Product Code: ETC13292483 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Steering Sensors Market was valued at USD 2.5 Billion in 2024 and is expected to reach USD 4.8 Billion by 2031, growing at a compound annual growth rate of 12.23% during the forecast period (2025-2031).
The Global Automotive Steering Sensors Market is witnessing significant growth due to the increasing demand for advanced driver assistance systems (ADAS) and autonomous vehicles. Steering sensors play a crucial role in enhancing vehicle safety and control by providing real-time data on steering wheel angle, speed, and torque. The market is driven by technological advancements in sensor technologies, such as optical sensors, magnetic sensors, and torque sensors, which improve steering precision and responsiveness. Additionally, stringent safety regulations and the growing awareness of vehicle safety among consumers are propelling the adoption of steering sensors in the automotive industry. Key players in the market are focusing on research and development activities to introduce innovative sensor solutions that meet the evolving needs of the automotive sector.
The Global Automotive Steering Sensors Market is experiencing growth driven by the increasing demand for advanced driver assistance systems (ADAS) in vehicles to enhance safety and improve driving experience. Key trends include the integration of steering sensors with other sensors for comprehensive data collection and analysis, as well as the development of sensors with higher accuracy and reliability. Opportunities in the market lie in the rising adoption of electric vehicles and autonomous driving technologies, which require sophisticated steering sensors for precise control and navigation. Additionally, the growing focus on vehicle electrification and connectivity is expected to further drive the demand for steering sensors in the automotive industry. Manufacturers are focusing on innovation and strategic partnerships to capitalize on these trends and opportunities in the market.
In the Global Automotive Steering Sensors Market, some key challenges faced include the increasing complexity of vehicle steering systems due to advancements in autonomous driving technology, which requires more sophisticated and accurate sensors. Additionally, cost pressures on automotive manufacturers to produce vehicles at competitive prices while incorporating advanced sensor technologies pose a challenge. Ensuring the reliability and durability of steering sensors in various environmental conditions and driving scenarios is also a concern. Furthermore, the need for standardization and compatibility of steering sensors with different vehicle models and brands presents a hurdle for market growth. Overall, addressing these challenges requires continuous innovation, investment in research and development, and collaboration among stakeholders in the automotive industry to meet the evolving demands of modern vehicles and consumer preferences.
The Global Automotive Steering Sensors Market is primarily driven by the increasing demand for advanced driver assistance systems (ADAS) in vehicles to enhance safety and driving experience. Steering sensors play a crucial role in enabling features such as lane departure warning, adaptive cruise control, and autonomous emergency braking. Additionally, regulatory mandates for vehicle safety and emission control are also driving the adoption of steering sensors in automobiles. The growing trend towards electric and autonomous vehicles further fuels the demand for steering sensors to support the development of self-driving technologies. Moreover, technological advancements in sensor capabilities, such as improved accuracy and reliability, are contributing to the market growth by offering enhanced performance and functionality in modern vehicles.
Government policies related to the Global Automotive Steering Sensors Market primarily focus on safety regulations and emissions standards. Many countries have implemented regulations requiring the use of steering sensors to enhance vehicle stability and control systems, ultimately improving road safety. Additionally, there is a growing emphasis on reducing vehicle emissions to combat climate change, leading to the development of stricter emission standards that impact the design and implementation of steering sensors in automobiles. Governments are also encouraging the adoption of advanced driver assistance systems (ADAS) through incentives and mandates, which further drive the demand for steering sensors in the automotive industry. Overall, government policies play a crucial role in shaping the growth and innovation within the Global Automotive Steering Sensors Market.
The Global Automotive Steering Sensors Market is expected to witness significant growth in the coming years due to the increasing emphasis on vehicle safety and the rising demand for advanced driver assistance systems (ADAS). The integration of steering sensors in modern vehicles to enhance steering performance, improve vehicle stability, and enable autonomous driving capabilities is driving market growth. Additionally, the growing production and sales of electric vehicles (EVs) and the implementation of stringent government regulations regarding vehicle safety standards are further propelling the market expansion. Technological advancements such as the development of steer-by-wire systems and sensor fusion technologies are anticipated to provide lucrative opportunities for market players. Overall, the Global Automotive Steering Sensors Market is poised for steady growth driven by technological innovations and the increasing focus on vehicle safety features.
In the Global Automotive Steering Sensors Market, Asia is anticipated to witness significant growth due to the increasing automotive production and technological advancements in countries like China, Japan, and India. North America is expected to show steady growth driven by the presence of key automotive manufacturers and the rising demand for advanced safety features. Europe is likely to experience growth attributed to the adoption of electric vehicles and stringent safety regulations. The Middle East and Africa region is projected to exhibit moderate growth due to the expanding automotive market and infrastructure development. Latin America is predicted to have a slow growth rate due to economic challenges, although improving automotive sales and investments in the region may drive market growth in the long term.
