Market outlook for automotive sensors as electrification expands
The article looks at why electrification will drive growth in the sensor market with a focus on current, temperature, and position sensors and the companies likely to benefit from this trend.
The automotive industry experienced one of its most sluggish periods over the last couple of years. Macroeconomic factors such as the US–China trade war and a weak Chinese manufacturing output led to dented consumer sentiment across most verticals, but the automotive industry bore one of the biggest brunt.
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