Automotive Steering Wheel Market by Type (Dual-Spoke Steering Wheels, Single-Spoke Steering Wheels, Swing-Away Steering Wheel), Material (Leather, Metal, Plastic), Sales Channel, Vehicle Type - Global Forecast 2023-2030

Automotive Steering Wheel Market by Type (Dual-Spoke Steering Wheels, Single-Spoke Steering Wheels, Swing-Away Steering Wheel), Material (Leather, Metal, Plastic), Sales Channel, Vehicle Type - Global Forecast 2023-2030


The Automotive Steering Wheel Market is projected to reach USD 35.22 billion by 2030 from USD 19.71 billion in 2022, at a CAGR of 7.52% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Automotive Steering Wheel Market.
  • Based on Type, market is studied across Dual-Spoke Steering Wheels, Single-Spoke Steering Wheels, Swing-Away Steering Wheel, Telescoping Steering Wheel, and Three-Spoke Steering Wheels. The Three-Spoke Steering Wheels is projected to witness significant market share during forecast period.
  • Based on Material, market is studied across Leather, Metal, Plastic, Rubber, and Wooden. The Wooden is projected to witness significant market share during forecast period.
  • Based on Sales Channel, market is studied across Aftermarket and Original Equipment Manufacturer. The Aftermarket is projected to witness significant market share during forecast period.
  • Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Car. The Passenger Car is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Automotive Steering Wheel Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Automotive Steering Wheel Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Automotive Steering Wheel Market, highlighting leading vendors and their innovative profiles. These include Amani Forged Wheels, Autoliv Inc., Caravaggio Corvettes Inc., Fanatec by Endor AG, Gentherm, GKN Automotive Ltd., Grant Products, GSK InTek Co. Ltd., ISOTECNIC S.r.l., Joyson Safety Systems Aschaffenburg GmbH, KKR Metal Components, Lokar, Inc., Mitsubishi Electric Corporation, Moto-Lita Limited, MW Company LLC, Neaton Auto Products Manufacturing Inc., Nexteer Automotive Group Ltd., Nihon Plast Co., Ltd., Sparco S.p.A., Sun Autoelektrik Pvt., Ltd., ThyssenKrupp AG, Tokai Rika Co., Ltd., Toyoda Gosei Co., Ltd., Yanfeng Automotive Interior Systems Co., Ltd., and ZF Friedrichshafen AG.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Automotive Steering Wheel Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Automotive Steering Wheel Market?
  3. What is the competitive strategic window for identifying opportunities in the Automotive Steering Wheel Market?
  4. What are the latest technology trends and regulatory frameworks in the Automotive Steering Wheel Market?
  5. What is the market share of the leading vendors in the Automotive Steering Wheel Market?
  6. Which modes and strategic moves are suitable for entering the Automotive Steering Wheel Market?


Please Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Automotive Steering Wheel Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing vehicle production and sales worldwide
5.1.1.2. Rapid consumer shift towards automated driving and additional comfort in vehicles
5.1.1.3. Increasing demand for steering wheels for advanced safety and performance
5.1.2. Restraints
5.1.2.1. High cost of raw materials for steering wheels
5.1.3. Opportunities
5.1.3.1. Advancements and development of novel power steering wheels
5.1.3.2. Investment in research activities for the development of steering wheels
5.1.4. Challenges
5.1.4.1. Concern regarding functionality and operational issues of steering wheels
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Automotive Steering Wheel Market, by Type
6.1. Introduction
6.2. Dual-Spoke Steering Wheels
6.3. Single-Spoke Steering Wheels
6.4. Swing-Away Steering Wheel
6.5. Telescoping Steering Wheel
6.6. Three-Spoke Steering Wheels
7. Automotive Steering Wheel Market, by Material
7.1. Introduction
7.2. Leather
7.3. Metal
7.4. Plastic
7.5. Rubber
7.6. Wooden
8. Automotive Steering Wheel Market, by Sales Channel
8.1. Introduction
8.2. Aftermarket
8.3. Original Equipment Manufacturer
9. Automotive Steering Wheel Market, by Vehicle Type
9.1. Introduction
9.2. Commercial Vehicles
9.3. Passenger Car
10. Americas Automotive Steering Wheel Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Automotive Steering Wheel Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Automotive Steering Wheel Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Amani Forged Wheels
14.1.2. Autoliv Inc.
14.1.3. Caravaggio Corvettes Inc.
14.1.4. Fanatec by Endor AG
14.1.5. Gentherm
14.1.6. GKN Automotive Ltd.
14.1.7. Grant Products
14.1.8. GSK InTek Co. Ltd.
14.1.9. ISOTECNIC S.r.l.
14.1.10. Joyson Safety Systems Aschaffenburg GmbH
14.1.11. KKR Metal Components
14.1.12. Lokar, Inc.
14.1.13. Mitsubishi Electric Corporation
14.1.14. Moto-Lita Limited
14.1.15. MW Company LLC
14.1.16. Neaton Auto Products Manufacturing Inc.
14.1.17. Nexteer Automotive Group Ltd.
14.1.18. Nihon Plast Co., Ltd.
14.1.19. Sparco S.p.A.
14.1.20. Sun Autoelektrik Pvt., Ltd.
14.1.21. ThyssenKrupp AG
14.1.22. Tokai Rika Co., Ltd.
14.1.23. Toyoda Gosei Co., Ltd.
14.1.24. Yanfeng Automotive Interior Systems Co., Ltd.
14.1.25. ZF Friedrichshafen AG
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing

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