Global Automotive Steering Sensors 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 Sensors Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Steering Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Steering Sensors Market - Industry Life Cycle |
3.4 Global Automotive Steering Sensors Market - Porter's Five Forces |
3.5 Global Automotive Steering Sensors Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Steering Sensors Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.7 Global Automotive Steering Sensors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Automotive Steering Sensors Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.9 Global Automotive Steering Sensors Market Revenues & Volume Share, By Level of Autonomy, 2021 & 2031F |
4 Global Automotive Steering Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Steering Sensors Market Trends |
6 Global Automotive Steering Sensors Market, 2021 - 2031 |
6.1 Global Automotive Steering Sensors Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Steering Sensors Market, Revenues & Volume, By Hall Effect Sensors, 2021 - 2031 |
6.1.3 Global Automotive Steering Sensors Market, Revenues & Volume, By Magnetoresistive Sensors, 2021 - 2031 |
6.1.4 Global Automotive Steering Sensors Market, Revenues & Volume, By Optical Sensors, 2021 - 2031 |
6.1.5 Global Automotive Steering Sensors Market, Revenues & Volume, By Ultrasonic Sensors, 2021 - 2031 |
6.1.6 Global Automotive Steering Sensors Market, Revenues & Volume, By Capacitive Sensors, 2021 - 2031 |
6.2 Global Automotive Steering Sensors Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Steering Sensors Market, Revenues & Volume, By Steering Angle Sensors, 2021 - 2031 |
6.2.3 Global Automotive Steering Sensors Market, Revenues & Volume, By Steering Torque Sensors, 2021 - 2031 |
6.2.4 Global Automotive Steering Sensors Market, Revenues & Volume, By Steering Velocity Sensors, 2021 - 2031 |
6.2.5 Global Automotive Steering Sensors Market, Revenues & Volume, By Steering Position Sensors, 2021 - 2031 |
6.3 Global Automotive Steering Sensors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive Steering Sensors Market, Revenues & Volume, By Passenger Cars, 2021 - 2031 |
6.3.3 Global Automotive Steering Sensors Market, Revenues & Volume, By Commercial Vehicles, 2021 - 2031 |
6.3.4 Global Automotive Steering Sensors Market, Revenues & Volume, By Off-Highway Vehicles, 2021 - 2031 |
6.3.5 Global Automotive Steering Sensors Market, Revenues & Volume, By Two-Wheelers, 2021 - 2031 |
6.4 Global Automotive Steering Sensors Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Automotive Steering Sensors Market, Revenues & Volume, By Level 1, 2021 - 2031 |
6.4.3 Global Automotive Steering Sensors Market, Revenues & Volume, By Level 2, 2021 - 2031 |
6.4.4 Global Automotive Steering Sensors Market, Revenues & Volume, By Level 3, 2021 - 2031 |
6.4.5 Global Automotive Steering Sensors Market, Revenues & Volume, By Level 4, 2021 - 2031 |
6.4.6 Global Automotive Steering Sensors Market, Revenues & Volume, By Level 5, 2021 - 2031 |
7 North America Automotive Steering Sensors Market, Overview & Analysis |
7.1 North America Automotive Steering Sensors Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Steering Sensors Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Steering Sensors Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
7.4 North America Automotive Steering Sensors Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Automotive Steering Sensors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.6 North America Automotive Steering Sensors Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
8 Latin America (LATAM) Automotive Steering Sensors Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Steering Sensors Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Steering Sensors Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Steering Sensors Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Steering Sensors Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive Steering Sensors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8.6 Latin America (LATAM) Automotive Steering Sensors Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
9 Asia Automotive Steering Sensors Market, Overview & Analysis |
9.1 Asia Automotive Steering Sensors Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Steering Sensors Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Steering Sensors Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
9.4 Asia Automotive Steering Sensors Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Automotive Steering Sensors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9.6 Asia Automotive Steering Sensors Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
10 Africa Automotive Steering Sensors Market, Overview & Analysis |
10.1 Africa Automotive Steering Sensors Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Steering Sensors Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Steering Sensors Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
10.4 Africa Automotive Steering Sensors Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Automotive Steering Sensors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10.6 Africa Automotive Steering Sensors Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
11 Europe Automotive Steering Sensors Market, Overview & Analysis |
11.1 Europe Automotive Steering Sensors Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Steering Sensors Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Steering Sensors Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
11.4 Europe Automotive Steering Sensors Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Automotive Steering Sensors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11.6 Europe Automotive Steering Sensors Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
12 Middle East Automotive Steering Sensors Market, Overview & Analysis |
12.1 Middle East Automotive Steering Sensors Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Steering Sensors Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Steering Sensors Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Steering Sensors Market, Revenues & Volume, By Sensor Type, 2021 - 2031 |
12.4 Middle East Automotive Steering Sensors Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Automotive Steering Sensors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12.6 Middle East Automotive Steering Sensors Market, Revenues & Volume, By Level of Autonomy, 2021 - 2031 |
13 Global Automotive Steering Sensors Market Key Performance Indicators |
14 Global Automotive Steering Sensors Market - Export/Import By Countries Assessment |
15 Global Automotive Steering Sensors Market - Opportunity Assessment |
15.1 Global Automotive Steering Sensors Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Steering Sensors Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
15.3 Global Automotive Steering Sensors Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Automotive Steering Sensors Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
15.5 Global Automotive Steering Sensors Market Opportunity Assessment, By Level of Autonomy, 2021 & 2031F |
16 Global Automotive Steering Sensors Market - Competitive Landscape |
16.1 Global Automotive Steering Sensors Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Steering Sensors Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |