Global Powertrain Sensor Market is expected to reach $28.81 billion by 2027 growing at a CAGR 4.8% during 2018 to 2027.

Thu Jan 9, 2020 - 7:40am GMT+0000

Some of the key players in Global Powertrain Sensor market include Denso, Texas Instruments, Renesas, Amphenol Corporation, Robert Bosch, Continental, Semitec Corporation, AMS AG, CTS Corporation, Littlefuse, TE Connectivity, Sensata Technologies, Leon Electronics.

Gaithersburg, Maryland, United States – January 9, 2020 /MarketersMedia/

While the factors like increasing adoption of powertrain sensors required for better fuel economy and decrease in carbon emissions are driving the market. However, decreasing price of powertrain sensors hampers the market growth.

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Based on Propulsion Type, ICE propulsion is estimated to have a lucrative growth due to increasing adoption of HEVs and growing vehicle production equipped with traditional ICE drivetrains are the main factors contributing to the growth of this segment.

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By geography Asia Pacific is estimated to have a huge demand in the forecast period owing to growing purchasing power of consumers has triggered the demand for automobiles.

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Sensor Type for Vehicles Covered:
• Pressure Sensor
• Position Sensor
• Temperature Sensor
• Speed Sensor
• Other Powertrain Sensors

Powertrain Sub-Systems Covered:
• Drivetrain
• Engine
• Exhaust

Electric Vehicle Powertrain Sensor Types Covered:
• Current Sensor
• Voltage Sensor
• Other Sensors

Propulsion Types Covered:
• Electric Vehicle
• Internal Combustion Engine (ICE) Vehicle

Vehicle Types Covered:
• Light Duty Vehicle
• Heavy Duty Vehicle

Electric Vehicles Covered:
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Fuel Cell Electric Vehicle (FCEV)
• Plug-in Hybrid Electric Vehicle (PHEV)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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Source URL: https://marketersmedia.com/global-powertrain-sensor-market-is-expected-to-reach-2881-billion-by-2027-growing-at-a-cagr-48-during-2018-to-2027/88942101

Source: MarketersMedia

Release ID: 88942101

This news is published on Reuters.