A Global Automotive Sensors Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Automotive Sensors industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Automotive Sensors market.Get a sample of the report @ [URL]https://www.emergenresearch.com/request-sample/96[/URL]
The Global Automotive Sensors Market is projected to reach USD 48.29 billion in 2027. The continual development in automotive electronics sensors application and technology, the rising concern for safety, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and increasing use of sensors in hybrid semi hybrid and electric cars are boosting the demand of automotive sensors market
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Further key findings from the report suggest
LiDAR sensor is the most important sensor for an autonomous automotive vehicle. Self-driving or autonomous vehicles being tested by companies such as Uber, Alphabet, Toyota, and others rely heavily on these types of sensors to locate themselves on the detailed maps they need to get around and to identify things like other vehicles and pedestrians.
The chassis application segment will also show steady growth in this market over the forecast period. The growth is majorly attributed to the chassis sensor capability to provide safety to the passenger and driver, which controls and handles a vehicle with stability
By the vehicle type, the passenger car segment is expected to retain its pole position in the automotive sensors market owing to the rising demand for safe and high-performance vehicles in the emerging countries.
Key players in the market include Robert Bosch, Continental AG, Delphi Automotive, Denso Corporation, Infineon Technologies, Sensata Technologies, Allegro Microsystems, Analog Devices, Elmos Semiconductor, and CTS Corporation, among others.
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