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Global Automotive Steering System Market Analysis & Trends - Industry Forecast to 2025

Global Automotive Steering System Market Analysis & Trends - Industry Forecast to 2025

The Global Automotive Steering System Market is poised to grow strong during the forecast period 2017 to 2025. Some of the prominent trends that the market is witnessing include increasing vehicle production in major automobile manufacturing countries, adoption of steer-by-wire technology, the growth of integrated functions and benefits of shift by wire transmission systems.

Based on Product, the market is categorized into electro-hydraulic power steering (EHPS), electric power steering (EPS), hydraulic power steering (HPS) and manual steering systems. Based on Vehicle Type, market is segmented into light commercial vehicle, passenger vehicles and heavy commercial Vehicle.

Sales Channel segment is divided into original equipment manufacturer (OEM) and aftermarket. Component market is segmented into steering sensor & column, hydraulic pump and electric motor.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o U.K
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Middle East
o Saudi Arabia
o UAE
o Rest of Middle East
• Latin America
o Argentina
o Brazil
o Rest of Latin America
• Rest of the World
o South Africa
o Others

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments


1 Market Outline
1.1 Research Methodology
1.1.1 Research Approach & Sources
1.2 Market Trends
1.3 Regulatory Factors
1.4 Product Analysis
1.5 Strategic Benchmarking
1.6 Opportunity Analysis
2 Executive Summary
3 Market Overview
3.1 Current Trends
3.1.1 Increasing vehicle production in major automobile manufacturing countries
3.1.2 Adoption of steer-by-wire technology
3.1.3 The growth of integrated functions
3.1.4 Benefits of shift by wire transmission systems
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry
4 Automotive Steering System Market, By Product
4.1 Electro-Hydraulic Power Steering (EHPS)
4.1.1 Electro-Hydraulic Power Steering (EHPS) Market Forecast to 2025 (US$ MN)
4.2 Electric Power Steering (EPS)
4.2.1 Electric Power Steering (EPS) Market Forecast to 2025 (US$ MN)
4.3 Hydraulic Power Steering (HPS)
4.3.1 Hydraulic Power Steering (HPS) Market Forecast to 2025 (US$ MN)
4.4 Manual Steering Systems
4.4.1 Manual Steering Systems Market Forecast to 2025 (US$ MN)
5 Automotive Steering System Market, By Vehicle Type
5.1 Light Commercial Vehicle
5.1.1 Light Commercial Vehicle Market Forecast to 2025 (US$ MN)
5.2 Passenger Vehicles
5.2.1 Passenger Vehicles Market Forecast to 2025 (US$ MN)
5.3 Heavy Commercial Vehicle
5.3.1 Heavy Commercial Vehicle Market Forecast to 2025 (US$ MN)
6 Automotive Steering System Market, By Sales Channel
6.1 Original Equipment Manufacturer (OEM)
6.1.1 Original Equipment Manufacturer (OEM) Market Forecast to 2025 (US$ MN)
6.2 Aftermarket
6.2.1 Aftermarket Market Forecast to 2025 (US$ MN)
7 Automotive Steering System Market, By Component
7.1 Steering Sensor & column
7.1.1 Steering Sensor & column Market Forecast to 2025 (US$ MN)
7.2 Hydraulic Pump
7.2.1 Hydraulic Pump Market Forecast to 2025 (US$ MN)
7.3 Electric Motor
7.3.1 Electric Motor Market Forecast to 2025 (US$ MN)
8 Automotive Steering System Market, By Geography
8.1 North America
8.1.1 North America Market Forecast by Countries to 2025 (US$ MN)
8.1.1.1 US
8.1.1.2 Canada
8.1.1.3 Mexico
8.2 Europe
8.2.1 Europe Market Forecast by Countries to 2025 (US$ MN)
8.2.1.1 Germany
8.2.1.2 U.K
8.2.1.3 Italy
8.2.1.4 France
8.2.1.5 Spain
8.2.1.6 Rest of Europe
8.3 Asia Pacific
