Europe Automotive Sensor Supply Chain Market 2027 The Europe automotive sensors market accounted for US$ 2.13 Bn in 2018 and is expected to grow at a CAGR of 6.8% over the forecast period 2019-2027, to account for US$ 3.83 Bn in 2027. Get Full Report: https://www.businessmarketinsights.com/reports/europe-automotive-sensors-market The automotive industry continues to face mounting pressure to integrate advanced electronics and semiconductor components into vehicles to improve overall performance. A key driver of this trend is the growing shift toward vehicle electrification, which is significantly boosting the demand for sensors across the automotive sector. As a result, automakers are increasingly forming strategic partnerships with sensor manufacturers to meet evolving customer expectations for enhanced safety, reliability, and performance. Get a sample PDF of the report – https://www.businessmarketinsights.com/sample/TIPRE00005045?utm_source=Blog&utm_medium=10640 #EuropeAutoSensors #ADAS #AutomotiveSensors #SensorMarket #VehicleTechnology #Electrification #MEMSSensors #TrafficSafety #Powertrain #ChassisSensors #PassengerCar #HCV #LCV #AutoOEM #MarketForecast #SensorTrends #CleanVehicles #SmartMobility #InvestmentInsights

Strategic Partnerships in North America EV Plastics Market – Trends to 2027 Get a sample PDF of the report: https://www.businessmarketinsights.com/sample/TIPRE00017235?utm_source=Blog&utm_medium=10640 The plastic for electric vehicle market in North America is expected to grow from US$ 213.50 million in 2019 to US$ 904.89 million by 2027; it is estimated to grow at a CAGR of 20.0% from 2020 to 2027. Get Full Report: https://www.businessmarketinsights.com/reports/north-america-plastics-for-electric-vehicle-market Bio-based plastics encompass a wide array of materials, including mass-market polymers such as Polyethylene Terephthalate (PET), bio-based Polyethylene (PE), performance-grade polymers, and thermoplastic co-polyester elastomers (TPC-ET). As the automotive industry increasingly emphasizes reducing CO₂ emissions, the adoption of bio-plastics over recycled plastics is gaining traction—particularly in non-visible vehicle components. This shift is helping reduce overall vehicle weight, thereby improving efficiency and sustainability. Many automakers and suppliers around the world have recognized the environmental and cost benefits of incorporating sustainable plastic materials in electric vehicle (EV) production. Bio-based polyesters and polyamides are being used more frequently, with the aim of lowering the environmental footprint of vehicles. For example, the Kia Soul EV uses bio-plastics for various interior components, including carpets, door latches, and seat trims, opting for these materials instead of traditional recycled plastics. Similarly, major automotive companies such as Toyota, BMW, and Nissan are also embracing bio-plastics to align with the broader shift toward green technologies. This trend is significantly contributing to the expansion of the plastics for electric vehicles market.