Remote Automotive Exhaust Sensing Market Size & Share, by Fuel Type (Petrol, Diesel); Component (Hardware, Software, Services); Different Pollutants (Carbon Monoxide (CO), Carbon Dioxide (CO2), Nitrogen Oxide (NOX), Particular Matter (PM)); Vehicle Type (Passenger, Commercial, Two Wheelers) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5854
  • Published Date: Mar 08, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Remote Automotive Exhaust Sensing Market size is poised to reach USD 500 Million by the end of 2036, growing at a CAGR of 15% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of remote automotive exhaust sensing was USD 90 Million. The reason behind the growth is impelled by the growing sales of automobiles across the globe. The worldwide rise of the middle class as well as other positive macroeconomic developments will cause the automobile sector to undergo a significant shift between 2020 and 2030. Moreover, sales of electric vehicles have increased dramatically as a result of declining costs, advancing technology, heightened public interest, governmental regulations, and support from the automotive sector. For instance, global car sales increased to around 75 million vehicles in 2023 from approximately 67 million in 2022.

The growing demand for fuel is believed to fuel the market growth. Fossil fuels are the most common source of the rising global energy demand needed to meet the needs of the expanding human population, which still provides for more than 75% of the world's energy requirements..

 


Remote Automotive Exhaust Sensing Market overview
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Remote Automotive Exhaust Sensing Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising Air Pollution – An established technique that can offer distinctive insight into the real contributions of traffic to air pollution is remote sensing whereby a sensor and a light beam are used to assess chemical concentrations in the exhaust as a vehicle passes by. According to the World Health Organization (WHO), an estimated seven million people die from air pollution each year in the world. 
  • Growing Government Initiatives- The government across the globe is making every effort to reduce air pollution and has implemented a variety of regulations to prevent, control, and lessen air pollution nationwide. For instance, the Global Methane Pledge (GMP) is an initiative that encourages countries to voluntarily cut methane emissions by over 25% by 2030 compared to 2020 level.

Challenges

  • High Cost of Implementation - Remote automotive exhaust sensing offers real-time data monitoring and employs sensors and cameras to assess exhaust emissions from vehicles in real-world operations, however their adoption in some vehicles is still restricted by their high cost. Automakers must make a large financial commitment since integrating complicated sensors into vehicles can be challenging, and it may also be challenging to obtain sensors from several vendors.
  • Integration of complex technology may increase the overall cost of the system
  • Stringent emission regulations and standards may limit the adoption

Remote Automotive Exhaust Sensing Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~15%

Base Year Market Size (2023)

~ USD 90 Million

Forecast Year Market Size (2036)

~ USD 500 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Remote Automotive Exhaust Sensing Segmentation

Vehicle Type (Passenger, Commercial, Two Wheelers)

The passenger segment in the remote automotive exhaust sensing market is estimated to gain a robust revenue share of 45% in the coming years owing to the growing demand for passenger vehicles, driven by urbanization, rising disposable incomes, and improving standards of living. There are several environmental challenges, particularly related to emissions and air quality associated with this, and to address these concerns, there is a growing adoption of remote automotive exhaust sensing technology, which plays a pivotal role in emissions monitoring and can assess the emissions performance of vehicles in a non-disruptive manner and identify high-emission vehicles for further inspection.

Component (Hardware, Software, Services)

The software segment in the remote automotive exhaust sensing market is poised to gain a noteworthy revenue share during forecast period.owing to the benefits offered by remote sensing software. Applications of remote sensing extend to many facets of research on the ocean and coastal environments and are among the most crucial instruments in ecology and conservation for the efficient observation of ecosystems over time and place. A software program that analyzes data from remote sensing is known as remote sensing software which bears similarities to graphics software in that both use sophisticated algorithms and data processing skills to provide accurate reporting and analysis of emissions. Software for remote sensing offers all the instruments needed for imaging and geographic analysis and is made to save, retrieve, organize, show, and analyze any kind of geographic or spatial data that comes from data collected by satellites and aerial sensors.

