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Automotive Steering Torque Sensors Market Analysis (2018 – 2026)

Read here the market research report on the u201cAutomotive Steering Torque Sensors Market" published by CMI Team

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Automotive Steering Torque Sensors Market Analysis (2018 – 2026)

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. AUTOMOTIVE STEERING TORQUE SENSORS MARKET ANALYSIS (2018 – 2026) • Automotive Steering Torque Sensors Market Report, by Application (Passenger Cars and Commercial Vehicles), by Sales Channel Type (OEM and Aftermarket), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

  3. Automotive steering torque sensor is a part of electric power steering system that measures torque over steering wheel.  This sensor records the torsion bar angle that is required for steering movement. Two main types of torque sensors found in electronic power steering systems are contact torque sensors and non-contact torque sensors.  

  4. Market Dynamics • Increasing demand for advanced, high-performance vehicles due to increasing fuel prices is one of the major factors propelling demand for steering torque sensors in the automotive sector. Electric power systems help to reduce fuel consumption. For instance, according to a press release of Robert Bosch Gmbh on June 2015, electric power steering system saves 0.6 liters of fuel in 100 km compared to hydraulic power steering system. The press release also stated that electric power steering system produces 16.1 g/km less carbon dioxide compared to hydraulic power steering system. These benefits influence car manufacturer to replace hydraulic steering system technology with electric power system. Therefore, increasing installation of electric power systems propel demand for steering torque sensors. Steering torque sensors measure torque that driver applies to the steering wheel. The data is transferred to Electronic Control Unit (ECU) that monitors the overall speed of the vehicle. ECU later calculates the assisting torque that is required to be applied and accordingly signals the assist unit i.e. motor to apply the desired torque to steering gear. Therefore, these factors are expected to propel demand for steering torque sensors over the forecast period.

  5. Key features of the study: • This report provides in-depth analysis of automotive steering torque sensors  market size (US$ Mn), and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players • It profiles key players in the global automotive steering torque sensors  market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, automotive steering torque sensors  market capital, key developments, strategies, and future plans

  6. Companies covered as part of this study include, 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. Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics • The global automotive steering torque sensors market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global automotive steering torque sensors market

  7. Detailed Segmentation: • Global Automotive Steering Torque Sensors Market, By Application: • Passenger Cars • Commercial Vehicles • Heavy Commercial Vehicles • Light Commercial Vehicles • Global Automotive Steering Torque Sensors Market, By Sales Channel: • Original Equipment Manufacturer • After Market

  8. Global Automotive Steering Torque Sensors Market, By Geography: • North America • By Application • By Sales Channel • By Country: • U.S. • Canada • Europe • By Application • By Sales Channel • By Country: • Germany • UK • France • Italy • Spain • Russia • Rest of Europe

  9. Latin America • By Application • By Sales Channel • By Country: • Brazil • Mexico • Rest of Latin America • Middle East • By Application • By Sales Channel • By Country: • GCC Countries • Israel • Rest of Middle East • Asia Pacific • By Application • By Sales Channel • By Country: • China • India • Japan • Australia • South Korea • ASEAN • Rest of Asia Pacific

  10. 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 • Methode Electronics, Inc. •  “*” marked represents similar segmentation in other categories in the respective section • Africa • By Application • By Sales Channel • By Country: • Northern Africa • Central Africa • South Africa • Competitive Landscape • Company Profiles • Robert Bosch GmbH • Company Overview • Product Portfolio • Financial Performance • Key Strategies • Recent Developments/Updates

  11. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now Reference:https://www.coherentmarketinsights.com/market-insight/automotive-steering-torque-sensors-market-2331

  12. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  13. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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