Press release
Global Automotive Exhaust Sensor Market Projected to Experience Major Revenue Boost during the Period between 2017 - 2026 | Key Players - Sejong Industrial Co., Harbin Airui Automotive Exhaust Systems Co. , Bosal International N.V., SANGO Co., Yutaka Gike
Request 100 Page Sample Report Now: https://www.factmr.com/connectus/sample?flag=S&rep_id=474
Miniaturization of integrated circuits has been providing a boost to the development of the automotive exhaust sensors since the recent past. Demand for microelectromechanical system (MEMS) sensors, miniaturized form of the conventional ICs that are manufactured with the aid of microfabrication technology, has been witnessing a substantial surge. Adoption of microfabrication technology enhances the accuracy and reliability of automotive exhaust sensors, meanwhile improving their efficiency, communication capabilities, response time, and robustness. Additionally, a large number of automotive exhaust sensor manufacturers are making enormous investments in research & development activities for coming up with better microfabrication technologies, which in turn will help them in boosting their revenue generation.
6 Key Projections on Future of Automotive Exhaust Sensor Market for Forecast Period 2017-2026 (In Terms of Volume)
Automotive exhaust sensors are expected to exhibit the largest sales in North America, trailed by Europe and Asia-Pacific excluding Japan (APEJ). However, sales of automotive exhaust sensors in Europe will increase at a relatively higher CAGR than that in APEJ and North America through 2026.
Middle East & Africa and Latin America are anticipated to remain the fast-expanding markets for automotive exhaust sensor. In contrast, the market in Japan will exhibit a sluggish expansion through 2026.
Automotive exhaust sensors are likely to witness huge demand from passenger cars and heavy commercial vehicles, with sales in these two vehicle type segments collectively estimated to exceed 120,000,000 units by 2026-end.
Not much difference in CAGRs is expected regarding sales of automotive exhaust sensors in passenger cars, heavy commercial vehicles and light commercials vehicles, with light commercial vehicles projected to exhibit the highest CAGR through 2026.
Gasoline will remain the dominant engine type segment in the global automotive exhaust sensor market, with sales forecast to reach approximately 98,000,000 units by 2026-end. However, automotive exhaust sensor sales for use in gasoline engines are likely to reflect a comparatively slower rise than that for use in diesel engine through 2026. Diesel engines will account for roughly 40% market share by 2026-end.
OEMs are expected to spearhead the global automotive exhaust sensor market on the basis of sales channel. Sales of automotive exhaust sensors in OEMs are projected to hold more than half market share during the forecast period. However, OEMs are expected to witness a slight decline in their market share by 2026-end. Aftermarket is expected to emerge as the fast-expanding sales channel for automotive exhaust sensor through 2026.
Request Full Report With TOC: https://www.factmr.com/report/474/automotive-exhaust-sensor-market
Nature of global market for automotive exhaust sensor is highly competitive as well as fragmented in light of numerous international & regional market players worldwide. With international players concentrating on expansion of their market reach, the regional vendors find it challenging in competing against them on the basis of product safety, cost, and quality. Proactive companies profiled by the report, who sustain expansion of the global automotive exhaust sensor market, include Faurecia S.A., Benteler International AG, Yutaka Giken Co., Eberspächer Group, Tenneco Inc., Friedrich Boysen GmbH & Co. KG, Futaba Industrial Co., Ltd., Ltd., Bosal International N.V., SANGO Co., Ltd., Harbin Airui Automotive Exhaust Systems Co. Ltd., and Sejong Industrial Co., Ltd.
Ask Industry Expert about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=474
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive Exhaust Sensor Market Projected to Experience Major Revenue Boost during the Period between 2017 - 2026 | Key Players - Sejong Industrial Co., Harbin Airui Automotive Exhaust Systems Co. , Bosal International N.V., SANGO Co., Yutaka Gike here
News-ID: 1365157 • Views: …
More Releases from Fact.MR
Loader Crane Market Growth to Reach US$ 7,654.4 Million at a CAGR of 4.8% by 203 …
The global loader crane market size is anticipated to be valued at US$ 4,789.6 million in 2024. Projections indicate a steady expansion with a CAGR of 4.8% through 2034. The estimated growth is set to raise the loader crane market to US$ 7,654.4 million by 2034.
The loader crane market is witnessing substantial growth as industries increasingly recognize the efficiency and versatility of these lifting solutions. Loader cranes, mounted on trucks…
Small Engine Market to Surpass US$ 5,951.7 Million, Expanding at 4.3% CAGR by 20 …
The global small engine market is estimated to be valued at US$ 3,906.6 million in 2024. Projections indicate a steady expansion with a CAGR of 4.3% through 2034. Anticipated growth is set to propel the market to an impressive size of US$ 5,951.7 million by 2034. The growing need for sustainable solutions is boosting market demand.
The small engine market comprises engines typically under 25 horsepower used in various applications like…
Torque Sensor Market Size Expected to Hit US$ 15,156.3 Million by 2034, Exhibiti …
The global torque sensor market size is estimated to be valued at US$ 8,601.2 million in 2024 and is anticipated to reach US$ 15,156.3 million by 2034. The demand for torque sensors is likely to rise at a CAGR of 5.8% through 2034. The consistent CAGR underscores a sustained demand for torque sensors across diverse industries, from automotive to industrial automation and renewable energy.
For More Insights into the Market, Request…
Waste Management Equipment Market Size Worth US$ 29,842.2 Million with 4.5% CAGR …
Fact.MR, in its newly published study, says that the global waste management equipment market size is estimated to be US$ 19,216.2 million in 2024. Global demand for waste management equipment is projected to grow at 4.5% CAGR, reaching a market value of US$ 29,842.2 million by the end of 2034.
The waste management equipment market is expected to experience growth opportunities in the coming years, owing to increasing emphasis on recycling,…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
