Automotive Steering Angle Sensor Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Automotive Steering Angle Sensor Market covers analysis by Type (Optical Sensor, Digital Sensor); Vehicle Type (Passenger Cars, LCV, MandHCV); Application (Electric Power Steering, Electronic Stability Control (ESC), Active Steering (AS), Variable Rate Steering (VRS), Anti-lock Braking System (ABS), Lane Departure Warning, Lane Assistance, Parking Assistance) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00010260
  • Category : Automotive and Transportation
  • Status : Upcoming
  • No. of Pages : 150
Inquire Before Buy

PRICING

$5190

$4671

MARKET INTRODUCTION

An automotive steering angle sensor is a critical part of ESC as it measures the steering position angle and rate of turn. The growing popularity of autonomous vehicles and advancements in technologies are the major factors that are expected to drive the growth of the automotive angle steering sensors market. The automotive angle steering sensor market is highly competitive with the presence of some of the prominent players operating in the market, such as Robert Bosch GmbH, TE Connectivity, and Delphi, among others.

MARKET DYNAMICS

The advancements in technologies, the growing focus of the companies towards improving driver safety, and the increasing popularity of cruise mode in vehicles are some of the significant factors driving the growth of the automotive steering angle sensor market. However, high costs of implementation might limit the growth of the automotive steering angle sensor market. The demand for automotive steering angle sensors is expected to grow significantly in the APAC region, owing to the strong automotive manufacturing sector in countries such as China, India, and Japan.

MARKET SCOPE

The "Global Automotive Steering Angle Sensor Market Analysis to 2028" is a specialized and in-depth study of the automotive steering angle sensor market with a special focus on the global market trend analysis. The report aims to provide an overview of automotive steering angle sensor market with detailed market segmentation by type, vehicle type, application, and geography. The global automotive steering angle sensor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive steering angle sensor market players and offers key trends and opportunities in the automotive steering angle sensor market.

MARKET SEGMENTATION

The global automotive steering angle sensor market is segmented on the basis of type, vehicle type, and application. Based on type, the market is segmented as optical sensor and digital sensors. Based on vehicle type, the market is segmented as LCV, passenger cars, and L&HCV. On the basis of application, the market is segmented as electric power steering, electronic stability control (ESC), active steering (AS), variable rate steering (VRS), anti-lock braking system (ABS), lane departure warning, lane assistance, and parking assistance.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive steering angle sensor market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Automotive steering angle sensor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Automotive steering angle sensor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the Automotive steering angle sensor market in these regions.

World Geography

Have a question?

Analyst

Naveen

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive steering angle sensor market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Automotive steering angle sensor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Automotive steering angle sensor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the Automotive steering angle sensor market in these regions.

MARKET PLAYERS

The reports cover key developments in the automotive steering angle sensor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive steering angle sensor market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive steering angle sensor market. Below mentioned is the list of few companies engaged in the Automotive steering angle sensor market.

The report also includes the profiles of key automotive steering angle sensor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •  Active Sensors
  •  BEI Sensors
  •  Bimmerscan
  •  Delphi Auto Parts
  •  Hella GmbH and Co. KGAA
  •  Hirain Technologies Co., Ltd.
  •  NXP Semiconductors
  •  Robert Bosch GmbH
  •  Standard Motor Products, Inc
  •  TE Connectivity.


