Global Automotive Steering Angle Measurement Sensor Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

Passenger Cars. Light Commercial Vehicles, and Heavy Commercial Vehicles.

By Application;

Electric Power Steering, and Electro-hydraulic power steering.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn373443746 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Automotive Steering Angle Measurement Sensor Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Steering Angle Measurement Sensor Market was valued at USD 9,368.60 million. The size of this market is expected to increase to USD 17,126.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.

The automotive steering angle measurement sensor market plays a crucial role in modern vehicle safety and performance. Steering angle measurement sensors are integral components that provide real-time data on the angle of a vehicle's steering wheel, enabling precise control and responsiveness. As automotive technology advances towards autonomous driving and enhanced safety features, the demand for accurate and reliable steering angle measurement sensors continues to grow.

One of the primary drivers of this market is the increasing focus on vehicle safety standards worldwide. Steering angle sensors are essential for electronic stability control (ESC) systems, which help prevent skidding and loss of control by automatically applying brakes to individual wheels. As regulatory bodies impose stricter safety norms, automakers are compelled to integrate advanced sensor technologies to comply with these standards, thereby boosting the market growth for steering angle measurement sensors.

The proliferation of electric vehicles (EVs) and hybrid vehicles further propels market expansion. Electric power steering (EPS) systems, prevalent in EVs and hybrids, rely heavily on accurate steering angle data for efficient operation. This trend not only emphasizes the importance of steering angle sensors but also drives innovation in sensor design to meet the specific requirements of electric and hybrid vehicle platforms.

In addition to safety and regulatory compliance, advancements in sensor technology are enhancing the overall driving experience. Steering angle sensors contribute to adaptive cruise control systems, lane keeping assistance, and autonomous driving functionalities by providing critical input regarding vehicle direction and positioning. As consumer demand grows for vehicles equipped with intelligent driving aids, the automotive steering angle measurement sensor market is poised for significant development in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Automotive Steering Angle Measurement Sensor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Vehicle safety regulations
        2. Integration with advanced driver assistance
        3. Demand for autonomous driving technology
        4. Increasing vehicle production globally
      2. Restraints
        1. High sensor integration costs
        2. Complexity in sensor calibration
        3. Limited accuracy in extreme conditions
        4. Integration challenges with older vehicles
      3. Opportunities
        1. Growth in electric vehicle market
        2. Advancements in sensor technology
        3. Expansion in emerging markets
        4. Adoption of IoT and AI
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Steering Angle Measurement Sensor Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. Light Commercial Vehicles
      3. Heavy Commercial Vehicles
    2. Global Automotive Steering Angle Measurement Sensor Market, By Application, 2021 - 2031 (USD Million)
      1. Electric Power Steering
      2. Electro-hydraulic power steering
    3. Global Automotive Steering Angle Measurement Sensor Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bosch
      2. Continental AG
      3. ZF Friedrichshafen AG
      4. Denso Corporation
      5. Aptiv PLC
      6. Mitsubishi Electric Corporation
      7. Melexis NV
      8. Infineon Technologies AG
      9. Sensata Technologies
      10. Panasonic Corporation
  7. Analyst Views
  8. Future Outlook of the Market​​​