Market Overview:
The global automotive lambda engine sensor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fuel-efficient vehicles and rising awareness about vehicle emissions. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 2 zone, 3 zone, 4 zone, and others. The 2 zone lambda engine sensor segment dominates the global automotive lambda engine sensor market with a share of more than 50%. This can be attributed to its low cost and easy installation as compared to other types of sensors available in the market. On the basis of application, OEM accounts for majority share in terms of revenue followed by aftermarket segments respectively. Some key players operating in this industry include Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive LLP (UAE), Hitachi Ltd.
Product Definition:
An automotive lambda engine sensor is a device that measures the air-fuel ratio of an engine. This information is used by the vehicle's computer to adjust the fuel injection and ignition timing in order to maintain optimal combustion. The lambda engine sensor is important for achieving good fuel economy and minimizing emissions.
2 Zone:
2 zone is a term used for the measurement of oxygen content in an automotive fuel. It is done by measuring the percentage of oxygen in the exhaust gas that has entered into a mixture of air after being treated with an internal combustion engine. The 2-zone sensor market finds its application majorly in diesel vehicles, which have large engines and are used for long distances where accurate fuel gauging is important.
3 Zone:
The 3-zone Lambda engine sensor is a device that monitors and regulates the air/fuel mixture in an internal combustion engine. It is primarily used to control the air-to-fuel ratio in multi-point fuel injection systems. The primary applications of this product include gasoline engines, diesel engines, natural gas, LPG (liquefied petroleum gas), ethanol and other such liquid based fuels.
Application Insights:
OEM application dominated the overall market in terms of revenue share at over 60.0% in 2017. The high share is attributable to the extensive use of OEM sensors by various automotive manufacturers for developing and mass-producing electric vehicles, which are likely to drive product demand over the forecast period. Furthermore, stringent government regulations regarding reduction in vehicular emissions coupled with increasing consumer awareness regarding environment protection are expected to augment product demand from OEM applications during the forecast period.
The aftermarket segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to growing concerns among consumers about vehicle maintenance costs as well as fuel consumption and emission levels across various regions globally, especially North America.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing sales of Lambda sensor-equipped vehicles. The growing adoption of advanced driver assistant systems (ADAS) in China and Japan, which are among the largest markets for automobiles, is also likely to drive regional growth. Furthermore, rising disposable income and changing consumer preferences towards luxury cars with safety features are anticipated to further propel demand in this region.
Europe accounted for a significant share of global revenue in 2017 owing to high demand from Germany and other countries such as France, Italy, Spain and U.K., where automotive industry is well established. Moreover, presence of major automobile manufacturers such as Volkswagen Group; BMW Group; Mercedes Benz AG Daimler AG; Ferrari SPA.; AUDI AG; Porsche SE; Ford Motor Company PLC.; Volvo Car Corporation AB Volvo Car Corp.; Fiat Chrysler Automobiles N.V.; Skoda Auto Czech Republic A/Sjalotronic sro.
Growth Factors:
- Increasing demand for fuel-efficient vehicles: The global automotive lambda engine sensor market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for fuel-efficient vehicles. Lambda sensors help in detecting the air/fuel mixture and adjusting it accordingly, which results in improved fuel efficiency.
- Stringent emission norms: Stringent emission norms across different countries are driving the adoption of lambda engine sensors as they help in reducing emissions from vehicles. For instance, Euro 6 emission norm that came into effect in September 2015 mandates that all new passenger cars sold in Europe must have a lambda sensor fitted as standard equipment by January 1, 2017.
- Rising popularity of hybrid and electric vehicles: The global automotive lambda engine sensor market is also benefiting from the rising popularity of hybrid and electric vehicles (EVs). Lambda sensors play an important role in monitoring air/fuel mixture for these types of vehicles, helping them achieve better fuel economy and reduced emissions levels compared to traditional internal combustion engines (ICEs).
- Increasing R&D spending by automakers: Automakers are investing heavily in R&D activities aimed at developing next-generation technologies that can improve vehicle efficiency and reduce emissions levels further still; this is resulting indirectly in increased demand for lambda engine sensors across the globe . For instance, Ford Motor Company announced plans to invest USD 11 billion over five years (2016–2020) towards development of new products and
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Lambda Engine Sensor Market Research Report
By Type
2 Zone, 3 Zone, 4 Zone, Others
By Application
OEM, Aftermarket
By Companies
Air International Thermal Systems, Behr-Hella Thermocontrol GmbH, DENSO CORPORATION, ESTRA, Hanon Systems, MAHLE GmbH, Sanden Holdings Corporation, VALEO, Vishay Intertechnology, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Lambda Engine Sensor Market Report Segments:
The global Automotive Lambda Engine Sensor market is segmented on the basis of:
Types
2 Zone, 3 Zone, 4 Zone, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Air International Thermal Systems
- Behr-Hella Thermocontrol GmbH
- DENSO CORPORATION
- ESTRA
- Hanon Systems
- MAHLE GmbH
- Sanden Holdings Corporation
- VALEO
- Vishay Intertechnology, Inc.
Highlights of The Automotive Lambda Engine Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2 Zone
- 3 Zone
- 4 Zone
- Others
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Lambda Engine Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive lambda engine sensor is a device that monitors various engine parameters, such as air/fuel mixture, exhaust gas temperature (EGT), and crankcase pressure. These sensors are used to optimize the performance of an engine and improve fuel economy.
Some of the key players operating in the automotive lambda engine sensor market are Air International Thermal Systems, Behr-Hella Thermocontrol GmbH, DENSO CORPORATION, ESTRA, Hanon Systems, MAHLE GmbH, Sanden Holdings Corporation, VALEO, Vishay Intertechnology, Inc..
The automotive lambda engine sensor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Lambda Engine Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Lambda Engine Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Lambda Engine Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Lambda Engine Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Lambda Engine Sensor Market Size & Forecast, 2020-2028
4.5.1 Automotive Lambda Engine Sensor Market Size and Y-o-Y Growth
4.5.2 Automotive Lambda Engine Sensor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 2 Zone
5.2.2 3 Zone
5.2.3 4 Zone
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Lambda Engine Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Lambda Engine Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 2 Zone
9.6.2 3 Zone
9.6.3 4 Zone
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 2 Zone
10.6.2 3 Zone
10.6.3 4 Zone
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 2 Zone
11.6.2 3 Zone
11.6.3 4 Zone
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 2 Zone
12.6.2 3 Zone
12.6.3 4 Zone
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 2 Zone
13.6.2 3 Zone
13.6.3 4 Zone
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Lambda Engine Sensor Market: Competitive Dashboard
14.2 Global Automotive Lambda Engine Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Air International Thermal Systems
14.3.2 Behr-Hella Thermocontrol GmbH
14.3.3 DENSO CORPORATION
14.3.4 ESTRA
14.3.5 Hanon Systems
14.3.6 MAHLE GmbH
14.3.7 Sanden Holdings Corporation
14.3.8 VALEO
14.3.9 Vishay Intertechnology, Inc.
