Automotive Oxygen Sensor is the critical sensing component of Efi engine control system. It is used to control vehicle emissions, reduce car pollution to the environment and improve the quality of automobile engine fuel combustion. Besides, all of automotive oxygen sensors are fixed on the exhaust pipe. Automotive Oxygen Sensor produces an electrical signal, by measuring oxygen potential, will produce the signal feedback back to the control center to react. So, it can control the air-fuel ratio.
In 2019, the global Automotive Oxygen Sensor market size was US$ 6858.5 million and it is expected to reach US$ 8168.6 million by the end of 2027, with a CAGR of 2% during 2021-2027.
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Segment by Type, the Automotive Oxygen Sensor market is segmented into
- Titanium oxide type
- Zirconia type
Segment by Application, the Automotive Oxygen Sensor market is segmented into
- Supporting New Car Market
- Consumption Supporting the Market
- Used Car Market Transformation
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At present in the foreign industrial developed countries, the automotive oxygen sensor industry is generally at a more advanced level, the world’s large enterprises are mainly concentrated in the United States, Europe, etc. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with Chinese and other emerging countries’ companies, the manufacturing cost is a competitive disadvantage, as the Chinese and other emerging countries’ automotive oxygen sensor production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase.
Scope of the Report
The research study analyzes the global Automotive Oxygen Sensor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Oxygen Sensor Market Report
1. What was the Automotive Oxygen Sensor Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Oxygen Sensor Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Oxygen Sensor Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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