Market Overview:
The global car crankshaft position sensor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, factors such as rising disposable income, technological advancements, and growing awareness about vehicle safety are also contributing to the growth of this market. The global car crankshaft position sensor market is segmented on the basis of type, application, and region. On the basis of type, Hall Effect Sensor dominates the global car crankshaft position sensor market followed by Magneto Resistive Sensor and Inductive Sensor segments respectively. On account of increasing demand for electric vehicles (EVs), Hall Effect Sensors are expected to witness high growth rates during 2018-2030 period across all regions globally.
Product Definition:
The car crankshaft position sensor is a small device that is used to track the position of the crankshaft in the engine. This information is used by the engine control unit to help regulate ignition and fuel injection. The car crankshaft position sensor is important because it helps keep the engine running smoothly and ensures that fuel is delivered properly.
Hall Effect Sensor:
The Hall Effect sensor is a sensing device that utilizes the effect of electric current imbalance or magnetic field fluctuations created by permanent magnets to detect position, speed and other parameters of a vehicle. The technology was firstly developed for automotive applications but has since been used in various other industries such as medical, food & beverage and manufacturing.
The global car crankshaft position sensor market size was valued at USD 1.22 billion in 2015.
Magneto Resistive:
The magneto resistive element is a device that generates an electrical signal in response to the magnetic field applied to it. The most commonly used material for making Magneto Resistive elements are Ferrite Beads, Electron-Bearing Wires and N35 Neodymium Iron Oxide.
Advantages of using Magneto Resistive over other technologies include compact size, low cost.
Application Insights:
The passenger vehicle segment dominated the global car crankshaft position sensor market in 2017 and is expected to maintain its dominance over the forecast period. The increasing number of electric vehicles has resulted in a decline in demand for diesel and petrol cars, which has positively impacted the growth of this segment. Moreover, stringent regulations regarding pollution control are likely to drive demand further.
Commercial vehicle application was estimated at USD 194.2 million in 2017 owing to an increase in commercial vehicles across developing countries such as India and China on account of growing industrialization and urbanization trends thereoveracting as a key factor driving product demand from that region over the forecast period. In addition, factors such as rising disposable income levels among consumers coupled with high living standards have ledto an increased numberof luxury trucks across developed countries like Germany, Franceand U.K.
Regional Analysis:
The North American regional market dominated the global car crankshaft position sensor industry in 2016 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for advanced driver assistance systems (ADAS) coupled with stringent government regulations regarding vehicle emissions. Hall Effect Sensor-based sensors are widely used in this region as they offer high immunity against magnetic fields thus making them suitable for use in harsh environmental conditions such as off-road vehicles and heavy commercial vehicles.
Asia Pacific is anticipated to emerge as a lucrative regional market over the next eight years owing to rising product demand from developing countries such as India, China, South Korea, and Japan among others. The growing adoption of electric cars across these regions will also contribute significantly towards product demand thereby driving growth during the forecast period.
Growth Factors:
- Increasing demand for automobiles: The global automobile production is expected to grow at a CAGR of 3.5% during the forecast period, owing to the increasing disposable income and changing lifestyle of consumers. This is expected to result in an increase in the demand for car crankshaft position sensors, which will subsequently drive the growth of this market.
- Technological advancements: The development of new technologies has led to the introduction of advanced car crankshaft position sensors that are equipped with features such as enhanced accuracy and durability. This is anticipated to boost the growth of this market in the coming years.
- Rising awareness about vehicle safety: There has been a rise in awareness among consumers about vehicle safety features over recent years, which has resulted in an increase in demand for car crankshaft position sensors across different regions worldwide. This trend is projected to continue during the forecast period, thereby propelling market growth..
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Crankshaft Position Sensor Market Research Report
By Type
Hall Effect Sensor, Magneto Resistive, Inductive Sensor, Optical Sensor
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Allegro MicroSystems Inc, ACDelco Corporation, Vemo, Honeywell International Inc., Robert Bosch GmbH, Beck Arnley, BorgWarner Inc., Denso Corporation, Valeo S.A., Dorman Products Inc., Spectra Premium, Infineon Technologies AG
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Car Crankshaft Position Sensor Market Report Segments:
The global Car Crankshaft Position Sensor market is segmented on the basis of:
Types
Hall Effect Sensor, Magneto Resistive, Inductive Sensor, Optical Sensor
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 Vehicle, 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:
- Allegro MicroSystems Inc
- ACDelco Corporation
- Vemo
- Honeywell International Inc.
