Automotive Sensor Market Size, Share, Analysis, Forecast 2024-2034
The automotive sensor market is projected to reach 80.8 billion USD by 2034.
Fatpos Global has announced a new research report on the global automotive sensor market. The automotive sensor market is projected to show an average annual growth rate (CAGR) of 11.1% during the forecast period from 2024 to 2034. The market size in 2023 is estimated to be 25.3 billion USD, and it is expected to reach 80.8 billion USD by 2034. Automotive sensors are essential electronic components that monitor various parameters within vehicles and send data to control systems. They play a crucial role in modern vehicles by providing functions such as engine optimization, safety features, and environmental control. These sensors are classified into several types, each with a specific purpose, such as monitoring temperature, pressure, speed, position, and proximity. For example, oxygen sensors adjust the fuel mixture based on the analysis of exhaust gases, while ABS sensors measure wheel speed to avoid skidding during braking.
- Company：データリソース
- Price：500,000 yen-1 million yen
