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Global Automotive Steering Sensors Market

Global Automotive Steering Sensors Market, valued at USD 21.5 billion, is growing due to rising ADAS integration, electric vehicles, and safety regulations like EU 2019/2144.

Region:Global

Author(s):Rebecca

Product Code:KRAA2148

Pages:95

Published On:August 2025

About the Report

Base Year 2024

Global Automotive Steering Sensors Market Overview

  • The Global Automotive Steering Sensors Market is valued at USD 21.5 billion, based on a five-year historical analysis. This growth is primarily driven by the increasing demand for advanced driver assistance systems (ADAS), the rapid adoption of electric and autonomous vehicles, and the integration of steer-by-wire and electric power steering technologies, which require sophisticated steering sensors for enhanced safety, precision, and performance .
  • Key players in this market are concentrated in regions such as North America, Europe, and Asia Pacific. Countries like Germany, the United States, China, and Japan dominate due to their robust automotive manufacturing base, continuous technological advancements, and significant investments in research and development, fostering innovation in steering sensor technologies .
  • In 2023, the European Union implemented Regulation (EU) 2019/2144, issued by the European Parliament and of the Council, which mandates the integration of advanced safety features—including steering sensors—in new vehicles. This regulation requires the installation of intelligent speed assistance, lane-keeping systems, and other sensor-driven technologies to enhance road safety and reduce accidents, thereby driving demand for innovative steering sensor solutions across the automotive industry .
Global Automotive Steering Sensors Market Size

Global Automotive Steering Sensors Market Segmentation

By Type:The market is segmented into various types of sensors, each serving specific functions in automotive steering systems. The primary types include Torque Sensors, Position Sensors, Angle Sensors, Steering Velocity Sensors, Hall Effect Sensors, Magnetoresistive Sensors, Optical Sensors, Ultrasonic Sensors, and Capacitive Sensors. Among these, Torque Sensors are gaining traction due to their critical role in providing feedback for steering control, which is essential for both traditional and electric vehicles. The adoption of Hall Effect and Magnetoresistive Sensors is also rising, driven by their reliability and precision in harsh automotive environments .

Global Automotive Steering Sensors Market segmentation by Type.

By Application:The applications of steering sensors are diverse, including Steering Angle Measurement, Steering Torque Measurement, Steering Position Detection, and Advanced Driver Assistance Systems (ADAS). The ADAS segment is particularly prominent, driven by the increasing focus on vehicle safety, regulatory mandates, and the integration of automated driving features, which require precise steering control and real-time feedback .

Global Automotive Steering Sensors Market segmentation by Application.

Global Automotive Steering Sensors Market Competitive Landscape

The Global Automotive Steering Sensors Market is characterized by a dynamic mix of regional and international players. Leading participants such as Robert Bosch GmbH, Continental AG, DENSO Corporation, ZF Friedrichshafen AG, Honeywell International Inc., NXP Semiconductors N.V., Infineon Technologies AG, TE Connectivity Ltd., Analog Devices, Inc., STMicroelectronics N.V., Valeo SA, Mitsubishi Electric Corporation, Aisin Corporation, Nexteer Automotive Corporation, JTEKT Corporation, NSK Ltd., Mando Corporation, Hyundai Mobis Co., Ltd., Thyssenkrupp Presta AG, Texas Instruments Incorporated contribute to innovation, geographic expansion, and service delivery in this space.

Robert Bosch GmbH

1886

Gerlingen, Germany

Continental AG

1871

Hanover, Germany

DENSO Corporation

1949

Kariya, Japan

ZF Friedrichshafen AG

1915

Friedrichshafen, Germany

Honeywell International Inc.

