
Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
CAGR | 5.87 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Market Concentration | High |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Automotive Steering Sensor Market Analysis
The Automotive Steering Sensors Market is expected to register a CAGR of 5.87% during the forecast period.
The automotive industry is undergoing a fundamental transformation driven by electrification and autonomous driving technologies, reshaping the automotive sensors landscape. Major automotive manufacturers are making substantial investments in electric vehicle production facilities, exemplified by M Glory Holding Group's establishment of an AED 1.5 billion electric vehicle manufacturing plant in Dubai Industrial City. This facility aims to produce 55,000 EVs annually, highlighting the industry's commitment to sustainable transportation solutions. The shift toward electric mobility is particularly evident in emerging markets, with countries like Mexico setting progressive targets to increase the electric vehicle share to 35% by 2024, rising to 40% by 2035, and reaching 50% by 2050.
Technological advancements in sensor capabilities are driving innovation across the automotive sector, particularly in steering systems. Advanced driver assistance features such as lane-keeping, park assist, active return to center, and traffic jam assistance are becoming increasingly sophisticated, requiring more precise and reliable automotive sensors technology. According to industry projections, Level 2 driver assistance technologies are expected to be installed in more than 30% of all vehicles sold in the United Kingdom by 2030, demonstrating the growing market penetration of advanced steering sensor systems.
The integration of steering sensors with connected vehicle technologies is accelerating rapidly, creating new opportunities for enhanced safety and performance features. The Society of Motor Manufacturers and Traders reports that by 2026, 100% of all new vehicles registered will be connected vehicles, indicating a significant shift toward more sophisticated vehicle electronics and sensor systems. This connectivity revolution is enabling real-time data processing and advanced feedback mechanisms that enhance steering precision and overall vehicle control.
Manufacturing capacity expansion and technological innovation are driving significant changes in the steering sensor supply chain. Companies are increasingly focusing on developing more compact, efficient, and reliable steering system components while expanding their production capabilities. For instance, Hella doubled its production capacity at its Shanghai plant in 2021, specifically for steering electronics components, demonstrating the industry's commitment to meeting growing demand. This expansion in manufacturing capabilities is accompanied by advancements in sensor technology, including the development of more sophisticated magnetic sensors, improved torque detection systems, and enhanced position sensing capabilities. The rise of electric power steering sensors further underscores the industry's shift towards more sustainable and efficient solutions.
Automotive Steering Sensor Market Trends
Government Initiatives and the Growing Emphasis on Safer Automotive Systems Driving the Market
The automotive steering sensors market is experiencing significant growth driven by increasing government mandates for vehicle safety systems and rising consumer awareness about advanced safety features. According to the World Health Organization, approximately 1.24 million people die in road accidents annually, with about half of these fatalities occurring due to side-impact accidents. This alarming statistic has prompted governments worldwide to implement stringent safety regulations, with only 40 countries having adopted the complete set of seven crucial regulations for car safety. These initiatives have compelled automotive manufacturers to incorporate advanced safety systems, including electronic stability control (ESC) and electric power steering (EPS), which rely heavily on sophisticated steering angle sensors.
The National Highway Traffic Safety Administration has mandated that all new passenger vehicles sold in the United States must be equipped with Electronic Stability Control, making steering angle sensors an integral component in modern vehicles. This regulatory push has been complemented by the automotive industry's shift towards integrating advanced driver assistance systems (ADAS) features such as lane departure warning, lane-keeping assistance, and automated parking systems. Major industry players are responding to these requirements through innovative partnerships, as evidenced by Nexteer Automotive and Continental AG's joint expansion in 2023 to develop new software functions that provide backup safety layers for Electric Power Steering and Steer-by-Wire systems across all driving automation levels (1-5).
Adoption of Steer-by-Wire System Aiding Market Growth
The increasing adoption of steer-by-wire technology is revolutionizing the automotive steering sensor market by replacing traditional mechanical steering connections with sophisticated electronic systems. This technology utilizes electronics, algorithms, and actuators to establish the connection between road wheels and handwheels, resulting in reduced overall vehicle weight and enhanced maneuverability through variable steering ratios. The system's advantages extend beyond weight reduction, as it enables features like autonomous lane maintaining, park aid, variable steer ratio, and improved vehicle dynamics management, making it particularly valuable for electric and autonomous vehicles.
