Automotive Steering System Market (Technology: Electric Power Steering, Hydraulic Power Steering, and Electrically Assisted Hydraulic Power Steering [EHPS]; Component: Hydraulic Pump, Steering Column/Rack, Electric Motor, Sensor, and Others; Vehicle Type:

Automotive Steering System Market (Technology: Electric Power Steering, Hydraulic Power Steering, and Electrically Assisted Hydraulic Power Steering [EHPS]; Component: Hydraulic Pump, Steering Column/Rack, Electric Motor, Sensor, and Others; Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Duty Trucks, and Bus & Coaches; and Sales Channel: OEM and Aftermarket) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Automotive Steering System Market – Scope of Report
Transparency Market Research’s recent report on the automotive steering system market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the automotive steering system market analyzes the scenario for the period of 2017 to 2031, wherein, 2020 is the base year and 2019 and before is historical data. This report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.

This TMR study on the automotive steering system market also provides data on the developments made by important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of the strengths, weaknesses, threats, and opportunities, along with the trends and restraints in the landscape. Presented in a clear sanctioned manner, this report on the automotive steering system market gives readers an individual understanding of the market.

Key Questions Answered in This Report on Automotive Steering System Market
How much value will the automotive steering system market generate by the end of the forecast period?
Which segment of the market is likely to have the maximum market share by 2031?
What are the impact factors and there effects on the market for automotive steering system market?
What regions currently contribute the maximum share to the overall automotive steering system market?
What are the indicators expected to drive the automotive steering system market?
What region is likely to be a lucrative market during the forecast period?
What are the essential strategies by key stakeholders in the automotive steering system market to expand their geographic presence?
What are the major advancements witnessed in the automotive steering system market?
How regulatory norms affected the market for automotive steering system market?
This report answers these questions and more about the automotive steering system market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Automotive Steering System Market – Research Methodology
This TMR report on the automotive steering system market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. Market volume is determined by country wise model mapping of vehicle through internal & external proprietary databases, and relevant patent and regulatory databases. The competitive scenario of the automotive steering system market is supported by the assessment of the different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data, current trends and announcement by key players, researchers of the automotive steering system market arrive at predictions and estimations, and calculate the forecast for the market.

This report uses an analytical triangulation method to estimate the numbers and figures of the automotive steering system market, with both a bottom-up and top-down approach.

This detailed assessment of the automotive steering system market, along with an overview of the landscape, is provided based on a careful examination of the avenues related to this industry. Analysts’ conclusions on how the automotive steering system market is estimated to expand are based on carefully vetted primary and secondary sources.

Companies Mentioned

Nexteer Automotive Group Limited
JTEKT Corporation
Hyundai Mobis Co., Ltd.
Showa Corporation
NSK Ltd
Robert Bosch GmbH
Hitachi Automotive System
Mando Corporation
Magna International


1. Executive Summary: Global Automotive Steering System Market
1.1. Global Automotive Steering System Market Volume (Mn Units) Value (US$ Mn), 2017‒2031
2. Market Overview
2.1. Introduction
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Opportunity
2.3. Market Factor Analysis
2.3.1. Porter’s Five Force Analysis
2.3.2. Value Chain Analysis
2.3.2.1. List of Key Manufacturers
2.3.2.2. List of Customers
2.3.2.3. Level of Integration
2.3.3. SWOT Analysis
2.4. Regulatory Scenario
2.5. Key Industry Development
2.6. Key Industry Trends
2.7. COVID-19 Impact Analysis
3. Global Automotive Steering System Market Analysis and Forecast, by Technology
3.1. Definition
3.2. Market Snapshot
3.3. Global Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Technology, 2017‒2031
3.3.1. Electric Power Steering
3.3.2. Hydraulic Power Steering
3.3.3. Electrically Assisted Hydraulic Power Steering
4. Global Automotive Steering System Market Analysis and Forecast, by Component
4.1. Definition
4.2. Market Snapshot
4.3. Global Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Component Type, 2017‒2031
4.3.1. Hydraulic Pump
4.3.2. Steering Column/Rack
4.3.3. Electric Motor
4.3.4. Sensor
4.3.5. Others
5. Global Automotive Steering System Market Analysis and Forecast, by Vehicle Type
5.1. Definition
5.2. Market Snapshot
5.3. Global Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031
5.3.1. Passenger Vehicle
5.3.2. Light Commercial Vehicle
5.3.3. Heavy Duty Trucks
5.3.4. Bus & Coaches
6. Global Automotive Steering System Market Analysis and Forecast, by Sales Channel
6.1. Definition
6.2. Market Snapshot
6.3. Global Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031
6.3.1. OEM
6.3.2. Aftermarket
7. Global Automotive Steering System Market Analysis and Forecast, by Region
7.1. Market Snapshot
7.2. Global Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Region, 2017‒2031
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Middle East & Africa
7.2.5. South America
8. North America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, 2017‒2031
8.1. Market Snapshot
8.2. North America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Technology
8.2.1. Electric Power Steering
8.2.2. Hydraulic Power Steering
8.2.3. Electrically Assisted Hydraulic Power Steering
8.3. North America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Component
8.3.1. Hydraulic Pump
8.3.2. STEERING COLUMN/RACK
8.3.3. Electric Motor
8.3.4. Sensor
8.3.5. Others
8.4. North America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Vehicle Type
8.4.1. Passenger Vehicle
8.4.2. Light Commercial Vehicle
8.4.3. Heavy Duty Trucks
8.4.4. Bus & Coaches
8.5. North America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Sales Channel
8.5.1. OEM
8.5.2. Aftermarket
8.6. North America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Country
8.6.1. U.S.
8.6.2. Canada
8.6.3. Mexico
9. Europe Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, 2017‒2031
9.1. Market Snapshot
9.2. Europe Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Technology
9.2.1. Electric Power Steering
9.2.2. Hydraulic Power Steering
9.2.3. Electrically Assisted Hydraulic Power Steering
9.3. Europe Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Component
9.3.1. Hydraulic Pump
9.3.2. STEERING COLUMN/RACK
9.3.3. Electric Motor
9.3.4. Sensor
9.3.5. Others
9.4. Europe Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Vehicle Type
9.4.1. Passenger Vehicle
9.4.2. Light Commercial Vehicle
9.4.3. Heavy Duty Trucks
9.4.4. Bus & Coaches
9.5. Europe Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Sales Channel
9.5.1. OEM
9.5.2. Aftermarket
9.6. Europe Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Country and Sub-region
9.6.1. Germany
9.6.2. U.K.
9.6.3. France
9.6.4. Italy
9.6.5. Spain
9.6.6. Nordic Countries
9.6.7. Russia & CIS
9.6.8. Rest of Europe
10. Asia Pacific Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, 2017‒2031
10.1. Market Snapshot
10.2. Asia Pacific Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Technology
10.2.1. Electric Power Steering
10.2.2. Hydraulic Power Steering
10.2.3. Electrically Assisted Hydraulic Power Steering
10.3. Asia Pacific Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Component
10.3.1. Hydraulic Pump
10.3.2. STEERING COLUMN/RACK
10.3.3. Electric Motor
10.3.4. Sensor
10.3.5. Others
10.4. Asia Pacific Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Vehicle Type
10.4.1. Passenger Vehicle
10.4.2. Light Commercial Vehicle
10.4.3. Heavy Duty Trucks
10.4.4. Bus & Coaches
10.5. Asia Pacific Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Sales Channel
10.5.1. OEM
10.5.2. Aftermarket
10.6. Asia Pacific Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Country and Sub-region
10.6.1. China
10.6.2. India
10.6.3. ASEAN
10.6.4. ANZ
10.6.5. Rest of Asia Pacific
11. Middle East & Africa Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, 2017‒2031
11.1. Market Snapshot
11.2. Middle East & Africa Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Technology
11.2.1. Electric Power Steering
11.2.2. Hydraulic Power Steering
11.2.3. Electrically Assisted Hydraulic Power Steering
11.3. Middle East & Africa Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Component
11.3.1. Hydraulic Pump
11.3.2. STEERING COLUMN/RACK
11.3.3. Electric Motor
11.3.4. Sensor
11.3.5. Others
11.4. Middle East & Africa Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Vehicle Type
11.4.1. Passenger Vehicle
11.4.2. Light Commercial Vehicle
11.4.3. Heavy Duty Trucks
11.4.4. Bus & Coaches
11.5. Middle East & Africa Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Sales Channel
11.5.1. OEM
11.5.2. Aftermarket
11.6. Middle East & Africa Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Country and Sub-region
11.6.1. GCC
11.6.2. Turkey
11.6.3. South Africa
11.6.4. Rest of Middle East & Africa
12. South America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, 2017‒2031
12.1. Market Snapshot
12.2. South America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Technology
12.2.1. Electric Power Steering
12.2.2. Hydraulic Power Steering
12.2.3. Electrically Assisted Hydraulic Power Steering
12.3. South America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Component
12.3.1. Hydraulic Pump
12.3.2. STEERING COLUMN/RACK
12.3.3. Electric Motor
12.3.4. Sensor
12.3.5. Others
12.4. South America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Vehicle Type
12.4.1. Passenger Vehicle
12.4.2. Light Commercial Vehicle
12.4.3. Heavy Duty Trucks
12.4.4. Bus & Coaches
12.5. South America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, By Sales Channel
12.5.1. OEM
12.5.2. Aftermarket
12.6. South America Automotive Steering System Market Volume (Million Units) Value (US$ Mn) Forecast, by Country and Sub-region
12.6.1. Brazil
12.6.2. Argentina
12.6.3. Rest of South America
13. Competition Landscape
13.1. Market Analysis By Company (2020)
13.2. Market Player – Competition Matrix (By Tier and Size of companies)
13.3. Key Market Players (Details – Overview, Recent Developments, Strategy)
13.3.1. Nexteer Automotive Group Limited
13.3.1.1. Overview
13.3.1.2. Recent Developments
13.3.1.3. Strategy
13.3.2. JTEKT Corporation
13.3.2.1. Overview
13.3.2.2. Recent Developments
13.3.2.3. Strategy
13.3.3. Hyundai Mobis Co., Ltd.
13.3.3.1. Overview
13.3.3.2. Recent Developments
13.3.3.3. Strategy
13.3.4. Showa Corporation
13.3.4.1. Overview
13.3.4.2. Recent Developments
13.3.4.3. Strategy
13.3.5. NSK Ltd
13.3.5.1. Overview
13.3.5.2. Recent Developments
13.3.5.3. Strategy
13.3.6. Robert Bosch GmbH
13.3.6.1. Overview
13.3.6.2. Recent Developments
13.3.6.3. Strategy
13.3.7. Hitachi Automotive System
13.3.7.1. Overview
13.3.7.2. Recent Developments
13.3.7.3. Strategy
13.3.8. Mando Corporation
13.3.8.1. Overview
13.3.8.2. Recent Developments
13.3.8.3. Strategy
13.3.9. Magna International
13.3.9.1. Overview
13.3.9.2. Recent Developments
13.3.9.3. Strategy
13.3.10. Other Key Players

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