Automotive Sensors Market [Projected to Reach USD 32.47 Billion,...

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2024-12-17 04:21:23 -

Automotive Sensors Market [Projected to Reach USD 32.47 Billion, 6.69% CAGR]: Growth Analysis

The global automotive sensors market has demonstrated substantial growth, reaching USD 32.47 billion in 2023 and is projected to grow at a CAGR of 6.69% through 2029. This growth is fueled by advancements in sensor technologies, the proliferation of electric and hybrid vehicles, and stringent government regulations promoting safety and efficiency. Despite challenges, including...

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