封面
市場調查報告書
商品編碼
1644111

全球汽車轉向系統市場

Automotive Steering Systems

出版日期: | 出版商: Global Industry Analysts, Inc. | 英文 273 Pages | 商品交期: 最快1-2個工作天內

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簡介目錄

預計到 2030 年全球汽車轉向系統市場規模將達到 420 億美元

2024 年全球汽車轉向系統市場規模估計為 363 億美元,預計到 2030 年將達到 420 億美元,2024 年至 2030 年的複合年成長率為 2.5%。電子動力方向盤是報告中分析的細分市場之一,預計複合年成長率為 2.7%,到分析期結束時將達到 257 億美元。在分析期內,電子液壓動力方向盤部分預計將以 2.3% 的複合年成長率成長。

美國市場規模估計為 98 億美元,而中國市場預計複合年成長率為 4.5%

預計 2024 年美國汽車轉向系統市值將達 98 億美元。中國是世界第二大經濟體,預計到 2030 年市場規模將達到 81 億美元,2024-2030 年分析期間的複合年成長率為 4.5%。其他值得注意的區域市場包括日本和加拿大,預計在分析期間的複合年成長率分別為 1.2% 和 2.2%。在歐洲,德國的複合年成長率預計為 1.6%。

全球汽車轉向系統市場 - 主要趨勢與促進因素摘要

為什麼先進的轉向系統對於現代車輛至關重要?

汽車轉向系統是汽車的基礎部件,直接影響汽車的操控性、穩定性及駕駛者的安全。傳統上,轉向系統是簡單的機械系統,但隨著汽車技術的進步,它們已經發展成為提供更強控制力、反應能力和便利性的複雜電子系統。現代汽車擁有多種轉向系統,包括液壓動力方向盤(HPS)、電動方向盤(EPS) 和電動液壓動力方向盤(EHPS),每個系統都旨在提高操控性和效率。由於 EPS 不需要消耗引擎功率的液壓泵,因此其燃油效率和適應性尤其受到歡迎。這些系統在確保平穩、靈敏的駕駛體驗方面發揮著至關重要的作用,尤其是在汽車變得越來越複雜和強大的情況下。

在安全和精確至關重要的時代,先進的轉向系統增加了額外的控制和保護層。隨著自動駕駛和半自動技術的興起,轉向系統的角色已經超越了基本控制。現代轉向系統現在包括車道維持輔助、停車輔助和穩定性控制等功能,允許車輛自主微調其轉向,從而提高安全性和便利性。此外,先進的轉向系統對於高性能和豪華車輛至關重要,因為精確的控制和駕駛舒適度是主要考慮因素。因此,轉向系統不再只是一個功能性零件,而已成為現代車輛整體駕駛體驗和安全架構不可或缺的一部分。

技術進步如何影響轉向系統市場?

技術進步正在極大地改變汽車轉向系統市場,推動從液壓到電動和自動轉向解決方案的轉變。電動方向盤(EPS) 處於這一轉變的最前沿,具有提高燃油經濟性、減輕重量和提高客製化程度等多種優勢。與傳統液壓系統不同,EPS 由馬達動力來源,可實現更精確的控制,並實現車道維持、自動停車等輔助功能。 EPS 還可與高級駕駛輔助系統 (ADAS) 無縫整合,使其成為希望添加自動和半自動駕駛功能的汽車製造商的首選。這些整合實現了自動轉向調整等功能,這對於自動駕駛應用至關重要。

另一個顯著的進步是線傳技術,它消除了方向盤和車輪之間的機械連接。相反,它使用電子控制來傳遞轉向輸入,從而縮短響應時間並實現更靈活的車輛設計。線傳系統透過減輕系統重量並允許根據駕駛條件和使用者偏好自訂轉向響應來提高燃油經濟性。此外,該技術還可以將轉向系統與潛在的物理干擾或故障隔離,從而提高安全性。結合人工智慧和機器學習,線傳系統可以適應駕駛員的行為和道路狀況,提供最佳化和個人化的駕駛體驗。

