LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the global automotive engine sensors market is expected to register a CAGR of over 5% during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth.
This research report titled ‘Global Automotive Engine Sensors Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global automotive engine sensors market into the following products:
- Process sensors
- Position sensors
In 2017, the process sensors segment accounted for 75% of the global market and is expected to decline to 74% by 2022, exhibiting almost 1% decrease in market share.
Global automotive engine sensors market: Key market trend
Increasing demand for ceramic capacitive pressure sensors is an emerging trend in the automotive engine sensors space. The demand for effective pressure sensors is rising in the automotive industry. At present, MEMS and ceramic capacitive technology are the widely used pressure sensors. Ceramic capacitive pressure sensors are preferred by many automotive OEMs, especially for medium pressure range. This can be attributed to the high sensitivity and low power consumption characteristic of the ceramic transducer. Furthermore, the ceramic transducer is also stable at varying temperatures, which is crucial for automotive applications. Thus, automotive OEMs are preferring ceramic capacitive pressure sensors over other available technologies. The rising demand for pressure sensors will drive the adoption of ceramic technology in the industry.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Automotive Engine Sensors Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (process sensors and position sensors)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Aptiv, Robert Bosch, Continental, NXP Semiconductors, and Sensata Technologies)
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