The industry is witnessing significant technological advancements in steer-by-wire systems, with major manufacturers investing in research and development to enhance system capabilities. For instance, in 2023, ZF demonstrated its latest steering systems incorporating steer-by-wire technology through its second-generation Active Kinematics Control (AKC), specifically designed for the North American market. This system is now available for electric vehicles, pickups, and heavy-duty vehicles, showcasing the technology's versatility across different vehicle segments. Additionally, companies like Schaeffler are developing innovative solutions such as the Space Drive steer-by-wire technology, which is based on the AUTOSAR software standard, enabling direct communication with vehicle electronics and onboard systems while facilitating integration with existing vehicle assistance systems. The integration of power steering sensors and EPS sensors in these systems further enhances their functionality and reliability.
Segment Analysis: By Sensor Type
Torque Sensor Segment in Automotive Steering Sensors Market
The torque sensor segment continues to dominate the automotive steering sensors market, commanding approximately 65% market share in 2024. This significant market position is attributed to torque sensors being essential components in both electronic and hydraulic power steering systems across all vehicle types. These sensors measure the steering torque applied by the driver, with the vehicle's electronic control units receiving input from both the torque sensor and motor to apply the required assistance on the steering column. The segment's dominance is further strengthened by the increasing adoption of electric power steering (EPS) systems in vehicles globally, as automakers focus on improving steering precision and driver comfort while meeting stringent fuel efficiency standards. Additionally, the integration of steering angle sensors enhances the accuracy and reliability of these systems.

Health Monitoring Systems Segment in Automotive Steering Sensors Market
The health monitoring systems segment is experiencing remarkable growth in the automotive steering sensors market, projected to expand at approximately 17% CAGR during 2024-2029. This exceptional growth is driven by the increasing integration of advanced driver monitoring capabilities within steering systems. These sophisticated sensors track vital signs and stress levels using metrics like heart rate and blood oxygen saturation, enabling vehicles to detect driver drowsiness and potential health issues. The segment's growth is further accelerated by rising demand for enhanced safety features and the increasing adoption of advanced driver assistance systems (ADAS) in modern vehicles, with most premium vehicles now incorporating health monitoring sensors as standard features.
Remaining Segments in Automotive Steering Sensors Market by Sensor Type
The automotive steering sensors market encompasses several other important segments, including intelligent multi-functional sensor systems, position/angle sensors, and other specialized sensor types. Position and angle sensors play a crucial role in detecting steering wheel position and movement, particularly in electronic stability control systems. Intelligent multi-functional sensor systems are gaining prominence due to their ability to combine multiple sensing capabilities in a single unit, offering enhanced functionality for autonomous and semi-autonomous driving features. Other sensor types contribute to specific applications within steering systems, including pressure sensors and reset sensors, each serving unique functions in modern vehicle steering mechanisms. The integration of steering wheel sensors and power steering sensors in these systems is pivotal for ensuring optimal performance.
Segment Analysis: By Vehicle Type
Passenger Cars Segment in Automotive Steering Sensors Market
The passenger cars segment continues to dominate the automotive steering sensors market, commanding approximately 68% of the total market share in 2024. This dominance is primarily attributed to the widespread adoption of electric power steering (EPS) systems in modern passenger vehicles, driven by their numerous advantages, including the elimination of hoses and fluids in the steering system. The increasing focus on safety and comfort features has led automotive manufacturers to equip their vehicles with advanced driver assistance systems, including steering assistance systems. Furthermore, the growing consumer awareness of advanced safety systems and technology has resulted in customers prioritizing vehicles with improved safety features, particularly in the passenger car segment. The implementation of EPS technology in entry-level segment cars and the rising demand for electric vehicles have also contributed significantly to the segment's market leadership. The integration of electric power steering sensors is crucial in enhancing these systems' functionality.
Heavy Commercial Vehicles Segment in Automotive Steering Sensors Market
The heavy commercial vehicles segment is projected to experience the fastest growth rate of approximately 7% during the forecast period 2024-2029. This accelerated growth is driven by several factors, including the increasing adoption of electric and autonomous trucks across various regions. The logistics and e-commerce industry's expansion has created a strong demand for advanced steering systems in heavy commercial vehicles. Additionally, the development of autonomous trucks has intensified the need for sophisticated steering sensors, with several companies partnering with technology providers to develop next-generation steering systems. The integration of advanced driver assistance systems (ADAS) and the focus on improving fuel efficiency and driver comfort in heavy commercial vehicles are further propelling the segment's growth.
Remaining Segments in Vehicle Type Segmentation
The light commercial vehicles segment represents a significant portion of the automotive steering sensors market, bridging the gap between passenger cars and heavy commercial vehicles. This segment has witnessed substantial growth due to the increasing adoption of electric power steering in commercial vehicles, though it is still in a nascent stage compared to hydraulic steering systems. The segment's growth is further supported by the expanding logistics sector and construction industry across the world, which has increased the demand for light commercial vehicles, particularly trucks. The rising trend of electrification in light commercial vehicles and the integration of advanced safety features have also contributed to the segment's market presence.
Segment Analysis: By Technology
Magnetic Segment in Automotive Steering Sensors Market
The magnetic technology segment continues to dominate the automotive steering sensors market, holding approximately 73% market share in 2024. This significant market position is driven by several key advantages that magnetic sensors offer, including the ability to monitor mechanical parameters such as angle of rotation and angular speed without physical contact. The technology has proven to be particularly valuable in modern automotive applications due to its durability, cost-effectiveness, and ability to provide precise measurements over extended periods. Magnetic sensor technology, particularly giant magneto-resistance (GMR) thin film systems, offers numerous benefits, including longer working distances, more precise angular position measurement over a wider range, smaller and cheaper sensor chips, and cost-effective system solutions due to higher signal output. The segment's strong performance is further bolstered by its extensive use in both steering position and torque sensors, as well as its crucial role in accelerometers for vehicle safety and fuel efficiency applications. Additionally, magnetic sensors make substantial contributions to vehicle electrification efforts, supporting the growing market for powertrain and auxiliary motors and autonomous vehicles.
Contacting Segment in Automotive Steering Sensors Market
The contacting technology segment in the automotive steering sensors market represents a more traditional approach to steering sensor technology, utilizing physical contact between components to measure and derive data. This segment primarily encompasses steering position and torque sensors that rely on mechanical interfaces. While the technology is well-established and continues to serve specific market needs, particularly in developing markets where cost considerations are paramount, it faces certain limitations compared to newer technologies. The segment's value proposition lies in its relatively lower cost structure, making it particularly attractive for vehicles in developing countries and those with older generation hydraulic power steering systems. The technology typically employs two or more contacting surfaces or gears for measurement, and in torque sensing applications, often uses a wiper attached to the torsion bar and a voltage divider attached to the rotating bridge circuit on the steering shaft to measure torque through resistance changes.
Automotive Steering Sensors Market Geography Segment Analysis
Automotive Steering Sensors Market in North America
The North American automotive sensors market demonstrates robust growth driven by advanced technological adoption and stringent safety regulations. The United States leads the regional market, followed by Mexico and Canada, with significant manufacturing capabilities and the presence of major automotive manufacturers. The region's focus on electric vehicles and autonomous driving technologies has accelerated the adoption of sophisticated steering system components. The presence of key market players and well-established automotive manufacturing infrastructure continues to drive innovation and market expansion across these countries.

Automotive Steering Sensors Market in the United States
The United States dominates the North American market with approximately 86% market share in 2024. As one of the largest automotive markets worldwide, the U.S. benefits from large-scale domestic production and the presence of 13 major car manufacturers. The country's advanced manufacturing capabilities and technological leadership position it as a key market for automotive sensors. The increasing adoption of electric vehicles and autonomous driving technologies has further accelerated market growth. The U.S. automotive industry's focus on safety features and advanced driver assistance systems (ADAS) continues to drive demand for sophisticated steering sensor technologies.
Automotive Steering Sensors Market in Canada
Canada emerges as a significant player in the North American market with a projected growth rate of approximately 5% during 2024-2029. With over five heavy-duty assembly plants, 540 OEM part manufacturers, and 400 dealerships, Canada maintains a strong position in the automotive sector. The country's status as a global leader in light vehicle production, with major manufacturers like Toyota, Honda, Stellantis, GM, and Ford constructing nearly 1.4 million automobiles annually, provides substantial opportunities for power steering sensors manufacturers. The automotive sector's significant contribution to the country's GDP and strong integration with the U.S. market through trade agreements further strengthens its market position.
Automotive Steering Sensors Market in Europe
The European automotive sensors market showcases strong growth potential driven by stringent safety regulations and increasing adoption of advanced driver assistance systems. Germany leads the market, followed by France, the United Kingdom, and Russia. The region's focus on electric mobility and autonomous driving technologies has created substantial opportunities for steering sensor manufacturers. The presence of major automotive manufacturers and ongoing technological innovations continues to drive market growth across these countries.
Automotive Steering Sensors Market in Germany
Germany maintains its leadership position in the European market with approximately 20% market share in 2024. The country's robust automotive manufacturing sector, coupled with significant investments in electric and autonomous vehicle technologies, drives market growth. German automotive manufacturers' focus on innovation and advanced safety features has created strong demand for sophisticated steering sensor systems. The presence of major automotive suppliers and ongoing research and development activities in autonomous driving technologies further strengthens Germany's market position.
Automotive Steering Sensors Market in France
France demonstrates strong growth potential with an expected growth rate of approximately 6% during 2024-2029. The country's automotive sector benefits from increasing demand for luxury vehicles and growing adoption of SUVs equipped with advanced steering systems. French automotive manufacturers' focus on electric mobility and autonomous driving technologies creates substantial opportunities for steering sensor manufacturers. The country's strong automotive manufacturing base and emphasis on technological innovation continue to drive market growth.
Automotive Steering Sensors Market in Asia-Pacific
The Asia-Pacific region represents a significant market for automotive sensors, driven by rapid industrialization and increasing vehicle production. China leads the regional market, followed by Japan, India, and South Korea. The region's growing focus on electric vehicles and autonomous driving technologies creates substantial opportunities for steering sensor manufacturers. The presence of major automotive manufacturers and increasing investments in advanced automotive technologies continue to drive market growth across these countries.
Automotive Steering Sensors Market in China
China maintains its position as the largest market in the Asia-Pacific region, driven by substantial investments in automotive manufacturing and electric vehicle production. The country's robust automotive sector, supported by government initiatives promoting electric and autonomous vehicles, creates significant opportunities for steering sensor manufacturers. The presence of major domestic and international automotive manufacturers and ongoing technological advancements further strengthens China's market position.
Automotive Steering Sensors Market in India
India emerges as the fastest-growing market in the Asia-Pacific region, driven by rapid industrialization and increasing automotive production. The country's growing focus on electric mobility and rising demand for vehicles equipped with advanced safety features creates substantial opportunities for steering sensor manufacturers. The presence of major automotive manufacturers and increasing investments in automotive technology development continue to drive market growth.
Automotive Steering Sensors Market in South America
The South American automotive steering sensors market shows steady growth potential, with Brazil and Argentina as key contributing countries. Brazil emerges as both the largest and fastest-growing market in the region, driven by increasing automotive production and growing demand for vehicles equipped with advanced safety features. The region's focus on electric mobility and rising investments from global automotive manufacturers create substantial opportunities for steering sensor manufacturers. The presence of major automotive assembly plants and growing emphasis on vehicle safety features continue to drive market growth across these countries.
Automotive Steering Sensors Market in the Middle East and Africa
The Middle East and Africa region demonstrates growing potential in the automotive steering sensors market, with the United Arab Emirates and Saudi Arabia as key contributing countries. Saudi Arabia emerges as both the largest and fastest-growing market in the region, driven by increasing investments in automotive manufacturing and rising demand for luxury vehicles. The region's focus on electric mobility and growing emphasis on vehicle safety features creates substantial opportunities for steering sensor manufacturers. Government initiatives promoting automotive manufacturing and increasing investments from global automotive manufacturers continue to drive market growth across these countries.
Automotive Steering Sensor Industry Overview
Top Companies in Automotive Steering Sensors Market
The automotive sensors market is led by prominent players including Robert Bosch GmbH, Continental AG, DENSO Corporation, HELLA GmbH & Co. KGaA, and NXP Semiconductors, who have established strong market positions through continuous innovation and strategic partnerships. These companies are heavily investing in research and development to create advanced steering angle sensors technologies that integrate with emerging autonomous and electric vehicle platforms. The industry is witnessing a significant trend toward the development of more sophisticated sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving capabilities. Companies are expanding their manufacturing footprint, particularly in emerging markets like China and India, to capitalize on growing automotive production and the increasing adoption of electronic power steering systems. Strategic collaborations between sensor manufacturers and automotive OEMs are becoming increasingly common to co-develop customized solutions and ensure long-term supply relationships.
