• Blog
  • Automotive Throttle Position Sensor Market Report

    Automotive Throttle Position Sensor Market Report

    Automotive Throttle Position Sensor Market Report
    Report code - SR1777 Delivery - 2 Weeks
    Automotive Throttle Position Sensor Market Size, Share & Forecast | 2022-27
    See more...

    Market Insights

    Automotive Throttle Position Sensor Market is likely to witness an impressive CAGR of 10% during the forecast period. Factors that are responsible for the growth of the market are improving automotive infrastructure in countries such as China, Japan, Germany, Norway, and the US, the growing adoption of potentiometer throttle position sensors in passenger vehicles, across the globe, and stringent vehicle emission norms. The rising demand for throttle position sensors (TPS) in automatic transmissions, as well as growing concerns about engine safety, contributes to the growth of the market. Stringent emission norms such as EURO-6, BHARAT stage-VI and the US tier-2 regulations have supported the use of advanced sensor technology, by OEMs, which will further contribute to the market growth during the forecast period.

    Automotive Throttle Position Sensor Market – Snapshot

    Growth

    10% for the next five years

    Major Product Type

    Potentiometer

    Region with the highest demand

    Asia-Pacific

    Key Players

    Continental AG, CTS Corporation, Delphi Technologies, Denso Corporation, HELLA GmbH & Co., Infineon Technologies AG, Magneti Marelli S.P.A, Mitsubishi Electric Corporation, Robert Bosch GmbH and Sensata Technologies, Inc.

     

    Wish to Get a Free Sample? Click here.

    Market Segments' Analysis

    Automotive Throttle Position Sensor Market Share: By Product Type

    Based on the product type, the market is segmented as potentiometer, socket, and comprehensive. Among these, potentiometers are expected to witness significant growth in the market during the forecast period, owing to the rising demand for TPS in automatic transmissions, as well as growing concerns about engine safety, which is expected to drive the market growth during the forecast period.

    Automotive Throttle Position Sensor Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period. The growth of the region’s market is owing to the fact that it is home to major automobile manufacturers, which are expected to fuel the market growth over the forecast period. The region's growing automotive infrastructure is expected to be the primary reason for the growth of the region's market. Furthermore, the demand for automotive electronics is increasing in countries such as South Korea, India, and Japan, which is expected to provide significant growth opportunities during the forecast period.

    Market Scope & Segmentation

    A throttle position sensor (TPS) is a three-wire potentiometer, which helps to provide variable resistance, depending on the position of the throttle valve in internal combustion engines. It is generally positioned on the throttle valve spindle to directly monitor its position.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Automotive Throttle Position Sensor Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The automotive throttle position sensor market is segmented into the following categories.

    Automotive Throttle Position Sensor Market Size, Share, & Forecast, by Product Type:

    • Potentiometer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Socket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Comprehensive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Throttle Position Sensor Market Size, Share, & Forecast, by Vehicle Type:

    • Passenger Cars (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Commercial Vehicles (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Throttle Position Sensor Market Size, Share, & Forecast, by Sales Channel Type:

    • OEM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Automotive Throttle Position Sensor Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the automotive throttle position sensor market are-

    • Continental AG
    • CTS Corporation
    • Delphi Technologies
    • Denso Corporation
    • HELLA GmbH & Co.
    • Infineon Technologies AG
    • Magneti Marelli S.P.A
    • Mitsubishi Electric Corporation
    • Robert Bosch GmbH
    • Sensata Technologies, Inc.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the product types by vehicle type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    Automotive Throttle Position Sensor Market is likely to witness an impressive CAGR of 10% during the forecast period.

    Some of the key players in the automotive throttle position sensor market are Continental AG, CTS Corporation, Delphi Technologies, Denso Corporation, HELLA GmbH & Co., Infineon Technologies AG, Magneti Marelli S.P.A, Mitsubishi Electric Corporation, Robert Bosch GmbH and Sensata Technologies, Inc.

    Asia-Pacific is estimated to be the leading region in the market during the forecast period.

    Potentiometers are expected to witness significant growth in the market during the forecast period.

    •   

      Why are We Class Apart?

      We Track Fast-Changing Market Dynamics for Clients

      Our Intelligence is Powered by Industry Voice

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      We Serve Companies Across the Value Chain

      Know High Growth Opportunities