Product Code: ETC4565305 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India exhaust sensor market import shipment demonstrated robust growth with a high CAGR from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024, indicating a slight slowdown in market expansion. Overall, the market exhibited strong momentum but showed signs of stabilization towards the end of the period.
The India Exhaust Sensor market is growing in prominence due to the increasing emphasis on emissions control and the need for accurate data to meet regulatory requirements. Exhaust sensors, such as oxygen sensors and NOx sensors, are vital in monitoring exhaust gases and ensuring that vehicles comply with emissions standards. With stringent emission regulations in place and the automotive sector`s commitment to reducing the environmental impact, the market for exhaust sensors is anticipated to witness substantial growth in India.
The India exhaust sensor market is witnessing substantial growth due to multiple factors. One of the primary drivers is the increasing awareness of environmental issues and the need to comply with stringent emission regulations. This has led to a greater emphasis on the installation of exhaust sensors in vehicles to monitor and control emissions effectively. The growing market for electric vehicles is also driving the demand for exhaust sensors, as these vehicles require advanced exhaust monitoring systems to ensure efficiency and emissions compliance. Moreover, the rising consumer demand for improved fuel efficiency and performance in traditional internal combustion engine vehicles is leading to the adoption of more sophisticated exhaust sensors, enhancing the overall driving experience. As the automotive industry in India continues to evolve, the exhaust sensor market will remain a pivotal component in reducing vehicle emissions and improving air quality.
The India exhaust sensor market encounters challenges associated with emission control. Developing sensors that accurately monitor and control exhaust emissions to meet stringent environmental standards is a top priority. Manufacturers must also tackle the issue of counterfeit sensors affecting market integrity.
The India exhaust sensor market was significantly impacted by the pandemic, primarily due to the automotive industry`s slowdown. The reduced production and demand for vehicles led to decreased sales of exhaust sensors. However, the market has witnessed a resurgence as automakers adopted new emission standards and cleaner technologies, which in turn increased the demand for advanced exhaust sensors.
Major contributors in this sector encompass Continental AG, Delphi Technologies, Robert Bosch GmbH, and BorgWarner.
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 Exhaust Sensor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Exhaust Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 India Exhaust Sensor Market - Industry Life Cycle |
3.4 India Exhaust Sensor Market - Porter's Five Forces |
3.5 India Exhaust Sensor Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 India Exhaust Sensor Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 India Exhaust Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing vehicle production in India |
4.2.2 Stringent emission regulations driving demand for exhaust sensors |
4.2.3 Growing focus on vehicle electrification and hybrid vehicles |
4.3 Market Restraints |
4.3.1 High initial investment required for advanced exhaust sensor technologies |
4.3.2 Availability of counterfeit products in the market affecting sales of genuine exhaust sensors |
4.3.3 Economic uncertainties impacting consumer purchasing power |
5 India Exhaust Sensor Market Trends |
6 India Exhaust Sensor Market, By Types |
6.1 India Exhaust Sensor Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 India Exhaust Sensor Market Revenues & Volume, By Sensor Type, 2021-2031F |
6.1.3 India Exhaust Sensor Market Revenues & Volume, By Exhaust Temperature & Pressure, 2021-2031F |
6.1.4 India Exhaust Sensor Market Revenues & Volume, By O2, 2021-2031F |
6.1.5 India Exhaust Sensor Market Revenues & Volume, By NOx, 2021-2031F |
6.1.6 India Exhaust Sensor Market Revenues & Volume, By Particulate Matter, 2021-2031F |
6.1.7 India Exhaust Sensor Market Revenues & Volume, By Engine Coolant Temperature, 2021-2031F |
6.1.8 India Exhaust Sensor Market Revenues & Volume, By MAP/MAF Sensor, 2021-2031F |
6.2 India Exhaust Sensor Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 India Exhaust Sensor Market Revenues & Volume, By Gasoline & Diesel, 2021-2031F |
7 India Exhaust Sensor Market Import-Export Trade Statistics |
7.1 India Exhaust Sensor Market Export to Major Countries |
7.2 India Exhaust Sensor Market Imports from Major Countries |
8 India Exhaust Sensor Market Key Performance Indicators |
8.1 Adoption rate of advanced exhaust sensor technologies in Indian vehicles |
8.2 Number of new vehicle models equipped with exhaust sensors |
8.3 Investment in research and development for exhaust sensor technologies in India |
9 India Exhaust Sensor Market - Opportunity Assessment |
9.1 India Exhaust Sensor Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 India Exhaust Sensor Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 India Exhaust Sensor Market - Competitive Landscape |
10.1 India Exhaust Sensor Market Revenue Share, By Companies, 2024 |
10.2 India Exhaust Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |