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Automotive Steering System Market

Automotive Steering System Market

Automotive Steering System Market Analysis, By Type (Hydraulic Powered Automotive Steering System, Electrically Powered Automotive Steering System), By Vehicle Type (Automotive Steering Systems for Passenger Vehicles - Global Survey 2021-2031

Automotive Steering System Market
FACT43MR
  • Jul-2021
  • List of Tables : 214
  • List of Figures : 66
  • 170 Pages
  • Automotive

Table of Content

Chapter 1. Global Automotive Steering System Market - Executive Summary. 12

Chapter 2. Global Automotive Steering System Market Overview. 14

2.1. Introduction. 14

       2.1.1. Global Automotive Steering System Market Taxonomy. 14

       2.1.2. Global Automotive Steering System Market Definition. 14

2.2. Global Automotive Steering System Market Size (US$ Mn) and Forecast, 2016-2031. 14

       2.2.1. Global Automotive Steering System Market Y-o-Y Growth. 14

2.3. Global Automotive Steering System Market Dynamics. 15

       2.3.1. Drivers. 15

       2.3.2. Restraints. 15

       2.3.3. Trends. 15

2.4. Supply Chain. 16

2.5. Cost Structure. 16

2.6. Key Participants Market Presence (Intensity Map) By Region. 17

Chapter 3. Global Automotive Steering System Market Analysis and Forecast By Product Type. 18

3.1. Global Automotive Steering System Market Size and Forecast By Product Type, 2016-2031. 18

       3.1.1. Electrically Powered Steering (  EPS) Automotive Steering System Market Size and Forecast, 2016-2031. 18

                3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 18

                3.1.1.2. Market Share Comparison, By Region. 20

                3.1.1.3. Y-o-Y growth Comparison, By Region. 20

       3.1.2. Manual Automotive Steering System Market Size and Forecast, 2016-2031. 21

                3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 21

                3.1.2.2. Market Share Comparison, By Region. 23

                3.1.2.3. Y-o-Y growth Comparison, By Region. 23

       3.1.3. Hydraulic Power Steering ( HPS) Automotive Steering System Market Size and Forecast, 2016-2031. 24

                3.1.3.1. Revenue (US$ Mn) Comparison, By Region. 24

                3.1.3.2. Market Share Comparison, By Region. 26

                3.1.3.3. Y-o-Y growth Comparison, By Region. 26

       3.1.4. Electro-Hydraulic Power Steering (E HPS) Automotive Steering System Market Size and Forecast, 2016-2031. 27

                3.1.4.1. Revenue (US$ Mn) Comparison, By Region. 27

                3.1.4.2. Market Share Comparison, By Region. 29

                3.1.4.3. 3.1.4.3. Y-o-Y growth Comparison, By Region. 30

Chapter 4. Global Automotive Steering System Market Analysis and Forecast By Vehicle Type. 31

4.1. Global Automotive Steering System Market Size and Forecast By Vehicle Type, 2016-2031. 31

       4.1.1. Passenger car Automotive Steering System Market Size and Forecast, 2016-2031. 31

                4.1.1.1. Revenue (US$ Mn) Comparison, By Region. 31

                4.1.1.2. 4.1.1.2. Market Share Comparison, By Region. 32

                4.1.1.3. Y-o-Y growth Comparison, By Region. 33

       4.1.2. LCV Automotive Steering System Market Size and Forecast, 2016-2031. 34

                4.1.2.1. Revenue (US$ Mn) Comparison, By Region. 34

                4.1.2.2. Market Share Comparison, By Region. 35

                4.1.2.3. Y-o-Y growth Comparison, By Region. 36

       4.1.3. HCV Automotive Steering System Market Size and Forecast, 2016-2031. 36

                4.1.3.1. Revenue (US$ Mn) Comparison, By Region. 36

                4.1.3.2. Market Share Comparison, By Region. 38

                4.1.3.3. Y-o-Y growth Comparison, By Region. 39

Chapter 5. Global Automotive Steering System Market Analysis and Forecast By Sales Channel. 40

