Automotive Steering Torque Sensors Market Report 2024-2031: Market Trends and Key Insights

Market Overview:

Automotive steering torque sensors are used to detect the torque applied on steering wheel by driver and transmit it to electric power steering (EPS) system or electronic stability control (ESC) system. They help in optimizing steering assistance as per driving conditions.

Market Dynamics:

The automotive steering torque sensors market is expected to witness significant growth over the forecast period owing to increasing adoption of electric power steering systems across passenger and commercial vehicles. Electric power steering systems utilize torque sensors to detect driver inputs and accordingly vary the level of steering assist. Moreover, stringent regulations regarding vehicle safety and stability are prompting OEMs to increasingly integrate torque sensors with electronic stability control systems. For instance, ESC systems make use of torque sensors to individually brake wheels to counter lost traction and regain vehicle control. Additionally, emerging autonomous driving trends are further expanding applications of steering torque sensors in advanced driver assistance systems. Continuous technology advancements to improve sensor accuracy and durability will also support market growth during the forecast period.

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Automotive Steering Torque Sensors Market Drivers

Increasing Demand for Advanced Driver Assistance Systems

The growing demand for enhanced safety features in vehicles has led automakers to integrate more advanced driver assistance systems. Steering torque sensors play a vital role in functions such as lane keep assist, blind spot monitoring, adaptive cruise control, and automatic emergency braking. As these systems are becoming common even in mid-range passenger cars, the need for high-quality torque sensors has increased significantly. Moreover, with autonomous vehicles attracting huge investments, sophisticated torque sensing technology capable of handling complex self-driving tasks is being extensively researched. This rapid development of driver assistance and autonomous driving is a major factor fueling the growth of the automotive steering torque sensors market.

Stringent Regulations Regarding Vehicle Safety

Regulatory bodies across major markets have implemented stringent regulations mandating the integration of certain active and passive safety systems in new vehicle models. For example, systems such as electronic stability control (ESC) are now mandatory for passenger cars in countries like the US, Europe, and Japan. Similarly, the European New Car Assessment Programme (Euro NCAP) has raised the bar in terms of occupant protection and accident avoidance features. Steering torque sensors are critical components of many active safety systems. In order to comply with evolving safety norms, automakers are ramping up the adoption of advanced driver assistance technologies leveraging torque sensing technology. The increasing legislative pressure to enhance vehicle safety through electronic aids is driving significant demand within the market.

Top Companies Covered In This Report:

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., Limited, and Methode Electronics, Inc.

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Automotive Steering Torque Sensors Market Opportunity

Integration in Commercial Vehicles

While passenger vehicles currently generate most of the demand, commercial vehicles also present promising growth opportunities. Fleets are increasingly implementing driver assistance and connectivity solutions to enhance safety, reduce accidents, minimize downtime, and optimize operations. Autonomous technologies tailored for commercial applications have started gaining traction. For example, technologies for autonomous shuttles, trucks, and delivery bots are being tested. This represents a multi-billion commercial market by itself. Steering torque sensors play an important role in applications such as driver fatigue detection, advanced parking assistance, and lateral control functions for limited self-driving trucks. With more fleet operators recognizing the benefits of advanced safety systems, integration of high-precision torque sensing in commercial vehicles has scope for significant expansion in the coming years. This could open a lucrative new frontier for suppliers.

Automotive Steering Torque Sensors Market Trend

Growing Adoption of MEMS Technology

MEMS (micro-electro-mechanical systems) technology has increasingly emerged as a favored option compared to conventional strain gauges and contact-based sensors used traditionally. MEMS torque sensors offer higher sensitivity, faster response time, greater long-term stability, higher accuracy under harsh road conditions, and more compact dimensions. Automakers prefer MEMS due to their superior sensing capabilities, flexibility of integration, and miniaturization advantages matching modern vehicle design philosophies emphasizing weight reduction. Suppliers are continuously enhancing these sensors through innovations in material science, micromachining techniques, and advanced electronics integration. The growing preference for contactless MEMS technology over conventional strain gauges reflects the latest trend in steering torque sensing. Its acceptance across passenger and commercial vehicle segments is anticipated to rise further in line with the evolution of advanced driver assistance systems and autonomous mobility solutions.

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The report answers a number of crucial questions, including:

Which companies dominate the global Automotive Steering Torque Sensors market?
What current trends will influence the market over the next few years?
What are the market's opportunities, obstacles, and driving forces?
What predictions for the future can help with strategic decision-making?
What advantages does market research offer businesses?
Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
What is the anticipated growth rate for the Automotive Steering Torque Sensors market economy globally?

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