Press release
Automotive Sensors Market Growth, Business Analysis, Scope, Company Analysis 2023-2032
Automotive Sensors Market
As per the automotive sensors market report by The Business Research Company, The rising adoption of autonomous vehicles is expected to propel the growth of the automotive sensors market. Autonomous vehicles are driverless vehicles that operate and perform necessary functions on their own without any human intervention.
The global automotive sensors market size grew from $24.79 billion in 2022 to $28.29 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The automotive sensors market size is expected to grow to $48.05 billion in 2027 at a CAGR of 14.2%.
Read More On The Automotive Sensors Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-sensors-global-market-report
Major competitors in the automotive sensors market include Robert Bosch GmbH, Continental AG, DENSO Corporation, Infineon Technologies AG, Sensata Technologies, Allegro Microsystems Inc., Analog Devices Inc., ELMOS Semiconductor SE, Aptiv plc, NXP Semiconductors N.V., STMicroelectronics N.V., CTS Corporation, Texas Instruments Incorporated, TE Connectivity Ltd., ZF Friedrichshafen, Magna International.
The automotive sensors market is segmented -
• By Type: Temperature Sensors, Pressure Sensors, Speed Sensors, Level/Position Sensors, Magnetic Sensors, Gas Sensors, Inertial Sensors
• By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
• By Technology: Nano-Electro-Mechanical Systems, Micro-Electro-Mechanical Systems
• By Application Type: Powertrain, Chassis, Exhaust, ADAS, Other Applications. Asia-Pacific was the largest region in the automotive sensors market.
Request A Free Sample Of The Automotive Sensors Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5783&type=smp
The automotive sensors are used to detect, transmit, analyse, record, and display information about the vehicle's internal and external surroundings. Automotive sensors are intelligent sensors that monitor the vehicle's condition and either provide information to the user or automatically make the required changes to the vehicle. Automotive sensors check incoming air temperature, fuel-air mixture, manifold pressure, wheel speed, and others.
The Table Of Content For The Automotive sensors Market Include:
1. Executive Summary
2. Automotive Sensors Market Characteristics
3. Automotive Sensors Market Trends And Strategies
4. Automotive Sensors Market - Macro Economic Scenario
5. Automotive Sensors Market Size And Growth
……
27. Automotive Sensors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Sensors Market
29. Automotive Sensors Market Future Outlook and Potential Analysis
30. Appendix
The "Global Automotive Sensors Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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