The Automotive Throttle Position Sensor market research is a comprehensive analysis of the global throttle position sensor market. The research report covers all the major factors that are helping the market to grow and also includes information about the elements that are creating an obstacle for market growth. Along with all these, this report also has factors like segment-wise data, regional market data, competitor analysis, and more. As per this report, the global automotive throttle piston sensor market will grow at a 7 percent of CAGR.
The sensors are quite effective against engine bay
contaminants and effectively prevent the formation of moisture in the vehicle
engine. Besides, they come in dual-channel as well as single-channel solutions
to offer maximum safety. This is a major factor that is projected to propel the
growth of the global automotive throttle position sensor.
Market Segmentation
- On the
basis of sales channel, the market has been
segmented into OEM, and aftermarket.
- On the
basis of product type, the global ATPS market is divided into
comprehensive, socket, and potentiometer. The potentiometer category is
projected to dominate the market during the forecasting period.
- On the
basis of vehicle type, the market is categorized under commercial
vehicles and passenger vehicles. The passenger vehicle segment is
anticipated to enjoy maximum growth. Now, based on the sales channel, the
ATPS market has two categories, i.e., aftermarket and OEM.
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Top Companies profiled in Automotive Throttle Position Sensor
Market Research Report:
The prominent players in the global automotive throttle
position sensor market include Continental AG (Germany), Delphi Technologies
(Ireland), Robert Bosch GmbH (Germany), Denso Corporation (Japan), HELLA GmbH
& Co. (Germany), Magneti Marelli S.p.A (Italy), Infineon Technologies AG
(Germany), Sensata Technologies, Inc. (US), Mitsubishi Electric Corporation
(Japan), and CTS Corporation (US).
Regional Overview
Regionally, the global market for the Automotive Throttle
Position Sensor is divided into four main regions. These are Asia Pacific,
Europe, North America, and the Rest of the World. Among all these regions, the
Asia Pacific regional market is projected to witness the maximum growth during
the forecast period. The major reason behind this is expected to be the
increasing number of automotive infrastructures. Besides, in countries like
South Korea, India, and Japan, the demand for automotive electronics is also increasing.
On the other hand, the strict rules imposed by various authorities related to
vehicle safety are also a major propelling factor.
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