Electric Power Steering (EPS) Sensor Market size was valued at US$ 1.92 billion in 2024 and is projected to reach US$ 3.46 billion by 2032, at a CAGR of 8.74% during the forecast period 2025-2032
Report Studies
• The global Electric Power Steering (EPS) Sensor Market size was valued at US$ 1.92 billion in 2024 and is projected to reach US$ 3.46 billion by 2032, at a CAGR of 8.74% during the forecast period 2025-2032. The increasing adoption of fuelefficient vehicles and stringent government regulations on vehicle emissions are key drivers propelling market growth.
• EPS sensors are critical components in modern automotive steering systems that detect driver input torque and steering wheel position, enabling precise electric motor assistance. These sensors include Torque-Only Sensors (TOS) and Torque-Angle Sensors (TAS), which provide real-time data to control modules for optimized steering performance. The transition from hydraulic to electric power steering systems across passenger and commercial vehicles has significantly boosted sensor demand, with over 85% of new vehicles globally now equipped with EPS technology.
By
Types
• Torque Only Sensor (TOS)
• Torque Angle Sensor (TAS)
By Application:
• Passenger Vehicle
• Subtypes: Hatchbacks, Sedans, SUVs
• Commercial Vehicle
• Subtypes: Light Commercial Vehicles, Heavy Commercial Vehicles
By Vehicle Type:
Key Players
:
Email:
• Robert Bosch GmbH (Germany)
• HELLA GmbH & Co. KGaA (Germany)
• LG Innotek (South Korea)
• Valeo SA (France)
• Methode Electronics, Inc. (U.S.)
• Denso Corporation (Japan)
• Continental AG (Germany)
• TT Electronics plc (UK)
