Global “Automotive Gear Position Sensor Market” focuses on growth analysis and historical and futuristic cost of Automotive Gear Position Sensor industry. Automotive Gear Position Sensor market research report provides deep analysis of the competitive situation and trends, production, average price, manufacturing base distribution, sales area and product by types, concentration rate, mergers and acquisitions, expansion, revenue and share by manufacturers. identify new market opportunities and targeted promotional plans for Automotive Gear Position Sensor market
Automotive Gear Position Sensor market is giving the major share of 8.57% in 2018 and projected to grow at compound annual growth rate (CAGR) of more than almost 9% during forecast period 2019-2023.
About this market
Automotive gear position sensor detects the position of the gear and sends the information regarding the current position of the gearshift to the transmission control module, also called transmission control unit (TCU). Our automotive gear position sensor market analysis considers sales from both automatic transmission and manual transmission. Our analysis also considers the sales of automotive gear position sensor in APAC, Europe, MEA, North America, and South America. In 2018, the automatic transmission segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing demand for comfort and convenience features, growing traffic concerns, and the declining price difference between manual and automatic transmission systems will play a significant role in the automatic transmission segment to maintain its market position. Also, our global automotive gear position sensor market report also looks at factors such as growing demand for automatic transmission system, increasing demand for shift-by-wire technology, and growing demand for high-gear transmission system. However, increased complexities in designing of modern transmission system, stray field interference in magnetic gear position sensor, reliability issue with advanced transmission system leading to increase in events of malfunctioning and vehicle recalls may hamper the growth of the automotive gear position sensor industry over the forecast period.
the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.
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Competitive Landscape
Dynamics of Automotive Gear Position Sensor Market
Market Driver: increasing demand for shift-by-wire technology Market Trend: development of triple-clutch transmission system Market Challenge: reliability issue with advanced transmission system leading to an increase in events of malfunctioning and vehicle recalls. Increasing demand for shift-by-wire technology With the increase in the adoption of automatic transmission system, the demand for the shift by wire technology is expected to grow significantly during the forecast period. A shift by wire system uses an actuator for transmission. Instead of mechanical linkage with the gearbox, the transmission is done using actuators. The gear shift using the shift by wire system could be actuated using digital controls such as lever or buttons or rotary shifters. The GPS plays a crucial role in measuring the position of the digital controls, which control system continuously monitor. This demand for shift-by-wire technology will lead to the expansion of the global automotive gear position sensor market at a CAGR of almost 9% during the forecast period. Development of the triple-clutch transmission system Among automotive transmission systems, DCT is one of the most popular transmission systems in automotive applications. DCT offers improved performance, efficiency, and driving comfort. However, continuous works on RandD related to automatic transmission have led to the development of triple-clutch automatic transmission in the recent past. The prominent automotive OEMs, along with tier-1 suppliers, are working on commercial validity of the triple-clutch transmission system. This development is expected to have a positive impact on the overall market growth.
Global Automotive Gear Position Sensor Market: Regional Analysis
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TOC of Automotive Gear Position Sensor Market ReportPART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT 2.1 Preface 2.2 Preface 2.3 Currency conversion rates for US$ PART 03: MARKET LANDSCAPE Market ecosystem Market characteristics Market segmentation analysis PART 04: MARKET SIZING Market definition Market sizing 2018 Market size and forecast 2018-2023 PART 05: FIVE FORCES ANALYSIS Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition PART 06: MARKET SEGMENTATION BY APPLICATION Market segmentation by application Comparison by application Automatic transmission – Market size and forecast 2018-2023 Manual transmission – Market size and forecast 2018-2023 Market opportunity by application PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE Geographic segmentation Geographic comparison APAC – Market size and forecast 2018-2023 North America – Market size and forecast 2018-2023 Europe – Market size and forecast 2018-2023 South America – Market size and forecast 2018-2023 MEA – Market size and forecast 2018-2023 Key leading countries Market opportunity PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES Market drivers Market challenges PART 11: MARKET TRENDS Growing popularity of EV transmission system Development of triple-clutch transmission system Digital circuitry integrating advanced algorithms for faster gear shifts PART 12: VENDOR LANDSCAPE Overview Landscape disruption Competitive scenario PART 13: VENDOR ANALYSIS
No. of Pages: – 134
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