Automotive Steering Knuckle Market Analysis and Forecast by Size, Share, Growth, Trends 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Automotive Steering Knuckle Market covers analysis By Type (Alloy, Cast Iron, Others); Sales channel (OEM, Aftermarket); Vehicle Type (Passenger Cars, Commercial Vehicles) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Nov 2025
  • Report Code : TIPRE00021237
  • Category : Automotive and Transportation
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Jul 2025

The Automotive Steering Knuckle Market is expected to register a CAGR of XX% from 2025 to 2031, with a market size expanding from US$ XX Million in 2024 to US$ XX Million by 2031.

The report is categorized by Type (Alloy, Cast Iron) and further analyzes the market based on Sales channel (OEM, Aftermarket). It also examines the market by Vehicle Type (Passenger Cars, Commercial Vehicles).A comprehensive breakdown is provided at global, regional, and country levels for each of these key segments.

The report includes market size and forecasts across all segments, presenting values in USD. It also delivers key statistics on the current market status of leading players, along with insights into prevailing market trends and emerging opportunities.

Purpose of the Report

The report Automotive Steering Knuckle Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Automotive Steering Knuckle Market Segmentation

Type

  • Alloy
  • Cast Iron

Sales channel

  • OEM
  • Aftermarket

Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

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Automotive Steering Knuckle Market: Strategic Insights

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Automotive Steering Knuckle Market Growth Drivers

  • Innovative Materials Boost Durability and Performance
  • Enhanced Safety Features Drive Consumer Confidence
  • Rising Demand for Electric Vehicles Fuels Market Expansion

Automotive Steering Knuckle Market Future Trends

  • Electric Vehicles Drive Demand for Advanced Steering Knuckles
  • Lightweight Materials Revolutionize Automotive Steering Components
  • Smart Steering Knuckles Integrate AI for Enhanced Safety Features

Automotive Steering Knuckle Market Opportunities

  • Revamping Safety: Innovative Steering Knuckles for Electric Vehicles
  • Sustainable Solutions: Eco-Friendly Materials in Steering Knuckle Production
  • Precision Engineering: Customizable Steering Knuckles for Performance Cars

Automotive Steering Knuckle Market Regional Insights

The regional trends and factors influencing the Automotive Steering Knuckle Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Automotive Steering Knuckle Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Automotive Steering Knuckle Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Alloy
  • Cast Iron
By Sales channel
  • OEM
  • Aftermarket
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BEINBAUER GROUP
  • Bharat Forge
  • Farinia Group
  • Happy Forgings
  • Jikasu Engineering Corporation
  • MAG and Saginaw Machine Systems
  • NINGBO SAP STEERING SYSTEM CO.,LTD
  • Sakthi Auto Component Limited
  • TEKSID S.P.A.

Automotive Steering Knuckle Market Players Density: Understanding Its Impact on Business Dynamics

The Automotive Steering Knuckle Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.


automotive-steering-knuckle-market-cagr

  • Get the Automotive Steering Knuckle Market top key players overview

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Automotive Steering Knuckle Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Automotive Steering Knuckle Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

Naveen Chittaragi
Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

  • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
  • PEST and SWOT Analysis
  • Market Size Value / Volume - Global, Regional, Country
  • Industry and Competitive Landscape
  • Excel Dataset

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