The automotive steering torque sensor market size was valued at USD 5.51 bn in 2020-2024. The market is expected to witness robust growth at a CAGR of 9 % during the forecast period 2020-2024. The market sizing has been built and validated using multiple demand-side and supply-side approaches for a detailed understanding of the automotive steering torque sensor market.
The size of the global automotive steering torque sensor market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Advanced Micro Electronics Co. Ltd., Bourns Inc., DENSO Corp., HELLA GmbH & Co. KGaA, Honeywell International Inc., Infineon Technologies AG, Methode Electronics Inc., Robert Bosch GmbH, TE Connectivity Ltd., and Valeo SA.
