Automotive Engine Sensors Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Modern day automotive engines consists of various electronic and electric components. One of the vital components found in engines are sensors. The sensors used in engine is used to provide engine control unit with crucial data with regards to various engine functions. Resistance temperature detectors, thermo-couples, hall effect sensors, throttle position sensor, and others are some of the widely used sensors found in automotive engine.

MARKET DYNAMICS

The automotive engine sensors market is experiencing owing to growing needs for accessing real time engine performance data. However, shortage of microprocessor due to the COVID-19 is hampering the growth of the automotive engine sensors market. Meanwhile, increasing advancement in autonomous vehicle technology is expected to create opportunity for automotive engine sensors market players.

MARKET SCOPE

The "Automotive Engine Sensors Market Analysis to 2031" is a specialized and in-depth study of the automotive and transportation with a special focus on the global market trend analysis. The report aims to provide an overview of automotive engine sensors market with detailed market segmentation by product, vehicle type, and geography. The global automotive engine sensors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive engine sensors market players and offers key trends and opportunities in the automotive engine sensors market.

MARKET SEGMENTATION

The global automotive engine sensors market is segmented on the basis of product and vehicle type. Based on product, the market is segmented into process sensors and position sensors. Based on vehicle type, the market is segmented into passenger vehicles and commercial vehicles.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive engine sensors market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive engine sensors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting automotive engine sensors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive engine sensors market in these regions.

MARKET PLAYERS

The reports cover key developments in the automotive engine sensors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive engine sensors market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive engine sensors market. Below mentioned is the list of few companies engaged in the automotive engine sensors market.
IMPACT OF COVID-19 ON AUTOMOTIVE ENGINE SENSORS MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of automotive manufacturers. Automotive Manufacturers are facing bottleneck in their supply chain owing to microchip shortage which is caused decrease in production volumes and delay in deliveries of vehicles which has negatively impacted the automotive industry.

The report also includes the profiles of key automotive engine sensors market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Amphenol Advanced Sensors
  
•   Continental AG
  
•   DENSO
  
•   HELLA GmbH & Co. KGaA
  
•   NXP Semiconductors
  
•   Robert Bosch GmbH
  
•   Sensata Technologies, Inc.
  
•   TE Connectivity
  
•   TDK Electronics AG
  
•   ZF Friedrichshafen AG
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Automotive Engine Sensors Report Scope