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Use Code ONLINE20 to Save 20% On Global Market Reports – Gain Access to Trusted Market Data, Growth Indicators, and Industry Analytics What Is the Current Size and Annual Growth Rate of the Automotive Sensors Market? The automotive sensors market size has grown rapidly in recent years. It will grow from $31.94 billion in 2024 to $35.49 billion in 2025 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to regulatory mandates, rise in passenger car sales, economic growth, government support. The automotive sensors market size is expected to see rapid growth in the next few years. It will grow to $56.84 billion in 2029 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to increasing emphasis on vehicle safety, rising vehicle sales, rising connected vehicles, rising urbanization, rising disposable income. Major trends in the forecast period include lidar technology advancements, in-cabin s...