PUBLISHER: Allied Market Research | PRODUCT CODE: 1566855
PUBLISHER: Allied Market Research | PRODUCT CODE: 1566855
Automobile Oxygen Sensor (Lambda Sensor) Market By Type (Oxygen Sensor, Dynamic Sensor) , By Distribution Channel (OEM, Aftermarket) By Vehicle Type (Passenger Cars, Commercial Vehicles) : Global Opportunity Analysis and Industry Forecast, 2024-2033
Automobile Oxygen Sensor (Lambda Sensor) Market
The global automobile oxygen sensor (lambda sensor) market was valued at $30.5 billion in 2023 and is projected to reach $50.3 billion by 2033, growing at a CAGR of 5.4% from 2024 to 2033.
An automobile oxygen sensor is an electronic device which acts as a measuring probe to monitor the concentration of oxygen dissolved in the gas present in the exhaust system of automobiles. On the basis of its shape and size, the sensor resembles a spark plug. These sensors are critical in determining the air-fuel ratio of vehicles in real-time. The data collected by the sensor is transmitted to the engine control unit, which maintains the ratio of air and fuel for clean and efficient operations of automobiles.
The implementation of strict norms regarding emissions from automobiles is a significant driver of the automobile oxygen sensor (lambda sensor) market. In addition, these sensors boost the reliability and efficiency of vehicles, hence increasing their demand among end users. The development of wideband oxygen sensors is trending in the market currently as the air-to-fuel ratio measured by these sensors is more precise and over a broad range when compared to the regular oxygen sensors. These attributes of wideband oxygen sensors are expected to make them a critical component for tuning automobiles.
However, the integration of technological advancements into the sensors increases their overall production costs, making them uneconomical for a wide base of end users. In addition, the maintenance requirements of automobile oxygen sensors are excessive, thereby posing a challenge for market expansion. On the contrary, surge in global demand for automobiles with advanced features presents a lucrative opportunity for the market players. Moreover, the implementation of inviolable rules by the governments of various countries promotes the deployment of oxygen sensors into automobiles. For instance, the European Commission has strictly mandated using on-board diagnostic systems for vehicles. This includes timely evaluation & replacement of oxygen sensors for reduced emissions and enhanced performance of automobiles.
Segment Review
The global automobile oxygen sensor (lambda sensor) market is segmented into type, distribution channel, vehicle type, and region. On the basis of type, the market is bifurcated into oxygen sensor and dynamic sensor. By distribution channel, it is divided into OEM and aftermarket. Depending on vehicle type, it is classified into passenger cars and commercial vehicles. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
On the basis of type, the oxygen sensor segment is anticipated to dominate the market during the forecast period.
By distribution channel, the aftermarket segment is expected to exhibit the highest growth during the forecast period.
Depending on vehicle type, the passenger cars segment is projected to be the major shareholder during the forecast period.
Region wise, North America is predicted to be the major revenue generator by 2033.
Competition Analysis
The major players operating in the global automobile oxygen sensor (lambda sensor) market are BBT Automotive Components GmbH, BorgWarner Inc., Ceradex Corporation, Continental AG, DENSO CORPORATION, Francisco Albero SAU, Fujikura Ltd., HELLA GmbH & Co. KGaA, NGK Spark Plug Co. Ltd, and Robert Bosch GmbH. These players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the market.
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- Investment Opportunities
- Market share analysis of players by products/segments
- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Market share analysis of players at global/region/country level
- SWOT Analysis
Key Market Segments
By Type
- Oxygen Sensor
- Dynamic Sensor
By Distribution Channel
- OEM
- Aftermarket
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Malaysia
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA
Key Market Players:
- BBT Automotive Components GmbH
- BorgWarner Inc.
- Ceradex Corporation
- Continental AG
- DENSO CORPORATION
- Francisco Albero SAU
- Fujikura Ltd.