5.1. Global Automotive Steering System Market Size and Forecast By Sales Channel, 2016-2031. 40

       5.1.1. OEM Automotive Steering System Market Size and Forecast, 2016-2031. 40

                5.1.1.1. Revenue (US$ Mn) Comparison, By Region. 40

                5.1.1.2. Market Share Comparison, By Region. 41

                5.1.1.3. Y-o-Y growth Comparison, By Region. 42

       5.1.2. Aftermarket Automotive Steering System Market Size and Forecast, 2016-2031. 42

                5.1.2.1. Revenue (US$ Mn) Comparison, By Region. 42

                5.1.2.2. Market Share Comparison, By Region. 44

                5.1.2.3. Y-o-Y growth Comparison, By Region. 45

Chapter 6. Global Automotive Steering System Market Analysis and Forecast By Region. 46

6.1. Global Automotive Steering System Market Size and Forecast, 2016-2031. 46

       6.1.1. North America Automotive Steering System Market Size and Forecast, 2016-2031. 46

                6.1.1.1. Revenue (US$ Mn) Comparison, By Product Type. 46

                6.1.1.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 47

                6.1.1.3. Revenue (US$ Mn) Comparison, By Sales Channel. 49

       6.1.2. Latin America Automotive Steering System Market Size and Forecast, 2016-2031. 50

       6.1.2.1. Revenue (US$ Mn) Comparison, By Product Type. 50

                6.1.2.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 52

                6.1.2.3. Revenue (US$ Mn) Comparison, By Sales Channel. 53

       6.1.3. Europe Automotive Steering System Market Size and Forecast, 2016-2031. 55

                6.1.3.1. Revenue (US$ Mn) Comparison, By Product Type. 55

                6.1.3.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 56

                6.1.3.3. 7.1.3.3. Revenue (US$ Mn) Comparison, By Sales Channel. 58

       6.1.4. Japan Automotive Steering System Market Size and Forecast, 2016-2031. 59

                6.1.4.1. Revenue (US$ Mn) Comparison, By Product Type. 59

                6.1.4.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 61

                6.1.4.3. Revenue (US$ Mn) Comparison, By Sales Channel. 62

       6.1.5. APEJ Automotive Steering System Market Size and Forecast, 2016-2031. 64

                6.1.5.1. Revenue (US$ Mn) Comparison, By Product Type. 64

                6.1.5.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 65

                6.1.5.3. Revenue (US$ Mn) Comparison, By Sales Channel. 67

       6.1.6. MEA Automotive Steering System Market Size and Forecast, 2016-2031. 68

                6.1.6.1. Revenue (US$ Mn) Comparison, By Product Type. 68

                6.1.6.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 70

                6.1.6.3. Revenue (US$ Mn) Comparison, By Sales Channel. 71

Chapter 7. North America Automotive Steering System Market Analysis and Forecast, By Country, 2016-2031. 74

7.1. US Automotive Steering System Market Size and Forecast, 2016-2031. 74

       7.1.1. Revenue (US$ Mn) Comparison, By Product Type. 74

       7.1.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 74

       7.1.3. Revenue (US$ Mn) Comparison, By Sales Channel. 75

7.2. Canada Automotive Steering System Market Size and Forecast, 2016-2031. 76

       7.2.1. Revenue (US$ Mn) Comparison, By Product Type. 76

       7.2.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 77

       7.2.3. Revenue (US$ Mn) Comparison, By Sales Channel. 77

Chapter 8. Latin America Automotive Steering System Market Analysis and Forecast, By Country, 2016-2031. 79

8.1. Brazil Automotive Steering System Market Size and Forecast, 2016-2031. 79

       8.1.1. Revenue (US$ Mn) Comparison, By Product Type. 79

       8.1.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 80

       8.1.3. Revenue (US$ Mn) Comparison, By Sales Channel. 80

8.2. Mexico Automotive Steering System Market Size and Forecast, 2016-2031. 81

       8.2.1. Revenue (US$ Mn) Comparison, By Product Type. 81

       8.2.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 82

       8.2.3. Revenue (US$ Mn) Comparison, By Sales Channel. 83

8.3. Argentina Automotive Steering System Market Size and Forecast, 2016-2031. 83

       8.3.1. Revenue (US$ Mn) Comparison, By Product Type. 83

       8.3.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 84

       8.3.3. Revenue (US$ Mn) Comparison, By Sales Channel. 85

Chapter 9. Europe Automotive Steering System Market Analysis and Forecast, By Country, 2016-2031. 86

