Lucintel’s latest market report analyzed that fuel cell vehicle sensor provides attractive opportunities in passenger vehicles, commercial vehicles, and other applications. The fuel cell vehicle sensor market is expected to reach $6.58 million by 2027 with a CAGR of 27%. In this market, temperature sensor is the largest segment by sensor type, whereas passenger vehicle is largest by vehicle type. Increase in the use of high-performance sensors for better safety and miniaturization of the sensors for better compact size and less weight provides strategic growth path in this market.
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Based on sensor type, the fuel cell vehicle sensor market is segmented into temperature sensor, air flow sensor, pressure sensor and others. The temperature sensor segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to its excellent features, such as compact size, efficient control, less detection time and reliability.
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The Fuel Cell Vehicle Sensor Market is marked by the presence of several big and small players. Some of the prominent players offering fuel cell vehicle sensor include Nagano Keiki CO., Ltd, Amphenol Corporation, TE Connectivity, Gems Sensor & Controls, Neohysens GmbH, Sensata Technologies, Infineon Technologies, NGK Spark Plug Co., Ltd.
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