Indian Crankshaft Position Sensor Market By Type (Linear Position Sensor, Rotary Position Sensor, & Proximity Sensors), By Technology (Hall-Effect Sensor, & Magnetoresistive Sensor), By Contact Type (Contact, & Non-Contact), By Output (Analog, & Digital), By Geography - Global Opportunity Analysis & Industry Forecast, 2022-2027

Report Code: AIR 0193 Report Format: PDF + Excel

Indian Crankshaft Position Sensor Market Overview

The Indian Crankshaft Position Sensor Market size is forecast to reach $628.4 million by 2027, growing at CAGR of 6.28% from 2022 to 2027. Crankshaft Position Sensor is a crucial part of the engine management system that helps the engine in operating more efficiently, by controlling the fuel efficiency and ignition timing. In other words, these sensors monitor the position and the rotational speed of the crankshaft and provide information to the engine management system that ultimately helps in increasing the efficiency level of the fuel injection control system and other engine parameters. Crankshaft and Camshaft position sensors together help the engine management systems task more productively. The growth of the Indian Crankshaft Position Sensor Market is mainly driven by the increasing rise in automotive sales and production rate in India, as this sensor is an important part of the engine and without it, vehicles cannot run. Furthermore, government initiatives in the form of regulations for controlling the emission level of carbon footprint is positively affecting the growth Indian Crankshaft Position Sensor. Hence, the above-mentioned factors are fuelling the growth of Indian Crankshaft Position Sensor industry during the forecast period 2022-2027.

Report Coverage

The report: Indian Crankshaft Position Sensor Market– Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Indian Crankshaft Position Sensor Market.


By Type: Linear Position Sensor, Rotary Position Sensor, and Proximity Sensors
By Technology: Hall-Effect Sensor, and Magnetoresistive Sensor
By Contact Type: Contact, and Non-Contact
By Output: Analog, and Digital
By end-user industry: Automotive, Aerospace & Defence, and Others

Key Takeaways

  • Automotive industry held the major market share in 2021 and is estimated to witness the highest growth during 2022-2027, owning to the increasing purchasing power and growing sales as well as production rate of automotive.
  • The market of Indian Crankshaft Position Sensor is estimated to witness significant upsurge during the forecast period, owing to the growth of Indian automotive industry.
  • This industry is consolidated with top market players including Allegro MicroSystems Inc., Continental AG, Denso Corporation, Infineon Technologies AG, NXP Semiconductors among others. 

Indian Crankshaft Position Sensor Market Value Share, by End-user industry, 2021 (%)

Indian Crankshaft Position Sensor Market

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Indian Crankshaft Position Sensor Market Segment Analysis - By Type

By Type, the Indian Crankshaft Position Sensor Market is segmented into Linear Position Sensor, Rotary Position Sensor, and Proximity Sensors. Proximity sensors segment is analysed to grow at a CAGR of 7.12%, during the forecast period 2022-2027. The growth of this segment is attributed to the rapid industrial growth and high adoption of vehicles in India. Proximity sensors help the drivers in the identification of the position of a nearby object, and alert the driver accordingly. This not just enhances the driving experience but also increases the safety level of the vehicle. Furthermore, the rise in penetration of automation across industries in India, created a huge demand for accurate information regarding the industrial processes which in turn affected the adoption rate of these sensors, as these sensors provides the required information by detecting the presence and position of the objects. Proximity sensors can also help in automating the procedures, resulting in an efficient production process. The above-mentioned benefits create the demand for these sensors in India. To meet such high demand of proximity sensors, market players are launching various advanced products. For instance, in March 2020, Omron Automation introduced its new, highly durable, metal face E2EW Series proximity sensors, with longest object sensing range, to meet the growing demand of the manufacturers of the automotive industry and to reduce the amount of downtime. Such developments will drive the growth of such market during 2022-2027.

Indian Crankshaft Position Sensor Market Segment Analysis - By End-User Industry

Based on End-user industry, Indian Crankshaft Position Sensor Market is segmented into Automotive, Aerospace & Defence, and Others. According to Indian Crankshaft Position Sensor Market report of IndustryARC, Indian Crankshaft Position Sensor Market size for automotive industry is analysed to grow with a CAGR of 7.40% during 2022-2027, owing to increasing purchasing power and rapid growth in the vehicles production as well as sale. According a report of IBE, Two-wheelers and passenger cars represented around 81% and 13% of market share, respectively, for a combined sale of Indian automobiles in FY20. These factors in turn creates demand for Crankshaft Position Sensor in Indian market, to reduce the emission level of the vehicle and to control the consumption of fuel. Apart from that, growing investment towards the growth of Indian automotive industry also plays a major role. According to a report of IBEF, in FY21, passenger vehicles sales reached 27.11 lakhs units in India. Such growth in sales of vehicle helps in driving the demand for crankshaft position sensors in India. Furthermore, this sensor also helps in determining the position and rotational speed (RPM) of the crank and provides information to the Engine Control Units to control parameters such as ignition timing and fuel injection timing. This in turn helps the vehicles to run more efficiently. Hence, the above-mentioned factors drive the growth of this market during 2022-2027.

Indian Crankshaft Position Sensor Market Segment Analysis – Country Analysis

India is one of the emerging economies with massive growth opportunities across industries including automotive, aerospace and defence, general manufacturing, consumer electronics and others, which plays a major role in the growth of this market as this sensor is an essential part of the engine. A report from IBEF states that, FDI inflow of around $463.55 million was registered in the defence and aerospace sector of India as of June 2020 and this estimation was made on the basis of the information provided by 80 companies. Such high investments create high demand for crankshaft position sensors. Furthermore, the economic growth of this country and increase in disposable income are creating more demand for passenger vehicles, which is affecting the demand for crankshaft position sensors, as this sensor is one of the most important of all engine management sensors, and without it the engine cannot run. Such factors create demand for crankshaft position sensors in India.

Indian Crankshaft Position Sensor Market Drivers

Growth of Indian Automotive industry is set to Boost the Growth of this Market:

With the economic development and rise in purchasing power, the demand for automotive vehicles is growing in India, which drives the growth of Indian Crankshaft Position Sensors market. In December 2020, Society of Indian Automobile Manufacturers (SIAM) published a report, according to which, the sales of passenger vehicles increased 4.65% to 264,898 units in November. Similarly, a recent reports of Invest India states that, India is estimated to become world’s third largest manufacturer of passenger vehicles by 2021. Such high demand of vehicles also affects the demand of this sensors, as this sensor is an essential part of the engine, thereby driving the growth of this market. Such a high growth rate of automotive industry will create growth opportunity for the Crankshaft Position Sensor market during the forecast period 2022-2027.

Government’s initiatives to reduce the emission level will fuel the growth:

The government’s initiatives in the form of stringent norms to control the emission level of vehicles is one of the major driving factors contributing towards the market growth, as this product helps in reducing the emission of CO2. Crankshaft position sensors helps the vehicle to run more efficiently by controlling the consumption of fuel, which in turn reduces the emission level of vehicles, and ensures the fulfilment of the norms. Indian Government has imposed tax regulations on emission level, that increases the tax level based on the vehicle emission level. Presence of these types of norms creates appositive impact. Hence, implementation of such norms is analysed to boost the growth rate of Indian Crankshaft Position Sensor Market during the forecast period 2022-2027.

Indian Crankshaft Position Sensor Market Challenges

High R&D cost and lack of Standardisation is harming the growth of this market

All though the Indian Crankshaft Position Sensor Market is growing rapidly, due to high growth in production of vehicles, but the high research and development cost is creating hurdles for the growth of this market. This market requires huge amount of investment for developing more advanced product. Moreover, the lack of standardization for performance measurement is a major drawback for this market, as precision, non-linearity, accuracy, and resolutions do not have a standard definition, and varies across manufacturer and researchers. Hence, the above-mentioned factor will hamper the growth of this market during the forecast period 2022-2027.