1906

Charlotte, North Carolina, USA

Company

Establishment Year

Headquarters

Group Size (Large, Medium, or Small as per industry convention)

Revenue from Automotive Steering Sensors

Revenue Growth Rate (CAGR, 3-5 years)

Market Share in Steering Sensors Segment

R&D Expenditure as % of Revenue

Number of Patents/Innovations in Steering Sensors

Global Automotive Steering Sensors Market Industry Analysis

Growth Drivers

  • Increasing Demand for Advanced Driver Assistance Systems (ADAS):The global automotive ADAS market is projected to reach $83.4 billion in future, driven by a growing emphasis on safety features. With over 1.4 billion vehicles on the road, the integration of steering sensors is crucial for enhancing functionalities like lane-keeping assistance and adaptive cruise control. This demand is further supported by the anticipated increase in regulatory requirements for safety, pushing manufacturers to adopt advanced steering technologies.
  • Rising Vehicle Production and Sales:In future, global vehicle production is expected to exceed 90 million units, reflecting a robust recovery post-pandemic. This surge in production directly correlates with the demand for steering sensors, as manufacturers seek to equip new models with advanced technologies. The Asia-Pacific region, accounting for over 50% of global vehicle sales, is particularly influential, driving the need for innovative steering solutions to meet consumer expectations for performance and safety.
  • Technological Advancements in Sensor Technology:The automotive sensor market is projected to grow to $30 billion in future, fueled by innovations in sensor technology. Developments such as MEMS (Micro-Electro-Mechanical Systems) and improved signal processing capabilities enhance the performance of steering sensors. These advancements enable more precise control and feedback mechanisms, which are essential for modern vehicles, particularly in the context of electric and autonomous driving technologies.

Market Challenges

  • High Costs of Advanced Steering Sensors:The average cost of advanced steering sensors can range from $50 to $200 per unit, which poses a significant barrier for manufacturers, especially in budget segments. As vehicle manufacturers strive to maintain competitive pricing, the high costs associated with integrating advanced sensor technologies can limit their adoption. This challenge is exacerbated by the need for ongoing research and development investments to enhance sensor capabilities.
  • Complexity in Integration with Existing Vehicle Systems:Integrating advanced steering sensors into existing vehicle architectures can be a complex process, often requiring significant redesigns. This complexity can lead to increased development timelines and costs, which may deter manufacturers from adopting new technologies. Additionally, the need for compatibility with various electronic control units (ECUs) adds another layer of difficulty, complicating the integration process and potentially delaying market entry.

Global Automotive Steering Sensors Market Future Outlook

The future of the automotive steering sensors market is poised for significant transformation, driven by the rapid evolution of electric and autonomous vehicles. As manufacturers increasingly prioritize safety and performance, the integration of advanced steering technologies will become essential. Furthermore, the rise of smart cities and connected vehicles will create new opportunities for innovation, fostering collaborations among industry players to enhance sensor capabilities and drive sustainable practices in automotive design and manufacturing.

Market Opportunities

  • Expansion in Electric and Autonomous Vehicles:The electric vehicle market is projected to grow to 30 million units in future, creating substantial demand for advanced steering sensors. These vehicles require sophisticated steering technologies to enhance performance and safety, presenting a lucrative opportunity for sensor manufacturers to innovate and capture market share in this rapidly evolving segment.
  • Development of Smart Cities and Connected Vehicles:The global smart city market is expected to reach $2.57 trillion in future, driving the need for connected vehicle technologies. As cities adopt smart infrastructure, the integration of steering sensors in connected vehicles will be crucial for optimizing traffic management and enhancing safety, providing a significant opportunity for growth in sensor technology development.

Scope of the Report

SegmentSub-Segments
By Type

Torque Sensors

Position Sensors

Angle Sensors

Steering Velocity Sensors

Hall Effect Sensors

Magnetoresistive Sensors

Optical Sensors

Ultrasonic Sensors

Capacitive Sensors

By Application

Steering Angle Measurement

Steering Torque Measurement

Steering Position Detection

Advanced Driver Assistance Systems (ADAS)

By Vehicle Type

Passenger Cars

Commercial Vehicles

Off-Highway Vehicles

Electric Vehicles

Autonomous Vehicles

By End-User

OEMs (Original Equipment Manufacturers)

Aftermarket

By Level of Autonomy

Level 1 (Driver Assistance)

Level 2 (Partial Automation)

Level 3 (Conditional Automation)

Level 4 (High Automation)

Level 5 (Full Automation)

By Region

North America

Europe

Asia Pacific

South America

Middle East & Africa

Key Target Audience

Investors and Venture Capitalist Firms

Government and Regulatory Bodies (e.g., National Highway Traffic Safety Administration, European Commission)

Automotive Manufacturers

Tier 1 and Tier 2 Suppliers

Automotive Technology Developers

Automotive Aftermarket Service Providers

Industry Associations (e.g., Society of Automotive Engineers)

Insurance Companies and Risk Assessment Firms

Players Mentioned in the Report:

Robert Bosch GmbH

Continental AG

DENSO Corporation

ZF Friedrichshafen AG

Honeywell International Inc.

NXP Semiconductors N.V.

Infineon Technologies AG

TE Connectivity Ltd.

Analog Devices, Inc.

STMicroelectronics N.V.

Valeo SA

Mitsubishi Electric Corporation

Aisin Corporation

Nexteer Automotive Corporation

JTEKT Corporation

NSK Ltd.

Mando Corporation

Hyundai Mobis Co., Ltd.

Thyssenkrupp Presta AG

Texas Instruments Incorporated

Table of Contents

Market Assessment Phase

1. Executive Summary and Approach


2. Global Automotive Steering Sensors Market Overview

2.1 Key Insights and Strategic Recommendations

2.2 Global Automotive Steering Sensors Market Overview

2.3 Definition and Scope

2.4 Evolution of Market Ecosystem

2.5 Timeline of Key Regulatory Milestones

2.6 Value Chain & Stakeholder Mapping

2.7 Business Cycle Analysis

2.8 Policy & Incentive Landscape


3. Global Automotive Steering Sensors Market Analysis

3.1 Growth Drivers

3.1.1 Increasing demand for advanced driver assistance systems (ADAS)
3.1.2 Rising vehicle production and sales
3.1.3 Growing focus on vehicle safety and performance
3.1.4 Technological advancements in sensor technology

3.2 Market Challenges

3.2.1 High costs of advanced steering sensors
3.2.2 Complexity in integration with existing vehicle systems
3.2.3 Regulatory compliance and safety standards
3.2.4 Limited awareness among consumers

3.3 Market Opportunities

3.3.1 Expansion in electric and autonomous vehicles
3.3.2 Development of smart cities and connected vehicles
3.3.3 Increasing investments in automotive R&D
3.3.4 Collaborations and partnerships among industry players

3.4 Market Trends

3.4.1 Shift towards electric power steering systems
3.4.2 Integration of IoT in automotive steering systems
3.4.3 Growing demand for lightweight materials in sensor design
3.4.4 Focus on sustainability and eco-friendly technologies

3.5 Government Regulation

3.5.1 Emission standards for automotive components
3.5.2 Safety regulations for vehicle electronics
3.5.3 Incentives for electric vehicle adoption
3.5.4 Standards for autonomous vehicle technologies

4. SWOT Analysis


5. Stakeholder Analysis


6. Porter's Five Forces Analysis


7. Global Automotive Steering Sensors Market Market Size, 2019-2024

7.1 By Value

7.2 By Volume

7.3 By Average Selling Price


8. Global Automotive Steering Sensors Market Segmentation

8.1 By Type

8.1.1 Torque Sensors
8.1.2 Position Sensors
8.1.3 Angle Sensors
8.1.4 Steering Velocity Sensors
8.1.5 Hall Effect Sensors
8.1.6 Magnetoresistive Sensors
8.1.7 Optical Sensors
8.1.8 Ultrasonic Sensors
8.1.9 Capacitive Sensors

8.2 By Application

8.2.1 Steering Angle Measurement
8.2.2 Steering Torque Measurement
8.2.3 Steering Position Detection
8.2.4 Advanced Driver Assistance Systems (ADAS)

8.3 By Vehicle Type

8.3.1 Passenger Cars
8.3.2 Commercial Vehicles
8.3.3 Off-Highway Vehicles
8.3.4 Electric Vehicles
8.3.5 Autonomous Vehicles

8.4 By End-User

8.4.1 OEMs (Original Equipment Manufacturers)
8.4.2 Aftermarket

8.5 By Level of Autonomy

8.5.1 Level 1 (Driver Assistance)
8.5.2 Level 2 (Partial Automation)
8.5.3 Level 3 (Conditional Automation)
8.5.4 Level 4 (High Automation)
8.5.5 Level 5 (Full Automation)

8.6 By Region

8.6.1 North America
8.6.2 Europe
8.6.3 Asia Pacific
8.6.4 South America
8.6.5 Middle East & Africa

9. Global Automotive Steering Sensors Market Competitive Analysis

9.1 Market Share of Key Players

9.2 Cross Comparison of Key Players

9.2.1 Company Name
9.2.2 Group Size (Large, Medium, or Small as per industry convention)
9.2.3 Revenue from Automotive Steering Sensors
9.2.4 Revenue Growth Rate (CAGR, 3-5 years)
9.2.5 Market Share in Steering Sensors Segment
9.2.6 R&D Expenditure as % of Revenue
9.2.7 Number of Patents/Innovations in Steering Sensors
9.2.8 Geographic Presence (Number of Countries/Regions)
9.2.9 Key OEM Partnerships
9.2.10 Product Portfolio Breadth (Sensor Types)
9.2.11 Distribution Channel Strength
9.2.12 Customer Satisfaction/Quality Ratings

9.3 SWOT Analysis of Top Players

9.4 Pricing Analysis

9.5 Detailed Profile of Major Companies

9.5.1 Robert Bosch GmbH
9.5.2 Continental AG
9.5.3 DENSO Corporation
9.5.4 ZF Friedrichshafen AG
9.5.5 Honeywell International Inc.
9.5.6 NXP Semiconductors N.V.
9.5.7 Infineon Technologies AG
9.5.8 TE Connectivity Ltd.
9.5.9 Analog Devices, Inc.
9.5.10 STMicroelectronics N.V.
9.5.11 Valeo SA
9.5.12 Mitsubishi Electric Corporation
9.5.13 Aisin Corporation
9.5.14 Nexteer Automotive Corporation
9.5.15 JTEKT Corporation
9.5.16 NSK Ltd.
9.5.17 Mando Corporation
9.5.18 Hyundai Mobis Co., Ltd.
9.5.19 Thyssenkrupp Presta AG
9.5.20 Texas Instruments Incorporated

10. Global Automotive Steering Sensors Market End-User Analysis

10.1 Procurement Behavior of Key Ministries

10.1.1 Government vehicle procurement policies
10.1.2 Budget allocation for automotive technologies
10.1.3 Collaboration with automotive manufacturers

10.2 Corporate Spend on Infrastructure & Energy

10.2.1 Investment in smart transportation systems
10.2.2 Funding for electric vehicle infrastructure

10.3 Pain Point Analysis by End-User Category

10.3.1 Cost of advanced steering systems
10.3.2 Integration challenges with existing vehicles

10.4 User Readiness for Adoption

10.4.1 Awareness of steering sensor benefits
10.4.2 Training and support for users

10.5 Post-Deployment ROI and Use Case Expansion

10.5.1 Measurement of performance improvements
10.5.2 Expansion into new vehicle models

11. Global Automotive Steering Sensors Market Future Size, 2025-2030

11.1 By Value

11.2 By Volume

11.3 By Average Selling Price


Go-To-Market Strategy Phase

1. Whitespace Analysis + Business Model Canvas

1.1 Market gaps and opportunities

1.2 Value proposition development

1.3 Revenue model identification

1.4 Key partnerships and resources

1.5 Customer segments and relationships

1.6 Channels for delivery

1.7 Cost structure analysis


2. Marketing and Positioning Recommendations

2.1 Branding strategies

2.2 Product USPs


3. Distribution Plan

3.1 Urban retail vs rural NGO tie-ups


4. Channel & Pricing Gaps

4.1 Underserved routes

4.2 Pricing bands


5. Unmet Demand & Latent Needs

5.1 Category gaps

5.2 Consumer segments


6. Customer Relationship

6.1 Loyalty programs

6.2 After-sales service


7. Value Proposition

7.1 Sustainability

7.2 Integrated supply chains


8. Key Activities

8.1 Regulatory compliance

8.2 Branding

8.3 Distribution setup


9. Entry Strategy Evaluation

9.1 Domestic Market Entry Strategy

9.1.1 Product mix
9.1.2 Pricing band
9.1.3 Packaging

9.2 Export Entry Strategy

9.2.1 Target countries
9.2.2 Compliance roadmap

10. Entry Mode Assessment

10.1 JV

10.2 Greenfield

10.3 M&A

10.4 Distributor Model


11. Capital and Timeline Estimation

11.1 Capital requirements

11.2 Timelines


12. Control vs Risk Trade-Off

12.1 Ownership vs Partnerships


13. Profitability Outlook

13.1 Breakeven analysis

13.2 Long-term sustainability


14. Potential Partner List

14.1 Distributors

14.2 JVs

14.3 Acquisition targets


15. Execution Roadmap

15.1 Phased Plan for Market Entry

15.1.1 Market Setup
15.1.2 Market Entry
15.1.3 Growth Acceleration
15.1.4 Scale & Stabilize

15.2 Key Activities and Milestones

15.2.1 Activity timelines
15.2.2 Milestone tracking

Research Methodology

ApproachModellingSample

Phase 1: Approach1

Desk Research

  • Industry reports from automotive associations and sensor technology publications
  • Market analysis from government transportation departments and automotive regulatory bodies
  • Academic journals focusing on automotive engineering and sensor technologies

Primary Research

  • Interviews with R&D heads at leading automotive manufacturers
  • Surveys with automotive sensor suppliers and distributors
  • Field interviews with automotive engineers specializing in steering systems

Validation & Triangulation

  • Cross-validation of data from multiple industry reports and market studies
  • Triangulation of insights from primary interviews and secondary data sources
  • Sanity checks through expert panels comprising industry veterans and analysts

Phase 2: Market Size Estimation1

Top-down Assessment

  • Analysis of global automotive production statistics and steering system adoption rates
  • Segmentation by vehicle type (passenger cars, commercial vehicles, etc.) and region
  • Incorporation of trends in electric and autonomous vehicle steering technologies

Bottom-up Modeling

  • Volume estimates based on production data from major automotive manufacturers
  • Cost analysis of steering sensor components and integration into vehicles
  • Estimation of market share based on sales data from leading sensor manufacturers

Forecasting & Scenario Analysis

  • Multi-variable forecasting using trends in automotive technology and consumer preferences
  • Scenario analysis based on regulatory changes and advancements in sensor technology
  • Baseline, optimistic, and pessimistic projections through 2030

Phase 3: CATI Sample Composition1

Scope Item/SegmentSample SizeTarget Respondent Profiles
Passenger Vehicle Steering Sensors120Product Managers, Automotive Engineers
Commercial Vehicle Steering Systems90Fleet Managers, Technical Directors
Electric Vehicle Steering Technologies60R&D Specialists, Innovation Managers
Autonomous Vehicle Steering Solutions50Systems Engineers, Safety Compliance Officers
Aftermarket Steering Sensor Products40Sales Managers, Distribution Executives

Frequently Asked Questions

What is the current value of the Global Automotive Steering Sensors Market?

The Global Automotive Steering Sensors Market is valued at approximately USD 21.5 billion, reflecting a significant growth trend driven by advancements in automotive technologies and increasing demand for safety features in vehicles.

What factors are driving the growth of the Automotive Steering Sensors Market?

Which regions are leading in the Automotive Steering Sensors Market?

What are the main types of automotive steering sensors?

Other Regional/Country Reports

Indonesia Global Automotive Steering Sensors Market

Malaysia Global Automotive Steering Sensors Market

KSA Global Automotive Steering Sensors Market

APAC Global Automotive Steering Sensors Market

SEA Global Automotive Steering Sensors Market

Vietnam Global Automotive Steering Sensors Market

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