North America Air Flow Sensor Market Forecast to 2030

North America Air Flow Sensor Market Forecast to 2030 – Regional Analysis – by Type (Volume Air Flow Sensors and Mass Air Flow Sensos), Output Signal (Analog and Digital), and Application (Automotive, Aerospace, Manufacturing, Power & Utility, Others)

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Description

The North America air flow sensor market was valued at US$ 509.02 million in 2022 and is expected to reach US$ 690.79 million by 2030; it is estimated to grow at a CAGR of 3.9% from 2022 to 2030.

Increasing Demand for Airflow Sensors in Automotive Industry Drives North America Air Flow Sensor Market

The automotive industry is a major end user of airflow sensors. The increasing demand for automotive vehicles simultaneously drives the need for airflow sensors, as these sensors are used in engines and exhaust systems to monitor and control airflow. The automotive industry is growing rapidly worldwide. Also, the penetration of EVs across the world is increasing significantly. According to the International Council on Clean Transportation Report 2021, the US recorded ~330,000 new sales in 2020, making it the third-largest electric vehicle market. As per the data published by the International Energy Agency (IEA), the demand for battery electric vehicles (BEV) in the US grew from 231 thousand units in 2020 to 466 thousand units in 2021; also, the demand for plug-in hybrid electric vehicles (PHEV) increased from 64 thousand units in 2020 to 165 thousand units in 2021.

Airflow sensors are used widely in the automotive industry, especially in EVs. The airflow sensors are important for maintaining optimal fuel efficiency and emission levels and help the engine control unit adjust fuel injection to ensure efficient combustion. Therefore, with the increasing deployment of airflow sensors in the automotive industry, especially in EVs, the airflow sensors market is growing significantly.

North America Air Flow Sensor Market Overview

The North America airflow sensor market is further segmented into the US, Canada, and Mexico. North American countries have booming automotive, technology, manufacturing, and aerospace industries, among others. The North American manufacturing industries emphasize on modernizing their process with the adoption of high-tech products and solutions. Several automotive manufacturers such as General Motors and Ford have their operating sites in the region. As airflow sensors have huge applications in the automotive sector. Strong and efficient engine operations require precise measurement of the volume and density of the air entering the engine. An airflow (MAF) sensor accurately measures airflow information and communicates it to an engine control unit (ECU).

In Canada, airflow sensors are being used in large volumes in the manufacturing and automotive sectors, among others. The labor cost in Canada is relatively high, making automation an attractive option for businesses looking to reduce costs. According to the Government of Canada, manufacturing is a growing sector and accounts for more than 10% (~ US $ 174 billion) of the total national GDP. Thus, the flourishing manufacturing sector favors the airflow market growth in the country.

North America Air Flow Sensor Market Revenue and Forecast to 2030 (US$ Million)

North America Air Flow Sensor Market Segmentation

The North America air flow sensor market is segmented into type, output signal, application, and country.

Based on type, the North America air flow sensor market is bifurcated into volume air flow sensors and mass air flow sensors. The mass air flow sensors segment held a larger share in 2022.

By output signal, the North America air flow sensor market is bifurcated into analog and digital. The digital segment held a larger share in 2022.

In terms of application, the North America air flow sensor market is categorized into automotive, aerospace, manufacturing, power & utility, others. The automotive segment held the largest share in 2022.

Based on country, the North America air flow sensor market is segmented the US, Canada, and Mexico. The US dominated the North America air flow sensor market in 2022.

Analog Devices Inc, Cardone Industries Inc, Degree Controls Inc, Denso Corp, Honeywell International Inc, Posifa Technologies Inc, Robert Bosch GmbH, Sensirion AG, Siemens AG, and TE Connectivity Ltd are some of the leading companies operating in the North America air flow sensor market.

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At 3.9% CAGR, the North America Air Flow Sensor Market is Speculated to be Worth US$ 690.79 million by 2030, Says the Research Team

According to the Research Team’ research, the North America air flow sensor market was valued at US$ 509.02 million in 2022 and is expected to reach US$ 690.79 million by 2030, registering a CAGR of 3.9% from 2022 to 2030. Increasing initiatives & product development using new technologies and growing popularity of digital airflow sensors are among the critical factors attributed to the North America air flow sensor market expansion.

Airflow sensors have applications in a wide range of systems and industries. In automotive vehicles, they are critical for maintaining optimal fuel efficiency and emission levels and help the engine control unit adjust fuel injection to ensure efficient combustion. These sensors are also used in heating, ventilation, and air conditioning (HVAC) systems to monitor and regulate air intake. Also, these sensors are used in other industries such as food & beverages, oil & gas, electricity production, and power & utility. Several companies are taking various initiatives to expand their product portfolio, such as partnerships, collaborations, and product developments. In February 2022, Degree Controls Inc. introduced the Rooster airflow Sensor200. It represents a new generation of airflow monitoring and alarm for chemical fume hoods, biosafety cabinets, and a wide range of critical containment applications where airflow is monitored, alarmed, and communicated to building management systems (BMS). Similarly, in April 2021, Posifa Technologies unveiled the latest version of its mass air flow sensors used in respiratory care and other healthcare and instrumentation purposes. The PMF83000 and PMF86000 series sensors are intended for use in tough settings with excessive humidity and low levels of corrosive gases. Thus, due to such increasing initiatives and product development using new technologies, the North America airflow sensor market is anticipated to flourish significantly in the upcoming years.

On the contrary, limited availability of raw materials hampers the growth North America air flow sensor market.

Based on type, the North America air flow sensor market is bifurcated into volume air flow sensors and mass air flow sensors. The mass air flow sensors segment held 76.1% share of the North America air flow sensor market in 2022, amassing US$ 387.30 million. It is projected to garner US$ 537.42 million by 2030 to expand at 4.2% CAGR during 2022-2030.

Based output signal, the North America air flow sensor market is bifurcated into analog and digital. The digital segment held 80.9% share of the North America air flow sensor market in 2022, amassing US$ 411.98 million. It is projected to garner US$ 569.54 million by 2030 to expand at 4.1% CAGR during 2022-2030.

Based on application, the North America air flow sensor market is segmented into automotive, aerospace, manufacturing, power & utility, others. The automotive segment held 41.1% share of North America air flow sensor market in 2022, amassing US$ 208.99 million. It is projected to garner US$ 288.74 million by 2030 to expand at 4.1% CAGR during 2022-2030.

Based on country, the North America air flow sensor market is categorized into the US, Canada, and Mexico. The US held 76.7% share of North America air flow sensor market in 2022, amassing US$ 390.53 million. It is projected to garner US$ 538.26 million by 2030 to expand at 4.1% CAGR during 2022-2030.

Key players operating in the North America air flow sensor market are Analog Devices Inc, Cardone Industries Inc, Degree Controls Inc, Denso Corp, Honeywell International Inc, Posifa Technologies Inc, Robert Bosch GmbH, Sensirion AG, Siemens AG, and TE Connectivity Ltd, among others.

