Global Intelligent Steering System Market Growth (Status and Outlook) 2025-2031

The global Intelligent Steering System 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.

Intelligent steering system comprises of steering sensing mechanism used in case of emergency and extra level of safety for cars. Sensors are used to locate the position of drivers’ hands and pressure on the steering wheel. Moreover, an intelligent steering system assists in the parking system and lane assisting feature to avoid collisions. In addition, any obstruction on the roads is detected by RADAR and LiDAR systems embedded in the intelligent steering system and connected directly to the Advanced Driver Assistance System (ADAS). Increasing development of smart driver systems and rising demand for fail-safe operation are the key factors considered to drive the intelligent steering system market growth.

United States market for Intelligent Steering System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Intelligent Steering System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Intelligent Steering System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Intelligent Steering System players cover Robert Bosch GmbH, ZF Friedrichshafen AG, IMS Ltd., Denso Corporation, Knorr-Bremse AG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

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

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

This report presents a comprehensive overview, market shares, and growth opportunities of Intelligent Steering System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Manual
Automatic

Segmentation by Application:
Passenger Car
Commercial Vehicles

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 analyzing the company's coverage, product portfolio, its market penetration.
Robert Bosch GmbH
ZF Friedrichshafen AG
IMS Ltd.
Denso Corporation
Knorr-Bremse AG
Smart Wheel
Jaguar Land Rover
JTEKT Corporation
Mando Corporation
NSK Ltd.
Showa Corporation
Nexteer Automotive
ThyssenKrupp AG
Hitachi Automotive
Mitsubishi
Hyundai Mobis Co. Ltd.
KYB

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