Overview of the global two-wheeler knock sensors market
Technavio's research analysis on the global two-wheeler knock sensors market identifies that the protection of the engine from uncontrolled combustion will be one of the major factors that will have a positive impact on the growth of the market. The knock sensors provide increased assistance in alerting the rider in case of any detonation. This prevents the damage caused by the engine and engine-related components. Moreover, the two-wheeler knock sensors are gaining increased popularity in the mid-premium, premium, luxury, and ultra-luxury two-wheelers as they help in providing better fuel efficiency, reduced carbon emissions, and offer better safety of the two-wheeler. As the manufacturers are making increased efforts to meet the expected performance from the customers, the demand for two-wheeler knock sensors market is likely to increase during the forecast period. Our market research analysts predict that this market will grow at a CAGR of close to 10% by 2021.
The miniaturization of knock sensors is one of the key trends that will contribute to the market growth in the forthcoming years. One of the prominent vendors, Continental introduced the M6 small design knock sensor that is precisely made to use in compact engines. This sensor measures structural vibrations in the IC engines that constantly alter ignition parameters for engine performance optimization. Moreover, this high sensitivity M6 knock sensor helps in increasing the engine power and lowers the fuel consumption which is highly used in luxury and ultra-luxury motorcycles. This also leads to the growth of the engine sensors market.
Competitive landscape and key vendors
The two-wheeler knock sensors market mainly consist of key vendors. Bosch is one of the major players in this marketspace. It is a multinational engineering and electronics company. The company has its presence across 60 countries and offers solutions related to various sectors including automotive parts, power tools, security systems, home appliances, and engineering electronics.
The leading vendors in the market are ?
- Bosch
- Continental
- Delphi Automotive
- DENSO CORPORATION
- NGK Spark Plugs (U.S.A)
The other prominent vendors in the market are Hitachi, Hyundai KEFICO, Infineon Technologies, INZI CONTROLS, and Standard Motor Products Europe.
Segmentation by application and analysis of the two-wheeler knock sensors market
During 2016, the motorcycles segment accounted for the major shares of the two-wheeler knock sensors market. Factors such as the increasing use of knock sensors to indicate the rider in case of premature self-ignition of the air-fuel mixture and the high demand for motorcycles in countries such as India and China, will contribute to the growth of this industry segment in the coming years.
Geographical segmentation and analysis of the two-wheeler knock sensors market
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the two-wheeler knock sensors market throughout the forecast period. The high demand for two-wheelers and the increased efforts by key two-wheeler manufacturers to equip them with improved safety features, will drive the market's growth prospects in this region.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global two-wheelers knock sensors market?
- What are the key market trends impacting the growth of the global two-wheelers knock sensors market?
- What are the challenges to market growth?
- Who are the key vendors in the global two-wheelers knock sensors market?
- What are the market opportunities and threats faced by the vendors in the global two-wheelers knock sensors market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global two-wheelers knock sensors market?
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According to Technavio's research analysts, one of the important factors driving the growth of the global two-wheeler knock sensors is the capability of knock sensors to protect the engine from uncontrolled combustion. This market report on the global two wheeler knock sensors market cover vendors like Bosch, Continental, Delphi, and NGK and offer a holistic overview of the market for the estimated period of 2017-2021.
This market research report on the global two-wheeler knock sensors market provides deep insights into the automotive industry focusing on major sectors like automotive electronics. Furthermore, this report presents the market's segmentation in terms of geography, including regions like the Americas, APAC, and EMEA to offer a wide-ranging perspective of the market and help the client expand in the niche as well as international markets.
This market research report on the global two wheeler knock sensors market offers deep-dive into the market in terms of market segments, market share and size, and market trends and drivers. Furthermore, this report on the global two wheeler knock sensors market follows an in-depth market research methodology comprising of qualitative and quantitative data collection techniques.
Our market report on the global two wheeler knock sensors market offers insights into other major segments in the automotive industry like the automotive components market. This report also considers similar growing markets like the motorcycle heated seats market, which is expected to grow rapidly at a CAGR of over 9% by 2021.
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