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Automotive Temperature and Humidity Sensors Market Size 2030

Automotive Temperature and Humidity Sensors Market

Name: Growth Market Reports
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Segments - by Types (Conventional [Temperature and Humidity] and Digital [Temperature and Humidity]), Vehicle Types (Passenger Cars and Commercial Vehicles), Applications (Power Train, Body Electronics, Alternative Fuel Vehicles, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021-2028

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Raksha Sharma

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Report Description

The global automotive temperature and humidity sensors market size is anticipated to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the increasing demand for convenience, comfort, safety, efficiency, and environmental protection.

Temperature and humidity sensors are the most commonly used environmental sensors. Temperature sensors are used to measure temperature, it can be air temperature, liquid, or solid matter temperature. Hygrometers are used for measuring the humidity sensors. Humidity sensors are commonly used in the meteorology, food processing, agriculture, microelectronics, pharmaceuticals, medical, automobiles, structural health monitoring, and HVAC & manufacturing companies.

During COVID-19 pandemic, various travel restrictions on the governments and labour shortage in the automotive affected the supply chain, disrupting the market. Nevertheless, the gradual relaxation in restrictions is expected to help the market reach pre-COVID level soon.

Market Trends, Drivers, Restraints and Opportunities

Rising HVAC applications is projected to drive the market growth during the forecast period.
Increasing demand for luxury passenger cars in developed countries are expected to boost the market growth in the coming years.
Rapid growth of the automotive industry can positively influence the market growth.
The third wave of COVID-19 pandemic can restrain the market growth.
Ongoing advancement in the development of cost-effective sensors can create lucrative opportunities during the forecast period.

Scope of the Report

The report on the global automotive temperature and humidity 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	Automotive temperature and humidity sensors Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Conventional [Temperature, and Humidity] and Digital [Temperature and Humidity]), Vehicle Types (Passenger Cars and Commercial Vehicles), and Applications (Power Train, Body Electronics, Alternative Fuel Vehicles, and Others)
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	TDK Corporation; TE Connectivity Ltd.; Robert Bosch Gmbh; Sensata Technologies; Inc.; and NXP semiconductor N.V.

Automotive Temperature and Humidity Sensors Market Segment Insights

Digital segment to hold a significant market share

Based on types, the market is divided into conventional and digital. Both the segments are further segmented into temperature and humidity. The conventional segment is anticipated to hold a key share of the market in the coming years due to rising demand for high reliable solutions and long term stability even under harsh operating conditions. On the other hand, the digital segment is anticipated to expand at a rapid pace during the forecast period due to increasing adoption of digital solutions in the automotive industry.

Commercial vehicles segment is expected to grow at a rapid pace

On the basis of vehicle types, the market is segregated into passenger cars and commercial vehicles. The passenger cars segment is expected to represent a key share of the market in the coming years owing to comfort and high fuel efficiency. However, the commercial vehicles segment is anticipated to expand at a rapid pace during the forecast period owing to rapid growth of the e-commerce industry.

Alternative fuel vehicles segment is expected to grow at a rapid pace

In terms of applications, the market is divided into power train, body electronics, alternative fuel vehicles, and others. The body electronics segment is expected to represent a key share of the market in the projected timeline. On the other hand, alternative fuel vehicles segment is anticipated to expand at a rapid pace during the forecast period due to increased energy security and sustainability.

North America is estimated to account a major market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period. Wide expansion in term of R&D investment for the development of automotive temperature and humidity sensors acts as a major driver of the market growth in the region. However, the market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period. The growth of the market in region is attributed to increasing demand for automotive temperature and humidity sensors in countries such as India and China.

Segments

The global automotive temperature and humidity sensors market has been segmented on the basis of

Types

Conventional
- Temperature
- Humidity
Digital
- Temperature
- Humidity

Vehicle Types

Passenger Cars
Commercial Vehicles

Applications

Power Train
Body Electronics
Alternative Fuel Vehicle
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

TDK Corporation
TE Connectivity Ltd.
Robert Bosch Gmbh
Sensata Technologies, Inc.
NXP semiconductor N.V.

