DUBLIN, Jan. 18, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/fwtbts/global_automotive) has announced the addition of the "Global Automotive Emission Sensor Market 2015-2019" report to their offering.
The global automotive emission sensors market is expected to reach around USD 13 billion by 2019.
To calculate the market size, The market research analysts have considered revenues generated from the sale of the aforementioned sensors for passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles.
The growth in the automotive emissions sensors market can be attributed to the implementation of tougher and stricter emission norms across the world. The increase in auto sales across the globe fosters the growing adoption of emission sensors in vehicles. With countries like China and India adopting emission norms equivalent to US and EU, utilization of emission sensors in these regions is expected to increase in the next four years.
The number of electronic devices used in vehicles has increased significantly, and the dependency of vehicles on electronic components has increased rapidly over the past few years. The number of sensors used in vehicles has increased as they are used to monitor temperature, gas emissions, voltage, current, vacuum, and torque. OEMs are now focusing more on designing and constructing vehicles that use electronic components to control the vehicle mechanism.
According to the report, diesel engines emit a significant amount of particulate matter - NOx, HC, CO, and toxic air pollutants - compared to a gasoline engine. These gases will have a severe impact on the environment and health. As they emit significant amounts of toxic gases, emission sensors like O2 sensors, NOx sensors, and technologies like exhaust gas recirculation, SCR, and diesel particulate filters are used to limit emission levels.
Further, the report states that automotive emission sensors need to aid the emission standards set by different regulatory bodies across the globe. Emission norms are continually updated to further reduce the emission levels of vehicles and thereby increase fuel economy. These pose a direct challenge to emission sensor manufacturers as new sensors based on new regulations have to be designed and developed.
The leading vendors analyzed by this report
The other prominent vendors of this market are
- Hyundai KEFICO
- NGK Spark Plug
For more information visit http://www.researchandmarkets.com/research/fwtbts/global_automotive
Laura Wood, +353-1-481-1716, email@example.com
SOURCE Research and Markets