New research by Frost & Sullivan shows growth on the horizon for the automotive sensor market, but margins will remain slim. The North American Automotive OE Sensor Markets study forecasts total market revenue to reach $4.15 billion in 2009, nearly double 2002’s $2.18 billion. Frost & Sullivan says that although new sensors tend to reap profits initially, they eventually age and become more of a commodity. As a result, suppliers must find ways to reduce production costs in ...
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