Automotive Steering Sensors Market

By Sensor Type;

Health Monitoring Systems, Torque Sensors, Intelligent Multi-Functional Sensor Systems, Position Sensors/Angle Sensors and Other Sensor Types

By Vehicle Type;

Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles

By Technology;

Contacting and Magnetic

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn460219479 Published Date: September, 2025 Updated Date: October, 2025

Automotive Steering Sensors Market Overview

Automotive Steering Sensors Market (USD Million)

Automotive Steering Sensors Market was valued at USD 21,522.65 million in the year 2024. The size of this market is expected to increase to USD 37,125.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.1%.


Automotive Steering Sensors Market

*Market size in USD million

CAGR 8.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.1 %
Market Size (2024)USD 21,522.65 Million
Market Size (2031)USD 37,125.78 Million
Market ConcentrationMedium
Report Pages352
21,522.65
2024
37,125.78
2031

Major Players

  • Robert Bosch GmbH
  • DENSO Corporation
  • Valeo SA
  • HELLA GmbH & Co. KgaA
  • Methode Electronics Inc.
  • Continental AG
  • Honeywell Inc.
  • Infineon Technology
  • Nxp Semiconductors
  • Sensata Technologies
  • Hitachi Metals
  • Bei Sensors
  • Asahi Kasei

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Automotive Steering Sensors Market

Fragmented - Highly competitive market without dominant players


The Automotive Steering Sensors Market is witnessing steady momentum as modern vehicles increasingly rely on advanced electronic systems for improved safety and performance. Steering sensors play a vital role in ensuring accurate steering angle detection, stability, and control. Nearly 60% of vehicles now integrate steering sensors as part of their electronic steering control systems, reflecting their rising importance in enhancing overall driving efficiency.

Growing Role in Driver Assistance Systems
With the rapid adoption of advanced driver assistance systems (ADAS), steering sensors have become indispensable for enabling lane-keeping assist, automatic parking, and collision avoidance. Around 55% of ADAS-enabled vehicles are equipped with precision steering sensors, underscoring their critical role in autonomous driving technologies and smart mobility solutions.

Emphasis on Vehicle Safety
The rising demand for vehicle safety features has accelerated the adoption of steering sensors. These sensors help monitor and adjust steering functions to prevent driver errors and reduce accident risks. Reports suggest that nearly 50% of road safety advancements in recent years are attributed to the integration of intelligent steering and braking systems, in which steering sensors act as a core component.

Technological Advancements Driving Efficiency
Ongoing innovations in sensor design and data processing are reshaping the market landscape. Enhanced MEMS-based sensors and compact digital steering modules are enabling quicker response times and greater precision. Notably, almost 40% of new product launches in this segment focus on improved energy efficiency and sensor integration, making them more suitable for next-generation vehicles.

Market Outlook and Future Potential
The automotive steering sensors market is poised for strong growth as automakers embrace electrification, autonomous driving, and smart mobility solutions. With nearly 45% of upcoming vehicle models expected to integrate advanced steering sensor technologies, the market is positioned as a cornerstone for the evolution of modern automotive engineering.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Sensor Type
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Region
  4. Automotive Steering Sensors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Safety regulations compliance
        2. Growing vehicle production
        3. Demand for advanced features
        4. Focus on autonomous driving
        5. Integration with electronics
      2. Restraints
        1. High initial investment
        2. Compatibility issues
        3. Limited sensor accuracy
        4. Market fragmentation
        5. Data privacy concerns
      3. Opportunities
        1. Emerging markets expansion
        2. Technological advancements
        3. Increased sensor applications
        4. Collaborations for innovation
        5. Focus on energy efficiency
    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. Automotive Steering Sensors Market, By Sensor Type, 2021 - 2031 (USD Million)
      1. Health Monitoring Systems
      2. Torque Sensors
      3. Intelligent Multi-Functional Sensor Systems
      4. Position Sensors/Angle Sensors
      5. Other Sensor Types
    2. Automotive Steering Sensors Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. Light Commercial Vehicles
      3. Heavy Commercial Vehicles
    3. Automotive Steering Sensors Market, By Technology, 2021 - 2031 (USD Million)
      1. Contacting
      2. Magnetic
    4. Automotive Steering Sensors 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. Robert Bosch GmbH
      2. DENSO Corporation
      3. HELLA GmbH & Co. KGaA
      4. Aisin Corporation
      5. NXP Semiconductors N.V.
      6. Methode Electronics Inc.
      7. Continental AG
      8. Honeywell Inc.
      9. Infineon Technologies AG
      10. Sensata Technologies
      11. Hitachi Metals
      12. Valeo SA
      13. Delphi Automotive (Aptiv PLC)
      14. Methode Electronics
      15. TE Connectivity Ltd.
  7. Analyst Views
  8. Future Outlook of the Market