Automotive Steering Systems Global Market Report 2024

Description

Automotive steering systems are mechanisms that allow drivers to control a vehicle's direction. These systems convert the rotational motion of the steering wheel into the turning motion of the vehicle's wheels, ensuring precise maneuverability and responsiveness on the road. They are crucial for vehicle handling, safety, and driver control in different driving conditions.

The primary components of automotive steering systems include the hydraulic pump, steering column or rack, sensors, electric motor, and others. A hydraulic pump is a mechanical device that produces hydraulic power, transforming mechanical force into fluid pressure to aid in steering movement. It is vital in traditional hydraulic steering systems, supplying the necessary pressure for smooth steering operation. The various mechanisms include electronic power steering, hydraulic power steering, and electrically assisted hydraulic power steering, with different pinion types such as single and dual. These systems are distributed through original equipment manufacturers and the aftermarket and are utilized in various vehicles, including passenger cars, compact, mid-size, premium, sports utility vehicles, light commercial vehicles, and heavy commercial vehicles.

The automotive steering systems market research report is one of a series of new reports from The Business Research Company that provides automotive steering systems market statistics, including automotive steering systems industry global market size, regional shares, competitors with an automotive steering systems market share, detailed automotive steering systems market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive steering systems industry. This automotive steering systems research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive steering systems market size has grown strongly in recent years. It will grow from $26.70 billion in 2023 to $28.36 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth during the historic period can be attributed to several factors, increased vehicle production, urbanization growth, higher demand for autonomous vehicles, advancements in automotive electrification, and a greater emphasis on sustainable mobility solutions.

The automotive steering systems market size is expected to see strong growth in the next few years. It will grow to $36.24 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to several factors, the increasing adoption of power steering systems in the automotive sector, growing sales of electric vehicles, rising disposable income, the increasing use of sensors, and the rising demand for both electric and fuel-efficient vehicles. Major trends expected during this period include technological advancements, integration with battery-swapping stations, improvements in sensor technology, incorporation of advanced safety features in automobiles, and the integration of AI technologies.

The growing demand for electric vehicles is expected to drive the expansion of the automotive steering systems market. Electric vehicles, powered by rechargeable batteries, produce zero tailpipe emissions and offer a sustainable alternative to traditional gasoline-powered cars. This rising demand for electric vehicles is due to environmental concerns about emissions, government incentives promoting clean energy adoption, and advancements in battery technology that improve driving range and performance. In electric vehicles, automotive steering systems ensure efficient and responsive control, optimizing handling and safety within the context of electric propulsion technology. For instance, the International Energy Agency, an intergovernmental organization based in France, reported that electric vehicle sales increased by 3.5 million in 2023 compared to 2022, marking a 35% annual rise. Hence, the increasing demand for electric vehicles is fueling the growth of the automotive steering systems market.

Leading companies in automotive steering systems are concentrating on developing technological advancements, such as modular steering. These advancements aim to meet a wide range of original equipment manufacturer requirements for advanced steering systems in heavier vehicles, including electric and light commercial vehicles. Modular steering systems have interchangeable components that allow for easy configuration and adaptation across various vehicles, offering flexibility and efficiency in both manufacturing and maintenance. For example, in April 2023, Nexteer Automotive, a US-based technology company, introduced the Modular Rack-Assist Electric Power Steering System. This innovative technology aims to revolutionize vehicle steering capabilities with several unique features. The system's modular design enhances flexibility and scalability across different vehicle platforms, enabling automakers to efficiently adapt steering systems to various models and configurations. It includes advanced electric power assistance, optimizing steering response and providing precise control under varying driving conditions.

In May 2021, Hebner GmbH, a German supplier for the mobility industry, acquired Vehicle Systems Engineering B.V. for an undisclosed amount. This acquisition aims to expand Hebner GmbH's capabilities in the field of automotive steering systems and help the company achieve a leading position in the market for sophisticated chassis solutions for commercial vehicles, buses, and railway vehicles. Vehicle Systems Engineering B.V., based in the Netherlands, manufactures electronically controlled steering and suspension systems for commercial vehicles.

Major companies operating in the automotive steering systems market are Robert Bosch GmbH, Hitachi Ltd., DENSO Corporation, ThyssenKrupp AG, ZF Friedrichshafen AG, Hyundai Mobis Co. Ltd., Eaton Corporation plc, Schaeffler AG, NSK Steering System Co. Ltd., Nexteer Automotive Corporation, Leopold Kostal GmbH & Co. KG, Kayaba Industry Co. Ltd., Showa Corporation, Kongsberg Automotive Holding ASA, Global Steering Systems LLC, China Automotive Systems Inc., Rane Holdings Limited, JTEKT Corporation, Pailton Engineering Ltd., ILJIN Corporation, Dalian Wanda Power Steering System Co. Ltd., Zhejiang Wanda Steering Gear Co. Ltd.

