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
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Details
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Report Title
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Automotive temperature and humidity sensors Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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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)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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TDK Corporation; TE Connectivity Ltd.; Robert Bosch Gmbh; Sensata Technologies; Inc.; and NXP semiconductor N.V.
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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
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 (000’ 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.