Automotive Steering Parts Market, Global Outlook and Forecast 2023-2028

Report ID: 1637322 | Published Date: Jan 2025 | No. of Page: 123 | Base Year: 2024 | Rating: 4.3 | Webstory: Check our Web story

Automotive steering is the basis of a vehicle's control over motion.
This report contains market size and forecasts of Automotive Steering Parts in global, including the following market information:
Global Automotive Steering Parts Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Steering Parts Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Steering Parts companies in 2021 (%)
The global Automotive Steering Parts market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Rack Housing Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Steering Parts include Bosch (Germany), Continental (Germany), Compagnie de Saint Gobain (France), Denso (Japan), Hyundai Mobis (Korea), GKN (UK), Tenneco (USA), Hitachi Automotive Systems (Japan) and SKF (Sweden), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Steering Parts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Steering Parts Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Steering Parts Market Segment Percentages, by Type, 2021 (%)
Rack Housing
Steering Column
Universal Joint
Others
Global Automotive Steering Parts Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Steering Parts Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicles
Global Automotive Steering Parts Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Steering Parts Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Steering Parts revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Steering Parts revenues share in global market, 2021 (%)
Key companies Automotive Steering Parts sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Steering Parts sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch (Germany)
Continental (Germany)
Compagnie de Saint Gobain (France)
Denso (Japan)
Hyundai Mobis (Korea)
GKN (UK)
Tenneco (USA)
Hitachi Automotive Systems (Japan)
SKF (Sweden)
Hitachi Metals (Japan)
Furukawa Electric (Japan)
Hyundai WIA (Korea)
NOK (Japan)
Linamar (Canada)
CIE Automotive (Spain)
Martinrea International (Canada)
LISI Group (France)
Kojima Industries (Japan)
Shiloh Industries (USA)
Sona Group (India)
Riken (Japan)
Teksid (Italy)
Rane Group (India)
Univance (Japan)
Kyung Chang Industrial (Korea)
Strattec Security (USA)
Fine Sinter (Japan)
Chuo Malleable Iron (Japan)
China Automotive Systems (China)
Bharat Gears (India)

Frequently Asked Questions
Automotive Steering Parts Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Automotive Steering Parts Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Automotive Steering Parts Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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