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Global Automotive Temperature Sensor Market – Industry Trends and Forecast to 2028

Automotive

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Global Automotive Temperature Sensor Market – Industry Trends and Forecast to 2028

  • Automotive
  • Upcoming Report
  • Jun 2021
  • Global
  • 350 Pages
  • No of Tables:
  • No of Figures:

Global Automotive Temperature Sensor Market, By Application (Engine, Exhaust, HVAC, Transmission, Thermal Seats, Body Electronics,  Alternative Fuel Vehicles, Powerstrain), Product (Thermistor, Resistance Temperature Detector, Thermacouple, IC Temperature Sensor, MEMS, Infrared Temperature Sensors), Technology (Contact, Non- Contact), Usage (Gas, Liquid, Air), EV Application (HVAC, Battery, Engine, Electric Motor), EV Charging Technology (Wired, Wireless), Vehicle (Passenger Cars, Commercial Vehicles), 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, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Automotive Temperature Sensor Market Market Analysis and Insights : Global Automotive Temperature Sensor Market

The automotive temperature sensor market will reach at an estimated value of USD 16.12 billion by 2028 and grow at a CAGR of 5.52% in the forecast period of 2021 to 2028. Rise in the awareness about the application of automotive temperature sensor is an essential factor driving the automotive temperature sensor market. 

Automotive temperature sensor is basically used to measure the temperature of the vehicle engine coolant. These sensors usually observe the temperature of the coolant and via electrical current they share this information to the electric current unit. MEMS, infrared temperature sensors, IC temperature sensor, thermistor among others are some of the common type of the automotive temperature sensor. They have the ability to measure the temperature gradient at different conditions.

Increase in the prevalence for autonomous vehicles is a crucial factor accelerating the market growth, also rise in the strict emissions rules for automobiles, increase in the demand for advanced automatic control system, rise in the application of automotive temperature sensor, rise in the use of automotive temperature sensor in engine control unit, to improve fuel efficiency, and provide vehicle safety and rise in the awareness regarding various types of sensors that can help improve vehicle design are the major factors among others boosting the automotive temperature sensor market. Moreover, rise in the penetration of electric vehicle all over the globe, rise in the aggressive development in autonomous vehicle and rise in the sensor fusion technology will further create new opportunities for automotive temperature sensor market in the forecast period mentioned above.

However, rise in the cost pressure on automotive OEM’s and limitations of temperature sensors are the major factors among others restraining the market growth, while compatibility issue between sensor manufacturers and OEM’S and price competition among sensor manufacturers will further challenge the automotive temperature sensor market in the forecast period mentioned above.

This automotive temperature 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 localised 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 the automotive temperature 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.

Automotive Temperature Sensor Market Scope and Market Size

The automotive temperature sensor market is segmented on the basis of application, product, technology, usage, EV application, EV charging technology and vehicle. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of application, the automotive temperature sensor market is segmented into engine, exhaust, HVAC, transmission, thermal seats, body electronics, alternative fuel vehicles and powerstrain.
  • Based on product, the automotive temperature sensor market is segmented into thermistor, resistance temperature detector, thermacouple, IC temperature sensor, MEMS and infrared temperature sensors.
  • Based on technology, the automotive temperature sensor market is segmented into contact and non- contact.
  • Based on usage, the automotive temperature sensor market is segmented into gas, liquid and air
  • Based on EV application, the automotive temperature sensor market is segmented into HVAC, battery, engine and electric motor.
  • Based on EV charging technology, the automotive temperature sensor market is segmented into wired and wireless.
  • The automotive temperature sensor market is also segmented on the basis of vehicle into passenger cars and commercial vehicles.

Automotive Temperature Sensor Market Scope Country Level Analysis

The automotive temperature sensor market is analysed and market size, volume information is provided by country, application, product, technology, usage, EV application, EV charging technology and vehicle as referenced above.

The countries covered in the automotive temperature 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 the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific dominates the automotive temperature sensor market due to rise in the strict emissions rules for automobiles, increase in the demand for advanced automatic control system and rise in the application of automotive temperature sensor in this region. North America and Europe are the expected regions in terms of growth in automotive temperature sensor market due to rise in the stringent government regulations regarding safety in these regions.

The country section of the automotive temperature 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Automotive Temperature Sensor Market Share Analysis

The automotive temperature 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, regional presence, 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 automotive temperature sensor market.

The major players covered in automotive temperature sensor market report are Continental AG, Bosch Limited, Delphi Technologies, Sensata Technologies, Inc., TE Connectivity., NXP Semiconductors, Microchip Technology Inc., Analog Devices, Inc., Texas Instruments Incorporated, Panasonic Corporation, Murata Manufacturing Co., Ltd., TDK Corporation and Okazaki Manufacturing Company UK Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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