According to the recent study the automotive engine coolant temperature sensor market is projected to grow at a CAGR of 5% to 7% from 2020 to 2025. Growth in this market is primarily driven by rise in demand for safety solution, technically advanced features, and advanced safety adaptation in the automotive industry.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in automotive engine coolant temperature sensor market by sensor type (negative temperature coefficient (NTC) sensors and positive temperature coefficient (PTC) sensors), product type (2-wire coolant temperature sensors and 1- wire coolant temperature sensors), vehicle type (ICE, electric vehicles, hybrid vehicles, and plug-in hybrid electric vehicles), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).
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“Positive Temperature Coefficient market is expected to remain the largest segment during the forecast period.”
Based on sensor type, the automotive engine coolant temperature sensor market is segmented into negative temperature coefficient (NTC) sensors and positive temperature coefficient (PTC) sensors. Lucintel forecasts that the positive temperature coefficient market is expected to remain the largest segment due to the increase in demand for standard vehicles, coupled with rapid adoption of advanced driver assistance systems and electronic devices in automobiles.
“Within the automotive engine coolant temperature sensor market, the electric vehicle segment is expected to remain the largest vehicle type.”
Based on vehicle type the electric vehicle segment is expected to witness the highest growth over the forecast period due to rise in concern for environmental protection, increase in the sale of electric vehicles, and governmental initiatives for green vehicles.
“Asia pacific will dominate the automotive engine coolant temperature sensor market in near future.”
APAC will remain the largest region, and it is expected to witness the highest growth over the forecast period, supported by the growth of the automotive industry in India China, and Japan.
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Major players of automotive engine coolant temperature sensor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Delphi, Standard Motor Products, Honeywell, Robert Bosch GmbH, DENSO, ACDelco, Dorman Products, Inc., and Amphenol Sensors are among the major automotive engine coolant temperature sensor providers.

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