Global Rack and Pinion Steering Gear Market Growth 2025-2031
Description
The global Rack and Pinion Steering Gear market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Rack and pinion steering gear is a type of steering system commonly used in vehicles. It consists of a rack (a linear gear) and a pinion (a circular gear) that work together to convert the rotational motion of the steering wheel into the linear motion needed to turn the front wheels. As the steering wheel is turned, the pinion gear rotates and moves the rack left or right, causing the wheels to turn in the desired direction. This system provides a direct and responsive steering feel, making it popular in modern vehicles.
United States market for Rack and Pinion Steering Gear is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Rack and Pinion Steering Gear is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Rack and Pinion Steering Gear is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Rack and Pinion Steering Gear players cover JTEKT, Knorr-Bremse, Nexteer Automotive, Robert Bosch GmbH, ZF Friedrichshafen, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Rack and Pinion Steering Gear Industry Forecast” looks at past sales and reviews total world Rack and Pinion Steering Gear sales in 2024, providing a comprehensive analysis by region and market sector of projected Rack and Pinion Steering Gear sales for 2025 through 2031. With Rack and Pinion Steering Gear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rack and Pinion Steering Gear industry.
This Insight Report provides a comprehensive analysis of the global Rack and Pinion Steering Gear landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rack and Pinion Steering Gear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rack and Pinion Steering Gear market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rack and Pinion Steering Gear and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rack and Pinion Steering Gear.
This report presents a comprehensive overview, market shares, and growth opportunities of Rack and Pinion Steering Gear market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Hydraulic Steering Gear
Electric Steering Gear
Mechanical Steering Gear
Segmentation by Application:
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
JTEKT
Knorr-Bremse
Nexteer Automotive
Robert Bosch GmbH
ZF Friedrichshafen
HL Mando
Hitachi Astemo
Motorcraft
Zhejiang Shibao
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rack and Pinion Steering Gear market?
What factors are driving Rack and Pinion Steering Gear market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rack and Pinion Steering Gear market opportunities vary by end market size?
How does Rack and Pinion Steering Gear break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Rack and pinion steering gear is a type of steering system commonly used in vehicles. It consists of a rack (a linear gear) and a pinion (a circular gear) that work together to convert the rotational motion of the steering wheel into the linear motion needed to turn the front wheels. As the steering wheel is turned, the pinion gear rotates and moves the rack left or right, causing the wheels to turn in the desired direction. This system provides a direct and responsive steering feel, making it popular in modern vehicles.
United States market for Rack and Pinion Steering Gear is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Rack and Pinion Steering Gear is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Rack and Pinion Steering Gear is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Rack and Pinion Steering Gear players cover JTEKT, Knorr-Bremse, Nexteer Automotive, Robert Bosch GmbH, ZF Friedrichshafen, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Rack and Pinion Steering Gear Industry Forecast” looks at past sales and reviews total world Rack and Pinion Steering Gear sales in 2024, providing a comprehensive analysis by region and market sector of projected Rack and Pinion Steering Gear sales for 2025 through 2031. With Rack and Pinion Steering Gear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rack and Pinion Steering Gear industry.
This Insight Report provides a comprehensive analysis of the global Rack and Pinion Steering Gear landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rack and Pinion Steering Gear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rack and Pinion Steering Gear market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rack and Pinion Steering Gear and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rack and Pinion Steering Gear.
This report presents a comprehensive overview, market shares, and growth opportunities of Rack and Pinion Steering Gear market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Hydraulic Steering Gear
Electric Steering Gear
Mechanical Steering Gear
Segmentation by Application:
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
JTEKT
Knorr-Bremse
Nexteer Automotive
Robert Bosch GmbH
ZF Friedrichshafen
HL Mando
Hitachi Astemo
Motorcraft
Zhejiang Shibao
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rack and Pinion Steering Gear market?
What factors are driving Rack and Pinion Steering Gear market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rack and Pinion Steering Gear market opportunities vary by end market size?
How does Rack and Pinion Steering Gear break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
93 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Rack and Pinion Steering Gear by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Rack and Pinion Steering Gear by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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