Global Automotive Angle Sensor market cagr 8.7%

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Automotive Angle Sensor Market

Automotive Angle Sensor Market Size and Growth

The Automotive Angle Sensor market is experiencing robust growth, driven by advancements in vehicle safety and automation. The global market size is projected to reach approximately $2 billion by 2027, with a compound annual growth rate of over 8%. Increasing demand for electric vehicles and enhanced driver assistance systems are key drivers. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Bosch (Germany)

◍ Panasonic (Japan)

◍ Magna International (Canada)

◍ HELLA (Germany)

◍ Alps Electric (Japan)

◍ NTN (Japan)

◍ Sensata Technologies (USA)

◍ Nippon Seiki (Japan)

◍ TT Electronics (UK)

The Automotive Angle Sensor Market is competitive, featuring companies like Bosch, Panasonic, and Magna International. These firms innovate sensor technology, enhancing vehicle safety and efficiency, which drives market growth. Notable sales revenues include Bosch at approximately $88 billion, Panasonic at around $70 billion, and Magna International at about $37 billion.

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Market Segmentation

By Application

Passenger Cars

Commercial Vehicles

By Product

◍ Touchless Angle Sensor

Hollow Shaft Angle Sensors

Shaft Type Angle Sensors

Others

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Market Growth

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$ X Billion USD

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Global Automotive Angle Sensor market cagr 8.7% by ReportPrime - Issuu