Global Crankshaft Sensor Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Installed into Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles.

By Output;

Analog and Digital.

By Application;

Automobile and Others.

By End-User;

Automotive, Aerospace, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn982943857 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Crankshaft Sensor Market (USD Million), 2021 - 2031

In the year 2024, the Global Crankshaft Sensor Market was valued at USD 3,054.79 million. The size of this market is expected to increase to USD 4,593.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The global crankshaft sensor market is witnessing significant growth attributed to a confluence of factors driving demand and innovation within the automotive sector. With the automotive industry undergoing a phase of robust expansion, particularly in emerging economies like China, India, and Brazil, the market for crankshaft sensors is experiencing a corresponding surge. These sensors play a critical role in monitoring engine performance and optimizing fuel efficiency, thereby aligning with the automotive industry's overarching goals of sustainability and regulatory compliance.

Stringent emission norms imposed by governments worldwide are compelling automotive manufacturers to adopt advanced engine management systems, in which crankshaft sensors play a pivotal role. By providing real-time data on engine operation, these sensors enable precise control over fuel injection and combustion processes, resulting in reduced emissions and enhanced environmental sustainability. The escalating demand for fuel-efficient vehicles further amplifies the significance of crankshaft sensors, as they contribute to improving overall vehicle efficiency and meeting consumer expectations for eco-friendly transportation solutions.

The market is not without its challenges. The high cost associated with advanced sensor technologies, such as Hall Effect or magneto-resistive sensors, presents a barrier to widespread adoption, particularly in price-sensitive markets. The complexity involved in integrating crankshaft sensors into modern engine systems poses challenges for automotive manufacturers, requiring expertise in software integration and compatibility testing. The proliferation of counterfeit automotive components, including crankshaft sensors, poses a significant threat to market integrity and consumer trust, necessitating robust measures for quality assurance and brand protection. Despite these challenges, the market is ripe with opportunities for innovation, driven by rapid technological advancements, the expanding electric vehicle market, and the potential for aftermarket sales growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Output
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Global Crankshaft Sensor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Automotive Production
        2. Stringent Emission Norms
        3. Rising Demand for Fuel-efficient Vehicles
      2. Restraints
        1. High Cost of Advanced Sensors
        2. Complexity in Integration
        3. Threat of Counterfeit Products
      3. Opportunities
        1. Rapid Technological Advancements
        2. Growing Electric Vehicle Market
        3. Expansion in Aftermarket Sales
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Crankshaft Sensor Market, By Type, 2021- 2031(USD Million)
      1. Installed into Passenger Cars
      2. Light Commercial Vehicles
      3. Heavy Commercial Vehicles
    2. Global Crankshaft Sensor Market, By Output, 2021- 2031(USD Million)
      1. Analog
      2. Digital
    3. Global Crankshaft Sensor Market, By Application, 2021- 2031(USD Million)
      1. Automobile
      2. Others
    4. Global Crankshaft Sensor Market, By End-User, 2021- 2031(USD Million)
      1. Automotive
      2. Aerospace
      3. Others
    5. Global Crankshaft Sensor Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Allegro MicroSystems
      2. Continental
      3. Delphi Automotive
      4. Denso
      5. Infineon Technologies
      6. LeddarTech
      7. Micronas Semiconductor
      8. NXP Semiconductors
      9. Robert Bosch
      10. Takata
  7. Analyst Views
  8. Future Outlook of the Market