Global Automotive Displacement Sensor Market size was valued at US$ XX Mn in 2019 and expected to reach US$ XX Mn by 2019 at a CAGR of 6.5% during the forecast period.

The Global Automotive Displacement Sensor market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Automotive Displacement Sensor report also provides trends by market segments, technology, and investment with a competitive landscape.

Global Automotive Displacement Sensor Market

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Global Automotive Displacement Sensor Market Overview:

Displacement sensors are used in the clutch, braking, transmission, and other applications in vehicle systems in order to bridge the gap between components and the control system of the vehicle. In addition, the robust sensor providing reliable measurements is the key application of displacement sensors in the market. Moreover, increasing demand for electronic transmission systems by consumers is the factor considered to drive the growth of the market. The global automotive displacement sensor market is expected to register a CAGR of approximately 6.5% during the forecast period.
Global Automotive Displacement Sensor Market Dynamics:

Increasing integration of compact and adaptive chips and increasing demand for driver’s safety and comfort are the factors considered to drive the market growth. In addition, the rapid pace of manufacturing of semiconductors and improvements in the control system are the factors attributing to the growth of the market. In addition, the cost-effectiveness of the sensors are considered to adhere the market growth. According to Automotive Components Manufacturers, automotive displacement sensors including capacitive sensors eddy current sensors and others have penetrated the market with approximately 53% market share by far and expected to register Y-O-Y growth of approximately 7.2% during the forecast period.

Increasing cases of automotive system failure and considerable gaps in data transmission system are the factors considered to hamper the market growth. Moreover, variation in sensor functioning at load conditions is the key restraining factor expected to hinder the automotive displacement sensor market growth.

The demand for maximum efficiency by consumers and increasing growth of CVT systems are the factors expected to create opportunities for emerging players in the market. In addition, an emerging trend for compact designs to save the space in vehicles is the factor considered to drive the market growth during the forecast period.

Increasing inclination of OEMs towards providing accuracy over quantitative analysis is the factor expected to adhere the growth of the market during the forecast period. According to Micro-Epsilon OEM, growth in OEM sales of the company has increased by 45% from a year 2017-2018 to the year 2021.
Automotive Displacement Sensor Market Segmentation:

Based on vehicle type, the Global Automotive displacement sensor market is divided into passenger cars and commercial vehicles. Passenger cars hold the dominant share in the market owing to increasing demand for sensing technologies among the consumers and rising popularity of sedan and hatchback cars among the consumers in emerging economies. In addition, the availability of passenger cars in reasonable cost and increasing adoption of manufacturers towards safety features at economic value are the factors considered to drive the growth of the segment in the market. Commercial vehicles are the second dominating segment in the market owing to increasing adoption of light commercial vehicles in Europe and North American regions and inclusion of latest technologies of sensing applications in the LCVs across the globe. According to OICA, passenger cars holds approximately 64% share in displacement sensor market owing to its penetration in local regions and cost-effectiveness of vehicles.

Based on Application, the market is segmented into engine coolant pump testing, concentric sleeve cylinder, clutch master cylinder, turbocharger speed testing, and transmission. The transmission segment holds the dominant share in the automotive displacement sensor market owing to increasing demand for smooth and faster gear shifting and system accuracy in transmission provided by manufacturers. Increasing adoption of transmission system integration in the passenger cars segment is the key factor attributing to growth in the market. Turbocharger speed testing is the second dominating segment in the market owing to ease of use and performance characteristics for speed capability testing along with temperature sensing applications.

Based on the sales channel, the automotive displacement senor market is segregated into OEM and Aftermarket. OEM holds a prominent share in the market with approximately 75% market share owing to additional safety features and sensing technologies provided by OEMs to the consumers. In addition, increasing adoption of turbocharging and temperature sensing systems by OEMs is the factor expected to propel the market growth during the forecast period.

Global Automotive Displacement Sensor Market 1
Impact of COVID pandemic on the Automotive Displacement Sensor market:

Declining demand for semiconductors and sensory technology amid the pandemic owing to supply chain distortion and ever-increasing demand for raw materials for production needs are the factors considered to hamper the growth of the market amid the pandemic. In addition, disruption in transportation capabilities and declining inventory management are the factors considered to restrain the market growth during the pandemic period. Furthermore, increasing supply with lowering demand is the factor considered to backdrop the market amid the pandemic period.

Furthermore, increasing production facilities post lockdown conditions and increasing transportation activities made by distributors are the factors considered to drive the growth of the Automotive Displacement Sensor market after levying of restrictions. In addition, increasing passenger cars segment growth post lockdown have adhered the growth of the market. According to AMA, displacement sensor market has seen a declination of approximately 8% amid the pandemic and expected to register growth of approximately 4.2% during the forecast period owing to increasing semiconductors sector demand post restrictions.
Global Automotive Displacement Sensor Market Regional Insights:

The Asia Pacific holds the major share in the Automotive Displacement Sensor market owing to increasing manufacturing facilities for the automotive sector in the region and improving technological scalability of the region for passenger cars and commercial vehicles. Moreover increasing production of vehicles in the APAC region is the key factor attributing to growth in the market. China holds the dominant share along with India and Japan owing to the increasing implications of sensory technologies in the domestic market.

Europe is expected to pose as the fastest-growing region in the Automotive Displacement Sensor Market with approximately 22% market share. The highly anticipated market of semiconductors in the European region along with the well-established infrastructure of automotive manufacturing are the key factors considered to drive the growth in the region. Germany holds the dominant share along with UK and Italy owing to increasing automobile system integration in the region and advancements in technology for the automotive sector in the region.

North America holds a prominent share in the market owing to the increasing dominant semiconductors manufacturing sector in the region and well-established manufacturing facilities for passenger cars and commercial vehicles in the region.

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The objective of the report is to present a comprehensive analysis of the Global Automotive Displacement Sensor Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Automotive Displacement Sensor Market dynamics, structure by analyzing the market segments and project the Global Automotive Displacement Sensor Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Automotive Displacement Sensor Market make the report investor’s guide
Global Automotive Displacement Sensor Market Scope: Inquire before buying

Global Automotive Displacement Sensor Market 3
Global Automotive Displacement Sensor Market, by Region

• North America
o US
o Canada
o Mexico
• Europe
o U.K
o France
o Germany
o Italy
o Spain
o Sweden
o CIS Countries
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o ASEAN
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o GCC Countries
o Egypt
o Nigeria
o Rest of ME&A
• South America
o Brazil
o Argentina
o Rest of South America
Global Automotive Displacement Sensor Market Key Players

• FTE Automotive GmbH
• TE Connectivity
• OMRON Corporation
• Micro-Epsilon
• Capacitec, Inc.
• KEYENECE Corporation
• Lion Precision
• Robert Bosch GmbH
• LORD Microstrain
• Infineon Technologies
• Tonl Instruments.
• ZF Friedrichshafen AG
• Denso Corporation
• Messotron
• IST AG

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