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.
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