Automotive Steering System Market 2027 by Types, Application, Technology, Opportunities, End Users and Regions | The Insight Partners

Automotive Steering System Market to 2027 - Global Analysis and Forecasts by Type (Electronic Power Steering, Hydraulic Power Steering, and Electro-Hydraulic Power Steering); Component (Hydraulic Pump, Electric Motor, Steering/Column/Rack, and Sensors); Vehicle Type (Motorcycle, Passenger Vehicle and Commercial Vehicle)

Report Code: TIPAT100001344 | No. of Pages: 150 | Category: Automotive and Transportation | Status: Upcoming

The steering system is a core element of any vehicle type. It comprises a steering wheel, universal joints, and hydraulic pump, electric motor and other components depending on the type of steering system and use. The prime role of an automobile steering system used in vehicles is to convert the rotary movement of the steering wheel into the angular turn of the front wheels.

The rising vehicle production, growing demand for easy vehicle maneuverability, increasing demand for fuel-efficient vehicles couple with technological advancement in the automotive industry are the key factors contributing towards the growth of the global automotive steering system market over the forecast period. Furthermore, the increase in the cost of advanced steering system increases the cost of the vehicle, hence this factor may affect the growth of the automotive steering system market.

The "Global Automotive Steering System Market Analysis to 2027" is a specialized and in-depth study of the automotive steering system industry with a focus on the global market trend. The report aims to provide an overview of the global automotive steering system market with detailed market segmentation by type, component, vehicle type, and geography. The global automotive steering system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the automotive steering system market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive steering system market based on by type, component, vehicle type, and region. It also provides market size and forecast till 2027 for overall automotive steering system market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region. 

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the market in these regions. 

Also, key automotive steering system market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, a key development in the past five years. Some of the key players influencing the market are China Automotive Systems, Inc., DENSO CORPORATION., Hitachi Automotive System Ltd., Hyundai Mobis Co. Ltd., JTEKT Corporation, Mando Corporation, NSK Ltd., Robert Bosch Automotive Steering GmbH, Showa Corporation, Thyssenkrupp AG among others.

1.        INTRODUCTION

            1.1.       SCOPE OF THE STUDY

            1.2.       THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE

            1.3.       MARKET SEGMENTATION

                         1.3.1   Automotive Steering System Market - By Type

                         1.3.2   Automotive Steering System Market - By Component

                         1.3.3   Automotive Steering System Market - By Vehicle Type

                         1.3.4   Automotive Steering System Market - By Region

                                     1.3.4.1   By Country

2.        KEY TAKEAWAYS

3.        RESEARCH METHODOLOGY

4.        AUTOMOTIVE STEERING SYSTEM MARKET LANDSCAPE

            4.1.       OVERVIEW

            4.2.       PEST ANALYSIS

                         4.2.1        North America - Pest Analysis

                         4.2.2        Europe - Pest Analysis

                         4.2.3        Asia-Pacific - Pest Analysis

                         4.2.4        Middle East and Africa - Pest Analysis

                         4.2.5        South and Central America - Pest Analysis

            4.3.       ECOSYSTEM ANALYSIS

            4.4.       EXPERT OPINIONS

5.        AUTOMOTIVE STEERING SYSTEM MARKET - KEY MARKET DYNAMICS

            5.1.       KEY MARKET DRIVERS

            5.2.       KEY MARKET RESTRAINTS

            5.3.       KEY MARKET OPPORTUNITIES

            5.4.       FUTURE TRENDS

            5.5.       IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6.        AUTOMOTIVE STEERING SYSTEM MARKET - GLOBAL MARKET ANALYSIS

            6.1.       AUTOMOTIVE STEERING SYSTEM - GLOBAL MARKET OVERVIEW

            6.2.       AUTOMOTIVE STEERING SYSTEM - GLOBAL MARKET AND FORECAST TO 2027

            6.3.       MARKET POSITIONING/MARKET SHARE

7.        AUTOMOTIVE STEERING SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 – TYPE

            7.1.       OVERVIEW

            7.2.       TYPE MARKET FORECASTS AND ANALYSIS

            7.3.       ELECTRONIC POWER STEERING

                          7.3.1.         Overview

                          7.3.2.         Electronic Power Steering Market Forecast and Analysis

            7.4.       HYDRAULIC POWER STEERING

                          7.4.1.         Overview

                          7.4.2.         Hydraulic Power Steering Market Forecast and Analysis

            7.5.       ELECTRO-HYDRAULIC POWER STEERING

                          7.5.1.         Overview

                          7.5.2.         Electro-Hydraulic Power Steering Market Forecast and Analysis

8.        AUTOMOTIVE STEERING SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 – COMPONENT

            8.1.       OVERVIEW

            8.2.       COMPONENT MARKET FORECASTS AND ANALYSIS

            8.3.       HYDRAULIC PUMP

                          8.3.1.         Overview

                          8.3.2.         Hydraulic Pump Market Forecast and Analysis

            8.4.       ELECTRIC MOTOR

                          8.4.1.         Overview

                          8.4.2.         Electric Motor Market Forecast and Analysis

            8.5.       STEERING/COLUMN/RACK

                          8.5.1.         Overview

                          8.5.2.         Steering/Column/Rack Market Forecast and Analysis

            8.6.       SENSORS

                          8.6.1.         Overview

                          8.6.2.         Sensors Market Forecast and Analysis

            8.7.       OTHERS

                          8.7.1.         Overview

                          8.7.2.         Others Market Forecast and Analysis

9.        AUTOMOTIVE STEERING SYSTEM MARKET - REVENUE AND FORECASTS TO 2027 – VEHICLE TYPE

            9.1.       OVERVIEW

            9.2.       VEHICLE TYPE MARKET FORECASTS AND ANALYSIS

            9.3.       PASSENGER CARS

                          9.3.1.         Overview

                          9.3.2.         Passenger cars Market Forecast and Analysis

                          9.3.3.         Compact Car Market

                                            9.3.3.1.        Overview

                                            9.3.3.2.        Compact Car Market Forecast and Analysis

                          9.3.4.         Mid-Size Car Market

                                            9.3.4.1.        Overview

                                            9.3.4.2.        Mid-Size Car Market Forecast and Analysis

                          9.3.5.         Luxury Car Market

                                            9.3.5.1.        Overview

                                            9.3.5.2.        Luxury Car Market Forecast and Analysis

                          9.3.6.         SUV Car Market

                                            9.3.6.1.        Overview

                                            9.3.6.2.        SUV Car Market Forecast and Analysis

            9.4.       COMMERCIAL VEHICLE

                          9.4.1.         Overview

                          9.4.2.         Commercial Vehicle Market Forecast and Analysis

                          9.4.3.         Light Commercial Vehicle (LCV) Market

                                            9.4.3.1.        Overview

                                            9.4.3.2.        Light Commercial Vehicle (LCV) Market Forecast and Analysis

                          9.4.4.         Medium Commercial Vehicle (MCV) Market

                                            9.4.4.1.        Overview

                                            9.4.4.2.        Medium Commercial Vehicle (MCV) Market Forecast and Analysis

                          9.4.5.         Heavy Commercial Vehicle (HCV) Market

                                            9.4.5.1.        Overview

                                            9.4.5.2.        Heavy Commercial Vehicle (HCV) Market Forecast and Analysis

10.        AUTOMOTIVE STEERING SYSTEM MARKET REVENUE AND FORECASTS TO 2027 – GEOGRAPHICAL ANALYSIS

               10.1.       NORTH AMERICA

    1. 10.1.1      North America Automotive Steering System Market Overview
    2. 10.1.2      North America Automotive Steering System Market Forecasts and Analysis
    3. 10.1.3      North America Automotive Steering System Market Forecasts and Analysis - By Type
    4. 10.1.4      North America Automotive Steering System Market Forecasts and Analysis - By Component
    5. 10.1.5      North America Automotive Steering System Market Forecasts and Analysis - By Vehicle Type
    6. 10.1.6      North America Automotive Steering System Market Forecasts and Analysis - By Countries

                                                10.1.6.1     United States Automotive Steering System Market

    • 10.1.6.1.1   United States Automotive Steering System Market by Type
    • 10.1.6.1.2   United States Automotive Steering System Market by Component
    • 10.1.6.1.3   United States Automotive Steering System Market by Vehicle Type

                                                10.1.6.2     Canada Automotive Steering System Market

    • 10.1.6.2.1   Canada Automotive Steering System Market by Type
    • 10.1.6.2.2   Canada Automotive Steering System Market by Component
    • 10.1.6.2.3   Canada Automotive Steering System Market by Vehicle Type

