92-Cent Ultrasonic Sensor Drives Nippon Ceramic's Gains

The video discusses the affordability and technological maturity of ultrasonic sensors, which cost about $1 each. These sensors are expected to be widely adopted by car manufacturers for features like auto parking and autobrake. The demand for these sensors is projected to double over the next five years, driven by the trend towards autonomous driving. IHS, an industrial consultancy, supports this demand forecast, indicating a growing need for various sensors in the automotive industry.

What is the approximate cost of each ultrasonic sensor?

• $0.50

• $10.00

• $1.00

• $5.00

Which automotive features are mentioned as benefiting from ultrasonic sensors?

• Blind spot detection

• Lane departure warning

• Auto parking and autobrake

• Cruise control

What is the expected change in demand for ultrasonic sensors over the next five years?

• It will decrease by half

• It will remain the same

• It will double

• It will triple

Which consultancy provided the estimate for the demand increase of ultrasonic sensors?

• McKinsey

• Deloitte

• IHS

• Gartner

What is the biggest trend in the automotive industry according to the transcript?

• Autonomous driving

• Electric vehicles

• Car sharing

• Hybrid technology