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Tuesday, March 15, 2022

Global Automotive Cabin Air Quality Sensor Market To Be Driven By The Growing Customer Awareness Towards Air Quality In The Forecast Period Of 2022-2027

The new report by Expert Market Research titled, ‘Global
 Automotive Cabin Air Quality Sensor Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global automotive cabin air quality sensor market, assessing the market based on its segments like types, technologies, sales channels, vehicle types, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 4.2%

The rapid urbanisation and the improved living standards have led to the expansive adoption of vehicles, which is leading to increased emission rates of harmful gases such as carbon monoxide, and hydrogen, among others. As a result, the increased passenger demand for improved air quality solutions is expected to fuel the market for automotive cabin air quality sensors. In addition, the surging demand of vehicles such as passenger cars, utility cars, and luxurious cars among the population owing to their increasing mobility requirements has led to the large-scale installation of air quality sensors in these vehicles, which is estimated to support the market growth.

Industry Definition and Major Segments

Automotive cabin air quality sensor monitors the cabin of a vehicle and measures the pollutants in the form of oxidisable gases like carbon monoxide and other burnt fuel components. The sensor then sends the information to the air filtration system. It is part of the vehicle’s air conditioning system and maintains the air quality inside the vehicle when the outside air quality drops.

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The automotive cabin air quality sensor industry, by type, can be segmented into:

• Pressure Sensors
• Temperature Sensors

Based on technology, the market is classified into:

• Active Sensors
• Passive Sensors

On the basis of sales channel, the market is categorised into:

• Aftermarket

Based on vehicle type, the market is segmented into:

• Passenger Cars
• Commercial Vehicles

The regional markets for automotive cabin air quality sensor include:

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

Market Trends

The stringent government regulations to control air pollution and the consequent health hazards are the major factors propelling the industry growth. Further, the growing health awareness among consumers regarding the negative effects associated with the intake of poor quality air, which can lead to respiratory disorders and heart problems, is projected to aid the market growth. In addition, the growing focus of the governments to curb environmental issues like acid rain, eutrophication, and global warming, among others, is leading to the increased installation of air quality sensors in several vehicles. Further, the rapid technological advancements such as the adoption of improved data analytics are anticipated to propel this market in the forecast period.

Key Market Players

The major players in the industry are paragon GmbH & Co. KGaA, Sensata Technologies, SGX Sensortech, Axetris AG, and Prodrive Technologies B.V., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We, at Expert Market Research, always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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