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NEW YORK, July 18, 2022 /PRNewswire/ — The automotive cabin air quality sensor market share is expected to increase by 2.70 million units from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 3.70% as per the latest market forecast report by Technavio. The automotive cabin AQS market is fragmented and the vendors are developing more efficient sensor solutions for vehicle cabins to compete in the market. Amphenol Corp., Hanon Systems, HELLA GmbH & Co. KGaA, Honeywell International Inc., OMRON Corp., paragon GmbH & Co. KGaA, Prodrive Technologies BV, SENSATA TECHNOLOGIES HOLDING PLC, Sensirion AG, and Valeo SA are among some of the major market participants.
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The automotive cabin air quality sensor market report covers the following areas:
- Automotive Cabin Air Quality Sensor Market Size
- Automotive Cabin Air Quality Sensor Market Trends
- Automotive Cabin Air Quality Sensor Market Industry Analysis
Major Driver:
- Before users came to know about the benefits of cabin air filters, they were simply an extra accessory. Customers with pollen allergy soon understood its benefits and started to spread the word. Later, with the advancement of filter technology, the filter was capable of filtering even odor and small pollutants. With the increase in health advantages, users soon started buying vehicles with HVAC. This demand has made HVAC a common feature in all vehicles. Globally, governments have played a crucial role in spreading awareness and restricting vehicular pollution by enforcing emission norms. These emission norms deal with the levels of carbon monoxide, nitrogen oxide, hydrocarbons+nitrogen oxides, and atmospheric particulate matter in the air. Pressure from the government caused the vehicle manufacturers to make changes in engine design for low emissions and include cabin air filters for passenger safety. It is easier for people to get exposed to air pollution in an open environment than in an enclosed area. Therefore, the adoption of automotive cabin AQS is growing in modern vehicles as the vehicle vulnerability to air pollution remains high while driving.
Major Challenges:
- The high economic growth in the past made China the leading market for automotive production and sales. Thus, China accounted for the majority of the incremental demand for automotive components such as ADAS. However, the ongoing slowdown and the risk of a further slowdown of the economy in China can severely impact the adoption of automobiles …
Full story available on Benzinga.com
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