Consolidated Market with Strong Regional Players
The automotive steering sensor market exhibits a relatively consolidated structure, dominated by large multinational corporations with diverse product portfolios spanning multiple automotive components and systems. These major players leverage their extensive research capabilities, established relationships with automotive manufacturers, and global distribution networks to maintain their market positions. The market also features specialized sensor manufacturers who focus on developing innovative solutions for specific applications within the steering system components segment, though their market share remains relatively smaller compared to the industry giants.
The industry has witnessed significant merger and acquisition activity, particularly aimed at expanding technological capabilities and geographic reach. Companies are increasingly acquiring or merging with technology firms to strengthen their position in emerging areas like electric power steering systems and autonomous driving technologies. Regional players, especially in the Asia Pacific, are gaining prominence through strategic partnerships with global players and investments in local manufacturing capabilities, helping them serve domestic markets more effectively while gradually expanding their international presence.
Innovation and Integration Drive Future Success
Success in the automotive sensors market increasingly depends on companies' ability to develop integrated solutions that combine multiple sensing technologies while ensuring reliability and cost-effectiveness. Manufacturers must focus on developing sensors that can seamlessly integrate with various vehicle platforms and support both current and future steering system architectures. The ability to provide comprehensive solutions that address emerging requirements for autonomous driving, electric vehicles, and enhanced safety features will be crucial for maintaining a competitive advantage. Companies must also invest in building strong relationships with automotive OEMs and tier-1 suppliers while maintaining flexibility to adapt to rapidly evolving technological standards.
Market players need to carefully balance their investment in new technology development with cost considerations, as pricing pressure from automotive manufacturers remains significant. The increasing concentration of automotive manufacturers and their growing bargaining power necessitates strategic approaches to maintain profit margins while meeting demanding technical specifications. Regulatory requirements related to vehicle safety and environmental standards are becoming more stringent, requiring companies to ensure their sensor solutions comply with evolving global standards while maintaining cost competitiveness. Success will also depend on companies' ability to establish efficient supply chains and maintain production flexibility to address potential disruptions and changing market demands.
Automotive Steering Sensor Market Leaders
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Robert Bosch GmbH
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DENSO Corporation
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HELLA GmbH & Co. KgaA
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AISIN CORPORATION
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NXP Semiconductors N.V.
- *Disclaimer: Major Players sorted in no particular order

Automotive Steering Sensor Market News
- October 2022: Hitachi Astemo Co. Ltd developed a prototype of a steering device in a steer-by-wire system that eliminates the conventional steering wheel.
- July 2022: TDK Corporation developed a TAS4240 small analog angle sensor with tunnel-magnetoresistance (TMR) for automobiles and industrial equipment. For automotive applications, the TAS4240 is expected to be used as a sensor that detects the angle and position of brushless DC motors and permanent-magnet motors used in power steering systems, brake boosters, and other applications.
- January 2022: Tokai Rika Co. Ltd (Tokai Rika) announced the development of a "steer-by-wire control unit" that is compatible with steer-by-wire systems that send steering commands to tires through electric signals.
- December 2021: Denso Corporation announced the supply of Yaw Rate Sensors to Lexus Flagship models for 2022. The sensor will be equipped in Lexus models like Lexus LC500, Lexus LC500H, Lexus RC300, and Lexus RC300H.
- August 2021: ZF Friedrichshafen AG demonstrated a multifunctional driver assistance system that integrates adaptive cruise control (ACC), lane change assist, and ESP capability. With its sophisticated 360-degree environmental sensing system using short-range radar sensors on the four corners of the vehicle, it allows for safe, semi-autonomous overtaking maneuvers.
