Global Automotive Steering Control Module Market Growth 2025-2031

Global Automotive Steering Control Module Market Growth 2025-2031

The global Automotive Steering Control Module market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The Automotive Steering Control Module is the interface between the steering wheel and the steering column necessary to transfer the drivers input rotation. It integrates clock springs, steering angle sensors, power tilt/telescope column controls, pedal position controls, and other simple and complex switches.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the worlds Automotives are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the worlds largest car exporter, exporting more than 3.5 million vehicles in 2022.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Steering Control Module Industry Forecast” looks at past sales and reviews total world Automotive Steering Control Module sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Steering Control Module sales for 2025 through 2031. With Automotive Steering Control Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Steering Control Module industry.

This Insight Report provides a comprehensive analysis of the global Automotive Steering Control Module landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Steering Control Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Steering Control Module market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Steering Control Module and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Steering Control Module.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Steering Control Module market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Power-Assisted Steering (EPAS)
Electric Hydraulic Power Steering (EHPS)

Segmentation by Application:
Passenger Car
Medium Commercial Vehicle
Light Duty Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Bosch
DENSO
ZF Friedrichshafen
HELLA
Eaton
Thyssenkrupp
Nexteer Automotive
Mando
CIE Automotive
KSR International
NSK
Leopold Kostal
JTEKT
Hyundai Mobis

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Steering Control Module market?

What factors are driving Automotive Steering Control Module market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Steering Control Module market opportunities vary by end market size?

How does Automotive Steering Control Module break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.