Automotive Steering Angle Sensor Market
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Automotive Steering Angle Sensor Market Size and Growth
The Automotive Steering Angle Sensor market is experiencing robust growth, driven by rising vehicle safety demands and advancements in autonomous technology. The market was valued at approximately $2 billion in 2022, with projections indicating a CAGR of around 7% through 2028, reflecting increasing adoption in electric and advanced driver assistance systems.
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Companies Covered
(Covid 19 Impact Covered)
◍ TE Connectivity
◍ Bourns
◍ AMITEQ
◍ Kyowa
◍ BWD
◍ Hella
◍ Valeo
◍ Kistler
◍ Ruili Group
◍ Bosch
◍ Danfoss
◍ Go-World
The Automotive Steering Angle Sensor Market features key players like TE Connectivity, Bosch, and Valeo, focusing on innovative sensor technologies to enhance vehicle safety and performance. By offering advanced sensor solutions, these companies drive market growth and address rising demand for precision steering systems. Sales revenue:
- Bosch: $88 billion
- Valeo: €19.5 billion
- TE Connectivity: $14.2 billion.
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Market Segmentation
By Application
Passenger Vehicle
Commercial Vehicle
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By Product
Digital Sensors
Analog Sensors
Market Growth
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$ X Billion USD
