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Manifold Absolute Pressure Sensor Market Analysis

Report ID: GMI10240 Published Date: July 2024Report Format: PDF
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Manifold Absolute Pressure Sensor Market Analysis

MAP Sensor Market, By Sales Channel, 2022 – 2032, (USD Million)

Based on the sales channel, the market is categorized into OEM and aftermarket. The OEM sales channel accounted for over 70% of the market share in 2023 and is expected to cross USD 850 million by 2032. OEMs are integrating MAP sensors into new vehicle models to meet regulatory requirements and consumer expectations for performance and efficiency.

Further, MAP sensor manufacturers often establish long-term contracts with automakers, ensuring a steady demand through the OEM sales channel. Also, the demand for customized MAP sensor solutions fosters faster growth in the OEM sales channel. Furthermore, this distribution channel prioritizes the quality and reliability of components, including MAP sensors, to ensure the long-term performance of their vehicles. This focus drives the continuous improvement and adoption of MAP sensors.

Manifold Absolute Pressure (MAP) Sensor Market Share, By Vehicle, 2023

Based on the vehicle, the manifold absolute pressure sensor market is divided into passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and others. The passenger cars segment accounted for around 56% of the market share in 2023. The growth of the segment can be attributed to the growing passenger car sales across the globe.

According to OICA, around 65 million passenger cars were sold in 2023 in comparison to 58.5 million in 2022. This increase drives the demand for MAP sensors as essential components for engine management systems. Also, there is a growing consumer preference for vehicles equipped with advanced features and technologies, including enhanced engine performance and reduced environmental impact, thus driving the demand for high-quality MAP sensors.

Asia Pacific Manifold Absolute Pressure Sensor Market, 2022 -2032, (USD Million)

In Asia Pacific, the manifold absolute pressure sensor market is experiencing high growth, with a share of over 45% in 2023.  Rapid economic growth and urbanization are leading to increased vehicle production and sales in the region. The rising middle-class population and rising disposable incomes are boosting automotive demand, thus driving the need for MAP sensors in both passenger and commercial vehicles. Furthermore, the growing focus on technological advancements and the adoption of sophisticated automotive electronics in Asia-Pacific, which supports the integration of high-performance MAP sensors, drives the market growth.

 

The U.S. Environmental Protection Agency (EPA) imposes stringent regulations on vehicle emissions, pushing automotive manufacturers to integrate advanced MAP sensors to ensure compliance and enhance engine performance. The country is at the forefront of automotive technology innovation. The development of advanced engine control systems and the adoption of turbocharged engines increase the demand for accurate MAP sensors.

Germany is a leading automotive manufacturing hub known for its high-performance and luxury vehicles. The presence of major automakers such as Volkswagen, BMW, and Mercedes-Benz drives the demand for high-quality MAP sensors. These manufacturers are prioritizing fuel efficiency and emission reduction, integrating advanced MAP sensors to optimize engine performance and comply with EU emission standards.

Further, the UAE is expanding its automotive sector with investments in manufacturing and assembling vehicles. This growth in the automotive industry supports the demand for various automotive components, including MAP sensors.

Author: Suraj Gujar, Deeksha Vishwakarma
Frequently Asked Question(FAQ) :

Mention the key players involved in manifold absolute pressure sensor industry?+

BorgWarner Inc., Continental AG, Denso Corporation, Hitachi Automotive Systems, Ltd., Honeywell Corporation, Infineon Technologies AG, NXP Semiconductors, Robert Bosch GmbH, Sensata Technologies, and TE Connectivity.

How big is the Asia Pacific manifold absolute pressure sensor market?+

Asia Pacific market held over 45% share in 2023, due to rapid economic growth and urbanization.

Why is the demand for MAP sensors growing in passenger cars?+

The passenger cars segment in the manifold absolute pressure (MAP) industry accounted for 56% share in 2023 attributed to the growing passenger car sales across the globe.

What is the size of manifold absolute pressure sensor market?+

The market size of manifold absolute pressure (MAP) sensor reached USD 865 million in 2023 and is set to witness 4% CAGR between 2024 and 2032, attributed to the increased advancements in engine management systems.

Manifold Absolute Pressure Sensor Market Scope

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