Different Pollutants (Carbon Monoxide (CO), Carbon Dioxide (CO2), Nitrogen Oxide (NOX), Particular Matter (PM))

The Nitrogen Oxide (NOX) segment in the remote automotive exhaust sensing market is set to garner a notable share shortly. An essential component of the exhaust after-treatment system for lowering the concentration of dangerous NOx compounds (nitrogen oxides) is the NOx sensor, which is a very effective, field-tested device that consistently alert the driver to elevated NOx levels, ensuring that the car stays in compliance. The identification and measurement of nitrogen oxides released from moving vehicles depend heavily on NOX sensors which are fitted in the exhaust gas system.

Our in-depth analysis of the global market includes the following segments:

          Fuel Type

  • Petrol
  • Diesel

          Component

  • Hardware
  • Software
  • Services

          Different Pollutants

  • Carbon Monoxide (CO)
  • Carbon Dioxide (CO2)
  • Nitrogen Oxide (NOX)
  • Particular Matter (PM)

          Vehicle Type

  • Passenger
  • Commercial
  • Two Wheelers

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Remote Automotive Exhaust Sensing Industry - Regional Synopsis

APAC Market Forecast

Remote automotive exhaust sensing market in Asia Pacific is predicted to largest share of 42% by 2036. impelled by the growing rate of urbanization. India's urbanization rate is rising owing to better job prospects, commercialization, and greater commercial rewards and prospects than in rural areas. As a result, the country is suffering from increased air pollution issues which is one of the main obstacles facing public health and has been identified as a significant factor in the worldwide disease burden. For instance, more than 43% of India's population is expected to live in urban areas by 2035.

In addition, In Jakarta, Indonesia, TRUE-Asia research on real-world emissions has just started that will employ remote sensing technology to measure the exhaust emissions of tens of thousands of operating vehicles and will offer comprehensive information on the pollutant emissions .

North American Market Statistics

The North America remote automotive exhaust sensing market is estimated to the second largest, during the forecast period. led by the rising personal disposable income. For instance, the United States' disposable personal income rose by over 0.2% in December 2023 compared to the same month the previous year. As a result, more and more people are purchasing vehicles in the region, which may contribute to increasing levels of air pollutants, leading to a higher demand for remote automotive exhaust sensing.

European Market Analysis

Also, the market in Europe is poised to hold a significant share by the end of 2036 driven by a growing focus on carbon neutrality. By 2050, the EU wants to be carbon neutral, which means it must cut greenhouse gas emissions as much as it can. For instance, the European Commission suggested a target to reduce greenhouse gas (GHG) emissions by over 50% by 2030.

 

Research Nester
Remote Automotive Exhaust Sensing Market size
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Companies Dominating the Remote Automotive Exhaust Sensing Landscape

top-features-companies
    • Opus Group AB
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Hager Environmental & Atmospheric Technologies
    • Doppler Environmental Protection Technology Co., Ltd.
    • Anhui Baolong Environmental Protection Technology Co., Ltd.
    • Microchip Technology
    • Korea Environment Corporation
    • Hangzhou Chunlai Technology Co., Ltd.
    • Infineon Technologie

In-the-news

In The News

  • Microchip Technology announced the introduction of the MCP998x family of 10 automotive-qualified remote temperature sensors to support systems that manage several heat elements, and remove the need for extra settings to achieve higher accuracy. 
  • Infineon Technologies announced the launch of the intelligent tire pressure monitoring sensor, Xensiv SP49 optimized to carry out every task necessary to install a contemporary TPMS module, and owing to its low power consumption architecture, the gadget is perfect for battery-powered applications.

Author Credits:  Harshita Srivastava, Saima Khursheed


  • Report ID: 5854
  • Published Date: Mar 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing sales of automobiles across the globe and the growing demand for fuel are the major factors driving the growth of the market.

The market size of remote automotive exhaust sensing is anticipated to attain a CAGR of 15% over the forecast period, i.e., 2024-2036.

The major players in the market are Hager Environmental & Atmospheric Technologies, Doppler Environmental Protection Technology Co., Ltd., Anhui Baolong Environmental Protection Technology Co., Ltd., Korea Environment Corporation, Hangzhou Chunlai Technology Co., Ltd., and others.

The passenger segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Remote Automotive Exhaust Sensing Market Report Scope
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