Rise in demand for vehicle electrification, formulation of stringent government regulations related to emissions will drive the automotive sensors market at a high CAGR during the forecast period.

The growth of the market is attributed to the rise in preference for security and safety features in vehicles, being demanded by consumers in the Western hemisphere

Rise in demand for road safety for the automotive pertaining to driver activeness, and stringent government regulations related to driver monitoring will drive the Driver Monitoring Systems market.

The changing lifestyle and buying behaviour of people, a rise in disposable income, and the growing demand for luxury vehicles are some the factors influencing the market growth.

The advancement in automotive technology and the increase in automotive safety regulations are driving the demand for the market.

The rising theft of vehicles and increasing demand for advanced automated technology to secure vehicles are driving the demand for the market.

The increasing government initiatives to improve the safety and security of off-highway vehicles and the robust growth construction industry are driving the demand for the market.

The growing need for an alternative mode of transportation and smart city initiatives will drive the urban air mobility market.

The rising need for inter-vehicle communication and the increasing need for security and safety for automotive applications are driving the demand for the market.

The growing usage of autonomous delivery vehicle in commercial applications for faster delivery of goods is one of the significant factors influencing the market growth.