The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Steering Angle Sensor Market - By Type
1.3.2 Automotive Steering Angle Sensor Market - By Vehicle Type
1.3.3 Automotive Steering Angle Sensor Market - By Application
1.3.4 Automotive Steering Angle Sensor Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AUTOMOTIVE STEERING ANGLE SENSOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. AUTOMOTIVE STEERING ANGLE SENSOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. AUTOMOTIVE STEERING ANGLE SENSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE STEERING ANGLE SENSOR - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE STEERING ANGLE SENSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. AUTOMOTIVE STEERING ANGLE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. OPTICAL SENSOR
7.3.1. Overview
7.3.2. Optical Sensor Market Forecast and Analysis
7.4. DIGITAL SENSOR
7.4.1. Overview
7.4.2. Digital Sensor Market Forecast and Analysis
8. AUTOMOTIVE STEERING ANGLE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CARS
8.3.1. Overview
8.3.2. Passenger Cars Market Forecast and Analysis
8.4. LCV
8.4.1. Overview
8.4.2. LCV Market Forecast and Analysis
8.5. MANDHCV
8.5.1. Overview
8.5.2. MandHCV Market Forecast and Analysis
9. AUTOMOTIVE STEERING ANGLE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. ELECTRIC POWER STEERING
9.3.1. Overview
9.3.2. Electric Power Steering Market Forecast and Analysis
9.4. ELECTRONIC STABILITY CONTROL (ESC)
9.4.1. Overview
9.4.2. Electronic Stability Control (ESC) Market Forecast and Analysis
9.5. ACTIVE STEERING (AS)
9.5.1. Overview
9.5.2. Active Steering (AS) Market Forecast and Analysis
9.6. VARIABLE RATE STEERING (VRS)
9.6.1. Overview
9.6.2. Variable Rate Steering (VRS) Market Forecast and Analysis
9.7. ANTI-LOCK BRAKING SYSTEM (ABS)
9.7.1. Overview
9.7.2. Anti-lock Braking System (ABS) Market Forecast and Analysis
9.8. LANE DEPARTURE WARNING
9.8.1. Overview
9.8.2. Lane Departure Warning Market Forecast and Analysis
9.9. LANE ASSISTANCE
9.9.1. Overview
9.9.2. Lane Assistance Market Forecast and Analysis
9.10. PARKING ASSISTANCE
9.10.1. Overview
9.10.2. Parking Assistance Market Forecast and Analysis

10. AUTOMOTIVE STEERING ANGLE SENSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Automotive Steering Angle Sensor Market Overview
10.1.2 North America Automotive Steering Angle Sensor Market Forecasts and Analysis
10.1.3 North America Automotive Steering Angle Sensor Market Forecasts and Analysis - By Type
10.1.4 North America Automotive Steering Angle Sensor Market Forecasts and Analysis - By Vehicle Type
10.1.5 North America Automotive Steering Angle Sensor Market Forecasts and Analysis - By Application
10.1.6 North America Automotive Steering Angle Sensor Market Forecasts and Analysis - By Countries
10.1.6.1 United States Automotive Steering Angle Sensor Market
10.1.6.1.1 United States Automotive Steering Angle Sensor Market by Type
10.1.6.1.2 United States Automotive Steering Angle Sensor Market by Vehicle Type
10.1.6.1.3 United States Automotive Steering Angle Sensor Market by Application
10.1.6.2 Canada Automotive Steering Angle Sensor Market
10.1.6.2.1 Canada Automotive Steering Angle Sensor Market by Type
10.1.6.2.2 Canada Automotive Steering Angle Sensor Market by Vehicle Type
10.1.6.2.3 Canada Automotive Steering Angle Sensor Market by Application
10.1.6.3 Mexico Automotive Steering Angle Sensor Market
10.1.6.3.1 Mexico Automotive Steering Angle Sensor Market by Type
10.1.6.3.2 Mexico Automotive Steering Angle Sensor Market by Vehicle Type
10.1.6.3.3 Mexico Automotive Steering Angle Sensor Market by Application
10.2. EUROPE
10.2.1 Europe Automotive Steering Angle Sensor Market Overview
10.2.2 Europe Automotive Steering Angle Sensor Market Forecasts and Analysis
10.2.3 Europe Automotive Steering Angle Sensor Market Forecasts and Analysis - By Type
10.2.4 Europe Automotive Steering Angle Sensor Market Forecasts and Analysis - By Vehicle Type
10.2.5 Europe Automotive Steering Angle Sensor Market Forecasts and Analysis - By Application
10.2.6 Europe Automotive Steering Angle Sensor Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Automotive Steering Angle Sensor Market
10.2.6.1.1 Germany Automotive Steering Angle Sensor Market by Type
10.2.6.1.2 Germany Automotive Steering Angle Sensor Market by Vehicle Type
10.2.6.1.3 Germany Automotive Steering Angle Sensor Market by Application
10.2.6.2 France Automotive Steering Angle Sensor Market
10.2.6.2.1 France Automotive Steering Angle Sensor Market by Type
10.2.6.2.2 France Automotive Steering Angle Sensor Market by Vehicle Type
10.2.6.2.3 France Automotive Steering Angle Sensor Market by Application
10.2.6.3 Italy Automotive Steering Angle Sensor Market
10.2.6.3.1 Italy Automotive Steering Angle Sensor Market by Type
10.2.6.3.2 Italy Automotive Steering Angle Sensor Market by Vehicle Type
10.2.6.3.3 Italy Automotive Steering Angle Sensor Market by Application
10.2.6.4 United Kingdom Automotive Steering Angle Sensor Market
10.2.6.4.1 United Kingdom Automotive Steering Angle Sensor Market by Type
10.2.6.4.2 United Kingdom Automotive Steering Angle Sensor Market by Vehicle Type
10.2.6.4.3 United Kingdom Automotive Steering Angle Sensor Market by Application
10.2.6.5 Russia Automotive Steering Angle Sensor Market
10.2.6.5.1 Russia Automotive Steering Angle Sensor Market by Type
10.2.6.5.2 Russia Automotive Steering Angle Sensor Market by Vehicle Type
10.2.6.5.3 Russia Automotive Steering Angle Sensor Market by Application
10.2.6.6 Rest of Europe Automotive Steering Angle Sensor Market
10.2.6.6.1 Rest of Europe Automotive Steering Angle Sensor Market by Type
10.2.6.6.2 Rest of Europe Automotive Steering Angle Sensor Market by Vehicle Type
10.2.6.6.3 Rest of Europe Automotive Steering Angle Sensor Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Automotive Steering Angle Sensor Market Overview
10.3.2 Asia-Pacific Automotive Steering Angle Sensor Market Forecasts and Analysis
10.3.3 Asia-Pacific Automotive Steering Angle Sensor Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Automotive Steering Angle Sensor Market Forecasts and Analysis - By Vehicle Type
10.3.5 Asia-Pacific Automotive Steering Angle Sensor Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Automotive Steering Angle Sensor Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Automotive Steering Angle Sensor Market
10.3.6.1.1 Australia Automotive Steering Angle Sensor Market by Type
10.3.6.1.2 Australia Automotive Steering Angle Sensor Market by Vehicle Type
10.3.6.1.3 Australia Automotive Steering Angle Sensor Market by Application
10.3.6.2 China Automotive Steering Angle Sensor Market
10.3.6.2.1 China Automotive Steering Angle Sensor Market by Type
10.3.6.2.2 China Automotive Steering Angle Sensor Market by Vehicle Type
10.3.6.2.3 China Automotive Steering Angle Sensor Market by Application
10.3.6.3 India Automotive Steering Angle Sensor Market
10.3.6.3.1 India Automotive Steering Angle Sensor Market by Type
10.3.6.3.2 India Automotive Steering Angle Sensor Market by Vehicle Type
10.3.6.3.3 India Automotive Steering Angle Sensor Market by Application
10.3.6.4 Japan Automotive Steering Angle Sensor Market
10.3.6.4.1 Japan Automotive Steering Angle Sensor Market by Type
10.3.6.4.2 Japan Automotive Steering Angle Sensor Market by Vehicle Type
10.3.6.4.3 Japan Automotive Steering Angle Sensor Market by Application
10.3.6.5 South Korea Automotive Steering Angle Sensor Market
10.3.6.5.1 South Korea Automotive Steering Angle Sensor Market by Type
10.3.6.5.2 South Korea Automotive Steering Angle Sensor Market by Vehicle Type
10.3.6.5.3 South Korea Automotive Steering Angle Sensor Market by Application
10.3.6.6 Rest of Asia-Pacific Automotive Steering Angle Sensor Market
10.3.6.6.1 Rest of Asia-Pacific Automotive Steering Angle Sensor Market by Type
10.3.6.6.2 Rest of Asia-Pacific Automotive Steering Angle Sensor Market by Vehicle Type
10.3.6.6.3 Rest of Asia-Pacific Automotive Steering Angle Sensor Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Automotive Steering Angle Sensor Market Overview
10.4.2 Middle East and Africa Automotive Steering Angle Sensor Market Forecasts and Analysis
10.4.3 Middle East and Africa Automotive Steering Angle Sensor Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Automotive Steering Angle Sensor Market Forecasts and Analysis - By Vehicle Type
10.4.5 Middle East and Africa Automotive Steering Angle Sensor Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Automotive Steering Angle Sensor Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Automotive Steering Angle Sensor Market
10.4.6.1.1 South Africa Automotive Steering Angle Sensor Market by Type
10.4.6.1.2 South Africa Automotive Steering Angle Sensor Market by Vehicle Type
10.4.6.1.3 South Africa Automotive Steering Angle Sensor Market by Application
10.4.6.2 Saudi Arabia Automotive Steering Angle Sensor Market
10.4.6.2.1 Saudi Arabia Automotive Steering Angle Sensor Market by Type
10.4.6.2.2 Saudi Arabia Automotive Steering Angle Sensor Market by Vehicle Type
10.4.6.2.3 Saudi Arabia Automotive Steering Angle Sensor Market by Application
10.4.6.3 U.A.E Automotive Steering Angle Sensor Market
10.4.6.3.1 U.A.E Automotive Steering Angle Sensor Market by Type
10.4.6.3.2 U.A.E Automotive Steering Angle Sensor Market by Vehicle Type
10.4.6.3.3 U.A.E Automotive Steering Angle Sensor Market by Application
10.4.6.4 Rest of Middle East and Africa Automotive Steering Angle Sensor Market
10.4.6.4.1 Rest of Middle East and Africa Automotive Steering Angle Sensor Market by Type
10.4.6.4.2 Rest of Middle East and Africa Automotive Steering Angle Sensor Market by Vehicle Type
10.4.6.4.3 Rest of Middle East and Africa Automotive Steering Angle Sensor Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Automotive Steering Angle Sensor Market Overview
10.5.2 South and Central America Automotive Steering Angle Sensor Market Forecasts and Analysis
10.5.3 South and Central America Automotive Steering Angle Sensor Market Forecasts and Analysis - By Type
10.5.4 South and Central America Automotive Steering Angle Sensor Market Forecasts and Analysis - By Vehicle Type
10.5.5 South and Central America Automotive Steering Angle Sensor Market Forecasts and Analysis - By Application
10.5.6 South and Central America Automotive Steering Angle Sensor Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Automotive Steering Angle Sensor Market
10.5.6.1.1 Brazil Automotive Steering Angle Sensor Market by Type
10.5.6.1.2 Brazil Automotive Steering Angle Sensor Market by Vehicle Type
10.5.6.1.3 Brazil Automotive Steering Angle Sensor Market by Application
10.5.6.2 Argentina Automotive Steering Angle Sensor Market
10.5.6.2.1 Argentina Automotive Steering Angle Sensor Market by Type
10.5.6.2.2 Argentina Automotive Steering Angle Sensor Market by Vehicle Type
10.5.6.2.3 Argentina Automotive Steering Angle Sensor Market by Application
10.5.6.3 Rest of South and Central America Automotive Steering Angle Sensor Market
10.5.6.3.1 Rest of South and Central America Automotive Steering Angle Sensor Market by Type
10.5.6.3.2 Rest of South and Central America Automotive Steering Angle Sensor Market by Vehicle Type
10.5.6.3.3 Rest of South and Central America Automotive Steering Angle Sensor Market by Application

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. AUTOMOTIVE STEERING ANGLE SENSOR MARKET, KEY COMPANY PROFILES
12.1. ACTIVE SENSORS
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BEI SENSORS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. BIMMERSCAN
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. DELPHI AUTO PARTS
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HELLA GMBH AND CO. KGAA
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. HIRAIN TECHNOLOGIES CO., LTD.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. NXP SEMICONDUCTORS
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ROBERT BOSCH GMBH
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. STANDARD MOTOR PRODUCTS, INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. TE CONNECTIVITY
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Active Sensors
2. BEI Sensors
3. Bimmerscan
4. Delphi Auto Parts
5. HELLA GmbH and Co. KGaA
6. HiRain Technologies Co., Ltd.
7. NXP Semiconductors
8. Robert Bosch GmbH
9. Standard Motor Products, Inc.
10. TE Connectivity

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Automotive Steering Angle Sensor Market