light-duty vehicle and heavy-duty vehicle.
- On the basis of propulsion type, the powertrain sensor market is segmented into ICE propulsion and EV propulsion.
- On the basis of vehicle type, the powertrain sensor market is segmented into BEV, PHEV and FCEV.
- The powertrain sensor market is also segmented on the basis of sensor type for electric vehicle on the basis of speed sensor, temperature sensor, pressure sensor, position sensor, current sensor, voltage sensor, and other.
Powertrain Sensor Market Country Level Analysis
The global powertrain sensor market is analyzed and market size insights and trends are provided by sensor type for ICE vehicle, powertrain subsystem, propulsion type, vehicle type, electric vehicle type and sensor type for electric vehicle as referenced above.
The countries covered in the powertrain sensor market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the powertrain sensor market and will continue to flourish its trend of dominance during the forecast period due to the rising demand for automobiles, rising sales of commercial vehicles and increasing purchasing power of the people is expected to drive the market growth in the region within the forecast period of 2022 to 2029. North America region is set to witness unprecedented growth during the forecast period and will project the highest compound annual growth (CAGR) rate. This is because of the adopt launching of the new vehicle models to create positive impact on the growth of the economy as well as industries in this region.
The country section of the powertrain sensor market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Powertrain Sensor Market Share Analysis
The powertrain sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to powertrain sensor market.
Some of the major players operating in the powertrain sensor market report are Continental AG, Robert Bosch GmbH, DENSO CORPORATION, HELLA GmbH & Co. KGaA, VALEO SERVICE, Mitsubishi Electric Automotive America Inc., Infineon Technologies AG, Texas Instruments Incorporated, NXP Semiconductors, TE Connectivity., Littelfuse, Inc., Allegro MicroSystems, Inc., TDK-Micronas GmbH, Melexis, HYUNDAI KEFICO Corporation, PCB Piezotronics, Inc., kyocera, and Murata Manufacturing Co., Ltd, among others.
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