Global Automotive Air Flow Meter Market Trends, Size 2020 Study And Analysis Research Report Forecast To 2025
Market research future published research report on global automotive air flow meter market. The global automotive air flow meter market is expected to grow at 8% CAGR during the period 2017 to 2023.
Market Highlights:
Increasing need for integrated electronics systems in automotive industry, has led to the enhancement in technology of automotive electronics market keeping the comfort, safety and security features on the top of the priority list. Components such as air flow meter, fuel meter, emission regulation system provides vital information to the driver, which helps them track fuel consumption and maintain engine efficiency. An auto engine needs to meet the accurate blend of air and fuel so that the vehicle carburetor and catalyst are entirely operative. This is important for the vehicle carburetor and the catalyst to convert particulate emissions in the exhaust into harmless gases.
The global automotive air flow meter market is segmented according to vehicle type as, heavy duty and light duty vehicle. Light duty vehicles are expected to hold the largest share of the market, owing to higher volume of light duty vehicles manufactured than heavy duty vehicle. The global automotive air flow meter is segmented by sale channel as aftersales market and original equipment market (OEM). Original equipment market (OEM) segment is expected to hold the largest share of the market, owing to the increase in the production of air flow meter by the original equipment market. The global automotive air flow meter is segmented by display type as analog type and digital type. Digital type is expected to hold the largest share of the market, owing to the increase in the number of applications of digital processing units in automotive sector.
The significant growth of air flow meter is majorly driven by the growing automotive industry with increased demand for precision and robustness of air flow. Increasing global concern for the exhaust emission and fuel economy is ensuing in the increased demand for durable and better efficient air flow meter. However, high manufacturing cost of the air flow meter, may hinder the growth of automotive air flow meter market.
The global automotive air flow meter market is expected to grow at ~ 8% CAGR during the forecast period.
Light duty vehicle type, expected to grow at the highest CAGR
Light duty vehicle will dominate the automotive air flow meter market. The significant rise in production of light duty vehicle across the globe, with the development of multibillion dollar logistics and transportation industry, will be the major driver for the growth of light duty vehicle in automotive air flow meter market. Light duty vehicles are more fuel economic and are less expensive. Thus a significant growth will be observed during the forecast period for light duty vehicle in global automotive air flow meter market.
Scope of the Report
This study provides an overview of the global automotive air flow meter market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive air flow meter market by its vehicle type, by sales channel, by display type and by region.
By Vehicle Type
- Heavy Duty Vehicle
- Light Duty Vehicle
- By Sales Channel
- Aftersales Market
- Original Equipment Market (OEM)
By Display Type
- Analog Type
- Digital Type
By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World
Key Players:
The key players of global automotive air flow meter market are Denso Corporation (Japan), Robert Bosch GmbH (Germany), Festo AG & Co. KG (Germany), Hitachi, Ltd. (Japan), Delphi Automotive PLC (U.K), ACDelco (U.S), Mitsubishi Motors Corporation (Japan), K&N Engineering, Inc. (U.S), Nissan Motor Co., Ltd. (Japan) and FLIR Systems (U.S).