Press release
Automotive Oxygen Sensor Market to Surpass $11.67 Billion by 2029 | Key Trends & Insights
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.How Will the Automotive Oxygen Sensor Market Grow by 2025 in Terms of Size and Growth?
In recent times, there has been a significant rise in the market size of automotive oxygen sensors. The worth, projected at $8.44 billion in 2024, is expected to further escalate to $8.99 billion in 2025, expanding at a Compound Annual Growth Rate (CAGR) of 6.5%. Factors contributing to this growth during the historic period include an enhanced focus on fuel efficiency, rising consumer consciousness, expansion of the automotive manufacturing sector, the proliferation of diesel engines, and strategic partnerships and collaborations.
What Are the Estimated Growth Rates for the Automotive Oxygen Sensor Industry Through 2029?
In the coming years, the automotive oxygen sensor market is anticipated to experience significant growth, with its value rising to $11.67 billion in 2029 at a CAGR of 6.7%. This estimated growth can be attributed to several factors such as increased production of hybrid vehicles, the emergence of autonomous vehicles, adoption of Internet of Things (IoT) and artificial intelligence (AI) technology, emphasis on vehicle health monitoring, and environmental sustainability measures. The forecast period will see trends such as a surge in adoption of wideband oxygen sensors, advancements in sensor materials and production, the shift towards combined sensor solutions, expansion in the commercial vehicle sector, and consumer preference for more environmentally friendly technologies.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/automotive-oxygen-sensor-global-market-report
What Are the Strategic Drivers Boosting Automotive Oxygen Sensor Market Performance?
The escalation in the production of vehicles is anticipated to spur the expansion of the automotive oxygen sensor market in the future. This augmentation in vehicle production is largely triggered by the rising global requirement for transportation and economic progress. Auto oxygen sensors, key elements in vehicle manufacturing, are used to keep a check on and enhance fuel efficiency and control emissions. The European Automobile Manufacturers Association, an auto manufacturers association based in Belgium, reported in May 2023 that in 2022, the global production of motor vehicles surged to 85.4 million units, signifying a remarkable growth of 5.7%, compared to 2021. Consequently, the burgeoning production of vehicles is propelling the automotive oxygen sensor market's growth.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16608&type=smp
What Are the Segments in the Automotive Oxygen Sensor Market?
The automotive oxygen sensor market covered in this report is segmented -
1) By Product Type: Binary Exhaust Gas Oxygen Sensors, Universal Exhaust Gas Oxygen Sensors
2) By Design Type: Ginger, Planar
3) By Sales Channel: Original Equipment Manufacturer (OEM), Original Equipment Supplier (OES), Independent Automotive Supplier (IAS)
4) By Application: Gasoline Fueled Vehicle, Diesel-Fueled Vehicle
5) By End Use: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle
Subsegments:
1) By Binary Exhaust Gas Oxygen Sensors: Zirconia-Based Binary Oxygen Sensors, Titania-Based Binary Oxygen Sensors, Narrowband Binary Oxygen Sensors, Wideband Binary Oxygen Sensors, Pre-Catalytic And Post-Catalytic Oxygen Sensors
2) By Universal Exhaust Gas Oxygen Sensors: Universal Fit O2 Sensors, Heated Universal Oxygen Sensors, Non-Heated Universal Oxygen Sensors, Direct Replacement Universal Oxygen Sensors, Universal Oxygen Sensors For Specific Vehicle Models
What Are the Key Adoption Trends in the Automotive Oxygen Sensor Market?
Key players in the automotive oxygen sensor market, such as Niterra Co., Ltd., are focusing on technological innovations like wideband oxygen sensors to maintain a competitive advantage. These advanced automotive devices measure a wide range of oxygen levels in exhaust gases to provide critical feedback to the engine control unit (ECU) for efficient air-fuel ratio management. They accurately detect mixtures from 10:1 to 20:1, enhancing fuel efficiency and reducing emissions in the process. In December 2023, Niterra Co., Ltd., an automotive components firm based in Japan, expanded its NTK Vehicle Electronics brand by introducing 35 new state-of-the-art oxygen sensors. This expansion aims to improve vehicle emissions control and performance. These high-tech sensors are equipped with features that boost vehicle performance and emissions control. They have an advanced zirconia sensing element that generates a voltage output corresponding to oxygen concentration, ensuring accurate air-fuel ratio monitoring.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=16608&type=smp
Which Companies Lead the Competitive Landscape of the Automotive Oxygen Sensor Industry?
Major companies operating in the automotive oxygen sensor market are The Bosch Group, Hitachi Ltd., DENSO Corporation, Valeo S.A, STMicroelectronics NV, BorgWarner Inc., Hella GmbH And Co. KGaA, AMETEK Inc., Teledyne Technologies, Fujikura Ltd., Niterra Co. Ltd., Standard Motor Products Inc., Sensirion AG, United Automotive Electronic Systems (UAES), Cubic Sensor and Instrument Co.Ltd., Walker Products Inc., City Technology Ltd., Facet S.r.l., Continental Automotive Systems, Hyundai Kefico Corporation, SJG Sejong Co. Ltd., Horiba Ltd.
Where Are the Key Automotive Oxygen Sensor Market Opportunities by Region?
North America was the largest region in the automotive oxygen sensor market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive oxygen sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Oxygen Sensor Market to Surpass $11.67 Billion by 2029 | Key Trends & Insights here
News-ID: 4174876 • Views: …
More Releases from The Business Research Company

