The U.S. steering sensors market is expected to gain momentum owing to the government initiatives for passenger safety and security. Steering sensors have increasingly become an integral part of automobiles, where they are readily used in the EPS and electric hydraulic power steering system. Strict legal and regulatory standards have mandated the inclusion of sensors in a vehicle, which is estimated to drive the U.S. steering sensor market to a significant extent. For instance National Highway Traffic Safety Administration (NHTSA) established Federal motor vehicle safety standard (FMVSS) has mandated the installation of certain sensors like that of tire pressure monitoring system (TPMS) in the past and would continue to do in the forecast period. In addition, rising consumer awareness for safety and environmental awareness would also favour the market growth over the forecast period. Sober Steering came up with biosensor, which is installed in the steering wheel and has the ability to detect whether the driver has been drinking. The external sensor pad detects alcohol in the gases exuding from the palm and immobilizes the vehicle, preventing major accidents.
The market is segmented on the basis of type, technology. Among the application type, Steering torque and Angle Sensors generates the highest market and among technology magnetic steering sensors would generate increased demand in the country, due to increased research and developments in the field of magnetic sensor technologies. Continental, Hella KGaA Hueck & Co, Delphi, Danforce, Active Sensors, Honeywell, Mountz Incorporated, TE Connectivity Ltd., are some of the leaders in the US steering sensor market.
This Report Offers:
Market Definition along with identification of key drivers and restraints for the market.
Market analysis with country specific assessments and competition analysis in the Steering Sensor market of the country.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market in the country.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the Macro and Micro factors that affect the automotive sensor market in the country.
1.1 Study Deliverables
1.2 Market Definition
1.3 Sizing Units
1.4 Base Currency
1.5 Review and Forecast Period Years
1.6 General Study Assumptions
1.7 New Developments in R&D/ Latest Technologies
2. RESEARCH METHODOLOGY
2.2 Analysis Methodology
2.3 Econometric Forecast Model
2.4 Research Assumptions
3. EXECUTIVE SUMMARY
4. KEY INFERENCES
5. MARKET OVERVIEW AND TECHNOLOGY TRENDS
5.1 Current Market Scenario
5.2 Applications of Steering Sensors
5.3 Investment Analysis
5.4 Porter's Five Forces Framework
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Consumers
5.4.3 Threat of New Entrants
5.4.4 Threat of Substitute Products and Services
5.4.5 Competitive Rivalry within the industry
5.5 Drivers, Restraints, Opportunities and Challenges
5.6 Technology Trends
6. USA AUTOMOTIVE STEERING SENSOR, BY TYPE
6.1 Health Monitoring Systems
6.2 Torque and Angle Sensors
6.3 Intelligent Multifunctional Sensor Systems
6.4 Position Sensors
7. USA AUTOMOTIVE STEERING SENSOR, BY TECHNOLOGY
8. COMPETITIVE LANDSCAPE
8.2 Market Share Analysis
8.3 Latest developments of Key players
9. KEY VENDOR ANALYSIS
9.1 Active Sensors
9.2 BEI Sensors
9.3 Bourns Inc
9.8 De Amertek Corporation
9.10 Hella KGaA Hueck & Co
9.12 Lord Corporation
9.13 MTS Systems Corporation
9.14 Novotechnik U.S., Inc
9.15 Sensor Developments Inc.
9.16 SSI Technologies, Inc.
9.17 Takata Corporation
9.18 TE Connectivity
10. FUTURE OUTLOOK OF THE MARKET