The global Automotive Hydrogen Sensors Market is forecasted to reach USD 176.9 Million by 2027, according to a new report by Reports and Data. The market for automotive hydrogen sensors is witnessing an increased demand as there is a need to optimize the performance of the hydrogen fuel cell system and also improve the concept of safety.
The production of alternative powertrains is playing an important role in the demand for automotive hydrogen sensors. The growing concern for environmental safety and the aim of several governments for the introduction of zero-emission powertrains will create a demand for fuel cell vehicles, in turn, propelling market demand. Hydrogen sensors are considered compact, low-cost, durable, and are also easy to maintain as compared to the other detectors.
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The report offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them to gain a robust footing in the global industry. It also discusses in detail the recent mergers and acquisitions, partnerships, collaborations, and product launches among others.
Further key findings from the report suggest:
Electrochemical sensors in automotive are used to detect a wide range of toxic gases such as hydrogen sulfide and carbon monoxide. It is commonly used in the vehicle as it has low power requirements, a linear output, and a good resolution. The sensor provides an accurate reading on a target gas that is repeatable.
The growing demand for passenger cars has created a demand for automotive hydrogen sensors as there is an increasing level of awareness among consumers regarding the benefits of fuel cell vehicles. Moreover, increasing demand for vehicle safety has also fostered the demand for the market product.
The Asia Pacific holds a significant piece of the overall industry in terms of revenue, along with Europe and North America. In the Asia Pacific region, nations such as China and Japan have been seeing substantial requests for passenger vehicles. This is expanding the use of automotive hydrogen sensors in travel vehicles.
Key participants include City Technology Ltd., Figaro Engineering Inc., Membrapor AG, Siemens AG, Merit Sensor, Neohysens, Hydrogen Sense Technology, Multi Nano Sense, C2 Sense, and Bosch Sensortec, among others.
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The market is further segmented on the basis of product types offered in the market and the application spectrum. On the basis of types, the segmentation covers:
Type Outlook (Revenue, USD Billion; 2017-2027)
Catalytic Sensors
Electrochemical Sensors
Metal Oxide Sensors
MOSFET
Thermal Conductivity Sensors
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
Passenger Vehicle
Light commercial vehicle (LCV)
Heavy commercial vehicle (HCV)
Measurement Range Outlook (Revenue, USD Billion; 2017-2027)
0-1000 ppm
0-2000 ppm
0-4000 ppm
0-40,000 ppm
The report is further segmented into key geographical regions along with their countries to impart a better understanding of the market. The report focuses on the economic growth, technological advancements, investment and funding, RD activities, production and consumption ratio, current and emerging trends, and presence of key players in each region.
The regional analysis covers the following key regions of the world:
North America (U.S.A., Canada)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Table of Contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Automotive Hydrogen Sensors Market Segmentation Impact Analysis
4.1. Automotive Hydrogen Sensors Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing trend for electric vehicles
4.2.2.2. High demand from developed countries
4.2.2.3. Increased Private-Public Partnerships
4.2.3. Market restraints analysis
4.2.3.1. Initial High Cost Low Volume
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence
Continued…
Questions Answered in the Report:
What will be the estimated growth rate of the Automotive Hydrogen Sensors Market in 2027?
Who are the prominent distributors, vendors, and manufacturers of the Automotive Hydrogen Sensors Market?
What are the driving and restraining factors of the growth of Automotive Hydrogen Sensors Market throughout the forecast period?
What are the current and future market trends of the Automotive Hydrogen Sensors Market?
What are the sales and price analysis of the product by types, applications, and regional sales?
Which region is expected to dominate the market growth over the forecast period?
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