From Safety to Automation: Growth Opportunities in the Automotive Sensor Market
1. Overview
The Automotive Sensor Market is experiencing significant growth, driven by advancements in vehicle automation, electrification, and safety technologies. Valued at USD 19.6 billion in 2021, the market is projected to reach USD 39.6 billion by 2030, exhibiting a CAGR of 9.2% during the forecast period. Key drivers include the electrification of vehicles, adoption of autonomous driving...
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