The global automotive powertrain sensors market size reached USD 20.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 32.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.85% during 2025-2033. The continuous technological advancements in sensor technologies, the increasing adoption of safety and driver assistance feature, and the integration of artificial intelligence (AI) and machine learning (ML) with powertrain sensors represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
|
USD 20.6 Billion |
Market Forecast in 2033
|
USD 32.3 Billion |
Market Growth Rate (2025-2033) | 4.85% |
Rising Demand for Electric Vehicles
The shift towards electric (EV) and hybrid vehicles is significantly boosting the demand for advanced powertrain sensors. For instance, EV sales surpassed 10 million, with 14% of all new vehicles sold being electric, a significant increase from 9% in 2021 and less than 5% in 2020. As a result, more than 26 million electric vehicles were on the road worldwide by 2022, a 60% increase from 2021. Powertrain sensors are essential for managing and optimizing the powertrain systems in these vehicles, ensuring they operate efficiently and reliably. These factors are expected to propel the automotive powertrain sensors market in the coming years.
Stringent Emission Regulations
Governments and regulatory bodies are implementing strict emission standards to combat environmental pollution. For instance, in March 2023, the European Union passed a groundbreaking modification to the EU's light-duty vehicle (LDV) CO2 rules. With this amendment, the EU will become the first major region in the world to set a 100% CO2 emission reduction target for all new vehicles and vans registered after 2035. In addition, the present CO2 reduction target for 2030 has been increased to -55% for automobiles and -50% for vans, compared to a 2021 baseline. This drives the need for sophisticated powertrain sensors that can monitor and control emissions more effectively, ensuring compliance with these regulations. These factors further positively influence the automotive powertrain sensors market forecast.
Technological Advancements
Continuous advancements in sensor technology, such as improvements in accuracy, reliability, and miniaturization, are fueling market growth. Innovations like wireless sensors and the integration of Internet of Things (IoT) technologies are creating new possibilities and applications for powertrain sensors. For instance, in January 2023, TDK Corporation introduced the TDK i3 Micro Module, the world's first module with integrated edge AI and wireless mesh networking. TDK collaborated with Texas Instruments (TI) to incorporate the TI SimpleLink platform, which includes the CC2652R7, an Arm Cortex-M4F multiprotocol 2.4-GHz wireless 32-bit microcontroller (MCU) for real-time monitoring. The new module also combines TDK's IIM-42352 high-performance SmartIndustrialTM MEMS accelerometer and digital output temperature sensor, edge AI, and mesh network features into a single unit, allowing for easier data gathering, integration, and processing, thereby boosting the automotive powertrain sensors systems market revenue.
IMARC Group provides an analysis of the key trends in each segment of the global automotive powertrain sensors market report, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on sensor type, powertrain subsystem, vehicle type, and sales channel.
Breakup by Sensor Type:
Temperature sensors exhibited a clear dominance in the market
The report types provided a detailed breakup and analysis of the automotive powertrain sensors market based on the sensor type. This includes temperature sensors (thermocouple, thermistor and silicon), position sensors (capacitive, inductive and magnetic), exhaust sensors (lambda/ oxygen sensors, nitrogen sensors, soot sensors and ammonia sensors), knock sensors, speed sensors, torque sensors, pressure sensors, and others. According to the report, temperature sensors exhibited a clear dominance in the market.
According to the automotive powertrain sensors market outlook, temperature sensors are used to monitor the temperature of electric motors and inverters, critical components in electric powertrains, to avoid thermal damage and maintain performance. Moreover, in electric and hybrid vehicles, temperature sensors are essential for monitoring battery temperature to prevent overheating and ensure efficient operation. Proper engine temperature management is essential for reducing emissions and improving fuel efficiency. Temperature sensors help maintain the engine within the optimal temperature range.
