openPR Logo
Press release

Automotive Electronics Sensor Aftermarket - A USD 14.74 Billion Ecosystem on a 7.17% CAGR Trajectory (2025-2029)

01-11-2024 12:28 PM CET | Sports

Press release from: TechSci Research

Automotive Electronics Sensor Aftermarket - TechSci Research

Automotive Electronics Sensor Aftermarket - TechSci Research

The Automotive Electronics Sensor Aftermarket is a dynamic and integral component of the automotive industry, addressing the evolving needs of vehicle owners and enthusiasts. In the realm of sensor technology, this aftermarket sector, as analyzed in the TechSci Research report titled "Automotive Electronics Sensor Aftermarket - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029," stood at a robust USD 14.74 Billion in 2023 and is poised for further growth with a projected CAGR of 7.17% during the forecast period of 2025-2029.

Market Overview:
The Global Automotive Electronics Sensor Aftermarket plays a pivotal role in ensuring the longevity and efficiency of existing vehicles as they age. This dynamic sector encompasses a diverse range of sensors crucial for functions such as engine management, safety systems, and emissions control. The aftermarket landscape responds to the increasing complexity of modern vehicles by integrating advanced technologies like smart sensors, LiDAR, and radar, particularly for features such as advanced driver-assistance systems (ADAS) and autonomous driving.

๐๐ซ๐จ๐ฐ๐ฌ๐ž, ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐๐š๐ญ๐š, ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐š๐ง๐ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐“๐Ž๐‚ ๐จ๐ง "Automotive Electronics Sensor Aftermarket" - https://www.techsciresearch.com/report/automotive-electronics-sensor-aftermarket/22073.html

Enthusiasts and tech-savvy consumers actively contribute to the aftermarket, seeking sensor solutions that not only meet Original Equipment Manufacturer (OEM) standards but also enhance vehicle performance and safety. Challenges within the aftermarket include ensuring compatibility across diverse vehicles, addressing the rapid technological evolution, and mitigating concerns related to counterfeit products. However, despite these challenges, the aftermarket thrives on innovations, with suppliers continuously developing upgraded sensor solutions that align with the latest industry trends.

Benefits of the Research Report:

1. Strategic Decision-Making: The research report provides stakeholders with strategic insights, aiding in informed decision-making by understanding market trends, growth drivers, and challenges.
2. Market Size and Projection: A detailed analysis of market size and growth projections offers a comprehensive understanding of the current market scenario and future potential, assisting businesses in planning for expansion and investment.
3. Competitive Analysis: The report includes a competitive analysis, enabling industry players to assess their position, understand competitor strategies, and identify opportunities for differentiation.
4. Technological Trends: Insights into technological trends allow manufacturers and technology providers to stay at the forefront of innovation, enhancing product offerings and meeting evolving consumer demands.
5. Regulatory Landscape: Understanding the regulatory landscape ensures compliance and helps organizations navigate evolving requirements, especially in the rapidly changing automotive electronics sector.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ญ๐ก๐ž ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ (๐˜‹๐˜ฆ๐˜ต๐˜ข๐˜ช๐˜ญ๐˜ฆ๐˜ฅ ๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ-๐˜ฃ๐˜บ-๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ, ๐˜™๐˜ฆ๐˜จ๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด, ๐˜Ž๐˜ณ๐˜ข๐˜ฑ๐˜ฉ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜™๐˜ช๐˜ด๐˜ฌ๐˜ด, ๐˜–๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด, ๐˜š๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ, ๐˜™๐˜ฆ๐˜ท๐˜ฆ๐˜ฏ๐˜ถ๐˜ฆ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด)- https://www.techsciresearch.com/sample-report.aspx?cid=22073

Market Dynamics:

1. North America: Shaped by a mature automotive industry and a tech-savvy consumer base, the Automotive Electronics Sensor Aftermarket in North America, particularly the United States, witnesses high adoption driven by enthusiasts seeking performance upgrades. Stringent emissions standards also fuel the market, prompting consumers to opt for advanced aftermarket solutions.
2. Europe: The European Automotive Electronics Sensor Aftermarket reflects a landscape characterized by a diverse automotive market and a strong emphasis on vehicle performance. European consumers, including DIY enthusiasts and professional tuners, drive demand for aftermarket sensors that enhance power delivery and fuel efficiency.
3. Asia-Pacific: Asia-Pacific emerges as a dynamic and rapidly growing market for the Automotive Electronics Sensor Aftermarket. Countries like China, Japan, and South Korea contribute significantly to aftermarket demand, driven by a burgeoning vehicle parc. The region's focus on electric vehicles and advancements in combustion technologies spurs innovation in sensors.
4. Middle East and Africa: The Middle East and Africa contribute to the global aftermarket with a focus on specific needs and conditions. In wealthier Gulf countries, a flourishing automotive market driven by luxury vehicles creates demand for high-performance aftermarket sensors. However, in Africa, where challenging terrains and economic factors come into play, the aftermarket emphasizes reliability and durability.

The Global Automotive Electronics Sensor Aftermarket is a dynamic and responsive ecosystem, meeting the demand for sensor replacements, upgrades, and innovations. As the automotive industry continues to advance, the aftermarket ensures that vehicles worldwide benefit from the latest sensor technologies, contributing to overall safety, efficiency, and performance. The diverse challenges and opportunities within this aftermarket landscape underscore its resilience and adaptability, positioning it as a crucial player in the constantly evolving automotive industry. For the latest and most detailed information, it is recommended to refer to the most recent market reports and industry analyses.

Major companies operating in Global Automotive Electronics Sensor Aftermarket are:
โ€ข Standard Motor Products Inc.
โ€ข NGK Spark Plug CO. LTD
โ€ข BorgWarner Inc.
โ€ข Robert Bosch GmbH
โ€ข Delphi Technologies
โ€ข Valeo
โ€ข Continental AG
โ€ข Denso Corporation

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ญ๐ก๐ž ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ (๐˜‹๐˜ฆ๐˜ต๐˜ข๐˜ช๐˜ญ๐˜ฆ๐˜ฅ ๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ-๐˜ฃ๐˜บ-๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ, ๐˜™๐˜ฆ๐˜จ๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด, ๐˜Ž๐˜ณ๐˜ข๐˜ฑ๐˜ฉ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜™๐˜ช๐˜ด๐˜ฌ๐˜ด, ๐˜–๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด, ๐˜š๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ, ๐˜™๐˜ฆ๐˜ท๐˜ฆ๐˜ฏ๐˜ถ๐˜ฆ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด)- https://www.techsciresearch.com/sample-report.aspx?cid=22073

"The Automotive Electronics Sensor Aftermarket as a dynamic ecosystem responding to the evolving demands of vehicle owners. They emphasize the aftermarket's crucial role in sustaining aging vehicles through sensor replacements and upgrades. The ongoing emphasis on innovation, compliance with regulatory standards, and the integration of advanced technologies position the aftermarket as a vital contributor to the continued efficiency and safety of the global automotive fleet," said Mr. Karan Chichi, Research Director with TechSci Research, a research-based management consulting firm.

"Automotive Electronics Sensor Aftermarket - Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Vehicle Type (Passenger Vehicles and Commercial Vehicles), By Type (Oxygen, LiDAR, Temperature, Position, Pressure, Speed), By Application (Powertrain, Body Electronics, Safety & Control, Telematics), By Region, Competition, 2019-2029", has evaluated the future growth potential of Global Automotive Electronics Sensor Aftermarket and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Automotive Electronics Sensor Aftermarket.