Competitive Landscape

Key players competing in the automotive temperature and humidity sensors market includes TDK Corporation; TE Connectivity Ltd.; Robert Bosch GmbH; Sensata Technologies, Inc.; and NXP semiconductor N.V.

Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

In June 2019, TDK Corporation launched its complete sensor product range. The products includes magnetic sensors, motion, sound sensor solutions, temperature, and pressure sensors that covered automotive, industrial, aeronautics, security, and medical markets.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Temperature and Humidity 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. Automotive Temperature and Humidity Sensors Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Temperature and Humidity Sensors Market - Supply Chain
  4.5. Global Automotive Temperature and Humidity Sensors Market Forecast
     4.5.1. Automotive Temperature and Humidity Sensors Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Temperature and Humidity Sensors Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Automotive Temperature and Humidity Sensors Market Absolute $ Opportunity
5. Global Automotive Temperature and Humidity Sensors Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Types
     5.3.1. Conventional
     5.3.2. Digital
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Automotive Temperature and Humidity Sensors Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Applications
     6.3.1. Power Train
     6.3.2. Body Electronics
     6.3.3. Alternative Fuel Vehicles
     6.3.4. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Automotive Temperature and Humidity Sensors Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Automotive Temperature and Humidity Sensors Demand Share Forecast, 2019-2026
8. North America Automotive Temperature and Humidity 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
  8.2. North America Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Types
     8.4.1. Conventional
     8.4.2. Digital
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Applications
     8.7.1. Power Train
     8.7.2. Body Electronics
     8.7.3. Alternative Fuel Vehicles
     8.7.4. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Automotive Temperature and Humidity Sensors Demand Share Forecast, 2019-2026
9. Latin America Automotive Temperature and Humidity 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. Latin America Average Pricing Analysis
  9.2. Latin America Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Types
     9.4.1. Conventional
     9.4.2. Digital
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Applications
     9.7.1. Power Train
     9.7.2. Body Electronics
     9.7.3. Alternative Fuel Vehicles
     9.7.4. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Automotive Temperature and Humidity Sensors Demand Share Forecast, 2019-2026
10. Europe Automotive Temperature and Humidity 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. Europe Average Pricing Analysis
  10.2. Europe Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Types
     10.4.1. Conventional
     10.4.2. Digital
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Applications
     10.7.1. Power Train
     10.7.2. Body Electronics
     10.7.3. Alternative Fuel Vehicles
     10.7.4. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Automotive Temperature and Humidity Sensors Demand Share Forecast, 2019-2026
11. Asia Pacific Automotive Temperature and Humidity Sensors Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Types
     11.4.1. Conventional
     11.4.2. Digital
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Applications
     11.7.1. Power Train
     11.7.2. Body Electronics
     11.7.3. Alternative Fuel Vehicles
     11.7.4. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Automotive Temperature and Humidity Sensors Demand Share Forecast, 2019-2026
12. Middle East & Africa Automotive Temperature and Humidity Sensors Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Types
     12.4.1. Conventional
     12.4.2. Digital
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Automotive Temperature and Humidity Sensors Market Size and Volume Forecast by Applications
     12.7.1. Power Train
     12.7.2. Body Electronics
     12.7.3. Alternative Fuel Vehicles
     12.7.4. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Automotive Temperature and Humidity Sensors Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Automotive Temperature and Humidity Sensors Market: Market Share Analysis
  13.2. Automotive Temperature and Humidity Sensors Distributors and Customers
  13.3. Automotive Temperature and Humidity Sensors Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. TDK Corporation
     13.4.2. TE Connectivity Ltd.
     13.4.3. Robert Bosch Gmbh
     13.4.4. Sensata Technologies, Inc.
     13.4.5. NXP semiconductor N.V.

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