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...
The Automotive Sensor Market is evolving rapidly, fueled by the rise of electric vehicles (EVs), advanced driver-assistance systems (ADAS), and the growing demand for connected, smart mobility. As vehicles become more intelligent, sensors are becoming the backbone of safety, performance, and efficiency.
Overview
Automotive sensors are critical for monitoring, detecting, and transmitting data...