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Robert Bosch and Denso Corporation dominate the automotive air flow sensors industry. Bosch focuses on expanding their range of air flow sensors to cater to a wider variety of vehicles. This involves adapting sensors to new vehicle architectures and powertrains. The company also focuses on collaborating with automotive manufacturers to co-develop sensors tailored to specific vehicle models or applications.
Denso Corporation is strengthening vertical integration by producing key sensor components in-house, which can reduce costs and lead times. This strategy enhances Denso's control over quality and supply chain resilience. The company emphasizes a diverse range of air flow sensors tailored to various vehicle types and applications.
Major players operating in the automotive air flow sensors industry are:
Asia Pacific recorded 45% share of the market in 2023, driven by robust automotive manufacturing, technological advancements, and stringent emission standards.
The engine control system segment held over 56% of the automotive air flow sensors market share in 2023, as they help in measuring the amount of air entering the engine, which is essential for optimal fuel injection and combustion processes.
The automotive air flow sensors industry from the analog technology segment is expected to reach USD 1.1 billion by 2032, as they are less expensive to produce than digital sensors, making them ideal for cost-effective applications including mid-range and budget vehicles.
The market size of automotive air flow sensors reached USD 1.4 billion in 2023 and is set to witness over 3.5% CAGR between 2024 and 2032, attributed to the presence of stringent emissions standards across the globe.