Exhaust Sensors for Automotive Market Size, Business Overview, Challenges, Opportunities, Trends and Market Analysis and Forecast To 2023

Key Players

The key players identified by MRFR in the global Exhaust Sensors for Automotive Market Size, include Delphi Co. (India), Continental AG (Germany),Denso Corporation (Japan), Hitachi Ltd (Japan), Hella KGAA Hueck & Co. (Germany), Infineon Technologies AG (Germany), Robert Bosch GmbH (Germany), Sensata Technologies Holding NV (USA), NGK Spark Plug Co. Ltd (Japan), and Stoneridge Inc (USA).

Segmental Analysis

The global Exhaust Sensors for Automotive Market Size, has been segmented based on the sensors, fuel, and vehicle. ON the basis of fuel, the Exhaust Sensors for Automotive Market Size, has segmented into gasoline and diesel. Based on the sensors, the market has been segmented into exhaust temperature & pressure, engine coolant temperature, MAP/MAF sensors, O2, NOX, and particulate matter. By the vehicle type, the market has been segmented into heavy commercial vehicle (HCV), light commercial vehicle (LCV), and passenger car.

Regional Analysis

Regionally, the global exhaust sensors for automotive market has been segmented into North America, Asia Pacific, Europe, and the rest of the world.

The European region is also one of the significant regions in the global Exhaust Sensors for Automotive Market Size, and is expected to record a substantial market share over the review period. This market is expected to grow at a steady CAGR owing to the automotive industry in the region, which has reached a stage of maturity in terms of market growth. Moreover, the increasing government initiatives to reduce emission rates in the region are also expected to influence the demand for exhaust sensors positively over the review period. Established economies such as Germany, France, and the U.K., among others, are expected to grow as major contributors towards the Exhaust Sensors for Automotive Market Size, share acquired in Europe over the review period.

The Asia Pacific is likely to account for the fastest-growing region in the global Exhaust Sensors for Automotive Market Size, and is also expected to record a notable market share over the review period. This is attributed to the booming automotive industry in the region, driven by the massive demand for passenger vehicles in emerging economies such as India, China, Japan, among others. The population overgrowth in these countries along with changing economic dynamics has strengthened the automotive industry, subsequently driving the demand in the exhaust sensor market over the review period.

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