Automotive Steering Sensor Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
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5.1 Sensor Type
- 5.1.1 Health Monitoring Systems
- 5.1.2 Torque Sensors
- 5.1.3 Intelligent Multi-functional Sensor Systems
- 5.1.4 Position Sensors/Angle Sensors
- 5.1.5 Other Sensor Types
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5.2 Vehicle Type
- 5.2.1 Passenger Cars
- 5.2.2 Light Commercial Vehicles
- 5.2.3 Heavy Commercial Vehicles
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5.3 Technology
- 5.3.1 Contacting
- 5.3.2 Magnetic
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.1.4 Rest of North America
- 5.4.2 Europe
- 5.4.2.1 Germany
- 5.4.2.2 United Kingdom
- 5.4.2.3 France
- 5.4.2.4 Russia
- 5.4.2.5 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 India
- 5.4.3.2 China
- 5.4.3.3 Japan
- 5.4.3.4 South Korea
- 5.4.3.5 Rest of Asia-Pacific
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle East and Africa
- 5.4.5.1 United Arab Emirates
- 5.4.5.2 Saudi Arabia
- 5.4.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Vendor Market Share
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6.2 Company Profiles*
- 6.2.1 Robert Bosch GmbH
- 6.2.2 DENSO Corporation
- 6.2.3 HELLA GmbH & Co. KgaA
- 6.2.4 Methode Electronics Inc.
- 6.2.5 Continental AG
- 6.2.6 Honeywell Inc.
- 6.2.7 Infineon Technology
- 6.2.8 NXP Semiconductors N.V.
- 6.2.9 Sensata Technologies
- 6.2.10 Hitachi Metals
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Automotive Steering Sensor Industry Segmentation
Steering sensors are designed for monitoring and operation of the steering system and driver monitoring purposes. These steering sensors are located in the steering column and help to send crucial data regarding drivers' drowsiness, wheel angle, and wheel positioning to the computer onboard the car.
The Automotive Steering Sensors Market is segmented by Sensor Type (Health Monitoring Systems, Torque Sensors, Intelligent Multi-functional Sensor Systems, Position Sensors/Angle Sensors, and Other Sensor Types), Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), Technology (Contacting and Magnetic), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Sensor Type | Health Monitoring Systems | ||
Torque Sensors | |||
Intelligent Multi-functional Sensor Systems | |||
Position Sensors/Angle Sensors | |||
Other Sensor Types | |||
Vehicle Type | Passenger Cars | ||
Light Commercial Vehicles | |||
Heavy Commercial Vehicles | |||
Technology | Contacting | ||
Magnetic | |||
Geography | North America | United States | |
Canada | |||
Mexico | |||
Rest of North America | |||
Europe | Germany | ||
United Kingdom | |||
France | |||
Russia | |||
Rest of Europe | |||
Asia-Pacific | India | ||
China | |||
Japan | |||
South Korea | |||
Rest of Asia-Pacific | |||
South America | Brazil | ||
Argentina | |||
Rest of South America | |||
Middle East and Africa | United Arab Emirates | ||
Saudi Arabia | |||
Rest of Middle East and Africa |
Automotive Steering Sensor Market Research FAQs
What is the current Automotive Steering Sensors Market size?
The Automotive Steering Sensors Market is projected to register a CAGR of 5.87% during the forecast period (2025-2030)
Who are the key players in Automotive Steering Sensors Market?
Robert Bosch GmbH, DENSO Corporation, HELLA GmbH & Co. KgaA, AISIN CORPORATION and NXP Semiconductors N.V. are the major companies operating in the Automotive Steering Sensors Market.
Which is the fastest growing region in Automotive Steering Sensors Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Automotive Steering Sensors Market?
In 2025, the Asia-Pacific accounts for the largest market share in Automotive Steering Sensors Market.
What years does this Automotive Steering Sensors Market cover?
The report covers the Automotive Steering Sensors Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Automotive Steering Sensors Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Automotive Steering Sensors Market Research
Mordor Intelligence brings extensive expertise in analyzing the automotive sensors market. We focus particularly on steering angle sensors and critical steering system components. Our comprehensive research methodology delivers an in-depth analysis of various technologies. These include power steering sensors and advanced steering wheel sensors, all available in an easy-to-download report PDF. The analysis covers the complete spectrum of automotive sensors, from traditional car steering sensor technologies to cutting-edge developments in the field.
The report provides stakeholders with detailed insights into EPS sensors (Electric Power Steering) and electric power steering sensors applications across global markets. Our analysis helps manufacturers, suppliers, and investors understand technical specifications, regulatory requirements, and emerging opportunities. The report PDF download includes detailed market forecasts, competitive landscape analysis, and strategic recommendations. These enable informed decision-making for industry participants looking to optimize their market positioning and technological capabilities.