United Arab Emirates (UAE) Automotive Steering Market Overview, 2029

United Arab Emirates (UAE) Automotive Steering Market Overview, 2029

The United Arab Emirates (UAE) automotive steering market is a thriving and dynamic sector, driven by the country's rapid economic growth, luxurious lifestyle, and increasing demand for advanced safety features in vehicles. As the UAE continues to invest in its infrastructure and smart city initiatives, the automotive industry, including the steering market, is poised for further expansion. UAE automotive steering market is the preference for luxury and high-performance vehicles, which often come equipped with advanced steering systems. This demand for sophisticated steering technologies is further fueled by the UAE's commitment to enhancing road safety and reducing traffic accidents. Automotive manufacturers and steering system suppliers are focusing on developing innovative solutions that cater to the unique requirements of the UAE market. The UAE has attracted several global automotive companies, which have established a significant presence in the country either directly or through collaborations with local partners. Some of these prominent companies include Robert Bosch GmbH, ZF Friedrichshafen AG, and Nexteer Automotive. These companies supply steering components and systems to both local and international vehicle manufacturers, ensuring a diverse and competitive market landscape. Government policies and regulations play a crucial role in shaping the UAE automotive industry, including the steering market. The UAE government has implemented stringent safety and quality standards, which are in line with international best practices. Compliance with these standards is essential for steering component manufacturers and suppliers operating in the UAE market. Additionally, the government's focus on promoting sustainable practices has led to an increased emphasis on fuel efficiency and eco-friendly steering technologies. The UAE automotive steering market is influenced by various factors, such as consumer preferences, vehicle trends, technological advancements, and government initiatives. The electric and hybrid vehicles in the UAE, driven by environmental concerns and government incentives, presents new opportunities for steering system manufacturers to develop energy-efficient and customized solutions. Furthermore, the integration of advanced driver assistance systems (ADAS) and autonomous driving technologies is shaping the future of the steering market in the UAE. The UAE government supports the automotive industry through various initiatives, such as the Dubai Industrial Strategy 2030 and the Abu Dhabi Industrial Strategy, which aim to enhance the competitiveness of the local manufacturing sector.

According to the research report ""UAE Automotive Steering Market Overview, 2029,"" published by Bonafide Research, the UAE Automotive Steering market is anticipated to grow at more than 3.2% CAGR from 2024 to 2029. The anticipated growth in the UAE automotive steering market can be linked to several factors, such as the rising demand for luxury vehicles, the incorporation of advanced driver assistance systems (ADAS), and the increased emphasis on vehicle safety and comfort. However, this growth also brings forth certain challenges and underscores the importance of flexibility in the market. A key challenge faced by the UAE automotive steering market is the high cost associated with advanced steering systems. The incorporation of sophisticated technologies, like steering sensors and electric power steering (EPS) systems, raises the overall vehicle cost, which could potentially restrict market growth in price-sensitive segments. Furthermore, importing steering components and systems from other countries may present logistical challenges and additional expenses, further impacting market growth. The surging demand for luxury vehicles and SUVs in the UAE offers a substantial opportunity for the automotive steering market. Since these vehicles typically feature advanced steering systems, the growing preference for premium automobiles is likely to drive the demand for steering components. Moreover, the increasing adoption of ADAS and autonomous driving technologies is expected to boost the steering sensor segment, as these systems depend on precise and reliable steering inputs. Flexibility is vital in the UAE automotive steering market to accommodate the diverse requirements of various vehicle segments and adapt to rapidly changing technologies. Manufacturers should invest in research and development to create innovative, cost-effective, and efficient steering solutions that can be seamlessly integrated into different vehicle types.

As the automotive industry in the United Arab Emirates continues to thrive, the demand for advanced and efficient steering systems has skyrocketed. At the forefront of this trend is the ever-growing adoption of power steering technologies, which have become an indispensable feature in modern vehicles across the UAE. Power steering, a marvel of engineering, has revolutionized the driving experience by significantly reducing the physical effort required to maneuver vehicles, particularly in urban environments with tight turns and parking spaces. Within this realm, two variants have emerged as industry leaders: hydraulic power steering and electric power steering . Hydraulic power steering, a time-tested solution, employs a hydraulic system to amplify the driver's inputs, providing exceptional steering assist. This technology has found widespread acceptance in the UAE, particularly in larger vehicles such as SUVs and pickup trucks, which often navigate the country's rugged terrain and demanding off-road conditions. Envision a sturdy Toyota Land Cruiser effortlessly conquering the dunes of the Empty Quarter, its hydraulic power steering system ensuring precise control and unwavering stability, even in the most challenging environments. Electric power steering, on the other hand, represents the cutting edge of automotive innovation, aligning with the UAE's commitment to sustainability and energy efficiency. This technology relies on an electric motor to augment the driver's steering inputs, conserving energy and reducing environmental impact. The UAE's automotive market is witnessing the emergence of other innovative steering technologies that cater to the diverse needs of drivers in the region. Variable gear ratio steering, for instance, adapts the steering ratio based on vehicle speed, offering precise control during low-speed maneuvers and enhanced stability at higher speeds – a true chameleon of the steering world, perfectly suited for the dynamic driving conditions of the UAE.

At the forefront of the UAE's automotive world stand the passenger vehicles, encompassing the high-end luxury cars, the versatile SUVs, and the spacious vans. These vehicles demand steering systems that strike a delicate balance between responsiveness and comfort. Rack and pinion steering systems are a popular choice, offering precise and direct steering feel, while electric power steering systems provide effortless maneuverability, particularly in the bustling city streets of Dubai and Abu Dhabi. The commercial vehicle segment, comprising trucks and buses, represents the workhorses of the UAE's transportation industry. These vehicles require steering systems capable of handling immense loads and demanding driving conditions, including the harsh desert terrain. Hydraulic power steering systems are widely adopted in this segment, providing the necessary steering assist to maneuver these behemoths with ease, whether navigating the urban construction sites of Dubai or transporting goods across the vast expanses of the Emirates. Recirculating ball steering systems also find applications in certain commercial vehicles in the UAE, offering smooth and effortless steering, even under heavy loads. For those seeking adventure and excitement beyond the confines of the UAE's paved roads, the off-road vehicle segment offers a thrilling experience. All-terrain vehicles (ATVs), utility terrain vehicles (UTVs), and dirt bikes demand steering systems that can withstand rugged terrain, high impacts, and extreme conditions of the Arabian desert. Hydraulic power steering systems are a popular choice in this segment, offering exceptional steering assist and precise control over uneven surfaces, whether conquering the dunes of the Empty Quarter or exploring the rugged terrain of the Hajar Mountains. Additionally, specialized steering components, such as heavy-duty tie rods and robust steering knuckles, are designed to withstand the rigors of off-road driving in the UAE's diverse landscapes. Across these diverse vehicle types, the steering system plays a crucial role in ensuring a safe, comfortable, and enjoyable driving experience in the UAE. Local and international automakers continuously innovate and refine steering technologies to meet the evolving needs of different segments in the Emirates, incorporating advanced materials, electronics, and intelligent systems to enhance performance, efficiency, and driver convenience. From the agile responsiveness required for urban driving to the brute force needed for hauling heavy loads across vast distances, each vehicle type demands a tailored steering solution.

The UAE's steering component market is experiencing rapid expansion in the steering sensor segment, driven by the continuous development of advanced driver assistance systems (ADAS) and autonomous driving technologies. The growing need for accurate and reliable steering sensors is essential for ensuring safe and efficient steering functions. These sensors, including torque sensors, angle sensors, and speed sensors, provide vital data to vehicle control systems. UAE-based companies are actively investing in research and development to create innovative steering sensor technologies that cater to the evolving needs of the automotive industry, paving the way for safer and better-connected vehicles in the region. The steering gear stands as the leading component of the steering system in the UAE market, responsible for converting the steering wheel's rotational motion into linear motion and enabling the wheels to steer accordingly. Manufacturers in the UAE are recognized for producing high-quality steering gears, such as rack and pinion and recirculating ball systems, which offer precision, durability, and smooth operation, thereby increasing demand in both local and global markets. The steering column serves a significant role in connecting the steering wheel to the steering gear, ensuring safe and comfortable driving positions for drivers in the UAE. The steering wheel is the primary connection between the driver and the vehicle, with UAE designers focusing on ergonomics, materials, and integrated controls to enhance comfort and usability for drivers. the 'others' category encompasses various components like steering hoses, seals, and mounting brackets, which all contribute to the overall performance and safety of the steering system in UAE vehicle. The steering pump is an essential component in hydraulic power steering systems, generating the necessary pressure to assist steering operations. UAE manufacturers produce efficient and reliable steering pumps that ensure smooth and effortless steering.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Automotive Steering market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type of Steering System
• Manual Steering
• Power Steering (Hydraulic Power Steering, Electric Power Steering)
• Others(Variable Gear Ratio Steering,Rack and Pinion Steering, Recirculating Ball Steering)

By Vehicle Type
• Passenger Vehicles (Cars, SUVs, Vans)
• Commercial Vehicles (Trucks, Buses)
• Off-road Vehicles (ATVs, UTVs, Dirt Bikes)

By Component
• Steering Column
• Steering Wheel
• Steering Gear
• Steering Pump
• Steering Sensor
• Others

By End Use
• OEMs (Original Equipment Manufacturers)
• Aftermarket

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the automotive steering industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.