Press release
Automotive Powertrain Sensors Market Worth $26.47 billion by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®
According to a new market research report titled "Automotive Powertrain Sensors Market By Sensors Type (Temperature, Position, Exhaust, Pressure, Speed, Knock), Powertrain Subsystems (Engine Management, Transmission Management, Power Steering), and Vehicle Type (ICE, EV) - Global Forecast To 2028," published by Meticulous Research®, the automotive powertrain sensors market is expected to grow at a CAGR of 6% from 2021 to 2028 to reach $26.47 billion by 2028. By volume, the automotive powertrain sensors market is expected to reach 5,615.2 million units by 2028, at a CAGR of 8.3% from 2021.Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5155
Powertrain sensors are highly precise electrical sensors used to monitor engine parameters, such as air mass, pressure, & speed, and send these data to electronic control units for optimizing vehicle performance. Powertrain sensors play a significant role in the operation mechanism of the engine, transmission, exhaust, and steering. These sensors effectively monitor and optimize powertrain parameters, such as temperature, pressure, position, and speed. Vehicle efficiency majorly depends on the accuracy, precision, and response time of powertrain sensors. These sensors can effectively detect the soot, NOx, and oxygen levels in the engine exhaust to comply with various emission norms and regulations worldwide. Powertrain sensors play a very important role in producing vehicles that conform to these stringent emission regulations.
Impact of COVID-19 on the Automotive Powertrain Sensors Market
The effect of COVID- 19 has had a wide-scale impact on the daily life of people and has also affected businesses ranging from small to large scale. The impact on the automotive powertrain sensors industry is estimated to be higher due to declining automotive production & sales of new vehicles, disrupted supply chain, and reduction in new investments.
The global demand for automotive powertrain sensors witnessed a significant decline due to the shutdown of various automobile manufacturing facilities across the globe. The decreased export of motor vehicles coupled with declining consumer buying power due to economic downfall induced by the pandemic severely affected the automotive sensors market in general. The pandemic also has an adverse effect on the automotive supply chain due to lockdowns prevailed in many regions worldwide. The supply chain of the powertrain sensor industry faces a lack of raw material, shift of manufacturing facilities to other countries, cash crisis, and declined customer demand.
The automotive powertrain sensors market is facing a significant downfall due to the low demand for automotive and disrupted supply chain, and the market is expected to be negatively impacted due to the COVID-19 pandemic. Manufacturing activities will gradually emerge once the situation begins to normalize and hence the adoption of automotive powertrain sensors, but is unlikely to be enough to compensate for the previous loss.
Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5155
Lack of Harmonization in System Integration
The number of sensors in powertrain monitoring and diagnosis applications is increasing due to stringent fuel economy and emission regulations and the rising adoption of hybrid powertrains. However, there is a huge drawback in their adoption and integration with other components due to the lack of standards among different sensor manufacturers. Additionally, sensors generate tons of data, and the processing power of on-board computers in automotive is very limited. Automotive manufacturers face integration problems with sensors sourced from different manufacturers.
Moreover, sensors must be strategically positioned to feedback information on the vehicle's powertrain performance. If not chosen correctly, the wrong working conditions and data loss can severely damage the sensor's performance leading to reduced sensitivity, less accuracy, or wrong position reading. Additionally, power consumption in the sensor is a key challenge. All the powertrain and driver assistance sensors can consume up to 100 W to 200 W and generate 4 g of CO2. These factors are increasingly becoming challenging for the growth of powertrain sensors during the forecast period.
To provide efficient analysis, Meticulous Research® has segmented the overall automotive powertrain sensors market based on sensor type (temperature, position, exhaust, pressure, speed, knock, and others), powertrain subsystems (engine management, transmission management, and power steering), vehicle type (ICE and EV), and geography (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa).
