Global Vehicle Emission Sensor Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Sensor Type (O2 Sensor, NOx Sensor), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), And By Geography - Forecasts From 2022 To 2027

Published:  Jun 2022 Report Code: KSI061613128 Pages: 140

The global vehicle emission sensor market is projected to grow at a CAGR of 2.01% during the forecast period to reach US$4.496 billion by 2027, from US$3.911 billion in 2020. An emission sensor, a highly sensitive electric device, is used to detect the proportion of oxygen in the emitted gas mixture. It is located in the exhaust pipe, where it detects and measures the concentration of the exhaust gas emitted by the internal combustion engine of automobiles. The vehicle emission sensors are divided into two types based on the type of emission gases they detect and measure: Nitric Oxide sensors, Oxygen sensors, and others. Nitric Oxide is a by-product produced during fuel combustion and is a highly harmful pollutant. The Nitric Oxide sensors detect the presence of nitrogen dioxide in the exhaust gases and produce an electric signal corresponding to the concentration of nitrogen dioxide in the emissions. As the name implies, Oxygen sensors detect and measure the concentration of oxygen levels in the gas mixture. It helps to detect how much fuel is being combusted and adjust the air-to-fuel mixture ratio accordingly. These sensors act as a check to monitor the air-to-fuel mixture and then optimize its performance based on that performance. The other types of sensors include particular matter sensors, engine coolant matter sensors, and MAP/MAF sensors. These sensors help in keeping emission control and fuel economy in check. The market's growth is attributed to the increase in automobile demand and production and the rising pollution caused by automobile emissions.

The ever-increasing demand for automobiles and the alarming increase in pollution has significantly fuelled the vehicle emission sensor market.

Furthermore, in the past few years, the automobile industry has seen an increase in the adoption of electric vehicles, which heavily use emission sensors to conserve the environment. Electric cars help protect the environment by reducing greenhouse gas emissions and promoting renewable energy sources that tend to leave a lower carbon footprint. In September 2021, the Union Cabinet approved a Rs 26,058 crore production-linked incentive (PLI) scheme to accelerate the domestic manufacturing of electric and fuel cell vehicles in India. For example, in an effort to incentivize modern-day technologies and to fulfil the COP26 pledge to reduce carbon emissions to zero by 2070, India has begun aggressively promoting the adoption of electric vehicles. India has also aimed to switch 30% of private cars, 80% of two and three-wheelers, and 70% of commercial vehicles to electric vehicles by the year 2030, further increasing the market for vehicle emission sensors in the said country. With the aim of selling 5 million electric cars globally by 2030, Stellntis has collaborated with LG Energy  Solutions to invest about 4.1 billion dollars in a new facility in Canada, where the two will produce batteries for electric vehicles. Once the facility is all set up, the plant is expected to have an annual production of 45 gigawatt-hours, approximately. This initiative will also create more than 2,500 new jobs. Similar initiatives are taking place in several other countries across the globe.

Furthermore, the increasingly stringent emission norms and surging penetration of diesel vehicles have also propelled the automotive exhaust sensor market growth. According to WHO estimates, in 2021, 7 million people will die globally from various air pollution sources. Of those, 4.2 million die prematurely every year due to outdoor air pollution, while 3.8 million die from indoor air pollution. The implementation of euro VII, to be announced in 2022, is expected to have even more stringent regulations to reduce CO2 emissions. The Chinese government is also aggressively trying to curb emissions throughout the country. From January 1, 2021, and July 2021, all light-duty vehicles and high-duty vehicles, respectively, are required to meet the standards of 6a. The main objective of this norm was to remove thousands of tonnes of harmful pollutants from the country’s environment. Such norms have led to an increase in the demand for vehicle sensors. During the forecasted period, Asia in particular is anticipated to dominate a significant proportion of the market.

Increasing growth in the automobile industry in the Asia Pacific, particularly in India and China, is estimated to support the market growth during the projected period. 

According to OICA statistics, Asia Pacific produced about 4,67,32,785 units in 2021, with a 4% leap compared to 2020. In the Asia Pacific, China and India occupied the dominant positions. China produced about 25,225,242 units in 2021, showing a 3% increase in production compared to the previous year. At the same time, India had produced about 4,399,112 units in the same year. Following the Asia Pacific, America and Europe followed closely, with approximately 16 million production units.

Covid-19 Insights

The COVID-19 pandemic had a negative impact on the global vehicle sensor market. This is because the outbreak had a significant impact on the automotive industry, which led to a negative impact on the vehicle sensor industry as well. Few factors such as household income, epidemic severity, and travel vulnerabilities led to a decline in demand in the automobile industry which lowered the demand for vehicle sensor market from end-user industries. According to OICA, the number of units produced in 2021 fell to 77,621,582 units from 92,175,805 in 2020 worldwide. Overall, the year 2021 saw a decline of 15.8% in the production of motor vehicles globally.

