Rising Demand for Steering Wheel Sensor Market Trends 2022 | Segmentation, Outlook, Industry Report to 2028

The steering wheel sensor is one of the most important parts of the electronic stability control system, which measures the speed rotation and position angle of the steering wheel. In addition, the integration of multiple steering sensors provides an advantage for the driver.  Nowadays manufacturers adopt and incorporate these technologies for low and mid range vehicles too. Awareness of advanced safety systems and technologies has been increasingly witnessed over the past decade and a half, and these features are no longer limited to premium vehicles. 

Scope of the Report

The research study analyzes the global Steering Wheel Sensor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Market Segmentation:

On Basis of Sensor Type

• Position Sensors
• Torque and Angle Sensors
• Intelligent Multi-Functional Sensor Systems
• Health Monitoring System
• Other Sensor Types

On Basis of Technology:

• Magnetic
• Contacting

On Basis of Vehicle Type

• Passenger Vehicles
• Heavy Commercial Vehicles
• Light Commercial Vehicles

Mentioned below are the prime players taken into account in this research report:

• De Amertek Corporation
• Sensata Technologies
• NXP Semiconductors
• Methode Electronics
• Continental AG

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by Steering Wheel Sensor Market Report

1. What was the Steering Wheel Sensor Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Steering Wheel Sensor Market during the forecast period (2022-2028)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).

4. Which manufacturer/vendor/players in the Steering Wheel Sensor Market was the market leader in 2020?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.