North America was the largest region in the automotive steering systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive steering systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive steering systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive steering systems market consists of sales of steering wheels, power steering pumps, steering control modules, steering dampers, steering fluid, power steering systems, steering sensors, and control units. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Automotive Steering Systems Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on automotive steering systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
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Where is the largest and fastest growing market for automotive steering systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive steering systems market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Component: Hydraulic Pump; Steering Or Column Or Rack; Sensors; Electric Motor; Other Components
2) By Mechanism: Electronic Power Steering; Hydraulic Power Steering; Electrically Assisted Hydraulic Power Steering
3) By Pinion Type: Single; Dual
4) By Sales Channel: Original Equipment Manufacturer; After Market
5) By Vehicle: Passenger Cars; Compact; Mid-Size; Premium; Sports Utility Vehicle; Light Commercial Vehicles; Heavy Commercial Vehicles
Companies Mentioned: Robert Bosch GmbH; Hitachi Ltd.; DENSO Corporation; ThyssenKrupp AG; ZF Friedrichshafen AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r19052

1. Executive Summary

2. Automotive Steering Systems Market Characteristics

3. Automotive Steering Systems Market Trends And Strategies

4. Automotive Steering Systems Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Automotive Steering Systems Market Size and Growth

5.1. Global Automotive Steering Systems Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Automotive Steering Systems Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Automotive Steering Systems Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Automotive Steering Systems Market Segmentation

6.1. Global Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hydraulic Pump
Steering Or Column Or Rack
Sensors
Electric Motor
Other Components
6.2. Global Automotive Steering Systems Market, Segmentation By Mechanism, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Electronic Power Steering
Hydraulic Power Steering
Electrically Assisted Hydraulic Power Steering
6.3. Global Automotive Steering Systems Market, Segmentation By Pinion Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Single
Dual
6.4. Global Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Original Equipment Manufacturer
After Market
6.5. Global Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Passenger Cars
Compact
Mid-Size
Premium
Sports Utility Vehicle
Light Commercial Vehicles
Heavy Commercial Vehicles

7. Automotive Steering Systems Market Regional And Country Analysis

7.1. Global Automotive Steering Systems Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Automotive Steering Systems Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Automotive Steering Systems Market

8.1. Asia-Pacific Automotive Steering Systems Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Automotive Steering Systems Market

9.1. China Automotive Steering Systems Market Overview
9.2. China Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Automotive Steering Systems Market

10.1. India Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Automotive Steering Systems Market

11.1. Japan Automotive Steering Systems Market Overview
11.2. Japan Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Automotive Steering Systems Market

12.1. Australia Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Automotive Steering Systems Market

13.1. Indonesia Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Automotive Steering Systems Market

14.1. South Korea Automotive Steering Systems Market Overview
14.2. South Korea Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Automotive Steering Systems Market

15.1. Western Europe Automotive Steering Systems Market Overview
15.2. Western Europe Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Automotive Steering Systems Market

16.1. UK Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Automotive Steering Systems Market

17.1. Germany Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Automotive Steering Systems Market

18.1. France Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Automotive Steering Systems Market

19.1. Italy Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Automotive Steering Systems Market

20.1. Spain Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Automotive Steering Systems Market

21.1. Eastern Europe Automotive Steering Systems Market Overview
21.2. Eastern Europe Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Automotive Steering Systems Market

22.1. Russia Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Automotive Steering Systems Market

23.1. North America Automotive Steering Systems Market Overview
23.2. North America Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Automotive Steering Systems Market

24.1. USA Automotive Steering Systems Market Overview
24.2. USA Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Automotive Steering Systems Market

25.1. Canada Automotive Steering Systems Market Overview
25.2. Canada Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Automotive Steering Systems Market

26.1. South America Automotive Steering Systems Market Overview
26.2. South America Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Automotive Steering Systems Market

27.1. Brazil Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Automotive Steering Systems Market

28.1. Middle East Automotive Steering Systems Market Overview
28.2. Middle East Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Automotive Steering Systems Market

29.1. Africa Automotive Steering Systems Market Overview
29.2. Africa Automotive Steering Systems Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Automotive Steering Systems Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Automotive Steering Systems Market, Segmentation By Vehicle, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Automotive Steering Systems Market Competitive Landscape And Company Profiles

30.1. Automotive Steering Systems Market Competitive Landscape
30.2. Automotive Steering Systems Market Company Profiles
- 30.2.1. Robert Bosch GmbH
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Hitachi Ltd.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. DENSO Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. ThyssenKrupp AG
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. ZF Friedrichshafen AG
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Automotive Steering Systems Market Other Major And Innovative Companies

31.1. Hyundai Mobis Co. Ltd.
31.2. Eaton Corporation plc
31.3. Schaeffler AG
31.4. NSK Steering System Co. Ltd.
31.5. Nexteer Automotive Corporation
31.6. Leopold Kostal GmbH & Co. KG
31.7. Kayaba Industry Co. Ltd.
31.8. Showa Corporation
31.9. Kongsberg Automotive Holding ASA
31.10. Global Steering Systems LLC
31.11. China Automotive Systems Inc.
31.12. Rane Holdings Limited
31.13. JTEKT Corporation
31.14. Pailton Engineering Ltd.
31.15. ILJIN Corporation

32. Global Automotive Steering Systems Market Competitive Benchmarking

33. Global Automotive Steering Systems Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Automotive Steering Systems Market

35. Automotive Steering Systems Market Future Outlook and Potential Analysis

35.1 Automotive Steering Systems Market In 2028 - Countries Offering Most New Opportunities
35.2 Automotive Steering Systems Market In 2028 - Segments Offering Most New Opportunities
35.3 Automotive Steering Systems Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer