Automotive Electronics Sensor Market 2020 Size, Share, Latest Technology, Industry Trends, Growth Factors, Demands, Opportunities, Key Players Analysis, Regional Forecast To 2025

Market Research Future (MRFR), in its latest “Automotive Electronics Sensor Aftermarket Market” report, states various factors that can support the expansion of the market. Growth impellers and contributions of key players towards for the market. MRFR states that the global automotive electronics sensor aftermarket is likely to expand at 4.15% CAGR in the forecast period.

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The global automotive electronics sensor aftermarket is observed to hold great potential to achieve substantial valuation on the conclusion of the review period. The rise in sales figure of vehicles that has sensors to measure tire pressure, and intelligent monitoring system that can improve engine control, engine control, fuel efficiency, and vehicle safety can bolster the expansion of the automotive electronics sensor aftermarket growth. Government regulations concerning vehicle safety and emission are encouraging the incorporation of electronic sensors in modern cars models that have effective and smart engine emission solutions and advanced driver assistance system. These are factors that are expected to prompt the expansion of the global automotive electronics sensor aftermarket.

Market Segments

The automotive electronics sensor aftermarket market study is based on type, vehicle type, and application. The type-based segments of the automotive electronics sensor aftermarket are LiDAR sensor, oxygen sensor, position sensor, temperature sensor, speed sensor, pressure sensor, and others. The upscaling demand for oxygen sensors can boost the expansion of the global market. The rise in awareness about benefits of oxygen sensor, such as reduced exhaust emissions from vehicles and improved fuel efficiency can spurt the expansion of the global market.

The application-based segments of the automotive electronics sensor aftermarket are body electronics, powertrain, telematics, safety & control, and others. The growing utilities of powertrain segment can win high profits for the market. Increased powertrain ECUs and rise in the need for predictions control based on the real-time execution of compounded mathematical models.

The vehicle type-based segments of the global automotive electronics sensor aftermarket market are light commercial vehicle, passenger car, and heavy commercial vehicle. The expansion of global population base resulting in the need for passenger cars can impel the expansion of the market. The passenger car segment can spur the expansion of the significantly to the market growth. The increased use of sensors in passenger cars can impel the expansion of the market.

Regional Analysis

Asia Pacific automotive electronics sensor aftermarket can secure the pole position. The US is observed to hold several growth pockets for the expansion of the regional market. The availability of effective automotive electronics sensor aftermarket services and the rise in sales of automobiles can shore up the expansion of the regional market. Asia Pacific automotive electronics sensor aftermarket market is emerging. The utility of automotive electric sensors in electric vehicle, such as body electronics, powertrain & chassis, security, and vehicle safety are expected to impel the expansion of the regional market in the years to come. In APAC, the alarming rate of pollution is expected to prompt the need for electric vehicles. China being the lead producer of automobile can encourage the expansion of the regional market. Europe automotive electronics sensor aftermarket expansion can be attributed to the rise in need for electric vehicles.

Key Competitors

MRFR profiles eminent players of the automotive electronics sensor aftermarket. They are; NGK Spark Plug CO., LTD (Japan), Standard Motor Products, Inc. (US), Robert Bosch GmbH (Germany), BorgWarner Inc. (US), Valeo (France), Delphi Technologies (UK), Denso Corporation (Japan), Continental AG (Germany), Dorman Products (US), Hella GmbH & Co. KGaA (Germany) and Sensata Technologies, Inc. (US). The growing competition among automotive electronics sensor aftermarket dealers can favor the market.

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List Of Table:

TABLE 1 MARKET SYNOPSIS 18

TABLE 2 LIST OF ASSUMPTIONS 24

TABLE 3 MAJOR PATENTS GRANTED FOR AUTOMOTIVE ELECTRONICS SENSOR (12 MARCH 2014–12 MARCH 2019) 43

TABLE 4 GLOBAL AUTOMOTIVE ELECTRONICS SENSOR AFTERMARKET, BY TYPE, 2017–2025 (USD THOUSAND) 47

TABLE 5 GLOBAL AUTOMOTIVE ELECTRONICS SENSOR AFTERMARKET, BY TYPE, 2017–2025 (THOUSAND UNITS) 48

TABLE 6 GLOBAL AUTOMOTIVE ELECTRONICS SENSOR AFTERMARKET, BY APPLICATION, 2017–2025 (USD THOUSAND) 51

TABLE 7 GLOBAL AUTOMOTIVE ELECTRONICS SENSOR AFTERMARKET, BY APPLICATION, 2017–2025 (THOUSAND UNITS) 52

TABLE 8 GLOBAL AUTOMOTIVE ELECTRONICS SENSOR AFTERMARKET, BY VEHICLE TYPE, 2017–2025 (USD THOUSAND) 54

TABLE 9 GLOBAL AUTOMOTIVE ELECTRONICS SENSOR AFTERMARKET, BY VEHICLE TYPE, 2017–2025 (THOUSAND UNITS) 55

TABLE 10 GLOBAL AUTOMOTIVE ELECTRONICS SENSOR AFTERMARKET, BY REGION, 2017–2025 (USD THOUSAND) 56

TABLE 11 GLOBAL AUTOMOTIVE ELECTRONICS SENSOR AFTERMARKET, BY REGION, 2017–2025 (THOUSAND UNITS) 57

TABLE 12 NORTH AMERICA: AUTOMOTIVE ELECTRONICS SENSOR AFTERMARKET, BY COUNTRY, 2017–2025 (USD THOUSAND) 58

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