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Automotive Crankshaft Sensor Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2023-2030

Published Date: October, 2022
No of Pages: 159
Delivery Format: PDF+ Excel

$2,950.00

The market for automotive crankshaft sensors is anticipated to expand at a CAGR of 5.01% over the course of the forecast period, from an estimated USD 2.53 billion in 2020 to USD 3.28 billion by 2025. The market is fueled by rising car production and stricter emission standards. Automotive crankshaft sensors are projected to have the highest market in the Asia Pacific area, followed by North America and Europe. The engine management system’s most important component is the vehicle crankshaft sensor.

It is employed to keep track of the crankshaft’s location and rate of rotation. The sensor gives the engine control unit crucial information that is needed for tasks like fuel injection, ignition timing, and other aspects of engine management. With the introduction of new technologies like electric automobiles, driverless vehicles, and connected vehicles, the automotive industry is going through a shift. The market for automotive crankshaft sensors is primarily driven by rising vehicle production and stricter emission standards.

Automotive crankshaft sensors are projected to have the highest market in the Asia Pacific area, followed by North America and Europe. A sensor that measures the crankshaft position and speed in an internal combustion engine is known as an automobile crankshaft sensor. Typically, the sensor is situated close to the crankshaft pulley on the engine block.

Automotive Crankshaft Sensor Market Report Scope and Segmentation 
ATTRIBUTESDETAILS
ESTIMATED YEAR2023
BASE YEAR2022
FORECAST YEAR2030
HISTORICAL YEAR2017-2022
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

The engine control unit (ECU) uses the crankshaft sensor to coordinate the timing of ignition and injector firing. As a result, the engine can function smoothly and effectively.

The engine may misfire or stall if the crankshaft sensor fails. The engine may occasionally refuse to start at all. Have a competent mechanic examine your crankshaft sensor if you think it may be failing.

Opportunities in the Automotive Crankshaft Sensor Market

Crankshaft rotation is monitored by an automotive crankshaft sensor, an essential engine management part. The engine control unit (ECU) uses the electrical signal that the sensor produces to compute engine speed and synchronise the fuel injection and ignition systems.

Usually found in the front of the engine, close to the crankshaft pulley, is the crankshaft sensor. It is made up of a coil of wire and a magnet. The magnet produces a magnetic field while the crankshaft turns. The coil of wire senses this field and generates an electrical signal. The signal is transmitted to the electronic control unit (ECU), which uses it to determine the engine speed and synchronise the fuel injection and ignition systems.

A crucial part of engine control, the crankshaft sensor can fail and result in a number of issues, including misfiring, stalling, and difficulties starting the engine. Therefore, it’s critical to get a reliable crankshaft sensor from a reputed supplier.

During the forecast period, it is anticipated that the worldwide automotive crankshaft sensor market will expand at a CAGR of 5.3%. (2019-2024).

The greatest market for automotive crankshaft sensors is anticipated to be in the Asia-Pacific region due to the region’s rising auto sales and manufacturing. Due to the expanding vehicle fleet and rising demand for aftermarket components, China is the largest market in the Asia-Pacific region.

Limitations of the Automotive Crankshaft Sensor Market

The engine management system’s most important component is the vehicle crankshaft sensor. It notifies the engine control unit when the crankshaft is rotating and monitors that rotation (ECU). This data is used by the ECU to control the timing of the fuel injection and ignition systems.

The market for automobile crankshaft sensors may be hampered by a few problems. First off, compared to other sensors used in the engine management system, the price of the crankshaft sensor is relatively high. This may discourage people from using crankshaft sensors, particularly in underdeveloped nations.

Second, the engine management system must operate correctly for the crankshaft sensors to be reliable. Crankshaft sensors have been known to malfunction, which can harm engines. Because of this, some automakers may be unwilling to use crankshaft sensors. Thirdly, it can be challenging and time-consuming to instal crankshaft sensors. Again, this can result in a decline in the use of crankshaft sensors.

In the upcoming years, a strong rate of growth in the automobile crankshaft sensor market is anticipated. The rising demand for cars with cutting-edge engine management systems will be a major factor in the market’s expansion. The benefits of crankshaft sensors are becoming more widely known, which will accelerate market expansion.

Key Trends in the Automotive Crankshaft Sensor Market

A sensor that tracks the crankshaft’s rotation is known as an automotive crankshaft sensor. Typically, the sensor is situated close to the crankshaft pulley on the engine block. The sensor generates a signal that the engine control unit (ECU) uses to calculate the crankshaft position and engine speed.

A crucial component of the engine management system is the crankshaft sensor. It is employed to keep an eye on the crankshaft’s location and engine speed. Typically, the sensor is situated close to the crankshaft pulley on the engine block. The sensor generates a signal that the engine control unit (ECU) uses to calculate the crankshaft position and engine speed.

An essential component of the engine management system is the crankshaft sensor. It is employed to keep an eye on the crankshaft’s location and engine speed. Typically, the sensor is situated close to the crankshaft pulley on the engine block. The sensor generates a signal that the engine control unit (ECU) uses to calculate the crankshaft position and engine speed.

