Remote Automotive Exhaust Sensing Market Trends

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

Remote Automotive Exhaust Sensing Market Trends

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

2024

Forecast Year

2025-2037

CAGR

14.8%

Base Year Market Size (2024)

USD 96.45 million

Forecast Year Market Size (2037)

USD 580.16 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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Author Credits:  Saima Khursheed


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

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of remote automotive exhaust sensing is estimated at USD 107.87 million.

The remote automotive exhaust sensing market size was over USD 96.45 million in 2024 and is anticipated to cross USD 580.16 million by 2037, witnessing more than 14.8% CAGR during the forecast period i.e., between 2025-2037. The growing sales of automobiles across the globe and the growing demand for fuel will drive the market growth.

Asia Pacific industry is estimated to dominate majority revenue share of 35% by 2037, impelled by growing rate of urbanization in the region.

The major players in the market include Opus Group AB, 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
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