Automotive Temperature Sensor Market

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Automotive Temperature Sensor MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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• The Automotive Temperature Sensor Market size was
  valued at 3.6 billion in 2021, estimated to grow
  at a CAGR of 5.6 during 2022-2027. The shift
  toward digitalization in automotive electronics
  has led to the rise of IoT in the sector which
  has further fueled the growth of Automotive
  Temperature Sensors. Furthermore, the digital
  revolution in the sensing industry has enhanced
  the manufacturers to design and develop new
  Temperature Sensors that utilize a digital
  interface with low interface for the automotive
  sector. In addition, the growing use of
  Automotive Temperature Sensors in the electric
  vehicle marketplace is further driving the growth
  of the Automotive Temperature Sensors market
  during the forecast period. .

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• Key Takeaways
• In 2021, the Automotive Temperature Sensors
  market was dominated by Asia Pacific owing to the
  growth of the automotive manufacturing sector in
  the countries such as China and India.
• The demand for ADAS Solutions in vehicles is
  highly enhancing the growth of the Automotive
  Temperature Sensors market. Moreover, the growing
  demand for connected vehicles are highly
  propelling the markets growth.
• With the increasing demand for internet of things
  (IoT) powered devices including automotive
  control systems and connected vehicles are
  leading to increased focus on temperature sensor
  adoption thereby expanding the markets growth.

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By Distribution Channel- Segment
Analysis Passenger vehicles in the Automotive
Temperature Sensor Market held a major share of
67.5 in the vehicle type segment in the year
2021. It is poised to grow significantly driven
by the growing demand for passenger vehicles all
around the globe. This increasing trend of
passenger cars production is anticipated to
continue in the coming years, thereby providing
significant opportunities to the automotive
temperature sensor market.
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• Automotive Temperature Sensor Industry Outlook 
• TI
• Maxim
• Analog
• Microchip
• NXP
• ON Semiconductor
• Measurement Specialties (TE Connectivity)
• Melexis
• IDT
• STMicroelectronics

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Automotive Temperature Sensor Forecast (2022 -
2027) Learn More About the
Report _at_ https//www.industryarc.com/Research/Au
tomotive-Temperature-Sensor-Market-Research-501187
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id501187

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Reddy Contact (1) 970-236-3677 Email
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