Saudi Arabia Automotive Temperature Sensor Market Landscape & Forecast, 2022–2028
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects that Saudi Arabia automotive temperature sensor market to grow at a CAGR of 8.5% during the forecast period between 2022 and 2028. The expansion of Saudi Arabia automotive temperature sensor market is driven by rising consumer preference for alternative fuel vehicles and an increasing focus on reducing the number of traffic incidents using sensor technology and navigate through harsh weather conditions. High disposable income among Saudi Arabians, which leads in the high adoption of private vehicles, is also a major growth factor for the market. Furthermore, Saudi Guidelines, Metrology, and Quality Organization (SASO) stringent government safety regulations for new vehicles, combined with automobile manufacturers increased focus on designing electronic components, safety sensors, and smart braking systems, are expected to further fuel the growth of Saudi Arabi...