Breakup by Powertrain Subsystem:
Engine management sensors exhibited a clear dominance in the market
A detailed breakup and analysis of the automotive powertrain sensors market based on the powertrain subsystem has also been provided in the report. This includes engine management sensors, transmission management sensors, and power steering sensors. According to the report, engine management sensors exhibited a clear dominance in the market.
According to the automotive powertrain sensors market overview, engine management sensors are essential components in modern vehicles, providing critical data to the engine control unit (ECU) to optimize engine performance, enhance fuel efficiency, reduce emissions, and ensure overall vehicle safety. Moreover, governments worldwide are imposing stricter emission regulations to combat air pollution. Engine management sensors play a vital role in monitoring and controlling emissions, ensuring vehicles meet these stringent standards.
Breakup by Vehicle Type:
Internal combustion engines exhibited a clear dominance in the market
A detailed breakup and analysis of the automotive powertrain sensors market based on the vehicle type has also been provided in the report. This includes internal combustion engines (passenger, light commercial vehicles and heavy commercial vehicles) and electric vehicles (battery electric vehicles, fuel cell electric vehicles, plug-in hybrid electric vehicles and hybrid electric vehicles). According to the report, internal combustion engines exhibited a clear dominance in the market.
ICE technology has been refined over decades, leading to highly reliable and efficient engines. This maturity has established a robust market for the sensors needed to optimize and maintain these engines. These technologies are used in a variety of vehicles, from passenger cars to commercial trucks, construction equipment, and agricultural machinery, expanding the scope of sensor applications. Moreover, a wide range of sensors are used in ICE vehicles to monitor various engine parameters, including temperature, pressure, air flow, and knock. These sensors ensure optimal performance, efficiency, and longevity of the engine.
Breakup by Sales Channel:
Original equipment manufacturer (OEMs) exhibited a clear dominance in the market
A detailed breakup and analysis of the automotive powertrain sensors market based on the sales channel has also been provided in the report. This includes original equipment manufacturer (OEMs), and aftermarket. According to the report, original equipment manufacturer (OEMs) exhibited a clear dominance in the market.
OEMs have well-established supply chains and long-term relationships with major automakers. This integration ensures a steady demand for their products. Moreover, they often work closely with automakers to develop custom sensor solutions tailored to specific vehicle models and performance requirements. Apart from this, OEMs adhere to rigorous quality control standards, ensuring that their sensors meet the high reliability and performance requirements of automakers.
Breakup by Region:
Europe accounts for the largest market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe exhibited a clear dominance in the market.
According to the automotive powertrain sensors market statistics, some of the factors driving the Europe automotive powertrain sensors market included expanding automotive industry, shifting preference towards connected and autonomous infrastructure, and growing demand for electric power steering. Various European countries offer incentives and subsidies to promote electric and hybrid vehicles, driving the demand for powertrain sensors specific to these vehicles. Moreover, continuous improvements in sensor accuracy, reliability, and integration capabilities drive the adoption of advanced powertrain sensors. Also, advances in miniaturization and the integration of sensors with other vehicle systems enhance performance and functionality, making them more attractive to manufacturers. Apart from this, the escalating demand for electric vehicles in also proliferating the industry’s growth. For instance, according to the Federal Motor Transport Authority a quarter more electric cars were registered in Germany in the first half of 2022 than the previous year during the same period.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major market companies have also been provided. Some of the key players in the market include:
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
Sensor Types Covered |
|
Powertrain Subsystems Covered | Engine Management Sensors, Transmission Management Sensors, Power Steering Sensors |
Vehicle Types Covered |
|
Sales Channels Covered | Original Equipment Manufacturer (OEMs), Aftermarket |
Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Amphenol Corporation, BorgWarner Inc., Continental AG, CTS Corporation, DENSO Corporation, HELLA GmbH & Co. KGaA (Faurecia SE), Infineon Technologies AG, Mitsubishi Electric Corporation, NXP Semiconductors N.V, Renesas Electronics Corporation, Robert Bosch GmbH, TE Connectivity, Texas Instruments Incorporated, etc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |