AUTOMOTIVE STEERING TORQUE SENSORS MARKET ANALYSIS

Market News

Automotive Steering Torque Sensors Market: Key Developments

Major market players are focusing on product launches in order to enhance their product portfolio. For instance, in May 2022, Nexteer Automotive and Continental AG have collaboratively expanded their portfolio with two novel software functions that serve as supplementary safety measures for Electric Power Steering (EPS) and Steer-by-Wire (SBW) systems. These software functions are designed to be applicable to all variants of EPS and SBW systems and are compatible with driving automation levels ranging from 1 to 5.

In October 2021, Nexteer Automotive has introduced the modular column-assist electric power steering (mCEPS) system as an expansion to its existing electric power steering (EPS) lineup. This newly added system aims to cater to the requirements of various original equipment manufacturers (OEMs). Nexteer has developed high-performance torque and rotation angle sensors specifically tailored to offer exceptional noise, vibration, and harshness (NVH) characteristics. These sensors ensure a refined and accurate steering experience, enhancing driver connectivity and road feedback in a seamless manner.

In July 2021, UD Trucks Corp. has made an announcement regarding the introduction of UD Active Steering, an innovative technology aimed at significantly improving steering accuracy and driver comfort. This advanced system will be available in Japan specifically for heavy-duty flagship Quon models. UD Active Steering incorporates an electric motor positioned above the hydraulic steering gear, providing supplementary torque as required. The electric motor's electronic control unit (ECU) receives input from various sensors distributed throughout the truck at regular intervals of 2,000 seconds. This facilitates continuous monitoring of both the driving environment and the driver's actions.

In December 2021, ZF has acquired a controlling stake in the Rane TRW Steering Systems joint venture in collaboration with the Rane Group. In an effort to streamline its operations within the Indian market, the newly formed joint venture, known as ZF Rane Automotive India, will focus on the production of steering systems specifically designed for commercial vehicles. This strategic consolidation aims to enhance ZF's presence in the Indian automotive industry and further strengthen its market position.