Global Speed Sensor Market to Reach USD 13.74 Billion by 2030, Driven by Automotive and Industrial Applications
Market Overview
The global speed sensor market, valued at USD 9.31 billion in 2021, is projected to expand at a CAGR of 4.5% between 2022 and 2030, reaching USD 13.74 billion by 2030. Speed sensors, which measure rotational speed and linear velocity, have become integral across industries ranging from automotive and aerospace to consumer electronics and industrial...
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