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Steering Wheel Armature Market Global Report 2026

Published Jan 22, 2026
Length 250 Pages
SKU # BRC20786728

Description

Steering Wheel Armature 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 steering wheel armature 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 steering wheel armature ? 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 steering wheel armature 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 Product Type: Magnesium Steering Wheel; Aluminum Steering Wheel; Steel Steering Wheel; Other Products

2) By Vehicle Type: Passenger Cars; Light Commercial Vehicles (LCV); Heavy Commercial Vehicles (HCV)

3) By Number Of Spokes: One Spoke; Two Spokes; Three Spokes; Four Spokes; Six Spokes

4) By Sales Channel: Original Equipment Manufacturer (OEM); Aftermarket

Subsegments:

1) By Magnesium Steering Wheel: Cast Magnesium Steering Wheels; Forged Magnesium Steering Wheels

2) By Aluminum Steering Wheel: Cast Aluminum Steering Wheels; Extruded Aluminum Steering Wheels

3) By Steel Steering Wheel: Stamped Steel Steering Wheels; Welded Steel Steering Wheels

4) By Other Products: Composite Steering Wheels; Carbon Fiber Steering Wheels; Customized Steering Wheels

Companies Mentioned: ZF Friedrichshafen AG; Hyundai Mobis; Valeo S.A.; TRW Automotive Holdings Corp.; Delphi Technologies; Autoliv Inc.; TOYODA GOSEI Co. Ltd.; NSK Ltd.; JOYSON SAFETY SYSTEMS; Nexteer Automotive; Takata Corp.; Leopold Kostal GmbH & Co. KG; Nihon Plast Co. Ltd.; OMP Racing Spa; Neaton Auto Products Manufacturing Inc.; Lunt Manufacturing Co. Inc.; Sparco S.p.A.; Grant Products International Inc.; Flaming River Industries Inc.; ROS INDUSTRIE SRL; TVH Parts Co.; MZW Motor

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 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Steering Wheel Armature Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Steering Wheel Armature Market Attractiveness Scoring And Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation
Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Steering Wheel Armature Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List Of Key Raw Materials, Resources & Suppliers
3.3. List Of Major Distributors and Channel Partners
3.4. List Of Major End Users
4. Global Steering Wheel Armature Market Trends And Strategies
4.1. Key Technologies & Future Trends
4.1.1 Artificial Intelligence And Autonomous Intelligence
4.1.2 Autonomous Systems Robotics And Smart Mobility
4.1.3 Industry 4.0 And Intelligent Manufacturing
4.1.4 Internet Of Things Smart Infrastructure And Connected Ecosystems
4.1.5 Electric Mobility And Transportation Electrification
4.2. Major Trends
4.2.1 Rising Integration Of Autonomous Assistance Features In Steering Structures
4.2.2 Increasing Adoption Of Smart Mobility Components In Steering Assemblies
4.2.3 Growing Deployment Of Intelligent Manufacturing For Steering Armature Production
4.2.4 Enhanced Connectivity Driven Requirements For Sensor Ready Steering Armatures
4.2.5 Rising Use Of Lightweight Metal Frameworks For Electrified Vehicle Platforms
5. Steering Wheel Armature Market Analysis Of End Use Industries
5.1 Passenger Cars
5.2 Light Commercial Vehicles
5.3 Heavy Commercial Vehicles
5.4 Automotive Oems
5.5 Automotive Component Manufacturers
6. Steering Wheel Armature Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market
7. Global Steering Wheel Armature Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis
7.1. Global Steering Wheel Armature PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Steering Wheel Armature Market Size, Comparisons And Growth Rate Analysis
7.3. Global Steering Wheel Armature Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Steering Wheel Armature Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Steering Wheel Armature Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Steering Wheel Armature Market Segmentation
9.1. Global Steering Wheel Armature Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Magnesium Steering Wheel, Aluminum Steering Wheel, Steel Steering Wheel, Other Products
9.2. Global Steering Wheel Armature Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)
9.3. Global Steering Wheel Armature Market, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
One Spoke, Two Spokes, Three Spokes, Four Spokes, Six Spokes
9.4. Global Steering Wheel Armature Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Original Equipment Manufacturer (OEM), Aftermarket
9.5. Global Steering Wheel Armature Market, Sub-Segmentation Of Magnesium Steering Wheel, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Cast Magnesium Steering Wheels, Forged Magnesium Steering Wheels
9.6. Global Steering Wheel Armature Market, Sub-Segmentation Of Aluminum Steering Wheel, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Cast Aluminum Steering Wheels, Extruded Aluminum Steering Wheels
9.7. Global Steering Wheel Armature Market, Sub-Segmentation Of Steel Steering Wheel, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Stamped Steel Steering Wheels, Welded Steel Steering Wheels
9.8. Global Steering Wheel Armature Market, Sub-Segmentation Of Other Products, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Composite Steering Wheels, Carbon Fiber Steering Wheels, Customized Steering Wheels
10. Steering Wheel Armature Market Regional And Country Analysis
10.1. Global Steering Wheel Armature Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Steering Wheel Armature Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Steering Wheel Armature Market
11.1. Asia-Pacific Steering Wheel Armature Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Steering Wheel Armature Market
12.1. China Steering Wheel Armature Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Steering Wheel Armature Market
13.1. India Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Steering Wheel Armature Market
14.1. Japan Steering Wheel Armature Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Steering Wheel Armature Market
15.1. Australia Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Steering Wheel Armature Market
16.1. Indonesia Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Steering Wheel Armature Market
17.1. South Korea Steering Wheel Armature Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Steering Wheel Armature Market
18.1. Taiwan Steering Wheel Armature Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Steering Wheel Armature Market
19.1. South East Asia Steering Wheel Armature Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Steering Wheel Armature Market
20.1. Western Europe Steering Wheel Armature Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Steering Wheel Armature Market
21.1. UK Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Steering Wheel Armature Market
22.1. Germany Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Steering Wheel Armature Market
23.1. France Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Steering Wheel Armature Market
24.1. Italy Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Steering Wheel Armature Market
25.1. Spain Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Steering Wheel Armature Market
26.1. Eastern Europe Steering Wheel Armature Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Steering Wheel Armature Market
27.1. Russia Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Steering Wheel Armature Market
28.1. North America Steering Wheel Armature Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Steering Wheel Armature Market
29.1. USA Steering Wheel Armature Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Steering Wheel Armature Market
30.1. Canada Steering Wheel Armature Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Steering Wheel Armature Market
31.1. South America Steering Wheel Armature Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Steering Wheel Armature Market
32.1. Brazil Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Steering Wheel Armature Market
33.1. Middle East Steering Wheel Armature Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Steering Wheel Armature Market
34.1. Africa Steering Wheel Armature Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Steering Wheel Armature Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Number Of Spokes, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Steering Wheel Armature Market Regulatory and Investment Landscape
36. Steering Wheel Armature Market Competitive Landscape And Company Profiles
36.1. Steering Wheel Armature Market Competitive Landscape And Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Steering Wheel Armature Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Steering Wheel Armature Market Company Profiles
36.3.1. ZF Friedrichshafen AG Overview, Products and Services, Strategy and Financial Analysis
36.3.2. Hyundai Mobis Overview, Products and Services, Strategy and Financial Analysis
36.3.3. Valeo S.A. Overview, Products and Services, Strategy and Financial Analysis
36.3.4. TRW Automotive Holdings Corp. Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Delphi Technologies Overview, Products and Services, Strategy and Financial Analysis
37. Steering Wheel Armature Market Other Major And Innovative Companies
Autoliv Inc., TOYODA GOSEI Co. Ltd., NSK Ltd., JOYSON SAFETY SYSTEMS, Nexteer Automotive, Takata Corp., Leopold Kostal GmbH & Co. KG, Nihon Plast Co. Ltd., OMP Racing Spa, Neaton Auto Products Manufacturing Inc., Lunt Manufacturing Co. Inc., Sparco S.p.A., Grant Products International Inc., Flaming River Industries Inc., ROS INDUSTRIE SRL
38. Global Steering Wheel Armature Market Competitive Benchmarking And Dashboard
39. Key Mergers And Acquisitions In The Steering Wheel Armature Market
40. Steering Wheel Armature Market High Potential Countries, Segments and Strategies
40.1 Steering Wheel Armature Market In 2030 - Countries Offering Most New Opportunities
40.2 Steering Wheel Armature Market In 2030 - Segments Offering Most New Opportunities
40.3 Steering Wheel Armature Market In 2030 - Growth Strategies
40.3.1 Market Trend Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic And Forecast Inflation Rates
41.4. Research Inquiries
41.5. The Business Research Company
41.6. Copyright And Disclaimer
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