Table Of Content:
. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Impact of COVID-19 on Global Automotive Electronics Sensor Aftermarket
5. Global Automotive Electronics Sensor Aftermarket Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Vehicle Type Market Share Analysis (Passenger Vehicles and Commercial Vehicles)
5.2.2. By Type Market Share Analysis (Oxygen, LiDAR, Temperature, Position, Pressure, Speed)
5.2.3. By Application Market Share Analysis (Powertrain, Body Electronics, Safety & Control, Telematics)
5.2.4. By Regional Market Share Analysis
5.2.4.1. Asia-Pacific Market Share Analysis
5.2.4.2. Europe & CIS Market Share Analysis
5.2.4.3. North America Market Share Analysis
5.2.4.4. South America Market Share Analysis
5.2.4.5. Middle East & Africa Market Share Analysis
5.2.5. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)
5.3. Global Automotive Electronics Sensor Aftermarket Mapping & Opportunity Assessment
5.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
5.3.2. By Type Market Mapping & Opportunity Assessment
5.3.3. By Application Market Mapping & Opportunity Assessment
5.3.4. By Regional Market Mapping & Opportunity Assessment
6. Asia-Pacific Automotive Electronics Sensor Aftermarket Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type Market Share Analysis
6.2.2. By Type Market Share Analysis
6.2.3. By Application Market Share Analysis
6.2.4. By Country Market Share Analysis
6.2.4.1. China Market Share Analysis
6.2.4.2. India Market Share Analysis
6.2.4.3. Japan Market Share Analysis
6.2.4.4. Indonesia Market Share Analysis
6.2.4.5. Thailand Market Share Analysis
6.2.4.6. South Korea Market Share Analysis
6.2.4.7. Australia Market Share Analysis
6.2.4.8. Rest of Asia-Pacific Market Share Analysis
โ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆโ€ฆTOC Continued

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ญ๐ก๐ž ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ (๐˜‹๐˜ฆ๐˜ต๐˜ข๐˜ช๐˜ญ๐˜ฆ๐˜ฅ ๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ-๐˜ฃ๐˜บ-๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ, ๐˜™๐˜ฆ๐˜จ๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด, ๐˜Ž๐˜ณ๐˜ข๐˜ฑ๐˜ฉ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜™๐˜ช๐˜ด๐˜ฌ๐˜ด, ๐˜–๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด, ๐˜š๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ, ๐˜™๐˜ฆ๐˜ท๐˜ฆ๐˜ฏ๐˜ถ๐˜ฆ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด)- https://www.techsciresearch.com/sample-report.aspx?cid=22073

Contact Us:
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com

About Us:
TechSci Research is a research based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research's core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci's client leads rather than follow market trends. Not bound by legacy, TechSci's cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Electronics Sensor Aftermarket - A USD 14.74 Billion Ecosystem on a 7.17% CAGR Trajectory (2025-2029) here

