Global Steering Columns Market Growth 2025-2031
Description
The global Steering Columns market size is predicted to grow from US$ 6644 million in 2025 to US$ 7635 million in 2031; it is expected to grow at a CAGR of 2.3% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The steering column is the core transmission component of the automobile steering system. It adopts a tubular rigid structure. The upper end is connected to the steering wheel, and the lower end is connected to the steering mechanism (such as gear rack) through an intermediate shaft, forming a complete steering torque transmission path. Its core function is to efficiently transmit the driver's steering input torque and ensure accurate control of the steering angle. As the hub of the steering input and actuator, its dynamic characteristics directly affect the vehicle's handling, functional safety (such as failure protection mode) and the control accuracy of the intelligent driving system.
The emerging steer-by-wire technology poses a certain market threat to traditional steering columns. As steer-by-wire technology develops, part of the steering columns market will be replaced by it.
The global steering columns market is witnessing steady growth, driven by advancements in vehicle safety, electrification, and autonomous driving technologies. Key growth drivers include increasingly stringent safety regulations—such as Euro NCAP and NHTSA standards—mandating collapsible steering columns, as well as the growing adoption of electric power steering (EPS) and steer-by-wire systems in next-generation vehicles.
The Asia-Pacific region, led by China, dominates production due to its robust automotive manufacturing base, while Europe and North America emphasize premium, safety-enhanced steering solutions. The transition toward autonomous and connected vehicles is also reshaping market demand, spurring interest in innovations such as telescopic and tilt-adjustable columns and steering systems integrated with driver monitoring features.
Despite its positive trajectory, the market faces challenges including high R&D costs associated with advanced steering technologies and ongoing supply chain disruptions—particularly semiconductor shortages impacting EPS systems. Looking ahead, the market's future will be shaped by lightweight materials (such as aluminum and composites), intelligent steering functions, and modular designs tailored for both electric and internal combustion engine vehicles.
LP Information, Inc. (LPI) ' newest research report, the “Steering Columns Industry Forecast” looks at past sales and reviews total world Steering Columns sales in 2024, providing a comprehensive analysis by region and market sector of projected Steering Columns sales for 2025 through 2031. With Steering Columns sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steering Columns industry.
This Insight Report provides a comprehensive analysis of the global Steering Columns 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 Steering Columns portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Steering Columns market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steering Columns 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 Steering Columns.
This report presents a comprehensive overview, market shares, and growth opportunities of Steering Columns market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Fixed Steering Columns
Manual Adjustable Steering Columns
Power Adjustable Steering Columns
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.
Bosch
ThyssenKrupp
ZF
NSK
Hubei Henglong Automotive System
JTEKT
Mando China Holdings
Nexteer
Hitachi Astemo
Yamada
NAMYANG NEXMO
Key Questions Addressed in this Report
What is the 10-year outlook for the global Steering Columns market?
What factors are driving Steering Columns market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Steering Columns market opportunities vary by end market size?
How does Steering Columns break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The steering column is the core transmission component of the automobile steering system. It adopts a tubular rigid structure. The upper end is connected to the steering wheel, and the lower end is connected to the steering mechanism (such as gear rack) through an intermediate shaft, forming a complete steering torque transmission path. Its core function is to efficiently transmit the driver's steering input torque and ensure accurate control of the steering angle. As the hub of the steering input and actuator, its dynamic characteristics directly affect the vehicle's handling, functional safety (such as failure protection mode) and the control accuracy of the intelligent driving system.
The emerging steer-by-wire technology poses a certain market threat to traditional steering columns. As steer-by-wire technology develops, part of the steering columns market will be replaced by it.
The global steering columns market is witnessing steady growth, driven by advancements in vehicle safety, electrification, and autonomous driving technologies. Key growth drivers include increasingly stringent safety regulations—such as Euro NCAP and NHTSA standards—mandating collapsible steering columns, as well as the growing adoption of electric power steering (EPS) and steer-by-wire systems in next-generation vehicles.
The Asia-Pacific region, led by China, dominates production due to its robust automotive manufacturing base, while Europe and North America emphasize premium, safety-enhanced steering solutions. The transition toward autonomous and connected vehicles is also reshaping market demand, spurring interest in innovations such as telescopic and tilt-adjustable columns and steering systems integrated with driver monitoring features.
Despite its positive trajectory, the market faces challenges including high R&D costs associated with advanced steering technologies and ongoing supply chain disruptions—particularly semiconductor shortages impacting EPS systems. Looking ahead, the market's future will be shaped by lightweight materials (such as aluminum and composites), intelligent steering functions, and modular designs tailored for both electric and internal combustion engine vehicles.
LP Information, Inc. (LPI) ' newest research report, the “Steering Columns Industry Forecast” looks at past sales and reviews total world Steering Columns sales in 2024, providing a comprehensive analysis by region and market sector of projected Steering Columns sales for 2025 through 2031. With Steering Columns sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steering Columns industry.
This Insight Report provides a comprehensive analysis of the global Steering Columns 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 Steering Columns portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Steering Columns market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steering Columns 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 Steering Columns.
This report presents a comprehensive overview, market shares, and growth opportunities of Steering Columns market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Fixed Steering Columns
Manual Adjustable Steering Columns
Power Adjustable Steering Columns
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.
Bosch
ThyssenKrupp
ZF
NSK
Hubei Henglong Automotive System
JTEKT
Mando China Holdings
Nexteer
Hitachi Astemo
Yamada
NAMYANG NEXMO
Key Questions Addressed in this Report
What is the 10-year outlook for the global Steering Columns market?
What factors are driving Steering Columns market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Steering Columns market opportunities vary by end market size?
How does Steering Columns break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
124 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 Steering Columns 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 Steering Columns by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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