Crankshaft Position Sensor Market Size, Share & Industry Analysis, By Type (Linear Position Sensors, Rotary Position Sensors, Proximity Sensors), By Application Type (Passenger Cars, Commercial Vehicles) And Regional Forecast, 2024-2032

The crankshaft position sensors are mainly variable reluctance magnetic sensor devices. These sensors are one of the most significant elements in the engine management systems. The crankshaft position sensors are used to offer rotational speed of the crankshaft and the information of its position in the internal combustion engine to the engine management system. The main function of the sensor is to determine the rotational speed (RPM) and crank velocity. It also records the rate of the crankshaft rotation and sends it to the electronic control unit (ECU). The ECU then regulates the ignition, fuel injection and other key engine parameters according to the information provided. The position of the crankshaft plays a vital role in defining the effectiveness of the data to be collected. The crankshaft position sensors have numerous advantages in terms of accurate digital measurement of rotational velocity, high resistance to external intervention, high-quality component technology developed and manufactured with very minute tolerances. The latest crankshaft position sensors are designed as closed elements in order to avoid water damage from other fluids. This development in crankshaft position sensor design and technological advancement is driving market growth. Globally, the adoption rate of crankshaft position sensors in vehicles has increased. The rise in the global vehicle production and strict vehicular emission regulations are the few of the major growth drivers of the global crankshaft position sensor market.

Key Market Driver -

Stringent emission standards and growing production rate is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

Malfunctioning of sensors may hinder the growth of the market during the forecast period.

Market Segmentation:

Globally, the Crankshaft Position Sensor market is segmented by type, by application type, and by geographic coverage. Based in type, the market is further segmented into linear position sensors, rotary position sensors, and proximity sensors. The rotary position sensors accounts for the major share in the global market. The rotary position sensors can measure the rotational angle based on the output voltage. The rotation to be calculated is related to the movement of the slider, which causes a change in resistance, and then is converted the changes in output voltage by the sensor circuit. Unlike the trim potentiometer, the rotary position sensor has a long rotation life and greater durability. The main objective of the crankshaft position sensor is to determine the position and speed (RPM) of the crankshaft. The engine control unit uses the data sent by the sensors to regulate the parameters including fuel injection timing and ignition timing. The application type is further segmented into passenger cars and commercial vehicles. The passenger cars segment holds the largest share in the global market owing to the globally increasing production and sales of passenger cars. Nowadays, majority of the on-road vehicles are equipped with multiple transmission sensors. These sensors provide the rotational speed of the input as well as output shaft to the engine control unit of the vehicle to attain smooth and effective functioning of the vehicles. Moreover, the increasing demand for improved safety in vehicles and rising concern of vehicular emission is compelling automotive manufactures to adopt advanced technology in their vehicle models which is expected to boost the growth of the market in this segment.

Key Players:

Major players operating in the global Crankshaft Position Sensor market include Robert Bosch GmbH, Autoliv Inc., Valeo S.A., Denso Corporation, Dorman Products, Inc., Beck Arnley, ACDelco Corporation, Delphi Automotive PLC, MTS Systems Corporation, and Honeywell International Inc. among others.

KeyInsights

• New Advancements in Crankshaft Position Sensor


• Number of Products, Key Countries, 2019


• New Product Launches, Key Players

Regional Analysis:

Geographically, the Crankshaft Position Sensor market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Europe holds the major share in the global market owing to the presence of leading automotive players and stringent government regulations on vehicular emissions and fuel efficiency in the region. Moreover, the increasing awareness regarding the sustainable use of resources in the European countries have witnessed a positive influence over the crankshaft sensor market in this region. Asia Pacific holds the significant share in the global market owing to the increasing sales and production of vehicles, availability of labour and raw materials in abundance which makes the production and distribution of vehicles and auto components cost-effective thereby adding up to the profits of the local manufacturers.

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Segmentation