Wilmington, Delaware, United States, Transparency Market Research, Inc. , Oct. 14, 2024 (GLOBE NEWSWIRE) — The global automotive sensors market stood at US$ 36.3 billion in 2023, and the global market is projected to reach US$ 61.7 billion in 2034. The global automotive sensors market is anticipated to expand at a CAGR of 5% between 2024 and 2034.
The automotive sensors market is experiencing robust growth driven by several key factors. One significant contributor is the exponential rise in the production of autonomous vehicles. As the automotive industry shifts towards autonomy, the demand for advanced sensor technologies capable of providing real-time data for navigation, obstacle detection, and vehicle control has surged.
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Pressure sensors are among the most sought-after sensors in the automotive sector. They play an important role in monitoring tire pressure, engine performance, and fuel injection systems, thereby optimizing fuel efficiency, reducing emissions, and enhancing overall vehicle safety. As governments worldwide impose stricter regulations related to emissions and fuel economy standards, the need for pressure sensors in automotive applications is expected to further escalate.
Companies operating in the automotive sensors industry are continually innovating to meet the evolving demands of the industry. One area of focus is the development of image sensors tailored specifically for automotive use cases. The image sensors are designed to deliver superior performance in challenging conditions such as low-light environments and high dynamic range (HDR) scenarios.
By providing enhanced visibility and object recognition capabilities, these sensors contribute to improving driver assistance systems, enhancing vehicle safety, and enabling advanced features like autonomous driving.
The growing integration of sensor technologies with vehicle-to-everything (V2X) communication systems is opening up new opportunities in the automotive sector. Such systems enable vehicles to communicate with each other and with infrastructure, enhancing traffic management, collision avoidance, and overall transportation efficiency.
Automotive Sensors Market: Key Players
The automotive sensors market report highlights prominent players such as Analog Devices, Inc., Aptiv PLC, Autoliv, Continental AG, Delphi Technologies, Denso Corporation, ELMOS Semiconductor SE, Infineon Technologies, …
Full story available on Benzinga.com
Wilmington, Delaware, United States, Transparency Market Research, Inc. , Oct. 14, 2024 (GLOBE NEWSWIRE) — The global automotive sensors market stood at US$ 36.3 billion in 2023, and the global market is projected to reach US$ 61.7 billion in 2034. The global automotive sensors market is anticipated to expand at a CAGR of 5% between 2024 and 2034.
The automotive sensors market is experiencing robust growth driven by several key factors. One significant contributor is the exponential rise in the production of autonomous vehicles. As the automotive industry shifts towards autonomy, the demand for advanced sensor technologies capable of providing real-time data for navigation, obstacle detection, and vehicle control has surged.
Request a PDF Sample of this Report Now!
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=86115
Pressure sensors are among the most sought-after sensors in the automotive sector. They play an important role in monitoring tire pressure, engine performance, and fuel injection systems, thereby optimizing fuel efficiency, reducing emissions, and enhancing overall vehicle safety. As governments worldwide impose stricter regulations related to emissions and fuel economy standards, the need for pressure sensors in automotive applications is expected to further escalate.
Companies operating in the automotive sensors industry are continually innovating to meet the evolving demands of the industry. One area of focus is the development of image sensors tailored specifically for automotive use cases. The image sensors are designed to deliver superior performance in challenging conditions such as low-light environments and high dynamic range (HDR) scenarios.
By providing enhanced visibility and object recognition capabilities, these sensors contribute to improving driver assistance systems, enhancing vehicle safety, and enabling advanced features like autonomous driving.
The growing integration of sensor technologies with vehicle-to-everything (V2X) communication systems is opening up new opportunities in the automotive sector. Such systems enable vehicles to communicate with each other and with infrastructure, enhancing traffic management, collision avoidance, and overall transportation efficiency.
Automotive Sensors Market: Key Players
The automotive sensors market report highlights prominent players such as Analog Devices, Inc., Aptiv PLC, Autoliv, Continental AG, Delphi Technologies, Denso Corporation, ELMOS Semiconductor SE, Infineon Technologies, …
Full story available on Benzinga.com
Wilmington, Delaware, United States, Transparency Market Research, Inc. , Oct. 14, 2024 (GLOBE NEWSWIRE) — The global automotive sensors market stood at US$ 36.3 billion in 2023, and the global market is projected to reach US$ 61.7 billion in 2034. The global automotive sensors market is anticipated to expand at a CAGR of 5% between 2024 and 2034.
The automotive sensors market is experiencing robust growth driven by several key factors. One significant contributor is the exponential rise in the production of autonomous vehicles. As the automotive industry shifts towards autonomy, the demand for advanced sensor technologies capable of providing real-time data for navigation, obstacle detection, and vehicle control has surged.
Request a PDF Sample of this Report Now!
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=86115
Pressure sensors are among the most sought-after sensors in the automotive sector. They play an important role in monitoring tire pressure, engine performance, and fuel injection systems, thereby optimizing fuel efficiency, reducing emissions, and enhancing overall vehicle safety. As governments worldwide impose stricter regulations related to emissions and fuel economy standards, the need for pressure sensors in automotive applications is expected to further escalate.
Companies operating in the automotive sensors industry are continually innovating to meet the evolving demands of the industry. One area of focus is the development of image sensors tailored specifically for automotive use cases. The image sensors are designed to deliver superior performance in challenging conditions such as low-light environments and high dynamic range (HDR) scenarios.
By providing enhanced visibility and object recognition capabilities, these sensors contribute to improving driver assistance systems, enhancing vehicle safety, and enabling advanced features like autonomous driving.
The growing integration of sensor technologies with vehicle-to-everything (V2X) communication systems is opening up new opportunities in the automotive sector. Such systems enable vehicles to communicate with each other and with infrastructure, enhancing traffic management, collision avoidance, and overall transportation efficiency.
Automotive Sensors Market: Key Players
The automotive sensors market report highlights prominent players such as Analog Devices, Inc., Aptiv PLC, Autoliv, Continental AG, Delphi Technologies, Denso Corporation, ELMOS Semiconductor SE, Infineon Technologies, …Full story available on Benzinga.com Read MoreEconomics, Analyst Ratings, Press Releases, General Economics
