Tag Archives: Automotive Sensors Market overview and demands

Automotive Sensors Market [USD 32.47 Billion, CAGR 6.69%]: Size, Trends, and Market Forecast

The global automotive sensors market has demonstrated substantial growth, reaching USD 32.47 billion in 2023 and is projected to grow at a CAGR of 6.69% through 2029. This growth is fueled by advancements in sensor technologies, the proliferation of electric and hybrid vehicles, and stringent government regulations promoting safety and efficiency. Despite challenges, including cost constraints and cybersecurity… Read More »