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Remote Automotive Exhaust Sensing Market Size

  • Report ID: GMI7116
  • Published Date: Jun 2024
  • Report Format: PDF

Remote Automotive Exhaust Sensing Market Size

Remote Automotive Exhaust Sensing Market size was valued at USD 84.8 million in 2023 and is estimated to register a CAGR of over 15% between 2024 and 2032. Remote automotive exhaust sensing refers to the technology used to monitor and analyze vehicle emissions from a distance. This technology is valuable for environmental monitoring, emission control, and ensuring compliance with emission standards. As governments and environmental agencies worldwide are enacting stricter emission standards, automotive manufacturers and operators are compelled to monitor and reduce emissions more closely.

 

Remote exhaust sensing technology allows for the real-time and non-intrusive monitoring of vehicles on the road, helping ensure compliance with these regulations. For instance, in April 2023, the U.S. Environmental Protection Agency (EPA) announced new proposed federal vehicle emissions standards to accelerate the ongoing transition to a clean vehicles future and tackle the climate crisis. The proposed standards will improve air quality for communities across the nation, especially those communities that have borne the burden of polluted air. This is resulting in a higher demand for such solutions as they enable data-driven emission control, reduced environmental impacts, and compliance with the evolving emission standards, which is beneficial for both the environment and the automotive industry.

 

Precise data measurement of emission levels guarantees accurate measurement of vehicle pollution, enhancing reliability. Consistency is important to track trends over time and make meaningful comparisons. Inconsistencies or inaccuracies can lead to misinformed decisions, potentially impacting air quality, regulatory compliance, and environmental efforts. Maintaining high data accuracy and consistency is vital for the success of remote automotive exhaust sensing systems.

 

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of remote automotive exhaust sensing reached USD 84.8 million in 2023 and is set to grow at around 15% CAGR from 2024 to 2032, due to the rising need for environmental monitoring, emission control, and ensuring compliance with emission standards.

The passenger vehicle type segment in the remote automotive exhaust sensing industry accounted for over 40% revenue share in 2023, owing to the rising global shift towards cleaner and more sustainable transportation.

The petrol fuel type segment in the remote automotive exhaust sensing market is poised to register more than 17% CAGR between 2024 and 2032, due to the presence of less infrastructure for EVs in the developing regions.

Asia Pacific market captured over 35% share in 2023, led by the increasing concerns about air quality and environmental pollution in the region.

Remote Automotive Exhaust Sensing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 338
  • Countries covered: 21
  • Pages: 220
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