Global Automotive Steering Wheel Market Growth 2025-2031

Global Automotive Steering Wheel Market Growth 2025-2031

The global Automotive Steering Wheel market size is predicted to grow from US$ 6467 million in 2025 to US$ 8554 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.

A steering wheel (also called a driving wheel or a hand wheel) is a type of steering control in vehicles.

Steering wheels are used in most modern land vehicles, including all mass-production automobiles, buses, light and heavy trucks, as well as tractors. The steering wheel is the part of the steering system that is manipulated by the driver; the rest of the steering system responds to such driver inputs. This can be through direct mechanical contact as in recirculating ball or rack and pinion steering gears, without or with the assistance of hydraulic power steering, HPS, or as in some modern production cars with the assistance of computer-controlled motors, known as electric power steering.

Global key players of Automotive Steering Wheel are Toyoda Gosei, Autoliv, ZF Friedrichshafen AG, Yanfeng, Joyson Safety Systems, GSK InTek, Tokai Rika, etc. Among them, Toyoda Gosei and Autoliv are the two biggest manufacturers with a share of 13% for each. China is the largest market of Automotive Steering Wheel who makes up the biggest share of near 30%.

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

This Insight Report provides a comprehensive analysis of the global Automotive Steering Wheel 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 Wheel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Steering Wheel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Steering Wheel 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 Wheel.

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

Segmentation by Type:
Plastics Steering Wheel
Leather Steering Wheel
Wooden Steering Wheel

Segmentation by Application:
Passenger Cars
Light Commercial Vehicles
Heavy Trucks
Buses & Coaches
Others

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.
Toyoda Gosei
Autoliv
ZF Friedrichshafen AG
Yanfeng
Joyson Safety Systems
GSK InTek Co., Ltd.
Tokai Rika
Neaton Auto Products Manufacturing, Inc.
Fang Le
Sparco S.P.A
Shanghai Daimay Automotive Interior Co., Ltd
Grant Products

Key Questions Addressed in this Report

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

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

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

How do Automotive Steering Wheel market opportunities vary by end market size?

How does Automotive Steering Wheel break out by Type, by Application?

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