COVID-19 Pandemic to Impact the Global
Automotive Temperature Sensor Market
Automotive Temperature Sensor Market Synopsis
The automotive
temperature sensor market is poised to surge at approximately 6% CAGR
during the period
Automotive Temperature Sensor Market
Highlights
The factors responsible for the growth of
the automotive temperature sensor market are engine control unit, strict
emission standards, increasing fuel efficiency requirements and improved
vehicle safety. The desire of the manufacturer to understand the performance
and operating condition of the vehicle is expected to drive growth in the
demand for automotive engine temperature sensors during the forecast period.
Strict emission standards would allow significant car manufacturers to
implement state-of-the-art detection technologies such as infrared temperature
sensors. Manufacturers develop expertise in sensor technology to withstand the
dynamic automotive development environment.
Increasing knowledge among manufacturers of
temperature sensor technologies such as MEMs, I.C. sensors, and Infrared
sensors are likely to increase the vehicle architecture’s effectiveness. The
manufacturers are developing new sensor technologies to calculate engine
parameter temperature gradient on various road conditions. Moreover, OEMs and
Tier-1 manufacturers in general concentrate on low cost and long-lasting
temperature sensors to monitor high temperatures. Advanced technologies such as
high-heat resistance fabrics, hybrid sensor solutions and nanotechnology will play
a pivotal role in developing high-performance and reliable temperature sensors.
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Automotive Temperature Sensor Market
Segmentation
The demand for automotive temperature
sensors is segmented by applications, type of device, and type of vehicle.
The market is segmented as fuel, exhaust
and seats upon application. For vehicle design, one of the main applications
for temperature sensors is engine power management.
The market is segmented by product types
such as MEMS, I.C. sensor and Infrared sensor. Infrarot sensors are also
becoming more popular in high-temperature applications.
The market is segmented based on the types
of vehicles used as passenger and commercial vehicles. The number of
temperature sensor applications in passenger vehicles is higher than in
commercial vehicles.
Regional Outlook
The market is segmented into regions that
include America, Asia Pacific, Europe and the rest of the world.
Asia Pacific area is projected to dominate
the market in the future because of growing demand in Japan and South Korea for
automotive electronics. The cost-effective temperature sensors will drive the
demand as consumer development moves to developing countries. The manufacturers
in the newer vehicles continue to demand durable construction, low-cost and
high-temperature sensors inside the car. The increasing demand for the new
vehicle’s fuel-efficient technology would result in increased demand for
temperature sensors in vehicles. Manufacturers are seeking to focus on the
demand for passenger cars to catch the bulk of revenue. The increasing demand
for passenger vehicles with the latest detection technology installed will
result in temperature sensor growth in the vehicles. That will drive the Asia
Pacific region market.
Specific possible temperature sensor
markets are the Americas, owing to U.S. rules and regulations. Environmental
manufacturing agency. This will increase the demand for small dimensions,
higher precision and longer-lasting sensors. The manufacturers focus on the
materials of the new generation such as organic and biosensors to meet new
powertrain requirements and engine control management system. The manufacturers
should play an essential role in achieving cost-effective sensor development
solutions. However, developments in technology in contactless sensors such as
infrared sensors and wireless sensors will improve the overall temperature
monitoring device dynamics. Furthermore, developing countries like Brazil and
Russia should play a crucial role in the rising temperature sensor market
share.
Competitive Dynamics
The key players in automotive temperature
sensor market are Continental (Germany), Aptiv PLC (U.K.), Panasonic (Japan),
TDK Corporation (Japan), Robert Bosch (Germany), T.E. Connectivity Ltd
(Switzerland), RoHM Co. Ltd. (Japan), T.T. Electronics (U.K.), Microchip Technology
Inc. (U.S.), ZF TRW Automotive (U.S.) and RFMicron (U.S.).
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