9.1. Germany Automotive Steering System Market Size and Forecast, 2016-2031. 86

        9.1.1. Revenue (US$ Mn) Comparison, By Product Type. 86

       9.1.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 87

       9.1.3. Revenue (US$ Mn) Comparison, By Sales Channel. 87

9.2. UK Automotive Steering System Market Size and Forecast, 2016-2031. 88

       9.2.1. Revenue (US$ Mn) Comparison, By Product Type. 88

       9.2.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 89

       9.2.3. Revenue (US$ Mn) Comparison, By Sales Channel. 89

9.3. France Automotive Steering System Market Size and Forecast, 2016-2031. 90

       9.3.1. Revenue (US$ Mn) Comparison, By Product Type. 90

       9.3.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 91

       9.3.3. Revenue (US$ Mn) Comparison, By Sales Channel. 91

9.4. Spain Automotive Steering System Market Size and Forecast, 2016-2031. 92

       9.4.1. Revenue (US$ Mn) Comparison, By Product Type. 92

       9.4.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 93

       9.4.3. Revenue (US$ Mn) Comparison, By Sales Channel. 94

9.5. Italy Automotive Steering System Market Size and Forecast, 2016-2031. 94

       9.5.1. Revenue (US$ Mn) Comparison, By Product Type. 94

       9.5.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 95

       9.5.3. Revenue (US$ Mn) Comparison, By Sales Channel. 96

9.6. Nordic Automotive Steering System Market Size and Forecast, 2016-2031. 97

       9.6.1. Revenue (US$ Mn) Comparison, By Product Type. 97

       9.6.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 97

       9.6.3. Revenue (US$ Mn) Comparison, By Sales Channel. 98

Chapter 10. Japan Automotive Steering System Market Analysis and Forecast, By Country, 2016-2031. 100

       10.1.1. Japan Automotive Steering System Market Size and Forecast, 2016-2031. 100

10.1.1.1. Revenue (US$ Mn) Comparison, By Product Type. 100

       10.1.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 100

       10.1.3. Revenue (US$ Mn) Comparison, By Sales Channel. 101

Chapter 11. APEJ Automotive Steering System Market Analysis and Forecast, By Country, 2016-2031. 103

11.1. China Automotive Steering System Market Size and Forecast, 2016-2031. 103

       11.1.1. Revenue (US$ Mn) Comparison, By Product Type. 103

       11.1.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 103

       11.1.3. Revenue (US$ Mn) Comparison, By Sales Channel. 104

11.2. India Automotive Steering System Market Size and Forecast, 2016-2031. 105

       11.2.1. Revenue (US$ Mn) Comparison, By Product Type. 105

       11.2.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 106

       11.2.3. Revenue (US$ Mn) Comparison, By Sales Channel. 106

11.3. Malaysia Automotive Steering System Market Size and Forecast, 2016-2031. 107

       11.3.1. Revenue (US$ Mn) Comparison, By Product Type. 107

       11.3.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 108

       11.3.3. Revenue (US$ Mn) Comparison, By Sales Channel. 108

11.4. Thailand Automotive Steering System Market Size and Forecast, 2016-2031. 109

       11.4.1. Revenue (US$ Mn) Comparison, By Product Type. 109

       11.4.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 110

       11.4.3. Revenue (US$ Mn) Comparison, By Sales Channel. 110

11.5. Singapore Automotive Steering System Market Size and Forecast, 2016-2031. 111

       11.5.1. Revenue (US$ Mn) Comparison, By Product Type. 111

       11.5.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 112

       11.5.3. Revenue (US$ Mn) Comparison, By Sales Channel. 113

11.6. Australia Automotive Steering System Market Size and Forecast, 2016-2031. 114

       11.6.1. Revenue (US$ Mn) Comparison, By Product Type. 114

       11.6.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 114

       11.6.3. Revenue (US$ Mn) Comparison, By Sales Channel. 115

Chapter 12. MEA Automotive Steering System Market Analysis and Forecast, By Country, 2016-2031. 117

