Narrative: 2024 Q4 Automotive Sensor Demand 2022 to 2031

Dive into the latest automotive sensor demand forecast, with 4.2% CAGR through 2028, as this report covers updated trends, OEM sensor supply insights, and emerging technologies.

Demand for automotive sensors is expected to grow at 4.2% CAGR 2023-2028 in dollar terms. Although slightly higher than was reported in Q3 2024, the growth will mainly come in later years as further reduction in vehicle production has added risk in the near term. This report provides details to the latest changes made to the demand forecast for OEM factory-fitted sensors, as well as the latest news in supply relations and technologies.

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