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The automotive exhaust gas sensors market size is forecast to increase by USD 11.26 billion at a CAGR of 6.85% between 2023 and 2028. The market's expansion is influenced by various elements. Primarily, the surge in automobile demand is a significant driving force. Additionally, advancements in sensor design and technology are pivotal to market progress. Furthermore, the implementation of stringent emission norms is another critical factor, as it encourages the development of more efficient and eco-friendly vehicles. Consequently, the interplay of these factors contributes to the market's robust growth.
The market is a significant segment in the automotive industry, focusing on the development and implementation of sensors used to monitor vehicular emissions. These sensors play a crucial role in maintaining the efficiency, safety, and comfort of both passenger cars and commercial vehicles. Exhaust gas sensors, including temperature sensors, NOx sensors, and engine coolant sensors, are essential components in emission control systems. They help regulate the physical properties of exhaust gases, such as fluid level, pressure, and temperature, to adhere to norms and regulations aimed at reducing pollution from automobiles. Automotive vehicles, particularly diesel cars, have been under scrutiny due to their high emission levels and the greenhouse effects they contribute to.
As a result, advancements in exhaust gas sensors have been a priority to improve efficiency and meet stringent emission standards. Electric vehicles also incorporate exhaust sensors to monitor battery emissions and maintain overall performance. The market for automotive exhaust gas sensors is expected to grow as the demand for cleaner and more efficient vehicles increases. The integration of these sensors into engine control units and other vehicular components is essential for overheating prevention and ensuring optimal engine performance.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The oxygen sensor segment is estimated to witness significant growth during the forecast period. The market is driven by increasing pollution levels and related health concerns, resulting in stricter CAFÃ emission standards. Oxygen sensors and exhaust temperature sensors are crucial components in gasoline vehicles, ensuring optimal A/F mixture and effective emission control. Particulate filters and pressure sensors are essential in diesel cars. The maturation phase of electric vehicles is leading to an increased demand for exhaust sensors, including particulate matter sensors. The market is experiencing economic expansion, with technology providers, semiconductor companies, and smart mobility firms investing in microfabrication technology for faster reaction time, communication capability, and ruggedness. The integration of AI and machine learning technology in self-driving cars further boosts the demand for advanced automotive sensors and automobile automation.
Manufacturing disruptions and production halts due to sensor control units may pose challenges, but the overall market growth is expected to continue.
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The oxygen sensor segment accounted for USD 8.34 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 74% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in APAC is driven by rising pollution levels and increasing deaths related to air pollution in China and India. CAFÃ emission standards and the maturation phase of the automotive market in these countries are creating demand for advanced exhaust sensors, including oxygen sensors, exhaust temperature sensors, pressure sensors, and particulate matter sensors. Gasoline vehicles and diesel cars are the primary consumers of these sensors. The adoption of exhaust sensors is also being fueled by the shift towards electric vehicles and the integration of microfabrication technology, reaction time, and communication capability into sensor control units. The economic expansion and automotive production in Europe and North America are also driving the demand for these sensors from technology providers, semiconductor companies, and smart mobility firms.
Exhaust sensors play a crucial role in pollution control and the demand for electronics in the automotive industry. Manufacturing disruptions and production halts due to sensor failures can result in significant losses for automobile manufacturers. The physical properties of exhaust gases, such as fluid level, pressure, and temperature, are critical factors in the design and functionality of these sensors. Advancements in microchips, fusion devices, artificial intelligence (AI), and machine learning technology are enabling the development of self-driving cars and automotive sensors for automobile automation. The ruggedness and reliability of these sensors are essential for their successful implementation in the automotive industry.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increase in demand for automobiles is the key driver of the market. Automotive exhaust gas sensors play a crucial role in monitoring and reducing harmful emissions from vehicles. With the growing concern over environmental and health issues caused by exhaust gases, their demand is on the rise. This trend is particularly noticeable in countries like India, Russia, and Brazil, where automobile production is increasing. OEMs are integrating these sensors into their new models to ensure accuracy and reliability. Advanced technologies such as radar, LiDAR, and image sensors are also being used to enhance the functionality of exhaust gas sensors. Medium and heavy commercial vehicles are major consumers of these sensors due to their larger emissions.
Tragic events highlighting the human impact of air pollution underscore the importance of this market.
Cloud integration with OBD is the upcoming trend in the market. Exhaust gas sensors play a crucial role in automotive systems, ensuring optimal vehicle performance and reducing harmful emissions. The Electronic Control Module (ECM) unit collaborates with these sensors to monitor emissions and make necessary adjustments. Tragic events caused by malfunctioning sensors have highlighted the importance of sensor accuracy and reliability. Advancements in sensor technology have led to the integration of On-Board Diagnostic (OBD) systems with cloud-based platforms. Medium and heavy commercial vehicles are major beneficiaries of this technology. OEMs utilize radar, LiDAR, and image sensors to enhance the functionality of these systems. The integration with the cloud offers various support functions, including online repair services, fleet diagnostics, predictive maintenance, and pattern recognition for aged components.
This results in improved vehicle performance and reduced human involvement in maintenance processes.
Increasing cost burden on OEMs is a key challenge affecting market growth. Tragic events resulting from high exhaust emissions have necessitated stricter regulations, compelling Original Equipment Manufacturers (OEMs) to innovate. To comply with emission norms, OEMs are developing advanced exhaust systems and engine technologies. These include improvements in combustion and calibration, increased injection and cylinder pressures, and NOx and particulate matter after-treatment solutions. OEMs may also adopt Exhaust Gas Recirculation (EGR), Diesel Particulate Filters (DPF), and Selective Catalytic Reduction (SCR) technologies in diesel vehicles. Exhaust gas sensors, made of precious metals like platinum, gold, and zirconium, ensure accuracy and reliability in monitoring emissions. Medium and heavy commercial vehicles are major consumers of these sensors, which are integrated with radar, LiDAR, and image sensors for enhanced emission control.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd. - The company specializes in producing and supplying exhaust gas sensors for use in automobiles.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market plays a crucial role in ensuring vehicle emissions comply with regulatory standards. These sensors continuously monitor exhaust gas levels, enabling real-time adjustments to engine performance and reducing harmful emissions. The market for Automotive Exhaust Gas Sensors is driven by stringent emission norms and increasing environmental concerns. Key components of these sensors include heated catalytic converters, oxygen sensors, and NOx sensors. The market is expected to grow significantly due to the rising demand for fuel-efficient vehicles and the implementation of stricter emission regulations. Additionally, advancements in sensor technology and the integration of sensors into vehicle control systems are further fueling market growth.
Overall, the market is a vital segment in the automotive industry, contributing to improved vehicle performance and reduced environmental impact.
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Market Scope |
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Report Coverage |
Details |
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Page number |
196 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.85% |
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Market growth 2024-2028 |
USD 11.26 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.29 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 74% |
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Key countries |
China, US, Japan, Germany, and India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABB Ltd., Analog Devices Inc., BorgWarner Inc., Broadcom Inc., Continental AG, DENSO Corp., Emerson Electric Co., Faurecia SE, HELLA GmbH and Co. KGaA, Hitachi Ltd., Honeywell International Inc., Hyundai Motor Co., Infineon Technologies AG, MS Motorservice International GmbH, Niterra Co. Ltd., Robert Bosch GmbH, Sensata Technologies Inc., Stoneridge Inc., Tenneco Inc., and Tohoku Shibaura Electronics Co. Ltd. |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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