Automobile Pressure Sensors Market

Automobile Pressure Sensors Market by Types (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle, and Alternative Fuel Vehicle), Applications (Tire Pressure Monitoring System, Brake Booster System, Engine Management System, Exhaust Gas Recirculation System, Air Bag System, and Vehicle Dynamic Control), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: ICT-SE-2431
  • Author: Growth Market Reports
  • Rating: 4.5
  • Total Reviews: 3
  • No. Of Pages: 214
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The global automobile pressure sensors market size is projected to expand at a substantial CAGR during the forecast period. Growth of the market is attributed to rising demand for sensory application.

Automobile Pressure Sensors Market

The automotive pressure sensor market has grown steadily over time. The expansion of the automotive industry is expected to benefit the automotive pressure sensor market. Some of the primary factors driving the automotive pressure sensor market are rising demand for automotive safety features, stringent government regulations, and rapidly rising safety awareness among individuals. Previously only accessible in premium vehicles, automakers have begun to integrate these features into entry-level vehicles in order to extend their customer base.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing initiatives and support from government is projected to drive the market.
  • Rising demand of automobile sensors for sensory application has fueled the market.
  • High cost of installation and timely maintenance is estimated to hinder the market growth.
  • Development of modern sensory application is anticipated to create immense opportunities for the market players.

Scope of the Report

The report on the global automobile pressure sensors market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Automobile Pressure Sensors Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2021–2028

Segmentation

Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle, and Alternative Fuel Vehicle

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Honeywell International Inc.; Denso Corporation; Robert Bosh Gmbh; ST Microelectronics NV; and Infineon Technologies AG

Market Segment Insights

The passenger car segment holds a major market share

Based on types, the global automobile pressure sensors market is segregated into passenger car, light commercial vehicle, heavy commercial vehicle, and alternative fuel vehicle. The passenger car segment is projected to expand at a rapid pace. The demand for passenger automobiles has increased as the millennial population's spending power increased.

Automobile Pressure Sensors Market

The tire pressure monitoring system segment is anticipated to expand during the forecast period

On the basis of applications, the automobile pressure sensors market is segregated into tire pressure monitoring system, brake booster system, engine management system, exhaust gas recirculation system, air bag system, and vehicle dynamic control. The tire pressure monitoring system segment is estimated to expand at a high CAGR. Pressure monitoring sensors in each tier are used by TPMS to monitor pressure levels and communicate the information to a centralized control module. Direct TPMS (dTPMS) and indirect TPMS (iTPMS) are the two forms of TPMS. With the introduction of linked automobiles or driverless vehicles technologies, TPMS is becoming smarter.

Automobile Pressure Sensors Market

Asia Pacific is projected to dominate the market

In terms of regions, the global automobile pressure sensors market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Sensor manufacturers have historically been concentrated in the Asia-Pacific, with China, India, Japan, and Taiwan being the primary producers. The expansion of the automotive sector in countries like China and India is credited with the region's progress. The region's increasing economy, as well as developments in the regulatory environment, has aided the growth of the passenger car sensors market. Miniaturization and enhanced communication capabilities are propelling the Asia-Pacific automotive sensor market, allowing for their integration into automobiles without interfering with the vehicle's core functions. Other significant aspects aiding the growth of the automotive sensors market are low cost, compact size, eco-friendly nature, and bulk manufacturing capabilities.

Automobile Pressure Sensors Market

Segments

Segments Covered in the Report

The global automobile pressure sensors market is segmented on the basis of

Types

  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Alternative Fuel Vehicle

End-users

  • Tire Pressure Monitoring System
  • Brake Booster System
  • Engine Management System
  • Exhaust Gas Recirculation System
  • Air Bag System
  • Vehicle Dynamic Control

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Honeywell International Inc.
  • Denso Corporation
  • Robert Bosh Gmbh
  • ST Microelectronics NV
  • Infineon Technologies AG

Competitive Landscape

Key players competing in the global automobile pressure sensors market include Honeywell International Inc.; Denso Corporation; Robert Bosh Gmbh; ST Microelectronics NV; and Infineon Technologies AG.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Automobile Pressure Sensors Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automobile Pressure Sensors Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automobile Pressure Sensors Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automobile Pressure Sensors Market - Supply Chain
  4.5. Global Automobile Pressure Sensors Market Forecast
     4.5.1. Automobile Pressure Sensors Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automobile Pressure Sensors Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automobile Pressure Sensors Market Absolute $ Opportunity
5. Global Automobile Pressure Sensors Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Automobile Pressure Sensors Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Automobile Pressure Sensors Demand Share Forecast, 2019-2026
6. North America Automobile Pressure Sensors Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Automobile Pressure Sensors Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Automobile Pressure Sensors Demand Share Forecast, 2019-2026
7. Latin America Automobile Pressure Sensors Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Automobile Pressure Sensors Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Automobile Pressure Sensors Demand Share Forecast, 2019-2026
8. Europe Automobile Pressure Sensors Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Automobile Pressure Sensors Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Automobile Pressure Sensors Demand Share Forecast, 2019-2026
9. Asia Pacific Automobile Pressure Sensors Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Automobile Pressure Sensors Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Automobile Pressure Sensors Demand Share Forecast, 2019-2026
10. Middle East & Africa Automobile Pressure Sensors Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Automobile Pressure Sensors Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Automobile Pressure Sensors Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Automobile Pressure Sensors Market: Market Share Analysis
  11.2. Automobile Pressure Sensors Distributors and Customers
  11.3. Automobile Pressure Sensors Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The global automobile pressure sensors market is segmented on the basis of

Types

  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Alternative Fuel Vehicle

End-users

  • Tire Pressure Monitoring System
  • Brake Booster System
  • Engine Management System
  • Exhaust Gas Recirculation System
  • Air Bag System
  • Vehicle Dynamic Control

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Honeywell International Inc.
  • Denso Corporation
  • Robert Bosh Gmbh
  • ST Microelectronics NV
  • Infineon Technologies AG

Key players competing in the global automobile pressure sensors market include Honeywell International Inc.; Denso Corporation; Robert Bosh Gmbh; ST Microelectronics NV; and Infineon Technologies AG.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Automobile Pressure Sensors Market

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