Press release
Automotive Temperature Sensor Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Automotive Temperature Sensor
What Is the Expected Automotive Temperature Sensor Market Size During the Forecast Period?
In recent times, the market size of automotive temperature sensors has seen substantial growth. Components such as electronic devices becoming more prevalent in vehicles, emphasis on energy efficiency and emission reduction, improvements in automotive safety regulations, rising consumer demand for features such as comfort and convenience, and expansion of the electric vehicle market, all have contributed to its growth. The market is expected to expand from $9.47 billion in 2024 to $9.78 billion in 2025, projecting a compound annual growth rate (CAGR) of 3.3%.
In the upcoming years, robust growth is anticipated in the automotive temperature sensor market, which is projected to increase to $13.07 billion by 2029, at a compound annual growth rate (CAGR) of 7.5%. This predicted growth over the forecast period can be credited to the incorporation of temperature sensors in self-driving cars, increasing requirement for electric and hybrid vehicles, focus on improving in-vehicle comfort and climate control systems, heightened application of advanced driver assistance systems (ADAS), and the broadening usage of internet of things (IoT) in automotive utilities. Notable market trends in this period include the downsizing of temperature sensor elements, the shift towards micro-electro-mechanical systems (MEMS) technology, the creation of smart temperature sensing solutions, a rising trend of using temperature sensors in the management of powertrain and the incorporation of temperature monitoring in connected car platforms.
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What Are the High-Growth Segments in the Automotive Temperature Sensor Market?
The automotive temperature sensor market covered in this report 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
Subsegments:
1) By Thermistor: NTC (Negative Temperature Coefficient) Thermistors, PTC (Positive Temperature Coefficient) Thermistors
2) By Resistance Temperature Detector (RTD): Thin Film RTDs, Wire-Wound RTDs
3) By Thermocouple: Type K Thermocouples, Type J Thermocouples, Type T Thermocouples, Type E Thermocouples
4) By IC Temperature Sensor: Analog IC Temperature Sensors, Digital IC Temperature Sensors
5) By MEMS Temperature Sensor: Integrated MEMS Sensors, Standalone MEMS Sensors
6) By Infrared Sensor: Non-Contact Infrared Sensors, Pyroelectric Infrared Sensors
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What Key Drivers Are Expected to Influence Future Automotive Temperature Sensor Market Growth?
The surge in the number of self-driving vehicles is likely to fuel the expansion of the automotive temperature sensor market in the future. Autonomous vehicles - which are essentially motor vehicles that run without human intervention on roads - make use of temperature sensors to gauge the heat levels of the vehicle's engine. Based on this, the cooling fans are activated to preserve an ideal engine temperature, leading to enhanced vehicle effectiveness. For instance, as per a report issued by the Insurance Institute for Highway Safety - a non-profit organization based in the US - in December 2022, there is a forecast estimating about 3.5 million autonomous vehicles on American roads by 2025. Furthermore, there is an expectation of about 4.5 million self-driving vehicles being on the road by 2030. Consequently, the surge in the use of autonomous vehicles is stimulating the growth of the automotive temperature sensor market.
Which Companies Hold the Largest Share Across Different Automotive Temperature Sensor Market Segments?
Major companies operating in the automotive temperature sensor market include 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, Temperature Specialists Inc, Robert Bosch GmbH, Texas Instruments Incorporated, Siemens AG, Honeywell International Inc., Asea Brown Boveri Ltd., Endress+Hauser Management AG, Maxim Integrated, Emerson Electric Co., Tokyo Denki Kagaku Corporation, Infineon Technologies AG, Kongsberg Gruppen, Delphi Technologies, Automotive Electronics Council (AEC), Semiconductor Components Industries LLC, Melexis NV
What Trends Are Driving Growth in The Automotive Temperature Sensor Market?
The rise of technological breakthroughs has become a prominent trend in the automotive temperature sensor market. Leading corporations in this sector are prioritizing technology enhancement to achieve market dominance. For example, in May 2022, Continental, an automotive parts producer based in Germany, introduced two new sensors - the Current Sensor Module (CSM) and the Battery Impact Detection (BID) system, aimed at electrified vehicles. The CSM is a sensor equipped with two channels, incorporating both shunt and hall technologies. This sensor can record temperatures ranging from -40 °C to 125 °C.
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What Are the Emerging Geographies for The Automotive Temperature Sensor Market Growth?
Asia-Pacific was the largest region in the automotive temperature sensor market in 2024.Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive temperature sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Temperature Sensor Market?
2. What is the CAGR expected in the Automotive Temperature Sensor Market?
3. What Are the Key Innovations Transforming the Automotive Temperature Sensor Industry?
4. Which Region Is Leading the Automotive Temperature Sensor Market?
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