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Electric Vehicle (EV) Sensor Market Size

  • Report ID: GMI5323
  • Published Date: Aug 2022
  • Report Format: PDF

Electric Vehicle Sensor Market Size

Electric Vehicle Sensor Market size surpassed USD 8 billion in 2021 and is anticipated to register over 5% CAGR from 2022 to 2030. The industry growth is driven by growing concerns associated with the environment.


Growing environmental awareness to propel product demand

There is a significant rise in the adoption of electric vehicles on account of rising awareness about the environment. According to the International Energy Agency (IEA), the sales of electric cars doubled in 2021 to a record 6.6 million, with 2 million electric cars sold across the world in the first quarter of 2022. Electric vehicles have many benefits over conventional vehicles such as eco-friendliness, low maintenance, and usage of renewable resources coupled with advanced electronic and automated systems, thereby boosting the EV sensor market demand.


Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of electric vehicle sensor crossed USD 8 billion in 2021 and is poised to register over 5% through 2030 driven by growing awareness regarding climate change.

The position sensor is expected to depict a 10% gains through 2030 with growing awareness related to the safety and monitoring systems in electric vehicles.

The electric vehicle sensors industry in Europe is anticipated to witness 8% growth from 2022 to 2030 due to the rising adoption of IoT and AI in the automotive sector.

Continental AG, Denso Corporation, Robert Bosch, Sensata, ZF, Valeo, Ampheol, Renesas, NXP Semiconductor, and Melexis.

Electric Vehicle Sensor Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 24
  • Tables & Figures: 464
  • Countries covered: 18
  • Pages: 320
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