Automotive Sensor Market Summary
The global automotive sensor market was valued at USD 39.5 billion in 2023 and is projected to grow to USD 85.1 billion by 2030, expanding at a CAGR of 11.9% from 2024 to 2030. This significant growth is primarily driven by the rising adoption of advanced driver-assistance systems (ADAS) and the ongoing development of autonomous vehicles (AVs).