Global Narrow Domain Automotive Oxygen Sensor Market Size, Share, and Trends Analysis Report, By Type (Titanium Oxide and Zirconia) and By Application (Commercial Vehicles and Passenger Vehicles), Forecast (2022-2028)

The narrow domain automotive oxygen sensor market is anticipated to grow at a significant CAGR of 3.6% during the forecast period (2022-2028). A narrow domain automotive oxygen sensor detects the quantity of oxygen in the exhaust gas and transmits that information to the ECU. The ECU then makes the necessary adjustments to the air/fuel mixture. A titanium oxide type narrow domain automotive oxygen sensor measures the quantity of oxygen in the exhaust gas using the titration principle. It has a faster reaction time and can withstand a broader temperature range than conventional oxygen sensors. The major factor contributing to the growth of the market includes the rising awareness among people regarding pollution due to the alarming rise in pollution levels globally.

 

The global narrow domain automotive oxygen sensor market is segmented based on type and application. Based on the type, the market is sub-segmented into titanium oxide and zirconia. Based on the application, the market is sub-segmented into passenger vehicles and commercial vehicles. Among these applications, the commercial vehicles segment is expected to propel the growth of the market due to the increasing usage of narrow domain automotive oxygen sensors in commercial vehicles for reducing pollution levels.

 

The market players are also contributing significantly to the market’s growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in July 2019, STMicroelectronics and Arrow Electronics announced a full reference design ECU for the electronic fuel injection to help the car industry satisfy impending pollution requirements for single- and twin-cylinder gasoline engines (EFI). STMicroelectronics and Arrow Electronics have teamed up to provide an electronic fuel-injection reference design that complies with the new Small Engine Emission Regulation. The SPC5-L9177A-K02 ECU reference design is aimed toward small engines of motorcycles, scooters, and three-wheelers that must comply with impending Euro 5, Bharat Stage VI (BSVI), China IV, and beyond, as well as generators, nautical engines, and agricultural engines with EFI ECU. The SPC572L Line 32-bit Power Architecture automotive-powertrain microcontroller and L9177A high-integration IC housing power supply, interfaces, and load actuators are crucial components of this reference design.

 

 

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- NGK Co. Ltd., Robert Bosch Inc., Denso Corp., Delphi Technologies Inc., Hyundai Kefico Corp., and United Automotive Electronic Systems Co. Ltd., among others.

 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

 

Global Narrow Domain Automotive Oxygen Sensor Market Report by Segment

By Type

• Titanium Oxide
• Zirconia

By Application

• Passenger Vehicles
• Commercial Vehicles

 

Global Narrow Domain Automotive Oxygen Sensor Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa