According to a new market report by Lucintel, the future of the powertrain sensor market looks promising with opportunities in engine, transmission, and exhaust applications. The global powertrain sensor market is expected to grow with a CAGR of 4% from 2020 to 2025. The major growth drivers for this market are growing demand for electric & hybrid vehicles and increasing awareness of the fuel economy and carbon emissions among people and governments across the world.
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In this market, temperature sensors, speed sensors, pressure sensors, position sensors, current sensors, voltage sensors, and other sensors are used.
Within the powertrain sensor market, engine, transmission, and exhaust are the major applications.
APAC is expected to witness the highest growth over the forecast period due to growth of the automotive industry.
Continental, Robert Bosch, Denso, Hella, Valeo, Mitsubishi Electric Corporation, Infineon, TE Connectivity, NXP Semiconductors, and Texas Instruments are among the major manufacturers in the global powertrain sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the powertrain sensor market by sensor type, application, vehicle type, propulsion type, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Powertrain Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global powertrain sensor market by sensor type, application, vehicle type, propulsion type, and region as follows
By Sensor Type [$M shipment analysis for 2014 – 2025]:
Temperature Sensors
Speed Sensors
Pressure Sensors
Position Sensors
Current Sensors
Voltage Sensors
Others
By Application [$M shipment analysis for 2014 – 2025]:
Engine
Transmission
Exhaust
By Propulsion [$M shipment analysis for 2014 – 2025]:
ICE Propulsion
EV Propulsion
By Vehicle Type [$M shipment analysis for 2014 – 2025]:
Light Duty Vehicles
Heavy Duty 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.