Proximity Sensor Market Projected to reach $5.97 billion by 2030
The global proximity sensors market is projected to grow from USD 4.28 billion in 2025 to USD 5.97 billion by 2030, at a CAGR of 6.9%. The increasing adoption of these sensors in the automotive industry is driving the market for proximity sensors. These sensors are essential components in advanced driver-assistance systems (ADAS), parking assistance, collision avoidance, and infotainment systems, all of which enhance vehicle safety and user experience. The rising production of electric and autonomous vehicles is further boosting demand, as these platforms rely heavily on sensing technologies for navigation and safety compliance. Stringent government regulations on vehicle safety standards are also compelling automakers to integrate proximity sensors across various models. Moreover, consumer preference for advanced safety and comfort features is accelerating adoption, making the automotive sector a leading growth driver for the proximity sensors market worldwide. Dow...