NEW YORK, Oct. 30, 2023 /PRNewswire/ — The automotive engine oil level sensor market is estimated to grow by USD 1.33 billion from 2023 to 2028, growing at a CAGR of 5.31%. The automotive engine oil level sensor market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer automotive engine oil level sensor market are Amphenol Corp., Cebi International SA, Cummins Inc., General Motors Co., Gill Sensors and Controls Ltd., HELLA GmbH and Co. KGaA, Holykell Sensor Inc., Honeywell International Inc., ifm electronic gmbh, Niterra Co. Ltd., Porsche Automobil Holding SE, Robert Bosch GmbH, Rochester Sensors, Schaeffler AG, Sensata Technologies Inc., SMD Fluid Controls, TDK Corp., TE Connectivity Ltd., Texas Instruments Inc., and Toyota Industries Corp. The report provides a full list of key companies, their strategies, and the latest developments. Download Sample before buying
Company Offering:
- Cummins Inc.: The company offers automotive engine oil level sensor for applications like continuous running engines.
- General Motors Co.: The company automotive engine oil level sensor through its subsidiary ACDelco such as ACDelco Engine Oil Level Sensor D8055.
- ifm electronic gmbh: The company offers automotive engine oil level sensor such as Continuous level sensor LR8010.
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By Geography, the market is classified as APAC, North America, Europe, South America, and Middle East and Africa. APAC will have the largest share of the market. APAC accounts for 53% of market growth. The raised demand and sales of automobiles in China, Japan, South Korea, and India make APAC a predominant region in the global automotive engine oil level sensor market.
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- Impactful driver- Specially developed ultrasonic level sensors for diesel and biodiesel vehicles are the key factor driving the growth of the market. Ultrasonic fuel level sensors are mainly created for diesel and biodiesel vehicles, but these sensors can also be used in other vehicles.
- Key Trend – HELLAs combi sensor for oil quality and oil level management
- Major Challenges – A favorable environment supporting EV adoption globally
Market Segmentation
- By End-user, the market is classified into OEMs and aftermarket. The OEMs segment is estimated to witness significant growth during the forecast period. The OEMs segment is a crucial driver for the global automotive engine oil level sensor market, and the growing adoption of vehicles such as passenger cars and others for everyday commuting or long-distance traveling is encouraging the adoption of exhaust systems across the globe.
Technavio Research experts have provided more insights on the market share of segments – View Sample Report
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The global automotive engine oil market size is estimated to grow by 1,016.72 million L between 2022 and 2027 accelerating at a CAGR of 3.7%.
The automotive engine oil cooler market size is expected to increase by 2481 actual units from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 9.39%.
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Automotive Engine Oil Level Sensor Market Scope |
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Report Coverage |
Details |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.31% |
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YoY growth 2022-2023 (%) |
4.8 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Key countries |
US, China, Japan, India, and Germany |
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
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