Global Steering Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

Segmented by Vehicle Type;

Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle.

Segmented by Technology;

EPS, Electro-Hydraulic Power Steering (EHPS), Hydraulic Power Steering (HPS) and Manual.

Segmented by Component;

Steering Wheel Speed Sensor, Hydraulic Pump, Steering Column and Electric motor.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2018 - 2028).
Report ID: Rn204008903 Published Date: August, 2022 Updated Date: September, 2022

Introduction

Global Steering Market (USD Million), 2018 - 2028

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2018 - 2028
2018 63.1
2019 66.3
2020 73.7
2021 86.8
2022 91.9
2023 96.3
2024 99.9
2025 116.8
2026 117.0
2027 129.4
2028 141.5

In the year 2021, the Global Steering Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Component
    4. Market Snapshot, By Region
    5. Market Opportunity Map
  4. Global Steering Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasingly Stringent Fuel Efficiency Norms to Drive the Demand for Electronically Assisted Steering Systems
        2. Growing Vehicle Production
      2. Restraints
        1. Limited Load Bearing Capacity of EPS Systems
      3. Opportunities
        1. Use of EPS in Commercial Vehicles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Steering Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Passenger Car
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Light Commercial Vehicle
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. Heavy Commercial Vehicle
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    2. Global Steering Market, By Technology, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. EPS
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Electro-Hydraulic Power Steering (EHPS)
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. Hydraulic Power Steering (HPS)
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        4. Manual
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    3. Global Steering Market, By Component, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Steering Wheel Speed Sensor
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Hydraulic Pump
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. Steering Column
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        4. Electric motor
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    4. Global Steering Market, By Geography, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Component, 2018 - 2028 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. NSK Ltd.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Nexteer Automotive Group Limited
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Mando Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Thyssenkrupp AG
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. Hyundai Mobis Co., Ltd.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

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