According to our (Global Info Research) latest study, the global Vehicle Steering Gear market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
Vehicle steering gear is a system that allows the driver to control the direction of a vehicle. It is responsible for converting the rotational motion of the steering wheel into the linear motion needed to turn the wheels. The steering gear consists of various components, including a steering wheel, steering column, steering shaft, and a gear mechanism. The gear mechanism can be either a rack and pinion system or a recirculating ball system. These systems help to amplify the force applied by the driver, making it easier to turn the wheels. The steering gear also includes other components such as tie rods, pitman arms, and idler arms, which connect the steering gear to the wheels and help to transmit the steering input. Overall, the vehicle steering gear plays a crucial role in ensuring safe and precise steering control of a vehicle.
This report is a detailed and comprehensive analysis for global Vehicle Steering Gear market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Vehicle Steering Gear market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Vehicle Steering Gear market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Vehicle Steering Gear market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Vehicle Steering Gear market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Vehicle Steering Gear
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Vehicle Steering Gear market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include In Motion Mobility LLC, Drive-Master, TMI Racing Products, LLC, Creative Controls Inc., Joyson Safety Systems, JTEKT Corporation, Elap Engineering Limited, Ford Motor Company, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Vehicle Steering Gear market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Electric Power Steering
Hydraulic Power Steering
Electro-hydraulic Power Steering
Market segment by Application
Transportation
Equipment
Major players covered
In Motion Mobility LLC
Drive-Master
TMI Racing Products, LLC
Creative Controls Inc.
Joyson Safety Systems
JTEKT Corporation
Elap Engineering Limited
Ford Motor Company
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vehicle Steering Gear product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vehicle Steering Gear, with price, sales quantity, revenue, and global market share of Vehicle Steering Gear from 2020 to 2025.
Chapter 3, the Vehicle Steering Gear competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vehicle Steering Gear breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Vehicle Steering Gear market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Vehicle Steering Gear.
Chapter 14 and 15, to describe Vehicle Steering Gear sales channel, distributors, customers, research findings and conclusion.
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