This Automotive Temperature Sensor market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Automotive Temperature Sensor market.
Growing applications, enhanced system efficiency and performance, driver convenience and reduction in emissions are some of the factors continuing to fuel the growth of the automotive temperature sensors market. Temperature sensors enable the enhancement of automotive systems. They are used in numerous applications to sense any damage. Conventionally, thermistor-based temperature sensors are used to send signals to gauges and then to electronic control modules. With increasing complexities, the types and numbers of temperature sensors have also increased due to enhanced performance requirements. Lead frame technology as a sub-assembly was incorporated to improve the traditional single-function and multi-functional sensors. Other than this, with the help of newly developed thermistor-based temperature sensors, it has become easier to monitor temperature range up to 1000 degree Celsius for catalytic converters and exhaust gases. The expansion of automatic HVAC driver information feedback and control has led to a significant increase in the use of temperature sensors for heating, ventilation and air-conditioning (HVAC) systems. The automatic HVAC control system also finds usage in cabin temperature sensors where they are used to provide automatically controlled cabin environment. The duct air temperature sensors used in automotive HVAC systems efficiently monitor the ambient temperature.
Automotive Temperature Sensor Market:Dynamics
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The growth of automotive electronics has fuelled the growth of the automotive temperature sensors market. Automotive temperature sensors provide appropriate feedback about the parameters to be controlled. Furthermore, with increasing inputs/outputs from existing electronics in the HVAC systems and engine management, the automotive temperature sensors market is expected to grow during the forecast period. Increasing demand from customers for advanced automatic control of systems and information regarding a vehicle’s status has led to an increase in the demand for the automotive temperature sensors. In addition, stringent government regulations regarding gas emission control and fuel economy are expected to drive the automotive temperature sensors market during the forecast period.
Poor accuracy -- it is impossible to gauge errors measuring less than one degree Celsius -- may hamper the growth of the global automotive temperature sensors market during the forecast period. Furthermore, sensitivity of Hall Effect sensors, mobility of majority carriers and electrical resistance of surface elements are affected by temperature. This, in turn, may hamper the growth of the automotive temperature sensors market.
Increased response time by smaller elements and installation in desired locations through smaller packages are some of the major trends witnessed in the automotive temperature sensors market. Furthermore, multi-functional temperature sensors with new as well as existing sensing elements are driving the market for automotive temperature sensors.
Automotive Temperature Sensor Market:Segmentation
Global automotive temperature sensor market is segmented on the basis of product type, application and vehicle type. On the basis of product type, the global automotive temperature sensors market is segmented into conventional and digital automotive temperature sensors. Based on application, the global automotive temperature sensor market is segmented into powertrain, exhaust gas, steering, safety and control, telematics and others categories. On the basis of vehicle-type, the global automotive temperature sensors market is segmented into passenger cars, light-commercial vehicles and heavy commercial vehicles.
Automotive Temperature Sensor Market:Key Participants
Automotive Temperature Sensor Market:Region-wise outlook
Owing to the growing automotive industry in countries such as China and India, the Asia-pacific region is expected to be the major market for automotive temperature sensors. Owing to stringent regulations regarding safety and emission controls in the U.S., Germany and the U.K., North America, followed by Western Europe, is expected to grow significantly during the forecast period, it is expected that Japan will experience concern regarding advancement in technology during forecast period. Eastern Europe and Latin America markets are expected to grow owing to safety concern and automotive industry over the forecast year. Middle East and Africa is expected to show stagnant growth during the forecast period.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Some of the key market participants in the automotive temperature sensor market are:
- Delphi Automotive LLP
- JIANGXI HAOFENG ELECTRIC APPLIANCES CO., LTD.
- Okazaki Manufacturing Company
- Sensata Technologies, Inc.
- Robert Bosch GmbH
- Delphi Automotive LLP
- NXP Semiconductors
- Continental AG
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions
What research methodology is used to develop the Automotive Temperature Sensor Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Automotive Temperature Sensor Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
What else does FMI offer apart from Automotive Temperature Sensor Market report?
In addition to up-to-date market figures and customized of the Automotive Temperature Sensor Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.
How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.