Automotive Steering Torque & Angle Sensor Market
Automotive Steering Torque & Angle Sensor Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Automotive Steering Torque & Angle Sensor Market Size and Growth
The Automotive Steering Torque and Angle Sensor market is poised for significant growth due to increasing vehicle safety standards and technological advancements. The market size is projected to reach approximately $2.5 billion by 2026, driven by rising demand for advanced driver-assistance systems and enhanced steering performance across various vehicle segments.
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Companies Covered
(Covid 19 Impact Covered)
◍ Robert Bosch
◍ Denso
◍ Honeywell
◍ Valeo
◍ TE Connectivity
◍ Kistler Instruments
◍ Bourns
◍ Methode Electronics
◍ Crane Electronics
◍ Eltek Systems
◍ FUTEK
The Automotive Steering Torque & Angle Sensor Market is competitive, with key players like Robert Bosch, Denso, and Honeywell driving innovation. These companies develop advanced sensors enhancing vehicle safety and performance. Their technological advancements and partnerships expand the market, contributing to growth through improved vehicle dynamics and integration with autonomous systems.
- Robert Bosch: €88.6 billion (2022 sales)
- Denso: ¥5.5 trillion ($50 billion)
- Honeywell: $35 billion (2022 sales)
- Valeo: €18.1 billion (2022 sales)
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Market Segmentation
By Application
Passenger Cars
Commercial Vehicles
By Product
◍ Steering Mount Sensor
Steering Base Mount Sensor ◍ Steering Column Mount Sensor
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Market Growth
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$ X Billion USD
