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 estimated cost of each ultrasonic sensor mentioned in the text?

What kind of features are car makers considering adding to their vehicles?

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

What is identified as the biggest trend in the automotive industry?

According to the text, what will happen to the demand for ultrasonic sensors?