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Automotive Sensors Global Market to Reach about $67 billion by 2030

The global market for Automotive Sensors is estimated at US$33.2 billion in 2024 and is anticipated to register a strong 2024-2030 CAGR of 12.4% in reaching a projected US$66.8 billion by 2030. Some of the underlying forces driving the market for Automotive Sensors include demand for advanced driver-assistance systems (ADAS) and in-vehicle safety features, which have become ubiquitous in modern vehicles.

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Automotive Sensors Global Market to Reach about $67 billion by 2030

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  1. Industry Experts, Inc. VEHICULAR SAFETY DRIVING DEMAND FOR AUTOMOTIVE SENSORS GLOBAL MARKET TO REACH ABOUT $67 BILLION BY 2030

  2. Industry Experts, Inc., has released its latest report on "Automotive Sensors Market", with demand for the same being estimated at US$33.2 billion in 2024 and projected to reach US$66.8 billion by 2030 at a 2024-2030 CAGR of 12.4%.

  3. The report studies the Automotive Sensors market across all major regions including North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Middle East & Africa.

  4. The market for major types of Automotive Sensors analyzed in this report include Gas Sensors, Image Sensors, Position Sensors, Pressure Sensors, Safety Sensors, Speed Sensors and Temperature Sensors, among Others (Incl. Chemical Sensors, Current Sensors, Force Sensors, Humidity Sensors, Inertial Sensors, Knock Sensors, Level Sensors, LiDAR Sensors, Magnetic Sensors, Radar Sensors & Torque Sensors). The study also examines the market for Automotive Sensors by application, comprising Chassis, Exhaust Systems, Powertrain Systems, Safety & Security Systems, Telematics and Vehicle Body Electronics. The vehicle types where Automotive Sensos are used as analyzed in this report include Passenger Cars (PCs), Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs), with a further classification analyzing the type of fitting that comprises OEM Fitting and Aftermarket Fitting.

  5. ABOUT INDUSTRY EXPERTS, INC. Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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