Product Code: ETC4579585 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India automotive temperature sensor market import shipment experienced a significant decline with a CAGR of -55.8% from 2020 to 2024. However, there was a notable growth rate of 9.3% between 2023 and 2024, indicating a potential reversal or stabilization of the declining trend towards the end of the period.
The India Automotive Temperature Sensor Market is a key sector within the automotive sensor industry, dedicated to monitoring and controlling temperature-related aspects in vehicles. Temperature sensors play a critical role in ensuring the proper functioning of various vehicle systems, including engine cooling, climate control, and battery management. As India consumers prioritize vehicle comfort, efficiency, and performance, the demand for accurate and reliable temperature sensors is on the rise. This market is marked by a focus on precision and efficiency, with companies continually developing advanced temperature sensing solutions to meet the evolving needs of the India automotive market.
The India automotive temperature sensor market is flourishing due to several critical drivers. First and foremost, the emphasis on vehicle safety and engine performance optimization is pushing automakers to invest in advanced temperature sensing technology. Temperature sensors play a crucial role in monitoring engine and component temperatures, thereby ensuring efficient and safe operation. Additionally, the growing adoption of electric and hybrid vehicles in India necessitates temperature sensors to monitor battery and component temperatures, ensuring optimal performance and longevity. The increasing consumer demand for climate control and passenger comfort features also drives the integration of temperature sensors in modern vehicles.
Challenges in the automotive temperature sensor market include the demand for accuracy and reliability in monitoring various temperature-sensitive components of vehicles, while also meeting cost-efficiency targets.
The COVID-19 pandemic disrupted supply chains and impacted vehicle production. Temperature sensors are vital components for vehicle systems, and their demand continued, particularly in electric vehicles where thermal management is crucial. Post-pandemic, the market is likely to rebound, driven by the growth of electric vehicles and their advanced thermal management systems.
For the automotive temperature sensor market, significant players in India include Sensata Technologies, TE Connectivity, NXP Semiconductors, Analog Devices, and Microchip Technology. These companies manufacture temperature sensors for automotive applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Temperature Sensor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Temperature Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Temperature Sensor Market - Industry Life Cycle |
3.4 India Automotive Temperature Sensor Market - Porter's Five Forces |
3.5 India Automotive Temperature Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Automotive Temperature Sensor Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 India Automotive Temperature Sensor Market Revenues & Volume Share, By EVApplication, 2021 & 2031F |
4 India Automotive Temperature Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced vehicles with temperature control features |
4.2.2 Stringent government regulations related to vehicle emissions and safety standards |
4.2.3 Growing adoption of electric vehicles in India |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing advanced temperature sensor technology |
4.3.2 Lack of skilled workforce for maintenance and repair of temperature sensors |
4.3.3 Fluctuating raw material prices affecting manufacturing costs |
5 India Automotive Temperature Sensor Market Trends |
6 India Automotive Temperature Sensor Market, By Types |
6.1 India Automotive Temperature Sensor Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Temperature Sensor Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Automotive Temperature Sensor Market Revenues & Volume, By Engine, 2021-2031F |
6.1.4 India Automotive Temperature Sensor Market Revenues & Volume, By Exhaust, 2021-2031F |
6.1.5 India Automotive Temperature Sensor Market Revenues & Volume, By Seats, 2021-2031F |
6.2 India Automotive Temperature Sensor Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Temperature Sensor Market Revenues & Volume, By Thermocouple, 2021-2031F |
6.2.3 India Automotive Temperature Sensor Market Revenues & Volume, By MEMS, 2021-2031F |
6.2.4 India Automotive Temperature Sensor Market Revenues & Volume, By IC Sensor, 2021-2031F |
6.3 India Automotive Temperature Sensor Market, By EVApplication |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Temperature Sensor Market Revenues & Volume, By Battery, 2021-2031F |
6.3.3 India Automotive Temperature Sensor Market Revenues & Volume, By Motor, 2021-2031F |
7 India Automotive Temperature Sensor Market Import-Export Trade Statistics |
7.1 India Automotive Temperature Sensor Market Export to Major Countries |
7.2 India Automotive Temperature Sensor Market Imports from Major Countries |
8 India Automotive Temperature Sensor Market Key Performance Indicators |
8.1 Average selling price (ASP) of automotive temperature sensors |
8.2 Number of new product innovations in the market |
8.3 Adoption rate of temperature control features in new vehicle models |
9 India Automotive Temperature Sensor Market - Opportunity Assessment |
9.1 India Automotive Temperature Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Automotive Temperature Sensor Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 India Automotive Temperature Sensor Market Opportunity Assessment, By EVApplication, 2021 & 2031F |
10 India Automotive Temperature Sensor Market - Competitive Landscape |
10.1 India Automotive Temperature Sensor Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Temperature Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |