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Automotive Gear Position Sensor Market

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.

 

Global Automotive Gear Position Sensor Market Report Summary Description Value
Base Year USD Billion 2023
Historical period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 4.5
Market Size 2032 USD Billion 7.3
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 5.6%
CAGR 2024-2032 - Market by Region Asia Pacific 7.3%
CAGR 2024-2032 - Market by Country India 8.3%
CAGR 2024-2032 - Market by Country China 6.9%
CAGR 2024-2032 - Market by Application Automatic Transmission 6.3%
Market Share by Country 2023 China 29.8%

 

Global Automotive Gear Position Sensor Market

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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.

 

Global Automotive Gear Position Sensor Market

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CAGR 2024-2032 - Market by Application
Automatic Transmission 6.3%
Manual Transmission XX%

 

The industry can be broadly categorised on the basis of its application into:

  • Automatic Transmission
  • Manual Transmission

 

CAGR 2024-2032 - Market by Region
Asia Pacific 7.3%
North America 4.6%
Europe XX%
Latin America XX%
Middle East and Africa XX%

 

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.

 

2023 Market Share by Country
China 29.8%
USA XX%
Canada XX%

 

Global Automotive Gear Position Sensor Market

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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.

 

CAGR 2024-2032 - Market by Country
India 8.3%
China 6.9%
Canada 5.3%
Australia 4.9%
USA 4.6%
UK XX%
Germany XX%
France XX%
Italy XX%
Japan 4.3%
Saudi Arabia XX%
Brazil XX%
Mexico XX%

 

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:

  • Application
  • Region
Breakup by Application
  • Automatic Transmission
  • Manual Transmission
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • TE Connectivity Ltd.
  • ZF Friedrichshafen AG
  • Honeywell International Inc.
  • Infineon Technologies AG
  • Others
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.

 

Automotive Gear Position Sensor Market Report Snapshots

Automotive Gear Position Sensor Market Size

Automotive Gear Position Sensor Market Analysis

Automotive Gear Position Sensor Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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.

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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