The global automotive sensor market size was USD 7.64 billion in 2018 is projected to reach USD 9.94 billion by 2026, exhibiting a CAGR of 3.4% during the forecast period.
To know the impact of COVID-19 ON Automotive Sensors Market
As per current automotive sensors market trends, governing bodies globally have imposed stringent regulations on automotive manufacturers to equip various sensors in vehicles owing to the rising number of road accidents, globally. In recent years, majority of cars are equipped with advanced sensors that are connected to the electronic control unit (ECU). ECU consist of software and hardware. Hardware contains a microcontroller chip as the vital component along with electronic components on the printed circuit board (PCB). Inputs that are received from the number of sensors and is processed by the microcontroller in real-time. Majority of vehicles have eliminated the use of pneumatic and mechanical controls and replaced