| Product Code: ETC11346702 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s automotive steering angle sensor import shipments in 2024 saw significant contributions from top exporting countries including China, Germany, South Korea, Thailand, and Japan. With a low Herfindahl-Hirschman Index (HHI) indicating a competitive market landscape, the industry experienced a promising compound annual growth rate (CAGR) of 15.13% from 2020 to 2024. The growth momentum continued with a respectable growth rate of 2.67% from 2023 to 2024, reflecting a steady expansion in the market for steering angle sensors in the automotive sector.

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 India Automotive Steering Angle Sensor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Steering Angle Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Steering Angle Sensor Market - Industry Life Cycle |
3.4 India Automotive Steering Angle Sensor Market - Porter's Five Forces |
3.5 India Automotive Steering Angle Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 India Automotive Steering Angle Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Automotive Steering Angle Sensor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Automotive Steering Angle Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing automotive production and sales in India |
4.2.2 Demand for advanced driver assistance systems (ADAS) in vehicles |
4.2.3 Stringent government regulations mandating the use of safety features in vehicles |
4.3 Market Restraints |
4.3.1 High initial investment required for integrating steering angle sensors in vehicles |
4.3.2 Lack of skilled technicians for installation and maintenance of sensor systems |
4.3.3 Cyclical nature of the automotive industry leading to fluctuations in demand |
5 India Automotive Steering Angle Sensor Market Trends |
6 India Automotive Steering Angle Sensor Market, By Types |
6.1 India Automotive Steering Angle Sensor Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Steering Angle Sensor Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 India Automotive Steering Angle Sensor Market Revenues & Volume, By Electric Power Steering, 2021 - 2031F |
6.1.4 India Automotive Steering Angle Sensor Market Revenues & Volume, By Electro-hydraulic Power Steering, 2021 - 2031F |
6.2 India Automotive Steering Angle Sensor Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Steering Angle Sensor Market Revenues & Volume, By Digital sensor, 2021 - 2031F |
6.2.3 India Automotive Steering Angle Sensor Market Revenues & Volume, By Analogue sensor, 2021 - 2031F |
6.3 India Automotive Steering Angle Sensor Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Steering Angle Sensor Market Revenues & Volume, By Passenger vehicle, 2021 - 2031F |
6.3.3 India Automotive Steering Angle Sensor Market Revenues & Volume, By Commercial vehicle, 2021 - 2031F |
6.3.4 India Automotive Steering Angle Sensor Market Revenues & Volume, By Electric vehicle, 2021 - 2031F |
7 India Automotive Steering Angle Sensor Market Import-Export Trade Statistics |
7.1 India Automotive Steering Angle Sensor Market Export to Major Countries |
7.2 India Automotive Steering Angle Sensor Market Imports from Major Countries |
8 India Automotive Steering Angle Sensor Market Key Performance Indicators |
8.1 Adoption rate of ADAS technology in vehicles |
8.2 Rate of technological advancements in steering angle sensor technology |
8.3 Number of vehicle recalls related to steering angle sensor malfunctions |
9 India Automotive Steering Angle Sensor Market - Opportunity Assessment |
9.1 India Automotive Steering Angle Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 India Automotive Steering Angle Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Automotive Steering Angle Sensor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive Steering Angle Sensor Market - Competitive Landscape |
10.1 India Automotive Steering Angle Sensor Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Steering Angle Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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