xEV Sensor Demand Outlook 2021-2030

TechInsights forecasts xEV production to grow at a CAAGR of 18%, with volumes reaching 57.8 million units by 2030. Sensor demand from xEV powertrain systems is forecast to grow at a CAAGR of 22% from $0.6 billion in 2022 to $1.6 billion in 2027 and reaching $1.8 billion by 2030.

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