MARKET OVERVIEW
One of the primary motivations behind fully autonomous vehicles is improving road safety. According to a recent report by the National Highway Traffic Safety Administration (NHTSA), over 90% of road accidents are due to driver errors. Eliminating human error through automation can significantly reduce accident rates.
MARKET SIZE & GROWTH
• The global Time-of-Flight Sensors for Automotive In-Cabin Market was valued at 26.3 million in 2024.
• It is projected to reach US$ 186 million by 2031.
• The market is expected to grow at a CAGR of 33.0% during the forecast period.
BY
TYPE:
• Wafer • Lead Frame • Photoresist • Other
