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Automotive Exhaust Gas Sensors Market Size and Growth Analysis to 2025 | Leading Players-Denso Corporation, Robert Bosch GmbH, Sensata Technologies Continental AG, Delphi Automotive PLC, Broadcom Corporation, ABB Group, Emerson Electric Company, Faurecia,
Automotive Exhaust Gas Sensors Market
The automotive gas exhaust sensors control vehicle emissions and measure the temperature of the exhaust gases monitored by the engine control unit, which helps to avoid damage to the components of the cars. These sensors are increasingly important in modern automobiles because they can protect the components of the hot exhaust stream from overheating. There are different types of exhaust sensors that perform different functions. The number of O2 sensors is increasing in a vehicle due to the introduction of on-board diagnostics and the ability of these sensors to reduce emissions, improve fuel efficiency and maintain maximum engine performance.
Browse details of research report developed on Global Automotive Exhaust Gas Sensors Market @ https://www.researchcosmos.com/reports/global-automotive-exhaust-gas-sensors-market-research-report-2018/17826403
Automotive Exhaust Gas Sensors Market Drivers and Restraints:
One of the main trends observed in the global market of automobile exhaust sensors is an increase in the adoption of MEMS sensors, a miniaturized version of traditional integrated circuits produced by microfabrication technology. Leading sensor manufacturers are increasing their investments in research and development to develop advanced microfabrication technologies that would contribute to the generation of overall market revenue from automotive exhaust sensors.
The global market is strongly influenced by the overall growth of the automotive industry. In addition, the increase in fuel consumption requirements and stringent vehicle emission standards are gradually increasing the growth of the global car exhaust sensor market. The implications of strict traffic regulations, in several countries around the world which requires the installation of exhaust sensors in cars to control air pollution is significantly stimulating market growth. NOx sensors monitor NOx emissions and play a key role in selective catalytic reduction, helping to meet stringent global emission standards to reduce hazardous greenhouse gases. Therefore, the demand for these sensors is triggered by strict emission standards imposed by governments around the world. The demand for NOx sensors is further driven by the motives of car manufacturers towards the development of engines that reduce the vehicle's fuel consumption.
Automotive Exhaust Gas Sensors Market Geographic Insights:
The global market for exhaust gas sensors can be classified geographically into North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. Asia Pacific had the largest regional market share in 2016 and is expected to maintain its dominant position during the forecast period. The market for exhaust gas sensors for motor vehicles of APAC is driven by growth in the commercial vehicle market due to increased investment in the industrial sector and infrastructure.
Key Companies of Automotive Exhaust Gas Sensors Market are:
Denso Corporation, Robert Bosch GmbH, Sensata Technologies Continental AG, Delphi Automotive PLC, Broadcom Corporation, ABB Group, Emerson Electric Company, Faurecia, Analog Devices, Inc., Hitachi Automotive Systems, Hyundai KEFICO Tenneco Inc., and NGK Spark Plug Co., Ltd.
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