Automotive Sensor Market Value will be $36.76 Billion By 2022: Grand View Research, Inc.
“Favorable government regulations for increasing overall passenger security and safety is expected to augment market demand over the forecast period.�
The Global Automotive Sensor Market size is expected to reach USD 36.76 billion by 2022, according to a new study by Grand View Research, Inc. Favorable government regulations for increasing overall passenger security and safety is expected to augment market demand over the forecast period. These products have become an important part of automobiles, and detect physical parameters such as speed and heat and take preventive measures in case of any danger. Access Full Research Report on Global Automotive Sensor Market: http://www.grandviewresearch.com/industry-analysis/automotive-sensorsmarket Growing consumer adoption of electric, hybrid and hydrogen fuel-cell-powered motor vehicles is expected to drive demand for battery monitoring. Image sensor-based ADAS systems have become essential for tracking and identifying potential hazards. Additionally, rising number of autonomous vehicles in yielding lower fuel consumption
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