Market Overview:
The global automotive temperature transducers 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 growing need for advanced safety features in vehicles. The global automotive temperature transducers market is segmented on the basis of type into thermistor type and thermocouple type. The thermistor type segment is expected to dominate the global automotive temperature transducers market during the forecast period, owing to its low cost and high accuracy. On the basis of application, the global automotive temperature transducers market is divided into passenger car and commercial vehicle segments.
Product Definition:
An automotive temperature transducer is a device that measures the temperature of a fluid or object and converts it into an electrical signal. The signal can then be used to measure or control the temperature of the fluid or object. Temperature transducers are important in automotive applications because they allow for accurate and precise measurement of temperatures, which is necessary for proper engine function.
Thermistor Type:
Thermistor Type is a passive temperature transducer that works on the principle of heat measurement. It is used in automotive temperature transducers to measure the engine coolant or battery pack temperatures. The working principle of these sensors involves measuring the resistance between two wires which are connected to two different points in an engine block, and then calculating the difference between them.
Thermocouple Type:
A thermocouple is a two-conductor, temperature-sensitive electrical device used for measuring temperatures. It consists of an insulating layer between two conductors that allow heat to flow between them. Thermocouples are available in different forms such as ceramic, metal oxide semiconductor (MOS), and fiber optic; depending on the application and cost factor.
Application Insights:
The passenger car segment held the largest share of over 60.0% in 2017. The application of temperature sensors in passenger cars is expected to witness significant growth on account of increasing demand for such devices from aftermarket industry players, who offer a wide range of products for vehicle diagnostics and repair services. These players are also likely to provide regular product updates with respect to new vehicle technology, which is further anticipated to propel market growth during the forecast period.
Commercial vehicles are projected to expand at the fastest CAGR exceeding 7% from 2018 to 2030 owingto rising demand across various regions including Asia Pacific and Middle East & Africa on account of growing need for commercial vehicles in these regions as they represent key markets for transporting goods across countries within these regions.
Regional Analysis:
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing sales of passenger cars and commercial vehicles. The growing automotive industry in China, India, Japan, and South Korea is expected to drive the market demand for temperature sensors in this region. Moreover, rising disposable income coupled with a growing preference for passenger cars among middle-class income groups will further propel regional growth during the forecast period.
The European automobile industry has been one of the most affected sectors by COVID-19 as several carmakers have reported about temporary or permanent closure due to lack of raw materials or components such as engine blocks and transmissions.
Growth Factors:
- Increasing demand for automobiles: The global automotive market is expected to grow at a CAGR of 4.5% from 2016 to 2020, reaching a value of .7 trillion by 2020. This growth is primarily attributed to the increasing demand for automobiles in developing countries such as China and India.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the globe in an effort to reduce environmental pollution levels. This is resulting in the increased adoption of advanced technologies such as automotive temperature transducers, which help vehicles meet these norms.
- Rising disposable income: A rise in disposable income has led to an increase in consumer spending on luxury items, including automobiles. This has resulted in an increase in demand for premium cars that are equipped with advanced features such as automotive temperature transducers sensors and modules .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Temperature Transducers Market Research Report
By Type
Thermistor Type, Thermocouple Type
By Application
Passenger Car, Commercial Vehicle
By Companies
Bosch, Sensata Technologies, Denso, BorgWarner, Continental, TE Connectivity, Hella, Panasonic, Valeo, TDK, Inzi Controls Co, Qufu Temb, Huagong Gaoli, Nippon Thermostat Co
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Temperature Transducers Market Report Segments:
The global Automotive Temperature Transducers market is segmented on the basis of:
Types
Thermistor Type, Thermocouple Type
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 Car, Commercial Vehicle
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
- Sensata Technologies
- Denso
- BorgWarner
- Continental
- TE Connectivity
- Hella
- Panasonic
- Valeo
- TDK
- Inzi Controls Co
- Qufu Temb
- Huagong Gaoli
- Nippon Thermostat Co
Highlights of The Automotive Temperature Transducers 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:
- Thermistor Type
- Thermocouple Type
- By Application:
- Passenger Car
- Commercial Vehicle
- 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 Temperature Transducers 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.
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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?
Automotive temperature transducers are devices that measure the internal temperature of an automotive engine or other component. This information is used to monitor and adjust the operating conditions of the component in order to maintain a desired engine performance.
Some of the key players operating in the automotive temperature transducers market are Bosch, Sensata Technologies, Denso, BorgWarner, Continental, TE Connectivity, Hella, Panasonic, Valeo, TDK, Inzi Controls Co, Qufu Temb, Huagong Gaoli, Nippon Thermostat Co.
The automotive temperature transducers 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 Temperature Transducers 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 Temperature Transducers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Temperature Transducers 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 Temperature Transducers 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 Temperature Transducers Market Size & Forecast, 2018-2028 4.5.1 Automotive Temperature Transducers Market Size and Y-o-Y Growth 4.5.2 Automotive Temperature Transducers Market Absolute $ Opportunity
Chapter 5 Global Automotive Temperature Transducers 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 Temperature Transducers Market Size Forecast by Type
5.2.1 Thermistor Type
5.2.2 Thermocouple Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Temperature Transducers 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 Temperature Transducers Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Temperature Transducers 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 Temperature Transducers 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 Temperature Transducers Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Temperature Transducers 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 Temperature Transducers Market Size Forecast by Type
9.6.1 Thermistor Type
9.6.2 Thermocouple Type
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 Temperature Transducers Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
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 Temperature Transducers Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Temperature Transducers 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 Temperature Transducers Market Size Forecast by Type
10.6.1 Thermistor Type
10.6.2 Thermocouple Type
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 Temperature Transducers Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
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 Temperature Transducers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Temperature Transducers 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 Temperature Transducers Market Size Forecast by Type
11.6.1 Thermistor Type
11.6.2 Thermocouple Type
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 Temperature Transducers Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
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 Temperature Transducers Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Temperature Transducers 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 Temperature Transducers Market Size Forecast by Type
12.6.1 Thermistor Type
12.6.2 Thermocouple Type
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 Temperature Transducers Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
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 Temperature Transducers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Temperature Transducers 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 Temperature Transducers Market Size Forecast by Type
13.6.1 Thermistor Type
13.6.2 Thermocouple Type
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 Temperature Transducers Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
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 Temperature Transducers Market: Competitive Dashboard
14.2 Global Automotive Temperature Transducers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Sensata Technologies
14.3.3 Denso
14.3.4 BorgWarner
14.3.5 Continental
14.3.6 TE Connectivity
14.3.7 Hella
14.3.8 Panasonic
14.3.9 Valeo
14.3.10 TDK
14.3.11 Inzi Controls Co
14.3.12 Qufu Temb
14.3.13 Huagong Gaoli
14.3.14 Nippon Thermostat Co