PUBLISHER: TechNavio | PRODUCT CODE: 2109495
PUBLISHER: TechNavio | PRODUCT CODE: 2109495
The global automotive steering column market is forecasted to grow by USD 3102.5 mn during 2025-2030, accelerating at a CAGR of 4.7% during the forecast period. The report on the global automotive steering column market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for electric power steering driving advanced steering column adoption, increasing awareness for controlling frontal collisions is pushing demand for steering column, innovations in steering column bearings.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 4.5% |
| CAGR | 4.7% |
| Incremental Value | $3102.5 mn |
Technavio's global automotive steering column market is segmented as below:
By Application
By Type
By Material
Geography
This study identifies the continuous advances in automotive steering technology as one of the prime reasons driving the global automotive steering column market growth during the next few years. Also, development of foldable steering wheel concept and growing popularity of steering columns as advanced safety system will lead to sizable demand in the market.
The report on the global automotive steering column market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global automotive steering column market vendors that include BorgWarner Inc., China Automotive Systems Inc., Cobo Group S.p.A., Continental AG, Coram Europe Srl, DENSO Corp., Flaming River Industries Inc., Global Steering Systems LLC, HELLA GmbH and Co. KGaA, Hitachi Astemo Ltd., HL Mando Co. Ltd., Hyundai Mobis Co. Ltd., JTEKT Corp., Kongsberg Automotive ASA, Leopold Kostal GmbH and Co KG, Marimba Automotive, Nexteer Automotive Corp., NSK Ltd., Pailton Engineering Ltd., Rane Holdings Ltd., Robert Bosch GmbH, Schaeffler AG, thyssenkrupp AG, Yamada Manufacturing Co. Ltd., ZF Friedrichshafen AG. Also, the global automotive steering column market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.