A sensor is a device meant for detecting or measuring a physical property and indicating or responding to it. Market Research Future (MRFR) has published a research report about the global exhaust sensors for the automotive market that foresees success for this market by 2022. Analyzing the market structure, this report evaluates the future growth potential of the market. It analyzes the strategies of the key players in the market and follows the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.
The key factor responsible for the growth of the global exhaust sensors for the automotive market is the rise in demand in the usage of electronics for emission control, safety, and luxury. Other factors aid the market growth include increasing disposable income, rising demand for passenger cars. Stringent emission norms across the globe have influenced the automotive industry to explore alternatives to reduce particulate matter, especially in diesel vehicles.
The global exhaust sensors for the automotive market has been segmented on the basis of fuel, sensors, vehicle, and lastly, region. The fuel-based segmentation has segmented this market into diesel and gasoline. Based on sensors, the market has been segmented into engine coolant temperature, exhaust temperature & pressure, MAP/MAF sensors, NOX, O2, and particulate matter. As per vehicle-based segmentation, light commercial vehicle (LCV), heavy commercial vehicle (HCV), and passenger car.
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The regional segmentation of the global exhaust sensors for automotive market segments it into the regional markets namely North America, Europe, Asia Oceania, and the rest of the world (RoW). Asia Oceania is the biggest market among all regional markets due to the demand for growth in the passenger cars in the countries such as China, India, Japan, and South Korea. In the rest of Asia Oceania, the market is not growing at the speed at which it is growing in these four countries, but it is growing steadily. China and India account for the two-thirds of the world population. Therefore, the demand for luxury and raise in the per capita income among the youth and middle class of these two countries has triggered the growth of the market in this region.
Followed by Asia Oceania, Europe is also an attractive market due to its stringent emission norms in the region which compelled industries to drive through the demand of the market by exploring different alternatives to reduce pollution. In Europe, the most important country-specific markets are France, Germany, Italy, and the United Kingdom (UK), followed by the rest of Europe. In North America, the market for exhaust sensors for automotive exists due to advanced technology being available there and because of the existence of an already established automotive industry. The most significant country-specific markets in this region are the United States of America (USA) and Canada.
Key Players
The key players in the global exhaust sensors for automotive market include Continental AG (Germany), Delphi Co. (India), Denso Corporation (Japan), Hella KGAA Hueck & Co. (Germany), Hitachi Ltd (Japan), Infineon Technologies AG (Germany), NGK Spark Plug Co. Ltd (Japan), Robert Bosch GmbH (Germany), Sensata Technologies Holding NV (USA), and Stoneridge Inc (USA).
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Key Questions Addressed by the Report
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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