Global Steering Systems Market Insights, Forecast to 2025

This industry study presents the global Steering Systems market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Steering Systems production, revenue and market share by manufacturers, key regions and type;
The consumption of Steering Systems in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders TRW Automotive Holdings, Mitsubishi Electric, etc.

Steering systems in automobile is the direct contact of the driver with its vehicle.
An Electro-Hydraulic Power Steering system combines the advantages of both EPS and HPS and offers the best maneuverability and fuel efficiency.
Global Steering Systems market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Steering Systems.

The following manufacturers are covered in this report:
TRW Automotive Holdings
Mitsubishi Electric
Hyundai Mobis
Sona Koyo Steering Systems
Robert Bosch Automotive Steering
JTEKT
Nexteer Automotive
Thyssenkrupp Presta
China Automotive Systems
ZF Friedrichshafen Manufacturing

Steering Systems Breakdown Data by Type
Electronic Power Steering (EPS)
Electro-Hydraulic Power Steering (EHPS)
Hydraulic Power Steering (HPS)
Steering Systems Breakdown Data by Application
Passenger Car
Commercial Vehicle

Steering Systems Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions

Steering Systems Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Steering Systems status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Steering Systems manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Steering Systems :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Steering Systems market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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