By 2040, according to the International Energy Agency report, the total number of vehicles is projected to get double. Thus with respect to the on-road vehicles continues to increase so does the pollution. The difference in the fuel quality plays a vital role in contribution to the greenhouse gas emission. Thus fuel quality sensor is the solution which can be integrated in vehicle to address the key challenge of fuel quality difference and carbon emission.
Government across different countries are is in the process to impose regulations to control greenhouse gas emission. The automotive industry is also actively participating in developing a solution to control the emission from vehicles. This will contribute to the growth of overall fuel quality sensor market. In addition it can be expected that in near future the fuel quality sensor will experience the higher growth.
Diverse technique employed by the refining industry will further lead to the difference in fuel properties across fuel stations and regions. In addition, the engine built by the automakers are attuned to the certain fuel conditions. Thus difference in fuel properties will diminish the engine performance and increase the safety concerns. Furthermore, it reduces the fuel efficiency and increases the pollutant emission. Thus fuel quality sensor will act as the major driver in reducing the emission from vehicles and refineries.
At present, government has not implemented any mandate on integration of fuel quality sensor in vehicles ECU. This further act as the challenge to integrate a fuel quality sensor from third party vendor. In addition, the third party vendor need to collate with the automakers to increase the penetration of their product.
The report comprises of companies operating in the global fuel quality sensor market such as SP3H, SUN-A Corporation, SCI Distribution, IPU Group, 11.5. Hamamatsu Photonics, Bright Sensor SA, Continental AG and others. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
Scope of the Report:
The fuel quality sensor market is mainly divided as per the technology capabilities and is been segmented as follows:
Based on Technology Type:
- Optical Sensor
- Capacitive Sensor
- Density Acoustic Sensor
- Viscosity Sensor
Based on Region:
- Captive fleet
- Gas Station
- Heavy Duty and Buses
- Station Power
- Power Storage
Based on Region:
- Rest of the World
Recent Industry Trends:
Government around the world are expected to implement regulations which will further help to restrict the emissions. Automakers are expected to join hands with the technology makers and customers to lower the carbon emission.
- Insight 1: SP3H has developed a fuel quality inline sensor with the help of infrared spectroscopy. The sensor extracts the DNA of fuel and pass on the information to the ECU. ECU fine tune itself with the current fuel quality to lower the emission.
- Insight 2: Companies are focused on developing a miniaturized custom made solution with respect to the automakers.
- Insight 3: Government mandate will decrease the cost of the fuel quality sensor and will be offered directly from the automakers.
The quantitative and qualitative data collected for the fuel quality sensor report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or mangers in the automakers Industry. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global market was split by product types and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights.
To understand the trend in research and development of fuel quality sensor segments, and their priorities, IndustryARC undertook exploratory patent analysis to lay an initial foundation for future research on development and use of technology. The exploratory analysis focused on identifying development related to technology of ships based systems, with an emphasis on certain technology parameters which intended to understand the roles that various countries sees for naval systems. In addition analyzing trends in development of ships system and exploring how countries could deploy these systems; and identifying areas for further research and potential future developments. IndustryARC has analyzed patents in several different parameters in navy ships segment technologies. The patent analysis have also helped us to deduce and map the futuristic technologies in most efficient way. The technology roadmap is developed using bottom-up approach. The technology roadmap is categorized in three parts i.e. short term (less than 10 years), medium term (from 10 to 20 years) and long term from (more than 20 years).
Key Secondary resources include Government websites from various countries and private companies’ website covered in this report.