Press release
Global Motorcycle Oxygen Sensor Market Booming At CAGR Of 14.01% Between 2017-2021.
The auto industry is increasingly being driven by changing consumer needs that pertain to the increasing purchasing power in the economy. Automakers are predisposed to develop different categories of two-wheelers that cater to the needs of a diverse market. Progressive growth of technology has driven OEMs to equip two-wheelers with high-performance engines with sophisticated controls, sensors, and electronic control units (ECUs) for optimizing performance. Modern two-wheelers are equipped with sensors that relay information regarding the output to the ECU. The ECU acts like the brain of the system and optimizes performance accordingly.
Technavios analysts forecast the global motorcycle oxygen sensor market to grow at a CAGR of 14.01% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global motorcycle oxygen sensor market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
Technavio's report, Global Motorcycle Oxygen Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Delphi
DENSO
Robert Bosch
Other prominent vendors
HYUNDAI KEFICO
NGK Spark Plugs
Pucheng Sensors
United Automotive Electronic Systems
Market driver
Rising levels of road congestions following increased urbanization.
For a full, detailed list, view our report
Market challenge
Rising popularity and subsequent sales of electric two-wheelers.
For a full, detailed list, view our report
Market trend
Rising penetration of fuel injected low powered motorcycles in emerging countries.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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