Automotive Sensors Market Trend, Growth, Size, Forecast, Key Players and Competitive Landscape Resea
August 3, 2023 ⚊ 1 Min read ⚊ Views 46 ⚊ BUSINESS
The global automotive sensors market size reached US$ 23.6 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 46.4 Billion by 2028, exhibiting a CAGR of 11.93% during 2022-2028.Automotive Sensors Market Overview
Automobile sensors are intelligent sensors that are used to process the temperature, oil pressure, and emission and coolant levels. They comprise temperature, gas, speed, pressure, and magnetic sensors. They can be controlled by a computer and can calculate the air density in the engine. They are used to monitor the rotating speed of the crankshaft for controlling fuel injection and engine timing. Automobile sensors also assist in observing the content of exhaust gases for the proportion of oxygen to determine fuel metering strategy and emission controls.
