Automotive Oxygen Sensors Market size was valued at US$ 5.3 Billion in 2021, and anticipated to grow at a CAGR of 6.5% over the forecast period.
The most sensitive and essential parts of an engine are the oxygen sensors, commonly known as Lambda sensors or O2 sensors by some manufacturers. Earlier fuel injection systems maintained closed-loop air/fuel mixture control by using a single oxygen sensor in the exhaust system. However, modern engines could employ up to four sensors, which track both the effectiveness of the catalytic converter and the oxygen level of the exhaust flow.
A sensor is a tool that finds or examines physical characteristics and then alerts or reacts to them. Examples of car sensors include exhaust gas, fluid level, temperature, and pressure sensors. Sensors are necessary for comfort, safety, and pollution reduction. The expansion of the global exhaust sensor market for vehicles can be connected to the spike in demand for electronics for emission control, safety, and luxury. The industry for car sensors as a whole is most attractive when it comes to exhaust gas sensors. The automotive market has grown due to rising consumer demand for passenger cars as a result of expanding disposable income, which has facilitated the growth of the exhaust sensors market. On the other hand, strict pollution regulations around the world have prompted the auto industry to look into
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Segments
By Product Type
- Zirconia Sensor
- Wideband Zirconia Sensor
- Titania Sensor
By Application
- Passenger Cars
- Commercial Vehicles
By Sales Channel
- Original Equipment Manufacturer (OEM)
- Aftermarket
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