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AUTOMOTIVE STEERING TORQUE SENSORS MARKET ANALYSIS

Automotive Steering Torque Sensors Market, By Application (Passenger Cars, Commercial Vehicles), By Sales Channel (Original Equipment Manufacturer, After Market ), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Regional Analysis

Automotive Steering Torque Sensors Market: Regional Insights

Asia Pacific held dominant position in the Automotive Steering Torque Sensors market in 2022, accounting for 39.4% share in terms of value, followed by North America and Europe.

North America is a significant market for automotive steering torque sensors, driven by the presence of a well-established automotive industry and a high demand for advanced safety features. The region's focus on vehicle electrification, autonomous driving, and stringent safety regulations contributes to the growth of the market. The United States and Canada are key countries within this region, with several automotive manufacturers and technological advancements.

  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa

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