Powertrain Sensor Market to Cross USD 26.29 Billion by 2030 on Account of Increasing Adoption of EVs and Hybrid Vehicles
Powertrain Sensor Market Size, Share, Growth, Trend, Global Industry Overview and Regional Analysis, Forecast 2023 - 2030
AUSTIN, TEXAS, UNITED STATES, January 19, 2024 /EINPresswire.com/ -- SNS Insider published an exclusive report, titled, "Powertrain Sensor Market Size, Share & Segmentation By Sensor Type For EV, By Sensor Type For ICE Vehicle, By Propulsion Type, By Powertrain Subsystem, By Vehicle Type, By Electric Vehicle Type, By Region, And Global Forecast For 2023-2030".The SNS Insider report indicates that the powertrain sensor market, with a valuation of USD 20.92 billion in 2022, is anticipated to achieve USD 26.29 billion by 2030. This represents a compound annual growth rate (CAGR) of 2.9% from 2023 to 2030, as per the forecast period.
๐๐จ๐ฐ๐๐ซ๐ญ๐ซ๐๐ข๐ง ๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐
A powertrain sensor is a critical component in modern automotive systems, playing a pivotal role in monitoring and regulating various aspects of the powertrain. Comprising the engine, transmission, and other integral components, the powertrain relies heavily on sensors to provide real-time data for optimal performance. These sensors detect variables such as temperature, pressure, speed, and position, facilitating the seamless coordination of engine and transmission functions. By continuously collecting and analyzing data, powertrain sensors contribute to enhancing fuel efficiency, reducing emissions, and ensuring the overall reliability of the vehicle.
๐๐๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐๐จ๐ฐ๐๐ซ๐ญ๐ซ๐๐ข๐ง ๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ @ https://www.snsinsider.com/sample-request/3121
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐๐จ๐ฐ๐๐ซ๐ญ๐ซ๐๐ข๐ง ๐๐๐ง๐ฌ๐จ๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐:
โข Continental AG
โข Denso Corporation
โข Robert Bosch GmbH
โข Mitsubishi Electric Automotive America Inc.
โข HELLA GmbH
โข Infineon Technologies AG
โข TE Connectivity.
โข Allegro MicroSystems
โข Aptiv
โข NXP Semiconductors.
๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The powertrain sensor market is witnessing robust growth, driven by several key factors that underscore its significance in the automotive industry. Technological advancements, stringent emission norms, and the increasing demand for fuel-efficient vehicles are propelling the market forward. Additionally, the rising adoption of electric and hybrid vehicles further augments the demand for advanced powertrain sensors. As automotive manufacturers prioritize innovation to meet evolving consumer expectations, the market is poised for sustained expansion. Continuous innovation in sensor Stringent emission regulations drive demand for sensors to optimize engine performance. Increasing adoption of electric and hybrid vehicles boosts demand for advanced powertrain sensors. The globalization of automotive manufacturing has led to the establishment of complex and integrated supply chains. As automotive companies expand their operations globally, the need for standardized and reliable powertrain sensor solutions becomes paramount.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ฒ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
In North America, the powertrain sensor market is driven by stringent emission regulations and the increasing adoption of electric vehicles. The presence of key automotive manufacturers and a robust focus on technological innovation contribute to the region's dynamic market growth. Europe showcases a mature market with a strong emphasis on environmental sustainability. The region's commitment to reducing carbon emissions and promoting electric mobility fuels the demand for advanced powertrain sensors. The Asia-Pacific region dominates the global market, fueled by the rapid expansion of the automotive industry, particularly in emerging economies. Rising disposable incomes and the demand for fuel-efficient vehicles contribute to the region's vibrant market dynamics.
๐๐จ๐ฐ๐๐ซ๐ญ๐ซ๐๐ข๐ง ๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฌ ๐ ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:
By Sensor Type for EV
โข Current Sensor
โข Temperature Sensor
โข Position Sensor
โข Voltage Sensor
โข Other Sensors
By Sensor Type for ICE Vehicle
โข Temperature Sensor
โข Pressure Sensor
โข Position Sensor
โข Speed Sensor
โข Other
By Propulsion Type
โข EV
โข ICE
By Powertrain Subsystem
โข Drivetrain
โข Engine
โข Exhaust
By Vehicle Type
โข Heavy-Duty Vehicle
โข Light-Duty Vehicle
By Electric Vehicle Type
โข BEV
โข HEV
โข PHEV
โข FCEV
Segmented by Region:
โข North America
โข Europe
โข Asia-Pacific
โข The Middle East & Africa
โข Latin America
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ @ https://www.snsinsider.com/reports/powertrain-sensor-market-3121
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐๐๐๐ฌ๐ฌ๐ข๐จ๐ง
In the midst of an ongoing economic downturn, the powertrain sensor market faces a complex landscape of challenges and opportunities. While the recession may lead to a temporary contraction in automotive sales, there exists a silver lining for the market. As automakers strive to enhance operational efficiency and reduce costs, the demand for sensors that contribute to fuel efficiency and emission reduction is likely to persist. This, in turn, may drive innovation and technological advancements in the powertrain sensor sector, creating a counterbalance to the economic challenges posed by the recession.
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐ฎ๐ฌ๐ฌ๐ข๐-๐๐ค๐ซ๐๐ข๐ง๐ ๐๐๐ซ
The Russia-Ukraine conflict introduces a layer of geopolitical complexity that can potentially impact the global powertrain sensor market. Disruptions in the supply chain, fluctuations in raw material prices, and geopolitical uncertainties may pose challenges for manufacturers. However, as the automotive industry seeks to diversify supply chains and mitigate risks, opportunities for regional players and technological innovation in the market may emerge. The net impact depends on the resilience of the market players and their ability to adapt to the evolving geopolitical landscape.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ ๐๐ซ๐จ๐ฆ ๐๐จ๐ฐ๐๐ซ๐ญ๐ซ๐๐ข๐ง ๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
โข Within the market, the temperature sensor segment takes center stage as a critical component for engine optimization and performance. Temperature sensors play a crucial role in monitoring and regulating the heat generated during combustion, ensuring the engine operates within optimal temperature ranges.
โข The drivetrain segment emerges as a dominant force in the powertrain sensor market, given its pivotal role in transmitting power from the engine to the wheels. Sensors within the drivetrain segment monitor variables such as speed, torque, and wheel position, enabling precise control and coordination.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ฅ๐๐ญ๐๐ ๐ญ๐จ ๐๐จ๐ฐ๐๐ซ๐ญ๐ซ๐๐ข๐ง ๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ
โข Vitesco Tech and Cebi have joined forces to develop cutting-edge sensor cleaning technology. This collaboration marks a significant step in addressing one of the critical challenges faced by autonomous vehiclesโthe maintenance of clear and accurate sensor data.
โข Allegro MicroSystems has recently made waves in the automotive industry by announcing the launch of the industry's first ASIL C-certified innovation. Achieving ASIL C certification signifies that the product meets the highest level of safety requirements for automotive applications, particularly in systems where failure could result in severe consequences.
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ โ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porterโs 5 forces model
7. PEST Analysis
10. Powertrain Sensor Market Segmentation, By Propulsion Type
10.1 EV
10.2 ICE
11. Powertrain Sensor Market Segmentation, By Powertrain Subsystem
11.1 Drivetrain
11.2 Engine
11.3 Exhaust
โฆ..
15 Company Profile
15.1 Continental AG
15.1.1 Company Overview
15.1.2 Financials
15.1.3 Product/ Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 Denso Corporation.
15.2.1 Company Overview
15.2.2 Financials
15.2.3 Product/ Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 Robert Bosch GmbH.
15.3.1 Company Overview
15.3.2 Financials
15.3.3 Product/ Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 Mitsubishi Electric Automotive America Inc.
15.4.1 Company Overview
15.4.2 Financials
15.4.3 Product/ Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 HELLA GmbH
15.5.1 Company Overview
15.5.2 Financials
15.5.3 Product/ Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 Infineon Technologies AG.
15.6.1 Company Overview
15.6.2 Financials
15.6.3 Product/ Services Offered
15.6.4 SWOT Analysis
Continuedโฆ.
๐๐ฎ๐ฒ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐ซ๐ข๐๐ @ https://www.snsinsider.com/checkout/3121
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