LONDON--(BUSINESS WIRE)--Technavio has been monitoring the automotive steering angle measurement sensor market and it is poised to grow by USD 9.6 billion during 2020-2024, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bourns Inc., DENSO CORP., HELLA GmbH & Co. KGaA, Honeywell International Inc., Robert Bosch GmbH, TE Connectivity Ltd., TOKAI RIKA CO. LTD., Toyodenso Co. Ltd., Valeo SA, and ZF Friedrichshafen AG are some of the major market participants. The integration of sensors leading to better steering control will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The integration of sensors leading to better steering control has been instrumental in driving the growth of the market.
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Automotive Steering Angle Measurement Sensor Market 2020-2024: Segmentation
Automotive Steering Angle Measurement Sensor Market is segmented as below:
-
Application
- Electric Power Steering
- Electro-hydraulic Power Steering
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Automotive Steering Angle Measurement Sensor Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive steering angle measurement sensor market report covers the following areas:
- Automotive Steering Angle Measurement Sensor Market Size
- Automotive Steering Angle Measurement Sensor Market Trends
- Automotive Steering Angle Measurement Sensor Market Analysis
This study identifies the development of portable steering wheel angle measurement sensor as one of the prime reasons driving the automotive steering angle measurement sensor market growth during the next few years.
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Automotive Steering Angle Measurement Sensor Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automotive steering angle measurement sensor market growth during the next five years
- Estimation of the automotive steering angle measurement sensor market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive steering angle measurement sensor market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive steering angle measurement sensor market vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application placement
- Electric power steering - Market size and forecast 2019-2024
- Electro-hydraulic power steering - Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
Landscape disruption
- Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Bourns Inc.
- DENSO CORP.
- HELLA GmbH & Co. KGaA
- Honeywell International Inc.
- Robert Bosch GmbH
- TE Connectivity Ltd.
- TOKAI RIKA CO. LTD.
- Toyodenso Co. Ltd.
- Valeo SA
- ZF Friedrichshafen AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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