Automotive Powertrain Sensor Market: Global Industry Analysis and Forecast (2023-2029)

Automotive Powertrain Sensor Market is anticipated to reach US$ 25.73 Bn by 2029 from US$ 21.06 Bn in 2022 at a CAGR of 2.9% during a forecast period.

Automotive Powertrain Sensor Market Overview

Powertrain sensors make the vehicle operation more effective and reliable. Thus, manufacturers are manufacturing more advanced sensors, which is expected to fuel the growth of the powertrain sensor market. Due to the increasing demand for electronics in automobiles from household and commercial sectors, the production of vehicles has increased substantially, which is boosting the growth of the automotive powertrain sensors market.Automotive Powertrain Sensor MarketTo know about the Research Methodology :- Request Free Sample Report

Market Dynamics

The market is driven by the growing demand for fuel-efficient vehicles, as well as the growing demand for sensors in automotive hybrid powertrains. Furthermore, several governments across the world have implemented rules governing car emission standards to spur advancements in transmission and drivetrain technology and improve vehicle performance. Thus, various car manufacturers across the world are attempting to expand the penetration of sensors in their vehicles to improve vehicle safety and performance, which is expected to drive the growth of the market during the forecast period. Increased demand for electric cars, which are integrated with various sensors, including voltage sensors that improve drivetrain efficiency, is expected to drive the worldwide automotive powertrain sensor market. Electric vehicle deployment has increased across the world as a result of government initiatives to promote a green and clean environment, which promotes the growth of electric cars. In addition, factors such as rising environmental consciousness, unpredictable fuel prices, and a slew of government laws aimed at reducing hazardous gas emissions are expected to boost the demand for electric vehicles and thereby the automotive powertrain sensors market.

COVID-19 Impact on the Automotive Powertrain Sensor Market

The effect of the COVID-19 pandemic on the automotive sensor market is expected to be higher owing to a lower new car production and sales, a disrupted automotive supply chain, and a reduction in new investment. Due to the worldwide shutdown of major vehicle production plants, global demand for automotive powertrain sensors has dropped. The automotive sensors market has been badly impacted by decreasing car exports, as well as declining consumer purchasing power as a result of the pandemic's economic downturn. Due to lockdowns in many parts of the world, the pandemic has had a significant impact on the automotive supply chain. Thus, the automotive powertrain sensors supply chain faces a lack of raw material, a shift of manufacturing facilities to other countries, cash crises, and declined customer demand.

Segmentation Analysis

By Sensor Type, the position sensors segment is expected to grow at a CAGR of xx% during the forecast period. The rapid implementation of new technology in automobiles, such as electric power steering, traction inverters, automated transmissions, and anti-lock brake systems, is attributed to the growth of powertrain position sensors. Apart from that, position sensors are increasingly being used in gearbox assemblies to monitor the torque supplied at each gear position and optimize shifting for optimal power delivery. By Powertrain Subsystems, the transmission management segment is expected to grow at xx% during the forecast period. The adoption of technologies like continuous variable transmission, multi-gear automatic transmission, dual-clutch transmission, and regenerative braking, which requires mechanical operations for the working. This factor is expected to drive the growth of the segment. By Vehicle Type, in 2022, the internal combustion engines segment held xx% of the market share. The manufacturers across the globe are focusing on the engine to make them more fuel-efficient to reduce emissions. This is the main reason for the growth of internal combustion engines. The graph covers sales of internal combustion engine (ICE) vehicles in Europe, China, and the United States. In 2020, European ICE car sales dropped to about 17.61 million units.

Automotive Powertrain Sensor Market Regional Insights

Europe dominates the global automotive powertrain sensor market in 2022 and is expected to continue its dominance throughout the forecast period. The presence of automotive businesses in the region, as well as the adoption of severe emission regulations in the region, are credited with the region's growth. The market in Europe is expected to be propelled by the presence of vehicle manufacturers such as Continental AG, Delphi Technologies, and Robert Bosch, which have large research and development centers for powertrain sensors. The Asia Pacific market is expected to grow at a faster pace during the forecast period. Increasing sales of commercial vehicles and passenger cars in the region are driving the growth of the market. In 2019, more electric vehicles were sold in China, as compared to any other country, which is likely to boost the automotive powertrain sensor market in China.

