Global Automotive Sensor Market is Set to Reach USD 44.0 billion by 2027
Industryno126 Sep, 2021Business
The global automotive sensor market is expected to grow at a CAGR of 8.0% during the forecast period with its market size predicted to reach USD 44.0 billion by 2027. There is a constant increase in the number of sensors integrated into vehicles to improve their performance. Due to this, there is a rise in the number of partnerships and collaborations among the automotive OEMs and sensor manufacturers is one of the major trends prevailing in the automotive sensor market currently.
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