Global Powertrain Sensor Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Sensor Type for ICE vehicle;

Position Sensor, Speed Sensor, Pressure Sensor, and Temperature Sensor.

By Sensor Type for EV;

Position Sensor, Temperature Sensor, Current Sensor, and Voltage Sensor.

By Propulsion Type;

ICE and EV.

By Powertrain Subsystem;

Engine, Drivetrain, and Exhaust.

By Vehicle Type;

Light-Duty Vehicle and Heavy-Duty Vehicle.

By Electric Vehicle Type;

BEV, HEV, FCEV, and PHEV.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn154330371 Published Date: December, 2024 Updated Date: April, 2025

Introduction

Global Powertrain Sensor Market (USD Million), 2020 - 2030

In the year 2023, the Global Powertrain Sensor Market was valued at USD 21,825.43 million. The size of this market is expected to increase to USD 26,328.71 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 2.7%.

The Global Powertrain Sensor Market is witnessing significant growth driven by the increasing demand for advanced vehicle technologies, such as electric vehicles (EVs), hybrid vehicles, and autonomous systems. Powertrain sensors play a crucial role in improving the efficiency, performance, and safety of vehicles by monitoring key components such as the engine, transmission, and electric motor. These sensors help optimize fuel consumption, reduce emissions, and ensure the smooth operation of powertrains by providing real-time data for various control systems. As the automotive industry transitions toward electrification and the integration of more complex vehicle architectures, the demand for sophisticated powertrain sensors, including temperature sensors, pressure sensors, speed sensors, and position sensors, is expected to rise. Moreover, the push for more energy-efficient and environmentally friendly vehicles further drives the adoption of powertrain sensors, especially in electric and hybrid models.

The market for powertrain sensors is also benefiting from advancements in automated driving technologies and vehicle electrification. As vehicles become more connected and autonomous, the powertrain system must be able to communicate seamlessly with other vehicle systems to optimize performance. Powertrain sensors are integral to this ecosystem, providing data that allows autonomous driving systems to adjust power output and transmission behavior according to real-time conditions. Additionally, with the increasing adoption of electric drivetrains, powertrain sensors have become essential for monitoring battery performance, motor temperatures, and the efficiency of power distribution between the electric motor and other components. This has led to a surge in demand for specialized sensors designed for electric and hybrid vehicles, which often require different sensor technologies compared to traditional internal combustion engine (ICE) vehicles.

Despite the strong growth in the Global Powertrain Sensor Market, challenges remain in terms of cost, complexity, and reliability. The sensors must meet stringent quality and durability standards to withstand harsh operating conditions such as high temperatures, vibrations, and exposure to chemicals. As vehicles become more sophisticated, powertrain sensors need to be more precise and reliable, adding to the cost and complexity of their design and integration. However, ongoing technological innovations, such as the development of more robust materials, wireless communication technologies, and the miniaturization of sensors, are helping address these challenges. Furthermore, the increasing collaboration between automotive manufacturers, sensor suppliers, and technology providers is driving continuous improvements in sensor performance and cost-effectiveness, ultimately making these systems more accessible for a wider range of vehicle types.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Sensor Type for ICE vehicle
    2. Market Snapshot, By Sensor Type for EV
    3. Market Snapshot, By Propulsion Type
    4. Market Snapshot, By Powertrain Subsystem
    5. Market Snapshot, By Vehicle Type
    6. Market Snapshot, By Electric Vehicle Type
    7. Market Snapshot, By Region
  4. Global Powertrain Sensor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Electric and Hybrid Vehicles
        2. Advancements in Autonomous Vehicle Technologies
        3. Stringent Emission Regulations and Fuel Efficiency Standards
        4. Increased Focus on Vehicle Performance and Safety

      2. Restraints
        1. High Cost and Complexity of Powertrain Sensors

        2. Integration Challenges with Traditional Internal Combustion Engine (ICE) Vehicles

        3. Limited Standardization of Sensor Technologies

        4. Concerns Regarding Sensor Durability and Reliability in Harsh Environments

      3. Opportunities
        1. Growth in Emerging Markets with Expanding Automotive Production
        2. Technological Advancements in Powertrain Sensors (e.g., Wireless, Smart Sensors)
        3. Rising Adoption of Smart Mobility Solutions and Connected Vehicles
        4. Ongoing Research and Development in Sensor Materials and Capabilities
    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 Powertrain Sensor Market, By Sensor Type for ICE vehicle, 2020 - 2030 (USD Million)
      1. Position Sensor
      2. Speed Sensor
      3. Pressure Sensor
      4. Temperature Sensor
    2. Global Powertrain Sensor Market, By Sensor Type for EV, 2020 - 2030 (USD Million)
      1. Position Sensor
      2. Temperature Sensor
      3. Current Sensor
      4. Voltage Sensor
    3. Global Powertrain Sensor Market, By Propulsion Type, 2020 - 2030 (USD Million)
      1. ICE
      2. EV
    4. Global Powertrain Sensor Market, By Powertrain Subsystem, 2020 - 2030 (USD Million)
      1. Engine
      2. Drivetrain
      3. Exhaust
    5. Global Powertrain Sensor Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Light-Duty Vehicle
      2. Heavy-Duty Vehicle
    6. Global Powertrain Sensor Market, By Electric Vehicle Type, 2020 - 2030 (USD Million)
      1. BEV
      2. HEV
      3. FCEV
      4. PHEV
    7. Global Powertrain Sensor Market, By Geography, 2020 - 2030 (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 (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Continental

      2. Robert Bosch

      3. Denso

      4. Hella

      5. Mitsubishi Electric Corporation

      6. Valeo

      7. Infineon Technologies

      8. NXP Semiconductors

      9. Texas Instruments

      10. TE Connectivity

  7. Analyst Views
  8. Future Outlook of the Market