Exhaust Sensors Market Growth, Trends Forecasts 2016-2020

Technavio Announces the Publication of its Research Report Global Exhaust Sensor Market 2016-2020

Technavio recognizes the following companies as the key players in the global exhaust sensor market: Continental, Delphi Automotive, Denso, Hitachi Automotive Systems, Robert Bosch, and Sensata Technologies.
Other Prominent Vendors in the market are: ABB, Analog Devices, Broadcom, Emerson Process Management, Faurecia, NGK Spark Plug, Hyundai KEFICO, and Tenneco.

Browse full report with TOC@ https://marketreportscenter.com/reports/356371/global-exhaust-sensors-market-2016-2020

Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be increase in mergers and acquisitions. Existing vendors in the global exhaust sensor market intend to expand their market shares by increasingly being involved in mergers and acquisitions. For instance, Delphi Automotive acquired Antaya Technologies and Unwired Holdings in 2014 to increase its business operations in emerging markets. In October 2014, Sensata Technologies acquired Schrader International, a global leader in tire pressure monitoring sensors (TPMS), to expand its sensor product line. In January 2014, Denso merged its subsidiary Denso Wave with Denso Elecs, which manufactures a broad range of automatic data capture equipment, programmable controllers, industrial robots, sensors, and other apparatus and systems.”

According to the report, increased penetration of diesel engine vehicles will be a key driver for market growth. Diesel engines expel a large amount of particulate compared to gasoline engines. These gasses have a severe impact on the environment and the health of individuals. This generates a need for emission sensors like O2 and NOx sensors and technologies such as SCR, exhaust gas recirculation, and diesel particulate filters to limit emission levels. Fuel efficiency and the low cost of diesel are factors that are increasing the demand for diesel...