The global automotive steering sensors market is expected to increase by USD 3.8 billion, at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2028, according to the latest edition of the Global Automotive Steering Sensors Market Report.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global automotive steering sensors market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the automotive steering sensors industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the sensor type, vehicle type, technology, and region. The global market for automotive steering sensors can be segmented by sensor type: health monitoring system, torque sensor, intelligent multi-functional sensor system, angle sensor, other. Globally, the torque sensor segment made up the largest share of the automotive steering sensors market. Automotive steering sensors market is further segmented by vehicle type: passenger cars, light commercial vehicle, heavy commercial vehicle. The passenger cars segment captured the largest share of the market in 2021. Based on technology, the automotive steering sensors market is segmented into: contacting, magnetic. According to the research, the magnetic segment had the largest share in the global automotive steering sensors market. On the basis of region, the automotive steering sensors market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest revenue share in 2021.

Market Segmentation
By sensor type: health monitoring system, torque sensor, intelligent multi-functional sensor system, angle sensor, other
By vehicle type: passenger cars, light commercial vehicle, heavy commercial vehicle
By technology: contacting, magnetic
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading automotive steering sensors market vendors that include Continental AG, Denso Corporation, Hella KGaA Hueck & Co., Hitachi Metals, Ltd., Honeywell International Inc., Infineon Technologies AG, Methode Electronics Inc., NXP Semiconductors N.V., Robert Bosch GmbH, Sensata Technologies, Inc., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global automotive steering sensors market.
– To classify and forecast the global automotive steering sensors market based on sensor type, vehicle type, technology, region.
– To identify drivers and challenges for the global automotive steering sensors market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global automotive steering sensors market.
– To identify and analyze the profile of leading players operating in the global automotive steering sensors market.

Why Choose This Report
– Gain a reliable outlook of the global automotive steering sensors market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.