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Robert Bosch GmbH and Denso Corporation dominate the manifold absolute pressure (MAP) sensor industry with a market share of over 10% in 2023. Bosch focuses on investing heavily in research and development to innovate new MAP sensor technologies. This includes enhancing sensor accuracy, reliability, and integration capabilities. By staying at the forefront of sensor technology, the company differentiates itself in the market and meets evolving customer demands for more advanced automotive solutions.
Denso Corporation innovates in manufacturing processes to enhance efficiency and reduce production costs. The improved manufacturing capabilities enable the company to offer competitive pricing and maintain profitability while meeting increasing demand.
Major players operating in the manifold absolute pressure (MAP) sensor industry are:
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.
Asia Pacific market held over 45% share in 2023, due to rapid economic growth and urbanization.
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.
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.