Press release
Automotive Temperature Sensor Market Analysis With Key Players, Applications, Trends And Forecast To 2032
Automotive Temperature Sensor Market
The Business Research Company's Automotive Temperature Sensor Global Market Report 2023 identifies prevalence of autonomous vehicles as the major driver for the Automotive Temperature Sensor market's growth in the forecast period. An autonomous vehicle refers to a motor vehicle that operates without the support of human effort to drive on the road. Automatic vehicles use temperature sensors to keep a measure of vehicle engine temperatures and accordingly switch on the cooling fans to maintain an optimally required engine temperature. This helps to increase the vehicle's performance.
The global automotive temperature sensor market size grew from $9.08 billion in 2022 to $9.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive temperature sensor market size is expected to grow to $11.84 billion in 2027 at a CAGR of 5.2%.
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Major competitors in the Automotive Temperature Sensor market are Continental AG, Panasonic Holdings Corporation, Sensata Technologies Holding plc, NXP Semiconductors NV, Analog Devices Inc., Microchip Technology Inc., TE Connectivity Ltd., Rohm Semiconductor, Murata Manufacturing Co Ltd., ZF Friedrichshafen AG, Amphenol Corporation, Denso Corporation, Locon Sensor Systems Inc., MTI Industrial Sensors, and Temperature Specialists Inc
A key trend in the Automotive Temperature Sensor market includes Rapid advancements in technology. Major companies operating in the automotive temperature sensor sector are focused on technological advancements to lead the market
Read More On The Global Automotive Temperature Sensor Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-temperature-sensor-global-market-report
The Automotive Temperature Sensor market is segmented -
1) By Product Type: Thermistor, Resistance Temperature Detector, Thermocouple, IC Temperature Sensor, Mems Temperature Sensor, Infrared Sensor
2) By Technology: Contact, Non-Contact
3) By Usage: Gas, Liquid, Air
4) By Vehicle: Passenger Cars, Commercial Vehicle
5) By Application: Engine, Transmission, HVAC, Exhaust, Thermal Seats
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Temperature Sensor market.
The Business Research Company's "Global Automotive Temperature Sensor Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automotive Temperature Sensor Market Include:
1. Executive Summary
2. Automotive Temperature Sensor Market Characteristics
3. Automotive Temperature Sensor Market Trends And Strategies
4. Automotive Temperature Sensor Market - Macro Economic Scenario
5. Automotive Temperature Sensor Market Size And Growth
.......
26. Africa Automotive Temperature Sensor Market
27. Automotive Temperature Sensor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Temperature Sensor Market
29. Automotive Temperature Sensor Market Future Outlook and Potential Analysis
30. Appendix
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