Global Automotive Oxygen Sensor Market Size & Share to 2027

Global Automotive Oxygen Sensor Market Size & Share to 2027

Global Automotive Oxygen Sensor Market Size, Trends & Growth Opportunity, By Type (Unheated, and Heated), By Application (Powertrain, Exhaust, Chassis, Body Electronics, and Others), By Vehicle Type, By Region and Forecast till 2027

Global Automotive Oxygen Sensor Market

Automotive Oxygen sensors are utilized to measure the oxygen concentration in the exhaust gas of an internal combustion engine in an automobile. These sensors can check whether the air-to fuel ratio lean or rich, and dynamically adjusts the air-fuel ratio so that catalytic convertor can work properly. Automotive oxygen sensors market has very rapid growth in commercial market. It is begin adopted for measurement of oxygen across the globe.

Market Drivers

Increase in urbanization and rise in population is expected to fuel the global automotive oxygen sensor market growth. Furthermore, stringent rules and regulations imposed globally by regularity bodies on carbon emission of automobiles are anticipated to boost the global automotive oxygen sensor market growth. Also, rise in alternative fuel vehicles will support the market growth over the forecast period. Rise in electrification in automobile industry is expected to boost the market growth. Moreover, rise in use of automotive oxygen sensors with increase in automotive vehicles as well as increase in demand for these products due to improved standard of living which is expected to drive the market growth during this forecast timeline.

Market Restraints

Increase in manufacturing cost is the major restraint which is expected to hamper the global automotive oxygen sensors market. Also, fluctuations in chemical prices are likely to slow down the global automotive oxygen sensor market growth during this forecast period.

Market Segmentation

Global Automotive Oxygen Sensor Market is segmented into type such as Unheated, and Heated, by application such as Powertrain, Exhaust, Chassis, Body Electronics, and Others. Further, market is segmented into vehicle type such as Passenger Car, Heavy Commercial Vehicle, and Light Commercial Vehicle.

Also, Global Automotive Oxygen Sensor Market is fragmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market key Players

Various key players are discussed in this report such as Continental AG, STMicroelectronics N.V., NXP Semiconductors N.V., Analog Devices, Inc., Sensata Technologies, Inc, Allegro Microsystems, LLC, Infineon Technologies AG, Delphi Automotive PLC, Denso Corporation, and Robert Bosch GmbH.

Market Taxonomy

By Type

• Unheated
• Heated

• Powertrain
• Exhaust
• Chassis
• Body Electronics
• Others

• Passenger Car
• Heavy Commercial Vehicle
• Light Commercial Vehicle

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

• What are the Key Opportunities in Global Automotive Oxygen Sensor Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?