According to a new market report by Lucintel, the future of the global automotive emission sensor market looks promising with opportunities in the automotive industry. The global automotive emission sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 5% from 2020 to 2025. The major growth drivers for this market are growing demand for passenger cars due to increasing disposable income and the implementation of strict and tough emission norms.
To download report brochure, please go to https://www.lucintel.com/automotive-emission-sensor-market.aspx and click "download brochure" tab from the menu
In this market, O2-Lambda sensor, NOX sensor, and particulate matter sensor are the types of automotive emission sensor. Lucintel forecasts that O2-Lambda sensor will remain the largest sensor type segment over the forecast period due to frequent use of O2-Lambda sensor to measure the level of oxygen from the mixture in vehicles.
Within this market, passenger cars will remain the largest application segment over the forecast period due to growing demand for passenger cars with standard emission norms.
Asia Pacific region is expected to witness the highest growth over the forecast period due to increasing demand for passenger cars in India, China, and Japan.
Robert Bosch GmbH, Denso Corporation, Tenneco Inc., Faurecia, Fujikura Ltd., Walker Products, Inc., Pilot Automotive, Continental AG, and Friedrichshafen AG are among the major manufacturers of the global automotive emission sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global automotive emission sensor market by sensor type, fuel type, application, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Automotive Emission Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data on the trends and forecast for the global automotive emission sensor market by sensor type, fuel type, application, and region as follows:
By Sensor Type [$M shipment analysis for 2014 – 2025]:
O2-Lambda Sensor
NOX Sensor
Particulate Matter Sensor
By Fuel Type [$M shipment analysis for 2014 – 2025]:
By Application [$M shipment analysis for 2014 – 2025]:
Passenger Cars
Commercial Vehicles
By Region [$M shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
China
Japan
India
South Korea
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.