- HELLA GmbH & Co. KGaA
- NGK Spark Plug Co. Ltd
- Robert Bosch GmbH
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report Description
- 1.2. Key Market Segments
- 1.3. Key Benefits
- 1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
- 3.1. Market Definition and Scope
- 3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
- 3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: AUTOMOBILE OXYGEN SENSOR (LAMBDA SENSOR) MARKET, BY TYPE
- 4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Type
- 4.2. Oxygen Sensor
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
- 4.3. Dynamic Sensor
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
CHAPTER 5: AUTOMOBILE OXYGEN SENSOR (LAMBDA SENSOR) MARKET, BY DISTRIBUTION CHANNEL
- 5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Distribution Channel
- 5.2. OEM
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
- 5.3. Aftermarket
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
CHAPTER 6: AUTOMOBILE OXYGEN SENSOR (LAMBDA SENSOR) MARKET, BY VEHICLE TYPE
- 6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Vehicle Type
- 6.2. Passenger Cars
- 6.2.1. Key Market Trends, Growth Factors and Opportunities
- 6.2.2. Market Size and Forecast, By Region
- 6.2.3. Market Share Analysis, By Country
- 6.3. Commercial Vehicles
- 6.3.1. Key Market Trends, Growth Factors and Opportunities
- 6.3.2. Market Size and Forecast, By Region
- 6.3.3. Market Share Analysis, By Country
CHAPTER 7: AUTOMOBILE OXYGEN SENSOR (LAMBDA SENSOR) MARKET, BY REGION
- 7.1. Market Overview
- 7.1.1 Market Size and Forecast, By Region
- 7.2. North America
- 7.2.1. Key Market Trends and Opportunities
- 7.2.2. Market Size and Forecast, By Type
- 7.2.3. Market Size and Forecast, By Distribution Channel
- 7.2.4. Market Size and Forecast, By Vehicle Type
- 7.2.5. Market Size and Forecast, By Country
- 7.2.6. U.S. Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.2.6.1. Market Size and Forecast, By Type
- 7.2.6.2. Market Size and Forecast, By Distribution Channel
- 7.2.6.3. Market Size and Forecast, By Vehicle Type
- 7.2.7. Canada Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.2.7.1. Market Size and Forecast, By Type
- 7.2.7.2. Market Size and Forecast, By Distribution Channel
- 7.2.7.3. Market Size and Forecast, By Vehicle Type
- 7.2.8. Mexico Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.2.8.1. Market Size and Forecast, By Type
- 7.2.8.2. Market Size and Forecast, By Distribution Channel
- 7.2.8.3. Market Size and Forecast, By Vehicle Type
- 7.3. Europe
- 7.3.1. Key Market Trends and Opportunities
- 7.3.2. Market Size and Forecast, By Type
- 7.3.3. Market Size and Forecast, By Distribution Channel
- 7.3.4. Market Size and Forecast, By Vehicle Type
- 7.3.5. Market Size and Forecast, By Country
- 7.3.6. France Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.3.6.1. Market Size and Forecast, By Type
- 7.3.6.2. Market Size and Forecast, By Distribution Channel
- 7.3.6.3. Market Size and Forecast, By Vehicle Type
- 7.3.7. Germany Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.3.7.1. Market Size and Forecast, By Type
- 7.3.7.2. Market Size and Forecast, By Distribution Channel
- 7.3.7.3. Market Size and Forecast, By Vehicle Type
- 7.3.8. Italy Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.3.8.1. Market Size and Forecast, By Type
- 7.3.8.2. Market Size and Forecast, By Distribution Channel
- 7.3.8.3. Market Size and Forecast, By Vehicle Type
- 7.3.9. Spain Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.3.9.1. Market Size and Forecast, By Type
- 7.3.9.2. Market Size and Forecast, By Distribution Channel
- 7.3.9.3. Market Size and Forecast, By Vehicle Type
- 7.3.10. UK Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.3.10.1. Market Size and Forecast, By Type
- 7.3.10.2. Market Size and Forecast, By Distribution Channel
- 7.3.10.3. Market Size and Forecast, By Vehicle Type
- 7.3.11. Russia Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.3.11.1. Market Size and Forecast, By Type
- 7.3.11.2. Market Size and Forecast, By Distribution Channel
- 7.3.11.3. Market Size and Forecast, By Vehicle Type
- 7.3.12. Rest of Europe Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.3.12.1. Market Size and Forecast, By Type
- 7.3.12.2. Market Size and Forecast, By Distribution Channel
- 7.3.12.3. Market Size and Forecast, By Vehicle Type
- 7.4. Asia-Pacific
- 7.4.1. Key Market Trends and Opportunities
- 7.4.2. Market Size and Forecast, By Type
- 7.4.3. Market Size and Forecast, By Distribution Channel
- 7.4.4. Market Size and Forecast, By Vehicle Type
- 7.4.5. Market Size and Forecast, By Country
- 7.4.6. China Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.4.6.1. Market Size and Forecast, By Type
- 7.4.6.2. Market Size and Forecast, By Distribution Channel
- 7.4.6.3. Market Size and Forecast, By Vehicle Type
- 7.4.7. Japan Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.4.7.1. Market Size and Forecast, By Type
- 7.4.7.2. Market Size and Forecast, By Distribution Channel
- 7.4.7.3. Market Size and Forecast, By Vehicle Type
- 7.4.8. India Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.4.8.1. Market Size and Forecast, By Type
- 7.4.8.2. Market Size and Forecast, By Distribution Channel
- 7.4.8.3. Market Size and Forecast, By Vehicle Type
- 7.4.9. South Korea Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.4.9.1. Market Size and Forecast, By Type
- 7.4.9.2. Market Size and Forecast, By Distribution Channel
- 7.4.9.3. Market Size and Forecast, By Vehicle Type
- 7.4.10. Australia Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.4.10.1. Market Size and Forecast, By Type
- 7.4.10.2. Market Size and Forecast, By Distribution Channel
- 7.4.10.3. Market Size and Forecast, By Vehicle Type
- 7.4.11. Thailand Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.4.11.1. Market Size and Forecast, By Type
- 7.4.11.2. Market Size and Forecast, By Distribution Channel
- 7.4.11.3. Market Size and Forecast, By Vehicle Type
- 7.4.12. Malaysia Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.4.12.1. Market Size and Forecast, By Type
- 7.4.12.2. Market Size and Forecast, By Distribution Channel
- 7.4.12.3. Market Size and Forecast, By Vehicle Type
- 7.4.13. Indonesia Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.4.13.1. Market Size and Forecast, By Type
- 7.4.13.2. Market Size and Forecast, By Distribution Channel
- 7.4.13.3. Market Size and Forecast, By Vehicle Type
- 7.4.14. Rest of Asia-Pacific Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.4.14.1. Market Size and Forecast, By Type
- 7.4.14.2. Market Size and Forecast, By Distribution Channel
- 7.4.14.3. Market Size and Forecast, By Vehicle Type
- 7.5. LAMEA
- 7.5.1. Key Market Trends and Opportunities
- 7.5.2. Market Size and Forecast, By Type
- 7.5.3. Market Size and Forecast, By Distribution Channel
- 7.5.4. Market Size and Forecast, By Vehicle Type
- 7.5.5. Market Size and Forecast, By Country
- 7.5.6. Brazil Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.5.6.1. Market Size and Forecast, By Type
- 7.5.6.2. Market Size and Forecast, By Distribution Channel
- 7.5.6.3. Market Size and Forecast, By Vehicle Type
- 7.5.7. South Africa Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.5.7.1. Market Size and Forecast, By Type
- 7.5.7.2. Market Size and Forecast, By Distribution Channel
- 7.5.7.3. Market Size and Forecast, By Vehicle Type
- 7.5.8. Saudi Arabia Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.5.8.1. Market Size and Forecast, By Type
- 7.5.8.2. Market Size and Forecast, By Distribution Channel
- 7.5.8.3. Market Size and Forecast, By Vehicle Type
- 7.5.9. UAE Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.5.9.1. Market Size and Forecast, By Type
- 7.5.9.2. Market Size and Forecast, By Distribution Channel
- 7.5.9.3. Market Size and Forecast, By Vehicle Type
- 7.5.10. Argentina Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.5.10.1. Market Size and Forecast, By Type
- 7.5.10.2. Market Size and Forecast, By Distribution Channel
- 7.5.10.3. Market Size and Forecast, By Vehicle Type
- 7.5.11. Rest of LAMEA Automobile Oxygen Sensor (Lambda Sensor) Market
- 7.5.11.1. Market Size and Forecast, By Type
- 7.5.11.2. Market Size and Forecast, By Distribution Channel
- 7.5.11.3. Market Size and Forecast, By Vehicle Type
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top Winning Strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top Player Positioning, 2023
CHAPTER 9: COMPANY PROFILES
- 9.1. BBT Automotive Components GmbH
- 9.1.1. Company Overview
- 9.1.2. Key Executives
- 9.1.3. Company Snapshot
- 9.1.4. Operating Business Segments
- 9.1.5. Product Portfolio
- 9.1.6. Business Performance
- 9.1.7. Key Strategic Moves and Developments
- 9.2. BorgWarner Inc.
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Operating Business Segments
- 9.2.5. Product Portfolio
- 9.2.6. Business Performance
- 9.2.7. Key Strategic Moves and Developments
- 9.3. Ceradex Corporation
- 9.3.1. Company Overview
- 9.3.2. Key Executives
- 9.3.3. Company Snapshot
- 9.3.4. Operating Business Segments
- 9.3.5. Product Portfolio
- 9.3.6. Business Performance
- 9.3.7. Key Strategic Moves and Developments
- 9.4. Continental AG
- 9.4.1. Company Overview
- 9.4.2. Key Executives
- 9.4.3. Company Snapshot
- 9.4.4. Operating Business Segments
- 9.4.5. Product Portfolio
- 9.4.6. Business Performance
- 9.4.7. Key Strategic Moves and Developments
- 9.5. DENSO CORPORATION
- 9.5.1. Company Overview
- 9.5.2. Key Executives
- 9.5.3. Company Snapshot
- 9.5.4. Operating Business Segments
- 9.5.5. Product Portfolio
- 9.5.6. Business Performance
- 9.5.7. Key Strategic Moves and Developments
- 9.6. Francisco Albero SAU
- 9.6.1. Company Overview
- 9.6.2. Key Executives
- 9.6.3. Company Snapshot
- 9.6.4. Operating Business Segments
- 9.6.5. Product Portfolio
- 9.6.6. Business Performance
- 9.6.7. Key Strategic Moves and Developments
- 9.7. Fujikura Ltd.
- 9.7.1. Company Overview
- 9.7.2. Key Executives
- 9.7.3. Company Snapshot
- 9.7.4. Operating Business Segments
- 9.7.5. Product Portfolio
- 9.7.6. Business Performance
- 9.7.7. Key Strategic Moves and Developments
- 9.8. HELLA GmbH And Co. KGaA
- 9.8.1. Company Overview
- 9.8.2. Key Executives
- 9.8.3. Company Snapshot
- 9.8.4. Operating Business Segments
- 9.8.5. Product Portfolio
- 9.8.6. Business Performance
- 9.8.7. Key Strategic Moves and Developments
- 9.9. NGK Spark Plug Co. Ltd
- 9.9.1. Company Overview
- 9.9.2. Key Executives
- 9.9.3. Company Snapshot
- 9.9.4. Operating Business Segments
- 9.9.5. Product Portfolio
- 9.9.6. Business Performance
- 9.9.7. Key Strategic Moves and Developments
- 9.10. Robert Bosch GmbH
- 9.10.1. Company Overview
- 9.10.2. Key Executives
- 9.10.3. Company Snapshot
- 9.10.4. Operating Business Segments
- 9.10.5. Product Portfolio
- 9.10.6. Business Performance
- 9.10.7. Key Strategic Moves and Developments