News-ID: 3349491 • Views: โ€ฆ

More Releases from TechSci Research

Small Arms and Light Weapons Market to Grow at 6.59% CAGR Through 2029 - TechSci Research
Small Arms and Light Weapons Market to Grow at 6.59% CAGR Through 2029 - TechSci โ€ฆ
"Military modernization initiatives worldwide drive demand for advanced and modular SALW, emphasizing technological innovation are the factors driving Small Arms and Light Weapons market in the forecast period 2025-2029." According to TechSci Research report, "Small Arms and Light Weapons Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029", The Global Small Arms and Light Weapons Market stood at USD 13.75 Billion in 2023 and is anticipated to growโ€ฆ
Anticipating Growth: Luxury Sunglasses Market to Reach US$ 14.86 Billion with a 4.2% CAGR by 2029 | TechSci Research
Anticipating Growth: Luxury Sunglasses Market to Reach US$ 14.86 Billion with a โ€ฆ
TechSci Research's report on the "Global Luxury Sunglasses Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029" reveals that the market reached USD 14.86 billion in 2023, projecting a 4.2% CAGR from 2025 to 2029. This market segment thrives within the broader eyewear industry, offering high-end, premium sunglasses to discerning consumers seeking exclusivity and sophistication. Driven by evolving fashion trends, increasing disposable incomes, and growing brand consciousness, theโ€ฆ
Tea Bar Machine Market Projected to Achieve USD 1.54 Billion by 2028 | Insights from TechSci Research Report
Tea Bar Machine Market Projected to Achieve USD 1.54 Billion by 2028 | Insights โ€ฆ
TechSci Research's report, "Global Tea Bar Machine Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028," states that the market reached USD 1.54 billion in 2022, with an expected 10.45% CAGR in the forecast period 2024-2028. The dynamic Tea Bar Machine Market experiences significant global growth, driven by changing consumer preferences for healthier, customizable beverages. Embracing technological advancements, including smart features and sustainability, the market meets commercial establishments'โ€ฆ
Electrolyte Drinks Market Projected to Reach USD 1.43 Billion with a Remarkable 4.25% CAGR by 2028, Featuring Size, Share, Trends, Growth, and Revenue Outlook
Electrolyte Drinks Market Projected to Reach USD 1.43 Billion with a Remarkable โ€ฆ
According to TechSci Research's "Global Electrolyte Drinks Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028," the market reached USD 1.43 billion in 2022, with an expected 4.25% CAGR in the forecast period 2024-2028. The global electrolyte drinks market has transformed into a dynamic sector within the beverage industry, experiencing substantial growth driven by increased awareness of hydration importance, a health-conscious consumer base, and preferences for functional beverages.โ€ฆ

All 5 Releases


More Releases for Electronics

Printed Electronics Market 2021 Detailed Competitive Outlook by 2029 Samsung Ele โ€ฆ
The research emphasizes elaboration of the Global Printed Electronics market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concepts behind business using methods to assess and analyze the market. It also describes Printed Electronics player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis, and based on that recommendation onโ€ฆ
Power Electronics Market 2021 Precise Outlook - ABB Ltd., Delta Electronics, Inc โ€ฆ
Global Power Electronics Market Size, Status and Forecast 2021-2025 The Power Electronics market report is the most important research for who looks for complete information on the Power Electronics market. The report covers all information on the global and regional markets including historic and future trends for market demand, size, trading, supply, competitors, and prices as well as global predominant vendorโ€™s information. The forecast market information, SWOT analysis, Power Electronics marketโ€ฆ
Curved Televisions Market Key Player Analysis - LG Electronics, Haier, Sony, Sic โ€ฆ
The research report presents a comprehensive assessment of the Curved Televisions Market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes. Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/75674 Curved Televisions Market researchโ€ฆ
Electronic Transformers Market Analysis Report 2019-2025 | OSRAM, Fujielectric, โ€ฆ
UpMarketResearch offers a latest published report on โ€œGlobal Electronic Transformers Market Industry Analysis and Forecast 2019-2025โ€ delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 116 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. The report contains basic, secondary and advanced information pertaining to the Electronic Transformers global status andโ€ฆ
Global Consumer Electronics Market - Apple, Hewlett Packard, Hitachi, LG Electro โ€ฆ
A fresh report titled โ€œConsumer Electronics marketโ€ has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Consumer Electronics market. The competition analysis is also a major part of the report. According to a comprehensive study by KD Market Insightsโ€ฆ
Medical Fibers & Resins Market Outlook with Company Profiles โ€“ TT Electronics, โ€ฆ
Research Beam added a report, โ€œElectronic Transformers Industry Report - Global Electronic Transformers Market.โ€ The report offers an in-depth analysis of the entire market. The report comprises the methodology and data source, market overview, current market status, prominent players in the industry, market segmentation, market status and outlook by region; sales and revenue by region; competition by manufacturers by region; manufacturing cost analysis, industrial chain, sourcing strategy and downstream buyers;โ€ฆ