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Global Automotive Steering Market Research Report 2025
Synopsis
Automotive steering is the basis of a vehicle's control over motion.
The global Automotive Steering market was valued at US$ 26570 million in 2023 and is anticipated to reach US$ 33850 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Automotive Steering, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Steering.
Report Scope
The Automotive Steering market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Steering market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Steering manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ThyssenKrupp (Germany)
HUAYU Automotive Systems (China)
Eaton (USA)
JTEKT (Japan)
Hitachi Automotive Systems (Japan)
American Axle & Manufacturing Holdings (USA)
CIE Automotive (Spain)
KYB (Japan)
SHOWA (Japan)
Dongfeng Motor Parts And Components Group (China)
Wanxiang Qianchao (China)
Beijing Hainachuan Automotive Parts (China)
Segment by Type
Electric Power Steering
Hydraulic Power Steering
Others
Segment by Application
Passenger Cars
Commercial Vehicles
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automotive Steering manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automotive Steering by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automotive Steering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Automotive steering is the basis of a vehicle's control over motion.
The global Automotive Steering market was valued at US$ 26570 million in 2023 and is anticipated to reach US$ 33850 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Automotive Steering, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Steering.
Report Scope
The Automotive Steering market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Steering market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Steering manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ThyssenKrupp (Germany)
HUAYU Automotive Systems (China)
Eaton (USA)
JTEKT (Japan)
Hitachi Automotive Systems (Japan)
American Axle & Manufacturing Holdings (USA)
CIE Automotive (Spain)
KYB (Japan)
SHOWA (Japan)
Dongfeng Motor Parts And Components Group (China)
Wanxiang Qianchao (China)
Beijing Hainachuan Automotive Parts (China)
Segment by Type
Electric Power Steering
Hydraulic Power Steering
Others
Segment by Application
Passenger Cars
Commercial Vehicles
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automotive Steering manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automotive Steering by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automotive Steering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Automotive Steering Market Overview
1.1 Product Definition
1.2 Automotive Steering Segment by Type
1.2.1 Global Automotive Steering Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Electric Power Steering
1.2.3 Hydraulic Power Steering
1.2.4 Others
1.3 Automotive Steering Segment by Application
1.3.1 Global Automotive Steering Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Cars
1.3.3 Commercial Vehicles
1.4 Global Market Growth Prospects
1.4.1 Global Automotive Steering Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Automotive Steering Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Automotive Steering Production Estimates and Forecasts (2019-2030)
1.4.4 Global Automotive Steering Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Automotive Steering Production Market Share by Manufacturers (2019-2024)
2.2 Global Automotive Steering Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Automotive Steering, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Automotive Steering Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Automotive Steering Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Automotive Steering, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Automotive Steering, Product Offered and Application
2.8 Global Key Manufacturers of Automotive Steering, Date of Enter into This Industry
2.9 Automotive Steering Market Competitive Situation and Trends
2.9.1 Automotive Steering Market Concentration Rate
2.9.2 Global 5 and 10 Largest Automotive Steering Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Automotive Steering Production by Region
3.1 Global Automotive Steering Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Automotive Steering Production Value by Region (2019-2030)
3.2.1 Global Automotive Steering Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Automotive Steering by Region (2025-2030)
3.3 Global Automotive Steering Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Automotive Steering Production by Region (2019-2030)
3.4.1 Global Automotive Steering Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Automotive Steering by Region (2025-2030)
3.5 Global Automotive Steering Market Price Analysis by Region (2019-2024)
3.6 Global Automotive Steering Production and Value, Year-over-Year Growth
3.6.1 North America Automotive Steering Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Automotive Steering Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Automotive Steering Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Automotive Steering Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Automotive Steering Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Automotive Steering Production Value Estimates and Forecasts (2019-2030)
4 Automotive Steering Consumption by Region
4.1 Global Automotive Steering Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Automotive Steering Consumption by Region (2019-2030)
4.2.1 Global Automotive Steering Consumption by Region (2019-2024)
4.2.2 Global Automotive Steering Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Automotive Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Automotive Steering Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Automotive Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Automotive Steering Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Automotive Steering Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Automotive Steering Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Automotive Steering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Automotive Steering Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Automotive Steering Production by Type (2019-2030)
5.1.1 Global Automotive Steering Production by Type (2019-2024)
5.1.2 Global Automotive Steering Production by Type (2025-2030)
5.1.3 Global Automotive Steering Production Market Share by Type (2019-2030)
5.2 Global Automotive Steering Production Value by Type (2019-2030)
5.2.1 Global Automotive Steering Production Value by Type (2019-2024)
5.2.2 Global Automotive Steering Production Value by Type (2025-2030)
5.2.3 Global Automotive Steering Production Value Market Share by Type (2019-2030)
5.3 Global Automotive Steering Price by Type (2019-2030)
6 Segment by Application
6.1 Global Automotive Steering Production by Application (2019-2030)
6.1.1 Global Automotive Steering Production by Application (2019-2024)
6.1.2 Global Automotive Steering Production by Application (2025-2030)
6.1.3 Global Automotive Steering Production Market Share by Application (2019-2030)
6.2 Global Automotive Steering Production Value by Application (2019-2030)
6.2.1 Global Automotive Steering Production Value by Application (2019-2024)
6.2.2 Global Automotive Steering Production Value by Application (2025-2030)
6.2.3 Global Automotive Steering Production Value Market Share by Application (2019-2030)
6.3 Global Automotive Steering Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ThyssenKrupp (Germany)
7.1.1 ThyssenKrupp (Germany) Automotive Steering Corporation Information
7.1.2 ThyssenKrupp (Germany) Automotive Steering Product Portfolio
7.1.3 ThyssenKrupp (Germany) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ThyssenKrupp (Germany) Main Business and Markets Served
7.1.5 ThyssenKrupp (Germany) Recent Developments/Updates
7.2 HUAYU Automotive Systems (China)
7.2.1 HUAYU Automotive Systems (China) Automotive Steering Corporation Information
7.2.2 HUAYU Automotive Systems (China) Automotive Steering Product Portfolio
7.2.3 HUAYU Automotive Systems (China) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.2.4 HUAYU Automotive Systems (China) Main Business and Markets Served
7.2.5 HUAYU Automotive Systems (China) Recent Developments/Updates
7.3 Eaton (USA)
7.3.1 Eaton (USA) Automotive Steering Corporation Information
7.3.2 Eaton (USA) Automotive Steering Product Portfolio
7.3.3 Eaton (USA) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Eaton (USA) Main Business and Markets Served
7.3.5 Eaton (USA) Recent Developments/Updates
7.4 JTEKT (Japan)
7.4.1 JTEKT (Japan) Automotive Steering Corporation Information
7.4.2 JTEKT (Japan) Automotive Steering Product Portfolio
7.4.3 JTEKT (Japan) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.4.4 JTEKT (Japan) Main Business and Markets Served
7.4.5 JTEKT (Japan) Recent Developments/Updates
7.5 Hitachi Automotive Systems (Japan)
7.5.1 Hitachi Automotive Systems (Japan) Automotive Steering Corporation Information
7.5.2 Hitachi Automotive Systems (Japan) Automotive Steering Product Portfolio
7.5.3 Hitachi Automotive Systems (Japan) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hitachi Automotive Systems (Japan) Main Business and Markets Served
7.5.5 Hitachi Automotive Systems (Japan) Recent Developments/Updates
7.6 American Axle & Manufacturing Holdings (USA)
7.6.1 American Axle & Manufacturing Holdings (USA) Automotive Steering Corporation Information
7.6.2 American Axle & Manufacturing Holdings (USA) Automotive Steering Product Portfolio
7.6.3 American Axle & Manufacturing Holdings (USA) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.6.4 American Axle & Manufacturing Holdings (USA) Main Business and Markets Served
7.6.5 American Axle & Manufacturing Holdings (USA) Recent Developments/Updates
7.7 CIE Automotive (Spain)
7.7.1 CIE Automotive (Spain) Automotive Steering Corporation Information
7.7.2 CIE Automotive (Spain) Automotive Steering Product Portfolio
7.7.3 CIE Automotive (Spain) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.7.4 CIE Automotive (Spain) Main Business and Markets Served
7.7.5 CIE Automotive (Spain) Recent Developments/Updates
7.8 KYB (Japan)
7.8.1 KYB (Japan) Automotive Steering Corporation Information
7.8.2 KYB (Japan) Automotive Steering Product Portfolio
7.8.3 KYB (Japan) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.8.4 KYB (Japan) Main Business and Markets Served
7.7.5 KYB (Japan) Recent Developments/Updates
7.9 SHOWA (Japan)
7.9.1 SHOWA (Japan) Automotive Steering Corporation Information
7.9.2 SHOWA (Japan) Automotive Steering Product Portfolio
7.9.3 SHOWA (Japan) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.9.4 SHOWA (Japan) Main Business and Markets Served
7.9.5 SHOWA (Japan) Recent Developments/Updates
7.10 Dongfeng Motor Parts And Components Group (China)
7.10.1 Dongfeng Motor Parts And Components Group (China) Automotive Steering Corporation Information
7.10.2 Dongfeng Motor Parts And Components Group (China) Automotive Steering Product Portfolio
7.10.3 Dongfeng Motor Parts And Components Group (China) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Dongfeng Motor Parts And Components Group (China) Main Business and Markets Served
7.10.5 Dongfeng Motor Parts And Components Group (China) Recent Developments/Updates
7.11 Wanxiang Qianchao (China)
7.11.1 Wanxiang Qianchao (China) Automotive Steering Corporation Information
7.11.2 Wanxiang Qianchao (China) Automotive Steering Product Portfolio
7.11.3 Wanxiang Qianchao (China) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Wanxiang Qianchao (China) Main Business and Markets Served
7.11.5 Wanxiang Qianchao (China) Recent Developments/Updates
7.12 Beijing Hainachuan Automotive Parts (China)
7.12.1 Beijing Hainachuan Automotive Parts (China) Automotive Steering Corporation Information
7.12.2 Beijing Hainachuan Automotive Parts (China) Automotive Steering Product Portfolio
7.12.3 Beijing Hainachuan Automotive Parts (China) Automotive Steering Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Beijing Hainachuan Automotive Parts (China) Main Business and Markets Served
7.12.5 Beijing Hainachuan Automotive Parts (China) Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Automotive Steering Industry Chain Analysis
8.2 Automotive Steering Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Automotive Steering Production Mode & Process
8.4 Automotive Steering Sales and Marketing
8.4.1 Automotive Steering Sales Channels
8.4.2 Automotive Steering Distributors
8.5 Automotive Steering Customers
9 Automotive Steering Market Dynamics
9.1 Automotive Steering Industry Trends
9.2 Automotive Steering Market Drivers
9.3 Automotive Steering Market Challenges
9.4 Automotive Steering Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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