In the ever-evolving landscape of technology, the global on-board magnetic sensors market is poised for substantial growth, with a projected value of US$1.2 billion in 2023, according to recent data from Future Market Insights (FMI). FMI’s extensive analysis and forecasts indicate that the on-board magnetic sensors market is set to exhibit a robust CAGR of 7.0%, potentially …
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On-board Magnetic Sensors Market 2023 Outlook, Current and Future Industry Landscape Analysis 2033
The global on-board magnetic sensors market revenue is anticipated to reach US$ 2.4 billion by 2033, up from US$ 1.2 billion in 2023. Future Market Insight estimated a CAGR of 7.0% for the market between 2023 and 2033. The market growth is driven by the increasing demand for these sensors in consumer electronics applications. The rise …