- Robert Bosch GmbH
- Beck Arnley
- BorgWarner Inc.
- Denso Corporation
- Valeo S.A.
- Dorman Products Inc.
- Spectra Premium
- Infineon Technologies AG
Highlights of The Car Crankshaft Position 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:
- Hall Effect Sensor
- Magneto Resistive
- Inductive Sensor
- Optical Sensor
- By Application:
- Passenger Vehicle
- 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 Car Crankshaft Position 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.
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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?
A car crankshaft position sensor is a device that measures the position of the crankshaft in relation to the engine block. This information is used by the engine control module (ECM) to determine how much fuel and air should be injected into the cylinders.
Some of the key players operating in the car crankshaft position sensor market are Allegro MicroSystems Inc, ACDelco Corporation, Vemo, Honeywell International Inc., Robert Bosch GmbH, Beck Arnley, BorgWarner Inc., Denso Corporation, Valeo S.A., Dorman Products Inc., Spectra Premium, Infineon Technologies AG.
The car crankshaft position 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 Car Crankshaft Position 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 Car Crankshaft Position Sensor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Car Crankshaft Position 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 Car Crankshaft Position 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 Car Crankshaft Position Sensor Market Size & Forecast, 2018-2028 4.5.1 Car Crankshaft Position Sensor Market Size and Y-o-Y Growth 4.5.2 Car Crankshaft Position Sensor Market Absolute $ Opportunity
Chapter 5 Global Car Crankshaft Position 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 Car Crankshaft Position Sensor Market Size Forecast by Type
5.2.1 Hall Effect Sensor
5.2.2 Magneto Resistive
5.2.3 Inductive Sensor
5.2.4 Optical Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Crankshaft Position 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 Car Crankshaft Position Sensor Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Crankshaft Position 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 Car Crankshaft Position 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 Car Crankshaft Position Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Car Crankshaft Position 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 Car Crankshaft Position Sensor Market Size Forecast by Type
9.6.1 Hall Effect Sensor
9.6.2 Magneto Resistive
9.6.3 Inductive Sensor
9.6.4 Optical Sensor
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 Car Crankshaft Position Sensor Market Size Forecast by Applications
9.10.1 Passenger Vehicle
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 Car Crankshaft Position Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Car Crankshaft Position 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 Car Crankshaft Position Sensor Market Size Forecast by Type
10.6.1 Hall Effect Sensor
10.6.2 Magneto Resistive
10.6.3 Inductive Sensor
10.6.4 Optical Sensor
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 Car Crankshaft Position Sensor Market Size Forecast by Applications
10.10.1 Passenger Vehicle
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 Car Crankshaft Position Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Crankshaft Position 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 Car Crankshaft Position Sensor Market Size Forecast by Type
11.6.1 Hall Effect Sensor
11.6.2 Magneto Resistive
11.6.3 Inductive Sensor
11.6.4 Optical Sensor
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 Car Crankshaft Position Sensor Market Size Forecast by Applications
11.10.1 Passenger Vehicle
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 Car Crankshaft Position Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Crankshaft Position 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 Car Crankshaft Position Sensor Market Size Forecast by Type
12.6.1 Hall Effect Sensor
12.6.2 Magneto Resistive
12.6.3 Inductive Sensor
12.6.4 Optical Sensor
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 Car Crankshaft Position Sensor Market Size Forecast by Applications
12.10.1 Passenger Vehicle
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) Car Crankshaft Position Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Crankshaft Position 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) Car Crankshaft Position Sensor Market Size Forecast by Type
13.6.1 Hall Effect Sensor
13.6.2 Magneto Resistive
13.6.3 Inductive Sensor
13.6.4 Optical Sensor
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) Car Crankshaft Position Sensor Market Size Forecast by Applications
13.10.1 Passenger Vehicle
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 Car Crankshaft Position Sensor Market: Competitive Dashboard
14.2 Global Car Crankshaft Position Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Allegro MicroSystems Inc
14.3.2 ACDelco Corporation
14.3.3 Vemo
14.3.4 Honeywell International Inc.
14.3.5 Robert Bosch GmbH
14.3.6 Beck Arnley
14.3.7 BorgWarner Inc.
14.3.8 Denso Corporation
14.3.9 Valeo S.A.
14.3.10 Dorman Products Inc.
14.3.11 Spectra Premium
14.3.12 Infineon Technologies AG