Market Overview:
The global coolant temperature sensors 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 automobiles and the growing trend of vehicle electrification. Coolant temperature sensors are used in automobiles for measuring and monitoring the engine coolant temperature. They are classified into two types: 2-wire coolant temperature sensors and 1-wire coolant temperature sensors. The 2-wire type is more common as it has been around for longer and is more reliable than the 1-wire type. It also offers better accuracy, which is why it is preferred by OEMs over 1-wire types.
Product Definition:
A coolant temperature sensor is a device used to measure the temperature of a fluid, typically water or antifreeze, in an automotive cooling system. The information provided by the sensor allows the engine management system to regulate the flow of coolant through the engine and radiator, helping to maintain an optimal operating temperature. A malfunctioning or failed coolant temperature sensor can lead to overheating and serious engine damage.
2-Wire Coolant Temperature Sensors:
2-Wire coolant temperature sensors are used to measure the engine coolant temperature. The growth factor in the market is increasing demand for two-wire sensor technology from several end-use industries such as automotive, aerospace and defense, industrial manufacturing, building automation and process control systems.
1-Wire Coolant Temperature Sensors:
1-Wire coolant temperature sensors are used to measure the engine coolant temperature. The 1-wire sensor is a non contact type of sensor which uses copper wire for transmission of the signal from the vehicle’s Engine Control Unit (ECU) to the monitor. It is an inexpensive and effective way to monitor vehicle’s engine operating condition.
The demand for these sensors has been rising due to its effectiveness in reducing repair costs, downtime,.
Application Insights:
OEMs market for the 2-wire coolant temperature sensors is expected to exhibit a CAGR of XX% from 2018 to 2030 owing to the growing demand for automotive electronics as a result of technological developments and increasing disposable income in developing countries such as India, China and Brazil. The 1-Wire coolant temperature sensor is widely used in engine control systems, power steering cooling systems, air conditioner compressors and refrigeration applications among others. Growing demand for these products due to their compact size allows users more flexibility while designing an automobile electronic system since it does not have fixed locations for sensing components like speedometer or engine RPM sensors. These factors are anticipated to drive the aftermarket segment over the forecast period thereby contributing towards overall industry growth during this period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising automotive production in countries, such as China and Japan. In addition, increasing R&D activities by various automakers on improving engine efficiency is anticipated to drive product demand in this region.
The European market accounted for a significant share of revenue in 2017 owing to stringent government regulations regarding carbon emissions from vehicles. This factor is projected to propel product demand over the forecast period. Moreover, presence of major manufacturers including Volkswagen AG; BMW Group; Ford Motor Company Ltd.; and Fiat Chrysler Automobiles N.V.
North America was valued at USD X million in 2017 and it is estimated that this number will reach up to USD X million by 2030 due its growing use across several applications including aftermarket service provider (ASP)s.
Growth Factors:
- Increasing demand for automobiles
- Growing demand from the automotive industry
- Rising adoption of coolant temperature sensors in heavy commercial vehicles
- Increasing demand for advanced safety features in automobiles
- Growing popularity of electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Coolant Temperature Sensors Market Research Report
By Type
2-Wire Coolant Temperature Sensors, 1-Wire Coolant Temperature Sensors
By Application
OEMs Market, Aftermarket
By Companies
Ford, Delphi, Standard Motor Products, Bosch, Denso, Honeywell, ACDelco, Dorman, Amphenol Sensors, Shengnuo, Ford
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Coolant Temperature Sensors Market Report Segments:
The global Coolant Temperature Sensors market is segmented on the basis of:
Types
2-Wire Coolant Temperature Sensors, 1-Wire Coolant Temperature 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
OEMs Market, 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:
- Ford
- Delphi
- Standard Motor Products
- Bosch
- Denso
- Honeywell
- ACDelco
- Dorman
- Amphenol Sensors
- Shengnuo
- Ford
Highlights of The Coolant Temperature Sensors 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-Wire Coolant Temperature Sensors
- 1-Wire Coolant Temperature Sensors
- By Application:
- OEMs Market
- 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 Coolant Temperature Sensors 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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- Consumer Insights
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- Product & Brand Management
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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?
Coolant temperature sensors are used to measure the coolant temperature in a car or other engine. They can be either mechanical or electronic and are usually located near the radiator.
Some of the key players operating in the coolant temperature sensors market are Ford, Delphi, Standard Motor Products, Bosch, Denso, Honeywell, ACDelco, Dorman, Amphenol Sensors, Shengnuo, Ford.
The coolant temperature sensors 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 Coolant Temperature Sensors 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 Coolant Temperature Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coolant Temperature Sensors 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 Coolant Temperature Sensors 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 Coolant Temperature Sensors Market Size & Forecast, 2020-2028
4.5.1 Coolant Temperature Sensors Market Size and Y-o-Y Growth
4.5.2 Coolant Temperature Sensors 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-Wire Coolant Temperature Sensors
5.2.2 1-Wire Coolant Temperature Sensors
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 OEMs Market
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coolant Temperature Sensors 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 Coolant Temperature Sensors 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-Wire Coolant Temperature Sensors
9.6.2 1-Wire Coolant Temperature 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 Market Size Forecast by Applications
9.10.1 OEMs Market
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-Wire Coolant Temperature Sensors
10.6.2 1-Wire Coolant Temperature 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 Market Size Forecast by Applications
10.10.1 OEMs Market
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-Wire Coolant Temperature Sensors
11.6.2 1-Wire Coolant Temperature 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 Market Size Forecast by Applications
11.10.1 OEMs Market
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-Wire Coolant Temperature Sensors
12.6.2 1-Wire Coolant Temperature 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 Market Size Forecast by Applications
12.10.1 OEMs Market
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-Wire Coolant Temperature Sensors
13.6.2 1-Wire Coolant Temperature 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) Market Size Forecast by Applications
13.10.1 OEMs Market
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 Coolant Temperature Sensors Market: Competitive Dashboard
14.2 Global Coolant Temperature Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ford
14.3.2 Delphi
14.3.3 Standard Motor Products
14.3.4 Bosch
14.3.5 Denso
14.3.6 Honeywell
14.3.7 ACDelco
14.3.8 Dorman
14.3.9 Amphenol Sensors
14.3.10 Shengnuo
14.3.11 Ford
