North America Soot Sensor Market Segments and Growth by 2027

The North America soot sensor market accounted to US$ 791.6 Mn in 2018 and is expected to grow at a CAGR of 2.0% during the forecast period 2019 - 2027, to account to US$ 934.3 Mn by 2027.

Increase in disposable income of individuals is driving the production of automobile and so entire industry. Globally, the production capacity of passenger cars, light, and heavy commercial vehicles are rising. As per the data of OICA, around 95.6 Mn units of vehicles are produced in 2018.

Market Insights

The stringent regulatory scenario in North America would drive the integrations of soot sensor

With rising global warming concerns and fuel costs, the automotive industry is frequently improving the combustion performances of their engines. In case of novel diesel engines, they are highly effective, but their nitrous oxide (NOx) and Diesel particulate such as soot emissions exceed by far the legal limits without a proper exhaust gas after treatment system. Diesel engine exhaust gasses contain particulate matter (PM) comprising of aggregated carbon particles which are called as soot. The soot also contains adhered organic compounds like hydrocarbons, and minor amounts of inorganic components like ashes or sulfates. This factor would propel the growth of North America soot sensor market

Scarce penetration of electric powertrain in the HCV to drive the North America soot sensor market

The major restraining factor for electric powertrain adoption for HCV’s is the cost parity of these vehicle with its diesel counterparts. As soon the electric trucks have a lower total cost of ownership than their diesel alternatives, fleet owners are expected to switch their preferences. It is estimated that the majority of electric trucks can reach cost parity with their diesel-counterparts in the coming ten to fifteen years, assuming a continuous improvement in battery power density and cost. There would be a marked rise in the North America soot sensor market anticipating the positive impact of technological integrations.

Technology Insights

The North America soot sensor market by technology was led by radio frequency technology segment. The North America soot sensor market is bifurcated on the basis of technology into Delta-P, electric charge, accumulating electrode, and radio frequency. Several types of soot sensors, also called as particulate matter are utilized for controlling the emission systems which uses diesel particulate filters (DPF). The soot sensors are basically designed for two types of applications including; for estimating the amount of the soot deposited in a diesel particulate filter to use accurate DPF regeneration strategies.

Vehicle Type Insights

The North America soot sensor market by vehicle type was led by the medium & heavy commercial vehicles segment. The vehicle type categorizes the North America soot sensor market into passenger vehicles, light commercial vehicles, and medium & heavy commercial vehicles. Use of pickup trucks, mini-vans, SUVs among the masses for myriad applications is rising, which creates a positive impact in the production of diesel-powered engines. Owing to fact, these engines are cost-effective with lower maintenance, and better reliability are gaining high traction in the market.

Mexico Soot Sensor Market by Vehicle Type

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North America Soot Sensor Market: Strategic Insights

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The market players present in the North America soot sensor market are mainly focusing on product enhancements by implementing advanced technologies. By signing partnership, contracts, joint ventures, funding, and inaugurating new offices across the world permit the company to maintain its brand name in North America. Few of the recent developments are listed below:

2019:

Stoneridge Inc. announced the closure of Canton, Massachusetts facility by the end of 2019. The Canton site is involved in manufacturing a range of products comprising sensors, switches, actuators, and other components for automotive and commercial vehicle applications. This closure is a part of company’s strategy to realign its operations and engineering footprint to position itself for future growth.

2019:

Robert Bosch announced the inauguration of its new R&D center in Suzhou, China. This new R&D center employs around 1,500 associates and focus majorly on manufacturing of mobility as well as connected solutions.

NORTH AMERICA SOOT SENSOR – MARKET SEGMENTATION

North America Soot Sensor Market - By Technology

• Delta-P

• Electric Charge
• Accumulating Electrode
• Radio Frequency

North America Soot Sensor Market - By Vehicle Type

• Passenger Vehicles
• Light Commercial Vehicles
• Medium & Heavy Commercial Vehicles

North America Soot Sensor Market - Company Profiles

• Amphenol Corporation
• AVL List GmbH
• CTS Corporation
• Continental AG
• Denso Corporation
• EmiSense Technologies, LLC
• Kyocera Corporation
• Robert Bosch GmbH
• Stoneridge, Inc.
• Texas Instruments Incorporated

Report Scope

North America Soot Sensor Market Regional Insights

The regional trends and factors influencing the North America Soot Sensor Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses North America Soot Sensor Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

North America Soot Sensor Market Report Scope

North America Soot Sensor Market Players Density: Understanding Its Impact on Business Dynamics

The North America Soot Sensor Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the North America Soot Sensor Market are:

1. Amphenol Corporation
2. AVL
3. CTS Corporation
4. Continental AG
5. Denso Corporation

Disclaimer: The companies listed above are not ranked in any particular order.