Exhaust Sensors Market - Evolution in Industrial Sector has Propelled Market Growth

One of the most critical issues for governments around the world is Automobile Pollution. Nitrogen oxide and carbon monoxide are the major gasses that are causing the air pollution. This has led to increased health and environmental concerns. Significant technological research and development is being done for reducing emissions of nitrogen oxide and carbon monoxide. This has led to the use of exhaust sensors to control and monitor emissions from vehicles. Almost all types of automobiles from HCVs to passenger cars use exhaust sensors. O2 sensors are most widely used automobile sensors.

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Increasing use of diesel engine vehicles is the key driver for the growth of exhaust sensors market as diesel engines release more particulate matter than gasoline engines. This has a negative impact on health of people and environment leading to increasing demand for exhaust sensors, diesel particulate filters, and exhaust gas recirculation. Low cost and efficiency of diesel are the factors which are increasing sales of diesel automobiles across the world.

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Another major driver for the exhaust sensors market is the government regulations on emission. Growing auto sales due to increased automobile sales is another factor leading to growth of exhaust sensors market. Rise in electronic content in automobiles is also driving the growth of exhaust sensors market.

Increasing trend of IC miniaturization is one of the factors augmenting the growth of exhaust sensors market. Deployment of safety systems like ADAS (advanced driver assistance systems) and AEB (auto emergency braking) will lead to the growth of the exhaust sensors market.

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