Crankshaft Position Sensor Market to See Massive Growth by 2028

The global crankshaft position sensor market is estimated to grow at a significant CAGR during the forecast period. A variable reluctance magnetic sensor is a crankshaft position sensor (CPS). It is one of the most important engine management systems components. The sensor is used for the control of the position or rotation speed of the crankshaft in an internal combustion engine. The primary functional purpose of this sensor is to measure rotational velocity and speed (RPM). The rate that the crankshaft spins is also recorded. This information is then used by the engine control unit (ECU) to regulate the ignition, fuel injection and other key engine parameters.

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A crankshaft is a piece of rotating machinery. A sensor is an electronic device that monitors the position or rotating speed of a crankshaft of the motor. This information is used for the control of ignition systems and other engine characteristics by engine management systems. This sensor has the main role to specify the rotational speed and speed of the movement. It also monitors the rotational speed of the crankshaft. The engine control unit then uses this information to manage ignition, fuel injection and other essential engine functions. These sensors are currently in high demand in cars, allowing manufacturers to provide more security, reliability, safety and information to drivers. To add more functions and compete with other competitors, electronic equipment manufacturers add more sensors into their products.

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  • Market Coverage
  • Market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Crankshaft Position Sensor Market Segmentation

o          By Type

  • Linear Position Sensor
  • Rotary Position Sensor
  • Proximity Sensors
  • Hall-Effect Sensor
  • Magneto resistive Sensor

o          By End-User

  • Automotive
  • Aerospace
  • Others

Global Crankshaft Position Sensor Market by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

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