Accordingto the latest research report, from 2023 to 2030, the global automotivetemperature sensors market size is predicted to increase at a CAGR of over 5.2%.These sensors are used to measure the temperature of liquids or gases inside a
car. As a result, temperature sensors and monitors may be found in several
vehicle parts.
Stringent pollution regulations, a growing need forfuel efficiency, and heightened vehicle security requirements are significant
drivers propelling the development of the automotive temperature sensor market.
The global automotive engine temperature sensor market is poised for rapid
growth in the upcoming years as manufacturers increasingly seek to gain a
comprehensive understanding of their vehicles' efficiency and operational
parameters.
However, the economic turmoil brought about by theCOVID-19 pandemic has significantly diminished the average consumer's
purchasing power. Additionally, automobile manufacturing has been severely
disrupted worldwide, collectively exerting a detrimental impact on the car
temperature sensor market.
Industry News
In October 2018, TDK Corporation introduced theEPCOS NTC temperature sensor designed to monitor temperatures ranging from -10
°C to +300 °C. This sensor finds applications in a wide range of automotive and
industrial electrical devices. Notably, thermal sensors with ceramic sleeves
are suitable for use in harsh environments and exhibit resistance to acidic
fluids such as hydrochloric acid.
Key Players in theAutomotive Temperature Sensor Market
• Robert Bosch (Germany) • Aptiv PLC (U.K.) •Continental (Germany) • Panasonic (Japan) • TDK Corporation (Japan) • TE
Connectivity Ltd (Switzerland) • RoHM Co. Ltd. (Japan) • Microchip Technology
Inc. (U.S.) • TT Electronics (U.K.) • ZF TRW Automotive (U.S.) • RFMicron
(U.S.)
AutomotiveTemperature Sensor Market Segmentation
According to reports, the global automotivetemperature sensor market is segmented into three primary categories:
applications, product types, and vehicle types.
It is anticipated that the MEMS(Micro-Electro-Mechanical Systems) temperature sensor industry will experience
the most rapid growth in the coming years. The advancement of new technologies
has led to increased utilization of improved MEMS temperature sensors. With a
rising demand for luxury vehicles worldwide and a reduction in wire harnesses,
emerging innovations like MEMS and IC (Integrated Circuit) sensors have become
essential. MEMS-based temperature sensors find extensive applications in
electric and conventional vehicles of various types.
Over theprojected period, the Automotive Temperature Sensor Industry is forecasted to
develop at the fastest rate of any other market. Improved MEMS temperature
sensors have become more popular due to the growth of cutting-edge technology.
The need for MEMS temperature sensors, integrated circuits, and thermal imaging
sensors is anticipated to grow. The introduction of luxury automobiles all over
the globe and the lowering of the wire harness will pave the way for future
innovations. All of the main conventional construction and electric car
applications rely on MEMS temperature sensors, which are commercially
available.
AutomotiveTemperature Sensor market Regional Classification
Accordingto the reports, on the basis of region, the global AutomotiveTemperature Sensor Market Share is divided into Asia pacific, north America,and the middle east and Africa.
A rise instringent emissions regulations for vehicles, a growth in demand for
sophisticated automated control systems, and a growth in automotive temperature
sensors in this area have all contributed to Asia-dominance Pacific's
automotive temperature sensor industry. North America and Europe are predicted
to be the fastest-growing regions in the automotive temperature sensor market,
owing to the increasing stringency of regulatory requirements addressing
security in these areas.
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