European Category Management Report—Automotive Sensors Aftermarket, Forecast to 2023

European Category Management Report—Automotive Sensors Aftermarket, Forecast to 2023

Oxygen Sensor is the Biggest Market and MAP Sensors Offer the Highest Growth Potential

RELEASE DATE
16-Nov-2017
REGION
Europe
Research Code: MD3E-01-00-00-00
SKU: AU01586-EU-MR_21121
AvailableYesPDF Download
$4,950.00
In stock
SKU
AU01586-EU-MR_21121
$4,950.00
DownloadLink
ENQUIRE NOW

Description

The overall aftermarket replacement demand for the six automotive sensors (covered in this study) in Europe was estimated at €836 million in 2016; it is expected to grow at a compound annual growth rate (CAGR) of 3.5% between 2016 and 2023 reaching €1.06 billion by 2023. Oxygen sensors is the biggest market in terms of revenues (€321 million in 2016), while temperature sensors (oil, air, and coolant) is the biggest market in terms of unit shipments (9.4 million units sold in 2016). Increased OE installation of sensors, or multiple sensors per vehicle, to adhere to stricter emissions and safety standards and increasing vehicle age are the primary growth drivers for sensors replacement in the aftermarket.
Oxygen sensors will continue to generate the highest demand, largely due to their higher installed base. Most vehicles manufactured after the 2004 model year have two oxygen sensors installed. Increased OE installation of MAP sensors that can measure both pressure and temperature (TMAP) is the primary reason for growth in this market. Bosch, Hella, Delphi, Facet, and SMPE are the top suppliers in the overall sensors aftermarket comprising 6 sensor types.

Opportunities for Suppliers

•     Suppliers should widen their sensor product range and prepare to target 4- to 10-year-old vehicles to avoid competition from low-cost products that are typically favored over >10-year-old vehicles
•     Most sensors are mature products with limited technical training offered. Suppliers should invest in training and education at workshops to educate end customers on sensor brand recognition and maintenance patterns. Suppliers should also invest in strengthening OE partnerships to gain maximum penetration in the OES channel that accounts for 40-45% of the sensors aftermarket in Western Europe.
•     This study of the European Passenger Car (PC) and Light Commercial Vehicle (LCV) aftermarket covers the independent aftermarket and original equipment service (OES) or the dealer service channel in 28 European Union (EU) countries. It does not cover Russia and Turkey.

Key questions this study will answer include:

•     What is the current status of the sensors aftermarket in Europe? What the future holds for this market in the short, medium, and long terms?
•     What is the size of sensors aftermarket in Europe in 2016? Where are the key growth opportunities?
•     Who are the major sensor suppliers in the IAM and OES channels and what are the key opportunities of growth for sensor suppliers?
•     How is the distribution landscape changing in the sensors aftermarket in Europe?
•     Which are the sensor types that hold significant aftermarket potential?

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Key Takeaways

Executive Summary—Market Engineering Measurements

Total Automotive Sensors—Unit Shipment and Revenue Forecast

Automotive Sensors—Unit Shipment and Revenue Forecast by Sensor Type

Research Scope

Product Segmentation

Product Definitions

Market Definitions

Vehicle Segmentation

Europe Country Coverage

Aftermarket Distribution Channel Structure

Automotive Aftermarket—European Buying Groups

Vehicle Sales Forecast

Vehicles in Operation Forecast

Average Vehicle Age by Country

Market Drivers

Market Restraints

Unit Shipments and Revenue Forecast

Unit Shipment Forecast by Sensor Type

Revenue Forecast by Sensor Type

Unit Shipment and Revenue Forecast Discussion

Average Manufacturer Level Pricing by Sensor Type

Competitive Analysis

Top Suppliers’ USP

Growth Opportunities

Strategic Imperatives for Success & Growth

Product Replacement Overview

Unit Shipment and Revenue Forecast

Manufacturer Level Pricing Analysis

Percent Revenue Forecast Split by IAM and OES

Product Replacement Overview

Unit Shipment and Revenue Forecast

Manufacturer Level Pricing Analysis

Percent Revenue Forecast Split by IAM and OES

Product Replacement Overview

Unit Shipment and Revenue Forecast

Manufacturer Level Pricing Analysis

Percent Revenue Forecast Split by IAM and OES

Product Replacement Overview

Unit Shipment and Revenue Forecast

Manufacturer Level Pricing Analysis

Percent Revenue Forecast Split by IAM and OES

Product Replacement Overview

Unit Shipment and Revenue Forecast

Manufacturer Level Pricing Analysis

Percent Revenue Forecast Split by IAM and OES

Product Replacement Overview

Unit Shipment and Revenue Forecast

Manufacturer Level Pricing Analysis

Percent Revenue Forecast Split by IAM and OES

The Last Word—3 Big Predictions

Table of Acronyms Used

Planned 2017 Research

List of Figures
  • 1. Automotive Sensors Aftermarket: Product Definitions, Europe, 2013–2023
  • 2. Automotive Sensors Aftermarket: Market Definitions, Europe, 2013–2023
  • 3. Automotive Sensors Aftermarket: Vehicle Segmentation, Europe, 2013–2023
  • 4. Automotive Sensors Aftermarket: Country Coverage, Europe, 2016
  • 5. Automotive Sensors Aftermarket: Distribution Channels, Europe, 2016
  • 6. Automotive Sensors Aftermarket: Buying Groups, Europe, 2016
  • 7. Automotive Sensors Aftermarket: Key Market Drivers, Europe, 2017–2023
  • 8. Automotive Sensors Aftermarket: Key Market Restraints, Europe, 2017–2023
  • 9. Automotive Sensors Aftermarket: Competitive Analysis, Europe, 2016
  • 10. Crankshaft & Camshaft Sensors Aftermarket: Product Replacement Overview, Europe, 2016
  • 11. Temperature Sensors Aftermarket: Product Replacement Overview, Europe, 2016
  • 12. Oxygen (Lambda) Sensors Aftermarket: Product Replacement Overview, Europe, 2016
  • 13. MAF Sensors Aftermarket: Product Replacement Overview, Europe, 2016
  • 14. MAP Sensors Aftermarket: Product Replacement Overview, Europe, 2016
List of Charts
  • 1. Automotive Sensors Aftermarket: Market Engineering Measurements, Europe, 2016
  • 2. Total Automotive Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023
  • 3. Automotive Sensors Aftermarket: Unit Shipment and Revenue Forecast by Sensor Type, Europe, 2013–2023
  • 4. Automotive Sensors Aftermarket: Sales Forecast by Country, Europe, 2013–2023
  • 5. Automotive Sensors Aftermarket: VIO Forecast by Country, Europe, 2013–2023
  • 6. Automotive Sensors Aftermarket: Average Vehicle Age by Country, Europe, 2013–2023
  • 7. Total Automotive Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023
  • 8. Automotive Sensors Aftermarket: Unit Shipment Forecast by Sensor Type, Europe, 2013–2023
  • 9. Automotive Sensors Aftermarket: Manufacturer Level Price Forecast, Europe, 2013–2023
  • 10. Crankshaft & Camshaft Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023
  • 11. Crankshaft & Camshaft Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023
  • 12. Temperature Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023
  • 13. Temperature Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023
  • 14. Temperature Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe,
  • 15. 2016 and 2023
  • 16. ABS Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023
  • 17. ABS Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023
  • 18. ABS Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe, 2016 and 2023
  • 19. Oxygen (Lambda) Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023
  • 20. Oxygen (Lambda) Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023
  • 21. Oxygen (Lambda) Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe, 2016 and 2023
  • 22. MAF Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023
  • 23. MAF Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023
  • 24. MAF Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe, 2016 and 2023
  • 25. MAP Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023
  • 26. MAP Sensors Aftermarket: Manufacturer Level Price Forecast, Europe, 2013–2023
  • 27. MAP Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe, 2016 and 2023
Related Research
The overall aftermarket replacement demand for the six automotive sensors (covered in this study) in Europe was estimated at €836 million in 2016; it is expected to grow at a compound annual growth rate (CAGR) of 3.5% between 2016 and 2023 reaching €1.06 billion by 2023. Oxygen sensors is the biggest market in terms of revenues (€321 million in 2016), while temperature sensors (oil, air, and coolant) is the biggest market in terms of unit shipments (9.4 million units sold in 2016). Increased OE installation of sensors, or multiple sensors per vehicle, to adhere to stricter emissions and safety standards and increasing vehicle age are the primary growth drivers for sensors replacement in the aftermarket. Oxygen sensors will continue to generate the highest demand, largely due to their higher installed base. Most vehicles manufactured after the 2004 model year have two oxygen sensors installed. Increased OE installation of MAP sensors that can measure both pressure and temperature (TMAP) is the primary reason for growth in this market. Bosch, Hella, Delphi, Facet, and SMPE are the top suppliers in the overall sensors aftermarket comprising 6 sensor types. Opportunities for Suppliers • Suppliers should widen their sensor product range and prepare to target 4- to 10-year-old vehicles to avoid competition from low-cost products that are typically favored over >10-year-old vehicles • Most sensors are mature products with limited technical training offered. Suppliers should invest in training and education at workshops to educate end customers on sensor brand recognition and maintenance patterns. Suppliers should also invest in strengthening OE partnerships to gain maximum penetration in the OES channel that accounts for 40-45% of the sensors aftermarket in Western Europe. • This study of the European Passenger Car (PC) and Light Commercial Vehicle (LCV) aftermarket covers the independent aftermarket and original equipment service (OES) or the dealer service channel in
More Information
No Index No
Podcast No
Table of Contents | Executive Summary~ || Key Takeaways~ || Executive Summary—Market Engineering Measurements~ || Total Automotive Sensors—Unit Shipment and Revenue Forecast~ || Automotive Sensors—Unit Shipment and Revenue Forecast by Sensor Type~ | Research Scope~ || Research Scope~ | Definitions and Segmentation~ || Product Segmentation~ || Product Definitions~ || Market Definitions~ || Vehicle Segmentation ~ | Europe Overview~ || Europe Country Coverage~ || Aftermarket Distribution Channel Structure~ || Automotive Aftermarket—European Buying Groups~ | Demand Analysis and Influencers~ || Vehicle Sales Forecast~ || Vehicles in Operation Forecast~ || Average Vehicle Age by Country~ | Market Drivers and Restraints~ || Market Drivers~ || Market Restraints~ | Total Automotive Sensors Aftermarket~ || Unit Shipments and Revenue Forecast~ || Unit Shipment Forecast by Sensor Type~ || Revenue Forecast by Sensor Type~ || Unit Shipment and Revenue Forecast Discussion~ || Average Manufacturer Level Pricing by Sensor Type~ || Competitive Analysis~ || Top Suppliers’ USP~ | Growth Opportunities and Companies to Action~ || Growth Opportunities~ || Strategic Imperatives for Success & Growth~ | Crankshaft and Camshaft Sensors Aftermarket~ || Product Replacement Overview~ || Unit Shipment and Revenue Forecast~ || Manufacturer Level Pricing Analysis~ || Percent Revenue Forecast Split by IAM and OES~ | Temperature Sensors Aftermarket~ || Product Replacement Overview~ || Unit Shipment and Revenue Forecast~ || Manufacturer Level Pricing Analysis~ || Percent Revenue Forecast Split by IAM and OES~ | ABS Sensors Aftermarket~ || Product Replacement Overview~ || Unit Shipment and Revenue Forecast~ || Manufacturer Level Pricing Analysis~ || Percent Revenue Forecast Split by IAM and OES~ | Oxygen (Lambda) Sensors Aftermarket~ || Product Replacement Overview~ || Unit Shipment and Revenue Forecast~ || Manufacturer Level Pricing Analysis~ || Percent Revenue Forecast Split by IAM and OES~ | Mass Air Flow (MAF) Sensors Aftermarket~ || Product Replacement Overview~ || Unit Shipment and Revenue Forecast~ || Manufacturer Level Pricing Analysis~ || Percent Revenue Forecast Split by IAM and OES~ | Manifold Absolute Pressure (MAP) Sensors Aftermarket~ || Product Replacement Overview~ || Unit Shipment and Revenue Forecast~ || Manufacturer Level Pricing Analysis~ || Percent Revenue Forecast Split by IAM and OES~ | The Last Word~ || The Last Word—3 Big Predictions~ | Appendix~ || Table of Acronyms Used~ || Planned 2017 Research~ | The Frost & Sullivan Story~
List of Charts and Figures 1. Automotive Sensors Aftermarket: Product Definitions, Europe, 2013–2023~ 2. Automotive Sensors Aftermarket: Market Definitions, Europe, 2013–2023~ 3. Automotive Sensors Aftermarket: Vehicle Segmentation, Europe, 2013–2023~ 4. Automotive Sensors Aftermarket: Country Coverage, Europe, 2016~ 5. Automotive Sensors Aftermarket: Distribution Channels, Europe, 2016~ 6. Automotive Sensors Aftermarket: Buying Groups, Europe, 2016~ 7. Automotive Sensors Aftermarket: Key Market Drivers, Europe, 2017–2023~ 8. Automotive Sensors Aftermarket: Key Market Restraints, Europe, 2017–2023~ 9. Automotive Sensors Aftermarket: Competitive Analysis, Europe, 2016~ 10. Crankshaft & Camshaft Sensors Aftermarket: Product Replacement Overview, Europe, 2016~ 11. Temperature Sensors Aftermarket: Product Replacement Overview, Europe, 2016~ 12. Oxygen (Lambda) Sensors Aftermarket: Product Replacement Overview, Europe, 2016~ 13. MAF Sensors Aftermarket: Product Replacement Overview, Europe, 2016~ 14. MAP Sensors Aftermarket: Product Replacement Overview, Europe, 2016~| 1. Automotive Sensors Aftermarket: Market Engineering Measurements, Europe, 2016~ 2. Total Automotive Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023~ 3. Automotive Sensors Aftermarket: Unit Shipment and Revenue Forecast by Sensor Type, Europe, 2013–2023~ 4. Automotive Sensors Aftermarket: Sales Forecast by Country, Europe, 2013–2023~ 5. Automotive Sensors Aftermarket: VIO Forecast by Country, Europe, 2013–2023 ~ 6. Automotive Sensors Aftermarket: Average Vehicle Age by Country, Europe, 2013–2023~ 7. Total Automotive Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023~ 8. Automotive Sensors Aftermarket: Unit Shipment Forecast by Sensor Type, Europe, 2013–2023~ 9. Automotive Sensors Aftermarket: Manufacturer Level Price Forecast, Europe, 2013–2023~ 10. Crankshaft & Camshaft Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023~ 11. Crankshaft & Camshaft Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023~ 12. Temperature Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023~ 13. Temperature Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023~ 14. Temperature Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe, ~ 15. 2016 and 2023~ 16. ABS Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023~ 17. ABS Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023~ 18. ABS Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe, 2016 and 2023~ 19. Oxygen (Lambda) Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023~ 20. Oxygen (Lambda) Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023~ 21. Oxygen (Lambda) Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe, 2016 and 2023~ 22. MAF Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023~ 23. MAF Sensors Aftermarket: Manufacturer-level Price Forecast, Europe, 2013–2023~ 24. MAF Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe, 2016 and 2023~ 25. MAP Sensors Aftermarket: Unit Shipment and Revenue Forecast, Europe, 2013–2023~ 26. MAP Sensors Aftermarket: Manufacturer Level Price Forecast, Europe, 2013–2023~ 27. MAP Sensors Aftermarket: Percent Revenue Forecast Split by IAM and OES, Europe, 2016 and 2023~
Author Avijit Ghosh
Industries Automotive
WIP Number MD3E-01-00-00-00
Keyword 1 Automotive Sensors Aftermarket
Keyword 2 automotive aftermarket
Is Prebook No