Automotive Sensor Market Consumption, Major Companies Analysis, Global Forecast 2021
The Medium end vehicles segment, held the largest share within the global Automotive Sensors Market in 2016. It is expected to retain its dominance in the market growing at a fast pace during the forecast period. However, electric automobiles are estimated to achieve the highest growth as compared to other vehicle types in the next five years. Rising environmental concerns and increasing acceptance of electric vehicles are the major factors contributing towards the growing popularity of electric vehicles.
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