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Technological innovations in sensor technology, such as improved sensitivity and miniaturization, are enhancing the effectiveness of knock sensors. This leads to better engine management and increased adoption of modern vehicles. Newer knock sensors boast improved sensitivity and thus allow them to detect even quieter or incipient knocking events within the engine. These finer detection capabilities translate to more precise adjustments to ignition timing, leading to even more optimized combustion and potentially better fuel efficiency.
Further, modern knock sensors are becoming increasingly smaller and lighter, and this miniaturization makes it easier to integrate them into different engine designs, thus potentially creating opportunities for applications in even more vehicles. In addition, smaller sensors can be placed closer to the combustion chamber, leading to faster and more accurate knock detection. In February 2024, Bosch unveiled its latest knock sensor technology with enhanced sensitivity and digital integration, enabling more precise engine control. It focuses on enhanced sensitivity and digital integration. This positions Bosch competitively within the market and highlights the ongoing focus on improving knock sensor capabilities.
Governments worldwide have been imposing stricter emission standards to reduce vehicle emissions and improve air quality. These regulations target pollutants such as nitrogen oxides (NOx) and hydrocarbons (HC) which contribute to smog and other environmental problems. Automotive knock sensors play a crucial role in optimizing engine performance and ensuring compliance with these regulations by detecting engine knock and enabling precise engine control.
In June 2024, the European Commission revised the Euro 7 emission standards, requiring more stringent NOx and CO2 limits for vehicles??. These regulations emphasize the need for advanced engine control technologies, including knock sensors, to meet the new standards?. To meet these new standards, car manufacturers in Europe will be required to adopt advanced technologies that improve engine efficiency and reduce emissions and knock sensors will be a breakthrough technology in this situation.
The piezoelectric knock offering segment captured over 70% the automotive knock sensor market share in 2023, owing to their high sensitivity, durability, and ability to operate under extreme conditions.
Automotive knock sensor industry size was worth USD 748.7 million in 2023 and is projected to expand at over 4% CAGR from 2024 to 2032, on account of the growing focus on fuel efficiency and reducing fuel consumption.
The passenger vehicles application segment in the automotive knock sensor industry is projected to record USD 700 million by 2032, due to the high volume of vehicle production.
Asia Pacific automotive knock sensor industry recorded 35% market share in 2023, led by the rapid industrialization and increasing adoption of advanced engine management systems.