The power generation subsystem of the powertrain is the engine. Using various moving parts, it converts the chemical energy of the fuel into mechanical energy. All these parts need to be observed using a lot of sensors. Powertrain sensors include multiple pressure, speed, position, and temperature sensors. Manufacturers across the world are looking forward to enhancing the powertrain sensors, which will make the vehicle more efficient and reliable. Due to the increasing demand for powertrain sensors, manufacturers are encouraged to build more enhanced sensors, which is expected to boost the growth of the powertrain sensor market.
MARKET DYNAMICS
The decrease in carbon emission and the increasing adoption of powertrain sensors due to its better fuel economy are the prime factors driving the growth of the powertrain sensors market. Moreover, an increase in demand for comfort and safety in the vehicle are the factors fueling the growth of the market. Rise in demand for vehicle electrification and increasing in global motor vehicle production is expected to boost the growth of the market during the forecast period.
MARKET SCOPE
The "Global Powertrain Sensors Market Analysis to 2028" is a specialized and in-depth study of the powertrain sensors market with a special focus on the global market trend analysis. The report aims to provide an overview of powertrain sensors market with detailed market segmentation by sensor type, electric vehicle powertrain sensor type, powertrain sub-system, ICE vehicle, electric vehicle. The global powertrain sensors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading powertrain sensors market players and offers key trends and opportunities in the powertrain sensors market.
MARKET SEGMENTATION
The global powertrain sensors market is segmented on the basis of sensor type, electric vehicle powertrain sensor type, powertrain sub-system, ICE vehicle, electric vehicle. On the basis of sensor type, the market is segmented as temperature sensor, pressure sensor, speed sensor, position sensor, other powertrain sensors. On the basis of electric vehicle powertrain sensor type, the market is segmented as position sensor, current sensor, voltage sensor, temperature sensor. On the basis of powertrain sub-system, the market is segmented as engine, drivetrain, exhaust. On the basis of ICE Vehicle, the market is segmented as light duty vehicle, heavy duty vehicle. On the basis of electric vehicle, the market is segmented as BEV, HEV, FCEV.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global powertrain sensors market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The powertrain sensors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting powertrain sensors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the powertrain sensors market in these regions.
MARKET PLAYERS
The reports cover key developments in the powertrain sensors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from powertrain sensors market are anticipated to lucrative growth opportunities in the future with the rising demand for powertrain sensors market. Below mentioned is the list of few companies engaged in the powertrain sensors market.
The report also includes the profiles of key powertrain sensors market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Allegro Microsystems LLC
- Amphenol Advanced Sensors
- ams AG
- CTS Corporation
- Hella
- NXP
- Renesas
- Robert Bosch
- Texas Instruments Incorporated
- ZF Friedrichshafen AG