Steering systems in automobile is the direct contact of the driver with its vehicle.
This report aims to provide a comprehensive presentation of the global market for 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 Steering Systems. This report contains market size and forecasts of Steering Systems in global, including the following market information:
Global Steering Systems Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global 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.
An Electro-Hydraulic Power Steering system combines the advantages of both EPS and HPS and offers the best maneuverability and fuel efficiency.
We surveyed the 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 Steering Systems Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Steering Systems Market Segment Percentages, by Type, 2022 (%)
Electronic Power Steering (EPS)
Electro-Hydraulic Power Steering (EHPS)
Hydraulic Power Steering (HPS)
Global Steering Systems Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Steering Systems Market Segment Percentages, by Application, 2022 (%)
Passenger Car
Commercial Vehicle
Global Steering Systems Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global 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 Steering Systems revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Steering Systems revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
TRW Automotive Holdings
Mitsubishi Electric
Hyundai Mobis
Sona Koyo Steering Systems
Robert Bosch Automotive Steering
JTEKT
Nexteer Automotive
Thyssenkrupp Presta
China Automotive Systems
ZF Friedrichshafen Manufacturing
Outline of Major Chapters:
Chapter 1: Introduces the definition of Steering Systems, market overview.
Chapter 2: Global Steering Systems market size in revenue.
Chapter 3: Detailed analysis of 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 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 Steering Systems Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global 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 Steering Systems Overall Market Size
2.1 Global Steering Systems Market Size: 2022 VS 2032
2.2 Global Steering Systems Market Size, Prospects & Forecasts: 2018-2032
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 Steering Systems Players in Global Market
3.2 Top Global Steering Systems Companies Ranked by Revenue
3.3 Global Steering Systems Revenue by Companies
3.4 Top 3 and Top 5 Steering Systems Companies in Global Market, by Revenue in 2022
3.5 Global Companies Steering Systems Product Type
3.6 Tier 1, Tier 2 and Tier 3 Steering Systems Players in Global Market
3.6.1 List of Global Tier 1 Steering Systems Companies
3.6.2 List of Global Tier 2 and Tier 3 Steering Systems Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Steering Systems Market Size Markets, 2022 & 2032
4.1.2 Electronic Power Steering (EPS)
4.1.3 Electro-Hydraulic Power Steering (EHPS)
4.1.4 Hydraulic Power Steering (HPS)
4.2 By Type - Global Steering Systems Revenue & Forecasts
4.2.1 By Type - Global Steering Systems Revenue, 2018-2023
4.2.2 By Type - Global Steering Systems Revenue, 2024-2032
4.2.3 By Type - Global Steering Systems Revenue Market Share, 2018-2032
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Steering Systems Market Size, 2022 & 2032
5.1.2 Passenger Car
5.1.3 Commercial Vehicle
5.2 By Application - Global Steering Systems Revenue & Forecasts
5.2.1 By Application - Global Steering Systems Revenue, 2018-2023
5.2.2 By Application - Global Steering Systems Revenue, 2024-2032
5.2.3 By Application - Global Steering Systems Revenue Market Share, 2018-2032
6 Sights by Region
6.1 By Region - Global Steering Systems Market Size, 2022 & 2032
6.2 By Region - Global Steering Systems Revenue & Forecasts
6.2.1 By Region - Global Steering Systems Revenue, 2018-2023
6.2.2 By Region - Global Steering Systems Revenue, 2024-2032
6.2.3 By Region - Global Steering Systems Revenue Market Share, 2018-2032
6.3 North America
6.3.1 By Country - North America Steering Systems Revenue, 2018-2032
6.3.2 US Steering Systems Market Size, 2018-2032
6.3.3 Canada Steering Systems Market Size, 2018-2032
6.3.4 Mexico Steering Systems Market Size, 2018-2032
6.4 Europe
