The report "Remote Automotive Exhaust Sensing Market by Component (Hardware, Software and Service), Fuel Type (Petrol and Diesel), Different Pollutants (Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide) and Geography - Global Forecast to 2027" The global remote automotive exhaust sensing market size is projected to grow from USD 76 Million in 2022 to USD 147 Million by 2027; it is expected to grow at a CAGR of 14.1% from 2022 to 2027.. The rise in awareness among consumers about vehicle pollution is also attributed to the increasing demand for remote automotive exhaust sensing systems to detect the pollutants from vehicle emissions.
By Offering: Services segment to propel market
growth
The services segment is expected to hold the largest
share of the remote automotive exhaust sensing market, and a similar trend is
expected to be observed from 2022 to 2027. Primarily, government organizations
collaborate with remote exhaust sensing system manufacturers to detect
vehicular emissions. The sensing systems are offered by the manufacturers on a
rental basis for a fixed time duration. Moreover, the key applications of these
systems include analyzing the real-driving emissions emitted by the vehicle in
traffic, identifying the highest polluting or manipulated vehicles in their
free circulation, and designing efficient and fair mobility standards. These
factors are expected to drive the market growth for the services segment.
North America likely to emerge as the second largest
remote automotive exhaust sensing market during the forecast period
North America held the second-largest share of ~39%
of the remote automotive exhaust sensing market in 2021. This growth is
attributed to the presence of key market players such as Hager Environmental
& Atmospheric Technologies (HEAT). Moreover, the norms and regulations
formulated by the government of the countries in North America are expected to
reduce the gas pollutants from on-road vehicles. Various government
organizations, namely the International Council on Clean Transportation (ICCT),
US Environmental Protection Agency (EPA), Office of Scientific and Technical
Information (OSTI), and Canada Centre for Remote Sensing (CCRS), have stringent
environmental norms and regulations initiated in accordance with vehicle
emissions.
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Opus Group AB (Sweden), Hager Environmental &
Atmospheric Technologies (US), Doppler Environmental Protection Technology Co.,
Ltd. (China), Anhui Baolong Environmental Protection Technology Co., Ltd.
(China), Korea Environment Corporation (South Korea), and Hangzhou Chunlai
Technology Co., Ltd. (China) are some of the key players in the remote
automotive exhaust sensing market.
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