Automotive Steering Torque Sensors Market - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

Automotive Steering Torque Sensors Market - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

Automotive steering torque sensor is a part of electric power steering system that measures torque over steering wheel. This sensor records the torsion bar angle that is required for steering movement. Two main types of torque sensors found in electronic power steering systems are contact torque sensors and non-contact torque sensors.
Market Dynamics
Increasing demand for advanced, high-performance vehicles due to increasing fuel prices is one of the major factors propelling demand for steering torque sensors in the automotive sector. Electric power systems help to reduce fuel consumption. For instance, according to a press release of Robert Bosch Gmbh on June 2015, electric power steering system saves 0.6 liters of fuel in 100 km compared to hydraulic power steering system. The press release also stated that electric power steering system produces 16.1 g/km less carbon dioxide compared to hydraulic power steering system. These benefits influence car manufacturer to replace hydraulic steering system technology with electric power system. Therefore, increasing installation of electric power systems propel demand for steering torque sensors. Steering torque sensors measure torque that driver applies to the steering wheel. The data is transferred to Electronic Control Unit (ECU) that monitors the overall speed of the vehicle. ECU later calculates the assisting torque that is required to be applied and accordingly signals the assist unit i.e. motor to apply the desired torque to steering gear. Therefore, these factors are expected to propel demand for steering torque sensors over the forecast period.
Key features of the study:
This report provides in-depth analysis of automotive steering torque sensors market size (US$ Mn), and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global automotive steering torque sensors market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, automotive steering torque sensors market capital, key developments, strategies, and future plans
Companies covered as part of this study include, Robert Bosch GmbH, Denso Corporation, Crane Electronics, Honeywell International, Sensor Technology, Valeo, TE connectivity, Kistler Instruments Pvt. Ltd., Norbar Torque Tools Ltd, Bourns, Inc., Advanced Micro Electronics CO., Limited, and Methode Electronics, Inc. Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
The global automotive steering torque sensors market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global automotive steering torque sensors market
Detailed Segmentation:
Global Automotive Steering Torque Sensors Market, By Application:
Passenger Cars
Commercial Vehicles
Heavy Commercial Vehicles
Light Commercial Vehicles
Global Automotive Steering Torque Sensors Market, By Sales Channel:
Original Equipment Manufacturer
After Market
Global Automotive Steering Torque Sensors Market, By Geography:
North America
By Application
By Sales Channel
By Country:
U.S.
Canada

Europe
By Application
By Sales Channel
By Country:
Germany
UK
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Application
By Sales Channel
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Application
By Sales Channel
By Country:
Brazil
Mexico
Rest of Latin America
Middle East
By Application
By Sales Channel
By Country:
GCC Countries
Israel
Rest of Middle East
Africa
By Application
By Sales Channel
By Country:
Northern Africa
Central Africa
South Africa
Competitive Landscape
Company Profiles
Robert Bosch GmbH
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Denso Corporation
Crane Electronics
Honeywell International
Sensor Technology
Valeo
TE connectivity
Kistler Instruments Pvt. Ltd
Norbar Torque Tools Ltd,
Bourns, Inc.,
Advanced Micro Electronics CO., Limited
Methode Electronics, Inc.
“*” marked represents similar segmentation in other categories in the respective section


1. Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Application
Market Snippet, By Sales Channel
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Value Chain Analysis
Porter’s Analysis
PEST Analysis
4. Global Automotive Steering Torque Sensors, By Application, 2018–2026 (US$ Million)
Introduction
Segment Trends
Passengers Cars
 Introduction
 Market Size and Forecast, 2018–2026, (US$ Million)
Commercial Vehicles
 Heavy Commercial Vehicles
 Introduction
 Market Size and Forecast, 2018–2026, (US$ Million)
 Light Commercial Vehicles
 Introduction
 Market Size and Forecast, 2018–2026, (US$ Million)
5. Global Automotive Steering Torque Sensors, By Sales Channels, 2018–2026 (US$ Million)
Introduction
Segment Trends
Original Equipment Manufacturer
 Introduction
 Market Size and Forecast, 2018–2026, (US$ Million)
After Market
 Introduction
 Market Size and Forecast, 2018–2026, (US$ Million)
6. Global Automotive Steering Torque Sensors, By Regions, 2018–2026 (US$ Million)
Introduction
Market Share Analysis, By Region, 2018 and 2026 (%)
North America
Regional Trends
Market Size and Forecast, By Application, 2018–2026 (US$ Million)
Market Size and Forecast, By Sales Channel, 2018–2026 (US$ Million)
Market Share Analysis, By Country, 2018 and 2026 (%)
 U.S.
 Canada
Europe
Regional Trends
Market Size and Forecast, By Application, 2018–2026 (US$ Million)
Market Size and Forecast, By Sales Channel, 2018–2026 (US$ Million)
Market Share Analysis, By Country, 2018 and 2026 (%)
 UK
 Germany
 Italy
 France
 Russia
 Others
Asia Pacific
Regional Trends
Market Size and Forecast, By Application, 2018–2026 (US$ Million)
Market Size and Forecast, By Sales Channel, 2018–2026 (US$ Million)
Market Share Analysis, By Country, 2018 and 2026 (%)
 China
 India
 Japan
 ASEAN
 Australia
 South Korea
 Others
Latin America
Regional Trends
Market Size and Forecast, By Application, 2018–2026 (US$ Million)
Market Size and Forecast, By Sales Channel, 2018–2026 (US$ Million)
Market Share Analysis, By Country, 2018 and 2026 (%)
 Brazil
 Argentina
 Mexico
 Others
Middle East
Regional Trends
Market Size and Forecast, By Application, 2018–2026 (US$ Million)
Market Size and Forecast, By Sales Channel, 2018–2026 (US$ Million)
Market Share Analysis, By Country, 2018 and 2026 (%)
 Northern Africa
 Central Africa
 South Africa
Africa
Regional Trends
Market Size and Forecast, By Application, 2018–2026 (US$ Million)
Market Size and Forecast, By Sales Channel, 2018–2026 (US$ Million)
Market Share Analysis, By Country, 2018 and 2026 (%)
 Northern Africa
 Central Africa
 South Africa
7. Competitive Landscape
Company Profiles
Robert Bosch Gmbh
 Company Overview
 Product Portfolio
 Financial Performance
 Key Strategies
 Recent Developments/Updates
Denso Corporation
 Company Overview
 Product Portfolio
 Financial Performance
 Key Strategies
 Recent Developments/Updates
Denso Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Crane Electronics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Honeywell International
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Sensor Technology
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Valeo
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
TE connectivity
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Kistler Instruments Pvt. Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Norbar Torque Tools Ltd,
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Bourns, Inc.,
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Advanced Micro Electronics CO., Limited
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Methode Electronics, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Analyst Views
8. Section
References
Research Methodology
About us and Sales Contact
*Browse 60 market data tables and 40 figures on "Automotive Steering Torque Sensors - Global forecast to 2026”.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook