Global Passenger Car Intelligent Steering Market Growth 2024-2030

Global Passenger Car Intelligent Steering Market Growth 2024-2030

Passenger car intelligent steering refers to an advanced steering system used in automobiles that incorporates various technologies to enhance the steering performance, safety, and overall driving experience for passengers. These systems often feature electronic power steering (EPS) technology, sensors, and control units that can adapt to different driving conditions. Intelligent steering systems can offer features like adaptive steering assistance, lane-keeping assistance, and even automated steering in certain situations, contributing to improved vehicle control and safety.

The global Passenger Car Intelligent Steering market size is projected to grow from US$ 17770 million in 2024 to US$ 30230 million in 2030; it is expected to grow at a CAGR of 9.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Passenger Car Intelligent Steering Industry Forecast” looks at past sales and reviews total world Passenger Car Intelligent Steering sales in 2023, providing a comprehensive analysis by region and market sector of projected Passenger Car Intelligent Steering sales for 2024 through 2030. With Passenger Car Intelligent Steering sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passenger Car Intelligent Steering industry.

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

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

The key players of Passenger Car Intelligent Steering include JTEKT, Bosch, Nexteer, etc. The top three players hold a share over 59%. Asia-Pacific is the largest market, with a share about 60%. In terms of product type, Electronic Power Steering (EPS) occupied for a share of about 100% in 2023. For application, Sedan is the largest segment, which has a share about 50%.

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

Segmentation by Type:
Electronic Power Steering (EPS)
Steer-by-wire (SBW)

Segmentation by Application:
SUV
Sedan
Other

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.
JTEKT
Bosch
Nexteer
ZF
NSK
Hitachi Astemo (Showa)
Hyundai Mobis
Thyssenkrupp
HL Mando
CAAS
Zhuzhou Elite
Zhejiang Shibao
Yubei

Key Questions Addressed in this Report

What is the 10-year outlook for the global Passenger Car Intelligent Steering market?

What factors are driving Passenger Car Intelligent Steering market growth, globally and by region?

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

How do Passenger Car Intelligent Steering market opportunities vary by end market size?

How does Passenger Car Intelligent Steering break out by Type, by Application?

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