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Global Automotive Emission Sensor Market Is Poised to Reach Around USD 13 Billion by 2019

ResearchMoz added Latest Research Report titled " Global Automotive Emission Sensor Market 2015-2019: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

 

Albany, NY -- (SBWIRE) -- 05/27/2016 -- Pollution from automobiles has been a critical issue across the globe with nitrogen oxides, carbon monoxide acting as the two principle gases causing air pollution, thereby increasing environment and health concerns. It has led to significant research and development on technologies that reduce emission. It has in turn led to the development of gas sensors, which can monitor and control vehicle emission.

Automotive emission sensors is widely used in all types of automobiles from passenger cars to heavy commercial vehicles. Oxygen sensors and Nitrogen oxide sensors are the widely used sensors in modern vehicles today. Among these gas sensors, adoption of oxygen sensors is found in almost all automobiles manufactured today.

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To calculate the market size, Technavios market research analysts have considered revenues generated from the sale of the aforementioned sensors for passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles. The global automotive emission sensors market is expected to reach around USD 13 billion by 2019.

The growth in the automotive emissions sensors market can be attributed to the implementation of tougher and stricter emission norms across the world. The increase in auto sales across the globe fosters the growing adoption of emission sensors in vehicles. With countries like China and India adopting emission norms equivalent to US and EU, utilization of emission sensors in these regions is expected to increase in the next four years.

Upcoming trends, drivers, and challenges

Increased demand for smart emission sensors has led to the development of oxygen sensors which come with a heating element. It makes sensors react immediately as soon as the engine is ignited. These smart sensors come with a in-built heater, which heats up the sensors to the requiired operating temperature. This action decreases the reaction time and reduces contact of exhaust gases with ceramic bulbs. This trend is expected to result in a gradual increase in the life time of sensors as they are less prone to contaminants.

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Key questions answered in the report include -

- Market share analysis of the key vendors of the automotive emission sensors market
- What are the key factors driving the automotive emission sensors market
- What are the key market trends impacting the growth of the automotive emission sensors market
- What are the various opportunities and threats faced by the vendors in automotive emission sensors market
- Trending factors influencing the market shares for EMEA, APAC, and Americas
- Key outcome of the five forces analysis on the automotive emission sensors market
- Growth forecast of the automotive emission sensors market until 2019

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