Global Automotive Pressure Sensor Industry Trends Analysis Report 2024, Forecast to 2032 (Broken Down by Type, End User, Regional Analysis, and Competitive Landscape)

China Automotive Pressure Sensor Market size was valued at USD 1798.09 Million in 2023 and is expected to reach USD 2647.08 Million in 2032, growing at a CAGR of 4.39% from 2023 to 2032.

The sensor is the front end that sends various parameters into the computer system for intelligent monitoring and control, so the performance of the sensor directly affects the data processing at the rear. Pressure sensors are the most widely used sensors in automobiles. They are mainly used to detect air bag storage pressure, transmission system fluid pressure, fuel injection pressure, engine oil pressure, intake pipe pressure, fluid pressure of air filtration system, etc.

In recent years, with the rapid development of the Internet and the Internet of Things, the application space of sensors in many emerging fields has been greatly expanded. In 2021, the Ministry of Industry and Information Technology issued the "Basic Electronic Components Industry Development Action Plan (2021-2023)" to support the development of key technologies for electronic components, focusing on the development of high-end sensors for temperature, gas, displacement, speed, photoelectricity, and biochemistry. And new MEMS sensors and intelligent sensors, focusing on promoting the application of electronic components such as automotive-grade sensors. As early as 2013, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the Ministry of Finance, and the National Standardization Management Committee formulated the "Action Plan for Accelerating the Development of the Sensor and Intelligent Instrument Industry" and proposed that by 2025, the sensor and intelligent instrument industry will The overall level has entered the world's advanced ranks, and the market share of high-end products and services has increased to more than 50%.
The development of new energy vehicles has realized the iteration of intelligent to non-intelligent while replacing the energy of vehicles. The bank believes that with the continuous improvement of the penetration rate of new energy vehicles and the level of driving automation, the number of single-vehicle sensors is expected to continue to grow.

China Market Region Overview:
Central China had the highest growth rate of all regions.
In 2022, the share of the Automotive Pressure Sensor market in 10.57%

China Market Company Overview:
Sensata Technologies is one of the major players in the automotive pressure sensor market with a 24.32% share in 2023.

Sensata Technologies is a global industrial technology company committed to creating a cleaner, more efficient, electrified and connected world. Through Sensata Technologies' broad portfolio of sensors, electrical protection components and sensor-rich solutions, valuable business insights are created to help customers meet increasingly complex engineering and operational performance requirements.

Bosch is one of Germany's industrial companies, engaged in the automotive and intelligent transportation technology, industrial technology, consumer goods and energy and building technology industries. Bosch Group is the world's largest automotive technology supplier. Bosch's business scope covers gasoline systems, diesel systems, automotive chassis control systems, automotive electronic drives, starters and generators, power tools, household appliances, transmission and control technology, Thermal technology and security systems, etc. Through the efforts and continuous innovation of Bosch people, the global network in R&D, production, sales, procurement and customer service reflects Bosch's consistent commitment to customers and end users. The solid backing of this commitment is the uncompromising Bosch global Quality standards and world-renowned German technology.

China Market Segmentation Overview:
The Chassis and safety system pressure sensors segment by type showed a value growth of 2.32% in 2022.
By type, Chassis and safety system pressure sensors segment accounted for the largest share of market in 2022.

China Market End User Overview:
By application, the Passenger car segment occupied the biggest share from 2018 to 2022.

This global Automotive Pressure Sensor market research report provides a comprehensive overview by conducting both qualitative and quantitative analysis of the market, sharing concrete numbers and thorough insights from different market segments. The quantitative analysis includes both historical and forecast data of various market segments, while the qualitative analysis of market dynamics including growth drivers, challenges, constraints, etc. provides in-depth insight into the market situation and prospects.

Besides, the study maps the leading as well as the fastest-growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.

As a crucial part of the Automotive Pressure Sensor market, we provide competitive landscape analysis which incorporates the market ranking of the major players, along with new service/product launches, business expansions, acquisitions, and performance in the past five years. That allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.

The readers of this report will understand how the Automotive Pressure Sensor market status has changed across the globe under the Russia-Ukraine War and inflation.

Key players in the global Automotive Pressure Sensor market are covered in Chapter 4 and Chapter 8:
Bolon Technology
DENSO
Shenzhen Ampeilong Technology Co., LTD
Bosch
Continental
Amphenol
TE Connectivity
Zhejiang Chint Automobile Technology Co., LTD
Wuhan Shendong Automotive Electronics Co., LTD
Sensata Technologies
Wuhan Feien Microelectronics Co., LTD
Jiangsu Olive Sensors High-Tech Co.,Ltd

In Chapter 6 and Chapter 9.1, on the basis of types, the Automotive Pressure Sensor market from 2019 to 2032 is primarily split into:
Powertrain Pressure Sensors
Driveline Pressure Sensor
Chassis and safety System pressure sensor
Body comfort system Pressure sensor

In Chapter 7 and Chapter 9.2, on the basis of End Users, the Automotive Pressure Sensor market from 2019 to 2032 covers:
Passenger car
Commercial vehicle

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical and forecast (2019-2032) of the following regions are covered in Chapter 5 and Chapter 10:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Spain
Russia
Poland
Others
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Others
Latin America
Mexico
Brazil
Others
Middle East and Africa
GCC
South Africa
Others

Outline:
This report consists of 11 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

Chapter 1 mainly defines the market scope and introduces the Automotive Pressure Sensor industry, with an executive summary of different market segments (by type, end user, region, etc.), and general regulatory environment analysis.

Chapter 2 is the analysis of the whole market industry chain, covering key raw materials and suppliers, business mode and production process, cost structure analysis, and alternative product, also providing information on major distributors, and downstream customers.

Chapter 3 provides a qualitative analysis of the market dynamics, including market drivers, constraints and challenges, emerging market trends, PESTEL analysis, consumer insights, and the impact of the Russia and Ukraine war.

Chapter 4 analyzes the current competitive situation of the market by providing data regarding the players, including their revenue and sales volume with corresponding market shares, and prices. In addition, information about market concentration rates, key product launch news, mergers & acquisitions, expansion plans will also be covered.

Chapter 5 focuses on the regional market, presenting detailed historical data (i.e. sales volume, revenue) of the most representative regions and countries in the world.

Chapters 6-7 analyze the historical market sales volume, revenue, share, and price by breaking data on the basis of different product types, as well as the downstream end-user market, with the aim of helping readers understand the market more deeply.

Chapter 8 shares a profile of the key players in the market, together with their corporation information, product portfolio and specification, market performance (i.e. sales volume, price, revenue, gross margin), business and markets served, recent developments/updates, etc.

Chapters 9-10 provide an analysis of the development trends over the next few years in terms of product type, end-users, major regions and countries.

Chapter 11 concludes with an explanation of the data sources and research methods. Analysis and verification are conducted through preliminary research to obtain final quantitative and qualitative data.

Years considered for this report:


Historical Years:

2019-2023

Base Year:

2023

Estimated Year:

2024

Forecast Period:

2024-2032

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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Maia-25808185

23-Nov-2023

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