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  • Automotive Powertrain Sensors Market Worth $25.1 billion by 2027 - Exclusive Report Covering Pre and Post COVID-19 Market Analysis by Meticulous Research®

    (Transportation-News.com, August 02, 2022 ) According to a new market research report titled, Automotive Powertrain Sensors Market by Sensors Type (Temperature, Position, Exhaust, Pressure, Speed, Knock), Powertrain Subsystems (Engine Management, Transmission Management, Power Steering), and Vehicle Type (ICE, EV) Global Forecast to 2027, published by Meticulous Research, the automotive powertrain sensors market is expected to grow at a CAGR of 5.4% from 2020 to 2027 to reach $25.1 billion by 2027.

    Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5155

    The rising requirement of increasing fuel economy, increasing requirement of sensors in hybrid powertrains, and increasing demand for mid-sized cars from developing nations are major the factors driving the automotive powertrain sensors market. Moreover, rising awareness about reducing carbon footprint and stringent emission regulations provide significant growth opportunities for players operating in the automotive powertrain sensors market. However, the high development cost of automotive sensors is obstructing the growth of the market to some extent. One of the major trends expected to affect the market is the rising adoption of shared mobility and rapid transportation systems in the developed nations, due to which demand for new vehicles is expected to decrease, negatively affecting the growth of the automotive powertrain sensors market.

    Impact of COVID-19 on the automotive powertrain sensors market

    The effect of COVID- 19 has had a wide-scale impact on daily life and has also affected businesses ranging from small to large scale. The automotive sensor industry's impact is estimated to be higher due to declining automotive production & sales of new vehicles, disrupted automotive supply chain, and reduction in new investments.

    The global demand for automotive powertrain sensors faced a huge downfall due to the worldwide shutdown of various automobile manufacturing facilities. The decreased export of motor vehicles, coupled with declining consumer buying power due to the pandemic's economic downfall, has severely affected the automotive sensors market in general. The pandemic has also hugely affected the automotive supply chain due to lockdowns prevailed in many regions worldwide. The powertrain sensors industry's supply chain faces a lack of raw material, a shift of manufacturing facilities to other countries, cash crises, and declined customer demand.

    Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5155

    Overall, the automotive powertrain sensors market has faced a significant downfall due to low demand for automotive and disrupted supply chain, and the market is expected to be negatively impacted due to the COVID-19 pandemic.

    Based on powertrain subsystem, in 2020, the engine management segment is projected to account for the largest share of the overall automotive powertrain sensors market. The large share of this segment is mainly because the engine converts the chemical energy into mechanical energy using various moving parts that need to be monitored for increasing efficiency and reducing emissions. Hence, pressure, position, speed, and temperature sensors are used for engine management in the powertrain.

    Based on vehicle type, in 2020, the internal combustion engines segment is poised to command the largest share of the overall automotive powertrain sensors market. The OEMs worldwide are increasingly trying to track and monitor every aspect of the engine to make them more fuel-efficient and ensure lower emissions, due to which automotive powertrain sensors for internal combustion engines will dominate the market during the forecast period.

    Based on sensor type, the position sensors segment is expected to show the fastest growth rate during the forecast period. The high growth of powertrain position sensors is attributed to the rising adoption of emerging technologies in automotive products, such as electric power steering, traction inverters, automatic transmissions, and anti-lock braking systems. Apart from these, position sensors are also increasingly installed in gearbox assemblies to monitor the torque delivered at each gear position and optimize shifting to deliver maximum power.

    Quick Buy Automotive Powertrain Sensors Market Research Report: https://www.meticulousresearch.com/buy_now.php?pformat=459&vformat=1371

    This research report analyzes major geographies and provides a comprehensive analysis for North America (U.S. and Canada), Europe (Germany, U.K., France, Italy, Spain, Russia & CIS, and Rest of Europe), Asia-Pacific (Japan, China, South Korea, India, Thailand, and RoAPAC), Latin America, and the Middle East & Africa. In 2020, Asia-Pacific region is projected to command the largest share of the overall automotive powertrain sensors market, followed by Europe and North America. The large share of the Asia-Pacific region is majorly because of the fastest-growing economies, such as India, China, Indonesia, and Thailand, due to which the purchasing power of the consumer in this region is high, and there is a huge demand for automobiles from this region.

    The key players operating in the automotive powertrain sensors market are Texas Instruments (U.S.), Denso Corporation (Japan), Robert Bosch GmbH (Germany), Mitsubishi Electric Corporation (Japan), Infenion Technologies (Germany), NXP Semiconductor (Netherlands), HELLA GmbH & Co. (Germany), Valeo (France), CTS Corporation (U.S.), Renesas Electronics Corporation (Japan), ZF Friedrichshafen AG (Germany), Delphi Technologies (U.K.), PCB Piezotronics Inc. (U.S.)., STMicroelectronics N.V. (Switzerland), and TE Connectivity (Switzerland) among others.

    To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/automotive-powertrain-sensors-market-5155/

    SCOPE

    Automotive Powertrain Sensors Market, by Sensor Type

    Temperature Sensors
    Thermocouple
    Thermistor
    Silicon
    Position Sensors
    Capacitive
    Inductive
    Magnetic
    Exhaust Sensors
    Lambda/Oxygen Sensors
    Nitrogen Sensors
    Soot Sensors
    Ammonia Sensors
    Pressure Sensors
    Fluid Concentration Sensors
    Knock Sensors
    Speed Sensors
    Torque Sensors
    Current Sensors
    Voltage Sensors

    Automotive Powertrain Sensors Market, by Powertrain Subsystem

    Engine Management Sensors
    Pressure Sensors
    Fluid Concentration Sensors
    Position Sensors
    Temperature Sensors
    Exhaust Sensors
    Knock Sensors
    Transmission Management Sensors
    Speed Sensors
    Position Sensors
    Temperature Sensors
    Pressure Sensors
    Power Steering Sensors
    Torque Sensors
    Speed Sensors
    Position Sensors
    Temperature Sensors

    Automotive Powertrain Sensors Market, by Vehicle Type

    Internal Combustion Engine
    Passenger
    Pressure Sensors
    Position Sensors
    Temperature Sensors
    Exhaust Sensors
    Speed Sensors
    Others
    Light Commercial Vehicle
    Pressure Sensors
    Position Sensors
    Temperature Sensors
    Exhaust Sensors
    Speed Sensors
    Others
    Heavy Commercial Vehicle
    Pressure Sensors
    Position Sensors
    Temperature Sensors
    Exhaust Sensors
    Speed Sensors
    Others
    Electric Vehicle
    Battery Electric Vehicle
    Speed Sensors
    Torque Sensors
    Current Sensors
    Voltage Sensors
    Position Sensors
    Temperature Sensors
    Fuel Cell Electric Vehicle
    Speed Sensors
    Torque Sensors
    Current Sensors
    Voltage Sensors
    Position Sensors
    Temperature Sensors
    Plug-in Hybrid Electric Vehicle
    Speed Sensors
    Torque Sensors
    Current Sensors
    Voltage Sensors
    Position Sensors
    Temperature Sensors
    Hybrid Electric Vehicle
    Speed Sensors
    Torque Sensors
    Current Sensors
    Voltage Sensors
    Position Sensors
    Temperature Sensors

    Automotive Powertrain Sensors Market, by Geography

    North America
    U.S.
    Canada
    Europe
    Germany
    U.K.
    France
    Italy
    Spain
    Russia & CIS
    Rest of Europe
    Asia-Pacific (APAC)
    Japan
    China
    South Korea
    India
    Thailand
    Rest of Asia-Pacific (RoAPAC)
    Latin America
    Middle East and Africa

    Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5155

    Meticulous Research

    chhagan yadav

    +91 744-7780008

    chhagan.y@meticulousresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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