Next Move Strategy Consulting
Electric Vehicle (EV) Sensor Market Report 2030: Key Insights You Need to Know
Electric Vehicle (EV) Sensor Market Report 2030: Key Insights You Need to Know
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The global Electric Vehicle (EV) Sensor Market, valued at USD 10.79 billion in 2024, is projected to reach USD 25.82 billion by 2030, growing at a CAGR of 15.7% from 2025 to 2030. Market growth is driven by increasing electric vehicle adoption, advancements in autonomous driving technologies, and wireless charging systems.
The Asia-Pacific region dominates the EV sensor market and is expected to maintain its lead, fueled by rising demand for electric vehicles and sophisticated EV sensors that enhance performance, safety, and overall driving experience.
Major players include Continental AG, ZF Friedrichshafen AG, Allegro MicroSystems, Inc., Amphenol Corporation, Denso Corporation, Sensata Technologies, Inc., TVS Sensing Solutions, Valeo Group, Aaron Instruments, CTS Corporation, Melexis, NXP Semiconductors, STMicroelectronics, Texas Instruments Incorporated, Infineon Technologies AG, and others. These companies leverage collaborations to maintain market dominance.
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