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Automotive engine manufacturers are expanding the number of valves used on the engine to enhance combustion and engine power output. Several motor valves can function effectively with the DOHC, which has two camshafts and two camshaft location sensors on every shaft. Therefore, the adoption of DOHC engines is significantly increasing, which will drive the growth of the automotive camshaft sensors market.
The automotive camshaft location sensors underwent many improvements from contact sensors to contactless sensors and the newest magnetic position sensors. The development of smart position sensors is also driving the market forward. Furthermore, the market has recently seen the emergence of smart sensor technology that enables a metallic object to be directly sensed by removing the need for magnets. Such smart technology is anticipated in camshaft position sensors that will have a positive impact on the growth of the market for automotive camshaft sensor positions.
Automotive Camshaft Position Sensor Market Size
Automotive Camshaft Position Sensor Market Analysis
Automotive Camshaft Position Sensor Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The industry is further likely to grow at a CAGR of 5% in the forecast period of 2024-2032.
The major drivers of the industry include the increasing adoption of DOHC engines as well as growth of smart position sensors.
The technological advancements in camshaft position sensors is anticipated to have a positive effect on the growth of the automotive camshaft sensor position industry.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The leading technologies of automotive camshaft position sensor in the industry are cast, forged steel, and assembled camshaft.
The major vehicles types in the market are passenger vehicles, light commercial vehicle, and heavy commercial vehicle.
The significant sales channels of the product in the industry are OEM (original equipment manufacturers) and aftermarket.
The key players in the industry are Robert Bosch LLC, Spectra Premium Industries Inc., and Standard Motor Products, Inc., among others.
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