先進的轉向系統也受益於感測器技術和物聯網整合的創新。現代轉向系統現在能夠整合道路狀況、駕駛員輸入和車輛動態的即時資料,實現預測性維護並最佳化系統性能。這些智慧型系統可以偵測出磨損或故障的早期徵兆並向駕駛員發出警告,從而減少意外的維護成本。此外,支援物聯網的轉向系統可實現遠距離診斷和更新,這對車隊營運商來說尤其有價值。這些技術進步使得轉向系統更加智慧、更有高效,使其更適應連網和自動駕駛汽車的未來。

消費行為如何影響先進轉向系統的需求?

消費者對安全性、便利性和改善駕駛體驗的期望極大地影響了對先進轉向系統的需求。當今的消費者優先考慮具有直覺、平穩操控和自動化功能便利性的車輛。這種轉變促使汽車製造商採用先進的轉向系統,其中包括車道偏離警告、車道維持輔助和停車輔助等輔助技術,以滿足這些期望。由於安全仍然是購車者的首要考慮因素,尤其是在家庭和豪華汽車領域,他們越來越尋求能夠提高車輛穩定性和控制力的轉向系統。消費者越來越意識到轉向系統在確保安全和舒適方面的作用,從而激發了他們對電動和自動化系統的興趣。

在高檔汽車領域,消費者期望駕駛體驗具有高性能和先進的技術。豪華車買家對提供更可控、更靈敏和可自訂駕駛體驗的精密轉向系統的需求很高。此外,電動和混合動力汽車的普及正在影響消費者的行為,這些汽車往往配備先進的轉向系統,以符合其高科技和環保的形象。消費者青睞電動方向盤,因為它具有節省燃料和運作平穩等優點,這使得電動輔助轉向系統成為具有環保意識的買家的首選轉向技術。

隨著共用出行服務的趨勢日益成長,商業車隊營運商也將安全性和耐用性的轉向系統放在首位。車隊管理人員正在尋找能夠與遠端資訊處理無縫整合並實現遠端監控的系統。這有助於確保車輛的可靠性並降低維護成本。車隊營運商的這些需求將推動進一步採用可提供車輛操控即時資料和見解的連網和自我調整轉向解決方案。總體而言,消費者對安全性、性能和連接性的期望繼續推動汽車市場對先進、功能豐富的轉向系統的需求。

哪些因素推動了汽車轉向系統市場的成長?

汽車轉向系統市場的成長受到多種因素的推動,包括車輛安全技術的進步、電動車的普及以及對節油和環保零件的需求不斷成長。電動方向盤(EPS) 和線傳等技術的發展使得汽車製造商能夠設計出既能提高燃油效率又能減輕車輛重量的系統。這些系統不僅提高了效率,而且與自動駕駛和半自動駕駛技術高度整合,對於下一代汽車的發展至關重要。因此,隨著產業走向電氣化和自動化,EPS 和線傳轉向預計將繼續成長。

安全法規和消費者對更安全車輛的偏好進一步推動了對先進轉向系統的需求。世界各國政府都在實施嚴格的安全標準,要求現代轉向系統包含穩定控制、防鎖死煞車和車道維持輔助等功能。汽車製造商透過採用具有高級駕駛輔助 (ADAS) 功能的轉向系統來回應這些法規,這已成為許多市場的行業標準。此外,自動駕駛和車聯網技術的擴展凸顯了對能夠支援自動駕駛功能和即時資料交換的智慧、適應性轉向系統的需求。這些趨勢,加上對連網和資料驅動轉向系統日益成長的需求,正在推動市場大幅成長。

另一個成長動力是共用旅遊和商業車隊服務的興起,其中可靠性和減少維護是關鍵。車隊管理對能夠提供遠距離診斷和預測性維護功能的先進轉向系統有著很高的需求,以最大限度地減少停機時間並最佳化車輛利用率。此外,向環境永續組件和輕質材料的轉變為製造商提供創新、節能的解決方案創造了機會。隨著市場不斷適應最新的車輛設計和功能,監管變化、消費者需求、聯網技術的進步以及電動車和自動駕駛汽車的興起,推動了汽車轉向系統市場的強勁成長。 。

部分

動力方向盤(電子動力方向盤、電動液壓式動力方向盤、液壓動力方向盤);最終用戶(乘用車最終用戶、商用車最終用戶)

受訪企業範例(共39家)

  • Bosch Auto Parts
  • Bosch Mobility Solutions
  • Changhui Group
  • China Automotive Systems, Inc.
  • CRP Automotive, Inc.
  • GKN Automotive Limited
  • Global Steering Systems LLC
  • Hitachi Astemo Ltd.
  • HL Mando Corp.
  • Hyundai Mobis Co., Ltd.

目錄

第1章調查方法

第 2 章執行摘要

  • 市場概況
  • 主要企業
  • 市場趨勢和促進因素
  • 全球市場展望

第3章 市場分析

  • 美國
  • 加拿大
  • 日本
  • 中國
  • 歐洲
  • 法國
  • 德國
  • 義大利
  • 英國
  • 西班牙
  • 俄羅斯
  • 其他歐洲國家
  • 亞太地區
簡介目錄
Product Code: MCP25570

Global Automotive Steering Systems Market to Reach US$42.0 Billion by 2030

The global market for Automotive Steering Systems estimated at US$36.3 Billion in the year 2024, is expected to reach US$42.0 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2024-2030. Electronic Power Steering, one of the segments analyzed in the report, is expected to record a 2.7% CAGR and reach US$25.7 Billion by the end of the analysis period. Growth in the Electro Hydraulic Power Steering segment is estimated at 2.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$9.8 Billion While China is Forecast to Grow at 4.5% CAGR

The Automotive Steering Systems market in the U.S. is estimated at US$9.8 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$8.1 Billion by the year 2030 trailing a CAGR of 4.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.2% and 2.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Global Automotive Steering Systems Market – Key Trends & Drivers Summarized

Why Are Advanced Steering Systems Crucial for Modern Vehicles?

Automotive steering systems are fundamental components that directly impact vehicle handling, stability, and driver safety. Traditionally, steering systems were simple mechanical systems, but with advances in automotive technology, they have evolved into complex electronic systems that offer superior control, responsiveness, and convenience. Steering systems in modern vehicles now include various types, such as hydraulic power steering (HPS), electric power steering (EPS), and electro-hydraulic power steering (EHPS), each designed to provide improved handling and efficiency. EPS, in particular, has gained popularity due to its fuel efficiency and adaptability, as it removes the need for a hydraulic pump, which can consume engine power. These systems play a critical role in ensuring a smooth and responsive driving experience, particularly as vehicles become more complex and powerful.

In an era where safety and precision are paramount, advanced steering systems provide additional layers of control and protection. With the rise of autonomous and semi-autonomous driving technologies, the role of steering systems has expanded beyond basic control. Modern steering systems are now equipped with features like lane-keeping assist, parking assist, and stability control that allow the vehicle to make minor steering adjustments autonomously, enhancing both safety and convenience. Additionally, advanced steering systems are essential in high-performance and luxury vehicles, where precision control and driver comfort are key priorities. As such, steering systems are no longer just functional components but integral to the overall driving experience and safety architecture of modern vehicles.

How Are Technological Advancements Shaping the Steering Systems Market?

Technological advancements have significantly reshaped the automotive steering systems market, driving a shift from hydraulic to electric and automated steering solutions. Electric Power Steering (EPS) is at the forefront of this transformation, offering several benefits, including improved fuel efficiency, reduced weight, and enhanced customization. Unlike traditional hydraulic systems, EPS is powered by an electric motor, allowing for more precise control and making it adaptable to assistive features like lane-keeping and automatic parking. EPS also integrates seamlessly with advanced driver assistance systems (ADAS), making it the preferred choice for automakers looking to incorporate autonomous and semi-autonomous capabilities. These integrations enable features such as automatic steering adjustments, which are essential in autonomous driving applications.

