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The automotive steering torque sensor market is forecasted to grow by USD 2.07 bn during 2023-2028, accelerating at a CAGR of 6.68% during the forecast period. The report on the automotive steering torque sensor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high penetration of EPS system in PVs and LCVs, increasing demand for EVs demanding automotive steering torque sensor, and rapidly increasing electronic content per vehicle.
The automotive steering torque sensor market is segmented as below:
By Application
- Passenger cars
- Commercial vehicles
By Type
- Rotary torque sensors
- Reaction torque sensors
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive steering torque sensor market covers the following areas:
- Automotive steering torque sensor market sizing
- Automotive steering torque sensor market forecast
- Automotive steering torque sensor market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive steering torque sensor market: ABB Ltd., Advanced Micro Electronics Co. Ltd., AVL List GmbH, Bourns Inc., DENSO Corp., Eltek Systems, FUTEK Advanced Sensor Technology Inc., HELLA GmbH and Co. KGaA, Hitachi Ltd., Honeywell International Inc., Hottinger Bruel and Kjaer GmbH, Infineon Technologies AG, Kistler Holding AG, Methode Electronics Inc., Novanta Inc., Racelogic, Robert Bosch GmbH, SENSOTEC INSTRUMENTS S.A, TE Connectivity Ltd., and Valeo SA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advent of new and innovative torque sensors."
According to the report, one of the major drivers for this market is the high penetration of EPS system in PVs and LCVs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Advanced Micro Electronics Co. Ltd.
- AVL List GmbH
- Bourns Inc.
- DENSO Corp.
- Eltek Systems
- FUTEK Advanced Sensor Technology Inc.
- HELLA GmbH and Co. KGaA
- Hitachi Ltd.
- Honeywell International Inc.
- Hottinger Bruel and Kjaer GmbH
- Infineon Technologies AG
- Kistler Holding AG
- Methode Electronics Inc.
- Novanta Inc.
- Racelogic
- Robert Bosch GmbH
- SENSOTEC INSTRUMENTS S.A
- TE Connectivity Ltd.
- Valeo SA
