PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1753358
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1753358
Global Automotive Steering Sensors Market to Reach US$13.7 Billion by 2030
The global market for Automotive Steering Sensors estimated at US$9.7 Billion in the year 2024, is expected to reach US$13.7 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2024-2030. Health Monitoring System Sensors, one of the segments analyzed in the report, is expected to record a 5.7% CAGR and reach US$4.8 Billion by the end of the analysis period. Growth in the Torque Sensors segment is estimated at 7.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$2.6 Billion While China is Forecast to Grow at 9.3% CAGR
The Automotive Steering Sensors market in the U.S. is estimated at US$2.6 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.9% and 5.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
Global Automotive Steering Sensors Market - Key Trends & Drivers Summarized
Why Are Steering Sensors a Vital Component in Modern Vehicle Control Systems?
Automotive steering sensors have become critical components in modern vehicle dynamics, serving as the link between driver input and vehicle response in both conventional and advanced driver-assistance systems (ADAS). These sensors measure various steering parameters-such as angle, torque, position, and rate of change-and communicate this data to electronic control units (ECUs), enabling real-time adjustments to power steering, stability control, and lane-keeping functions. As vehicles evolve from purely mechanical systems to mechatronic platforms, steering sensors play a pivotal role in translating human input into digital commands that enhance safety, efficiency, and driving experience. In electric power steering (EPS) systems, for instance, steering angle sensors and torque sensors work together to determine the appropriate level of motor-assisted steering force. This not only improves maneuverability at low speeds but also enhances high-speed stability. The growing reliance on electronic and software-driven controls has made steering sensors indispensable for features like park assist, adaptive cruise control, and collision avoidance. In autonomous driving applications, these sensors ensure the precise and continuous monitoring of steering inputs-whether initiated by a driver or an AI algorithm-to maintain directional accuracy. Furthermore, steering sensors contribute significantly to driver feedback mechanisms, supporting the development of artificial steering feel in steer-by-wire systems. With the integration of safety standards such as ISO 26262 for functional safety and UNECE regulations for autonomous technologies, steering sensors have transitioned from optional performance enhancers to essential safety components. Their precision, responsiveness, and compatibility with diverse steering architectures underline their growing importance in the global automotive landscape.
How Are Technological Innovations Shaping the Next Generation of Steering Sensors?
Technological advancements are revolutionizing automotive steering sensors, driving improvements in accuracy, durability, size, and integration capability. Traditional contact-based potentiometers are rapidly being replaced by non-contact technologies such as Hall-effect, magneto-resistive, and inductive sensors, which offer greater longevity, higher sensitivity, and resistance to mechanical wear. These non-contact sensors can operate reliably in harsh automotive environments, including extreme temperatures, vibrations, and exposure to contaminants like oil and dust-making them suitable for both internal combustion engine (ICE) vehicles and electric vehicles (EVs). Additionally, multi-axis steering sensors are emerging to capture a broader range of motion and enable more sophisticated vehicle responses. Innovations in miniaturization and packaging have made it easier to embed steering sensors directly into steering columns, racks, or integrated steering modules without compromising space or design flexibility. At the same time, advancements in signal processing and real-time data transmission enable faster and more accurate communication between sensors and onboard control units, which is critical for time-sensitive ADAS functions like emergency lane keeping and automatic lane centering. The incorporation of digital interfaces such as CAN, SENT, and LIN is enhancing interoperability across vehicle subsystems. Furthermore, with the growing adoption of over-the-air (OTA) software updates, steering sensors are being integrated into a more connected ecosystem that allows for calibration, diagnostics, and firmware upgrades without physical intervention. Machine learning and artificial intelligence are also beginning to influence steering sensor functionality, enabling predictive maintenance, adaptive calibration, and real-time optimization based on driving behavior and road conditions. These innovations are laying the groundwork for next-gen mobility solutions, including Level 4 and Level 5 autonomous vehicles, where steering sensors will need to deliver uncompromised reliability and real-time precision.
Why Is the Demand for Steering Sensors Rising Across Vehicle Segments and Regions?
The demand for automotive steering sensors is expanding rapidly across all vehicle categories-ranging from economy cars to luxury models, commercial fleets, and electric vehicles-driven by regulatory compliance, consumer safety expectations, and global automotive trends. In developed markets such as North America, Western Europe, Japan, and South Korea, where ADAS features and electronic steering systems are standard or rapidly becoming standard, steering sensors are indispensable. Government mandates requiring electronic stability control (ESC) and other safety features necessitate the use of accurate steering input data, directly increasing demand for these sensors. Meanwhile, in emerging markets across Asia-Pacific, Latin America, and Eastern Europe, the ongoing shift from hydraulic to electric power steering systems is creating new growth opportunities, particularly as consumers demand more fuel-efficient and technologically advanced vehicles. OEMs are responding by integrating steering sensors into compact cars, crossovers, and commercial vehicles to improve drivability and meet rising expectations for safety and comfort. The rise of shared mobility services and autonomous shuttles is also contributing to this growth, as fleet operators prioritize sensor-based solutions for route optimization, predictive maintenance, and occupant safety. Additionally, electrification trends are pushing steering systems to become more integrated, efficient, and modular-characteristics that require steering sensors with higher precision and seamless compatibility. As global vehicle architectures converge around scalable, electronics-heavy platforms, the role of steering sensors becomes even more pronounced. Consumers are also showing interest in personalization and adaptive driving experiences, where steering responsiveness and feel can be digitally adjusted based on driving modes-again relying heavily on high-performance steering sensors. These converging factors are ensuring strong, sustained demand for steering sensors across both established and emerging automotive markets.
What Factors Are Fueling the Growth of the Global Automotive Steering Sensors Market?
The growth in the automotive steering sensors market is driven by multiple intersecting factors, including the evolution of electronic steering systems, increasing adoption of driver-assistance features, stringent safety regulations, and the acceleration of vehicle electrification. The shift from hydraulic to electric power steering across the automotive industry is one of the primary drivers, as EPS systems depend on precise steering angle and torque inputs to function effectively. Moreover, as automakers race to achieve higher safety ratings and comply with regulations such as the European Union's General Safety Regulation (GSR) or NHTSA mandates, the implementation of ADAS features like lane departure warning, automatic lane keeping, and hands-off detection has become more widespread-all of which require robust steering sensor input. The ongoing electrification of vehicles, including battery electric vehicles (BEVs), plug-in hybrids (PHEVs), and fuel cell electric vehicles (FCEVs), is also contributing to increased demand for sensors that can support steer-by-wire systems and optimize battery usage through intelligent control of steering components. OEMs are investing in integrated steering modules that house multiple sensors for redundancy and performance assurance, particularly for autonomous vehicle development, where fault tolerance is critical. Meanwhile, growing consumer awareness around vehicle safety, comfort, and technological sophistication is pushing automakers to enhance driving feel and responsiveness through smart steering systems. From a manufacturing perspective, the expansion of global production facilities-especially in China, India, and Southeast Asia-is enabling cost-effective sensor deployment in high-volume vehicle segments. Additionally, collaborations between Tier 1 suppliers, semiconductor firms, and AI developers are accelerating innovation cycles and improving sensor functionality. With the automotive industry's growing dependence on precision electronics and data-driven decision-making, steering sensors have become central to achieving the future vision of safe, efficient, and autonomous mobility-ensuring robust growth for the sector well into the next decade.
SCOPE OF STUDY:
The report analyzes the Automotive Steering Sensors market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Sensor Type (Health Monitoring System Sensors, Torque Sensors, Intelligent Multi-Functional Sensors, Position Sensors / Angle Sensors, Other Sensor Types); Technology (Contacting Technology, Magnetic Technology); End-Use (Passenger Cars End-Use, Light Commercial Vehicles End-Use, Heavy Commercial Vehicles End-Use)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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