8.3.1 Asia Pacific Market Forecast by Countries to 2025 (US$ MN)
8.3.1.1 China
8.3.1.2 Japan
8.3.1.3 India
8.3.1.4 Australia
8.3.1.5 New Zealand
8.3.1.6 Rest of Asia Pacific
8.4 Middle East
8.4.1 Middle East Market Forecast by Countries to 2025 (US$ MN)
8.4.1.1 Saudi Arabia
8.4.1.2 UAE
8.4.1.3 Rest of Middle East
8.5 Latin America
8.5.1 Latin America Market Forecast by Countries to 2025 (US$ MN)
8.5.1.1 Argentina
8.5.1.2 Brazil
8.5.1.3 Rest of Latin America
8.6 Rest of the World (RoW)
8.6.1 RoW Market Forecast by Countries to 2025 (US$ MN)
8.6.1.1 Africa
8.6.1.2 Others
9 Key Player Activities
9.1 Acquisitions & Mergers
9.2 Agreements, Partnerships, Collaborations and Joint Ventures
9.3 Product Launch & Expansions
9.4 Other Activities
10 Leading Companies
10.1 JTEKT Corporation
10.2 Robert Bosch Automotive Steering Gmbh
10.3 Nexteer Automotive
10.4 China Automotive System Inc.
10.5 Thyssenkrupp Presta AG Aktiengesellschaft
10.6 Mitsubishi Electric Corporation
10.7 TRW Automotive Holdings
10.8 Sona Koyo Steering System Ltd.
10.9 NSK Production
List Of Tables
Table 1 Global Automotive Steering System Market By Region, Market Forecast (2014-2025) (US $MN)
Table 2 Global Automotive Steering System Market By Product, Market Forecast (2014-2025) (US $MN)
Table 3 Global Automotive Steering System Market By Electro-Hydraulic Power Steering (EHPS), Market Forecast (2014-2025) (US $MN)
Table 4 Global Automotive Steering System Market By Electric Power Steering (EPS), Market Forecast (2014-2025) (US $MN)
Table 5 Global Automotive Steering System Market By Hydraulic Power Steering (HPS), Market Forecast (2014-2025) (US $MN)
Table 6 Global Automotive Steering System Market By Manual Steering Systems, Market Forecast (2014-2025) (US $MN)
Table 7 Global Automotive Steering System Market By Vehicle Type, Market Forecast (2014-2025) (US $MN)
Table 8 Global Automotive Steering System Market By Light Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 9 Global Automotive Steering System Market By Passenger Vehicles, Market Forecast (2014-2025) (US $MN)
Table 10 Global Automotive Steering System Market By Heavy Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 11 Global Automotive Steering System Market By Sales Channel, Market Forecast (2014-2025) (US $MN)
Table 12 Global Automotive Steering System Market By Original Equipment Manufacturer (OEM), Market Forecast (2014-2025) (US $MN)
Table 13 Global Automotive Steering System Market By Aftermarket, Market Forecast (2014-2025) (US $MN)
Table 14 Global Automotive Steering System Market By Component, Market Forecast (2014-2025) (US $MN)
Table 15 Global Automotive Steering System Market By Steering Sensor & column, Market Forecast (2014-2025) (US $MN)
Table 16 Global Automotive Steering System Market By Hydraulic Pump, Market Forecast (2014-2025) (US $MN)
Table 17 Global Automotive Steering System Market By Electric Motor, Market Forecast (2014-2025) (US $MN)
Table 18 North America Automotive Steering System Market By Country, Market Forecast (2014-2025) (US $MN)
Table 19 North America Automotive Steering System Market By Product, Market Forecast (2014-2025) (US $MN)
Table 20 North America Automotive Steering System Market By Electro-Hydraulic Power Steering (EHPS), Market Forecast (2014-2025) (US $MN)
Table 21 North America Automotive Steering System Market By Electric Power Steering (EPS), Market Forecast (2014-2025) (US $MN)
Table 22 North America Automotive Steering System Market By Hydraulic Power Steering (HPS), Market Forecast (2014-2025) (US $MN)
Table 23 North America Automotive Steering System Market By Manual Steering Systems, Market Forecast (2014-2025) (US $MN)
Table 24 North America Automotive Steering System Market By Vehicle Type, Market Forecast (2014-2025) (US $MN)
Table 25 North America Automotive Steering System Market By Light Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 26 North America Automotive Steering System Market By Passenger Vehicles, Market Forecast (2014-2025) (US $MN)
Table 27 North America Automotive Steering System Market By Heavy Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 28 North America Automotive Steering System Market By Sales Channel, Market Forecast (2014-2025) (US $MN)
Table 29 North America Automotive Steering System Market By Original Equipment Manufacturer (OEM), Market Forecast (2014-2025) (US $MN)
Table 30 North America Automotive Steering System Market By Aftermarket, Market Forecast (2014-2025) (US $MN)
Table 31 North America Automotive Steering System Market By Component, Market Forecast (2014-2025) (US $MN)
Table 32 North America Automotive Steering System Market By Steering Sensor & column, Market Forecast (2014-2025) (US $MN)
Table 33 North America Automotive Steering System Market By Hydraulic Pump, Market Forecast (2014-2025) (US $MN)
Table 34 North America Automotive Steering System Market By Electric Motor, Market Forecast (2014-2025) (US $MN)
Table 35 Europe Automotive Steering System Market By Country, Market Forecast (2014-2025) (US $MN)
Table 36 Europe Automotive Steering System Market By Product, Market Forecast (2014-2025) (US $MN)
Table 37 Europe Automotive Steering System Market By Electro-Hydraulic Power Steering (EHPS), Market Forecast (2014-2025) (US $MN)
Table 38 Europe Automotive Steering System Market By Electric Power Steering (EPS), Market Forecast (2014-2025) (US $MN)
Table 39 Europe Automotive Steering System Market By Hydraulic Power Steering (HPS), Market Forecast (2014-2025) (US $MN)
Table 40 Europe Automotive Steering System Market By Manual Steering Systems, Market Forecast (2014-2025) (US $MN)
Table 41 Europe Automotive Steering System Market By Vehicle Type, Market Forecast (2014-2025) (US $MN)
Table 42 Europe Automotive Steering System Market By Light Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 43 Europe Automotive Steering System Market By Passenger Vehicles, Market Forecast (2014-2025) (US $MN)
Table 44 Europe Automotive Steering System Market By Heavy Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 45 Europe Automotive Steering System Market By Sales Channel, Market Forecast (2014-2025) (US $MN)
Table 46 Europe Automotive Steering System Market By Original Equipment Manufacturer (OEM), Market Forecast (2014-2025) (US $MN)
Table 47 Europe Automotive Steering System Market By Aftermarket, Market Forecast (2014-2025) (US $MN)
Table 48 Europe Automotive Steering System Market By Component, Market Forecast (2014-2025) (US $MN)
Table 49 Europe Automotive Steering System Market By Steering Sensor & column, Market Forecast (2014-2025) (US $MN)
Table 50 Europe Automotive Steering System Market By Hydraulic Pump, Market Forecast (2014-2025) (US $MN)
Table 51 Europe Automotive Steering System Market By Electric Motor, Market Forecast (2014-2025) (US $MN)
Table 52 Asia Pacific Automotive Steering System Market By Country, Market Forecast (2014-2025) (US $MN)
Table 53 Asia Pacific Automotive Steering System Market By Product, Market Forecast (2014-2025) (US $MN)
Table 54 Asia Pacific Automotive Steering System Market By Electro-Hydraulic Power Steering (EHPS), Market Forecast (2014-2025) (US $MN)
Table 55 Asia Pacific Automotive Steering System Market By Electric Power Steering (EPS), Market Forecast (2014-2025) (US $MN)