Based on sensor type, the overall automotive powertrain sensors market is segmented into temperature sensors, position sensors, exhaust sensors, pressure sensors, fluid concentration sensors, knock sensors, speed sensors, torque sensors, current sensors, and voltage sensors. The current sensors segment is projected to grow at the highest CAGR during the forecast period. This segment's rapid growth is mainly attributed to the rising adoption of electric & hybrid vehicles and government support & subsidies for manufacturing & sales of electric vehicles.
Based on powertrain subsystem, the automotive powertrain sensors market is segmented into engine management sensors, transmission management sensors, and power steering sensors. The engine management segment is projected to account for the largest share of the automotive powertrain sensors market in 2021. However, the transmission management segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the growing adoption of hybrid and plug-in hybrid electric vehicles requiring multiple sensors to measure torque, the position of gears, and power delivery.
Based on vehicle type, the automotive powertrain sensors market is segmented into internal combustion engine vehicles, electric vehicles, and hybrid vehicles. The internal combustion engine vehicles segment is poised to command the largest share of the market in 2021. The OEMs worldwide are increasingly trying to track and monitor every aspect of the engine to make them more fuel-efficient and ensure lower emissions, due to which automotive powertrain sensors for internal combustion engines will dominate the market during the forecast period. However, the electric vehicles segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the adoption of electric vehicles due to increasing government efforts and subsidies worldwide for manufacturing and sale of electric vehicles and reduce the dependence of transportation on gasoline and diesel vehicles.
Quick Buy - Automotive Powertrain Sensors Market Research Report: https://www.meticulousresearch.com/Checkout/45119287
Geographically, the global automotive powertrain sensors market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region is estimated to account for the largest share of the global automotive powertrain sensors market in 2021, followed by Europe, North America, Latin America, and the Middle East & Africa. The region is also expected to record the highest CAGR during the forecast period. The factors contributing to the rapid growth of this regional market are elevated demand for automobiles in the APAC region; high production of automobiles driven by huge demand from economies such as China, India, and Japan; upgradation of powertrain systems due to rising consumer awareness regarding environmental effects of automotive emissions; and increasing infrastructural developments in India and Southeast Asian countries.
The COVID-19 outbreak occurred in Wuhan, China, one of the largest automotive manufacturing hubs globally. Global automotive manufacturers, such as Honda, Nissan, Peugeot Group, as well as hundreds of auto parts suppliers have their manufacturing facilities in China. Approximately 80% of automotive production worldwide contains Chinese parts. Hence, the nationwide lockdown imposed in China resulted in disruption in the supply chain and severe parts shortage. The virus-related lockdown led to a loss of 1.7 million vehicle production units and an approximately 40% decline in new vehicle sales in China. This negatively impacted the powertrain sensors market in China since the demand from automotive OEM manufacturers steeply declined due to the pandemic.
However, the demand for powertrain sensors started to rebound in the second half of 2020, majorly due to the restart of production in China. In April 2020, the sales of passenger vehicles in China grew by 4.4% to 2.1 million units, approximately equal to the pre-COVID-19 level. The major factor which attributed to the growth of automotive demand from China is the increasing demand of high-end passenger vehicle segment, significant control over the spread of coronavirus in the later months of 2020, and significant investment by the foreign automakers in China to compensate for the weaker sales in rest of the world. These factors are supporting the growth of the powertrain sensors market in China during the forecast period.
