Global Automotive Fuel Level Sensor Market To Reach 1.66 Billion USD By 2022

Date: 2018-03-07

An Automotive Fuel Level Sensor usually uses a float connected to a potentiometer, typically printed ink design in a modern automobile. As the tank empties, the float drops and slides a moving contact along the resistor, increasing its resistance. In addition, when the resistance is at a certain point, it will also turn on a “low fuel” light on some vehicles.

The production of Automotive Fuel Level Sensors are highly effected by the production of Automotive, according to research, the global Automotive Fuel Level Sensor market is projected to reach 1.66 billion USD by 2022, with a CAGR of 1.9% between 2018 and 2022.

The key driver contributes to this market growth is the increasing global demand for automotive, which result in rising demand for the Automotive Fuel Level Sensor, worldwide automobile production exceed 94 million in 2017.

Geographically, the Asia Pacific is expecting to grow at highest CAGR over the forecast period as they are the largest vehicle production region and largest vehicle demand region in terms of volume by 2017. Region followed by Europe and North America, which is projected to register CAGR of 8.6% over 2018-2022. Base on country, China is projected to remain the fastest growing market for Automotive Fuel Level Sensor in Asia Pacific and across the world during the forecast period.

Global top manufacturers operating in Automotive Fuel Level Sensor Market are Bosch, Delphi, Continental, Omnicomm, MSIL, ensata Technologies, elobau, OMEGA, FPI Sensors, Gill Sensors & Engine Controls, Pricol among others.

Global Automotive Fuel Level Sensor market share by geography as following:

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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