Another notable advancement is steer-by-wire technology, which eliminates the mechanical connection between the steering wheel and the wheels. Instead, it uses electronic controls to relay steering inputs, allowing for faster response times and enabling more flexible vehicle design. Steer-by-wire systems improve fuel efficiency by reducing the system's weight and offering more customizable steering responses based on driving conditions or user preferences. Furthermore, this technology can enhance safety by isolating the steering system from potential physical disruptions or malfunctions. Combined with AI and machine learning, steer-by-wire systems can adapt to driver behavior and road conditions, providing an optimized and personalized driving experience.

Advanced steering systems also benefit from innovations in sensor technology and IoT integration. Modern steering systems can now incorporate real-time data on road conditions, driver inputs, and vehicle dynamics, enabling predictive maintenance and optimizing system performance. These smart systems can detect early signs of wear and malfunction, alerting the driver and reducing unexpected maintenance costs. Additionally, IoT-enabled steering systems allow for remote diagnostics and updates, which is particularly valuable for fleet operators. These technological advancements are making steering systems smarter, more efficient, and better aligned with the future of connected and autonomous vehicles.

How Is Consumer Behavior Influencing the Demand for Advanced Steering Systems?

Consumer expectations for safety, convenience, and enhanced driving experiences are significantly shaping the demand for advanced steering systems. Today’s consumers prioritize vehicles that offer intuitive, smooth handling, and the convenience of automated features. This shift has led automakers to adopt advanced steering systems that include assistive technologies such as lane departure warning, lane-keeping assist, and parking assist to meet these expectations. As safety remains a top priority for vehicle buyers, particularly in family and luxury segments, steering systems that enhance vehicle stability and control are increasingly valued. Consumers are more aware of the role of steering systems in ensuring safety and comfort, which has spurred interest in electric and automated systems.

In the premium vehicle segment, consumers expect high performance and advanced technology in their driving experience. Precision steering systems that offer a more controlled, responsive, and customizable ride are in high demand among luxury vehicle buyers. Additionally, the rise in electric and hybrid vehicle adoption has influenced consumer behavior, as these vehicles often come equipped with advanced steering systems that align with their high-tech, eco-friendly image. Consumers are drawn to electric power steering for its fuel-saving potential and smoother operation, which has reinforced EPS as the preferred steering technology among environmentally conscious buyers.

With the growing trend of shared mobility services, commercial fleet operators are also prioritizing steering systems that offer safety and durability. Fleet managers look for systems that integrate seamlessly with telematics and allow for remote monitoring, as this helps ensure vehicle reliability and reduces maintenance costs. This demand from fleet operators further drives the adoption of connected and adaptive steering solutions that provide real-time data and insights into vehicle handling. Altogether, consumer expectations for safety, performance, and connectivity continue to drive demand for sophisticated and feature-rich steering systems in the automotive market.

What Factors Are Driving Growth in the Automotive Steering Systems Market?

The growth in the automotive steering systems market is driven by several factors, including advancements in vehicle safety technology, increased adoption of electric vehicles, and rising demand for fuel-efficient and environmentally friendly components. Technological developments, such as electric power steering (EPS) and steer-by-wire, have enabled automakers to design systems that improve fuel efficiency while reducing weight, which is especially relevant in electric and hybrid vehicles. These systems not only enhance efficiency but also integrate well with autonomous and semi-autonomous driving technologies, making them essential in the development of next-generation vehicles. As a result, EPS and steer-by-wire are expected to continue growing as the industry moves toward electrification and automation.

Safety regulations and consumer preferences for safer vehicles are further propelling the demand for advanced steering systems. Governments worldwide have introduced stringent safety standards that require modern steering systems to include features such as stability control, anti-lock braking, and lane-keeping assist. Automakers are responding to these regulations by incorporating steering systems with advanced driver assistance capabilities, making them an industry standard in many markets. Additionally, the expansion of autonomous and connected vehicle technology emphasizes the need for smart, adaptable steering systems that can support self-driving functionalities and real-time data exchange. These trends, combined with the increasing demand for connected and data-driven steering systems, are driving significant growth in the market.

