Lucintel Forecasts Automotive Emission Sensor Market to Grow at a CAGR of 4% to 6% from 2020 to 2025

According to the recent study the automotive emission sensor market is projected to grow at a CAGR of 4% to 6% from 2020 to 2025. Growth in this market is primarily driven by growing demand for passenger cars due to increasing disposable income and the implementation of strict and tough emission norms.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in automotive emission sensor market by sensor type (O2-Lambda sensor, NOX sensor, and particulate matter sensor), fuel type (gasoline and diesel), sensor type (passenger cars and commercial vehicles), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).

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“O2-Lambda sensor market is expected to remain the largest segment during the forecast period.”

Based on sensor type, the automotive emission sensor market is segmented into O2-Lambda sensor, NOX sensor, and particulate matter sensor. Lucintel forecasts that the O2-Lambda sensor market is expected to remain the largest segment due to frequent use of O2-Lambda sensor to measure the level of oxygen from the mixture in vehicles.

“Within the automotive emission sensor market, the passenger cars segment is expected to remain the largest application.”

Based on application the passenger cars segment is expected to witness the highest growth over the forecast period due to growing demand for passenger cars with standard emission norms.

“Asia pacific will dominate the automotive emission sensor market in near future.”

Asia Pacific region is expected to witness the highest growth over the forecast period due to increasing demand for passenger cars in India, China, and Japan.

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Major players of automotive emission sensor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Robert Bosch GmbH, Denso Corporation, Tenneco Inc., Faurecia, Fujikura Ltd., Walker Products, Inc., Pilot Automotive, Continental AG, and Friedrichshafen AG. are among the major automotive emission sensor providers.

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 click on this link https://www.lucintel.com/automotive-emission-sensor-market.aspx or helpdesk@lucintel.com.

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