Remote Automotive Exhaust Sensing Market Size is Estimated to grow at a CAGR of 15% during the forecast period

Remote Automotive Exhaust Sensing Market Size is Estimated to grow at a CAGR of 15% during the forecast period

  • The remote automotive exhaust sensing market is expected to grow at a compound annual growth rate (CAGR) of 15% from 2024 to 2032. The market was valued at approximately USD 90 million in 2023 and is expected to reach USD 500 million in 2032.
  • The market is expected to play a significant role in monitoring and controlling vehicle emissions, supporting efforts to achieve healthier and cleaner environments.
  • Remote sensors are positioned at different spots, including roadside stands, toll booths, or traffic junctions, to collect exhaust fumes from driving cars without requiring direct touch or interfering with the flow of traffic.

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GROWTH DRIVERS

  • The demand for remote automotive exhaust sensing technology is being driven by the increasing awareness of the harmful effects that air pollution, especially that caused by vehicle emissions, can have on one's health.
  • In addition, stringent regulations from government and regulatory bodies are driving this demand as well, as they aim to reduce vehicle emissions and improve air quality.
  • Concerns about vehicle emissions and air quality are being exacerbated by urbanization and growing traffic in major cities across the globe.
  • As a result, there is an increasing need for remote automotive exhaust or sensing systems to monitor and control the pollution levels from the vehicles in the urban environment, which is a major market driver.


MARKET SEGMENTATION:

·?????????By Fuel Type –?

·???????? Petrol

·???????? Diesel

·?????????By Component Type –?

·???????? Hardware

·???????? Software

·???????? Services

·?????????By Different Pollutants –?

·???????? CO

·???????? CO2

·???????? NOX

·???????? PM

·?????????By Region –?

·???????? North America

·???????? Europe

·???????? Asia Pacific

·???????? The Middle East and Africa

·???????? South America

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Global Key Players:

·?????????OPUS

·?????????HEAT

·?????????Bosch

·?????????AECC

·?????????Delphi

·?????????Automotive Test Systems

·?????????Infineon Technologies

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Contact:???????????????????????????????????????????

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Contact Person:? James Lin

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