Industry Experts - Market Research Reports, Industry Analysis, Custom Research

  Industry Experts, Inc. has released its latest report on the Automotive Sensors Market , estimating the market size at $33.2 billion in 2024 , with projections to reach $66.8 billion by 2030 , growing at a CAGR of 12.4% from 2024 to 2030 . Key Market Drivers The increasing adoption of advanced driver-assistance systems (ADAS) and in-vehicle safety features is a major factor fueling demand for automotive sensors. Consumers now prefer vehicles that offer enhanced safety, convenience, and connectivity , pushing manufacturers to integrate more sensors into vehicle designs. Additionally, stringent regulatory policies aimed at improving vehicle safety and reducing emissions (such as NOx and carbon monoxide) are further accelerating sensor adoption. Regional Insights Asia-Pacific dominates the global automotive sensors market and is expected to remain the fastest-growing region during the forecast period. China has emerged as a global automotive production hub , significantly ...

Industry Experts has today released the new market report on Automotive Sensors . With a special focus on MEMS sensors market , the report reveals that the global market for automotive sensors is projected to reach just over US$30 billion by 2020 while MEMS accounts for 15% of the total market in the same year. Automotive Sensors are vital components of automotive electronic systems, as modern vehicles rely on these electronic systems to make sure vehicles meet efficiency and security standards as well as environmental regulations. Driven by government regulations of safety and emissions, introduction of high-end options in modern vehicles by major automobile manufacturers and consumer demand for safety, comfort, infotainment applications and fuel efficiency, automotive electronics content per vehicle is on the rise. As the electronics content is increasing in automobiles, the number of automotive sensors used in vehicles is also increasing. Primarily, the government regulations in...