Table 56 Asia Pacific Automotive Steering System Market By Hydraulic Power Steering (HPS), Market Forecast (2014-2025) (US $MN)
Table 57 Asia Pacific Automotive Steering System Market By Manual Steering Systems, Market Forecast (2014-2025) (US $MN)
Table 58 Asia Pacific Automotive Steering System Market By Vehicle Type, Market Forecast (2014-2025) (US $MN)
Table 59 Asia Pacific Automotive Steering System Market By Light Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 60 Asia Pacific Automotive Steering System Market By Passenger Vehicles, Market Forecast (2014-2025) (US $MN)
Table 61 Asia Pacific Automotive Steering System Market By Heavy Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 62 Asia Pacific Automotive Steering System Market By Sales Channel, Market Forecast (2014-2025) (US $MN)
Table 63 Asia Pacific Automotive Steering System Market By Original Equipment Manufacturer (OEM), Market Forecast (2014-2025) (US $MN)
Table 64 Asia Pacific Automotive Steering System Market By Aftermarket, Market Forecast (2014-2025) (US $MN)
Table 65 Asia Pacific Automotive Steering System Market By Component, Market Forecast (2014-2025) (US $MN)
Table 66 Asia Pacific Automotive Steering System Market By Steering Sensor & column, Market Forecast (2014-2025) (US $MN)
Table 67 Asia Pacific Automotive Steering System Market By Hydraulic Pump, Market Forecast (2014-2025) (US $MN)
Table 68 Asia Pacific Automotive Steering System Market By Electric Motor, Market Forecast (2014-2025) (US $MN)
Table 69 Middle East Automotive Steering System Market By Country, Market Forecast (2014-2025) (US $MN)
Table 70 Middle East Automotive Steering System Market By Product, Market Forecast (2014-2025) (US $MN)
Table 71 Middle East Automotive Steering System Market By Electro-Hydraulic Power Steering (EHPS), Market Forecast (2014-2025) (US $MN)
Table 72 Middle East Automotive Steering System Market By Electric Power Steering (EPS), Market Forecast (2014-2025) (US $MN)
Table 73 Middle East Automotive Steering System Market By Hydraulic Power Steering (HPS), Market Forecast (2014-2025) (US $MN)
Table 74 Middle East Automotive Steering System Market By Manual Steering Systems, Market Forecast (2014-2025) (US $MN)
Table 75 Middle East Automotive Steering System Market By Vehicle Type, Market Forecast (2014-2025) (US $MN)
Table 76 Middle East Automotive Steering System Market By Light Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 77 Middle East Automotive Steering System Market By Passenger Vehicles, Market Forecast (2014-2025) (US $MN)
Table 78 Middle East Automotive Steering System Market By Heavy Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 79 Middle East Automotive Steering System Market By Sales Channel, Market Forecast (2014-2025) (US $MN)
Table 80 Middle East Automotive Steering System Market By Original Equipment Manufacturer (OEM), Market Forecast (2014-2025) (US $MN)
Table 81 Middle East Automotive Steering System Market By Aftermarket, Market Forecast (2014-2025) (US $MN)
Table 82 Middle East Automotive Steering System Market By Component, Market Forecast (2014-2025) (US $MN)
Table 83 Middle East Automotive Steering System Market By Steering Sensor & column, Market Forecast (2014-2025) (US $MN)
Table 84 Middle East Automotive Steering System Market By Hydraulic Pump, Market Forecast (2014-2025) (US $MN)
Table 85 Middle East Automotive Steering System Market By Electric Motor, Market Forecast (2014-2025) (US $MN)
Table 86 Latin America Automotive Steering System Market By Country, Market Forecast (2014-2025) (US $MN)
Table 87 Latin America Automotive Steering System Market By Product, Market Forecast (2014-2025) (US $MN)