Another driver of growth is the rise in shared mobility and commercial fleet services, where reliability and reduced maintenance are critical. Advanced steering systems that can provide remote diagnostics and predictive maintenance capabilities are in high demand within fleet management, as these features minimize downtime and optimize vehicle use. Additionally, the shift towards environmentally sustainable components and lightweight materials has created opportunities for manufacturers to innovate and offer energy-efficient solutions. Together, these factors—spanning regulatory changes, consumer demand, advancements in connected technology, and the expansion of electric and autonomous vehicles—are fueling robust growth in the automotive steering systems market, positioning it as a vital component in modern vehicle design and functionality.

SCOPE OF STUDY:

The report analyzes the Automotive Steering Systems market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:

Power Steering (Electronic Power Steering, Electro Hydraulic Power Steering, Hydraulic Power Steering); End-Use (Passenger Cars End-Use, Commercial Vehicles End-Use)

Geographic Regions/Countries:

World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 39 Featured) -

  • Bosch Auto Parts
  • Bosch Mobility Solutions
  • Changhui Group
  • China Automotive Systems, Inc.
  • CRP Automotive, Inc.
  • GKN Automotive Limited
  • Global Steering Systems LLC
  • Hitachi Astemo Ltd.
  • HL Mando Corp.
  • Hyundai Mobis Co., Ltd.