6.4.1 By Country - Europe Steering Systems Revenue, 2018-2032
6.4.2 Germany Steering Systems Market Size, 2018-2032
6.4.3 France Steering Systems Market Size, 2018-2032
6.4.4 U.K. Steering Systems Market Size, 2018-2032
6.4.5 Italy Steering Systems Market Size, 2018-2032
6.4.6 Russia Steering Systems Market Size, 2018-2032
6.4.7 Nordic Countries Steering Systems Market Size, 2018-2032
6.4.8 Benelux Steering Systems Market Size, 2018-2032
6.5 Asia
6.5.1 By Region - Asia Steering Systems Revenue, 2018-2032
6.5.2 China Steering Systems Market Size, 2018-2032
6.5.3 Japan Steering Systems Market Size, 2018-2032
6.5.4 South Korea Steering Systems Market Size, 2018-2032
6.5.5 Southeast Asia Steering Systems Market Size, 2018-2032
6.5.6 India Steering Systems Market Size, 2018-2032
6.6 South America
6.6.1 By Country - South America Steering Systems Revenue, 2018-2032
6.6.2 Brazil Steering Systems Market Size, 2018-2032
6.6.3 Argentina Steering Systems Market Size, 2018-2032
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Steering Systems Revenue, 2018-2032
6.7.2 Turkey Steering Systems Market Size, 2018-2032
6.7.3 Israel Steering Systems Market Size, 2018-2032
6.7.4 Saudi Arabia Steering Systems Market Size, 2018-2032
6.7.5 UAE Steering Systems Market Size, 2018-2032
7 Steering Systems Companies Profiles
7.1 TRW Automotive Holdings
7.1.1 TRW Automotive Holdings Company Summary
7.1.2 TRW Automotive Holdings Business Overview
7.1.3 TRW Automotive Holdings Steering Systems Major Product Offerings
7.1.4 TRW Automotive Holdings Steering Systems Revenue in Global Market (2018-2023)
7.1.5 TRW Automotive Holdings Key News & Latest Developments
7.2 Mitsubishi Electric
7.2.1 Mitsubishi Electric Company Summary
7.2.2 Mitsubishi Electric Business Overview
7.2.3 Mitsubishi Electric Steering Systems Major Product Offerings
7.2.4 Mitsubishi Electric Steering Systems Revenue in Global Market (2018-2023)
7.2.5 Mitsubishi Electric Key News & Latest Developments
7.3 Hyundai Mobis
7.3.1 Hyundai Mobis Company Summary
7.3.2 Hyundai Mobis Business Overview
7.3.3 Hyundai Mobis Steering Systems Major Product Offerings
7.3.4 Hyundai Mobis Steering Systems Revenue in Global Market (2018-2023)
7.3.5 Hyundai Mobis Key News & Latest Developments
7.4 Sona Koyo Steering Systems
7.4.1 Sona Koyo Steering Systems Company Summary
7.4.2 Sona Koyo Steering Systems Business Overview
7.4.3 Sona Koyo Steering Systems Steering Systems Major Product Offerings
7.4.4 Sona Koyo Steering Systems Steering Systems Revenue in Global Market (2018-2023)
7.4.5 Sona Koyo Steering Systems Key News & Latest Developments
7.5 Robert Bosch Automotive Steering
7.5.1 Robert Bosch Automotive Steering Company Summary
7.5.2 Robert Bosch Automotive Steering Business Overview
7.5.3 Robert Bosch Automotive Steering Steering Systems Major Product Offerings
7.5.4 Robert Bosch Automotive Steering Steering Systems Revenue in Global Market (2018-2023)
7.5.5 Robert Bosch Automotive Steering Key News & Latest Developments
7.6 JTEKT
7.6.1 JTEKT Company Summary
7.6.2 JTEKT Business Overview
7.6.3 JTEKT Steering Systems Major Product Offerings
7.6.4 JTEKT Steering Systems Revenue in Global Market (2018-2023)
7.6.5 JTEKT Key News & Latest Developments
7.7 Nexteer Automotive
7.7.1 Nexteer Automotive Company Summary
7.7.2 Nexteer Automotive Business Overview
7.7.3 Nexteer Automotive Steering Systems Major Product Offerings
7.7.4 Nexteer Automotive Steering Systems Revenue in Global Market (2018-2023)
7.7.5 Nexteer Automotive Key News & Latest Developments
7.8 Thyssenkrupp Presta
7.8.1 Thyssenkrupp Presta Company Summary
7.8.2 Thyssenkrupp Presta Business Overview
7.8.3 Thyssenkrupp Presta Steering Systems Major Product Offerings
7.8.4 Thyssenkrupp Presta Steering Systems Revenue in Global Market (2018-2023)
7.8.5 Thyssenkrupp Presta Key News & Latest Developments
7.9 China Automotive Systems
7.9.1 China Automotive Systems Company Summary
7.9.2 China Automotive Systems Business Overview
7.9.3 China Automotive Systems Steering Systems Major Product Offerings
7.9.4 China Automotive Systems Steering Systems Revenue in Global Market (2018-2023)
7.9.5 China Automotive Systems Key News & Latest Developments
7.10 ZF Friedrichshafen Manufacturing
7.10.1 ZF Friedrichshafen Manufacturing Company Summary
7.10.2 ZF Friedrichshafen Manufacturing Business Overview
7.10.3 ZF Friedrichshafen Manufacturing Steering Systems Major Product Offerings
7.10.4 ZF Friedrichshafen Manufacturing Steering Systems Revenue in Global Market (2018-2023)
7.10.5 ZF Friedrichshafen Manufacturing 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. Steering Systems Market Opportunities & Trends in Global Market
Table 2. Steering Systems Market Drivers in Global Market
Table 3. Steering Systems Market Restraints in Global Market
Table 4. Key Players of Steering Systems in Global Market
Table 5. Top Steering Systems Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Steering Systems Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Steering Systems Revenue Share by Companies, 2018-2023
Table 8. Global Companies Steering Systems Product Type
Table 9. List of Global Tier 1 Steering Systems Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Steering Systems Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Steering Systems Revenue, (US$, Mn), 2022 & 2032
Table 12. By Type - Steering Systems Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Steering Systems Revenue in Global (US$, Mn), 2024-2032
Table 14. By Application ? Global Steering Systems Revenue, (US$, Mn), 2022 & 2032
Table 15. By Application - Steering Systems Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Steering Systems Revenue in Global (US$, Mn), 2024-2032
Table 17. By Region ? Global Steering Systems Revenue, (US$, Mn), 2022 & 2032
Table 18. By Region - Global Steering Systems Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Steering Systems Revenue (US$, Mn), 2024-2032
Table 20. By Country - North America Steering Systems Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Steering Systems Revenue, (US$, Mn), 2024-2032
Table 22. By Country - Europe Steering Systems Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Steering Systems Revenue, (US$, Mn), 2024-2032
Table 24. By Region - Asia Steering Systems Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Steering Systems Revenue, (US$, Mn), 2024-2032
Table 26. By Country - South America Steering Systems Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Steering Systems Revenue, (US$, Mn), 2024-2032
Table 28. By Country - Middle East & Africa Steering Systems Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Steering Systems Revenue, (US$, Mn), 2024-2032
Table 30. TRW Automotive Holdings Company Summary
Table 31. TRW Automotive Holdings Steering Systems Product Offerings
Table 32. TRW Automotive Holdings Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 33. TRW Automotive Holdings Key News & Latest Developments
Table 34. Mitsubishi Electric Company Summary
Table 35. Mitsubishi Electric Steering Systems Product Offerings
Table 36. Mitsubishi Electric Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 37. Mitsubishi Electric Key News & Latest Developments
Table 38. Hyundai Mobis Company Summary
Table 39. Hyundai Mobis Steering Systems Product Offerings
Table 40. Hyundai Mobis Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 41. Hyundai Mobis Key News & Latest Developments
Table 42. Sona Koyo Steering Systems Company Summary
Table 43. Sona Koyo Steering Systems Steering Systems Product Offerings
Table 44. Sona Koyo Steering Systems Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 45. Sona Koyo Steering Systems Key News & Latest Developments
Table 46. Robert Bosch Automotive Steering Company Summary
Table 47. Robert Bosch Automotive Steering Steering Systems Product Offerings
Table 48. Robert Bosch Automotive Steering Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 49. Robert Bosch Automotive Steering Key News & Latest Developments
Table 50. JTEKT Company Summary
Table 51. JTEKT Steering Systems Product Offerings
Table 52. JTEKT Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 53. JTEKT Key News & Latest Developments
Table 54. Nexteer Automotive Company Summary
Table 55. Nexteer Automotive Steering Systems Product Offerings
Table 56. Nexteer Automotive Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 57. Nexteer Automotive Key News & Latest Developments
Table 58. Thyssenkrupp Presta Company Summary
Table 59. Thyssenkrupp Presta Steering Systems Product Offerings
Table 60. Thyssenkrupp Presta Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 61. Thyssenkrupp Presta Key News & Latest Developments
Table 62. China Automotive Systems Company Summary
Table 63. China Automotive Systems Steering Systems Product Offerings
Table 64. China Automotive Systems Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 65. China Automotive Systems Key News & Latest Developments
Table 66. ZF Friedrichshafen Manufacturing Company Summary
Table 67. ZF Friedrichshafen Manufacturing Steering Systems Product Offerings
Table 68. ZF Friedrichshafen Manufacturing Steering Systems Revenue (US$, Mn) & (2018-2023)
Table 69. ZF Friedrichshafen Manufacturing Key News & Latest Developments
List of Figures
Figure 1. Steering Systems Segment by Type in 2022
Figure 2. Steering Systems Segment by Application in 2022
Figure 3. Global Steering Systems Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Steering Systems Market Size: 2022 VS 2032 (US$, Mn)
Figure 6. Global Steering Systems Revenue, 2018-2032 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Steering Systems Revenue in 2022
Figure 8. By Type - Global Steering Systems Revenue Market Share, 2018-2032
Figure 9. By Application - Global Steering Systems Revenue Market Share, 2018-2032
Figure 10. By Type - Global Steering Systems Revenue, (US$, Mn), 2022 & 2032
Figure 11. By Type - Global Steering Systems Revenue Market Share, 2018-2032
Figure 12. By Application - Global Steering Systems Revenue, (US$, Mn), 2022 & 2032
Figure 13. By Application - Global Steering Systems Revenue Market Share, 2018-2032
Figure 14. By Region - Global Steering Systems Revenue Market Share, 2018-2032
Figure 15. By Country - North America Steering Systems Revenue Market Share, 2018-2032
Figure 16. US Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 17. Canada Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 18. Mexico Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 19. By Country - Europe Steering Systems Revenue Market Share, 2018-2032
Figure 20. Germany Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 21. France Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 22. U.K. Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 23. Italy Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 24. Russia Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 25. Nordic Countries Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 26. Benelux Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 27. By Region - Asia Steering Systems Revenue Market Share, 2018-2032
Figure 28. China Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 29. Japan Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 30. South Korea Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 31. Southeast Asia Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 32. India Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 33. By Country - South America Steering Systems Revenue Market Share, 2018-2032
Figure 34. Brazil Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 35. Argentina Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 36. By Country - Middle East & Africa Steering Systems Revenue Market Share, 2018-2032
Figure 37. Turkey Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 38. Israel Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 39. Saudi Arabia Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 40. UAE Steering Systems Revenue, (US$, Mn), 2018-2032
Figure 41. TRW Automotive Holdings Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Mitsubishi Electric Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Hyundai Mobis Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Sona Koyo Steering Systems Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Robert Bosch Automotive Steering Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. JTEKT Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Nexteer Automotive Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Thyssenkrupp Presta Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. China Automotive Systems Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. ZF Friedrichshafen Manufacturing Steering Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