In 2022; DENSO Corporation, a leading mobility supplier, and United Semiconductor Japan Co., Ltd. (USJC), a subsidiary of global semiconductor foundry United Microelectronics Corporation, have agreed to collaborate.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America air flow sensor market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America air flow sensor market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Air Flow Sensor Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 Manufacturers:
4.2.3 Distributors or Suppliers:
4.2.4 End-Use Industries:
4.2.5 List of Vendors in Value Chain:
5. North America Air Flow Sensor Market – Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Demand for Airflow Sensors in Automotive Industry
5.1.2 Growing Demand for HVAC Systems:
5.2 Restraints:
5.2.1 Limited Availability of Raw Materials
5.2.2 Reliability and Accuracy Issues of Airflow Sensors
5.3 Opportunity:
5.3.1 Growing Popularity of Digital Airflow Sensors
5.4 Future Trends:
5.4.1 Increasing Initiatives & Product Development Using New Technologies
5.5 Impact of Drivers and Restraints:
6. Air Flow Sensor Market – North America Market Analysis
6.1 Overview
6.2 North America Air Flow Sensor Market Revenue (US$ Million), 2022 – 2030
7. North America Air Flow Sensor Market Analysis – Type
7.1 Volume Air Flow Sensors
7.1.1 Overview
7.1.2 Volume Air Flow Sensors Market Revenue and Forecasts to 2030 (US$ Million)
7.2 Mass Air Flow Sensors
7.2.1 Overview
7.2.2 Mass Air Flow Sensors Market Revenue and Forecasts to 2030 (US$ Million)
8. North America Air Flow Sensor Market Analysis – Output Signal
8.1 Analog
8.1.1 Overview
8.1.2 Analog Market Revenue and Forecasts to 2030 (US$ Million)
8.2 Digital
8.2.1 Overview
8.2.2 Digital Market Revenue and Forecasts to 2030 (US$ Million)
9. North America Air Flow Sensor Market Analysis – End-User
9.1 Automotive
9.1.1 Overview
9.1.2 Automotive Market Revenue and Forecasts to 2030 (US$ Million)
9.2 Aerospace
9.2.1 Overview
9.2.2 Aerospace Market Revenue and Forecasts to 2030 (US$ Million)
9.3 Manufacturing
9.3.1 Overview
9.3.2 Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
9.4 Power & Utility
9.4.1 Overview
9.4.2 Power & Utility Market Revenue and Forecasts to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue and Forecasts to 2030 (US$ Million)
10. North America Air Flow Sensor Market – Country Analysis
10.1 North America Air Flow Sensor Market, by Key Country- Revenue (2022) (US$ Mn)
10.1.1 North America Air Flow Sensor Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 North America Air Flow Sensor Market Revenue and Forecasts and Analysis – By Country
10.1.1.2 US: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 US: North America Air Flow Sensor Market Breakdown by Type
10.1.1.2.2 US: North America Air Flow Sensor Market Breakdown by Output Signal
10.1.1.2.3 US: North America Air Flow Sensor Market Breakdown by End-User
10.1.1.3 Canada: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Canada: North America Air Flow Sensor Market Breakdown by Type
10.1.1.3.2 Canada: North America Air Flow Sensor Market Breakdown by Output Signal
10.1.1.3.3 Canada: North America Air Flow Sensor Market Breakdown by End-User
10.1.1.4 Mexico: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Mexico: North America Air Flow Sensor Market Breakdown by Type
10.1.1.4.2 Mexico: North America Air Flow Sensor Market Breakdown by Output Signal
10.1.1.4.3 Mexico: North America Air Flow Sensor Market Breakdown by End-User
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Honeywell International Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Posifa Technologies Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Siemens AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Denso Corp
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 TE Connectivity Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Sensirion AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Analog Devices Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Degree Controls Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Robert Bosch GmbH
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Cardone Industries Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Research Team
14.2 Word Index

LIST OF TABLES

Table 1. North America Air Flow Sensor Market Segmentation
Table 2. North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 3. North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Million) – Output Signal
Table 4. North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Million) – End-user
Table 5. North America Air Flow Sensor Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 6. US: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 7. US: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn) – By Output Signal
Table 8. US: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn) – By End-User
Table 9. Canada: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 10. Canada: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn) – By Output Signal
Table 11. Canada: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn) – By End-User
Table 12. Mexico: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 13. Mexico: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn) – By Output Signal
Table 14. Mexico: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn) – By End-User
Table 15. Company Positioning & Concentration
Table 16. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Air Flow Sensor Market Segmentation, By Country
Figure 2. Ecosystem: North America Air Flow Sensor Market
Figure 3. North America Air Flow Sensor Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Air Flow Sensor Market Revenue (US$ Million), 2022 – 2030
Figure 6. North America Air Flow Sensor Market Share (%) – Type, 2022 and 2030
Figure 7. North America Air Flow Sensor Market Share (%) – Output Signal, 2022 and 2030
Figure 8. North America Air Flow Sensor Market Share (%) – End-User, 2022 and 2030
Figure 9. North America Air Flow Sensor Market Breakdown by Country, 2022 and 2030 (US$ Mn)
Figure 10. North America Air Flow Sensor Market, by Key Country- Revenue (2022) (US$ Mn)
Figure 11. North America Air Flow Sensor Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 12. US: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 13. Canada: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 14. Mexico: North America Air Flow Sensor Market Revenue and Forecasts to 2030 (US$ Mn)s

The List of Companies – North America Air Flow Sensor Market

1. Analog Devices Inc
2. Cardone Industries Inc
3. Degree Controls Inc
4. Denso Corp
5. Honeywell International Inc
6. Posifa Technologies Inc
7. Robert Bosch GmbH
8. Sensirion AG
9. Siemens AG
10. TE Connectivity Ltd

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