Report overview
Automotive Steering Systems refers to a series of devices used to change or maintain the direction of the vehicle; its function is to control the direction according to the driver?s aim. Automotive steering system is one of the most basic systems of the vehicle.
This report aims to provide a comprehensive presentation of the global market for Automotive Steering Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Steering Systems. This report contains market size and forecasts of Automotive Steering Systems in global, including the following market information:
Global Automotive Steering Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Steering Systems Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive Steering Systems companies in 2022 (%)
The global Automotive Steering Systems market was valued at US$ 37380 million in 2022 and is projected to reach US$ 44690 million by 2029, at a CAGR of 2.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global automotive steering systems market is relatively concentrated, the sales of top eleven manufacturers include JTEKT, Bosch, ZF, NSK, Nexteer Automobile, Thyssenkrupp, Mando, Mobis, Showa, Sona Koyo and CAAS, account about 67% of total global sales. The largest manufacture of utomotive steering systems is JTEKT, and the next is Bosch and ZF.
We surveyed the Automotive Steering Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Steering Systems Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Steering Systems Market Segment Percentages, by Type, 2022 (%)
EPS
HPS
EHPS
MS
Global Automotive Steering Systems Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Steering Systems Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Steering Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Steering Systems Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Steering Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Steering Systems revenues share in global market, 2022 (%)
Key companies Automotive Steering Systems sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Steering Systems sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
JTEKT
Bosch
ZF
NSK
Nexteer Automobile
Thyssenkrupp
Mando
Mobis
Showa
Sona Koyo
CAAS
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Steering Systems, market overview.
Chapter 2: Global Automotive Steering Systems market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Steering Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Steering Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Steering Systems capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
