LYON, France – Sensing techniques continue to proliferate. Initially meant to optimize the powertrain’s efficiency, growing safety concerns have made some sensors mandatory: ABS, ESC, airbags, etc. Driven by technology and its initial integration into high-end cars, innovation has diffused to mid to low-end models over the years, giving birth to a multi-billion-unit industry.
According to Pierrick Boulay, Senior Technology & Market Analyst, Photonics and Sensing Division at Yole Intelligence: “5.4 billion sensors for the automotive market were shipped in 2022 globally, generating US$7.8 billion in revenue. And with a strong 10% revenue CAGR between 2022 and 2028, we expect it will grow to US$14 billion in 2028 with 8.3 billion sensors shipped worldwide.”
In this dynamic context, Yole Intelligence releases its brand-new Sensing & Actuating report: Semiconductor Sensors for Automotive 2023. With this new analysis, the company, part of Yole Group, aims to provide a complete and detailed overview of semiconductor sensors for automotive applications. This report delivers a comprehensive understanding of the technology & market trends, describes the underlying technologies, the supply chain that drives it, and its competitive landscape…
To read the full story, please click: Accelerating automotive transformation: the power of semiconductor sensors
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