Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Powertrain Sensor Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Powertrain Sensor Market Grow Between 2024 and 2025?
The Powertrain Sensor Global Market has seen consistent growth in recent years. It is projected to expand from $22.03 billion in 2024 to $23.12 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.0%.
How Much Will the Powertrain Sensor Market Be Worth in 2029?
The powertrain sensor market is predicted to expand to a size of $28.47 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.3%.
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Which Powertrain Sensor Market Drivers Are Linked to Revenue Growth?
The key drivers in the powertrain sensor market are:
• Rising motor vehicle production and demand for automobiles
• Growing demand for hybrid electric vehicles and commercial vehicles
• Increased demand for silicon temperature sensors
• Progressive advancements in automotive technologies including AI for predictive maintenance
Which Segments Are Expected to Grow in the Powertrain Sensor Market?
The powertrain sensor market covered in this report is segmented –
1) By Type: Position Sensor, Speed Sensor, Pressure Sensor, Temperature Sensor, Other Sensors
2) By Subsystem: Drivetrain, Engine, Exhaust
3) By Propulsion: Internal Combustion Engine, Electric Vehicle
4) By Application: Passenger Car, Commercial Vehicle
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What Are The Key Trends Impacting Growth In The Global Powertrain Sensor Market?
The key trends in the powertrain sensor market are:
• Technological advancements and product innovation are primary emerging trends in the powertrain sensor market.
• The integration of flexible installations in the market is on the rise.
• There is a growing trend towards hybrid sensor solutions and advanced automotive technologies.
• Development of wireless sensor networks and integration of artificial intelligence for predictive maintenance are shaping the future of the market.
Who Are the Key Competitors in the Global Powertrain Sensor Market?
Major players in the powertrain sensor market are:
• Robert Bosch GmbH
• Panasonic Corporation
• Denso Corporation
• Continental AG
• Texas Instruments Incorporated
• Aptiv plc
• Schaeffler AG
• TE Connectivity Ltd.
• Infineon Technologies AG
• Kyocera Corporation
• NXP Semiconductors N.V.
• BorgWarner Inc.
• Amphenol Corporation
• Renesas Electronics Corporation
• Hella GmbH and Co. KGaA
• Littelfuse Inc.
• Allegro MicroSystems LLC
• Melexis NV
• IAV Automotive Engineering Inc.
• CTS Corporation
• PCB Piezotronics Inc.
• Delphi Technologies plc
Where Is the Powertrain Sensor Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the powertrain sensor market in 2024
