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(I-AutoNewsWire.com, January 23, 2019 ) The global market for automotive exhaust sensor will exhibit a steady 4.0% CAGR, in terms of value, between the forecast period 2017 and 2026, as slated by a new Fact.MR report. Over 160,000,000 units of automotive exhaust sensors are expected to be sold worldwide by 2026-end.
The market for automotive exhaust sensor in Europe and North America has reached a maturity stage, and is currently stable on the back of a slack in production and rising competition from developing economies in Asia-Pacific excluding Japan (APEJ) and Latin America. However, with implementation of the Euro VI norms in 2017, demand for exhaust sensors is expected to witness a gradual rise in Europe in the near future. Europe will remain the largest market for automotive exhaust sensor, in terms of value.
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In terms of value, passenger cars among vehicles type segments will account for the lion’s share of the global automotive exhaust sensor market. Dominance of passenger cars in the market can be primarily attributed to the advent of stringent emission norms, which demand installation of automotive exhaust sensors in passenger cars for controlling air pollutants, thereby boosting sales of the emission-efficient passenger cars significantly. In addition, sales of automotive exhaust sensors in passenger cars and heavy commercial vehicles are projected to register an equal and the highest CAGR, in terms of value, through 2026, closely trailed by light commercial vehicles.
Automotive exhaust sensors will witness the highest demand for use in gasoline engines. However, growing penetration of diesel engines in developed nations has resulted into rapid adoption of automotive exhaust sensors for use in these engines recently. Automotive exhaust sensors are projected to register the fastest expansion for use in diesel engines through 2026, in terms of value. Although OEM remains the dominant sales channel for automotive exhaust sensors in terms of revenues, sales in aftermarket are poised to exhibit a relatively faster expansion through 2026.
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Competition Tracking
Nature of the global automotive exhaust sensor market is highly competitive and fragmented on the back of the occupancy of numerous international and regional players worldwide. As international players are concentrating on the expansion of their geographical reach, regional vendors are finding it difficult in competing against them based on product cost, safety, and quality. Key players actively contributing to the market expansion include Sejong Industrial Co., Ltd., Harbin Airui Automotive Exhaust Systems Co. Ltd., Bosal International N.V., SANGO Co., Ltd., Yutaka Giken Co., Ltd., Futaba Industrial Co., Ltd., Benteler International AG, Friedrich Boysen GmbH & Co. KG, Eberspächer Group, Tenneco Inc., and Faurecia S.A.
Table of Contents Covered in this report are:
1. Global Economic Outlook
2. Global Automotive Exhaust Sensor Market - Executive Summary 2.1. Opportunity Assessment 2.2. Mega Trends
3. Global Automotive Exhaust Sensor Market Overview 3.1. Introduction 3.1.1. Global Automotive Exhaust Sensor Market Taxonomy 3.1.2. Global Automotive Exhaust Sensor Market Definition 3.2. Global Automotive Exhaust Sensor Market Size (US$ Mn), Volume (Units) and Forecast, 2012-2026 3.2.1. Global Automotive Exhaust Sensor Market Y-o-Y Growth 3.3. Parent Market Overview 3.4. Global Automotive Exhaust Sensor Market Dynamics 3.4.1. Market Drivers 3.4.2. Market Restraints 3.4.3. Market trends 3.4.3.1. Impact Analysis By Vehicle Type 3.4.3.2. Impact Analysis By Engine Type 3.4.3.3. Impact Analysis By Sales Channel 3.5. Supply Chain 3.6. PESTLE Analysis 3.7. Porter Analysis 3.8. PLC Analysis 3.9. Macro-Economic Factors 3.10. Forecast Factors and Impact Analysis 3.11. Pricing Analysis 3.12. Raw Material Sourcing Strategy and Analysis 3.13. Global Automatic Exhaust Sensor Market Scenario forecast 3.13.1. Conservative Scenario 3.13.2. Likely Scenario 3.13.3. Optimistic Scenario 3.14. Distributors/Suppliers’ List 3.15. Key Participants Market Presence (Intensity Map) By Region
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4. Pricing Point Analysis 4.1. Price Point Assessment by Region 4.2. Price Point Assessment by Vehicle Type 4.3. Price Forecast till 2026 4.4. Factors Influencing Pricing 4.5. Value Chain Pricing Mark-ups
5. Global Automotive Exhaust Sensor Market Analysis and Forecast 2012-2026 5.1. Global Automotive Exhaust Sensor Market Size, Volume (Units) and Forecast By Vehicle Type, 2012-2026 5.1.1. Passenger Cars Market Size and Forecast, 2012-2026 5.1.1.1. Revenue (US$ Mn) & Volume (Unit) Comparison, By Region 5.1.1.2. Market Share Comparison, By Region 5.1.1.3. Y-o-Y growth Comparison, By Region 5.1.2. Light Commercial Vehicles Market Size and Forecast, 2012-2026 5.1.2.1. Revenue (US$ Mn) & Volume (Unit) Comparison, By Region 5.1.2.2. Market Share Comparison, By Region 5.1.2.3. Y-o-Y growth Comparison, By Region 5.1.3. Heavy Commercial Vehicles Market Size and Forecast, 2012-2026 5.1.3.1. Revenue (US$ Mn) & Volume (Unit) Comparison, By Region 5.1.3.2. Market Share Comparison, By Region 5.1.3.3. Y-o-Y growth Comparison, By Region 5.2. Global Automotive Exhaust Sensor Market Size, Volume (Units) and Forecast By Engine Type, 2012-2026 5.2.1. Gasoline Market Size and Forecast, 2012-2026 5.2.1.1. Revenue (US$ Mn) & Volume (Unit) Comparison, By Region 5.2.1.2. Market Share Comparison, By Region 5.2.1.3. Y-o-Y growth Comparison, By Region 5.2.2. Diesel Market Size and Forecast, 2012-2026 5.2.2.1. Revenue (US$ Mn) & Volume (Unit) Comparison, By Region 5.2.2.2. Market Share Comparison, By Region 5.2.2.3. Y-o-Y growth Comparison, By Region 5.3. Global Automotive Exhaust Sensor Market Size, Volume (Units) and Forecast By Sales Channel, 2012-2026 5.3.1. OEM Market Size and Forecast, 2012-2026 5.3.1.1. Revenue (US$ Mn) & Volume (Unit) Comparison, By Region 5.3.1.2. Market Share Comparison, By Region 5.3.1.3. Y-o-Y growth Comparison, By Region 5.3.2. Aftermarket Market Size and Forecast, 2012-2026 5.3.2.1. Revenue (US$ Mn) & Volume (Unit) Comparison, By Region 5.3.2.2. Market Share Comparison, By Region 5.3.2.3. Y-o-Y growth Comparison, By Region
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