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.
Government
initiatives in developing countries for emission reduction are among the
factors driving the growth of the remote automotive exhaust sensing industy.
By offering, software
segment is expected to grow with the highest CAGR during the forecast period
The software segment is
expected to grow at the highest CAGR during the forecast period. The software
segment is integral as it stores the monitored data and converts it into
readable data. Ecosystem players such as Opus Group AB, Hager Environmental &
Atmospheric Technologies (HEAT), and Doppler Environmental Protection
Technology Co., Ltd offer software that stores the monitored data.
They offer customized
software solutions as per the requirement of the client. Doppler Environmental
Protection Technology Co., Ltd has huge software offerings in the ecosystem,
such as motor vehicle exhaust remote sensing monitoring systems, electronic capture
systems for black smoke cars, vehicle exhaust gas analysis systems, and diesel
vehicle OBD remote monitoring terminals.
In 2027, Asia Pacific is
projected to hold the largest share of the overall remote automotive exhaust
sensing market
Asia Pacific accounted
for the largest share of the market in 2027. The adoption of remote exhaust
sensing systems is growing rapidly in China due to climatic conditions
worsening from vehicle emissions.
The large market size
for remote exhaust sensing systems in the region can be attributed to
initiatives taken by the governments of countries such as India and China to
detect emissions from vehicles and regulate them. This region has emerged as a
major market manufacturing hub for automobiles owing to the rise in
manufacturing activities in countries such as China and South Korea, thereby
fueling the demand for remote exhaust sensing systems. This, in turn, is
expected to boost the growth of the remote automotive exhaust sensing market in
Asia Pacific.
Additionally, the
presence of several remote exhaust sensing systems manufacturers and other
remote exhaust system providers, such as Doppler Environmental Protection
Technology Co., Ltd., Anhui Baolong Environmental Protection Technology Co.,
Ltd., Hangzhou Chunlai Technology Co., Ltd., and Korea Environment Corporation
(K-eco) are attributed for the growth in the region.
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Key Market Players in
Remote Automotive Exhaust Sensing Industry
Some of the major remote automotive exhaust sensing companies are 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).
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