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • Automotive Steering Systems - Global Key Competitors Percentage Market Share in 2024 (E)
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Rising Consumer Demand for Enhanced Vehicle Maneuverability and Precision Drives Innovation in Advanced Steering System Technologies
    • Increasing Adoption of Electric Power Steering (EPS) Systems in Passenger and Commercial Vehicles Propels Growth in the Automotive Steering Market
    • Shift Towards Autonomous and Semi-Autonomous Vehicles Spurs Development of Steer-By-Wire Systems for Improved Control and Safety
    • Growing Focus on Fuel Efficiency and Reduction of Vehicle Emissions Expands Adoption of Lightweight Electric Steering Systems
    • Demand for Enhanced Driver Comfort and Safety Features Drives Integration of Adaptive Steering Technologies in Modern Vehicles
    • Increasing Use of Artificial Intelligence (AI) and Machine Learning in Steering Systems Strengthens Driver Assistance Capabilities and Enhances Vehicle Control
    • Expanding Popularity of Electric Vehicles (EVs) and Hybrid Vehicles Spurs Demand for EPS Systems Optimized for Low-Noise, Energy-Efficient Performance
    • Rising Awareness of Road Safety and Vehicle Stability Drives Adoption of Advanced Steering Technologies with Enhanced Precision and Control
    • Integration of Sensor-Based Steering Assistance Technologies, Including Lane-Keeping Assist and Lane-Centering, Expands Market for Advanced Driver Assistance Systems (ADAS)
    • Increasing Consumer Demand for Customizable Driving Experiences Drives Adoption of Variable Steering Ratio and Adjustable Steering Systems
    • Development of Compact, Lightweight Steering Systems Using High-Strength Materials Supports Growth in the Automotive Steering Market
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World Automotive Steering Systems Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for Automotive Steering Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 3: World Historic Review for Automotive Steering Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 4: World 15-Year Perspective for Automotive Steering Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2025 & 2030
    • TABLE 5: World Recent Past, Current & Future Analysis for Electronic Power Steering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 6: World Historic Review for Electronic Power Steering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 7: World 15-Year Perspective for Electronic Power Steering by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
    • TABLE 8: World Recent Past, Current & Future Analysis for Electro Hydraulic Power Steering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 9: World Historic Review for Electro Hydraulic Power Steering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 10: World 15-Year Perspective for Electro Hydraulic Power Steering by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
    • TABLE 11: World Recent Past, Current & Future Analysis for Hydraulic Power Steering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 12: World Historic Review for Hydraulic Power Steering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 13: World 15-Year Perspective for Hydraulic Power Steering by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
    • TABLE 14: World Recent Past, Current & Future Analysis for Passenger Cars End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 15: World Historic Review for Passenger Cars End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 16: World 15-Year Perspective for Passenger Cars End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
    • TABLE 17: World Recent Past, Current & Future Analysis for Commercial Vehicles End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 18: World Historic Review for Commercial Vehicles End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 19: World 15-Year Perspective for Commercial Vehicles End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • Automotive Steering Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
    • TABLE 20: USA Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 21: USA Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 22: USA 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 23: USA Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 24: USA Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 25: USA 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • CANADA
    • TABLE 26: Canada Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 27: Canada Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 28: Canada 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 29: Canada Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 30: Canada Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 31: Canada 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • JAPAN
    • Automotive Steering Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
    • TABLE 32: Japan Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 33: Japan Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 34: Japan 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 35: Japan Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 36: Japan Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 37: Japan 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • CHINA
    • Automotive Steering Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
    • TABLE 38: China Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 39: China Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 40: China 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 41: China Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 42: China Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 43: China 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • EUROPE
    • Automotive Steering Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
    • TABLE 44: Europe Recent Past, Current & Future Analysis for Automotive Steering Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 45: Europe Historic Review for Automotive Steering Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 46: Europe 15-Year Perspective for Automotive Steering Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2015, 2025 & 2030
    • TABLE 47: Europe Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 48: Europe Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 49: Europe 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 50: Europe Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 51: Europe Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 52: Europe 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • FRANCE
    • Automotive Steering Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
    • TABLE 53: France Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 54: France Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 55: France 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 56: France Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 57: France Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 58: France 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • GERMANY
    • Automotive Steering Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
    • TABLE 59: Germany Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 60: Germany Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 61: Germany 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 62: Germany Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 63: Germany Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 64: Germany 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • ITALY
    • TABLE 65: Italy Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 66: Italy Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 67: Italy 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 68: Italy Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 69: Italy Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 70: Italy 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • UNITED KINGDOM
    • Automotive Steering Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
    • TABLE 71: UK Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 72: UK Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 73: UK 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 74: UK Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 75: UK Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 76: UK 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • SPAIN
    • TABLE 77: Spain Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 78: Spain Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 79: Spain 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 80: Spain Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 81: Spain Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 82: Spain 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • RUSSIA
    • TABLE 83: Russia Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 84: Russia Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 85: Russia 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 86: Russia Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 87: Russia Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 88: Russia 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • REST OF EUROPE
    • TABLE 89: Rest of Europe Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 90: Rest of Europe Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 91: Rest of Europe 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 92: Rest of Europe Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 93: Rest of Europe Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 94: Rest of Europe 15-Year Perspective for Automotive Steering Systems by End-Use - Percentage Breakdown of Value Sales for Passenger Cars End-Use and Commercial Vehicles End-Use for the Years 2015, 2025 & 2030
  • ASIA-PACIFIC
    • Automotive Steering Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
    • TABLE 95: Asia-Pacific Recent Past, Current & Future Analysis for Automotive Steering Systems by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
    • TABLE 96: Asia-Pacific Historic Review for Automotive Steering Systems by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 97: Asia-Pacific 15-Year Perspective for Automotive Steering Systems by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2015, 2025 & 2030
    • TABLE 98: Asia-Pacific Recent Past, Current & Future Analysis for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 99: Asia-Pacific Historic Review for Automotive Steering Systems by Power Steering - Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
    • TABLE 100: Asia-Pacific 15-Year Perspective for Automotive Steering Systems by Power Steering - Percentage Breakdown of Value Sales for Electronic Power Steering, Electro Hydraulic Power Steering and Hydraulic Power Steering for the Years 2015, 2025 & 2030
    • TABLE 101: Asia-Pacific Recent Past, Current & Future Analysis for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
    • TABLE 102: Asia-Pacific Historic Review for Automotive Steering Systems by End-Use - Passenger Cars End-Use and Commercial Vehicles End-Use Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR