Global Vehicle Steering Gear Market Growth 2025-2031

The global Vehicle 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.

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.

United States market for Vehicle 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 Vehicle 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 Vehicle 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 Vehicle Steering Gear players cover In Motion Mobility LLC, Drive-Master, TMI Racing Products, LLC, Creative Controls Inc., Joyson Safety Systems, 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 “Vehicle Steering Gear Industry Forecast” looks at past sales and reviews total world Vehicle Steering Gear sales in 2024, providing a comprehensive analysis by region and market sector of projected Vehicle Steering Gear sales for 2025 through 2031. With Vehicle Steering Gear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle Steering Gear industry.

This Insight Report provides a comprehensive analysis of the global Vehicle 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 Vehicle Steering Gear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vehicle Steering Gear market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle 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 Vehicle Steering Gear.

This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle Steering Gear market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Electric Power Steering
Hydraulic Power Steering
Electro-hydraulic Power Steering

Segmentation by Application:
Transportation
Equipment

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.
In Motion Mobility LLC
Drive-Master
TMI Racing Products, LLC
Creative Controls Inc.
Joyson Safety Systems
JTEKT Corporation
Elap Engineering Limited
Ford Motor Company

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vehicle Steering Gear market?

What factors are driving Vehicle Steering Gear market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vehicle Steering Gear market opportunities vary by end market size?

How does Vehicle Steering Gear break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.