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Automotive Gear Position Sensor Market Report and Forecast 2024-2032

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    Report

  • 225 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921484
According to the report, the global automotive gear position sensor market is projected to grow at a CAGR of 9.5% between 2024 and 2032 reaching a value of approximate USD 5.09 billion by 2032. Aided by the escalating demands for enhanced vehicle efficiency and the rising integration of advanced technologies in automobile manufacturing, the market is expected to grow significantly by 2032.

Automotive gear position sensors, sometimes referred to as transmission sensors, are integral components responsible for detecting the position of the gearshift lever in vehicles. Their primary function lies in transmitting data concerning the gear's position to the vehicle's electronic control unit (ECU), enabling the ECU to coordinate the engine's operation harmoniously with the transmission system. These sensors not only contribute to the vehicle's optimal performance but also to its fuel efficiency, driving dynamics, and safety.

One of the primary drivers propelling the automotive gear position sensor market growth is the evolving consumer preference towards automated and intelligent driving systems. As vehicles become increasingly interconnected, the demand for precise and reliable sensors, such as the gear position sensor, has witnessed a significant uptick. With automotive industries focusing on the development of autonomous and semi-autonomous vehicles, gear position sensors' crucial role in seamless gear shifting has become even more pronounced.

Furthermore, the exponential growth of electric vehicles (EVs) has paved the way for the automotive gear position sensor market demand. While electric vehicles typically feature fewer gears than their combustion-engine counterparts, the need for efficient power management and optimal energy utilization in EVs underscores the importance of accurate gear position detection.

Another factor contributing to the market's upward trajectory is the stringent emission norms and regulations globally. As governments and international bodies emphasize reducing vehicular emissions, automobile manufacturers are under pressure to enhance the fuel efficiency of their offerings. Integrating advanced sensors, like the gear position sensor, allows for better synchronization between the engine and transmission, leading to improved fuel consumption rates.

As per the automotive gear position sensor market analysis, the burgeoning trend of vehicle electrification, coupled with the growing popularity of smart mobility solutions, has also given rise to innovative collaborations between automobile manufacturers and tech giants. These partnerships are increasingly focusing on incorporating cutting-edge sensor technologies, like gear position sensors, to cater to the modern consumer's demand for safer, efficient, and tech-enabled vehicles.

Market Segmentation

The market can be divided based on application and region.

Market Breakup by Application

  • Automatic Transmission
  • Manual Transmission

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global automotive gear position sensor market. Some of the major players explored in the report are as follows:
  • TE Connectivity Ltd.
  • ZF Friedrichshafen AG
  • Honeywell International Inc.
  • Infineon Technologies AG
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Gear Position Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Gear Position Sensor Historical Market (2018-2023)
8.3 Global Automotive Gear Position Sensor Market Forecast (2024-2032)
8.4 Global Automotive Gear Position Sensor Market by Application
8.4.1 Automatic Transmission
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Manual Transmission
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Automotive Gear Position Sensor Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Automotive Gear Position Sensor Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Automotive Gear Position Sensor Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automotive Gear Position Sensor Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automotive Gear Position Sensor Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automotive Gear Position Sensor Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 TE Connectivity Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 ZF Friedrichshafen AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Honeywell International Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Infineon Technologies AG
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.4.5
16.2.5 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Gear Position Sensor Market: Key Industry Highlights, 2018 and 2032
2. Global Automotive Gear Position Sensor Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Automotive Gear Position Sensor Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Automotive Gear Position Sensor Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Automotive Gear Position Sensor Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Automotive Gear Position Sensor Market Structure

Companies Mentioned

  • TE Connectivity Corp.
  • ZF Friedrichshafen AG
  • Honeywell International Inc.
  • Infineon Technologies AG

Methodology

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