Table 88 Latin America Automotive Steering System Market By Electro-Hydraulic Power Steering (EHPS), Market Forecast (2014-2025) (US $MN)
Table 89 Latin America Automotive Steering System Market By Electric Power Steering (EPS), Market Forecast (2014-2025) (US $MN)
Table 90 Latin America Automotive Steering System Market By Hydraulic Power Steering (HPS), Market Forecast (2014-2025) (US $MN)
Table 91 Latin America Automotive Steering System Market By Manual Steering Systems, Market Forecast (2014-2025) (US $MN)
Table 92 Latin America Automotive Steering System Market By Vehicle Type, Market Forecast (2014-2025) (US $MN)
Table 93 Latin America Automotive Steering System Market By Light Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 94 Latin America Automotive Steering System Market By Passenger Vehicles, Market Forecast (2014-2025) (US $MN)
Table 95 Latin America Automotive Steering System Market By Heavy Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 96 Latin America Automotive Steering System Market By Sales Channel, Market Forecast (2014-2025) (US $MN)
Table 97 Latin America Automotive Steering System Market By Original Equipment Manufacturer (OEM), Market Forecast (2014-2025) (US $MN)
Table 98 Latin America Automotive Steering System Market By Aftermarket, Market Forecast (2014-2025) (US $MN)
Table 99 Latin America Automotive Steering System Market By Component, Market Forecast (2014-2025) (US $MN)
Table 100 Latin America Automotive Steering System Market By Steering Sensor & column, Market Forecast (2014-2025) (US $MN)
Table 101 Latin America Automotive Steering System Market By Hydraulic Pump, Market Forecast (2014-2025) (US $MN)
Table 102 Latin America Automotive Steering System Market By Electric Motor, Market Forecast (2014-2025) (US $MN)
Table 103 RoW Automotive Steering System Market By Country, Market Forecast (2014-2025) (US $MN)
Table 104 RoW Automotive Steering System Market By Product, Market Forecast (2014-2025) (US $MN)
Table 105 RoW Automotive Steering System Market By Electro-Hydraulic Power Steering (EHPS), Market Forecast (2014-2025) (US $MN)
Table 106 RoW Automotive Steering System Market By Electric Power Steering (EPS), Market Forecast (2014-2025) (US $MN)
Table 107 RoW Automotive Steering System Market By Hydraulic Power Steering (HPS), Market Forecast (2014-2025) (US $MN)
Table 108 RoW Automotive Steering System Market By Manual Steering Systems, Market Forecast (2014-2025) (US $MN)
Table 109 RoW Automotive Steering System Market By Vehicle Type, Market Forecast (2014-2025) (US $MN)
Table 110 RoW Automotive Steering System Market By Light Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 111 RoW Automotive Steering System Market By Passenger Vehicles, Market Forecast (2014-2025) (US $MN)
Table 112 RoW Automotive Steering System Market By Heavy Commercial Vehicle, Market Forecast (2014-2025) (US $MN)
Table 113 RoW Automotive Steering System Market By Sales Channel, Market Forecast (2014-2025) (US $MN)
Table 114 RoW Automotive Steering System Market By Original Equipment Manufacturer (OEM), Market Forecast (2014-2025) (US $MN)
Table 115 RoW Automotive Steering System Market By Aftermarket, Market Forecast (2014-2025) (US $MN)
Table 116 RoW Automotive Steering System Market By Component, Market Forecast (2014-2025) (US $MN)
Table 117 RoW Automotive Steering System Market By Steering Sensor & column, Market Forecast (2014-2025) (US $MN)
Table 118 RoW Automotive Steering System Market By Hydraulic Pump, Market Forecast (2014-2025) (US $MN)
Table 119 RoW Automotive Steering System Market By Electric Motor, Market Forecast (2014-2025) (US $MN)

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