Explore the Growth of India's Automotive Sensors Market
Shingetsu Research26 Aug, 2024Business
India's Automotive Sensors Market is set to reach USD 3,940.39 million by 2030, with a 15% CAGR. Growth is driven by rising disposable incomes, safety standards, and emission regulations, plus demand for autonomous and electric vehicles. Automotive sensors, essential for comfort and safety, are led by pressure sensors. Opportunities arise from increased EV adoption and government mandates, though high costs and weather limitations may pose challenges. Explore the latest market trends and opportunities.
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