Automotive Steering Systems Market Global Report 2026

Automotive Steering Systems Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses automotive steering systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for automotive steering systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The automotive steering systems market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

Markets Covered:1) By Component: Hydraulic Pump; Steering Or Column Or Rack; Sensors; Electric Motor; Other Components

2) By Mechanism: Electronic Power Steering; Hydraulic Power Steering; Electrically Assisted Hydraulic Power Steering

3) By Pinion Type: Single; Dual

4) By Sales Channel: Original Equipment Manufacturer; After Market

5) By Vehicle: Passenger Cars; Compact; Mid-Size; Premium; Sports Utility Vehicle; Light Commercial Vehicles; Heavy Commercial Vehicles

Subsegments:

1) By Hydraulic Pump: Power Steering Pumps (Hydraulic); Electric Hydraulic Pumps; Variable Displacement Hydraulic Pumps; Pump Assemblies For Electric Power Steering (EPS) Systems; Hydraulic Pumps For Heavy-Duty Applications

2) By Steering Or Column Or Rack: Steering Columns (Manual And Power-Assisted); Rack And Pinion Systems; Electric Steering Racks (EPS); Steering Columns With Adjustable Features (Tilt, Telescopic); Electronic Steering Columns For Autonomous Vehicles

3) By Sensors: Torque Sensors For Steering Feedback; Angle Sensors For Steering Angle Measurement; Position Sensors For Steering Column And Rack; Steering Wheel Sensors For Airbag Deployment And Driver Assistance; Pressure Sensors For Hydraulic Steering Systems; Steering Feedback Sensors For Autonomous Driving

4) By Electric Motor: Electric Motors For Electric Power Steering (EPS); Brushless Dc Motors For Steering Systems; Motor Drives For Active Steering; Electric Motors For Steer-By-Wire Systems; Motors For Automated Steering Control In Autonomous Vehicles

5) By Other Components: Steering Control Units; Steering Gearboxes & Housings; Steering Shafts & Intermediate Shafts; Steering Linkages & Mechanical Parts; Steering Actuators; Steering Bearings & Bushings; Steering Dampers & Stabilizers

Companies Mentioned: Robert Bosch GmbH; Hitachi Ltd.; DENSO Corporation; ThyssenKrupp AG; ZF Friedrichshafen AG; Hyundai Mobis Co. Ltd.; Eaton Corporation plc; Schaeffler AG; NSK Steering System Co. Ltd.; Nexteer Automotive Corporation; Leopold Kostal GmbH & Co. KG; Kayaba Industry Co. Ltd.; Showa Corporation; Kongsberg Automotive Holding ASA; Global Steering Systems LLC; China Automotive Systems Inc.; Rane Holdings Limited; JTEKT Corporation; Pailton Engineering Ltd.; ILJIN Corporation; Dalian Wanda Power Steering System Co. Ltd.; Zhejiang Wanda Steering Gear Co. Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Please Note: Report will be updated with the latest data and delivered to you within 2-3 working days of order. Show more