Global Exhaust Sensors Market Industry Analysis, Size, Share, Growth, Trends and Forecast 2016- 2024

"The Report Exhaust Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

​One of the most critical issues for governments around the world is Automobile Pollution. Nitrogen oxide and carbon monoxide are the major gasses that are causing the air pollution. This has led to increased health and environmental concerns.

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Significant technological research and development is being done for reducing emissions of nitrogen oxide and carbon monoxide. This has led to the use of exhaust sensors to control and monitor emissions from vehicles. Almost all types of automobiles from HCVs to passenger cars use exhaust sensors. O2 sensors are most widely used automobile sensors. Global market for exhaust sensors is highly fragmented due to established manufacturers and a number of medium and small enterprises. Many existing vendors are inclined towards merger and acquisition in the exhaust sensors market to expand. For example, Antaya Technologies acquired by Delphi Automotive in 2014 for increasing business operations in markets.

Increasing use of diesel engine vehicles is the key driver for the growth of exhaust sensors market as diesel engines release more particulate matter than gasoline engines. This has a negative impact on health of people and environment leading to increasing demand for exhaust sensors, diesel particulate filters, and exhaust gas recirculation. Low cost and efficiency of diesel are the factors which are increasing sales of diesel automobiles across the world. Another major driver for the exhaust sensors market is the government regulations on emission. Growing auto sales due to increased automobile sales is another factor leading to growth of exhaust sensors market. Rise in electronic content in automobiles is also driving the growth of exhaust sensors market.
Increasing trend of IC miniaturization is one of the factors augmenting the growth of exhaust sensors market. Deployment of safety systems like ADAS (advanced driver assistance systems) and AEB (auto emergency braking) will lead to the growth of the exhaust sensors market. Increasing use of microelectromechanical system (MEMS) is also leading to increase in exhaust sensors in market. Increasing demand for commercial vehicles will boost the exhaust sensor market. However rise in use of electric vehicles will limit the market growth.

Exhaust sensors market can be segmented based on type (O2 sensors, NOX sensors, particulate matter sensors, differential pressure sensors), vehicle type (passenger and commercial), and by geography. An oxygen sensor measures amount of oxygen in the exhaust gas, a good indication of combustion efficiency of engine and perfect ratio of fuel and air (also called stoichiometric ratio). Too much of oxygen in exhaust gas (indicating lean mixture) produces more nitrogen oxide leading to poor performance, misfire, and engine damage. Too little of oxygen (indicating rich mixture) wastes fuel and hence reduces economy. The oxygen sensors are located before catalytic converters in the exhaust manifolds. Previously only one oxygen sensor was fitted to monitor air and fuel mixture but now four or more oxygen sensors are integrated to check the converter’s efficiency.

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APAC is the largest market for exhaust sensors. Economic growth in countries like India and China is increasing demand for passenger cars which is further attracting automobile manufacturers to invest in technology hence increasing the demand for exhaust sensors. Emission regulations are more stringent in Europe and America than China and India but due to increasing concerns for environment pollution strict emission exhaust sensors market will be augmented. Second largest exhaust sensors market is North America. Europe and North America markets have already matured for exhaust sensors. UK, Germany, and France are the main contributors in Europe market.
Key vendors in the market include Continental, Delphi Automotive, Denso, Hitachi Automotive Systems, Robert Bosch, and Sensata Technologies. Other important vendors include Broadcom, ABB, Emerson Process Management, Analog devices, NGK Spark Plug, Faurecia, and Tenneco.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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