                                                10.1.6.3     Mexico Automotive Steering System Market

    • 10.1.6.3.1   Mexico Automotive Steering System Market by Type
    • 10.1.6.3.2   Mexico Automotive Steering System Market by Component
    • 10.1.6.3.3   Mexico Automotive Steering System Market by Vehicle Type

               10.2.       EUROPE

    1. 10.2.1      Europe Automotive Steering System Market Overview
    2. 10.2.2      Europe Automotive Steering System Market Forecasts and Analysis
    3. 10.2.3      Europe Automotive Steering System Market Forecasts and Analysis - By Type
    4. 10.2.4      Europe Automotive Steering System Market Forecasts and Analysis - By Component
    5. 10.2.5      Europe Automotive Steering System Market Forecasts and Analysis - By Vehicle Type
    6. 10.2.6      Europe Automotive Steering System Market Forecasts and Analysis - By Countries

                                                10.2.6.1     Germany Automotive Steering System Market

    • 10.2.6.1.1   Germany Automotive Steering System Market by Type
    • 10.2.6.1.2   Germany Automotive Steering System Market by Component
    • 10.2.6.1.3   Germany Automotive Steering System Market by Vehicle Type

                                                10.2.6.2     France Automotive Steering System Market

    • 10.2.6.2.1   France Automotive Steering System Market by Type
    • 10.2.6.2.2   France Automotive Steering System Market by Component
    • 10.2.6.2.3   France Automotive Steering System Market by Vehicle Type

                                                10.2.6.3     Italy Automotive Steering System Market

    • 10.2.6.3.1   Italy Automotive Steering System Market by Type
    • 10.2.6.3.2   Italy Automotive Steering System Market by Component
    • 10.2.6.3.3   Italy Automotive Steering System Market by Vehicle Type

                                                10.2.6.4     United Kingdom Automotive Steering System Market

    • 10.2.6.4.1   United Kingdom Automotive Steering System Market by Type
    • 10.2.6.4.2   United Kingdom Automotive Steering System Market by Component
    • 10.2.6.4.3   United Kingdom Automotive Steering System Market by Vehicle Type

                                                10.2.6.5     Russia Automotive Steering System Market

    • 10.2.6.5.1   Russia Automotive Steering System Market by Type
    • 10.2.6.5.2   Russia Automotive Steering System Market by Component
    • 10.2.6.5.3   Russia Automotive Steering System Market by Vehicle Type

                                                10.2.6.6     Rest of Europe Automotive Steering System Market

    • 10.2.6.6.1   Rest of Europe Automotive Steering System Market by Type
    • 10.2.6.6.2   Rest of Europe Automotive Steering System Market by Component
    • 10.2.6.6.3   Rest of Europe Automotive Steering System Market by Vehicle Type

               10.3.       ASIA-PACIFIC

    1. 10.3.1      Asia-Pacific Automotive Steering System Market Overview
    2. 10.3.2      Asia-Pacific Automotive Steering System Market Forecasts and Analysis
    3. 10.3.3      Asia-Pacific Automotive Steering System Market Forecasts and Analysis - By Type
    4. 10.3.4      Asia-Pacific Automotive Steering System Market Forecasts and Analysis - By Component
    5. 10.3.5      Asia-Pacific Automotive Steering System Market Forecasts and Analysis - By Vehicle Type
    6. 10.3.6      Asia-Pacific Automotive Steering System Market Forecasts and Analysis - By Countries

                                                10.3.6.1     Australia Automotive Steering System Market

    • 10.3.6.1.1   Australia Automotive Steering System Market by Type
    • 10.3.6.1.2   Australia Automotive Steering System Market by Component
    • 10.3.6.1.3   Australia Automotive Steering System Market by Vehicle Type

                                                10.3.6.2     China Automotive Steering System Market

    • 10.3.6.2.1   China Automotive Steering System Market by Type
    • 10.3.6.2.2   China Automotive Steering System Market by Component
    • 10.3.6.2.3   China Automotive Steering System Market by Vehicle Type

                                                10.3.6.3     India Automotive Steering System Market

    • 10.3.6.3.1   India Automotive Steering System Market by Type
    • 10.3.6.3.2   India Automotive Steering System Market by Component
    • 10.3.6.3.3   India Automotive Steering System Market by Vehicle Type

                                                10.3.6.4     Japan Automotive Steering System Market

    • 10.3.6.4.1   Japan Automotive Steering System Market by Type
    • 10.3.6.4.2   Japan Automotive Steering System Market by Component
    • 10.3.6.4.3   Japan Automotive Steering System Market by Vehicle Type

                                                10.3.6.5     South Korea Automotive Steering System Market

    • 10.3.6.5.1   South Korea Automotive Steering System Market by Type
    • 10.3.6.5.2   South Korea Automotive Steering System Market by Component
    • 10.3.6.5.3   South Korea Automotive Steering System Market by Vehicle Type

                                                10.3.6.6     Rest of Asia-Pacific Automotive Steering System Market

    • 10.3.6.6.1   Rest of Asia-Pacific Automotive Steering System Market by Type
    • 10.3.6.6.2   Rest of Asia-Pacific Automotive Steering System Market by Component
    • 10.3.6.6.3   Rest of Asia-Pacific Automotive Steering System Market by Vehicle Type

               10.4.       MIDDLE EAST AND AFRICA

    1. 10.4.1      Middle East and Africa Automotive Steering System Market Overview
    2. 10.4.2      Middle East and Africa Automotive Steering System Market Forecasts and Analysis
    3. 10.4.3      Middle East and Africa Automotive Steering System Market Forecasts and Analysis - By Type
    4. 10.4.4      Middle East and Africa Automotive Steering System Market Forecasts and Analysis - By Component
    5. 10.4.5      Middle East and Africa Automotive Steering System Market Forecasts and Analysis - By Vehicle Type
    6. 10.4.6      Middle East and Africa Automotive Steering System Market Forecasts and Analysis - By Countries

                                                10.4.6.1     South Africa Automotive Steering System Market

    • 10.4.6.1.1   South Africa Automotive Steering System Market by Type
    • 10.4.6.1.2   South Africa Automotive Steering System Market by Component
    • 10.4.6.1.3   South Africa Automotive Steering System Market by Vehicle Type

                                                10.4.6.2     Saudi Arabia Automotive Steering System Market

    • 10.4.6.2.1   Saudi Arabia Automotive Steering System Market by Type
    • 10.4.6.2.2   Saudi Arabia Automotive Steering System Market by Component
    • 10.4.6.2.3   Saudi Arabia Automotive Steering System Market by Vehicle Type

                                                10.4.6.3     U.A.E Automotive Steering System Market

    • 10.4.6.3.1   U.A.E Automotive Steering System Market by Type
    • 10.4.6.3.2   U.A.E Automotive Steering System Market by Component
    • 10.4.6.3.3   U.A.E Automotive Steering System Market by Vehicle Type

                                                10.4.6.4     Rest of Middle East and Africa Automotive Steering System Market

    • 10.4.6.4.1   Rest of Middle East and Africa Automotive Steering System Market by Type
    • 10.4.6.4.2   Rest of Middle East and Africa Automotive Steering System Market by Component
    • 10.4.6.4.3   Rest of Middle East and Africa Automotive Steering System Market by Vehicle Type

               10.5.       SOUTH AND CENTRAL AMERICA

    1. 10.5.1      South and Central America Automotive Steering System Market Overview
    2. 10.5.2      South and Central America Automotive Steering System Market Forecasts and Analysis
    3. 10.5.3      South and Central America Automotive Steering System Market Forecasts and Analysis - By Type
    4. 10.5.4      South and Central America Automotive Steering System Market Forecasts and Analysis - By Component
    5. 10.5.5      South and Central America Automotive Steering System Market Forecasts and Analysis - By Vehicle Type
    6. 10.5.6      South and Central America Automotive Steering System Market Forecasts and Analysis - By Countries

                                                10.5.6.1     Brazil Automotive Steering System Market

    • 10.5.6.1.1   Brazil Automotive Steering System Market by Type
    • 10.5.6.1.2   Brazil Automotive Steering System Market by Component
    • 10.5.6.1.3   Brazil Automotive Steering System Market by Vehicle Type

                                                10.5.6.2     Argentina Automotive Steering System Market

    • 10.5.6.2.1   Argentina Automotive Steering System Market by Type
    • 10.5.6.2.2   Argentina Automotive Steering System Market by Component
    • 10.5.6.2.3   Argentina Automotive Steering System Market by Vehicle Type

                                                10.5.6.3     Rest of South and Central America Automotive Steering System Market

    • 10.5.6.3.1   Rest of South and Central America Automotive Steering System Market by Type
    • 10.5.6.3.2   Rest of South and Central America Automotive Steering System Market by Component
    • 10.5.6.3.3   Rest of South and Central America Automotive Steering System Market by Vehicle Type

11.        INDUSTRY LANDSCAPE

               11.1.       MERGERS AND ACQUISITIONS

               11.2.       AGREEMENTS, COLLABORATIONS AND JOIN VENTURES

               11.3.       NEW PRODUCT LAUNCHES

               11.4.       EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12.        AUTOMOTIVE STEERING SYSTEM MARKET, KEY COMPANY PROFILES

               12.1.     CHINA AUTOMOTIVE SYSTEMS, INC.

                              12.1.1.      Key Facts

                              12.1.2.      Business Description

                              12.1.3.      Products and Services

                              12.1.4.      Financial Overview

                              12.1.5.      SWOT Analysis

                              12.1.6.      Key Developments

               12.2.     DENSO CORPORATION.

                              12.2.1.      Key Facts

                              12.2.2.      Business Description

                              12.2.3.      Products and Services

                              12.2.4.      Financial Overview

                              12.2.5.      SWOT Analysis

                              12.2.6.      Key Developments

               12.3.     HITACHI AUTOMOTIVE SYSTEM LTD.

                              12.3.1.      Key Facts

                              12.3.2.      Business Description

                              12.3.3.      Products and Services

                              12.3.4.      Financial Overview

                              12.3.5.      SWOT Analysis

                              12.3.6.      Key Developments

               12.4.     HYUNDAI MOBIS CO. LTD.

                              12.4.1.      Key Facts

                              12.4.2.      Business Description

                              12.4.3.      Products and Services

                              12.4.4.      Financial Overview

                              12.4.5.      SWOT Analysis

                              12.4.6.      Key Developments

               12.5.     JTEKT CORPORATION

                              12.5.1.      Key Facts

                              12.5.2.      Business Description

                              12.5.3.      Products and Services

                              12.5.4.      Financial Overview

                              12.5.5.      SWOT Analysis

                              12.5.6.      Key Developments

               12.6.     MANDO CORPORATION

                              12.6.1.      Key Facts

                              12.6.2.      Business Description

                              12.6.3.      Products and Services

                              12.6.4.      Financial Overview

                              12.6.5.      SWOT Analysis

                              12.6.6.      Key Developments

               12.7.     NSK LTD.

                              12.7.1.      Key Facts

                              12.7.2.      Business Description

                              12.7.3.      Products and Services

                              12.7.4.      Financial Overview

                              12.7.5.      SWOT Analysis

                              12.7.6.      Key Developments

               12.8.     ROBERT BOSCH AUTOMOTIVE STEERING GMBH

                              12.8.1.      Key Facts

                              12.8.2.      Business Description

                              12.8.3.      Products and Services

                              12.8.4.      Financial Overview

                              12.8.5.      SWOT Analysis

                              12.8.6.      Key Developments

               12.9.     SHOWA CORPORATION

                              12.9.1.      Key Facts

                              12.9.2.      Business Description

                              12.9.3.      Products and Services

                              12.9.4.      Financial Overview

                              12.9.5.      SWOT Analysis

                              12.9.6.      Key Developments

               12.10.     THYSSENKRUPP AG

                              12.10.1.      Key Facts

                              12.10.2.      Business Description

                              12.10.3.      Products and Services

                              12.10.4.      Financial Overview

                              12.10.5.      SWOT Analysis

                              12.10.6.      Key Developments

13.        APPENDIX

               13.1.       ABOUT THE INSIGHT PARTNERS

               13.2.       GLOSSARY OF TERMS

The List of Companies

1. Robert Bosch Automotive Steering GmbH
2. ZF Friedrichshafen AG
3. Thyssenkrupp AG
4. JTEKT Corporation
5. Sona Koyo Steering Systems Ltd.
6. Mitsubishi Electric Corporation
7. Hyundai Mobis Co. Ltd.
8. TRW Automotive Holdings
9. Hitachi Automotive System Ltd.
10. China Automotive Systems, Inc.