Market drivers for automotive crankshaft sensors

The primary function of an automotive crankshaft sensor, a crucial part of an automobile’s engine, is to track the crankshaft’s rate of rotation. The crankshaft is in charge of transforming the pistons’ linear action into the rotating motion that turns the wheels of the car. Because of this, the crankshaft sensor plays a crucial role in the engine management system, which uses it to identify potential difficulties including timing errors and engine misfires.

Inductive and Hall-effect crankshaft sensors are the two basic varieties. The electromagnetic field produced by an inductive sensor’s wire coil is disrupted as the crankshaft’s teeth pass through it. The engine control unit (ECU) subsequently processes the generated signal to calculate the crankshaft’s speed and position. On the other hand, Hall effect sensors use a magnetic field to detect the movement of the crankshaft.

Inductive sensors’ key benefit is that they are less susceptible to interference from outside magnetic fields. However, temperature variations have a greater impact on them, which can result in readings that are off. Although Hall effect sensors are more susceptible to interference, they are less impacted by temperature variations.

Crankshaft sensors are frequently found close to the flywheel or the crankshaft pulley. They might sometimes be found inside the engine block itself. The ECU receives the sensor’s signal and processes it to identify the engine’s speed and location. The ECU then uses this knowledge to regulate the fuel injection and ignition timing.

The accuracy of the crankshaft sensor data can be impacted by a variety of factors, including engine vibration, electromagnetic interference, and variations in engine temperature. Engine misfires may result from sensor false signal generation brought on by engine vibration. False signals may also be caused by electromagnetic interference, which may come from the starter, alternator, or ignition system, among other places. The accuracy of the sensor’s measurements can also be impacted by variations in engine temperature.

Impact of COVID-19 on the automotive crankshaft sensor market

The engine management system’s most important component is the vehicle crankshaft sensor. It offers information for fuel injection and ignition timing, as well as aids in monitoring the crankshaft’s location and rate of rotation.

Globally, the car industry has been impacted by the COVID-19 epidemic, with production and sales halting. The market for crankshaft sensors for automobiles has also been directly impacted by this.

The need for car crankshaft sensors is declining because their manufacture has been stopped. Players in the market are expected to see a loss in revenue as a result of this. The supply of raw materials has also been affected, which may cause prices to increase.

However, as production resumes, it is anticipated that the market will rebound. Due to their application in both gasoline and diesel engines, automotive crankshaft sensors are likely to see an increase in demand as the number of electric vehicles grows.

So, despite the COVID-19 pandemic’s immediate effects, it is anticipated that the automobile crankshaft sensor industry will expand over time.

Market Trends in the Automotive Crankshaft Sensor Industry

A device that tracks the crankshaft’s rotating speed and location is called an automotive crankshaft sensor. It is employed to gauge the crankshaft’s speed and establish the cylinders’ firing sequence. On the engine block, close to the crankshaft pulley, is where you’ll find the crankshaft sensor.

A crucial component of the engine management system is the crankshaft sensor. It is employed to gauge engine speed and establish the proper cylinder firing sequence. On the engine block, close to the crankshaft pulley, is where you’ll find the crankshaft sensor. An essential component of the engine management system is the crankshaft sensor. It recognises the proper cylinder firing order and keeps track of the engine speed.

Future Prospects for the Automotive Crankshaft Sensor Market

Crankshaft rotation is tracked with an automotive crankshaft sensor, a type of engine sensor. The engine control unit (ECU) uses the sensor’s data to calculate the timing and length of the engine’s combustion cycle. Normally, the crankshaft sensor is situated close to the flywheel or crankshaft pulley.

An essential part of the engine control system is the crankshaft sensor. It is employed to keep track of the crankshaft’s location and rate of rotation. The ECU controls the timing of the fuel injection and ignition using the information gathered by the sensor. Normally, the crankshaft sensor is situated close to the flywheel or crankshaft pulley.

During the forecast period, it is anticipated that the worldwide automotive crankshaft sensor market will expand at a CAGR of 5.5%. (2019-2024).

The market is primarily being driven by rising car sales and production as well as stricter emission standards. The market for automotive crankshaft sensors is anticipated to be driven by the increased demand for fuel-efficient and low-emission automobiles.

The greatest market for automotive crankshaft sensors is anticipated to be in the Asia-Pacific region due to the region’s rising auto sales and manufacturing. The market for automotive crankshaft sensors is anticipated to be driven by the increased demand for passenger automobiles and commercial vehicles in the area.

By Sensor Type

 

 

    • Magnetic Pick-Up
    • Hall Effect
    • Others

 

By Vehicle Type

 

 

    • Passenger Car
    • Commercial Vehicles

Delphi Automotive, Takata, Infineon Technologies, Robert Bosch, Allegro MicroSystems, LeddarTech, NXP Semiconductors, Micronas Semiconductor Continental, and Denso among the other players.

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