Global Vehicle Emission Sensor Market Scope:

Report Metric Details
 Market size value in 2020  US$3.911 billion
 Market size value in 2027  US$4.496 billion
 Growth Rate  CAGR of 2.01% from 2020 to 2027
 Base year  2020
 Forecast period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments covered  Sensor Type, Vehicle Type, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered DEPUSA, TE Connectivity, Sensors, Inc., Littelfuse, Inc., DENSO, Continental AG, Delphi Auto Parts, BBT Automotive Components GmbH, ACDelco, NGK Spark Plugs
 Customization scope  Free report customization with purchase

Market Segmentation:

  • By Sensor Type
    • O2 sensor
    • NOx sensor
  • By Vehicle Type
    • Passenger Vehicle
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle
  • By Geography
    • North America
        • USA
        • Canada
        • Mexico
      • South America
        • Brazil
        • Argentina
        • Others
      • Europe
        • Germany
        • France
        • United Kingdom
        • Italy
        • Others
      • The Middle East and Africa
        • Saudi Arabia
        • Israel
        • Others
      • Asia Pacific
        • China
        • Japan
        • South Korea
        • India
        • Others

Frequently Asked Questions (FAQs)

Q1. What is the size of the global vehicle emission sensor market?
A1. Vehicle Emission Sensor Market was valued at US$3.911 billion in 2020.


Q2. What will be the vehicle emission sensor market size by 2027?
A2. The global vehicle emission sensor market is projected to reach a market size of US$4.496 billion by 2027.


Q3. What are the growth prospects for the vehicle emission sensor market?
A3. The vehicle emission sensor market is projected to grow at a CAGR of 2.01% over the forecast period.


Q4. Which region holds the maximum market share in the vehicle emission sensor market?
A4. The Asia Pacific is expected to dominate the vehicle emission sensor market.


Q5. What factors are anticipated to drive the vehicle emission sensor market growth?
A5. The ever-increasing demand for automobiles and the alarming increase in pollution has significantly fuelled the vehicle emission sensor market.

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation

2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The Threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis

5. Global Vehicle Emission Sensors Market Analysis, BY SENSOR TYPE
5.1. Introduction
5.2. O2 Sensor
5.3. NOx Sensor

6. Global Vehicle Emission Sensors Market Analysis, BY VEHICLE TYPE
6.1. Introduction
6.2. Passenger Vehicle
6.3. Light Commercial Vehicle
6.4. Heavy Commercial Vehicle

7. Global Vehicle Emission Sensors Market Analysis, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. By Sensor Type    
7.2.2. By Vehicle Type
7.2.3. By Country
7.2.3.1. United States
7.2.3.1.1    By Sensor Type
7.2.3.1.2 By Vehicle Type
7.2.3.2. Canada
7.2.3.2.1 By Sensor Type
7.2.3.2.2 By Vehicle Type
7.2.3.3. Mexico
7.2.3.3.1 By Sensor Type
7.2.3.3.2 By Vehicle Type
7.3. South America
7.3.1. By Sensor Type
7.3.2. By Vehicle Type
7.3.3. By Country
7.3.3.1. Brazil
7.3.3.1.1 By Sensory Type
7.3.3.1.2 By Vehicle Type
7.3.3.2. Argentina
7.3.3.2.1 By Sensory Type
7.3.3.2.2 By Vehicle Type
7.3.3.3. Others
7.4. Europe
7.4.1. By Sensory Type
7.4.2. By Vehicle Type
7.4.3. By Country
7.4.3.1. Germany
7.4.3.1.1 By Sensory Type
7.4.3.1.2 By Vehicle Type
7.4.3.2. France
7.4.3.2.1 By Sensory Type
7.4.3.2.2 By Vehicle Type
7.4.3.3. United Kingdom
7.4.3.3.1 By Sensory Type
7.4.3.3.2 By Vehicle Type
7.4.3.4. Spain
7.4.3.4.1 By Sensory Type
7.4.3.4.2 By Vehicle Type
7.4.3.5. Others
7.5. The Middle East and Africa
7.5.1. By Sensory Type
7.5.2. By Vehicle Type
7.5.3. By Country
7.5.3.1. Saudi Arabia
7.5.3.1.1 By Sensory Type
7.5.3.1.2 By Vehicle Type
7.5.3.2. Israel
7.5.3.2.1 By Sensory Type
7.5.3.2.2 By Vehicle Type
7.5.3.3. UAE
7.5.3.3.1 By Sensory Type
7.5.3.3.2 By Vehicle Type
7.5.3.4. Others
7.6. Asia Pacific
7.6.1. By Sensory Type
7.6.2. By Vehicle Type 
7.6.3. By Country
7.6.3.1. China
7.6.3.1.1 By Sensory Type
7.6.3.1.2 By Vehicle Type
7.6.3.2. Japan
7.6.3.2.1 By Sensory Type
7.6.3.2.2 By Vehicle Type
7.6.3.3. South Korea
7.6.3.3.1 By Sensory Type
7.6.3.3.2 By Vehicle Type
7.6.3.4. India
7.6.3.4.1 By Sensory Type
7.6.3.4.2 By Vehicle Type
7.6.3.5. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrative
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES
9.1. DEPUSA
9.2. TE Connectivity
9.3. Sensors, Inc.
9.4. Littelfuse, Inc.
9.5. DENSO
9.6. Continental AG
9.7. Delphi Auto Parts
9.8. BBT Automotive Components GmbH
9.9. ACDelco
9.10. NGK Spark Plugs

DEPUSA

TE Connectivity

Sensors, Inc.

Littelfuse, Inc.

DENSO

Continental AG

Delphi Auto Parts

BBT Automotive Components GmbH

ACDelco

NGK Spark Plugs

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