Steering Position Sensor Market (CAGR 5.9% 2025–2035): Technological Advancements Driving Growth in Automotive Safety and Electric Mobility

Steering position sensors are crucial components in modern automotive systems, responsible for detecting the angle and rotation of the steering wheel. They play a vital role in vehicle dynamics, stability control, and steering feedback systems, supporting both safety and automation functions. With the increasing integration of electronic power steering (EPS) and autonomous driving features, demand for these sensors is rapidly accelerating worldwide.

The market’s growth trajectory from USD 3.73 billion in 2024 to USD 3.95 billion in 2025 marks the beginning of a decade-long surge, culminating at USD 7.0 billion by 2035.

Key Market Drivers

• Rising Demand for Electric Vehicles (EVs):
• As EV adoption grows globally, steering position sensors are increasingly required to enhance control precision and energy efficiency in electric steering systems.
• Increasing Automotive Safety Standards:
• Stringent government regulations and global safety norms are pushing automakers to incorporate advanced steering sensors to comply with standards for vehicle stability and collision prevention.
• Technological Advancements in Sensors:
• The development of compact, high-accuracy sensors using MEMS and Hall-effect technologies has improved durability and response time, making them ideal for modern vehicle platforms.
• Growing Integration of ADAS (Advanced Driver-Assistance Systems):
• With the evolution of semi-autonomous and fully autonomous vehicles, steering position sensors are essential for functions like lane-keeping assistance, adaptive cruise control, and automated parking.
• Expanding Automotive Industry in Emerging Markets:
• Rapid industrialization in countries like India, China, Brazil, and Mexico has spurred automobile manufacturing and sensor adoption, particularly in mid-range vehicle segments.

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Market Segmentation

By Application

• Passenger Cars
• Commercial Vehicles
• Electric Vehicles (EVs)
• Hybrid Vehicles

By Technology

• Contact Type Sensors
• Non-Contact Type Sensors (Hall Effect, Magnetoresistive, Optical)

By End Use

• OEM (Original Equipment Manufacturer)
• Aftermarket

By Vehicle Type

• ICE Vehicles
• Battery Electric Vehicles (BEVs)
• Plug-in Hybrid Electric Vehicles (PHEVs)

By Region

• North America: United States, Canada
• Europe: Germany, UK, France, Italy, Spain, Russia, Rest of Europe
• APAC: China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC
• South America: Brazil, Mexico, Argentina, Rest of South America
• MEA: GCC, South Africa, Rest of MEA

Regional Insights

• North America: Strong presence of leading automotive OEMs and Tier-1 suppliers, along with high ADAS penetration, positions the U.S. and Canada as major markets.
• Europe: Advanced automotive safety regulations and the push for electric mobility are boosting the demand for precision sensors.
• Asia-Pacific (APAC): The fastest-growing region, driven by large-scale EV production in China, India, and Japan, and supportive government policies.
• South America and MEA: Growing automotive manufacturing bases and infrastructure development offer potential growth avenues.

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Competitive Landscape

The Steering Position Sensor Market is moderately consolidated, with key players investing heavily in R&D and strategic collaborations. Prominent companies include:

• TE Connectivity
• Aptiv PLC
• Continental AG
• NEXTEER Automotive
• Sensata Technologies
• Melexis NV
• TRW Automotive
• Hella GmbH & Co. KGaA
• Robert Bosch GmbH
• Infineon Technologies AG
• TAMS, Mando Corporation, STMicroelectronics, DENSO Corporation, Analog Devices, and GKN Automotive

These firms focus on integrating IoT-based connectivity, AI-enhanced control algorithms, and sensor miniaturization to meet the next-generation vehicle requirements.

Market Opportunities

• Integration with IoT Solutions:
• Linking steering sensors to IoT ecosystems enhances predictive maintenance and real-time performance monitoring.
• Advanced Driver-Assistance Systems (ADAS) Growth:
• Increasing deployment of Level 2 and Level 3 autonomous systems fuels sensor demand.
• Focus on Vehicle Safety:
• Automakers’ continuous commitment to reducing accident rates is expanding steering sensor adoption.
• Technological Innovation:
• Development of wireless and multi-axis steering sensors offers opportunities for premium and smart vehicle platforms.
• EV and Hybrid Vehicle Expansion:
• The growing EV segment is a major catalyst for steering sensor market growth, particularly in APAC and Europe.

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Conclusion

The Steering Position Sensor Market is on a strong growth trajectory, expected to nearly double in size from USD 3.73 billion in 2024 to USD 7.0 billion by 2035, registering a CAGR of 5.9%. The market’s expansion is propelled by vehicle electrification, automation, and stringent safety standards. As sensor technologies evolve and integrate with digital vehicle ecosystems, steering position sensors will remain a cornerstone of intelligent mobility and automotive innovation.

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