Automotive Powertrain Sensors Market by Type and Geography - Forecast and Analysis 2020-2024

  • Published: Aug 2020
  • Pages: 120
  • SKU: IRTNTR44715
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The automotive powertrain sensors market size has the potential to grow by USD 0.16 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by type (process sensors, position sensors, and others) and geography (APAC, Europe, North America, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including BorgWarner Inc., Continental AG, DENSO Corp., Infineon Technologies AG, Murata Manufacturing Co. Ltd., NXP Semiconductors NV, Robert Bosch GmbH, Sensata Technologies Holding Plc, Texas Instruments Inc., and ZF Friedrichshafen AG.

Market Overview

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Market Competitive Analysis

The market is fragmented. The market consists of a number of international vendors and is dominated by players who have a differentiated and efficient product portfolio. Moreover, the company mainly focuses on innovating their products and recently unveiled the smallest barometric pressure sensor in the market. BorgWarner Inc., Continental AG, and DENSO Corp. are some of the major market participants. Although the increased adoption of electronics in modern vehicles will offer immense growth opportunities, the increasing adoption of EVs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this automotive powertrain sensors market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this automotive powertrain sensors market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • BorgWarner Inc.
  • Continental AG
  • DENSO Corp.
  • Infineon Technologies AG
  • Murata Manufacturing Co. Ltd.
  • NXP Semiconductors NV
  • Robert Bosch GmbH
  • Sensata Technologies Holding Plc
  • Texas Instruments Inc.
  • ZF Friedrichshafen AG

Automotive Powertrain Sensors Market: Segmentation by Type

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Process sensors are used in several application areas in automobiles. The introduction of stringent regulations pertaining to passenger safety and vehicle security by several regulatory authorities across will drive the adoption of safety systems, in turn, fueling market growth.

Market growth in this segment will be slower than the growth of the market in the position sensors segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive powertrain sensors market size.

Automotive Powertrain Sensors Market: Segmentation by Geography

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South America was the largest automotive powertrain sensors market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increased demand for passenger cars and the rise in infrastructure developments will significantly drive automotive powertrain sensors market growth in this region over the forecast period.

44% of the market’s growth will originate from South America during the forecast period. Brazil and Argentina are the key markets for automotive powertrain sensors in South America. Market growth in this region will be faster than the growth of the market in North America and Europe.

Automotive Powertrain Sensors Market: Key Drivers and Trends

The automotive powertrain sensors market will register a CAGR of almost 1% by 2024. The increased adoption of automatic transmission is one of the major factors driving market growthAutomatic transmission solves the difficulty of selecting the correct gears and the development of gear-neutral sensing improves the gear shifting process. With automotive manufacturers including functions from stop-start to double clutches to differentiate their products, the market will witness significant growth since powertrain sensors have become one of the crucial components in powertrain.

Due to the characteristics such as high sensitivity and low power consumption of ceramic transducers, automotive original equipment manufacturers (OEMs) will soon start preferring ceramic capacitive pressure sensors.  Additionally, advantages such as the elimination of the need of a medium such as oil for pressure transmission and simple packaging, will also induce OEMs to use ceramic sensors especially for medium pressure ranges.

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Automotive Powertrain Sensors Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive automotive powertrain sensors market growth during the next five years
  • Precise estimation of the automotive powertrain sensors market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive powertrain sensors market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive powertrain sensors market vendors

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Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Process sensors - Market size and forecast 2019-2024
  • Position sensors - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BorgWarner Inc.
  • Continental AG
  • DENSO Corp.
  • Infineon Technologies AG
  • Murata Manufacturing Co. Ltd.
  • NXP Semiconductors NV
  • Robert Bosch GmbH
  • Sensata Technologies Holding Plc
  • Texas Instruments Inc.
  • ZF Friedrichshafen AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The automotive powertrain sensors market growth will increase by $-0.16 billion during 2019-2024.
The automotive powertrain sensors market is expected to grow at a CAGR of -0.33% during 2019-2024.
Technavio has segmented the automotive powertrain sensors market by type (Process sensors, Position sensors, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
BorgWarner Inc., Continental AG, DENSO Corp., Infineon Technologies AG, Murata Manufacturing Co. Ltd., NXP Semiconductors NV, Robert Bosch GmbH, Sensata Technologies Holding Plc, Texas Instruments Inc., ZF Friedrichshafen AG are a few of the key vendors in the automotive powertrain sensors market.
South America will register the highest growth rate of -43.75% among the other regions. Therefore, the automotive powertrain sensors market in South America is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • Germany
  • Japan
  • South Korea (Republic of Korea)
  • India
The key factors driving the automotive powertrain sensors market growth are:
  • Increased adoption of electronics in modern vehicles
  • Advanced MEMS packaging techniques will drive the adoption of powertrain sensors
The automotive powertrain sensors market vendors should focus on grabbing business opportunities from the process sensors segment as it accounted for the largest market share in the base year.
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