Automotive steering system is among the most integral parts installed automobile vehicles. Steering systems allows the driver to control and maneuver the vehicle in desired direction.
This report aims to provide a comprehensive presentation of the global market for Automotive Power 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 Power Steering Systems. This report contains market size and forecasts of Automotive Power Steering Systems in global, including the following market information:
Global Automotive Power Steering Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Power Steering Systems market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Electronic Power Steering (EPS) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automotive Power Steering Systems include Robert Bosch Automotive Steering GmbH, Mitsubishi Electric Corporation, JTEKT Corporation, ThyssenKrupp Presta AG, Autoliv and Daimler AG, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Power Steering Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Power Steering Systems Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Power Steering Systems Market Segment Percentages, by Type, 2022 (%)
Electronic Power Steering (EPS)
Hydraulic Power Steering (HPS)
Electronic & Hydraulic Power Steering (EHPS)
Global Automotive Power Steering Systems Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Power Steering Systems Market Segment Percentages, by Application, 2022 (%)
Original Equipment Manufacturers (OEMS)
Aftermarket
Global Automotive Power Steering Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Power 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 Power Steering Systems revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Power Steering Systems revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Robert Bosch Automotive Steering GmbH
Mitsubishi Electric Corporation
JTEKT Corporation
ThyssenKrupp Presta AG
Autoliv
Daimler AG
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Power Steering Systems, market overview.
Chapter 2: Global Automotive Power Steering Systems market size in revenue.
Chapter 3: Detailed analysis of Automotive Power Steering Systems company competitive landscape, revenue and 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 Power 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: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Automotive Power Steering Systems Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Automotive Power Steering Systems Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Automotive Power Steering Systems Overall Market Size
2.1 Global Automotive Power Steering Systems Market Size: 2022 VS 2029
2.2 Global Automotive Power Steering Systems Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Automotive Power Steering Systems Players in Global Market
3.2 Top Global Automotive Power Steering Systems Companies Ranked by Revenue
3.3 Global Automotive Power Steering Systems Revenue by Companies
3.4 Top 3 and Top 5 Automotive Power Steering Systems Companies in Global Market, by Revenue in 2022
3.5 Global Companies Automotive Power Steering Systems Product Type
3.6 Tier 1, Tier 2 and Tier 3 Automotive Power Steering Systems Players in Global Market
3.6.1 List of Global Tier 1 Automotive Power Steering Systems Companies
3.6.2 List of Global Tier 2 and Tier 3 Automotive Power Steering Systems Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Automotive Power Steering Systems Market Size Markets, 2022 & 2029
4.1.2 Electronic Power Steering (EPS)
4.1.3 Hydraulic Power Steering (HPS)
4.1.4 Electronic & Hydraulic Power Steering (EHPS)
4.2 By Type - Global Automotive Power Steering Systems Revenue & Forecasts
4.2.1 By Type - Global Automotive Power Steering Systems Revenue, 2018-2023
4.2.2 By Type - Global Automotive Power Steering Systems Revenue, 2024-2029
4.2.3 By Type - Global Automotive Power Steering Systems Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Automotive Power Steering Systems Market Size, 2022 & 2029
5.1.2 Original Equipment Manufacturers (OEMS)
5.1.3 Aftermarket
5.2 By Application - Global Automotive Power Steering Systems Revenue & Forecasts
5.2.1 By Application - Global Automotive Power Steering Systems Revenue, 2018-2023
5.2.2 By Application - Global Automotive Power Steering Systems Revenue, 2024-2029
5.2.3 By Application - Global Automotive Power Steering Systems Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Automotive Power Steering Systems Market Size, 2022 & 2029
6.2 By Region - Global Automotive Power Steering Systems Revenue & Forecasts
6.2.1 By Region - Global Automotive Power Steering Systems Revenue, 2018-2023
6.2.2 By Region - Global Automotive Power Steering Systems Revenue, 2024-2029
6.2.3 By Region - Global Automotive Power Steering Systems Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Automotive Power Steering Systems Revenue, 2018-2029
6.3.2 US Automotive Power Steering Systems Market Size, 2018-2029
6.3.3 Canada Automotive Power Steering Systems Market Size, 2018-2029
6.3.4 Mexico Automotive Power Steering Systems Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Automotive Power Steering Systems Revenue, 2018-2029
6.4.2 Germany Automotive Power Steering Systems Market Size, 2018-2029
6.4.3 France Automotive Power Steering Systems Market Size, 2018-2029
6.4.4 U.K. Automotive Power Steering Systems Market Size, 2018-2029
6.4.5 Italy Automotive Power Steering Systems Market Size, 2018-2029
6.4.6 Russia Automotive Power Steering Systems Market Size, 2018-2029
6.4.7 Nordic Countries Automotive Power Steering Systems Market Size, 2018-2029
6.4.8 Benelux Automotive Power Steering Systems Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Automotive Power Steering Systems Revenue, 2018-2029
6.5.2 China Automotive Power Steering Systems Market Size, 2018-2029
6.5.3 Japan Automotive Power Steering Systems Market Size, 2018-2029
6.5.4 South Korea Automotive Power Steering Systems Market Size, 2018-2029
6.5.5 Southeast Asia Automotive Power Steering Systems Market Size, 2018-2029
6.5.6 India Automotive Power Steering Systems Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Automotive Power Steering Systems Revenue, 2018-2029
6.6.2 Brazil Automotive Power Steering Systems Market Size, 2018-2029
6.6.3 Argentina Automotive Power Steering Systems Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Automotive Power Steering Systems Revenue, 2018-2029
6.7.2 Turkey Automotive Power Steering Systems Market Size, 2018-2029
6.7.3 Israel Automotive Power Steering Systems Market Size, 2018-2029
6.7.4 Saudi Arabia Automotive Power Steering Systems Market Size, 2018-2029
6.7.5 UAE Automotive Power Steering Systems Market Size, 2018-2029
7 Automotive Power Steering Systems Companies Profiles
7.1 Robert Bosch Automotive Steering GmbH
7.1.1 Robert Bosch Automotive Steering GmbH Company Summary
7.1.2 Robert Bosch Automotive Steering GmbH Business Overview
7.1.3 Robert Bosch Automotive Steering GmbH Automotive Power Steering Systems Major Product Offerings
7.1.4 Robert Bosch Automotive Steering GmbH Automotive Power Steering Systems Revenue in Global Market (2018-2023)
7.1.5 Robert Bosch Automotive Steering GmbH Key News & Latest Developments
7.2 Mitsubishi Electric Corporation
7.2.1 Mitsubishi Electric Corporation Company Summary
7.2.2 Mitsubishi Electric Corporation Business Overview
7.2.3 Mitsubishi Electric Corporation Automotive Power Steering Systems Major Product Offerings
7.2.4 Mitsubishi Electric Corporation Automotive Power Steering Systems Revenue in Global Market (2018-2023)
7.2.5 Mitsubishi Electric Corporation Key News & Latest Developments
7.3 JTEKT Corporation
7.3.1 JTEKT Corporation Company Summary
7.3.2 JTEKT Corporation Business Overview
7.3.3 JTEKT Corporation Automotive Power Steering Systems Major Product Offerings
7.3.4 JTEKT Corporation Automotive Power Steering Systems Revenue in Global Market (2018-2023)
7.3.5 JTEKT Corporation Key News & Latest Developments
7.4 ThyssenKrupp Presta AG
7.4.1 ThyssenKrupp Presta AG Company Summary
7.4.2 ThyssenKrupp Presta AG Business Overview
7.4.3 ThyssenKrupp Presta AG Automotive Power Steering Systems Major Product Offerings
7.4.4 ThyssenKrupp Presta AG Automotive Power Steering Systems Revenue in Global Market (2018-2023)
7.4.5 ThyssenKrupp Presta AG Key News & Latest Developments
7.5 Autoliv
7.5.1 Autoliv Company Summary
7.5.2 Autoliv Business Overview
7.5.3 Autoliv Automotive Power Steering Systems Major Product Offerings
7.5.4 Autoliv Automotive Power Steering Systems Revenue in Global Market (2018-2023)
7.5.5 Autoliv Key News & Latest Developments
7.6 Daimler AG
7.6.1 Daimler AG Company Summary
7.6.2 Daimler AG Business Overview
7.6.3 Daimler AG Automotive Power Steering Systems Major Product Offerings
7.6.4 Daimler AG Automotive Power Steering Systems Revenue in Global Market (2018-2023)
7.6.5 Daimler AG Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Automotive Power Steering Systems Market Opportunities & Trends in Global Market
Table 2. Automotive Power Steering Systems Market Drivers in Global Market
Table 3. Automotive Power Steering Systems Market Restraints in Global Market
Table 4. Key Players of Automotive Power Steering Systems in Global Market
Table 5. Top Automotive Power Steering Systems Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Automotive Power Steering Systems Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Automotive Power Steering Systems Revenue Share by Companies, 2018-2023
Table 8. Global Companies Automotive Power Steering Systems Product Type
Table 9. List of Global Tier 1 Automotive Power Steering Systems Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Automotive Power Steering Systems Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Automotive Power Steering Systems Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Automotive Power Steering Systems Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Automotive Power Steering Systems Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Automotive Power Steering Systems Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Automotive Power Steering Systems Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Automotive Power Steering Systems Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Automotive Power Steering Systems Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Automotive Power Steering Systems Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Automotive Power Steering Systems Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Automotive Power Steering Systems Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Automotive Power Steering Systems Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Automotive Power Steering Systems Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Automotive Power Steering Systems Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Automotive Power Steering Systems Revenue, (US$, Mn), 2024-2029
Table 30. Robert Bosch Automotive Steering GmbH Company Summary
Table 31. Robert Bosch Automotive Steering GmbH Automotive Power Steering Systems Product Offerings
Table 32. Robert Bosch Automotive Steering GmbH Automotive Power Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 33. Robert Bosch Automotive Steering GmbH Key News & Latest Developments
Table 34. Mitsubishi Electric Corporation Company Summary
Table 35. Mitsubishi Electric Corporation Automotive Power Steering Systems Product Offerings
Table 36. Mitsubishi Electric Corporation Automotive Power Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 37. Mitsubishi Electric Corporation Key News & Latest Developments
Table 38. JTEKT Corporation Company Summary
Table 39. JTEKT Corporation Automotive Power Steering Systems Product Offerings
Table 40. JTEKT Corporation Automotive Power Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 41. JTEKT Corporation Key News & Latest Developments
Table 42. ThyssenKrupp Presta AG Company Summary
Table 43. ThyssenKrupp Presta AG Automotive Power Steering Systems Product Offerings
Table 44. ThyssenKrupp Presta AG Automotive Power Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 45. ThyssenKrupp Presta AG Key News & Latest Developments
Table 46. Autoliv Company Summary
Table 47. Autoliv Automotive Power Steering Systems Product Offerings
Table 48. Autoliv Automotive Power Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 49. Autoliv Key News & Latest Developments
Table 50. Daimler AG Company Summary
Table 51. Daimler AG Automotive Power Steering Systems Product Offerings
Table 52. Daimler AG Automotive Power Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 53. Daimler AG Key News & Latest Developments
List of Figures
Figure 1. Automotive Power Steering Systems Segment by Type in 2022
Figure 2. Automotive Power Steering Systems Segment by Application in 2022
Figure 3. Global Automotive Power Steering Systems Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Automotive Power Steering Systems Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Automotive Power Steering Systems Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Automotive Power Steering Systems Revenue in 2022
Figure 8. By Type - Global Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 9. By Application - Global Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 10. By Type - Global Automotive Power Steering Systems Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 12. By Application - Global Automotive Power Steering Systems Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 14. By Region - Global Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 15. By Country - North America Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 16. US Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 20. Germany Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 21. France Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 28. China Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 32. India Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 34. Brazil Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Automotive Power Steering Systems Revenue Market Share, 2018-2029
Figure 37. Turkey Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Automotive Power Steering Systems Revenue, (US$, Mn), 2018-2029
Figure 41. Robert Bosch Automotive Steering GmbH Automotive Power Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Mitsubishi Electric Corporation Automotive Power Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. JTEKT Corporation Automotive Power Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. ThyssenKrupp Presta AG Automotive Power Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Autoliv Automotive Power Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Daimler AG Automotive Power Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
