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Global Automotive Gear Position Sensor Market Size, Share: By Application: Automatic Transmission, Manual Transmission; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032
Global Automotive Gear Position Sensor Market Outlook
The global automotive gear position sensor market is expected to grow at a CAGR of 9.5% during the forecast period of 2024-2032 to attain a value of more than USD 7.32 billion by 2032.
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The market is witnessing a healthy growth due to the increasing demand for shift-by-wire technology that uses actuators for transmission, thus improving the efficiency and reducing the weight of the vehicles. Asia Pacific holds the largest market share in the market as a result of growing demand for automatic transmission in the region.
Market Segmentation
The triple-clutch automatic transmission system is the critical trend in automotive gear position sensor market. This system uses a smart electronic control unit, sensor, advanced software and equipment to generate maximum efficiency from motors along with minimum wastage.
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The industry can be broadly categorised on the basis of its application into:
- Automatic Transmission
- Manual Transmission
The EMR report looks into the regional markets of automotive gear position sensor like the North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
Market Analysis
The global automotive gear position sensor market is being driven by the increasing demand for automotive fuel effectiveness. The development in triple-clutch transmission system is aiding the growth of the industry. The growing acceptance of automatic transmission system is increasing the demand for automotive gear position sensor industry. The high preference of shift-by-wire devices over mechanical connection for transmission is further driving the growth of the industry. Asia Pacific region is leading the market due to rising demand for automatic transmission systems in the area.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global automotive gear position sensor industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- TE Connectivity Corp.
- ZF Friedrichshafen AG
- Honeywell International Inc.
- Infineon Technologies AG
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Gear Position Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Gear Position Sensor Historical Market (2018-2023)
8.3 Global Automotive Gear Position Sensor Market Forecast (2024-2032)
8.4 Global Automotive Gear Position Sensor Market by Application
8.4.1 Automatic Transmission
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Manual Transmission
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Automotive Gear Position Sensor Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Automotive Gear Position Sensor Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Automotive Gear Position Sensor Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automotive Gear Position Sensor Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automotive Gear Position Sensor Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automotive Gear Position Sensor Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 TE Connectivity Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 ZF Friedrichshafen AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Honeywell International Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Infineon Technologies AG
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.4.5
16.2.5 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Gear Position Sensor Market: Key Industry Highlights, 2018 and 2032
2. Global Automotive Gear Position Sensor Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Automotive Gear Position Sensor Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Automotive Gear Position Sensor Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Automotive Gear Position Sensor Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Automotive Gear Position Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Automotive Gear Position Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Automotive Gear Position Sensor Market Structure
Key Questions Answered in the Report
The global automotive gear position sensor market is projected to grow at a CAGR of 9.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 7.32 billion by 2032.
The market is being driven by the increasing demand for safety and convenience in automobiles, the growing adoption of automatic transmission system, rising traffic concerns, and growing popularity of shift-by-wire technology.
Continuous technological advancements and the development of triple-clutch automatic transmission systems are the key trends guiding the growth of the market.
What are the major regional markets of automotive gear position sensor, according to the EMR report?
The major regional markets are North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.
Automatic transmission and manual transmission are the leading application segments of automotive gear position sensor in the market.
The key players in the market are TE Connectivity Ltd., ZF Friedrichshafen AG, Honeywell International Inc., and Infineon Technologies AG, among others.
Analyst Review
The global automotive gear position sensor market is being driven by increased adoption of automatic transmission system and the growing demand for shift-by-wire technology. Aided by the growing popularity of triple-clutch automatic transmission system, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 9.5%. The industry is projected to reach USD 7.32 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the industry can be segmented into automatic transmission and manual transmission. The major regional markets for automotive gear position sensor are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include TE Connectivity Corp., ZF Friedrichshafen AG, Honeywell International Inc., Infineon Technologies AG, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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