Global Automotive Transmission Sensor Market 2024-2030

    In Stock

    .

    AUTOMOTIVE TRANSMISSION SENSOR MARKET

     

    INTRODUCTION

     Transmission speed sensors provide the transmission control unit with information on the input, output, or intermediate speed of the transmission (TCU). This signal is used by the TCU to control the pressure while shifting and choose which gear to engage. The shifting pressure is accurately and dependably determined with the aid of the transmission pressure sensor, which detects the hydraulic oil pressure in various transmission applications. When in use, a transmission speed sensor determines the transmission gear ratio. The ISS and OSS speed sensors in a car work in tandem to display transmission data to the powertrain module of the vehicle. The input shaft’s speed is tracked by the ISS sensor.

     

    The Powertrain Control Module, or PCM, may no longer receive the proper signals from a failed gearbox position sensor. The PCM will no longer be able to determine when to engage a moving gear in the transmission without signals from the position sensor. The erroneous gear is selected by the transmission. The transmission data is typically transmitted to the vehicle’s powertrain control module by two sensors. The input sensor, the first sensor, keeps tabs on the input shaft speed of the transmission. The output sensor, the second sensor, keeps track of the output shaft speed.

     

    AUTOMOTIVE TRANSMISSION SENSOR MARKET SIZE AND FORECAST

    Automotive Sensor Market

     

     The global Automotive Transmission Sensor market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    AUTOMOTIVE TRANSMISSION SENSOR MARKET DYNAMICS

    • As sensors become more advanced, their applications in wearable devices expand, driving greater adoption across various sectors, including healthcare, fitness, and consumer electronics. 
    • A significant driver of growth in the wearable sensors market is the increasing use of these devices in healthcare for continuous health monitoring and disease management. The rise in chronic diseases and the aging population are prompting more widespread use of wearable technology for patient care. 
    • The reduction in the cost of production and raw materials for sensors allows manufacturers to offer more affordable wearable devices. Lower prices increase consumer accessibility and drive market growth. 
    • Wireless sensor network (WSN) has evolved as an emerging technology, which provides various prospects to different applications used for communication 
    • Sensors in several sectors play a critical role in the quality control of produced goods and online operations management. Organizations and industries are employing various types of sensors for their productivity, but the Internet of Things (IoT) has catapulted sensor innovation to new heights. 

     

    AUTOMOTIVE TRANSMISSION SENSOR MARKET INDUSTRY OUTLOOK

    • The automotive industry is expected to grow at 5% in 2024 compared to 2023.
    • The value add in the industry will come in from ADAS features and improving connectivity-based features in the vehicle.
    • To improve the revenue captured from vehicle sales OEMs, subscription services such as connectivity, entertainment, and down-the-line automated driving are being introduced and will continue to improve their position in OEMs yearly revenues.
    • Autonomous driving is the focus area of OEMs, Tier 1 suppliers, software and hardware solution providers. 
    • Electrification is the next trend that is capturing the global automotive market with 14.1 million plugged-in vehicles sold in 2023. 
    • The market for automotive segment is expected to a technological shift with the major focus on automated driving and electrification.
    • Asia Ex China and ROW will see an improvement in the market share of HEVs more than BEVs and PHEVs.

     

    AUTOMOTIVE TRANSMISSION SENSOR MARKET NEW PRODUCT LAUNCH

    The Prosonic Flow W 400 clamp-on and I 400 insertion units from Endress+Hauser, Greenwood, IN, offer thorough process monitoring with long-term cost effectiveness and in-depth diagnostics.

     

    Prosonic Flow W 400 can be installed on numerous pipe types and materials, including metal (such as steel or cast iron), plastic, glass-fibre-reinforced plastic, and composite materials, with or without lining. The sensor surface and pipe are connected by a maintenance-free contact medium known as a coupling pad that allows for the best sound transmission.

     

    The resulting high signal strength ensures consistent measurement results and long-term dependability. These clamp-on flow sensors come in a variety of ultrasonic frequencies that are tailored for the application’s fluid, pipe material, and pipe size.

     

    Automotive Engine and Transmission Sensors Market

     

    AUTOMOTIVE TRANSMISSION SENSOR MARKET GEOGRAPHY OVERVIEW

     

    North America 

    The North American market, particularly the USA, will be one of the prime markets for (Automotive Transmission Sensor) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive. 

     

    Europe 

    The European market, particularly Western Europe, is another prime market for (Automotive Transmission Sensor) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for (Automotive Transmission Sensor) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period. 

      

    Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe. 

      

    There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of (Automotive Transmission Sensor) in the region. 

     

    Asia 

    Asia will continue to be the global manufacturing hub for (Automotive Transmission Sensor) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.    

     

    There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon. 

     

    Africa 

    Africa is expected to see the largest growth in (Automotive Transmission Sensor Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape. 

     

    RoW 

    Latin America and the Oceania region will showcase growth over the forecast period in (Automotive Transmission Sensor Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region. 

     

    AUTOMOTIVE TRANSMISSION SENSOR MARKET MARGIN COMPARISON

     

    Margin Comparison (Highest to lowest)  Region  Remarks 
    Europe  The supply chain demands and the purchasing power in the region enable suppliers to extradite a larger margin from this region than other regions. This is for both locally manufactured as well as imported goods and services in the region. 
    North America  Due to the high spending power in this region, the margins are higher compared to the rest of the world, but they are lower than Europe as there is higher competition in this region. All the suppliers of goods and services target USA as a main market thereby decreasing their margins compared to Europe 
    Asia  Lower purchasing power, coupled with higher accessibility of services in this regions doesn’t enable suppliers to charge a high margin making it lower than Europe and North America. The quality of goods and services are also affected due to this aspect in the region 
    Africa and ROW  The margins are the lowest in this region, except for Australia and New Zealand as the countries in this region don’t have much spending power and a large portion of the products and services from this area is exported to other parts of the world 

     

    AUTOMOTIVE TRANSMISSION SENSOR MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Automotive Transmission Sensor are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Automotive Transmission Sensor and key vendor selection criteria
    3. Where is the Automotive Transmission Sensor manufactured? What is the average margin per unit?
    4. Market share of Global Automotive Transmission Sensor manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Automotive Transmission Sensor  in-house
    6. key predictions for next 5 years in Global Automotive Transmission Sensor  market
    7. Average B-2-B Automotive Transmission Sensor price in all segments
    8. Latest trends in Automotive Transmission Sensor market, by every market segment
    9. The market size (both volume and value) of the Automotive Transmission Sensor market in 2024-2030 and every year in between?
    10. Production breakup of Automotive Transmission Sensor  market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
    0
      0
      Your Cart
      Your cart is emptyReturn to Shop