Market Overview:
The global automotive room temperature sensor market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The increasing demand for passenger cars and commercial vehicles across the globe is expected to drive the growth of the global automotive room temperature sensor market during the forecast period. The global automotive room temperature sensor market has been segmented on the basis of type, application, and region. On the basis of type, analog sensors are expected to account for a larger share in terms of revenue as compared to digital sensors during 2018-2030. Analog sensors are widely used in various applications such as HVAC systems, engine management systems (EMS), powertrain control modules (PCM), transmission control units (TCU) among others owing their ability provide accurate readings even under extreme environmental conditions.
Product Definition:
An automotive room temperature sensor is a device used to measure the temperature of a vehicle's interior. This information can be used to adjust the climate control system accordingly, in order to maintain a comfortable environment for passengers.
Analog Sensors:
Analog sensors are the most basic form of sensing devices. They work on the basis of varying levels of physical stimulus and respond to those variations with a fixed set of values. These sensors can be used in various applications such as air pressure, temperature, position, motion and liquid level among others.
Digital Sensors:
The digital sensors market is expected to witness significant growth over the forecast period owing to increasing demand for automotive applications. The automotive industry has been experiencing a rapid change in terms of technology and design, which has led to increased use of digital sensors. These sensors are used in numerous applications such as keyless entry systems, adaptive cruise control systems, tire pressure monitoring system (TPMS), electronic stability control (ESC) and anti-lock braking system (ABS).
Application Insights:
The passenger cars segment accounted for the largest revenue share of over 60% in 2017. The demand is generally higher in the summer months than in other times of the year. This may be attributed to a rise in road travel due to increased disposable income and population, especially across developing countries such as China and India. Moreover, government initiatives encouraging people to use public transport are expected to further drive growth over the forecast period.
Commercial vehicles are estimated to expand at a CAGR of XX% from 2018 to 2030 owing to increasing investments by companies operating within logistics and transportation sectors such as DHL, UPS, TNT etc., which are majorly based on North America and Europe regions respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing vehicle production in countries, such as India, Indonesia, and China. Moreover, rising disposable income of consumers and improving standards of living are anticipated to fuel automobile sales in this region.
The European market accounted for a significant share owing to stringent government regulations regarding vehicular emissions coupled with technological advancements pertaining room temperature sensors (RTRTMs). For instance, OE manufacturers incorporate RTRTM into their vehicles by means of retrofitting them with new or replacement sensors aftermarket or OEMs install them during manufacturing process itself thereby reducing overall carbon footprint associated with vehicle operations. North America also held a considerable share due to high demand from fleet operators as well as passenger car owners who are highly concerned about vehicular emissions and would like their cars equipped accordingly.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry in developing countries
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive room temperature sensors
- Stringent government regulations for vehicle emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Room Temperature Sensor Market Research Report
By Type
Analog Sensors, Digital Sensors
By Application
Passenger Cars, Commercial Vehicles
By Companies
HELLA (Germany), Hokuto Denki (Japan), Nippon Seiki (Japan), Ohizumi (Japan), Shibaura Electronics (Japan), Tohoku Shibaura Electronics (Japan), TT Electronics (UK), HELLA (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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Room Temperature Sensor Market Report Segments:
The global Automotive Room Temperature Sensor market is segmented on the basis of:
Types
Analog Sensors, Digital Sensors
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:
- HELLA (Germany)
- Hokuto Denki (Japan)
- Nippon Seiki (Japan)
- Ohizumi (Japan)
- Shibaura Electronics (Japan)
- Tohoku Shibaura Electronics (Japan)
- TT Electronics (UK)
- HELLA (Germany)
Highlights of The Automotive Room Temperature 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 Sensors
- Digital Sensors
- 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 Room Temperature 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
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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 room temperature sensor is a device that monitors the temperature of a car's interior. This sensor can be used to determine when the car is too cold or too hot, and can automatically adjust the air conditioning or heating system accordingly.
Some of the major companies in the automotive room temperature sensor market are HELLA (Germany), Hokuto Denki (Japan), Nippon Seiki (Japan), Ohizumi (Japan), Shibaura Electronics (Japan), Tohoku Shibaura Electronics (Japan), TT Electronics (UK), HELLA (Germany).
The automotive room temperature sensor market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Room Temperature 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 Room Temperature Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Room Temperature 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 Room Temperature 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 Room Temperature Sensor Market Size & Forecast, 2018-2028
4.5.1 Automotive Room Temperature Sensor Market Size and Y-o-Y Growth
4.5.2 Automotive Room Temperature Sensor Market Absolute $ Opportunity
Chapter 5 Global Automotive Room Temperature 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 Room Temperature Sensor Market Size Forecast by Type
5.2.1 Analog Sensors
5.2.2 Digital Sensors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Room Temperature 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 Room Temperature 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 Room Temperature 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 Room Temperature 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 Room Temperature Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Room Temperature 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 Room Temperature Sensor Market Size Forecast by Type
9.6.1 Analog Sensors
9.6.2 Digital Sensors
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 Room Temperature 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 Room Temperature Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Room Temperature 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 Room Temperature Sensor Market Size Forecast by Type
10.6.1 Analog Sensors
10.6.2 Digital Sensors
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 Room Temperature 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 Room Temperature Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Room Temperature 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 Room Temperature Sensor Market Size Forecast by Type
11.6.1 Analog Sensors
11.6.2 Digital Sensors
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 Room Temperature 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 Room Temperature Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Room Temperature 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 Room Temperature Sensor Market Size Forecast by Type
12.6.1 Analog Sensors
12.6.2 Digital Sensors
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 Room Temperature 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 Room Temperature Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Room Temperature 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 Room Temperature Sensor Market Size Forecast by Type
13.6.1 Analog Sensors
13.6.2 Digital Sensors
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 Room Temperature 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 Room Temperature Sensor Market: Competitive Dashboard
14.2 Global Automotive Room Temperature Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HELLA (Germany)
14.3.2 Hokuto Denki (Japan)
14.3.3 Nippon Seiki (Japan)
14.3.4 Ohizumi (Japan)
14.3.5 Shibaura Electronics (Japan)
14.3.6 Tohoku Shibaura Electronics (Japan)
14.3.7 TT Electronics (UK)
14.3.8 HELLA (Germany)