The global automotive powertrain sensors market is dominated by the top five players, namely, ZF Friedrichshafen AG (Germany), Denso Corporation (Japan), Renesas Electronics Corporation (Japan), Valeo (France), and STMicroelectronics N.V. (Switzerland). Other key players operating in the automotive powertrain sensors market are HELLA GmbH & Co. KGaA (Germany), TE Connectivity (Switzerland), Mitsubishi Electric Corporation (Japan), Infineon Technologies AG (Germany), CTS Corporation (U.S.), Delphi Technologies (U.K.), NXP Semiconductor N.V.(Netherlands), Robert Bosch GmbH (Germany), Texas Instruments (U.S.), and PCB Piezotronics Inc. (U.S.). These players continuously focus on new product development & launches and mergers & acquisitions to increase their respective market shares.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/automotive-powertrain-sensors-market-5155/
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
ABOUT / Portrait of the company - We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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 Automotive Powertrain Sensors Market Worth $26.47 billion by 2028 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research® here
News-ID: 2646624 • Views: …
More Releases from Meticulous Research®

Direct Air Capture Market: Transforming Carbon Removal for a Net-Zero Future
Introduction
The global Direct Air Capture (DAC) market has entered a period of rapid transformation as nations, industries, and corporations intensify their efforts to achieve net-zero emissions. Valued at $136.5 million in 2024, the market is projected to grow significantly, reaching approximately $6.93 billion by 2035. This expansion, driven by a remarkable compound annual growth rate (CAGR) of 43.3% between 2025 and 2035, highlights the growing importance of DAC technologies in…

European Direct-to-Consumer Genetic Testing Market Outlook 2025-2035
Introduction
The European direct-to-consumer (DTC) genetic testing market is expanding at a remarkable pace, reflecting rising consumer interest in personalized healthcare and genetic insights. Valued at $464 million in 2025, the market is projected to grow at a compound annual growth rate (CAGR) of 23.3%, reaching nearly $3.78 billion by 2035. This growth underscores how advances in genomic sequencing, combined with increasing health awareness, are reshaping the healthcare and wellness landscape…

Peer-to-Peer Energy Trading Platforms Market Outlook 2025-2035
Introduction
The global peer-to-peer (P2P) energy trading platforms market is undergoing rapid transformation as new technologies reshape how energy is generated, distributed, and traded. Valued at $138 million in 2024, the market is projected to grow significantly, reaching nearly $2.34 billion by 2035. This growth, at a compound annual growth rate (CAGR) of 29.7% from 2025 to 2035, highlights the increasing adoption of decentralized energy solutions and digital platforms that empower…

Dermoscopy and Skin Visualization Devices Market Outlook to 2035
Introduction
The global dermoscopy and skin visualization devices market is entering a phase of rapid transformation, driven by the increasing need for early detection of skin conditions and the rising incidence of skin cancer worldwide. Valued at $1.33 billion in 2024, the market is expected to reach nearly $3.3 billion by 2035, expanding from an estimated $1.43 billion in 2025 at a compound annual growth rate (CAGR) of 8.7% during the…
More Releases for Power
Thermal power Market is Gaining Momentum with Enel, TATA Power, Reliance Power
The Latest Released Thermal power market study has evaluated the future growth potential of Thermal power market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges,…
Japan Power Market Outlook to 2030, Update 2018 – The Kansai Electric Power, C …
Japan Power Market
This report elaborates Japan's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the Japanese power market's regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. The report also gives a snapshot of the power sector in Japan on broad parameters of macroeconomics, supply security, generation…
Global Power Rental Market Insight Report 2018 - Rental Power Solutions, Power E …
The global "Power Rental" Market research report gives point to point breakdown along with the data of Power Rental market’s analytical study, regional analysis, growth factors and leading companies. The research report about the market provides the data about the aspects which drive the expansion of Power Rental industry. The Power Rental market consists of large key companies who play a vital role in the production, manufacturing, sales and distribution…
Japan: Geothermal Power Market Power Plants, Regulations and Company Profiles 20 …
"Geothermal Power in Japan, Market Outlook to 2030, Update 2018-Capacity, Generation, Power Plants, Regulations and Company Profiles", is the latest report from Publisher, the industry analysis specialists that offer comprehensive information and understanding of the Geothermal market in Japan.
The report provides an in-depth analysis on global renewable power market and global Geothermal market with forecasts up to 2030. The report analyzes the power market scenario in Japan (includes conventional Hydro,…
Fluid Power Systems Market SWOT Analysis by Key Players: Parker, Eaton, Tokyo Ke …
QY Research has lately published a new report on “Global Fluid Power Systems Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.
The Fluid Power Systems market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered…
New research on Medical Power Supply Market To 2022 Profiling SL Power Electroni …
This Global Medical Power Supply market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this…