USD 787.47 million
Report ID:
SQMIG45O2043 |
Region:
Global |
Published Date: April, 2024
Pages:
220
|Tables:
62
|Figures:
70
Global Automotive Knock Sensor Market size was valued at USD 787.47 million in 2022, USD 862.99 million in 2023 and is projected to grow USD 1795.45 million by 2031, growing at a CAGR of 9.59% in the forecast period (2024-2031).
An internal combustion engine's cylinder head or engine block is where the automotive knock sensor is mounted. It is employed to identify knocking sounds coming from an automobile engine's combustion chamber. Piezoelectric components, which make up knock sensors, provide an electric signal in response to detonation-induced vibrations. Whenever there is a spark knock, the engine uses this signal to delay timing. To detect vibrations brought on by engine knock or detonation, the automotive knock sensor is housed in the intake manifold, cylinder head, or lower engine block. The engine's life cycle is shortened by engine knocking, which can occasionally result in engine failure. The engine's longevity will enhance with the detection and mitigation of knocking.
Over the projected period, the automotive knock sensor market will be driven by rising demand from passenger cars and commercial vehicles. Demand is expected to increase throughout the planning horizon due to factors that contributed to the development of an affordable autonomous car detector and increased public funding from many sources for detectors. However, software bugs and expensive vehicle and infrastructure costs could restrict the market's expansion. Furthermore, alliances and collaborations between different automakers, including LiDAR vendors, may create new opportunities in the automotive commercial vehicle sensing sector. Several governments have promoted the use of technology in vehicles to protect their residents' safety.
Global Market Size
USD 787.47 million
Largest Segment
Wide range frequency sensor
Fastest Growth
Linear frequency sensor
Growth Rate
9.59% CAGR
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The global Automotive knock sensor market is segmented based on sensor type, end user and regional type. In terms of sensor type, the market is bifurcated into linear frequency sensor and wide range frequency sensor. Based on end user, the market is grouped into passenger vehicles, medium commercial vehicles, heavy duty commercial vehicles and light duty commercial vehicles. Based on region, the market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. Over the course of the projection period, the market will grow due to a rise in the usage of sensor types.
Analysis by Sensor Type
As per categorization by sensor type, the market is classified into linear frequency sensor and wide range frequency sensor. Among these, wide range frequency sensor earned the largest share and continue to dominate the market. Wide range frequency sensor integration is driving innovation in the global automotive knock sensors market. With the improved precision these sensors provide in identifying engine knocking across a wide range of RPMs, engine longevity and performance are guaranteed. Their capacity to adjust to a variety of engine circumstances, which gives manufacturers and customers dependable options for reducing engine damage and enhancing fuel efficiency, accounts for their market domination.
The accurate and dynamic response of the linear frequency sensor to engine knock is expected to make it the fastest-growing sector in the global automotive knock sensor market. Due to its linear output signal's ability to directly correlate with knock strength, it can detect knocks more accurately and alter engine parameters quickly for optimum performance. These sensors are likely to see substantial expansion in the market due to the increased demand for improved sensitivity and reliability from automakers who place a higher priority on efficiency and emissions management.
Analysis by End User
Through the integration of cutting-edge sensor technology, advancements in the global automotive knock sensors market are transforming passenger cars and improving engine performance and fuel efficiency. As they are so widely used and have such a high demand for dependable and efficient engines, passenger vehicles dominate this industry. The market domination and innovation in the passenger vehicle industry are being driven by the increasing deployment of knock sensors, as manufacturers comply with strict emission rules and consumers priorities smoother driving experiences.
The growing focus on fleet efficiency and emissions management is expected to propel the expansion of medium-sized, heavy-duty, and light-duty commercial vehicles in the global automotive knock sensors market. The incorporation of knock sensors is crucial for the detection of engine irregularities and maintenance of smooth operation as commercial vehicle operators strive to maximize fuel efficiency and adhere to strict environmental laws. Furthermore, developments in sensor technology provide commercial vehicle fleets with affordable options, which encourages their adoption and propels market progress in this sector.
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On account of the strict emission laws and a thriving automotive sector, North America leads the global automotive knock sensor market. The region's emphasis on environmental sustainability and technological breakthroughs drives the use of knock sensors in automobiles, which guarantee legal compliance while improving engine efficiency. North America is leading the industry in addition to having significant market participants and a robust aftermarket network. Europe, on the other hand, takes the lead in the market, distinguished by a developed automotive industry and an increasing focus on lowering car emissions. Tighter pollution regulations, along with rising car production and technical advancements, drive demand for knock sensors, making Europe a major player in the global market.
Asia Pacific registered the fastest rate of growth in the global automotive knock sensors market. This growth is being driven by rising automobile production and rising use of modern engine technology in nations like China, India, and Japan. Latin America is expanding steadily, propelled by increased auto sales and initiatives to cut emissions in nations like Brazil and Mexico. The Middle East and Africa, on the other hand, are developing at a moderate rate. In South Africa, for example, the need for knock sensors is increasing as the country's automotive aftermarket activities expand.
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Drivers
Strict Regulations for Emissions
Growing Need for Vehicles That Use Less Fuel
Restraints
Insufficient Knowledge and Adoption in Developing Markets
Problems of Compatibility with Engine Variability
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Pounding shortens the life of this motor and may even cause an engine problem. By identifying and reducing banging, the lifespan of the car will be increased. The growing demand for passenger cars and commercial vehicles is driving the automobile knocking detector business. Even while production might start up again right away following the lockout, the increase in demand is expected to take some time for the industry to recover, which will have an impact on the companies' earnings. One of the market's top mobilizers of mobility solutions incorporating knock sensor needs is Robert Bosch Inc. The knock sensor is put right away after that crankshaft and detects vibrations in the structure using a capacitive measuring device. The sensors pick up on knocking due to its higher sound frequencies.
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SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, Government pressure to produce engines with lower fuel consumption and emissions is driving the global market for automotive knock sensors. In the face of rising demand for environmentally friendly vehicles, knock sensors are essential for maximizing engine performance and fuel efficiency. The global automotive knock sensor market is not growing as much as it could be due to the lack of awareness and adoption of knock sensor technology in emerging markets, and the need for extensive testing and customization to address compatibility issues with various engine types, which increases the complexity and costs of the integration process, is impeding market expansion.
Automotive knock sensors are in high demand due to the need to prevent engine damage by detecting and mitigating knocking, especially in passenger cars and commercial vehicles. Robert Bosch Inc. is a major player in this market, offering mobility solutions that integrate knock sensor technology, which detects high-frequency sounds and engine vibrations. While the use of electric vehicles is increasing, automotive knock sensors' precision and response time are improved by the incorporation of cutting-edge sensor technology.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 787.47 million |
Market size value in 2031 | USD 1795.45 million |
Growth Rate | 9.59% |
Base year | 2023 |
Forecast period | (2024-2031) |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Automotive Knock Sensor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Knock Sensor Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Knock Sensor Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Automotive Knock Sensor Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG45O2043
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