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Automotive Exhaust Gas Sensors Market size is set to grow by USD 11.26 billion from 2024-2028, Increase in demand for automobiles to boost the market growth, Technavio

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NEW YORK, July 2, 2024 /PRNewswire/ — The global automotive exhaust gas sensors market  size is estimated to grow by USD 11.26 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.85%  during the forecast period.  Increase in demand for automobiles is driving market growth, with a trend towards cloud integration with OBD. However, increasing cost burden on oems  poses a challenge. Key market players include ABB Ltd., Analog Devices Inc., BorgWarner Inc., Broadcom Inc., Continental AG, DENSO Corp., Emerson Electric Co., Faurecia SE, HELLA GmbH and Co. KGaA, Hitachi Ltd., Honeywell International Inc., Hyundai Motor Co., Infineon Technologies AG, MS Motorservice International GmbH, Niterra Co. Ltd., Robert Bosch GmbH, Sensata Technologies Inc., Stoneridge Inc., Tenneco Inc., and Tohoku Shibaura Electronics Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Oxygen sensor, Temperature sensor, NOx sensor, Particulate matter sensor, and Differential pressure sensor), End-user (Passenger vehicles and Commercial vehicles), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

ABB Ltd., Analog Devices Inc., BorgWarner Inc., Broadcom Inc., Continental AG, DENSO Corp., Emerson Electric Co., Faurecia SE, HELLA GmbH and Co. KGaA, Hitachi Ltd., Honeywell International Inc., Hyundai Motor Co., Infineon Technologies AG, MS Motorservice International GmbH, Niterra Co. Ltd., Robert Bosch GmbH, Sensata Technologies Inc., Stoneridge Inc., Tenneco Inc., and Tohoku Shibaura Electronics Co. Ltd.

Key Market Trends Fueling Growth

The automotive exhaust gas sensors market is driven by advancements in sensor technology, enabling integration with cloud-based systems. These innovations offer benefits such as online support for repair services, fleet diagnostics, predictive maintenance, and improved driving tracking. However, security and privacy concerns arise due to the potential transfer of sensitive vehicle and personal data without consent. Robust system security and encryptions are essential prerequisites for cloud-connectivity in exhaust gas sensors to mitigate these risks and ensure market growth. 

The Automotive Exhaust Gas Sensors market is experiencing significant growth due to increasing regulations on emissions. These sensors play a crucial role in measuring exhaust gases and ensuring compliance with environmental standards. The market is driven by technological advancements, such as the integration of microelectromechanical systems (MEMS) and the development of real-time monitoring systems. Additionally, the rise in demand for fuel-efficient vehicles and the growing awareness of air quality are key trends shaping the market. The use of autonomous vehicles is also expected to boost the market, as sensors play a vital role in their operation. Overall, the Automotive Exhaust Gas Sensors market is poised for continued expansion in the coming years. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The automotive exhaust gas sensors market is experiencing growth due to stricter emission regulations. OEMs are investing in new technologies and exhaust systems to meet these norms, including engine improvements, NOx and particulate matter treatments, and electronic controls. However, the use of precious metal sensors adds to manufacturing costs and vehicle prices, potentially decreasing demand. High-performance vehicles face even higher sensor replacement costs. These factors may challenge profit margins for OEMs and impact the market during the forecast period.The Automotive Exhaust Gas Sensors market faces several challenges. These sensors are essential for monitoring vehicle emissions and maintaining environmental regulations. However, the development of cost-effective and accurate sensors remains a significant challenge. Additionally, the integration of these sensors into complex vehicle systems requires extensive research and development. Furthermore, the need for sensors to detect various gases, such as carbon monoxide and nitrogen oxides, adds to the complexity. Lastly, ensuring the sensors’ durability and reliability under extreme temperatures and conditions is a continuous challenge. Despite these hurdles, advancements in technology and materials continue to drive innovation in the Automotive Exhaust Gas Sensors market.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This automotive exhaust gas sensors market report extensively covers market segmentation by

