Global Two-wheeler Position Sensor Market 2017-2021

Overview of the global two-wheeler position sensor market

Technavio's market research study has identified the increasing road congestion due to the rise in urbanization to be one of the primary growth factors for the two-wheeler position sensor market. Urbanization is resulting in increasing road congestion, especially in metropolitan cities. Two-wheelers are compact and can be easily navigated through congested traffic conditions. Additionally, their lightweight construction and fuel efficiency make them economical and convenient than public transportation systems. Increasing level of road congestion is further influencing the sale of two-wheelers. Further, the two-wheelers are integrating two-wheelers with an array of sensors, such as position sensors and oxygen sensors. The integration of sensors caters to the rising need for economic and personal mobility of the consumers in the throttle position sensor market. Our market research analysts estimate that the market will grow steadily at a CAGR of almost 17% by 2021.

Position sensors are being increasingly used in several applications in modern vehicles due to the electrification of mechanical components, that is providing traction to contactless sensors and magnetic sensors. Subsequently, Methode Electronics developed innovative sensor technology that enables direct positioning sensing of a metallic target. This technology is highly flexible in geometric configuration, sensing range, electrical interference, and operational environmental conditions. The position sensor is equipped with in-built self-diagnostics, which continuously monitor internal failures. According to our analysts,  the development of smart position sensors will be one of the key trends that will gain traction in two-wheeler position sensor market in the coming years.

Competitive landscape and key vendors

The two-wheeler position sensor market is moderately populated due to the presence of several international and domestic vendors. The key players dominate the throttle position sensor market supported by their differentiated and efficient products. Two-wheeler position sensor manufacturers are continuously upgrading their engine models to comply with updated emission norms. Established players in the throttle position sensor market are equipped with strong geographical presence and wide product portfolio.

The leading vendors in the market are

• Bosch
• Continental
• DENSO
• Delphi

The other prominent vendors in the market are Hyundai KEFICO, Pucheng Sensors, CTS, Infineon Technologies, Methode Electronics, ZF Friedrichshafen, and Sensata Technologies.

Segmentation by product type and analysis of the two-wheeler position sensor market

• Motorcycles
• Scooters

The motorcycle segment accounts for major share in the throttle position sensor market due to increase in racing culture and motorcycle touring in several developed economies. The motorcycle segment pertains to luxury segment motorcycles and commuting segment motorcycles adopting position sensors to rising sales of fuel-injected two-wheelers, increasing need for personal mobility, and rising preference for convenient means.

Geographical segmentation and analysis of the two-wheeler position sensor market

• Americas
• APAC
• EMEA

APAC will be the major revenue contributor to the two-wheeler position sensor market due to implementation of stringent emission norms and extensive adoption of two-wheelers by the consumers. The increasing pollution levels, increasing road congestion, and rising fuel prices in this region is mandating the adoption of throttle position sensors. China, India, and Japan are the major contributors to the market growth of throttle position sensor market.

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-wheeler position sensor market?
• What are the key market trends impacting the growth of the global two-wheeler position sensor market?
• What are the challenges to market growth?
• Who are the key vendors in the global two-wheeler position sensor market?
• What are the market opportunities and threats faced by the vendors in the global two-wheeler position sensor 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-wheeler position sensor market?

Technavio also offers customization on reports based on specific client requirement

A position sensor is a device that measures objects absolute and relative position from its starting point to its reference point. Two-wheelers use various position sensors such as displacement sensor, throttle position sensor, handlebar position sensor, and such. This upcoming market research report on the global two-wheeler position sensor market is an essential part of Technavio's automotive industry which offers key insights into the market space for automotive electronics sector. The upcoming report on the global two-wheeler position sensor market also investigates into business intelligence variables such as market size, emerging trends, key drivers, growth rate, and profit potential to provide the client with a complete market overview to succeed in the market.

Research analysts at Technavio go through a rigorous analysis of research journals, expert opinions, and client survey to oversee primary and secondary research. Qualitative and quantitative research methodologies such as vendor briefings, drivers and trend analysis, and market share and size estimate are used to accurately forecast the growth of the market which will help the client in making the product development decisions.

Continental, Bosch, CST, Delphi, DENSO, GE Measurement, HELLA, Infineon, NXP, Sensata, and ZF Friedrichshafen are some of the vendors covered in the report to identify relative market share and growth rate of this market. The upcoming report on the global two-wheeler position sensor market also covers geographic regions such as the Americas, EMEA, and APAC to present an analysis of geographic segmentation. A present day two-wheeler is fitted with multiple intelligent sensors to increase safety, accuracy, performance, and features. This adoption of integrating multiple sensors in a two-wheeler is expected to drive the demand for this market.

The upcoming research report on the global two-wheeler position sensor market also includes product category-wise growth potential, key growth drivers, industry insights, emerging trends, technological innovation, and changing market dynamics. The report also covers related sectors from the automotive market such as automotive manufacturing, automotive components, and auto accessories.

Our market research methodology for the global two-wheeler position sensor market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.