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Global Automotive Gear Position Sensor Market 2019-2023

  • Published: Jul 2019
  • Pages: 134
  • SKU: IRTNTR31723
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The global automotive gear position sensor market size will grow by USD 4.08 billion during 2019-2023. This market report provides a detailed analysis of the market by application (automatic transmission and manual transmission) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Continental AG, Honeywell International Inc., Infineon Technologies AG, TE Connectivity Corp., and ZF Friedrichshafen AG.

A few of the key findings from our automotive gear position sensor market forecast report are summarized below

Automotive Gear Position Sensor Market

 

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Global Automotive Gear Position Sensor Industry Overview

Continuous technological advances in automatic transmission systems have resulted in the development of triple-clutch automatic transmission. Prominent vendors such as General Motors, Honda Motors Co. (Honda Motor), and Ford Motor are developing triple-clutch transmission systems, which provide more superior performance, efficiency, and driving comfort compared with dual-clutch automatic transmission. Triple-clutch automatic transmission systems use intelligent electronic control units (ECUs), sensors, and advanced software and machinery to keep engines revving at the point of maximum efficiency and minimum wastage. The increasing demand for fuel efficiency in automobiles will further boost the popularity of triple-clutch transmission systems. This development of triple-clutch transmission systems has been identified as one of the critical automotive gear position sensor market trends, which is responsible for the growth of the market.

The increasing adoption of automatic transmission systems will boost the demand for shift-by-wire technology. Shift-by-wire systems use actuators instead of mechanical linkages for transmission. The adoption of shift-by-wire systems will significantly improve the output and help in reducing the weight of vehicles. The adoption of these systems is expected to occur across a wider range of vehicles during the forthcoming years. In addition, the integration of control software will further boost the popularity of shift-by-wire systems. The control system in the shift-by-wire technology uses gear position sensors to continuously monitor and measure positions of digital controls. Thus, the increasing demand for shift-by-wire technology will be a significant automotive gear position sensor market growth driver. The market is expected to record a CAGR of almost 9% during the forecast period. 

Top Automotive Gear Position Sensor Companies Covered in this Market Research Report

The global automotive gear position sensor market is fragmented. To help clients in improving their market positions, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this automotive gear position sensor market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies to create strategies to make most of the upcoming growth opportunities.

The report offers a detailed analysis of several leading automotive gear position sensor manufacturers, including:

  • Continental AG
  • Honeywell International Inc.
  • Infineon Technologies AG
  • TE Connectivity Corp.
  • ZF Friedrichshafen AG

Automotive Gear Position Sensor Market Segmentation Based on Application

  • Automatic transmission
  • Manual transmission

The automatic transmission segment will account for the highest automotive gear position sensor market share. The increasing demand for comfort and convenience features, growing traffic concerns, and the declining price difference between manual and automatic transmission systems will boost the demand for automotive gear position sensors in automatic transmission applications. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive gear position sensor market size.

Automotive Gear Position Sensor Market Segmentation Based on Geographic Region

  • APAC
  • Europe
  • MEA
  • North America
  • South America

With a complete study of the growth opportunities for the companies, it has been identified that APAC will account for the highest share of the automotive gear position sensor market throughout the forecast period. The increasing demand for automatic transmission systems in APAC is responsible for automotive gear position sensor market growth in this region.

Key Highlights of the Global Automotive Gear Position Sensor Market for the Forecast Years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the automotive gear position sensor market during the next five years
  • Precise estimation of the global automotive gear position sensor market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive gear position sensor industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of automotive gear position sensor companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

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

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Automatic transmission - Market size and forecast 2018-2023
  • Manual transmission - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing popularity of EV transmission system
  • Development of triple-clutch transmission system
  • Digital circuitry integrating advanced algorithms for faster gear shifts

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Continental AG
  • Honeywell International Inc.
  • Infineon Technologies AG
  • TE Connectivity Corp.
  • ZF Friedrichshafen AG

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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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