Trailer Stabilizer Market Growth to be Driven by Emerging Trends | $13.25 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Trailer Stabilizer Industry?
In the past few years, the trailer stabilizer market has experienced consistent growth. The projection shows it will expand from a $10.77 billion value in 2024 to $11.27 billion in 2025, with a compound annual growth rate (CAGR) of 4.7%.…

Waterway Transportation Software Market Size Forecast: $111.98 Billion by 2029 | …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Waterway Transportation Software Market by 2025?
The market size for waterway transportation software has seen robust growth in the recent past. The market value, which stands at $75.39 billion in 2024, is projected to increase to $81.79 billion in 2025, implying a…

Freezing Fishing Vessels Industry Set to Achieve $2.16 Billion Milestone by 2029 …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Freezing Fishing Vessels Market Size 2025?
The market size for freezing fishing vessels has experienced robust growth in the past few years. The projection sees this market rising from $1.65 billion in 2024 to $1.74 billion in 2025, maintaining a compound annual growth rate…

Snowmobile Market is Anticipated to Expand upto $2.16 Billion in 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Forecasted Market Growth Rate of the Snowmobile Industry?
In recent times, there has been a consistent growth in the size of the snowmobile market. The market, valued at $1.77 billion in 2024, is projected to expand and reach $1.82 billion in 2025, at a Compound Annual Growth Rate…
More Releases for Sensor
Ultrasonic Oxygen Sensor Market, Ultrasonic Oxygen Sensor Market Size, Ultrasoni …
Fairfield Market Research offers a complete understanding of the Global Ultrasonic Oxygen Sensor Market in its latest research report. The report includes an unbiased analysis of the market dynamics. The report covers growth prospects, market development potential, product profitability, supply and demand curves and predictions, and government policies. The report has been put together using reliable tools to assess the primary and secondary data. The data is represented in the…
Wheel Speed Sensor Market Growing Up By Sensor Type: Passive Sensor, Active Sens …
Acumen Research and Consulting has announced the addition of the "Wheel Speed Sensor Market” report to their offering.
The Wheel Speed Sensor Market Report 2018 is an in depth study analyzing the current state of the Wheel Speed Sensor Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wheel Speed Sensor Market provides analysis of China market covering…
Smart Sensor Market - Transportation System Infrastructure & Aerospace Industrie …
Smart sensor market is expected to reach $15,840 million in 2023 from $4,805 million in 2016, growing at a CAGR of 18.4% from 2017 to 2023. Smart sensor have become an integral part of the aerospace and transportation industry. The robust growth in automobile sector, inclination of society towards IoT, development of smart cities, and surge in security threats are some of the major factors that drive the demand for…
Global Body Sensor Market - By Type (EEG Sensor, Visual Sensor, Respiration Sens …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Body Sensor Market - Assessment Covering Growth Factors and Upcoming Trends by 2022 End”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2022. The report also targets important facets such as market drivers, challenges, latest trends,…
Biochemical Sensor Market Report 2018: Segmentation by Product (Electrochemical …
Global Biochemical Sensor market research report provides company profile for GE Healthcare (U.S.), Thermo Fisher Scientific. (U.S.), Honeywell International Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), Polestar Technologies Inc. (U.S.), Microchip Technology Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Smart Wearable Fitness Devices Sensors Market to 2025 Temperature Sensor, Pressu …
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Smart Wearable Fitness Devices Sensors by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
This research report is equipped with the information categorizing Smart Wearable Fitness Devices…