Automotive Temperature Sensor Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Automotive Temperature Sensor Market was valued at USD 12.13 billion in 2020 and is expected to reach USD 8.47 billion by 2027, at a CAGR of 6% over the forecast period 2021 – 2027.

A sensor is a type of transducer that detects a difference in the environment due to mechanical changes and transmits it as an electrical or optical signal to its component. In automobiles, sensors are used to develop centralized control systems for vehicles. By installing sensors in the vehicle, it increases the reliability of the vehicle and the safety of its passengers. A variety of sensors are used in automobiles, such as pressure sensors, temperature sensors, position sensors, speed sensors, oxygen sensors, NOx sensors, and many others.

Market Segments

By Application Type

• Engine
• Transmission
• HVAC
• Exhaust
• Thermal Seats

By Product Type  

• Thermistor
• Resistance Temperature Detector
• Thermocouple
• IC Temperature Sensor
• MEMS Temperature Sensor
• Infrared Sensor

By Technology

• Contact
• Non-Contact

Key Players

The key players in the automotive temperature sensor market are Robert Bosch (Germany), Aptiv PLC (U.K.), Continental (Germany), Panasonic (Japan), TDK Corporation (Japan), TE Connectivity Ltd (Switzerland), RoHM Co. Ltd. (Japan), Microchip Technology Inc. (U.S.), TT Electronics (U.K.), ZF TRW Automotive (U.S.) and RFMicron (U.S.).

Scope of the Report

The research study analyzes the global Automotive Temperature Sensor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Temperature Sensor Market Report

1. What was the Automotive Temperature Sensor Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Automotive Temperature Sensor Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Temperature Sensor Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.