Market Synopsis
Automotive temperature sensors find a use for the measurement of the temperature of different places of an automobile. The sensors consist of thermocouple, infrared device, thermistor, or resistance temperature detector for measuring temperature. It enables the detection of various vehicle parameters under varying conditions of operation. The integration of the temperature sensors with the automobiles delivers an exceptional driving experience. The sensors facilitate the identification of the internal as well as external systems and enable taking the correct measures. The global automotive temperature sensor market is experiencing significant growth owing to the accuracy as well as the robustness of the sensors.
The increasing demand for fuel-efficient technologies and better engine control management systems are the key factors that drive the growth of the global automotive temperature sensor market. The strict emission norms and changes in the regulatory policies of the government are further expected to fuel the expansion of the global market. The preference of the manufacturers to understand the operating condition as well as the performance of the vehicles also accelerates the growth of the global automotive temperature sensor market.
The increase in the spending capability of the consumers and the rise in the demand for superior technologies are other factors supporting the growth of the global automotive temperature sensor market. Manufacturers are engaged in developing advanced detection technologies to ensure optimum compliance with the new regulatory laws. The high cost of the temperature sensors can restrict the growth of the global automotive temperature sensor market. The global market of the automotive temperature sensor is anticipated to reach up to a CAGR of 6% in the forecast period.
MRFR profiled key players in Automotive Temperature Sensor Market. They are:
RFMicron, ZF TRW Automotive, TT Electronics, Microchip Technology Inc., RoHM Co. Ltd., TE Connectivity Ltd., TDK Corporation, Panasonic, Continental, Aptiv PLC, and Robert Bosch.
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Market Segmentation
The global automotive temperature sensor market is segmented based on the product type, vehicle type, and application.
On the basis of the product, the global automotive temperature sensor market is segmented into IC sensors, MEMs, and infrared temperature sensors. The infrared temperature sensor is the dominating segment in the global market, owing to its increased use in high-end care for better performance.
Based on vehicle type, the global automotive temperature sensor market is divided into the commercial vehicle and passenger car. The passenger vehicle segment is more prominent in the global market.
On the basis of application, the global market is divided into exhaust, seats, and engine. The engine segment dominates in the global market.
Regional Overview
On the basis of region, the global automotive temperature sensor is divided into Europe, America, Asia Pacific, and the rest of the world. The Asia Pacific region is anticipated to dominate in the global market owing to the rise in the demand for advanced automotive electronics in South Korea and Japan. The rules framed by the US Environment agency will accelerate the growth of the automotive temperature sensor market in the American region. The key players in the regional market are developing reliable and high performing temperature sensors to contribute to the growth of the global automotive temperature sensor market.
Top Industry News
In October 2019, BorgWarner, a key player in the industry, teamed up with a reputed New Energy Vehicle (NEV) brand of China to supply the integrated drive module for electric vehicles. The company has made a number of efforts to build temperature sensing ability and enhance the temperature management of the vehicles.
Key Questions Addressed by the Report
- What was the historic market size ?
- Which segmentation (Product/ Capacity) is driving market?
- What will be the growth rate by 2023?
- How are the key players in this market?
- What are the strategies adopted by key players?
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TABLE OF CONTENT
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 Porter’s Five Forces Analysis
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
5 Global Automotive Temperature Sensor Market, By Application
5.1 Introduction
5.2 Engine
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
5.3 Exhaust
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
5.4 Seats
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
List Of Tables
Table 1 Global Automotive Temperature Sensor Market: By Region, 2017-2023
Table 2 North America Automotive Temperature Sensor Market: By Country, 2017-2023
Table 3 Europe Automotive Temperature Sensor Market: By Country, 2017-2023
Table 4 Asia Pacific Automotive Temperature Sensor Market: By Country, 2017-2023
Table 5 RoW Automotive Temperature Sensor Market: By Country, 2017-2023
Table 6 Global Automotive Temperature Sensor Market, By Application, By Regions, 2017-2023
Table 7 North America Automotive Temperature Sensor Market, By Application, By Country, 2017-2023
Table 8 Europe Automotive Temperature Sensor Market, By Application, By Country, 2017-2023
Table 9 Asia Pacific Automotive Temperature Sensor Market By Application, By Country, 2017-2023
Table 10 RoW Automotive Temperature Sensor Market By Application, By Country, 2017-2023
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