Automobile oxygen sensors, commonly known as O2 sensors, are electronic devices that measure the level of oxygen in the exhaust gases of internal combustion engines. They are used primarily in the automotive industry to optimize engine performance and reduce emissions by adjusting the air-to-fuel ratio for better catalytic converter efficiency and ensuring its proper function.
The main types of automobile oxygen sensors include zirconia sensors, wideband zirconia sensors, and titania sensors. A zirconia sensor is an electrochemical device that measures oxygen concentration in gases. It uses zirconium dioxide to produce a voltage output based on the difference in oxygen levels between the exhaust gas and the surrounding air. These sensors are typically located in the catalytic converter and exhaust manifold, and are used in both gasoline-fueled and diesel-fueled vehicles. They are distributed through various sales channels such as original equipment manufacturers, original equipment suppliers, and independent automotive suppliers. The end users include passenger vehicles, light commercial vehicles, and heavy commercial vehicles.
The automobile oxygen sensor market research report is one of a series of new reports from The Business Research Company that provides automobile oxygen sensor market statistics, including automobile oxygen sensor industry global market size, regional shares, competitors with an automobile oxygen sensor market share, detailed automobile oxygen sensor market segments, market trends and opportunities, and any further data you may need to thrive in the automobile oxygen sensor industry. This automobile oxygen sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automobile oxygen sensor market size has grown strongly in recent years. It will grow from $6.59 billion in 2024 to $7.01 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to increasing awareness of environmental issues, increasing automotive production, growth in the number of vehicle models, rise in fuel prices, and growth in electric vehicle production.
The automobile oxygen sensor market size is expected to see strong growth in the next few years. It will grow to $8.9 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growing demand for advanced emission control systems, rising demand for performance optimization in luxury vehicles, growing investment in research and development, rising prevalence of fuel-efficient and hybrid technologies, and growing global automotive sales. Major trends in the forecast period include technological advancements, integration of advanced diagnostic systems, adoption of lightweight materials, long-lasting sensors, and adoption of multi-sensor systems.
The anticipated increase in vehicle production is projected to drive growth in the automobile oxygen sensor market. Vehicle production involves the manufacturing of vehicles from initial design through to final assembly and delivery. This rise in vehicle production is attributed to growing consumer demand, economic expansion, supportive government policies, and expanding global markets. Automobile oxygen sensors are crucial in vehicle production, as they ensure optimal engine performance, fuel efficiency, and emissions control by monitoring oxygen levels in the exhaust gases. This monitoring helps in calibrating the air-fuel mixture and meeting regulatory standards. For example, in May 2023, the European Automobile Manufacturers Association, a Belgium-based trade association, reported that approximately 85.4 million motor vehicles were produced globally in 2022, reflecting a 5.7% increase from 2021. Thus, the increase in vehicle production is expected to drive the growth of the automobile oxygen sensor market.
Leading companies in the automobile oxygen sensor market are focusing on developing innovative products, such as OBD2 code readers, to enhance their offerings and maintain competitiveness. An OBD2 code reader is a diagnostic tool that connects to a vehicle's On-Board Diagnostics (OBD) system, which monitors and manages various vehicle performance, emissions, and other critical functions. For instance, in January 2024, Diabit, a China-based automotive diagnostic tool manufacturer, launched the B25 on-board diagnostics OBD2 code reader. This advanced device features wireless connectivity via Bluetooth 4.0, enabling users to easily access diagnostic data and trouble codes from the vehicle's OBD2 port. Notable features include I/M readiness status for emissions testing and live sensor data monitoring, covering oxygen sensors, coolant temperature, and fuel system performance. The B25 enhances vehicle diagnostics with its seamless wireless functionality and comprehensive data access.
In September 2023, Process Sensing Technologies, a UK-based producer of monitoring instruments and systems, acquired Sensore Electronic GmbH for an undisclosed amount. This acquisition aims to expand Process Sensing Technologies' portfolio of advanced sensing and monitoring solutions, enhance its technological capabilities, and strengthen its market position by integrating Sensore Electronic GmbH's expertise in high-precision sensors and instrumentation. Sensore Electronic, based in Austria, specializes in the manufacturing of zirconia oxygen sensors.
