
The global market for Vehicle Steering Torque Sensor was valued at US$ 8207 million in the year 2024 and is projected to reach a revised size of US$ 12110 million by 2031, growing at a CAGR of 5.8% during the forecast period.
measure the amount of torque or force applied to the steering wheel by the driver. It provides critical feedback to the vehicle"s electronic control systems, allowing for precise control of various steering-related functions, such as power steering assistance and stability control. This sensor plays a crucial role in enhancing vehicle safety, performance, and comfort.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Vehicle Steering Torque Sensor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle Steering Torque Sensor.
The Vehicle Steering Torque Sensor market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Vehicle Steering Torque Sensor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Vehicle Steering Torque Sensor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Robert Bosch GmbH
Honeywell International Inc.
DENSO CORPORATION
HELLA GmbH & Co.
TE Connectivity
KGaA
by Type
Contact Sensor
Non-Contact Sensor
by Application
Passenger Vehicle
Commercial Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Vehicle Steering Torque Sensor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Vehicle Steering Torque Sensor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Vehicle Steering Torque Sensor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Vehicle Steering Torque Sensor Market Overview
1.1 Product Definition
1.2 Vehicle Steering Torque Sensor by Type
1.2.1 Global Vehicle Steering Torque Sensor Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Contact Sensor
1.2.3 Non-Contact Sensor
1.3 Vehicle Steering Torque Sensor by Application
1.3.1 Global Vehicle Steering Torque Sensor Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Passenger Vehicle
1.3.3 Commercial Vehicle
1.4 Global Market Growth Prospects
1.4.1 Global Vehicle Steering Torque Sensor Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Vehicle Steering Torque Sensor Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Vehicle Steering Torque Sensor Production Estimates and Forecasts (2020-2031)
1.4.4 Global Vehicle Steering Torque Sensor Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Vehicle Steering Torque Sensor Production Market Share by Manufacturers (2020-2025)
2.2 Global Vehicle Steering Torque Sensor Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Vehicle Steering Torque Sensor, Industry Ranking, 2023 VS 2024
2.4 Global Vehicle Steering Torque Sensor Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Vehicle Steering Torque Sensor Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Vehicle Steering Torque Sensor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Vehicle Steering Torque Sensor, Product Offered and Application
2.8 Global Key Manufacturers of Vehicle Steering Torque Sensor, Date of Enter into This Industry
2.9 Vehicle Steering Torque Sensor Market Competitive Situation and Trends
2.9.1 Vehicle Steering Torque Sensor Market Concentration Rate
2.9.2 Global 5 and 10 Largest Vehicle Steering Torque Sensor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Vehicle Steering Torque Sensor Production by Region
3.1 Global Vehicle Steering Torque Sensor Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Vehicle Steering Torque Sensor Production Value by Region (2020-2031)
3.2.1 Global Vehicle Steering Torque Sensor Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Vehicle Steering Torque Sensor by Region (2026-2031)
3.3 Global Vehicle Steering Torque Sensor Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Vehicle Steering Torque Sensor Production Volume by Region (2020-2031)
3.4.1 Global Vehicle Steering Torque Sensor Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Vehicle Steering Torque Sensor by Region (2026-2031)
3.5 Global Vehicle Steering Torque Sensor Market Price Analysis by Region (2020-2025)
3.6 Global Vehicle Steering Torque Sensor Production and Value, Year-over-Year Growth
3.6.1 North America Vehicle Steering Torque Sensor Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Vehicle Steering Torque Sensor Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Vehicle Steering Torque Sensor Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Vehicle Steering Torque Sensor Production Value Estimates and Forecasts (2020-2031)
3.6.5 South Korea Vehicle Steering Torque Sensor Production Value Estimates and Forecasts (2020-2031)
3.6.6 India Vehicle Steering Torque Sensor Production Value Estimates and Forecasts (2020-2031)
4 Vehicle Steering Torque Sensor Consumption by Region
4.1 Global Vehicle Steering Torque Sensor Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Vehicle Steering Torque Sensor Consumption by Region (2020-2031)
4.2.1 Global Vehicle Steering Torque Sensor Consumption by Region (2020-2025)
4.2.2 Global Vehicle Steering Torque Sensor Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Vehicle Steering Torque Sensor Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Vehicle Steering Torque Sensor Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Vehicle Steering Torque Sensor Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Vehicle Steering Torque Sensor Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Vehicle Steering Torque Sensor Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Vehicle Steering Torque Sensor Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Vehicle Steering Torque Sensor Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Vehicle Steering Torque Sensor Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Vehicle Steering Torque Sensor Production by Type (2020-2031)
5.1.1 Global Vehicle Steering Torque Sensor Production by Type (2020-2025)
5.1.2 Global Vehicle Steering Torque Sensor Production by Type (2026-2031)
5.1.3 Global Vehicle Steering Torque Sensor Production Market Share by Type (2020-2031)
5.2 Global Vehicle Steering Torque Sensor Production Value by Type (2020-2031)
5.2.1 Global Vehicle Steering Torque Sensor Production Value by Type (2020-2025)
5.2.2 Global Vehicle Steering Torque Sensor Production Value by Type (2026-2031)
5.2.3 Global Vehicle Steering Torque Sensor Production Value Market Share by Type (2020-2031)
5.3 Global Vehicle Steering Torque Sensor Price by Type (2020-2031)
6 Segment by Application
6.1 Global Vehicle Steering Torque Sensor Production by Application (2020-2031)
6.1.1 Global Vehicle Steering Torque Sensor Production by Application (2020-2025)
6.1.2 Global Vehicle Steering Torque Sensor Production by Application (2026-2031)
6.1.3 Global Vehicle Steering Torque Sensor Production Market Share by Application (2020-2031)
6.2 Global Vehicle Steering Torque Sensor Production Value by Application (2020-2031)
6.2.1 Global Vehicle Steering Torque Sensor Production Value by Application (2020-2025)
6.2.2 Global Vehicle Steering Torque Sensor Production Value by Application (2026-2031)
6.2.3 Global Vehicle Steering Torque Sensor Production Value Market Share by Application (2020-2031)
6.3 Global Vehicle Steering Torque Sensor Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Robert Bosch GmbH
7.1.1 Robert Bosch GmbH Vehicle Steering Torque Sensor Company Information
7.1.2 Robert Bosch GmbH Vehicle Steering Torque Sensor Product Portfolio
7.1.3 Robert Bosch GmbH Vehicle Steering Torque Sensor Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Robert Bosch GmbH Main Business and Markets Served
7.1.5 Robert Bosch GmbH Recent Developments/Updates
7.2 Honeywell International Inc.
7.2.1 Honeywell International Inc. Vehicle Steering Torque Sensor Company Information
7.2.2 Honeywell International Inc. Vehicle Steering Torque Sensor Product Portfolio
7.2.3 Honeywell International Inc. Vehicle Steering Torque Sensor Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Honeywell International Inc. Main Business and Markets Served
7.2.5 Honeywell International Inc. Recent Developments/Updates
7.3 DENSO CORPORATION
7.3.1 DENSO CORPORATION Vehicle Steering Torque Sensor Company Information
7.3.2 DENSO CORPORATION Vehicle Steering Torque Sensor Product Portfolio
7.3.3 DENSO CORPORATION Vehicle Steering Torque Sensor Production, Value, Price and Gross Margin (2020-2025)
7.3.4 DENSO CORPORATION Main Business and Markets Served
7.3.5 DENSO CORPORATION Recent Developments/Updates
7.4 HELLA GmbH & Co.
7.4.1 HELLA GmbH & Co. Vehicle Steering Torque Sensor Company Information
7.4.2 HELLA GmbH & Co. Vehicle Steering Torque Sensor Product Portfolio
7.4.3 HELLA GmbH & Co. Vehicle Steering Torque Sensor Production, Value, Price and Gross Margin (2020-2025)
7.4.4 HELLA GmbH & Co. Main Business and Markets Served
7.4.5 HELLA GmbH & Co. Recent Developments/Updates
7.5 TE Connectivity
7.5.1 TE Connectivity Vehicle Steering Torque Sensor Company Information
7.5.2 TE Connectivity Vehicle Steering Torque Sensor Product Portfolio
7.5.3 TE Connectivity Vehicle Steering Torque Sensor Production, Value, Price and Gross Margin (2020-2025)
7.5.4 TE Connectivity Main Business and Markets Served
7.5.5 TE Connectivity Recent Developments/Updates
7.6 KGaA
7.6.1 KGaA Vehicle Steering Torque Sensor Company Information
7.6.2 KGaA Vehicle Steering Torque Sensor Product Portfolio
7.6.3 KGaA Vehicle Steering Torque Sensor Production, Value, Price and Gross Margin (2020-2025)
7.6.4 KGaA Main Business and Markets Served
7.6.5 KGaA Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Vehicle Steering Torque Sensor Industry Chain Analysis
8.2 Vehicle Steering Torque Sensor Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Vehicle Steering Torque Sensor Production Mode & Process Analysis
8.4 Vehicle Steering Torque Sensor Sales and Marketing
8.4.1 Vehicle Steering Torque Sensor Sales Channels
8.4.2 Vehicle Steering Torque Sensor Distributors
8.5 Vehicle Steering Torque Sensor Customer Analysis
9 Vehicle Steering Torque Sensor Market Dynamics
9.1 Vehicle Steering Torque Sensor Industry Trends
9.2 Vehicle Steering Torque Sensor Market Drivers
9.3 Vehicle Steering Torque Sensor Market Challenges
9.4 Vehicle Steering Torque Sensor Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Robert Bosch GmbH
Honeywell International Inc.
DENSO CORPORATION
HELLA GmbH & Co.
TE Connectivity
KGaA
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*If Applicable.
