Automotive Temperature Sensor Market Size, Share, Growth, 2029
Automotive Temperature Sensor Market Automotive Temperature Sensor Market was valued at USD 3.8 billion in 2021 and is projected to touch USD 8.0 billion in 2029 and the market is estimated to grow at a CAGR of 9.7%. The factors driving the growth of Automotive Temperature Sensor Market includes increasing popularity of connected cars and autonomous vehicles, growing emphasis on reducing carbon emissions and rise in the number of electric vehicles charging stations around the world. According to the report published by Statista, the Global Connected Cars Market was calculated around USD 63.2 billion in 2019 and is expected to reach USD 191.83 billion by the end of 2028, which will accelerate the Automotive Temperature Sensor Market size in the approaching years. Moreover, rising awareness amongst consumers about the benefits of automotive temperature sensors, Government polices boosting the manufacturing of passenger vehicles and technological advancements in the temperature se...