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Electric Power Steering (EPS) Sensor Analysis Report ：the market size is projected to grow from USD 945 million in 2024 to USD 1231 million by 2031
According to the new market research report "Electric Power Steering (EPS) Sensor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031", published by QYResearch, the global Electric Power Steering (EPS) Sensor market size is projected to grow from USD 945 million in 2024 to USD 1231 million by 2031, at a CAGR of 3.4% during the forecast period.
The electric power steering (EPS) torque sensor is a device used to measure the steering torque of a vehicle. It is an important component of the EPS system, used to monitor the torque applied by the driver to the steering wheel and transmit these signals to the EPS control unit.
EPS torque sensors usually use technologies such as piezoelectric sensors or strain gauges to measure torque. When the driver applies torque, the sensor generates a corresponding electrical signal and converts it into a digital signal so that the EPS control unit can process and respond.
The role of the EPS torque sensor is to provide accurate steering torque information so that the EPS system can provide appropriate assistance according to the driver's intention. By monitoring the steering torque, the EPS system can adjust the steering assistance in real time to meet the needs of different driving conditions, such as low-speed cornering and high-speed driving.
Figure00001. Global Electric Power Steering (EPS) Sensor Market Size (US$ Million), 2020-2031
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Source: QYResearch, "Electric Power Steering (EPS) Sensor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
Figure00002. Global Electric Power Steering (EPS) Sensor Top 5 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updatedSensor1.webp)
Source: QYResearch, "Electric Power Steering (EPS) Sensor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
The representative players in global Electric Power Steering (EPS) Sensor market are Valeo, Forvia, Bourns, Inc, HL Klemove and Denso, accounting for 94.82% market share in terms of revenues in 2024. The market concentration rate is high.
About The Authors
Chaoqun Ma
Email: machaoqun@qyresearch.com
Tel: +86-15101526754
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