12.1. GCC Countries Automotive Steering System Market Size and Forecast, 2016-2031. 117

       12.1.1. Revenue (US$ Mn) Comparison, By Product Type. 117

       12.1.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 117

       12.1.3. Revenue (US$ Mn) Comparison, By Sales Channel. 118

12.2. South Africa Automotive Steering System Market Size and Forecast, 2016-2031. 119

       12.2.1. Revenue (US$ Mn) Comparison, By Product Type. 119

       12.2.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 120

       12.2.3. Revenue (US$ Mn) Comparison, By Sales Channel. 121

12.3. Nigeria Automotive Steering System Market Size and Forecast, 2016-2031. 121

       12.3.1. Revenue (US$ Mn) Comparison, By Product Type. 121

       12.3.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 122

       12.3.3. Revenue (US$ Mn) Comparison, By Sales Channel. 123

12.4. Israel Automotive Steering System Market Size and Forecast, 2016-2031. 124

       12.4.1. Revenue (US$ Mn) Comparison, By Product Type. 124

       12.4.2. Revenue (US$ Mn) Comparison, By Vehicle Type. 125

       12.4.3. Revenue (US$ Mn) Comparison, By Sales Channel. 126

Chapter 13. Global Automotive Steering System Market Company/Manufactures/Distributors/Suppliers Profile and Revenue Projections. 127

13.1. JTEKT Corporation. 127

       13.1.1. Company Overview. 127

       13.1.2. Product Overview. 127

       13.1.3. Key Financials. 128

       13.1.4. Key Developments. 128

13.2. ZF Friedrichshafen AG. 129

       13.2.1. Company Overview. 129

       13.2.2. Product Overview. 129

       13.2.3. Key Developments. 130

       13.2.4. SWOT Analysis. 130

13.3. ThyssenKrupp AG. 132

       13.3.1. Company Overview. 132

       13.3.2. Product Overview. 132

       13.3.3. Key Financials. 133

       13.3.4. Key Developments. 133

       13.3.5. SWOT Analysis. 133

13.4. NSK Ltd.. 137

       13.4.1. Company Overview. 137

       13.4.2. Product Overview. 137

       13.4.3. Key Financials. 138

       13.4.4. Key Developments. 138

       13.4.5. SWOT Analysis. 138

13.5. Nexteer Automotive Group Limited: Company Profile. 141

       13.5.1. Company Overview. 141

       13.5.2. Product Overview. 142

       13.5.3. Key Financials. 142

       13.5.4. Key Developments. 142

13.6. Mitsubishi Electric Corporation. 143

       13.6.1. Company Overview. 143

       13.6.2. Product Overview. 143

       13.6.3. Key Financials. 144

       13.6.4. Key Developments. 144

13.7. Hyundai Mobis Co. Ltd.. 145

       13.7.1. Company Overview. 145

       13.7.2. Product Overview. 145

       13.7.3. Key Financials. 146

13.8. China Automotive Systems, Inc.. 147

       13.8.1. Company Overview. 147

       13.8.2. Product Overview. 147

       13.8.3. Key Financials. 148

13.9. Sona Koyo Steering Systems Limited. 149

       13.9.1. Company Overview. 149

       13.9.2. Product Overview. 149

       13.9.3. Key Financials. 150

13.10. Robert Bosch Limited. 151

       13.10.1. Company Overview. 151

       13.10.2. Product Overview. 151

Chapter 14. Disclaimer and Contact information. 152

Know More Details About the Report

List of Tables

TABLE 1  Global Automotive Steering System Market Value (US$ Mn), 2016-2020  27

TABLE 2  Global Automotive Steering System Market Value (US$ Mn), 2021-2031  28

TABLE 3  Global Automotive Steering System Market Value (US$ Mn) and Y-o-Y, 2020-2031  29

TABLE 4  Global Electrically Powered Steering (  EPS) Segment Value (US$ Mn), By Region 2016-2020  33

TABLE 5  Global Electrically Powered Steering (  EPS) Segment Value (US$ Mn), By Region 2021-2031  34

TABLE 6  Global Electrically Powered Steering (  EPS) Segment Market Share, By Region 2016-2020  35

TABLE 7  Global Electrically Powered Steering (  EPS) Segment Market Share, By Region 2021-2031  35

TABLE 8  Global Electrically Powered Steering (  EPS) Segment Y-o-Y, By Region 2020-2031  35

TABLE 9  Global Manual Segment Value (US$ Mn), By Region 2016-2020  36

TABLE 10  Global Manual Segment Value (US$ Mn), By Region 2021-2031  37

TABLE 11  Global Manual Segment Market Share, By Region 2016-2020  38

TABLE 12  Global Manual Segment Market Share, By Region 2021-2031  38

TABLE 13  Global Manual Segment Y-o-Y, By Region 2020-2031  38

TABLE 14  Global Hydraulic Power Steering ( HPS) Segment Value (US$ Mn), By Region 2016-2020  39

TABLE 15  Global Hydraulic Power Steering ( HPS) Segment Value (US$ Mn), By Region 2021-2031  40

TABLE 16  Global Hydraulic Power Steering ( HPS) Segment Market Share, By Region 2016-2020  41

TABLE 17  Global Hydraulic Power Steering ( HPS) Segment Market Share, By Region 2021-2031  41

TABLE 18  Global Hydraulic Power Steering ( HPS) Segment Y-o-Y, By Region 2020-2031  41

TABLE 19  Global Electro-Hydraulic Power Steering (E HPS) Segment Value (US$ Mn), By Region 2016-2020  42

TABLE 20  Global Electro-Hydraulic Power Steering (E HPS) Segment Value (US$ Mn), By Region 2021-2031  43

TABLE 21  Global Electro-Hydraulic Power Steering (E HPS) Segment Market Share, By Region 2016-2020  44

TABLE 22  Global Electro-Hydraulic Power Steering (E HPS) Segment Market Share, By Region 2021-2031  44

TABLE 23  Global Electro-Hydraulic Power Steering (E HPS) Segment Y-o-Y, By Region 2020-2031  45

TABLE 24  Global Passenger car Segment Value (US$ Mn), By Region 2016-2020  46

TABLE 25  Global Passenger car Segment Value (US$ Mn), By Region 2021-2031  46

TABLE 26  Global Passenger car Segment Market Share, By Region 2016-2020  47

TABLE 27  Global Passenger car Segment Market Share, By Region 2021-2031  48

TABLE 28  Global Passenger car Segment Y-o-Y, By Region 2020-2031  48

TABLE 29  Global LCV Segment Value (US$ Mn), By Region 2016-2020  49

TABLE 30  Global LCV Segment Value (US$ Mn), By Region 2021-2031  49

TABLE 31  Global LCV Segment Market Share, By Region 2016-2020  50

TABLE 32  Global LCV Segment Market Share, By Region 2021-2031  51

TABLE 33  Global LCV Segment Y-o-Y, By Region 2020-2031  51

TABLE 34  Global HCV Segment Value (US$ Mn), By Region 2016-2020  52

TABLE 35  Global HCV Segment Value (US$ Mn), By Region 2021-2031  52

TABLE 36  Global HCV Segment Market Share, By Region 2016-2020  53

TABLE 37  Global HCV Segment Market Share, By Region 2021-2031  54

TABLE 38  Global HCV Segment Y-o-Y, By Region 2020-2031  54

TABLE 39  Global OEM Segment Value (US$ Mn), By Region 2016-2020  55

TABLE 40  Global OEM Segment Value (US$ Mn), By Region 2021-2031  55

TABLE 41  Global OEM Segment Market Share, By Region 2016-2020  56

TABLE 42  Global OEM Segment Market Share, By Region 2021-2031  57

TABLE 43  Global OEM Segment Y-o-Y, By Region 2020-2031  57

TABLE 44  Global Aftermarket Segment Value (US$ Mn), By Region 2016-2020  58

TABLE 45  Global Aftermarket Segment Value (US$ Mn), By Region 2021-2031  58

TABLE 46  Global Aftermarket Segment Market Share, By Region 2016-2020  59

TABLE 47  Global Aftermarket Segment Market Share, By Region 2021-2031  60

TABLE 48  Global Aftermarket Segment Y-o-Y, By Region 2020-2031  60

TABLE 49  North America Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  61

TABLE 50  North America Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  61

TABLE 51  North America Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  62

TABLE 52  North America Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  63

TABLE 53  North America Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  64

TABLE 54  North America Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  64

TABLE 55  Latin America Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  65

TABLE 56  Latin America Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  66

TABLE 57  Latin America Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  67

TABLE 58  Latin America Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  67

TABLE 59  Latin America Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  68

TABLE 60  Latin America Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  69

TABLE 61  Europe Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  70

TABLE 62  Europe Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  70

TABLE 63  Europe Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  71

TABLE 64  Europe Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  72

TABLE 65  Europe Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  73

TABLE 66  Europe Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  73

TABLE 67  Japan Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  74

TABLE 68  Japan Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  75

TABLE 69  Japan Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  76

TABLE 70  Japan Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  76

TABLE 71  Japan Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  77

TABLE 72  Japan Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  78

TABLE 73  APEJ Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  79

TABLE 74  APEJ Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  79

TABLE 75  APEJ Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  80

TABLE 76  APEJ Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  81

TABLE 77  APEJ Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  82

TABLE 78  APEJ Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  82

TABLE 79  MEA Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  83

TABLE 80  MEA Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  84

TABLE 81  MEA Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  85

TABLE 82  MEA Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  85

TABLE 83  MEA Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  86

TABLE 84  MEA Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  87

TABLE 85  US Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  89

TABLE 86  US Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  89

TABLE 87  US Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  89

TABLE 88  US Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  90

TABLE 89  US Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  90

TABLE 90  US Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  90

TABLE 91  Canada Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  91

TABLE 92  Canada Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  91

TABLE 93  Canada Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  92

TABLE 94  Canada Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  92

TABLE 95  Canada Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  92

TABLE 96  Canada Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  92

TABLE 97  Brazil Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  94

TABLE 98  Brazil Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  94

TABLE 99  Brazil Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  95

TABLE 100  Brazil Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  95

TABLE 101  Brazil Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  95

TABLE 102  Brazil Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  96

TABLE 103  Mexico Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  96

TABLE 104  Mexico Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  96

TABLE 105  Mexico Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  97

TABLE 106  Mexico Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  97

TABLE 107  Mexico Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  98

TABLE 108  Mexico Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  98

TABLE 109  Argentina Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  98

TABLE 110  Argentina Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  99

TABLE 111  Argentina Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  99

TABLE 112  Agentina Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  99

TABLE 113  Argentina Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  100

TABLE 114  Argentina Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  100

TABLE 115  Germany Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  101

TABLE 116  Germany Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  101

TABLE 117  Germany Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  102

TABLE 118  Germany Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  102

TABLE 119  Germany Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  102

TABLE 120  Germany Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  102

TABLE 121  System Market Value (US$ Mn), By Product Type 2016-2020Manual  103

TABLE 122  UK Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  103

TABLE 123  UK Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  104

TABLE 124  UK Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  104

TABLE 125  UK Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  104

TABLE 126  UK Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  104

TABLE 127  France Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  105

TABLE 128  France Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  105

TABLE 129  France Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  106

TABLE 130  France Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  106

TABLE 131  France Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  106

TABLE 132  France Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  107

TABLE 133  System Market Value (US$ Mn), By Product Type 2016-2020Manual  107

TABLE 134  Spain Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  108

TABLE 135  Spain Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  108

TABLE 136  Spain Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  108

TABLE 137  Spain Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  109

TABLE 138  Spain Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  109

TABLE 139  System Market Value (US$ Mn), By Product Type 2016-2020Manual  110

TABLE 140  Italy Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  110

TABLE 141  Italy Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  110

TABLE 142  Italy Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  111

TABLE 143  Italy Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  111

TABLE 144  Italy Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  111

TABLE 145  System Market Value (US$ Mn), By Product Type 2016-2020Manual  112

TABLE 146  Nordic Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  112

TABLE 147  Nordic Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  113

TABLE 148  Nordic Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  113

TABLE 149  Nordic Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  113

TABLE 150  Nordic Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  113

TABLE 151  System Market Value (US$ Mn), By Product Type 2016-2020Manual  115

TABLE 152  Japan Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  115

TABLE 153  Japan Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  116

TABLE 154  Japan Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  116

TABLE 155  Japan Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  116

TABLE 156  Japan Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  116

TABLE 157  System Market Value (US$ Mn), By Product Type 2016-2020Manual  118

TABLE 158  China Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  118

TABLE 159  China Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  119

TABLE 160  China Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  119

TABLE 161  China Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  119

TABLE 162  China Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  119

TABLE 163  System Market Value (US$ Mn), By Product Type 2016-2020Manual  120

TABLE 164  India Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  120

TABLE 165  India Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  121

TABLE 166  India Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  121

TABLE 167  India Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  121

TABLE 168  India Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  121

TABLE 169  System Market Value (US$ Mn), By Product Type 2016-2020Manual  122

TABLE 170  Malaysia Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  122

TABLE 171  Malaysia Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  123

TABLE 172  Malaysia Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  123

TABLE 173  Malaysia Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  123

TABLE 174  Malaysia Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  124

TABLE 175  System Market Value (US$ Mn), By Product Type 2016-2020Manual  124

TABLE 176  Thailand Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  124

TABLE 177  Thailand Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  125

TABLE 178  Thailand Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  125

TABLE 179  Thailand Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  125

TABLE 180  Thailand Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  126

TABLE 181  System Market Value (US$ Mn), By Product Type 2016-2020Manual  127

TABLE 182  Singapore Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  127

TABLE 183  Singapore Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  127

TABLE 184  Singapore Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  127

TABLE 185  Singapore Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  128

TABLE 186  Singapore Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  128

TABLE 187  System Market Value (US$ Mn), By Product Type 2016-2020Manual  129

TABLE 188  Australia Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  129

TABLE 189  Australia Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  130

TABLE 190  Australia Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  130

TABLE 191  Australia Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  130

TABLE 192  Australia Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  130

TABLE 193  GCC Countries Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  132

