Global automotive magnetic sensors market size 2017 & 2030
This statistic shows the global market size for automotive magnetic sensors in 2017 and the predicted size by 2030. Magnetic sensors are already utilized in modern automobiles, but their presence is expected to increase significantly. Autonomous vehicles will likely be a key driver to the growth of this market as self-driving cars require high-performance, accurate magnetic sensors. By 2030, the market is expected to be worth 2.3 billion U.S. dollars worldwide.