Market Overview:
The global automotive oil condition sensor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for passenger cars and commercial vehicles, and the rising awareness about vehicle health and safety. The global automotive oil condition sensor market is segmented on the basis of type, application, and region. On the basis of type, it is divided into analog sensors, digital sensors, and others (including piezoelectric sensors). Analog sensors are further classified into temperature-based analogs and pressure-based analogs. Digital sensors are further classified into Hall Effect Sensors (HES)and magnetic flux leakage (MFL) based digital oil condition sensors. Others include piezoelectric pressure transducers that convert mechanical energy into electrical energy in response to an applied force or vibration). By application, it is segmented into passenger cars and commercial vehicles segments. Passenger car applications dominated the global automotive oil condition sensor market in 2017 with a share of more than 60%.
Product Definition:
An automotive oil condition sensor is a device that monitors the quality of engine oil. The importance of an automotive oil condition sensor is that it helps to ensure that the engine is running with clean, lubricated oil.
Analog Sensor:
Analog sensor is a type of sensor that measures continuously varying physical quantities and converts it to digital form for further processing. Analog sensors are widely used in various applications such as automotive, industrial, consumer electronics and medical equipment. The growth factor responsible for the increasing demand for analog sensors is their ability to provide accurate measurement at low power consumption levels making them suitable in wearable devices and other portable instruments where battery life is an important parameter.
Digital Sensor:
The digital sensor is a electronic device that responds to a change in the physical environment and converts this response into an electrical signal. The automotive oil condition sensor market has witnessed significant growth over the past few years owing to increasing demand for automobiles across the globe. These sensors are used in various applications such as air/fuel ratio, transmission temperature, coolant temperature, and engine oil pressure among others.
These sensors have replaced mechanical systems in modern vehicles making them more reliable.
Application Insights:
The passenger cars segment held the largest share of over 60.0% in 2017. The increasing penetration of digital technologies in passenger cars to improve fuel efficiency is expected to drive the demand for oil condition sensors over the forecast period. Condition monitoring systems for diesel and gasoline engines are integrated with engine control units (ECUs) that use oil pressure and temperature sensors to check engine health by monitoring Engine Oil Pressure (EOP) and Engine Temperature (ET).
Condition monitoring systems alert drivers about low-quality lubricants, which can damage engines, thereby influencing vehicle performance as well as driving safety on highways. Furthermore, these systems help reduce maintenance costs by detecting early signs of worn or damaged components before they cause major problems later on. These factors are anticipated to increase product adoption across various vehicle segments including light commercial vehicles, heavy commercial vehicles/railway trucks, marine diesel engines & gas turbine power plants among others during the forecast period.
Regional Analysis:
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing automobile production in countries such as China, India, and Japan. The growing population along with rising living standards has led to an increase in the number of vehicles on roads. This has resulted in increased demand for automotive oils across this region.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% in 2017 owing to stringent government regulations regarding fuel economy along with other factors such as vehicle weight and powertrain efficiency that are expected to have a positive impact on market growth over the next eight years.
Growth Factors:
- Increasing demand for automobiles: The global automotive oil condition sensor market is expected to grow at a CAGR of 6.5% during the forecast period, owing to the increasing demand for automobiles.
- Stringent emission norms: Stringent emission norms across different countries are driving the demand for automotive oil condition sensors as they help in detecting engine problems and optimize fuel efficiency, thereby reducing emissions from vehicles.
- Technological advancements: The advent of new technologies such as wireless communication and cloud-based services is aiding in the growth of the automotive oil condition sensor market by providing real-time information about vehicle health and performance to drivers and service centers.
- Rising awareness about vehicle maintenance: There is an increasing awareness among consumers regarding proper vehicle maintenance, which is resulting in an increase in the adoption of automotive oil condition sensors worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Oil Condition Sensor Market Research Report
By Type
Analog Sensor, Digital Sensor, Others
By Application
Passenger Cars, Commercial Vehicles
By Companies
Bosch (Germany), Dongfeng Electronic Technology Co., Ltd. (DETC) (China), TT Electronics (UK), IPU Group (UK), HELLA (Germany), Bosch (Germany)
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Oil Condition Sensor Market Report Segments:
The global Automotive Oil Condition Sensor market is segmented on the basis of:
Types
Analog Sensor, Digital Sensor, 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
Passenger Cars, Commercial Vehicles
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:
- Bosch (Germany)
- Dongfeng Electronic Technology Co., Ltd. (DETC) (China)
- TT Electronics (UK)
- IPU Group (UK)
- HELLA (Germany)
- Bosch (Germany)
Highlights of The Automotive Oil Condition 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:
- Analog Sensor
- Digital Sensor
- Others
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 Oil Condition 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
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- Understanding Competition Scenario
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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 oil condition sensor is a device that monitors the level of oil in an engine. If the level of oil falls below a certain threshold, the sensor will activate warning lights and/or sound alerts to indicate that it is time to add more oil.
Some of the major players in the automotive oil condition sensor market are Bosch (Germany), Dongfeng Electronic Technology Co., Ltd. (DETC) (China), TT Electronics (UK), IPU Group (UK), HELLA (Germany), Bosch (Germany).
The automotive oil condition sensor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Oil Condition 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 Oil Condition Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Oil Condition 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 Oil Condition 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 Oil Condition Sensor Market Size & Forecast, 2018-2028
4.5.1 Automotive Oil Condition Sensor Market Size and Y-o-Y Growth
4.5.2 Automotive Oil Condition Sensor Market Absolute $ Opportunity
Chapter 5 Global Automotive Oil Condition Sensor 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 Automotive Oil Condition Sensor Market Size Forecast by Type
5.2.1 Analog Sensor
5.2.2 Digital Sensor
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Oil Condition Sensor 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 Automotive Oil Condition Sensor Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Oil Condition 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 Oil Condition 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 Automotive Oil Condition Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Oil Condition Sensor 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 Automotive Oil Condition Sensor Market Size Forecast by Type
9.6.1 Analog Sensor
9.6.2 Digital Sensor
9.6.3 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 Automotive Oil Condition Sensor Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
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 Automotive Oil Condition Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Oil Condition Sensor 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 Automotive Oil Condition Sensor Market Size Forecast by Type
10.6.1 Analog Sensor
10.6.2 Digital Sensor
10.6.3 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 Automotive Oil Condition Sensor Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
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 Automotive Oil Condition Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Oil Condition Sensor 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 Automotive Oil Condition Sensor Market Size Forecast by Type
11.6.1 Analog Sensor
11.6.2 Digital Sensor
11.6.3 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 Automotive Oil Condition Sensor Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
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 Automotive Oil Condition Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Oil Condition Sensor 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 Automotive Oil Condition Sensor Market Size Forecast by Type
12.6.1 Analog Sensor
12.6.2 Digital Sensor
12.6.3 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 Automotive Oil Condition Sensor Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
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) Automotive Oil Condition Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Oil Condition Sensor 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) Automotive Oil Condition Sensor Market Size Forecast by Type
13.6.1 Analog Sensor
13.6.2 Digital Sensor
13.6.3 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) Automotive Oil Condition Sensor Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
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 Oil Condition Sensor Market: Competitive Dashboard
14.2 Global Automotive Oil Condition Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch (Germany)
14.3.2 Dongfeng Electronic Technology Co., Ltd. (DETC) (China)
14.3.3 TT Electronics (UK)
14.3.4 IPU Group (UK)
14.3.5 HELLA (Germany)
14.3.6 Bosch (Germany)