Automotive Powertrain Sensor Market Scope: Inquire before buying

Automotive Powertrain Sensor Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 21.06 Bn.
Forecast Period 2023 to 2029 CAGR: 2.9% Market Size in 2029: US $ 25.73 Bn.
Segments Covered: by Sensors Type Temperature Position Exhaust Pressure Speed Knock
by Powertrain Subsystems Engine Management Transmission Management Power Steering
by Vehicle Type ICE EV

Automotive Powertrain Sensor Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Automotive Powertrain Sensor Market, Key Players are:

1. Texas Instruments 2. Robert Bosch GmbH 3. Mitsubishi Electric Corporation 4. Infenion Technologies 5. Denso Corporation 6. NXP Semiconductor 7. HELLA GmbH & Co. 8. Valeo 9. CTS Corporation 10.Renesas Electronics Corporation 11.ZF Friedrichshafen AG 12.Delphi Technologies 13.PCB Piezotronics Inc. 14.STMicroelectronics N.V. 15.TE Connectivity Frequently Asked Questions: 1. Which region has the largest share in Global Automotive Powertrain Sensor Market? Ans: Europe region held the highest share in 2022. 2. What is the growth rate of Global Automotive Powertrain Sensor Market? Ans: The Global market is growing at a CAGR of 2.9% during forecasting period 2023-2029. 3. What is scope of the Global Automotive Powertrain Sensor Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Automotive Powertrain Sensor Market? Ans: The important key players in the Global market are – Texas Instruments, Robert Bosch GmbH, Mitsubishi Electric Corporation, Infenion Technologies, Denso Corporation, NXP Semiconductor, HELLA GmbH & Co., Valeo, CTS Corporation, Renesas Electronics Corporation, ZF Friedrichshafen AG, Delphi Technologies, PCB Piezotronics Inc., STMicroelectronics N.V., and TE Connectivity 5. What is the study period of this Market? Ans: The Global Automotive Powertrain Sensor Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Automotive Powertrain Sensor Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Automotive Powertrain Sensor Market 3.4. Geographical Snapshot of the Automotive Powertrain Sensor Market, By Manufacturer share 4. Global Automotive Powertrain Sensor Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Automotive Powertrain Sensor Market 5. Supply Side and Demand Side Indicators 6. Global Automotive Powertrain Sensor Market Analysis and Forecast, 2022-2029 6.1. Global Automotive Powertrain Sensor Market Size & Y-o-Y Growth Analysis. 7. Global Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Sensors Type, 2022-2029 7.1.1. Temperature 7.1.2. Position 7.1.3. Exhaust 7.1.4. Pressure 7.1.5. Speed 7.1.6. Knock 7.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 7.2.1. Engine Management 7.2.2. Transmission Management 7.2.3. Power Steering 7.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 7.3.1. ICE 7.3.2. EV 8. Global Automotive Powertrain Sensor Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 9.1.1. Temperature 9.1.2. Position 9.1.3. Exhaust 9.1.4. Pressure 9.1.5. Speed 9.1.6. Knock 9.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 9.2.1. Engine Management 9.2.2. Transmission Management 9.2.3. Power Steering 9.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 9.3.1. ICE 9.3.2. EV 10. North America Automotive Powertrain Sensor Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 11.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 12. Canada Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 12.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 13. Mexico Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 13.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 14. Europe Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 14.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 15. Europe Automotive Powertrain Sensor Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 16.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 17. France Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 17.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 18. Germany Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 18.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 19. Italy Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 19.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 20. Spain Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 20.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 21. Sweden Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 21.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 22. CIS Countries Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 22.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 23. Rest of Europe Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 23.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 24. Asia Pacific Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 24.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 25. Asia Pacific Automotive Powertrain Sensor Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 26.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 27. India Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 27.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 28. Japan Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 28.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 29. South Korea Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 29.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 30. Australia Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 30.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 31. ASEAN Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 31.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 32. Rest of Asia Pacific Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 32.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 33. Middle East Africa Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 33.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 34. Middle East Africa Automotive Powertrain Sensor Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 35.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 36. GCC Countries Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 36.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 37. Egypt Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 37.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 38. Nigeria Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 38.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 39. Rest of ME&A Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 39.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 40. South America Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 40.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 41. South America Automotive Powertrain Sensor Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 42.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 43. Argentina Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 43.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 44. Rest of South America Automotive Powertrain Sensor Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Sensors Type,2022-2029 44.2. Market Size (Value) Estimates & Forecast By Powertrain Subsystems, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Vehicle Type, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Automotive Powertrain Sensor Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Eaton 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Texas Instruments 45.5. Robert Bosch GmbH 45.6. Mitsubishi Electric Corporation 45.7. Infenion Technologies 45.8. Denso Corporation 45.9. NXP Semiconductor 45.10. HELLA GmbH & Co. 45.11. Valeo 45.12. CTS Corporation 45.13. Renesas Electronics Corporation 45.14. ZF Friedrichshafen AG 45.15. Delphi Technologies 45.16. PCB Piezotronics Inc. 45.17. STMicroelectronics N.V. 45.18. TE Connectivity 46. Primary Key Insights
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