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Oil Pressure Sensor Market Share

Report ID: GMI10049
Published Date: Jun 2024
Report Format: PDF

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Oil Pressure Sensor Market Share

Bosch and Continental AG dominate the market with around 14% market share. Bosch is renowned for its advanced automotive technologies. It has a significant global presence with a strong foothold in both the APAC & North American markets. The company's oil pressure sensors are integral to various automotive applications. It includes internal combustion engines and hybrid vehicles. Bosch emphasizes innovation, offering sensors with features such as high precision, reliability, and integration capabilities for engine diagnostics & emissions control. Their strategic partnerships with OEMs along with a focus on compliance with stringent emission regulations, underscore Bosch's commitment to enhancing vehicle performance and environmental sustainability.

Continental AG is known for its comprehensive solutions in automotive technologies. Continental's oil pressure sensors are crucial for optimizing engine performance, fuel efficiency, & emissions management in conventional vehicles. The company leverages its expertise in sensor technology to provide highly accurate and reliable solutions, catering to the evolving needs of the automotive industry. Continental's collaborations with major automakers highlight its role in integrating advanced sensor technologies into modern vehicles.

Oil Pressure Sensor Market Companies

Major players operating in the oil pressure sensor industry are:

Continental AG
Delphi Technologies (BorgWarner)
Denso Corporation
Emerson Electric Co.
Honeywell International
NXP Semiconductors
Panasonic Corporation
Robert Bosch
Sensata Technologies
TE Connectivity

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size for oil pressure sensor was valued at USD 3.5 billion in 2023 and is estimated to register over 4% CAGR between 2024 and 2032, as they play a crucial role in monitoring & regulating oil pressure.

Automotive oil pressure sensor market size was USD 1.8 billion in 2023 and will expand rapidly through 2032, driven by the increasing vehicle production and technological advancements.

Asia Pacific market held 35% share in 2023 and will expand rapidly through 2032, driven by the booming automotive industry.

Continental AG, Delphi Technologies (BorgWarner), Denso Corporation, Emerson Electric Co, Honeywell International, NXP Semiconductors, Panasonic Corporation, Robert Bosch, Sensata Technologies, and TE Connectivity among others.