Automotive Angular Position Sensor Market by Sensor Technology (Capacitive Sensors, Hall Effect Sensors, Inductive Sensors), Measurement Range (Narrow Range Sensors, Wide Range Sensors), Mounting Type, Vehicle Type, Application - Global Forecast 2024-2030

Automotive Angular Position Sensor Market by Sensor Technology (Capacitive Sensors, Hall Effect Sensors, Inductive Sensors), Measurement Range (Narrow Range Sensors, Wide Range Sensors), Mounting Type, Vehicle Type, Application - Global Forecast 2024-2030

The Automotive Angular Position Sensor Market size was estimated atUSD 1.99 billion in 2023 and expected to reachUSD 2.09 billion in 2024, at aCAGR 5.37% to reachUSD 2.87 billion by 2030.

An automotive angular position sensor is a critical component in modern vehicles, accurately measuring and reporting the angle or rotation of various vehicular parts. This sensor type operates by detecting the orientation of an object, typically about a fixed point or axis, and converting this positional information into an electrical signal, processed by the vehicle's electronic control unit (ECU). Utilized extensively in systems such as steering, pedal position monitoring, and gear selection, these sensors ensure optimal performance, safety, and efficiency by facilitating precise control over the vehicle's operational aspects. Their adaptability and precision make them indispensable in the automotive industry, supporting advanced functions ranging from basic vehicle operations to the complex demands of autonomous driving technologies. Increased awareness and demand for safety features and fuel efficiency in vehicle propels have primarily boosted the adoption of these sensors in automotives. Moreover, the advent of advanced driver-assistance systems (ADAS) and the push towards autonomous vehicles necessitate precise sensing of the vehicle's environment, where angular position sensors play a critical role. Furthermore, regulations on vehicle safety and emissions standards have compelled automotive manufacturers to integrate more sensors, including angular position sensors, to meet these regulations. However, the sensitivity of these sensors to environmental factors, potentially affecting their performance, may challenge the market's growth. Nevertheless, integration with IoT and autonomous vehicles for enhanced vehicle diagnostics and driver assistance systems may provide lucrative opportunities for more adoption of angular position sensors in automotives.

Regional Insights

The automotive angular position sensor market in the Americas is witnessing robust growth due to the increasing demand for advanced driver-assistance systems (ADAS) and the surging adoption of electric vehicles (EVs). The United States stands out as a significant market within this region, driven by technological advancements and the presence of key automotive manufacturers and technology providers. The demand for these sensors in the Americas is also getting a boost from the regulatory mandates related to vehicle safety and emissions, which require precise sensor data for their operations. Furthermore, the region sees a growing inclination towards smart and autonomous vehicles, necessitating sophisticated sensing technologies, including angular position sensors. Europe is leading in the EMEA due to its strong automotive manufacturing base and high adoption rate of new technologies. Stringent environmental and safety regulations in the European Union drive the need for high-quality sensors. Asia Pacific exhibits the fastest growth owing to its booming automotive industry, especially in China, India, and Japan. The region benefits from several major automotive sensor manufacturers, low manufacturing costs, and increasing investments in automotive technology development. China, being the world's largest automotive market, plays a pivotal role in driving the demand for automotive sensors in the face of an aggressive push toward electric vehicles and intelligent transportation systems. Furthermore, innovative measures by governments in the region to penetrate the adoption of electric vehicles are expected to contribute significantly to market growth.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Automotive Angular Position Sensor Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increasing demand for sophisticated and safer automotive system
• Advent of advanced driver-assistance systems (ADAS)

Market Restraints

• High initial investments and complexity in design and implementation

Market Opportunities

• Increasing penetration of electric vehicles (EVs)
• Evolution towards fully autonomous driving systems

Market Challenges

• Integration issues with existing automotive architectures and cybersecurity threats

Market Segmentation Analysis

• Sensor Technology: Suitability of capacitive sensors in harsh environment conditions owing to their high reliability and durability
• Vehicle Type: proliferation of angular position sensors in passenger car to enhance driving experience

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automotive Angular Position Sensor Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automotive Angular Position Sensor Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Infineon Launch the XENSIV TLI5590-A6W Magnetic Position Sensor

Infineon Technologies AG introduced the XENSIV TLI5590-A6W magnetic position sensor, leveraging their longstanding expertise in magnetic position sensors along with their pioneering linearized tunnel magnetoresistance (TMR) technology. This avant-garde sensor, featuring a compact wafer-level package, is optimally designed for linear and angular incremental position detection, making it a versatile replacement for optical encoders and resolvers. Certified under the JEDEC standard JESD47K, it is suitable for various industrial and consumer applications, including precision lens positioning in cameras for zoom and focus adjustments. The TLI5590 stands out for its ultra-high sensitivity, low jitter, and minimal power consumption.

TDK releases new ASIL C ready stray-field robust 3D HAL sensors for Automotive and Industrial applications

TDK Corporation enhanced its Micronas 3D HAL position sensor lineup with the introduction of the HAL 3930-4100 and HAR 3930-4100 models, designed to cater to both automotive and industrial applications. These cutting-edge sensors deliver precision in position detection while featuring advanced stray-field compensation. Their design incorporates flexible digital output options, including PWM or SENT interfaces, alongside a unique switch output offering high/low-side configurations based on position data or other metrics such as temperature or magnetic field strength. With applications ranging from steering and transmission position detection to pedal positioning, TDK promises enhanced adaptability and reliability.

Renesas Launches Induction Motor Position Sensing Technology

Renesas Electronics Corporation introduced inductive position sensor (IPS) technology, poised to transform the realm of motor position sensors with its highly accurate Integrated Circuits (ICs) tailored for robotics, industrial, and medical sectors. This groundbreaking technology leverages non-contact coil sensors embedded in a PCB, detecting a metallic target's position. Its lightweight, non-magnet-based design facilitates operation at impressive speeds of up to 600 Krpm (electrical), with a minimal propagation delay under 2μs and instant position detection upon startup.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automotive Angular Position Sensor Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Automotive Angular Position Sensor Market, highlighting leading vendors and their innovative profiles. These include Allegro MicroSystems, Inc., Ams AG, ams-OSRAM AG, Bourns, Inc., Broadcom Inc., Continental AG, Hans Turck GmbH & Co. KG, HEIDENHAIN, HELLA GmbH & Co. KGaA, Honeywell International Inc., IFM electronic gmbh, Infineon Technologies, Ixthus by discoverIE plc, Monolithic Power Systems, Inc., MTS Systems Corporation, Novotechnik U.S. Inc., PIHER SENSORS AND CONTROLS SA., Renishaw plc, Robert Bosch GmbH, Sensor Solutions Corp., SICK AG, STMicroelectronics, TDK Corporation, TE Connectivity, and Vishay Intertechnology.

Market Segmentation & Coverage

This research report categorizes the Automotive Angular Position Sensor Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Sensor Technology
• Capacitive Sensors
• Hall Effect Sensors
• Inductive Sensors
• Magnetoresistive Sensors
• Optical Sensors
• Potentiometric Sensors
• Measurement Range
• Narrow Range Sensors
• Wide Range Sensors
• Mounting Type
• Non-Contact Sensors
• Shaft-Mounted Sensors
• Vehicle Type
• Commercial Vehicles
• Passenger Cars
• Application
• Engine Valve Position Sensing
• Pedal Position Sensing
• Steering Angle Sensing
• Suspension System Position Sensing
• Throttle Position Sensing
• Transmission Gear Position Sensing
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year