Powertrain Sensors Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The powertrain sensor market is projected to grow at a CAGR of 3% to reach USD 24.7 billion by 2028, from an estimated USD 19.8 billion in 2019. Increasing adoption of powertrain sensors required for better fuel economy and decrease in carbon emissions are the primary enablers for the growth of the powertrain sensor market. However, decreasing price of powertrain sensors would restrain the growth of the powertrain sensor market during the forecast period.

Company Profile

• Allegro Microsystems LLC
• Amphenol Advanced Sensors
• ams AG
• CTS Corporation
• Hella
• NXP
• Renesas
• Robert Bosch
• Texas Instruments Incorporated

Market Segmentation

Based on sensor type for ICE vehicle

• Position sensor
• Speed sensor
• Pressure sensor
• Temperature sensor

Based on sensor type for EV

• Position sensor
• Temperature sensor     
• Current sensor
• Voltage sensor

Based on propulsion type

• ICE
• EV

Based on powertrain subsystem

• Engine
• Drivetrain
• Exhaust

Scope of the Report

The research study analyzes the Powertrain Sensors 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 Powertrain Sensors Market Report

1. What was the Powertrain Sensors Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Powertrain Sensors Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Powertrain Sensors 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.