Major companies operating in the automobile oxygen sensor market are Bosch Automotive Parts Inc., Hitachi Automotive Systems Ltd., Denso Corporation, Continental AG, Francisco Albero SAU, Mitsubishi Electric Corporation, Honeywell International Inc., Valeo, Kyocera Corporation, TE Connectivity Ltd., BorgWarner Inc., Analog Devices Inc., Fujikura Ltd., NGK Spark Plug Co. Ltd., Delphi Technologies, Yokogawa Electric Corporation, Standard Motor Products Inc., KEMET Corporation, CTS Corporation, Pricol Limited, Federal-Mogul Corporation, Honeywell International Inc., Walker Products Inc., SJ Automotive Co. Ltd., Ceradex Corporation
North America was the largest region in the automobile oxygen sensor market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automobile oxygen sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automobile oxygen sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automobile oxygen sensor market consists of sales of heated oxygen sensors, lambda sensors, digital oxygen sensors and dual-function sensors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automobile Oxygen Sensor Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on automobile oxygen sensor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for automobile oxygen sensor ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automobile oxygen sensor market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
2) By Location: Catalytic Converter; Exhaust Manifold
3) By Application: Gasoline Fueled Vehicle; Diesel-Fueled Vehicle
4) By Sales Channel: Original Equipment Manufacturers; Original Equipment Suppliers; Independent Automotive Suppliers
5) By End Use: Passenger Vehicle; Light Commercial Vehicle; Heavy Commercial Vehicle
Subsegments:
1) By Zirconia Sensor: Narrowband Zirconia Sensor; Zirconia Sensor With Heater; Zirconia Oxygen Sensor For Exhaust Gas
2) By Wideband Zirconia Sensor: Wideband Zirconia Lambda Sensor; Wideband Oxygen Sensor With Integrated Heater; Wideband O2 Sensor For Air-Fuel Ratio Control
3) By Titania Sensor: Titania-Based Air-Fuel Ratio Sensor; Titania Oxygen Sensor For Engine Control; Titania Sensor With Built-In Heater
Companies Mentioned: Bosch Automotive Parts Inc.; Hitachi Automotive Systems Ltd.; Denso Corporation; Continental AG; Francisco Albero SAU
3. Automobile Oxygen Sensor Market Trends And Strategies
4. Automobile Oxygen Sensor Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Automobile Oxygen Sensor Growth Analysis And Strategic Analysis Framework
5.1. Global Automobile Oxygen Sensor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Automobile Oxygen Sensor Market Growth Rate Analysis
5.4. Global Automobile Oxygen Sensor Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Automobile Oxygen Sensor Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Automobile Oxygen Sensor Total Addressable Market (TAM)
6. Automobile Oxygen Sensor Market Segmentation
6.1. Global Automobile Oxygen Sensor Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Zirconia Sensor
Wideband Zirconia Sensor
Titania Sensor
6.2. Global Automobile Oxygen Sensor Market, Segmentation By Location, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Catalytic Converter
Exhaust Manifold
6.3. Global Automobile Oxygen Sensor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Gasoline Fueled Vehicle
Diesel-Fueled Vehicle
6.4. Global Automobile Oxygen Sensor Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Original Equipment Manufacturers
Original Equipment Suppliers
Independent Automotive Suppliers
6.5. Global Automobile Oxygen Sensor Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
6.6. Global Automobile Oxygen Sensor Market, Sub-Segmentation Of Zirconia Sensor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Narrowband Zirconia Sensor
Zirconia Sensor With Heater
Zirconia Oxygen Sensor For Exhaust Gas
6.7. Global Automobile Oxygen Sensor Market, Sub-Segmentation Of Wideband Zirconia Sensor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Wideband Zirconia Lambda Sensor
Wideband Oxygen Sensor With Integrated Heater
Wideband O2 Sensor For Air-Fuel Ratio Control
6.8. Global Automobile Oxygen Sensor Market, Sub-Segmentation Of Titania Sensor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Titania-Based Air-Fuel Ratio Sensor
Titania Oxygen Sensor For Engine Control
Titania Sensor With Built-In Heater
7. Automobile Oxygen Sensor Market Regional And Country Analysis
7.1. Global Automobile Oxygen Sensor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Automobile Oxygen Sensor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion