+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Automotive Steering Torque Sensor Market Global Report 2026

  • PDF Icon

    Report

  • 250 Pages
  • December 2026
  • Region: Global
  • The Business Research Company
  • ID: 6291131
The automotive steering torque sensor market size has grown strongly in recent years. It will grow from $2.27 billion in 2025 to $2.48 billion in 2026 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to growing adoption of electric power steering systems, increasing demand for improved steering control, rising vehicle production across passenger and commercial segments, increasing focus on vehicle handling and stability, and expanding adoption of electronic steering control systems.

The automotive steering torque sensor market size is expected to see strong growth in the next few years. It will grow to $3.5 billion in 2030 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to growing demand for high-precision steering torque measurement, increasing adoption of sensor-based steering systems in electric vehicles, rising demand for compact and lightweight torque sensors, growing preference for non-contact steering torque sensing, and expanding demand for advanced steering control systems. Major trends in the forecast period include growing adoption of high-accuracy steering torque measurement, increasing demand for compact steering torque sensors, rising preference for non-contact torque sensing systems, increasing integration of torque sensors with electric power steering systems, and growing demand for reliable real-time steering torque detection.

The increasing vehicle ownership is expected to propel the growth of the automotive steering torque sensor market going forward. Vehicle ownership refers to the possession and use of motor vehicles, including passenger cars, multipurpose vehicles, pickup trucks, vans, and other road vehicles, by individuals or organizations for transportation purposes. Increasing vehicle ownership is driven by rising disposable incomes, which strengthen consumers' purchasing power and allow more individuals to afford personal vehicles. Increasing vehicle ownership drives demand for automotive steering torque sensors, as a larger vehicle fleet increases the need for electronic power steering systems that use torque sensors to measure driver steering input and deliver precise steering assistance, improved handling, and enhanced vehicle safety. For instance, in April 2026, according to the Department for Transport (DfT), a UK-based government department responsible for transport policy and infrastructure, comparing 2025 with 2024, the UK recorded 2,617,000 vehicles registered for the first time, representing an increase of less than 1%, while the number of licensed vehicles reached 42.3 million. Therefore, the increasing vehicle ownership is driving the growth of the automotive steering torque sensor market.

Key companies operating in the automotive steering torque sensor market are concentrating on developing advanced sensing solutions, such as inductive torque and angle sensors, to improve steering precision, enhance functional safety, and enable dependable contactless sensing in electric power steering systems. Inductive torque and angle sensors refer to electronic sensing devices that employ electromagnetic induction to accurately measure steering torque and angular position without physical contact, providing dependable performance in demanding automotive environments. For instance, in June 2025, Infineon Technologies AG, a Germany-based semiconductor company, launched the XENSIV TLE4802SC16-S0000 inductive sensor designed for electric power steering systems, including torque and steering angle sensors. The sensor provides high-precision torque and angle measurements, SENT/SPC digital output, stray-field robustness, AEC-Q100 Grade 0 qualification, and ISO 26262 compliance, supporting precise and reliable steering control in automotive applications.

In July 2026, Gabriel India Limited, an India-based manufacturer of automotive components, acquired a 30% minus one share stake in HL Klemove India Private Limited from HL Klemove Corporation for approximately $98.44 million and formed a joint venture with the company. Through this acquisition, Gabriel India seeks to strengthen its presence in automotive electronics and broaden its capabilities in torque and torque-angle sensor technologies for steering applications. HL Klemove India Private Limited is an India-based automotive electronics company providing torque/torque-angle sensors, including torque-only sensors and torque-and-angle sensors, for electric power steering systems.

Major companies operating in the automotive steering torque sensor market are Robert Bosch GmbH, Continental AG, DENSO Corporation, STMicroelectronics NV, ZF Friedrichshafen AG, Infineon Technologies AG, Valeo SE, TDK Corporation, JTEKT Corporation, Renesas Electronics Corporation, NSK Ltd., Nidec Corporation, TE Connectivity Ltd., Nexteer Automotive Group Limited, HL Mando Corporation, Alps Alpine Co. Ltd., Sensata Technologies Holding plc, Vishay Intertechnology Inc., ams-OSRAM AG, Allegro MicroSystems Inc., Melexis NV, Bourns Inc., CTS Corporation.

North America was the dominant region in the automotive steering torque sensor market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the automotive steering torque sensor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive steering torque sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive steering torque sensor consists of sales of steering torque sensors, steering torque sensing modules, steering sensor assemblies, steering input sensing units, integrated steering sensor systems, and electronic steering sensing components. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Automotive Steering Torque Sensor Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Automotive Steering Torque Sensor Market Attractiveness Scoring And Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation
(Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation)
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Automotive Steering Torque Sensor Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List Of Key Raw Materials, Resources & Suppliers
3.3. List Of Major Distributors and Channel Partners
3.4. List Of Major End Users
4. Global Automotive Steering Torque Sensor Market Trends And Strategies
4.1. Key Technologies & Future Trends
4.1.1 Artificial Intelligence & Autonomous Intelligence
4.1.2 Autonomous Systems, Robotics & Smart Mobility
4.1.3 Electric Mobility & Transportation Electrification
4.1.4 Industry 4.0 & Intelligent Manufacturing
4.1.5 Internet Of Things (IoT), Smart Infrastructure & Connected Ecosystems
4.2. Major Trends
4.2.1 Increasing Adoption Of High-Accuracy Steering Torque Measurement
4.2.2 Rising Demand For Compact Steering Torque Sensors
4.2.3 Growing Preference For Non-Contact Torque Sensing Systems
4.2.4 Increasing Integration Of Torque Sensors With Electric Power Steering Systems
4.2.5 Rising Demand For Reliable Real-Time Steering Torque Detection
5. Automotive Steering Torque Sensor Market Analysis Of End Use Industries
5.1 Automotive OEMs
5.2 Automotive Steering System Manufacturers
5.3 Electric Power Steering System Suppliers
5.4 Commercial Vehicle Manufacturers
5.5 Other End Users
6. Automotive Steering Torque Sensor Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market
7. Global Automotive Steering Torque Sensor Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis
7.1. Global Automotive Steering Torque Sensor PESTEL Analysis (Political, Economical, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Automotive Steering Torque Sensor Market Size, Comparisons And Growth Rate Analysis
7.3. Global Automotive Steering Torque Sensor Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Automotive Steering Torque Sensor Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Automotive Steering Torque Sensor Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Automotive Steering Torque Sensor Market Segmentation
9.1. Global Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
(Contact Torque Sensors, Non Contact Torque Sensors)
9.2. Global Automotive Steering Torque Sensor Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
(Magnetoelastic Sensors, Hall Effect Sensors, Inductive Sensors, Optical Sensors, Other Technologies)
9.3. Global Automotive Steering Torque Sensor Market, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
(Internal Combustion Engine Vehicles, Hybrid Electric Vehicles, Battery Electric Vehicles, Fuel Cell Electric Vehicles)
9.4. Global Automotive Steering Torque Sensor Market, Segmentation By Steering System, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
(Column Electric Power Steering, Pinion Electric Power Steering, Rack Electric Power Steering, Electro Hydraulic Power Steering)
9.5. Global Automotive Steering Torque Sensor Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
(Passenger Vehicle Steering, Commercial Vehicle Steering, Advanced Driver Assistance Systems, Autonomous Driving Systems)
9.6. Global Automotive Steering Torque Sensor Market, Sub-Segmentation Of Contact Torque Sensors, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
(Potentiometric Torque Sensors, Strain Gauge Torque Sensors)
9.7. Global Automotive Steering Torque Sensor Market, Sub-Segmentation Of Non Contact Torque Sensors, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
(Capacitive Torque Sensors, Eddy Current Torque Sensors, Microwave Based Torque Sensors)
10. Automotive Steering Torque Sensor Market Regional And Country Analysis
10.1. Global Automotive Steering Torque Sensor Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Automotive Steering Torque Sensor Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Automotive Steering Torque Sensor Market
11.1. Asia-Pacific Automotive Steering Torque Sensor Market Overview
(Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
11.2. Asia-Pacific Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Automotive Steering Torque Sensor Market
12.1. China Automotive Steering Torque Sensor Market Overview
(Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
12.2. China Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Automotive Steering Torque Sensor Market
13.1. India Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Automotive Steering Torque Sensor Market
14.1. Japan Automotive Steering Torque Sensor Market Overview
(Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
14.2. Japan Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Automotive Steering Torque Sensor Market
15.1. Australia Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Automotive Steering Torque Sensor Market
16.1. Indonesia Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Automotive Steering Torque Sensor Market
17.1. South Korea Automotive Steering Torque Sensor Market Overview
(Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
17.2. South Korea Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Automotive Steering Torque Sensor Market
18.1. Taiwan Automotive Steering Torque Sensor Market Overview
(Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
18.2. Taiwan Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Automotive Steering Torque Sensor Market
19.1. South East Asia Automotive Steering Torque Sensor Market Overview
(Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
19.2. South East Asia Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Automotive Steering Torque Sensor Market
20.1. Western Europe Automotive Steering Torque Sensor Market Overview
(Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
20.2. Western Europe Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Automotive Steering Torque Sensor Market
21.1. UK Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Automotive Steering Torque Sensor Market
22.1. Germany Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Automotive Steering Torque Sensor Market
23.1. France Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Automotive Steering Torque Sensor Market
24.1. Italy Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Automotive Steering Torque Sensor Market
25.1. Spain Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Automotive Steering Torque Sensor Market
26.1. Eastern Europe Automotive Steering Torque Sensor Market Overview
(Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
26.2. Eastern Europe Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Automotive Steering Torque Sensor Market
27.1. Russia Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Automotive Steering Torque Sensor Market
28.1. North America Automotive Steering Torque Sensor Market Overview
(Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
28.2. North America Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Automotive Steering Torque Sensor Market
29.1. USA Automotive Steering Torque Sensor Market Overview
(Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
29.2. USA Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Automotive Steering Torque Sensor Market
30.1. Canada Automotive Steering Torque Sensor Market Overview
(Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
30.2. Canada Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Automotive Steering Torque Sensor Market
31.1. South America Automotive Steering Torque Sensor Market Overview
(Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
31.2. South America Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Automotive Steering Torque Sensor Market
32.1. Brazil Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Automotive Steering Torque Sensor Market
33.1. Middle East Automotive Steering Torque Sensor Market Overview
(Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
33.2. Middle East Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Automotive Steering Torque Sensor Market
34.1. Africa Automotive Steering Torque Sensor Market Overview
(Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
34.2. Africa Automotive Steering Torque Sensor Market, Segmentation By Sensor Type, Segmentation By Technology, Segmentation By Propulsion Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Automotive Steering Torque Sensor Market Regulatory and Investment Landscape
36. Automotive Steering Torque Sensor Market Competitive Landscape And Company Profiles
36.1. Automotive Steering Torque Sensor Market Competitive Landscape And Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Automotive Steering Torque Sensor Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Automotive Steering Torque Sensor Market Company Profiles
36.3.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis
36.3.2. Continental AG Overview, Products and Services, Strategy and Financial Analysis
36.3.3. DENSO Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.4. STMicroelectronics NV Overview, Products and Services, Strategy and Financial Analysis
36.3.5. ZF Friedrichshafen AG Overview, Products and Services, Strategy and Financial Analysis
37. Automotive Steering Torque Sensor Market Other Major And Innovative Companies
(Infineon Technologies AG, Valeo SE, TDK Corporation, JTEKT Corporation, Renesas Electronics Corporation, NSK Ltd., Nidec Corporation, TE Connectivity Ltd., Nexteer Automotive Group Limited, HL Mando Corporation, Alps Alpine Co. Ltd., Sensata Technologies Holding plc, Vishay Intertechnology Inc., ams-OSRAM AG, Allegro MicroSystems Inc.)
38. Global Automotive Steering Torque Sensor Market Competitive Benchmarking And Dashboard39. Upcoming Startups in the Market40. Key Mergers And Acquisitions In The Automotive Steering Torque Sensor Market
41. Automotive Steering Torque Sensor Market High Potential Countries, Segments and Strategies
41.1 Automotive Steering Torque Sensor Market In 2030 - Countries Offering Most New Opportunities
41.2 Automotive Steering Torque Sensor Market In 2030 - Segments Offering Most New Opportunities
41.3 Automotive Steering Torque Sensor Market In 2030 - Growth Strategies
41.3.1 Market Trend Based Strategies
41.3.2 Competitor Strategies
42. Appendix
42.1. Abbreviations
42.2. Currencies
42.3. Historic And Forecast Inflation Rates
42.4. Research Inquiries
42.5. About the Research Firm
42.6. Copyright And Disclaimer

Executive Summary

Automotive Steering Torque Sensor Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses automotive steering torque sensor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for automotive steering torque sensor? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The automotive steering torque sensor market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

Markets Covered:

1) By Sensor Type: Contact Torque Sensors; Non Contact Torque Sensors
2) By Technology: Magnetoelastic Sensors; Hall Effect Sensors; Inductive Sensors; Optical Sensors; Other Technologies
3) By Propulsion Type: Internal Combustion Engine Vehicles; Hybrid Electric Vehicles; Battery Electric Vehicles; Fuel Cell Electric Vehicles
4) By Steering System: Column Electric Power Steering; Pinion Electric Power Steering; Rack Electric Power Steering; Electro Hydraulic Power Steering
5) By Application: Passenger Vehicle Steering; Commercial Vehicle Steering; Advanced Driver Assistance Systems; Autonomous Driving Systems

Subsegments:

1) By Contact Torque Sensors: Potentiometric Torque Sensors; Strain Gauge Torque Sensors
2) By Non Contact Torque Sensors: Capacitive Torque Sensors; Eddy Current Torque Sensors; Microwave Based Torque Sensors

Companies Mentioned: Robert Bosch GmbH; Continental AG; DENSO Corporation; STMicroelectronics NV; ZF Friedrichshafen AG; Infineon Technologies AG; Valeo SE; TDK Corporation; JTEKT Corporation; Renesas Electronics Corporation; NSK Ltd.; Nidec Corporation; TE Connectivity Ltd.; Nexteer Automotive Group Limited; HL Mando Corporation; Alps Alpine Co. Ltd.; Sensata Technologies Holding plc; Vishay Intertechnology Inc.; ams-OSRAM AG; Allegro MicroSystems Inc.; Melexis NV; Bourns Inc.; CTS Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentations: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: Word, PDF or Interactive Report + Excel Dashboard

Added Benefits

  • Bi-Annual Data Update
  • Customisation
  • Expert Consultant Support

Companies Mentioned

  • Robert Bosch GmbH
  • Continental AG
  • DENSO Corporation
  • STMicroelectronics NV
  • ZF Friedrichshafen AG
  • Infineon Technologies AG
  • Valeo SE
  • TDK Corporation
  • JTEKT Corporation
  • Renesas Electronics Corporation
  • NSK Ltd.
  • Nidec Corporation
  • TE Connectivity Ltd.
  • Nexteer Automotive Group Limited
  • HL Mando Corporation
  • Alps Alpine Co. Ltd.
  • Sensata Technologies Holding plc
  • Vishay Intertechnology Inc.
  • ams-OSRAM AG
  • Allegro MicroSystems Inc.
  • Melexis NV
  • Bourns Inc.
  • CTS Corporation