• The United States Next Generation Automotive Sensor market is poised for significant growth. In 2024, the market was valued at US$ 1.23 billion, with projections indicating it will reach US$ 2.33 billion by 2030, expanding at a robust CAGR of 11.3% during the forecast period from 2024 to 2030.
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• Drivers:
• Adoption of ADAS and Autonomous Driving Technologies: As the automotive industry pushes for more advanced driver-assistance features, the demand for sensors like cameras, radars, and LiDAR has risen. These sensors are critical for enabling features such as lane-keeping assistance, adaptive cruise control, and autonomous driving capabilities.
• Demand for Electric Vehicles (EVs): Electric vehicles are becoming a significant part of the global automotive ecosystem. These vehicles rely heavily on sensors for functions such as battery management, energy efficiency, and enhanced safety features.
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By
Applications
Power System
Transmission System
Chassis and Body Safety System
Body Comfort System
: • Texas Instruments
Analog Devices, Inc.
TE Connectivity
Sensata Technologies
Allegro Microsystems, LLC • Littelfuse, Inc.
Quanergy Systems, Inc.
