Automotive Steering Torque Sensors Market Demand, Size, Sales, Cost, Trends, Segments and Top Players
Automotive Steering Torque Sensors Market |
Because of the rising adoption of
cutting-edge technology to improve consumer experience and vehicle performance,
modern vehicles have a plethora of sensors. The torque applied by the driver is
calculated by torque sensors in the power steering system. The steering pinion
houses torque sensors. The automobile steering torque sensor is a very robust
digital interface that provides highly exact steering torque measurement, which
improves vehicle operability and safety.
During the projected period, significant
demand for electronic power steering in modern automobiles is expected to boost
demand for automotive torque sensors. Furthermore, an increase in the adoption
of SUVs and a rise in the demand for premium vehicles are expected to drive the automotive steering torque sensors market during the forecast period.
Furthermore, rising passenger vehicle
production, as well as increased usage of electric power steering, are likely
to drive the automotive steering torque Sensors market during the forecast
period. Furthermore, a surge in the use of electric vehicles as a result of
rigorous pollution standards, as well as the incorporation of cutting-edge
technology in electric vehicles, is expected to drive the automotive steering
torque Sensors market during the forecast period.
The vehicle steering torque Sensor is
classified into two types: contact and non-contact sensors. A non-contact
sensor is a highly advanced sensor that is installed in a modern vehicle's
electronic power steering system. It is made up of a rotor and pole parts. Non-contact
type sensors are more expensive than contact type sensors due to the need for
more complex equipment.
The automobile steering torque Sensor is
classified into three types of vehicles: passenger vehicles, electric vehicles,
and commercial vehicles. The increased adoption of new technologies in
passenger vehicles, such as electronic power steering, ascribed to regulatory
body requirements, is primarily driving the worldwide automotive steering sensor market.
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