Type 1.1 Oxygen sensor1.2 Temperature sensor1.3 NOx sensor1.4 Particulate matter sensor1.5 Differential pressure sensorEnd-user 2.1 Passenger vehicles2.2 Commercial vehiclesGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Oxygen sensor-  Oxygen sensors are essential components in automotive exhaust systems, monitoring exhaust gas emissions and maintaining optimal engine performance. These closed-loop sensors detect oxygen molecules to determine the engine’s air-fuel mixture, ensuring it adheres to the stoichiometric ratio. Placed before and after the catalytic converter, they help reduce hydrocarbons and NOx emissions. Manufactured with zirconium bulbs and platinum electrodes, they have become standard equipment due to increasing regulatory compliance. New technologies like MEMS semiconductors are driving down costs, leading to wider adoption and market growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Automotive Exhaust Gas Sensors Market encompasses the production, sales, and installation of sensors used to monitor exhaust gas emissions in automotive vehicles. These sensors play a crucial role in ensuring compliance with norms and regulations regarding vehicular emissions. They measure physical properties such as temperature, fluid level, and pressure to detect overheating, NOx emissions, and other pollutants. Exhaust gas sensors are integral components of engine control units in both passenger cars and commercial vehicles. Their function is essential for both efficiency, safety, and comfort, as well as for pollution control. The market for these sensors is expanding, driven by the growing demand for electric vehicles and the need for advanced exhaust sensors to improve exhaust gas treatment systems in diesel cars.

Learn and explore more about Technavio’s in-depth research reports

The global Automotive Engineering Service Providers (ESP) market is witnessing significant growth, driven by advancements in vehicle technologies and the increasing demand for innovative engineering solutions. Concurrently, the global Micromobility market is booming as urban areas embrace sustainable and efficient transportation options, such as e-scooters and e-bikes. Additionally, the global Automotive Digital Key market is expanding rapidly, fueled by the rising adoption of connected cars and the need for enhanced vehicle security and convenience. Together, these markets reflect a dynamic shift towards smarter, more efficient, and secure mobility solutions worldwide.

Market Research Overview

The Automotive Exhaust Gas Sensors market is a significant segment in the automotive industry, focusing on the development and implementation of sensors used to monitor exhaust gas emissions. These sensors play a crucial role in ensuring compliance with environmental regulations and improving vehicle performance. The market encompasses various types of sensors, including oxygen sensors, NOx sensors, and CO sensors. The demand for these sensors is driven by stringent emission norms and the increasing awareness of environmental sustainability. The market is also influenced by technological advancements, such as the integration of advanced sensors and the adoption of electric vehicles. The future of the Automotive Exhaust Gas Sensors market lies in the development of sensors that can accurately measure a wider range of emissions and provide real-time data to optimize vehicle performance and reduce emissions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeOxygen SensorTemperature SensorNOx SensorParticulate Matter SensorDifferential Pressure SensorEnd-userPassenger VehiclesCommercial VehiclesGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

 

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Fosi Audio Launches 7th Anniversary Celebration with the Theme “Your Voice Rocks & Sparks”

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NEW YORK, Sept. 20, 2024 /PRNewswire/ — Fosi Audio, a beloved brand among audiophiles worldwide, has officially launched its grand 7th-anniversary celebration under the theme “Your Voice Rocks & Sparks.” This milestone event has garnered significant attention within the audio community, with well-known audio reviewers and influencers such as Cheapaudioman, Z Reviews, Utilitarian TV, and numerous Fosi Audio fans and distributors recording special video messages to celebrate the occasion.

Achievements Powered by User Voice

Valuing the voice of its users and driven by their needs, Fosi Audio has always strived to create products that truly resonate with its audience. In 2024, Fosi Audio released several co-created audio products with global audiophiles, including the LC30, a VU meter amplifier/speaker switcher adored by vintage audio enthusiasts; the PH05, a headphone splitter amplifier recognized by music education charities; and the highly anticipated V3 Mono monoblock amplifier, which captured the attention of home audio enthusiasts worldwide. With its exceptional sound quality, ample power output, compact modern design, and outstanding value for the price, the V3 Mono received an overwhelming response on Kickstarter, selling over 4,000 units and earning widespread acclaim from users. This success marks another milestone in Fosi Audio’s rapid growth.

As part of this 7th-anniversary celebration, Fosi Audio is introducing yet another co-created product with its users—the ZD3 fully balanced desktop DAC. Following the launch of the ZA3 dual-mode balanced amplifier and V3 Mono, the ZD3 was developed with deep user involvement and feedback, making it a flagship desktop DAC inspired by audiophiles worldwide. The ZD3 is now available for pre-order, and subscribers to the Fosi Audio website can enjoy a 20% early bird discount. The first 300 customers to place an order will also receive special 7th-anniversary edition items, including a custom ZD3 knob, a VOL20 wireless volume knob, and other branded merchandise.

Next Action in Prioritizing VOC

Fosi Audio’s commitment to customer-driven innovation has resulted in numerous achievements, but the company is not resting on its laurels. Recently, Fosi Audio has strengthened its connection with users through one-on-one interviews, surveys, and community interactions on specialized forums and social media platforms. By deeply listening to user feedback, the company transforms these insights into innovative product ideas. During this anniversary celebration, renowned influencer Z Reviews shared a video showcasing the idea of the LC40, a VU meter preamp co-designed with Fosi Audio, which is now in the early stages of development. This collaboration is expected to receive positive market feedback. Additionally, Fosi Audio is hosting a special “External Product Manager” program, inviting audiophiles to share their creative product design proposals on its official forum. The most innovative and feasible proposals will be selected for development, and Fosi Audio will collaborate with these enthusiasts to create the next product.

Special Offers for Fans

Moreover, Fosi Audio has prepared various exclusive perks for audiophiles during this celebration. Users can participate in a slot machine giveaway on the event page for a chance to win prizes such as free ZD3 DACs, VOL20 volume knobs, 7th-anniversary merchandise, and shopping vouchers with discounts of up to 30%. As a long-standing Best Seller across major online sales platforms, Fosi Audio is also launching special anniversary promotions with discounts of up to 20%, giving back to audio enthusiasts around the world and celebrating this milestone together.

About Fosi Audio

Guided by its mission of “Redefining HiFi with Unmatched Value”, Fosi Audio is dedicated to developing and bringing more amazing HiFi gear with high value for the price, innovative design, cutting-edge technology, and premium quality, all backed by a 24-month warranty, to audiophiles worldwide. Fosi Audio has won sincere recognition from a wide range of audiophiles and well-known media such as WirecutterHowToGeek, TNT-Audio, and Headphonesty, authoritative forums like AudioScienceReview, and well-known HiFi enthusiasts such as Cheapaudioman, Z Reviews, and A British Audiophile, etc.

For more information, please visit:

Official Website: https://www.fosiaudio.com/Official Forum: https://community.fosiaudio.com/Official Facebook Community: https://www.facebook.com/fosiaudioglobalOfficial YouTube Channel: https://www.youtube.com/@fosiaudio

PR Contact:
Email: marketing@fosiaudio.com

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SOURCE FOSI INTERNATIONAL CO., LIMITED

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The Commerce Casino & Hotel Partners with ESPN LA 710AM for Exclusive Monday Night Football Pregame Radio Show

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The Commerce Casino & Hotel continues to expand its entertainment offerings through a collaboration with ESPN LA 710AM, enhancing the experience for guests and fans alike.

LOS ANGELES, Sept. 20, 2024 /PRNewswire/ — The Commerce Casino & Hotel is excited to announce an exciting new partnership with ESPN LA 710AM, bringing an exclusive pre-game Monday Night Football Radio Show with Sedano & Kap to listeners throughout the 2024-2025 football season. Filmed on-site at the Commerce Casino and Hotel, sports fans can tune in live to the ESPN LA 710AM pregame show every Monday night starting September 2nd, from 3:00 PM to 6:00 PM

Live on YouTube: In addition to airing live on the radio, the pre-game show will be live-streamed on ESPN LA 710AM Radio’s YouTube, offering fans an immersive experience as they watch the excitement unfold from The Commerce Casino and Hotel. 

Exclusive Watch Party: Following the pre-game show, fans are invited to continue the fun at The Commerce Casino & Hotel’s Event Center for an exclusive Monday Night Football Watch Party. The event is free to attend, with a variety of food and drink specials available. 

“We’re thrilled to bring this exclusive pre-game experience to our fans in partnership with ESPN LA 710AM,” said [ESPN LA 710AM Spokesperson]. “Filming live from The Commerce Casino and Hotel adds a unique energy to the show, and we’re excited to share it with our audience both on the radio and online.”

Spencer Villaseñor, Director of Guest Experience at The Commerce Casino & Hotel added, “This partnership with ESPN LA 710AM allows us to offer our guests a unique Monday night experience. We’re excited to continue expanding Commerce’s offerings, making it the ultimate entertainment destination. Whether you’re tuning in on the radio, watching the live stream, or joining us in person, it’s going to be an unforgettable season.”

Don’t miss out on the action! Tune in every Monday night for the live pre-game show and join us at the Commerce Casino and Hotel’s Events Center for the ultimate Monday Night Football experience.

Event Details:

Pre-Game Radio Show: Live every Monday night from 3:00 PM to 6:00 PM through the NFL season. Location: The Commerce Hotel and Casino, 6131 Telegraph Rd, Commerce, CA, 90040Live Stream: Available on @ESPN LA 710AM Radio’s Youtube ChannelWatch Party: Following the pre-game show at the events centerAdmission: Free (Food and drinks available for purchase)

For more information, visit www.commercehotella.com or follow us on Instagram or Twitter for updates.

About The Commerce Casino & Hotel
Located just a few miles from Downtown Los Angeles, The Commerce Casino & Hotel, commonly known as “The Commerce,” stands as a world-renowned cardroom with an impressive array of over 320 tables, making it the largest cardroom globally. Established in 1983, The Commerce offers an extensive range of amenities, including a newly-renovated 200-room hotel, multiple dining venues and bars, the luxurious Meridian Spa, a pool and sundeck, banquet facilities, and more. Additionally, the casino hosts a wide variety of events, including concerts, poker and baccarat tournaments, live boxing, MMA, and wrestling matches, and other special events throughout the year. For further information, please visit: www.commercecasino.com

ABOUT GOOD KARMA BRANDS  
In 1997, Good Karma Brands started as a broadcasting company, utilizing the power of local marketing to build brands, connect with fans and serve the local communities in which we operate.  As GKB grew and transitioned into a media and marketing company, its partnership with ESPN expanded to represent the ESPN Radio Network and Podcasts, the full portfolio of ESPN Digital Products, ESPN Events and eight local ESPN affiliated radio stations. Today, with over 550 teammates across the country and a Home Office based in Milwaukee, Wisconsin, GKB has been consistently recognized as a “Best Place to Work” by multiple organizations, including Front Office Sports and Sports Business Journal. 

Good Karma is fueled by the desire to do things differently, align with premium brands and offer customized solutions for their advertising partners and fans. 

Media contact:
Abegail Cal
abegail@ajc-pr.com 

 

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SOURCE The Commerce Casino & Hotel

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EU Olive Oil: Promoting European Extra Virgin Olive Oil at the Plant Based Expo in New York

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NEW YORK, Sept. 20, 2024 /PRNewswire/ — Following the success of the June event dedicated to journalists, opinion leaders and food professionals, the EU Olive Oil project returned to New York to participate in the Plant Based Expo (Sept. 11-12), the benchmark event in the United States for 100% plant-based products.

The three-year EU Olive Oil program, promoted by the O.P. Associazione Olivicola Cosentina and co-financed by the European Union, was conceived with the aim of promoting the consumption of extra virgin olive oil produced in Europe. During the New York trade show, visitors had a unique opportunity to explore the distinctive characteristics of extra virgin olive oil, appreciating its organoleptic qualities and discovering its many health-promoting properties.

To better engage the audience, daily cooking demos were held, during which the oil could be tasted in various culinary preparations. These demonstrations were not only able to enhance the unique flavor of the oil, but also demonstrated its extraordinary versatility in cooking.

During the event, restaurant professionals, retailers, distributors and buyers had the opportunity to receive valuable advice on how to select a high-quality, safe and obtained through a sustainable agribusiness production system. This system respects ecological and economic principles, minimizing the use of synthetic chemicals and optimizing fertilization, in line with toxicological best practices.

“Our presence at the Plant Based Expo in New York,” says Pierpaola Occhiuto, president of the O.P. Associazione Olivicola Cosentina, “offered us the opportunity to educate American consumers about the importance of the quality of raw materials and to promote a healthy and balanced diet, in which extra virgin olive oil occupies a central role. In addition, it was an opportunity to tell the indissoluble link between olive growing and the land, a cultural and human heritage that for many European countries represents a value to be handed down from generation to generation.”

With a consumption of 365.9 thousand tons and a total value of $1,494.3 million (UN Comtrade data), the United States is confirmed as the main non-EU market for olive oil. In recent years, this product has become increasingly important on American tables, reflecting a growing trend toward a quest for high-quality foods.

www.euoliveoil.eu

The O.P. Associazione Olivicola Cosentina Soc.Coop.a.r.l. is an organization of Olive Producers in the Province of Cosenza that has been playing an active role in the Cosenza area since 1982, the date of its establishment, through a dense network of actions in support of its members.

Gathering within itself the presence of about 7100 member producers, one can easily infer the deep rootedness of the Association with the territory: all this makes it one of the most representative associations in the sector, taking care with scrupulous attention every aspect of the olive-growing activity both from the technical-productive point of view and from the economic-commercial one. The Association, in this sense, acts as an efficient intermediary and bridge between its members and the distribution channels.

Its work, in fact, moves in the light of the pursuit of a single relevant macro-objective: to enhance olive production and the careful and conscious consumption of the product, through its protection and promotion.

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SOURCE EU OLIVE OIL – O.P. Associazione Olivicola Cosentina

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