Automotive Steering Torque Sensors Market, By Application, By Sales Channel, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

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 an in-depth analysis of the global Automotive steering torque sensors market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities 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 strategy adopted by leading players
It profiles leading players in the automotive steering torque sensors market based on the following parameters- regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a 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. Ltd., Methode Electronics, Inc., and others
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the 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 Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Robert Bosch Gmbh*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- 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. Ltd.
- Methode Electronics, Inc.
- Others

Product Code: CMI2331

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Preview

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 and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Impact Analysis
Key Highlights
Regulatory Scenario
Product launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Automotive Steering Torque Sensors Market- Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Automotive Steering Torque Sensors Market, By Application, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Passenger Cars
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
Commercial Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Heavy Commercial Vehicles
- Light Commercial Vehicles

6. Automotive Steering Torque Sensors Market, By Sales Channels, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Original Equipment Manufacturer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Million)
After Market
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)

7. Automotive Steering Torque Sensors Market , By Region, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017 - 2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application 2017-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel 2017-2030, (US$ Mn)
- Market Size and Forecast, By Country, 2017-2030, (US$ Mn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application,, 2017-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel 2017-2030, (US$ Mn)
- Market Size and Forecast, By Country, 2017-2030, (US$ Mn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel 2017-2030, (US$ Mn)
- Market Size and Forecast, By Country, 2017-2030, (US$ Mn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel 2017-2030, (US$ Mn)
- Market Size and Forecast, By Country, 2017-2030, (US$ Mn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application , 2017-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel 2017-2030, (US$ Mn)
- Market Size and Forecast, By Country, 2017-2030, (US$ Mn)

8. Competitive Landscape

Robert Bosch Gmbh
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Denso Corporation
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Crane Electronics
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Honeywell International
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Sensor Technology
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Valeo
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
TE Connectivity
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Kistler Instruments Pvt. Ltd.
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Norbar Torque Tools Ltd.
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Bourns, Inc.
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Advanced Micro Electronics Co. Ltd.
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Methode Electronics, Inc.
- Company Overview
- Type Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Others

9. Section

Research Methodology
About us

Automotive Steering Torque Sensors Market, By Application, By Sales Channel, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030