Automotive Steering System Market Size, Share, and Growth Forecast, 2025 - 2032

Automotive Steering System Market by Component (Hydraulic Pump, Steering Column/Rack, Sensors, Electric Motor and Others), Mechanism (Electronic Power Steering (EPS), Hydraulic Power Steering (HPS) and Electrically Assisted Hydraulic Power Steering), Vehicle Type (Passenger Car, LCV and HCV)) and Regional Analysis for 2025 - 2032

ID: PMRREP33563| 198 Pages | 11 Dec 2025 | Format: PDF, Excel, PPT* | Automotive & Transportation

Market Growth and Regional Outlook Report by Persistence Market Research

Table of Content

  1. Executive Summary
    1. Global Automotive Steering System Market Snapshot 2025 and 2032
    2. Market Opportunity Assessment, 2025-2032, US$ Bn
    3. Key Market Trends
    4. Industry Developments and Key Market Events
    5. Demand Side and Supply Side Analysis
    6. PMR Analysis and Recommendations
  2. Market Overview
    1. Market Scope and Definitions
    2. Value Chain Analysis
    3. Macro-Economic Factors
      1. Global GDP Outlook
      2. Global Automotive Industry Overview
      3. Global Car Sales Overview
    4. Forecast Factors – Relevance and Impact
    5. COVID-19 Impact Assessment
    6. PESTLE Analysis
    7. Porter's Five Forces Analysis
    8. Geopolitical Tensions: Market Impact
    9. Regulatory and Technology Landscape
  3. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Trends
  4. Price Trend Analysis, 2019 – 2032
    1. Region-wise Price Analysis
    2. Price by Segments
    3. Price Impact Factors
  5. Global Automotive Steering System Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)
    1. Key Highlights
    2. Global Automotive Steering System Market Outlook: Component
      1. Introduction/Key Findings
      2. Historical Market Size (US$ Bn) and Volume (Units) Analysis by Component, 2019-2024
      3. Current Market Size (US$ Bn) and Volume (Units) Forecast, by Component, 2025-2032
        1. Hydraulic Pump
        2. Steering Column/Rack
        3. Sensors
        4. Electric Motor
        5. Others
      4. Market Attractiveness Analysis: Component
    3. Global Automotive Steering System Market Outlook: Mechanism 
      1. Introduction/Key Findings
      2. Historical Market Size (US$ Bn) and Volume (Units) Analysis by Mechanism,2019-2024
      3. Current Market Size (US$ Bn) and Volume (Units) Forecast, by Mechanism,2025-2032
        1. Electronic Power Steering (EPS)
        2. Hydraulic Power Steering (HPS)
        3. Electrically Assisted Hydraulic Power Steering
      4. Market Attractiveness Analysis: Mechanism 
    4. Global Automotive Steering System Market Outlook: Vehicle Type
      1. Introduction/Key Findings
      2. Historical Market Size (US$ Bn) and Volume (Units) Analysis by Vehicle Type, 2019-2024
      3. Current Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
        1. Passenger Car
        2. LCV
        3. HCV
      4. Market Attractiveness Analysis: Vehicle Type
  6. Global Automotive Steering System Market Outlook: Region
    1. Key Highlights
    2. Historical Market Size (US$ Bn) and Volume (Units) Analysis by Region, 2019-2024
    3. Current Market Size (US$ Bn) and Volume (Units) Forecast, by Region, 2025-2032
      1. North America
      2. Europe
      3. East Asia
      4. South Asia & Oceania
      5. Latin America
      6. Middle East & Africa
    4. Market Attractiveness Analysis: Region
  7. North America Automotive Steering System Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)
    1. Key Highlights
    2. Pricing Analysis
    3. North America Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
      1. U.S.
      2. Canada
    4. North America Market Size (US$ Bn) and Volume (Units) Forecast, by Component, 2025-2032
      1. Hydraulic Pump
      2. Steering Column/Rack
      3. Sensors
      4. Electric Motor
      5. Others
    5. North America Market Size (US$ Bn) and Volume (Units) Forecast, by Mechanism,2025-2032
      1. Electronic Power Steering (EPS)
      2. Hydraulic Power Steering (HPS)
      3. Electrically Assisted Hydraulic Power Steering
    6. North America Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
      1. Passenger Car
      2. LCV
      3. HCV
  8. Europe Automotive Steering System Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)
    1. Key Highlights
    2. Pricing Analysis
    3. Europe Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
      1. Germany
      2. Italy
      3. France
      4. U.K.
      5. Spain
      6. Russia
      7. Rest of Europe
    4. Europe Market Size (US$ Bn) and Volume (Units) Forecast, by Component, 2025-2032
      1. Hydraulic Pump
      2. Steering Column/Rack
      3. Sensors
      4. Electric Motor
      5. Others
    5. Europe Market Size (US$ Bn) and Volume (Units) Forecast, by Mechanism,2025-2032
      1. Electronic Power Steering (EPS)
      2. Hydraulic Power Steering (HPS)
      3. Electrically Assisted Hydraulic Power Steering
    6. Europe Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
      1. Passenger Car
      2. LCV
      3. HCV
  9. East Asia Automotive Steering System Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)
    1. Key Highlights
    2. Pricing Analysis
    3. East Asia Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
      1. China
      2. Japan
      3. South Korea
    4. East Asia Market Size (US$ Bn) and Volume (Units) Forecast, by Component, 2025-2032
      1. Hydraulic Pump
      2. Steering Column/Rack
      3. Sensors
      4. Electric Motor
      5. Others
    5. East Asia Market Size (US$ Bn) and Volume (Units) Forecast, by Mechanism,2025-2032
      1. Electronic Power Steering (EPS)
      2. Hydraulic Power Steering (HPS)
      3. Electrically Assisted Hydraulic Power Steering
    6. East Asia Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
      1. Passenger Car
      2. LCV
      3. HCV
  10. South Asia & Oceania Automotive Steering System Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)
    1. Key Highlights
    2. Pricing Analysis
    3. South Asia & Oceania Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
      1. India
      2. Southeast Asia
      3. ANZ
      4. Rest of SAO
    4. South Asia & Oceania Market Size (US$ Bn) and Volume (Units) Forecast, by Component, 2025-2032
      1. Hydraulic Pump
      2. Steering Column/Rack
      3. Sensors
      4. Electric Motor
      5. Others
    5. South Asia & Oceania Market Size (US$ Bn) and Volume (Units) Forecast, by Mechanism,2025-2032
      1. Electronic Power Steering (EPS)
      2. Hydraulic Power Steering (HPS)
      3. Electrically Assisted Hydraulic Power Steering
    6. South Asia & Oceania Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
      1. Passenger Car
      2. LCV
      3. HCV
  11. Latin America Automotive Steering System Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)
    1. Key Highlights
    2. Pricing Analysis
    3. Latin America Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
      1. Brazil
      2. Mexico
      3. Rest of LATAM
    4. Latin America Market Size (US$ Bn) and Volume (Units) Forecast, by Component, 2025-2032
      1. Hydraulic Pump
      2. Steering Column/Rack
      3. Sensors
      4. Electric Motor
      5. Others
    5. Latin America Market Size (US$ Bn) and Volume (Units) Forecast, by Mechanism,2025-2032
      1. Electronic Power Steering (EPS)
      2. Hydraulic Power Steering (HPS)
      3. Electrically Assisted Hydraulic Power Steering
    6. Latin America Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
      1. Passenger Car
      2. LCV
      3. HCV
  12. Middle East & Africa Automotive Steering System Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)
    1. Key Highlights
    2. Pricing Analysis
    3. Middle East & Africa Market Size (US$ Bn) and Volume (Units) Forecast, by Country, 2025-2032
      1. GCC Countries
      2. South Africa
      3. Northern Africa
      4. Rest of MEA
    4. Middle East & Africa Market Size (US$ Bn) and Volume (Units) Forecast, by Component, 2025-2032
      1. Hydraulic Pump
      2. Steering Column/Rack
      3. Sensors
      4. Electric Motor
      5. Others
    5. Middle East & Africa Market Size (US$ Bn) and Volume (Units) Forecast, by Mechanism,2025-2032
      1. Electronic Power Steering (EPS)
      2. Hydraulic Power Steering (HPS)
      3. Electrically Assisted Hydraulic Power Steering
    6. Middle East & Africa Market Size (US$ Bn) and Volume (Units) Forecast, by Vehicle Type, 2025-2032
      1. Passenger Car
      2. LCV
      3. HCV
  13. Competition Landscape
    1. Market Share Analysis, 2024
    2. Market Structure
      1. Competition Intensity Mapping
      2. Competition Dashboard
    3. Company Profiles
      1. Robert Bosch GmbH
        1. Company Overview
        2. Product Portfolio/Offerings
        3. Key Financials
        4. SWOT Analysis
        5. Company Strategy and Key Developments
      2. JTEKT Corporation
      3. ZF Friedrichshafen AG
      4. Nexteer Automotive
      5. NSK Ltd.
      6. Thyssenkrupp AG
      7. Mando Corporation
      8. Showa Corporation
      9. Hyundai Mobis Co., Ltd.
      10. Hitachi Automotive Systems, Ltd.
  14. Appendix
    1. Research Methodology
    2. Research Assumptions
    3. Acronyms and Abbreviations
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