The market for automotive sensors is anticipated to grow over the next years as a result of rising auto sales brought on by rising per capita income in emerging economies and the automation of automobiles.

https://www.fmiblog.com/2023/08/04/automotive-sensors-market-projected-to-reach-us-44-billion-by-the-year-2033-advancements-in-vehicle-technology-and-rising-demand-for-adas-and-autonomous-vehicles/