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Automotive Sensors Market size worth $ 43.6 Billion, Globally, by 2030 at 7.01% CAGR: Verified Market Research®The increasing adoption of electric vehicles and hybrid cars, increasing consumer awareness about the benefits and comforts affiliated with the use of sensors, and the growing number of vehicles around the world are all expected to propel the growth. JERSEY CITY, N.J., June 16, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Automotive Sensors Market" By Type (Temperature Sensors, Oxygen Sensors), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Application (Powertrain, Chassis), and By Geography. According to Verified Market Research, the Automotive Sensors Market size was valued at USD 26.9 Billion in 2021 and is projected to reach USD 43.6 Billion by 2030, growing at a CAGR of 7.01% from 2022 to 2030.  Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=14837 Browse in-depth TOC on "Automotive Sensors Market" 202 - Pages 126 – Tables 37 – Figures Global Automotive Sensors Market Overview One of the primary factors driving the market for automotive sensors is autonomous driving. Most Automotive Sensors Market are growing in tandem with the overall economic growth of the automotive market. The prevalent use of ADAS and AD systems is the primary driver of growing demands for automotive sensors. Image sensors, speed sensors, temperature sensors, position sensors, and other sensors installed in ADAS/AD systems contribute to the overall development of the Automotive Sensors Market. Moreover, Furthermore, other sensors, including powertrain sensors, chassis sensors, and body sensors, play a significant role in boosting the growth of the Automotive Sensors Market. Powertrain sensors are crucial for the effective operation of the engine, transmission system, and alternator. Braking, steering, and suspension functions are all supervised by chassis sensors. A sensor cluster is used in SAE AV Level 3 vehicles' ADAS/AD systems, braking systems, and power steering systems. Body sensors evaluate the vehicle's condition and efficiency across a range of parameters. Furthermore, As an outcome, autonomous vehicles installed with a variety of sensors can reduce driver stress while increasing efficiency. As a result, the increase in the adoption of self-driving vehicles is boosting the growth of the automotive sensors market. The high cost of developing automotive sensors is anticipated to hinder market growth. One of the major limiting factors in the developing market of automotive sensors is a lack of aftermarket for sensors. Key Developments
The major players in the market are Sensata Technologies, Robert Bosch, Continental AG, Delphi Automotive, Analog Devices, Denso Corporation, Infineon Technologies, CTS Corporation, Allegro Microsystems, and Elmos Semiconductor. Verified Market Research has segmented the Global Automotive Sensors Market On the basis of Type, Vehicle Type, Application, and Geography.
Browse Related Reports: Advanced Driver Assistance Systems (ADAS) Market By System (Adaptive Cruise Control, Blind Spot Detection System), By Vehicle Type (Buses, Light Commercial Vehicles (LCVs)), By Electric Vehicle Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle), By Geographic Scope And Forecast, By Geography, Forecast, 2021-2028 Smart Mirror Market By Product (Hardware, Software, Services), By Application (Automotive, Healthcare, Residential), By Geography, Forecast, 2021-2028 Adaptive Cruise Control Market Size By Component Type (LiDAR, RADAR), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Geography, Forecast, 2021-2028 Automotive Sensor Technologies Market By Product (Rotational Motion Sensors, Chemical and Gas Sensors, Angular and Linear Position Sensors, Temperature Sensors, Mass Airflow Sensors, Accelerometers, Image Sensors, Others), By Application (Passenger Cars, Commercial Vehicles), By Geography, Forecast, 2021-2028 Top Automotive Sensor Companies delivering proper safety tools to highway drivers Visualize Automotive Sensors Market using Verified Market Intelligence -: Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future. VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market. About Us Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research. We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries. Contact Us Mr. Edwyne Fernandes Logo: https://mma.prnewswire.com/media/1315349/Verified_Market_Research_Logo.jpg 
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