India Electric Power Steering Sensor Market (2025-2031) | Competition, Size, Companies, Strategic Insights, Challenges, Trends, Consumer Insights, Investment Trends, Restraints, Demand, Industry, Drivers, Supply, Value, Pricing Analysis, Outlook, Share, Opportunities, Growth, Revenue, Segmentation, Analysis, Strategy, Competitive, Segments, Forecast
Market Forecast By Sensor Type (Torque Sensor, Angle Sensor, Position Sensor, Speed Sensor), By Vehicle Type (Passenger Cars, SUVs, Commercial Vehicles, EVs), By Application (Assisted Steering, Adaptive Steering, Driver Assistance, Autonomous Driving), By Features (High Sensitivity, Wireless Communication, High Accuracy, Real-Time Adjustment), By Technology (AI-Driven Response, IoT Connectivity, Fail-Safe Mode, Self-Learning System) And Competitive Landscape
| Product Code: ETC11838030 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
India Electric Power Steering Sensor Market Top 5 Importing Countries and Market Competition (HHI) Analysis
India`s electric power steering sensor import market saw significant growth in 2024, with top exporters being China, Germany, South Korea, Thailand, and Japan. The market remained competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 15.13%, with a steady growth rate of 2.67% from 2023 to 2024. This data suggests a thriving market for electric power steering sensors in India, driven by imports from key global players.
Key Highlights of the Report:
- India Electric Power Steering Sensor Market Outlook
- Market Size of India Electric Power Steering Sensor Market,2024
- Forecast of India Electric Power Steering Sensor Market, 2031
- Historical Data and Forecast of India Electric Power Steering Sensor Revenues & Volume for the Period 2021-2031
- India Electric Power Steering Sensor Market Trend Evolution
- India Electric Power Steering Sensor Market Drivers and Challenges
- India Electric Power Steering Sensor Price Trends
- India Electric Power Steering Sensor Porter's Five Forces
- India Electric Power Steering Sensor Industry Life Cycle
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Sensor Type for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Torque Sensor for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Angle Sensor for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Position Sensor for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Speed Sensor for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Vehicle Type for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Passenger Cars for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By SUVs for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Commercial Vehicles for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By EVs for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Assisted Steering for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Adaptive Steering for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Driver Assistance for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Autonomous Driving for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Features for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By High Sensitivity for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Wireless Communication for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By High Accuracy for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Real-Time Adjustment for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Technology for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By AI-Driven Response for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By IoT Connectivity for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Fail-Safe Mode for the Period 2021-2031
- Historical Data and Forecast of India Electric Power Steering Sensor Market Revenues & Volume By Self-Learning System for the Period 2021 - 2029
- India Electric Power Steering Sensor Import Export Trade Statistics
- Market Opportunity Assessment By Sensor Type
- Market Opportunity Assessment By Vehicle Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Features
- Market Opportunity Assessment By Technology
- India Electric Power Steering Sensor Top Companies Market Share
- India Electric Power Steering Sensor Competitive Benchmarking By Technical and Operational Parameters
- India Electric Power Steering Sensor Company Profiles
- India Electric Power Steering Sensor Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Electric Power Steering Sensor Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Electric Power Steering Sensor Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Electric Power Steering Sensor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electric Power Steering Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 India Electric Power Steering Sensor Market - Industry Life Cycle |
3.4 India Electric Power Steering Sensor Market - Porter's Five Forces |
3.5 India Electric Power Steering Sensor Market Revenues & Volume Share, By Sensor Type, 2021 & 2031F |
3.6 India Electric Power Steering Sensor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 India Electric Power Steering Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Electric Power Steering Sensor Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.9 India Electric Power Steering Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 India Electric Power Steering Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in India |
4.2.2 Technological advancements in electric power steering systems |
4.2.3 Growing focus on vehicle safety features in the Indian automotive sector |
4.3 Market Restraints |
4.3.1 High initial cost of electric power steering systems |
4.3.2 Lack of awareness and understanding among consumers about electric power steering technology |
4.3.3 Limited availability of skilled technicians for maintenance and repair of electric power steering systems |
5 India Electric Power Steering Sensor Market Trends |
6 India Electric Power Steering Sensor Market, By Types |
6.1 India Electric Power Steering Sensor Market, By Sensor Type |
6.1.1 Overview and Analysis |
6.1.2 India Electric Power Steering Sensor Market Revenues & Volume, By Sensor Type, 2021 - 2031F |
6.1.3 India Electric Power Steering Sensor Market Revenues & Volume, By Torque Sensor, 2021 - 2031F |
6.1.4 India Electric Power Steering Sensor Market Revenues & Volume, By Angle Sensor, 2021 - 2031F |
6.1.5 India Electric Power Steering Sensor Market Revenues & Volume, By Position Sensor, 2021 - 2031F |
6.1.6 India Electric Power Steering Sensor Market Revenues & Volume, By Speed Sensor, 2021 - 2031F |
6.2 India Electric Power Steering Sensor Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 India Electric Power Steering Sensor Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.2.3 India Electric Power Steering Sensor Market Revenues & Volume, By SUVs, 2021 - 2031F |
6.2.4 India Electric Power Steering Sensor Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.2.5 India Electric Power Steering Sensor Market Revenues & Volume, By EVs, 2021 - 2031F |
6.3 India Electric Power Steering Sensor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Electric Power Steering Sensor Market Revenues & Volume, By Assisted Steering, 2021 - 2031F |
6.3.3 India Electric Power Steering Sensor Market Revenues & Volume, By Adaptive Steering, 2021 - 2031F |
6.3.4 India Electric Power Steering Sensor Market Revenues & Volume, By Driver Assistance, 2021 - 2031F |
6.3.5 India Electric Power Steering Sensor Market Revenues & Volume, By Autonomous Driving, 2021 - 2031F |
6.4 India Electric Power Steering Sensor Market, By Features |
6.4.1 Overview and Analysis |
6.4.2 India Electric Power Steering Sensor Market Revenues & Volume, By High Sensitivity, 2021 - 2031F |
6.4.3 India Electric Power Steering Sensor Market Revenues & Volume, By Wireless Communication, 2021 - 2031F |
6.4.4 India Electric Power Steering Sensor Market Revenues & Volume, By High Accuracy, 2021 - 2031F |
6.4.5 India Electric Power Steering Sensor Market Revenues & Volume, By Real-Time Adjustment, 2021 - 2031F |
6.5 India Electric Power Steering Sensor Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 India Electric Power Steering Sensor Market Revenues & Volume, By AI-Driven Response, 2021 - 2031F |
6.5.3 India Electric Power Steering Sensor Market Revenues & Volume, By IoT Connectivity, 2021 - 2031F |
6.5.4 India Electric Power Steering Sensor Market Revenues & Volume, By Fail-Safe Mode, 2021 - 2031F |
6.5.5 India Electric Power Steering Sensor Market Revenues & Volume, By Self-Learning System, 2021 - 2031F |
7 India Electric Power Steering Sensor Market Import-Export Trade Statistics |
7.1 India Electric Power Steering Sensor Market Export to Major Countries |
7.2 India Electric Power Steering Sensor Market Imports from Major Countries |
8 India Electric Power Steering Sensor Market Key Performance Indicators |
8.1 Adoption rate of electric power steering systems in new vehicle models in India |
8.2 Average age of vehicles equipped with electric power steering systems in the Indian market |
8.3 Number of patents filed for innovations in electric power steering sensor technology |
9 India Electric Power Steering Sensor Market - Opportunity Assessment |
9.1 India Electric Power Steering Sensor Market Opportunity Assessment, By Sensor Type, 2021 & 2031F |
9.2 India Electric Power Steering Sensor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 India Electric Power Steering Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Electric Power Steering Sensor Market Opportunity Assessment, By Features, 2021 & 2031F |
9.5 India Electric Power Steering Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 India Electric Power Steering Sensor Market - Competitive Landscape |
10.1 India Electric Power Steering Sensor Market Revenue Share, By Companies, 2024 |
10.2 India Electric Power Steering Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential assessment - trade Analytics for 2030
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.
To discover high-growth global markets and optimize your business strategy:
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