Market Overview:
The global throttle position sensors (TPS) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for throttle position sensors in automotive and industrial applications. In addition, the growing demand for electric vehicles is also contributing to the growth of the global throttle position sensors market. The global throttle position sensors (TPS) market can be segmented on the basis of type into with end switches type and potentiometer type. The with end switches type segment is expected to hold a major share of the global TPS market duringthe forecast period from 2018to 2030 owingto its high accuracy and reliability.
 Industry Outlook.svg)
Product Definition:
Throttle position sensors (TPS) are used in modern vehicles to monitor the position of the throttle and send this information to the engine management system. The engine management system uses this information to adjust fuelling and ignition timing as needed for different driving conditions.
With End Switches Type:
With end switches type is a device used to monitor the position of the throttle body in automotive engines. It’s an electronic device that works on power from battery and once activated it sends a signal to engine management system which then adjust fuel mixture accordingly. The basic function of this switch is to protect the car from running out of fuel, if this happens then there is a high chance that it can cause an accident or at least make driver lose control over vehicle.
Potentiometer Type:
Potentiometers are used in throttle position sensors (TPS) to measure the angle of rotation of a shaft. The sensor is installed on an engine and it helps in determining whether the vehicle is being driven with the gear engaged or not. It also helps determine whether the vehicle’s transmission is in “park” or “neutral” position.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The sensors are used in various applications such as engine control, emission control, and fuel injection systems. Engine Control (EC) TPS is used to measure throttle position for controlling various functions of an automobile engine, such as ignition timing and volume air/fuel mixture adjustment.
TPS sensor types with end switches are preferred for EC applications due to their compact size and ease of use compared to potentiometer type sensors which have more features but require additional hardware components or microcontroller units (MCUs). Industrial application segment was estimated at USD 281 million in 2017 owing to its increasing preference across multiple industries including oil & gas, chemical manufacturing etc.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period as well owing to high demand for advanced safety systems and growing adoption of automation across various industrial applications. Europe accounted for a significant share in terms of both volume and revenue, which can be attributed to stringent regulations laid down by governing bodies such as ETSI, ASILOCO, and CSA that mandate installation specific TPS solutions based on their application domain.
Growth Factors:
- Increasing demand for automobiles: The global automobile production is expected to grow at a CAGR of around 3% during the forecast period. This will lead to an increase in the demand for throttle position sensors, as they are used in all types of vehicles.
- Technological advancements: Throttle position sensors are becoming increasingly complex with the incorporation of new technologies such as MEMS and piezoelectric materials. This is resulting in better performance and accuracy, which is driving their adoption across different applications.
- Rising fuel prices: The increasing price of fuel is prompting vehicle owners to look for more efficient means of propulsion, which has led to an increase in the demand for throttle position sensors worldwide.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the world in a bid to reduce air pollution levels from vehicles exhausts systems TPS helps achieve this by optimizing engine performance and reducing emissions levels from vehicles engines . As a result, TPS sales are expected to grow rapidly over the next few years.. 5) Growing automotive electronics market: The global automotive electronics market is projected to grow at a CAGR of around 9% during 2018-2023 owing to rising consumer preference for advanced features in automobiles
Scope Of The Report
Report Attributes
Report Details
Report Title
Throttle Position Sensors (TPS) Market Research Report
By Type
With End Switches Type, Potentiometer Type
By Application
Automotive, Industrial
By Companies
Bosch, Variohm, Facet Srl, Maruha Motors, CTS Corporation, HELLA, Wells Vehicle Electronics, Auto DITEX
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Throttle Position Sensors (TPS) Market Report Segments:
The global Throttle Position Sensors (TPS) market is segmented on the basis of:
Types
With End Switches Type, Potentiometer 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
Automotive, Industrial
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
- Variohm
- Facet Srl
- Maruha Motors
- CTS Corporation
- HELLA
- Wells Vehicle Electronics
- Auto DITEX
 Market Overview.svg)
Highlights of The Throttle Position Sensors (TPS) 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:
- With End Switches Type
- Potentiometer Type
- By Application:
- Automotive
- Industrial
- 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 Throttle Position Sensors (TPS) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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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?
TPSs are sensors that measure the throttle position of an engine. This information is used to control the fuel injection and air flow to the engine.
Some of the major players in the throttle position sensors (tps) market are Bosch, Variohm, Facet Srl, Maruha Motors, CTS Corporation, HELLA, Wells Vehicle Electronics, Auto DITEX.
The throttle position sensors (tps) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Throttle Position Sensors (TPS) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Throttle Position Sensors (TPS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Throttle Position Sensors (TPS) Market - Supply Chain
4.5. Global Throttle Position Sensors (TPS) Market Forecast
4.5.1. Throttle Position Sensors (TPS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Throttle Position Sensors (TPS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Throttle Position Sensors (TPS) Market Absolute $ Opportunity
5. Global Throttle Position Sensors (TPS) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Throttle Position Sensors (TPS) Market Size and Volume Forecast by Type
5.3.1. With End Switches Type
5.3.2. Potentiometer Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Throttle Position Sensors (TPS) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Throttle Position Sensors (TPS) Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Throttle Position Sensors (TPS) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Throttle Position Sensors (TPS) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Throttle Position Sensors (TPS) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Throttle Position Sensors (TPS) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Throttle Position Sensors (TPS) Demand Share Forecast, 2019-2026
9. North America Throttle Position Sensors (TPS) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Throttle Position Sensors (TPS) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Throttle Position Sensors (TPS) Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Throttle Position Sensors (TPS) Market Size and Volume Forecast by Type
9.7.1. With End Switches Type
9.7.2. Potentiometer Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Throttle Position Sensors (TPS) Demand Share Forecast, 2019-2026
10. Latin America Throttle Position Sensors (TPS) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Throttle Position Sensors (TPS) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Throttle Position Sensors (TPS) Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Throttle Position Sensors (TPS) Market Size and Volume Forecast by Type
10.7.1. With End Switches Type
10.7.2. Potentiometer Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Throttle Position Sensors (TPS) Demand Share Forecast, 2019-2026
11. Europe Throttle Position Sensors (TPS) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Throttle Position Sensors (TPS) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Throttle Position Sensors (TPS) Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Throttle Position Sensors (TPS) Market Size and Volume Forecast by Type
11.7.1. With End Switches Type
11.7.2. Potentiometer Type
11.8. Basis Point Shar (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Throttle Position Sensors (TPS) Demand Share, 2019-2026
12. Asia Pacific Throttle Position Sensors (TPS) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Throttle Position Sensors (TPS) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Throttle Position Sensors (TPS) Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Throttle Position Sensors (TPS) Market Size and Volume Forecast by Type
12.7.1. With End Switches Type
12.7.2. Potentiometer Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Throttle Position Sensors (TPS) Demand Share, 2019-2026
13. Middle East & Africa Throttle Position Sensors (TPS) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Throttle Position Sensors (TPS) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Throttle Position Sensors (TPS) Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Throttle Position Sensors (TPS) Market Size and Volume Forecast by Type
13.7.1. With End Switches Type
13.7.2. Potentiometer Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Throttle Position Sensors (TPS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Throttle Position Sensors (TPS) Market: Market Share Analysis
14.2. Throttle Position Sensors (TPS) Distributors and Customers
14.3. Throttle Position Sensors (TPS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Variohm
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Facet Srl
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Maruha Motors
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CTS Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HELLA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wells Vehicle Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Auto DITEX
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
