Powertrain Sensors Market Trends 2021| Segmentation, Outlook, Industry Report to 2027

The global powertrain sensor market is projected to grow at a CAGR of 2.8% to reach USD 24.7 billion by 2027, from an estimated USD 19.8 billion in 2019. Increasing adoption of powertrain sensors required for better fuel economy and decrease in carbon emissions are the primary enablers for the growth of the powertrain sensor market. However, decreasing price of powertrain sensors would restrain the growth of the powertrain sensor market during the forecast period.

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Powertrain Sensors Market Segments:

Based on sensor type for ICE vehicle

• Position sensor
• Speed sensor
• Pressure sensor
• Temperature sensor
• Other sensors

Based on sensor type for EV

• Position sensor
• Temperature sensor
• Current sensor
• Voltage sensor
• Other sensors

Based on propulsion type

• ICE
• EV

Based on powertrain subsystem

• Engine
• Drivetrain
• Exhaust

Based on vehicle type

• Light-duty vehicle
• Heavy-duty vehicle

Based on electric vehicle type

• BEV
• HEV
• FCEV
• PHEV

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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)