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Global Automotive Engine Coolant Temperature Sensor Market
Global Automotive Engine Coolant Temperature Sensor Market size was valued at US $ XX Mn. in 2019 and is expected to grow at a CAGR of XX% over 2020-2026. Automotive Engine Coolant Temperature Sensors are used in the vehicle to measure the temperature of vehicle coolant. Automotive Engine Coolant Temperature Sensors are installed on the vehicle coolant system pipeline. The sensor gives input to the vehicle ECU to control the temperature of the vehicle engine under the permissible limit. The temperature reading is recorded in ECU according to that ECU decides ideal condition for a vehicle to efficient work. The ECU controls fuel injection, fuel mix, and ignition timing, to meet optimum efficient vehicle conditions. ECU recorded temperature is continuously displayed on the dashboard, a high-temperature warning is also given to the driver in case of any abnormality in the cooling system can be checked before complete breakdown of the vehicle due to high temperature. Automotive engine cooling system is very essential part of a vehicle for efficient and continuous running of the vehicle. The report covers the detailed analysis global ...
... Automotive Engine Coolant Temperature Sensor industry with the classifications of the market on the sensor type, vehicle type, sales channel, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it. The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in the Asia Pacific region. The major country’s policies about the automotive and its impact on chassis sensor manufacturers are covered in the report. Global Automotive Engine Coolant Temperature Sensor Market To know about the Research Methodology :- Request Free Sample Report Similar to other automotive sensors, the drivers that have contributed to the growth of temperature sensors in the vehicle are government and automotive association mandates, Technical advancements in automotive systems, Customer demand for advanced technologies. Governments all over the globe are concern about vehicle safety, fuel efficiency, and emission caused by the vehicle. These condition leads to strong regulations implementation on the vehicle to build complex and additional safety and vehicle efficiency improving system. The main objective of an automotive coolant temperature sensor to maintain vehicle engine temperature under the specified limit to optimize the performance of the engine and power transmission system, which will improve the fuel economy and reduce emissions from the vehicle. Technical advancement in temperature sensors is expected to boost the market during the forecast period. Growth in an electronic system in a vehicle is driving the need for a temperature sensor within the vehicle to provide feedback on the parameters being controlled. This expansion of the vehicle electronics system and lower-end vehicles was enabled electronic more temperature control sensors are expected to drive the market.
It is expected that Passenger vehicles will cover XX % share of the total Automotive Engine Coolant Temperature Sensor market in the forecast period.
The growth in the automotive sector and increasing industrialization driving the growth of the chassis sensor market. Global passenger vehicle sell was about 80 million units in 2017. China is the largest market for automotive in terms of vehicle production and sales. The passenger vehicle segment is expected to grow at a CAGR of xx% during the forecast period. The passenger vehicle segment held a dominant position in the market, with a market value of US$ XX Mn in 2019. Increasing demand for personal automotive, increasing demand for intercity transportation driving the growth of passenger vehicle. Global Automotive Engine Coolant Temperature Sensor Market1 The government all over the world focusing on vehicle safety and improving vehicle performance. Stringent vehicle safety standards mandates manufacturers to install advance technologies and sensors for the safety of vehicle. Automotive manufacturers are started their shift to develop and install more reliable control system devices in the vehicle. In May 2019, DENSO CORPORATION invested US$ 290 Mn in Guangzhou, China for building a new plant. The plant is expected to start production in 2021, and the plant is built to produce chassis control systems, engine control systems, vehicle components, and other materials.
Global Automotive Engine Coolant Temperature Sensor Market Regional Insights
Global Automotive Engine Coolant Temperature Sensor Market2
Asia-Pacific holds a dominant position over the forecast period and is expected to reach US$ xx Mn. by 2026.
The Asia Pacific has significant market growth at a CAGR of XX% during the forecast period. Thanks to the low manufacturing cost and a large number of automotive component manufacturers in, Asia-Pacific the Automotive Engine Coolant Temperature Sensor market is expected to grow at a CAGR of XX% over the forecast period. The rise in the good amount of spending, growing population, government initiative for business growth, growth in alternative fuel use are driving the demand for Automotive Engine Coolant Temperature Sensor. China has a major Automotive Engine Coolant Temperature Sensor market share in the Asia Pacific region. New product launches and collaboration of automotive component manufacturers driving the growth of chassis sensor market in APAC region. The objective of the report is to present a comprehensive analysis of the Global Automotive Engine Coolant Temperature Sensor Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Automotive Engine Coolant Temperature Sensor Market dynamics, structure by analyzing the market segments and project the Global Automotive Engine Coolant Temperature Sensor Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Automotive Engine Coolant Temperature Sensor Market make the report investor’s guide.
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Global Automotive Engine Coolant Temperature SensorMarket, By Distribution Channel
• OEM • Aftermarket
Global Automotive Engine Coolant Temperature SensorMarket, by Sensor Type
• Negative temperature coefficient (NTC) sensor • Positive temperature coefficient (PTC) sensor
Global Automotive Engine Coolant Temperature SensorMarket, By Vehicle Type
• Passenger vehicle • Commercial vehicle • Electric vehicle • Hybrid vehicle • Temperature Sensor
Global Automotive Engine Coolant Temperature SensorMarket, by Region
• Asia Pacific • North America • Europe • South America • Middle East & Africa
Key players operating in Global Automotive Engine Coolant Temperature Sensor Market
• Delphi • Standard Motor Products • Honeywell • Robert Bosch GmbH • DENSO CORPORATION • ACDelco • Dorman Products, Inc. • Amphenol Sensors. • Robert Bosch • Continental • Panasonic • Delphi • TDK Corporation
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