The global automotive powertrain sensors market is expected to grow with a CAGR of 3.0% from 2024 to 2030

CITY, Country, 2023-Sep-28 — /EPR Network/ —

According to a market report by Lucintel, the future of the global automotive powertrain sensors market looks promising with opportunities in the passenger car and commercial vehicle market. The global automotive powertrain sensors market is expected to reach an estimated $25.1 billion by 2030 with a CAGR of 3.0% from 2024 to 2030. The major drivers for this market are significantly growing automobile sales and production across the globe and growing demand for electric vehicles equipped with a range of sensors, including voltage sensors to enhance transmission system efficiency.

In this market, motion sensors, process sensors, and position sensors are the major segments of automotive powertrain sensors market by type.

Lucintel forecasts that process sensors is expected to witness highest growth over the forecast period.

Within this market, passenger cars will remain the largest segment.

Europe will remain the largest region over the forecast period.

Robert Bosch, ZF Friedrichshafen, Texas Instruments, Continental, Delphi Technologies, PCB Piezotronics, Valeo, Balluff Automation, Denso Corporation, Thyssenkrupp, and Hella are the major suppliers in the automotive powertrain sensors market.

“This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1–972–636–5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

Related reports

1. Marine Audio Market:

2. Marine Port and Service Market:

3. Inflatable Boat Market:

4. Recreational Boating Market:

5. Ship-to-Shore Smart Port Crane Market:

6. Marine Actuator and Valve Market:

7. Smart Port Market:

8. Automated Container Terminal Market:

9. LNG Bunkering Market Report: