Product Code: ETC13292482 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Steering Angle Sensor Market was valued at USD 0.86 Billion in 2024 and is expected to reach USD 1.6 Billion by 2031, growing at a compound annual growth rate of 12.24% during the forecast period (2025-2031).
The Global Automotive Steering Angle Sensor Market is experiencing steady growth driven by the increasing demand for advanced driver assistance systems (ADAS) in vehicles to enhance safety and improve driving experience. The market is characterized by the rising production of vehicles equipped with electronic stability control (ESC) systems, requiring steering angle sensors for accurate detection of the vehicle`s steering position. Additionally, the growing trend towards autonomous vehicles and electric vehicles is further fueling the demand for steering angle sensors to enable precise steering control and facilitate automated driving functions. Key players in the market are focusing on technological advancements such as the integration of sensors with other safety systems and the development of sensor fusion algorithms to enhance overall system performance. The market is expected to continue its growth trajectory in the coming years, driven by ongoing advancements in automotive technology.
The Global Automotive Steering Angle Sensor Market is experiencing significant growth driven by the increasing demand for advanced driver assistance systems (ADAS) and autonomous vehicles. Key trends include the integration of steering angle sensors with other sensors for enhanced safety and performance, as well as the development of sensors with higher accuracy and reliability. Opportunities in the market lie in the expansion of electric and hybrid vehicle sales, which require steering angle sensors for efficient operation, as well as the growing emphasis on vehicle safety regulations globally. Additionally, the rise of connected cars and the implementation of sensor fusion technologies are expected to further propel the market growth in the coming years. Manufacturers focusing on developing innovative sensor solutions to meet the evolving automotive industry requirements are likely to thrive in this competitive market landscape.
The Global Automotive Steering Angle Sensor Market faces several challenges, including technological complexities in developing accurate and reliable sensors that can withstand harsh automotive environments. Additionally, ensuring compatibility with various vehicle models and electronic systems poses a challenge for manufacturers. The market also grapples with the need for continuous innovation to meet evolving safety and performance standards in the automotive industry. Moreover, cost pressures and the need for cost-effective solutions while maintaining high quality and precision further add to the challenges faced by companies operating in this market. Rising competition, particularly from emerging sensor technologies, also presents a challenge in maintaining market share and relevance in the rapidly evolving automotive sector.
The Global Automotive Steering Angle Sensor Market is primarily driven by the increasing demand for advanced driver assistance systems (ADAS) in vehicles, which require accurate steering angle information for functions such as lane-keeping assist and autonomous driving features. Additionally, stringent regulations mandating the installation of safety systems in vehicles to reduce accidents and improve road safety are boosting the market growth. Technological advancements in sensor technology, such as the integration of MEMS sensors and improved calibration methods, are further enhancing the accuracy and reliability of steering angle sensors, driving their adoption in the automotive sector. Moreover, the growing trend of electric and autonomous vehicles is expected to create lucrative opportunities for steering angle sensor manufacturers in the coming years.
Government policies related to the Global Automotive Steering Angle Sensor Market primarily focus on safety regulations and standards. These policies aim to ensure that vehicles are equipped with accurate and reliable steering angle sensors to enhance overall vehicle safety and stability. Regulatory bodies such as the National Highway Traffic Safety Administration (NHTSA) in the United States and the European New Car Assessment Programme (Euro NCAP) have set specific requirements for steering angle sensor performance and calibration. Additionally, governments are increasingly emphasizing the development and integration of advanced driver assistance systems (ADAS) that rely on steering angle sensor data to improve vehicle control and prevent accidents. Compliance with these regulations is crucial for automotive manufacturers to market their vehicles globally and ensure consumer safety.
The Global Automotive Steering Angle Sensor Market is poised for steady growth in the coming years, driven by increasing demand for advanced driver assistance systems (ADAS) and autonomous vehicles. The growing focus on vehicle safety and the implementation of regulations mandating the inclusion of steering angle sensors in vehicles are key factors driving market expansion. Additionally, technological advancements such as the integration of sensors with electronic stability control systems and the development of high-precision sensors are expected to further propel market growth. The market is also likely to benefit from the rising adoption of electric vehicles and the increasing integration of sensor-based technologies in modern vehicles. Overall, the Global Automotive Steering Angle Sensor Market is anticipated to witness robust growth in the foreseeable future.
In the Global Automotive Steering Angle Sensor Market, Asia Pacific holds a significant share due to the increasing automotive production in countries like China, Japan, and India. North America follows closely, driven by the presence of key automotive manufacturers and technological advancements in steering angle sensor systems. Europe is another prominent region with stringent regulations regarding vehicle safety, boosting the demand for steering angle sensors. The Middle East and Africa region is witnessing growth due to rising investments in the automotive sector and a focus on enhancing vehicle safety features. Latin America is also showing potential for market growth, supported by increasing automobile sales and the adoption of advanced technologies in vehicles. Overall, these regional insights highlight the diversified market landscape and opportunities for automotive steering angle sensor manufacturers globally.
Global Automotive Steering Angle Sensor Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive Steering Angle Sensor Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Steering Angle Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Steering Angle Sensor Market - Industry Life Cycle |
3.4 Global Automotive Steering Angle Sensor Market - Porter's Five Forces |
3.5 Global Automotive Steering Angle Sensor Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Steering Angle Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Global Automotive Steering Angle Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Global Automotive Steering Angle Sensor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Global Automotive Steering Angle Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Steering Angle Sensor Market Trends |
6 Global Automotive Steering Angle Sensor Market, 2021 - 2031 |
6.1 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Technology, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Electric Power Steering, 2021 - 2031 |
6.1.3 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Electro-hydraulic Power Steering, 2021 - 2031 |
6.2 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Digital sensor, 2021 - 2031 |
6.2.3 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Analogue sensor, 2021 - 2031 |
6.3 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Passenger vehicle, 2021 - 2031 |
6.3.3 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Commercial vehicle, 2021 - 2031 |
6.3.4 Global Automotive Steering Angle Sensor Market, Revenues & Volume, By Electric vehicle, 2021 - 2031 |
7 North America Automotive Steering Angle Sensor Market, Overview & Analysis |
7.1 North America Automotive Steering Angle Sensor Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Steering Angle Sensor Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Steering Angle Sensor Market, Revenues & Volume, By Technology, 2021 - 2031 |
7.4 North America Automotive Steering Angle Sensor Market, Revenues & Volume, By Type, 2021 - 2031 |
7.5 North America Automotive Steering Angle Sensor Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8 Latin America (LATAM) Automotive Steering Angle Sensor Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Steering Angle Sensor Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Steering Angle Sensor Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Steering Angle Sensor Market, Revenues & Volume, By Technology, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Steering Angle Sensor Market, Revenues & Volume, By Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive Steering Angle Sensor Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9 Asia Automotive Steering Angle Sensor Market, Overview & Analysis |
9.1 Asia Automotive Steering Angle Sensor Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Steering Angle Sensor Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Steering Angle Sensor Market, Revenues & Volume, By Technology, 2021 - 2031 |
9.4 Asia Automotive Steering Angle Sensor Market, Revenues & Volume, By Type, 2021 - 2031 |
9.5 Asia Automotive Steering Angle Sensor Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10 Africa Automotive Steering Angle Sensor Market, Overview & Analysis |
10.1 Africa Automotive Steering Angle Sensor Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Steering Angle Sensor Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Steering Angle Sensor Market, Revenues & Volume, By Technology, 2021 - 2031 |
10.4 Africa Automotive Steering Angle Sensor Market, Revenues & Volume, By Type, 2021 - 2031 |
10.5 Africa Automotive Steering Angle Sensor Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11 Europe Automotive Steering Angle Sensor Market, Overview & Analysis |
11.1 Europe Automotive Steering Angle Sensor Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Steering Angle Sensor Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Steering Angle Sensor Market, Revenues & Volume, By Technology, 2021 - 2031 |
11.4 Europe Automotive Steering Angle Sensor Market, Revenues & Volume, By Type, 2021 - 2031 |
11.5 Europe Automotive Steering Angle Sensor Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12 Middle East Automotive Steering Angle Sensor Market, Overview & Analysis |
12.1 Middle East Automotive Steering Angle Sensor Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Steering Angle Sensor Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Steering Angle Sensor Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Steering Angle Sensor Market, Revenues & Volume, By Technology, 2021 - 2031 |
12.4 Middle East Automotive Steering Angle Sensor Market, Revenues & Volume, By Type, 2021 - 2031 |
12.5 Middle East Automotive Steering Angle Sensor Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
13 Global Automotive Steering Angle Sensor Market Key Performance Indicators |
14 Global Automotive Steering Angle Sensor Market - Export/Import By Countries Assessment |
15 Global Automotive Steering Angle Sensor Market - Opportunity Assessment |
15.1 Global Automotive Steering Angle Sensor Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Steering Angle Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
15.3 Global Automotive Steering Angle Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
15.4 Global Automotive Steering Angle Sensor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
16 Global Automotive Steering Angle Sensor Market - Competitive Landscape |
16.1 Global Automotive Steering Angle Sensor Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Steering Angle Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |