Global Automotive Throttle Position Sensor (TPS) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

Passenger Cars, and CVs.

By Sensor Type;

Contact TPS, and Non-contact TPS.

By Sales Channel;

OEM, and Aftermarket.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn924747763 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Automotive Throttle Position Sensor (TPS) Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Throttle Position Sensor (TPS) Market was valued at USD 4283.82 million. The size of this market is expected to increase to USD 6027.77 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

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  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Sensor Type
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Global Automotive Throttle Position Sensor (TPS) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing vehicle production rates
        2. Advancements in sensor technology
        3. Growing demand for fuel efficiency
        4. Rising adoption of electric vehicles
        5. Stricter emission regulations
      2. Restraints
        1. High sensor costs
        2. Complexity in integration
        3. Potential reliability issues
        4. Competition from alternative technologies
        5. Limited aftermarket opportunities
      3. Opportunities
        1. Expansion in emerging markets
        2. Technological innovations
        3. Collaboration with OEMs
        4. Development of smart sensors
        5. Growth in autonomous vehicles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Throttle Position Sensor (TPS) Market, By Vehicle Type, 2021- 2031 (USD Million)
      1. Passenger Cars
      2. CVs
    2. Global Automotive Throttle Position Sensor (TPS) Market, By Sensor Type, 2021- 2031 (USD Million)
      1. Contact TPS
      2. Non-contact TPS
    3. Global Automotive Throttle Position Sensor (TPS) Market, By Sales Channel, 2021- 2031 (USD Million)
      1. OEM
      2. Aftermarket
    4. Global Automotive Throttle Position Sensor (TPS) Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bosch
      2. Continental AG
      3. Denso Corporation
      4. Delphi Technologies (now part of BorgWarner)
      5. HELLA GmbH & Co. KGaA
      6. Hitachi Automotive Systems
      7. Infineon Technologies AG
      8. Mitsubishi Electric Corporation
      9. Sensata Technologies
      10. Stoneridge, Inc.
  7. Analyst Views
  8. Future Outlook of the Market