TABLE 194  GCC Countries Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  133

TABLE 195  GCC Countries Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  133

TABLE 196  GCC Countries Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  133

TABLE 197  GCC Countries Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  133

TABLE 198  South Africa Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  134

TABLE 199  South Africa Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  135

TABLE 200  South Africa Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  135

TABLE 201  South Africa Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  136

TABLE 202  South Africa Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  136

TABLE 203  System Market Value (US$ Mn), By Product Type 2016-2020Manual  136

TABLE 204  Nigeria Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  136

TABLE 205  Nigeria Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  137

TABLE 206  Nigeria Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  137

TABLE 207  Nigeria Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  139

TABLE 208  Nigeria Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  139

TABLE 209  System Market Value (US$ Mn), By Product Type 2016-2020Manual  139

TABLE 210  Israel Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  140

TABLE 211  Israel Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  140

TABLE 212  Israel Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  140

TABLE 213  Israel Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  141

TABLE 214  Israel Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  141

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List of Figures

FIG. 1  Global Automotive Steering System Market Value (US$ Mn), 2016-2020  17

FIG. 2  Global Automotive Steering System Market Value (US$ Mn) Forecast, 2021-2031  17

FIG. 3  Global Automotive Steering System Market Value (US$ Mn) and Y-o-Y, 2020-2031  19

FIG. 4  Global Electrically Powered Steering (  EPS) Segment Market Value (US$ Mn) By Region, 2016-2020  22

FIG. 5  Global Electrically Powered Steering (  EPS) Segment Market Value (US$ Mn) By Region, 2021-2031  23

FIG. 6  Global Electrically Powered Steering (  EPS) Segment Y-o-Y Growth Rate, By Region, 2020-2031  25

FIG. 7  Global Manual Segment Market Value (US$ Mn) By Region, 2016-2020  25

FIG. 8  Global Manual Segment Market Value (US$ Mn) By Region, 2021-2031  26

FIG. 9  Global Manual Segment Y-o-Y Growth Rate, By Region, 2020-2031  28

FIG. 10  Global Hydraulic Power Steering ( HPS) Segment Market Value (US$ Mn) By Region, 2016-2020  28

FIG. 11  Global Hydraulic Power Steering ( HPS) Segment Market Value (US$ Mn) By Region, 2021-2031  29

FIG. 12  Global Hydraulic Power Steering ( HPS) Segment Y-o-Y Growth Rate, By Region, 2020-2031  31

FIG. 13  Global Electro-Hydraulic Power Steering (E HPS) Segment Market Value (US$ Mn) By Region, 2016-2020  32

FIG. 14  Global Electro-Hydraulic Power Steering (E HPS) Segment Market Value (US$ Mn) By Region, 2021-2031  32

FIG. 15  Global Electro-Hydraulic Power Steering (E HPS) Segment Y-o-Y Growth Rate, By Region, 2020-2031  34

FIG. 16  Global Passenger car Segment Market Value (US$ Mn) By Region, 2016-2020  35

FIG. 17  Global Passenger car Segment Market Value (US$ Mn) By Region, 2021-2031  36

FIG. 18  Global Passenger car Segment Y-o-Y Growth Rate, By Region, 2020-2031  37

FIG. 19  Global LCV Segment Market Value (US$ Mn) By Region, 2016-2020  38

FIG. 20  Global LCV Segment Market Value (US$ Mn) By Region, 2021-2031  39

FIG. 21  Global LCV Segment Y-o-Y Growth Rate, By Region, 2020-2031  40

FIG. 22  Global HCV Segment Market Value (US$ Mn) By Region, 2016-2020  41

FIG. 23  Global HCV Segment Market Value (US$ Mn) By Region, 2021-2031  42

FIG. 24  Global HCV Segment Y-o-Y Growth Rate, By Region, 2020-2031  43

FIG. 25  Global OEM Segment Market Value (US$ Mn) By Region, 2016-2020  44

FIG. 26  Global OEM Segment Market Value (US$ Mn) By Region, 2021-2031  45

FIG. 27  Global OEM Segment Y-o-Y Growth Rate, By Region, 2020-2031  46

FIG. 28  Global Aftermarket Segment Market Value (US$ Mn) By Region, 2016-2020  47

FIG. 29  Global Aftermarket Segment Market Value (US$ Mn) By Region, 2021-2031  48

FIG. 30  Global Aftermarket Segment Y-o-Y Growth Rate, By Region, 2020-2031  49

FIG. 31  North America Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  50

FIG. 32  North America Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  51

FIG. 33  North America Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  52

FIG. 34  North America Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  52

FIG. 35  North America Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  53

FIG. 36  North America Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  54

FIG. 37  Latin America Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  55

FIG. 38  Latin America Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  55

FIG. 39  Latin America Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  56

FIG. 40  Latin America Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  57

FIG. 41  Latin America Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  58

FIG. 42  Latin America Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  58

FIG. 43  Europe Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  59

FIG. 44  Europe Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  60

FIG. 45  Europe Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  61

FIG. 46  Europe Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  61

FIG. 47  Europe Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  62

FIG. 48  Europe Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  63

FIG. 49  Japan Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  64

FIG. 50  Japan Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  64

FIG. 51  Japan Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  65

FIG. 52  Japan Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  66

FIG. 53  Japan Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  67

FIG. 54  Japan Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  67

FIG. 55  APEJ Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  68

FIG. 56  APEJ Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  69

FIG. 57  APEJ Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  70

FIG. 58  APEJ Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  70

FIG. 59  APEJ Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  71

FIG. 60  APEJ Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  72

FIG. 61  MEA Automotive Steering System Market Value (US$ Mn), By Product Type 2016-2020  73

FIG. 62  MEA Automotive Steering System Market Value (US$ Mn), By Product Type 2021-2031  73

FIG. 63  MEA Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2016-2020  74

FIG. 64  MEA Automotive Steering System Market Value (US$ Mn), By Vehicle Type 2021-2031  75

FIG. 65  MEA Automotive Steering System Market Value (US$ Mn), By Sales Channel 2016-2020  76

FIG. 66  MEA Automotive Steering System Market Value (US$ Mn), By Sales Channel 2021-2031  76

Automotive Steering System Market- Scope of Report

A recent study by Fact.MR on the automotive steering system market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with offering automotive steering systems.

The study also provides the dynamics responsible for influencing the future status of the automotive steering system market over the forecast period. A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report.

A list of prominent companies operating in the automotive steering system market, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of automotive steering systems across the globe.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of automotive steering system during the forecast period. Price point comparison by region with global average price is also considered in the study.

Key Questions Answered in Report

  • Which are the most lucrative automotive steering system markets?
  • Which factors will impact the growth of automotive steering systems?
  • How will changing trends impact the strategies of market players?
  • How can market players capture the low-hanging opportunities across regions?
  • Which companies are leading the automotive steering system industry?
  • What are the winning strategies of stakeholders in the market?

Analysis on Market Size Evaluation

The market has been analyzed for each segment in terms of volume (‘000 Units) and value (US$ Mn).

Estimates at global and regional levels for automotive steering system are available in terms of “US$ Mn” for value and in “‘000 Units” for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global automotive steering system market.

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the automotive steering system market during the forecast period.

Country-specific valuation on demand for automotive steering system has been offered for each region, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

In-depth Analysis on Competition Analysis

The report sheds light on leading manufacturers of automotive steering systems, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering automotive steering systems has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the automotive steering system domain. 

Research Methodology

In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the automotive steering system industry, and reach conclusions on the future growth parameters. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the drawn conclusions.

Secondary resources referred to by analysts during the preparation of the market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of the research report as a primary resource.

- FAQs -

As of 2020, the market for automotive steering systems reached nearly US$ 23 Bn

The automotive steering system is expected to surpass a CAGR of 4% from 2021-2031.

The automotive steering system market is expected to reach nearly US$ 34 Bn by 2031

Driving flexibility, advanced electric power and constant redesigning of the systems are the key trends driving automotive steering system sales.

East Asia and South Asia will collectively generate over 60% revenue until 2031

Nexteer Automotive Group Limited, JTEKT Corporation, ThyssenKrupp AG, NSK Ltd., Mitsubishi Electric Corporation, China Automotive Systems Inc., Sona Koyo Steering Systems Limited and Robert Bosch Limited are some prominent manufacturers

China, Japan and India are the top three countries driving demand for automotive steering system

The electronic steering system type is expected to hold the highest share for sales, expanding at over 5% CAGR

The automotive steering system industry is expected to register a CAGR around 4% throughout North America

Heavy Commercial Vehicles (HCV) are expected to capture almost 40% revenue share until 2031

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Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.