Sarasota, FL -- (SBWire) -- 06/19/2018 --Global Automotive Temperature Sensor Market: Overview
Overheating of vehicle's engine is one of the major and integral concerns for the automotive. Automotive Temperature sensors play a crucial role in sensing the temperature of liquid and gases in a vehicle. These automotive temperature sensors are used in engine cooling fluid and air intake. Sensing and monitoring the temperature of the various components of the vehicle is necessary thus, creating opportunities for the market worldwide.
Global Automotive Temperature Sensor Market: Growth Factors
The increasing growth of automotive electronics, increasing installation of electronic systems, rising vehicle electrification and driver's convenience are propelling the growth of the Global Automotive Temperature Sensor Market. In addition, stringent government rules and norms regarding emissions has further fuelled the market growth. However, limitations of temperature sensors, poor accuracy, and electrical resistance of surface elements are some of the restraining factors that may hamper the growth of the global automotive temperature sensors market. Development in Autonomous Vehicles, multi-functional temperature sensors and increasing awareness regarding electric vehicles worldwide create ample of opportunity for the market to grow.
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Global Automotive Temperature Sensor Market: Segmentation
The Global Automotive Temperature Sensor Market is segmented on the basis of Application, by Product Type, by Technology, by Usage, By Vehicle, by Electric Vehicle Application, by EV Charging Technology and by region. On the basis of Application, the Global Automotive Temperature Sensor Market is divided into Engine, Transmission, HVAC, Exhaust and Thermal Seats. On the basis of Product Type, the Global Automotive Temperature Sensor Market is classified into Thermistor, Resistance Temperature Detector, Thermocouple, IC Temperature Sensor, MEMS Temperature Sensor and Infrared Sensor. On the basis of Technology, the Global Automotive Temperature Sensor Market is segmented into Contact and Non-Contact. On the basis of Usage, the Global Automotive Temperature Sensor Market is fragmented into Gas, Liquid, and Air. On the basis of Vehicle, the Global Automotive Temperature Sensor Market is divided into Passenger Cars and Commercial Vehicle. On the basis of Electric Vehicle Application, the Global Automotive Temperature Sensor Market is classified into Engine, HVAC, Battery, and Motor. On the basis of Technology, Global Automotive Temperature Sensor Market is segmented into Wired and Wireless.
Global Automotive Temperature Sensor Market: Regional Analysis
The global automotive temperature sensor market in Asia Pacific region is projected to be the biggest market for automotive temperature sensors. Due to rise in automobile production, increasing demand for safety systems and ongoing emission mandates are attributing to the growth of automotive temperature sensor market on an account of the developing automotive industry in countries, such as China and India. China is projected to hold the highest market share of the global automotive temperature sensor market in Asia Pacific region. North America is expected to witness a steady growth rate followed by Europe on an account of the regulations imposed by the government regarding safety and emission controls as the vehicles in the developed countries are well equipped with safety features. Thus, the market is projected to mature in coming years.
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Global Automotive Temperature Sensor Market: Competitive Players
Some of the most important market players in the Global Automotive Temperature Sensor Market are Robert Bosch, Continental, Panasonic, Delphi, TDK Corporation, Sensata, Texas Instruments, NXP, Analog Devices, and Microchip among others.
Global Automotive Temperature Sensor Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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Automotive Temperature Sensor Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024
Automotive Temperature Sensor Market: Size, Share, Growth, Trends, and Forecasts 2018–2024