Indian Crankshaft Position Sensor Industry Outlook

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Indian Crankshaft Position Sensor Market. As of 2021, the market for Indian Crankshaft Position Sensor industry outlook is consolidated with the top market players. Indian Crankshaft Position Sensor top 10 companies include:

  • Allegro MicroSystems Inc.
  • Continental AG
  • Denso Corporation
  • Infineon Technologies AG
  • NXP Semiconductors
  • Robert Bosch GmbH
  • Takata Corporation
  • MTS Systems Corporation
  • Autoliv, Inc.
  • Valeo S.A.

Acquisitions/Technology Launches/Partnerships

  • In October 2020, Yamaha introduced its new product, the 2021 MT-09, an all-new street naked motorcycle that's lighter, more powerful and packs more tech than its predecessor. Yamaha made major changes to the crossplane inline-triple engine. For instance, the engine got new forged pistons, camshaft fracture-split connecting rods, and crankshaft. These changes made this product more advanced than others.
  • In February 2020, Hero MotoCorp announced the launch of the 2020 Glamour 125 BS6 in India and will be in available in two variants. This product features Hero’s Xsens technology and it is equipped with nine different sensors including Bank Angle Sensor, Oxygen/Crank Position Sensor, Throttle Position Sensors, Engine Oil Temperature Sensors, i3s Sensor, Intake Air Temperature Sensor and Vehicle Speed Sensor.
  • In August 2019, a well-known motorcycle manufacturer, MV Agusta launched its new product, MV Agusta Turismo Veloce 800 in India. This product is powered by is powered by a 798cc. three-cylinder which cranks out 110 HP at 11,500 rpm and 83 Nm at 7,600 rpm and it is equipped with counter-rotating crankshaft.

Relevant Report Titles:

Crankshaft Position Sensor Market – Forecast (2021 - 2026)
Report Code: AIR 0083

Automotive Sensors Market – Forecast (2021 - 2026)
Report Code: ATR 0016

For more Automation and Instrumentation Market reports, please click here

1. Indian Crankshaft Position Sensor Market Overview
    1.1 Definitions and Scope
2. Indian Crankshaft Position Sensor Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Product Type
    2.3 Key trends segmented by Geography
3. Indian Crankshaft Position Sensor Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Indian Crankshaft Position Sensor Market – Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Scenario
5. Indian Crankshaft Position Sensor Market – Startup Company Scenario (Premium)
    5.1 Venture Capital and Funding Scenario
    5.2 Startup Company Analysis
6. Indian Crankshaft Position Sensor Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Indian Crankshaft Position Sensor Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
    7.4 Suppliers and Distributors
8. Indian Crankshaft Position Sensor Market – By Type
    8.1 Linear Position Sensor
    8.2 Rotary Position Sensor
    8.3 Proximity Sensors
9. Indian Crankshaft Position Sensor Market – By Technology
    9.1 Hall-Effect Sensor
    9.2 Magnetoresistive Sensor
10. Indian Crankshaft Position Sensor Market – By Contact Type
    10.1 Contact
    10.2 Non-Contact
11. Indian Crankshaft Position Sensor Market – By Output
    11.1 Analog
    11.2 Digital
12. Indian Crankshaft Position Sensor Market – By End User Industry
    12.1 Automotive
    12.2 Aerospace & Defence
    12.3 Others
13. Indian Crankshaft Position Sensor Market - Market Entropy
    13.1 New product launches
    13.2 M&A's, collaborations, JVs and partnerships
14. Indian Crankshaft Position Sensor Market – Industry Competition Landscape (Premium)
    14.1 Market Share Global
    14.2 Market Share – Top Regions
15. Indian Crankshaft Position Sensor Market – Key Company List by Country Premium (Premium)
16. Indian Crankshaft Position Sensor Market - Company Analysis
    16.1 Allegro MicroSystems Inc.
    16.2 Continental AG
    16.3 Denso Corporation
    16.4 Infineon Technologies AG
    16.5 NXP Semiconductors
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
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