Automotive Steering Device Market Report – Research, Industry Analysis Reports and Market Demands

Global Automotive Steering Device Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Automotive Steering Device Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 Shock Absorbers and Dampers
- 1.3.3 Struts and Strut Assemblies
- 1.3.4 Spring-based Suspension Devices
- 1.3.5 Air Suspension Devices
- 1.3.6 Control Arms and Linkage Devices
- 1.3.7 Suspension Modules and Axle-mounted Devices
- 1.3.8 Others
1.4 Market Analysis by Steering Gear Mechanism
- 1.4.1 Overview: Global Automotive Steering Device Consumption Value by Steering Gear Mechanism: 2021 Versus 2025 Versus 2032
- 1.4.2 Rack-and-Pinion Type
- 1.4.3 Recirculating-Ball Type
- 1.4.4 Worm-and-Roller / Worm-and-Sector Type
- 1.4.5 Others
1.5 Market Analysis by Assist Actuator Layout
- 1.5.1 Overview: Global Automotive Steering Device Consumption Value by Assist Actuator Layout: 2021 Versus 2025 Versus 2032
- 1.5.2 Column-Assist Type
- 1.5.3 Pinion-Assist Type
- 1.5.4 Rack-Assist Type
- 1.5.5 Ball-Nut / Recirculating-Ball Assist Type
- 1.5.6 Others
1.6 Market Analysis by Safety and Redundancy Architecture
- 1.6.1 Overview: Global Automotive Steering Device Consumption Value by Safety and Redundancy Architecture: 2021 Versus 2025 Versus 2032
- 1.6.2 Non-Redundant Type
- 1.6.3 Single-Fault-Tolerant Type
- 1.6.4 Dual-Redundant Type
- 1.6.5 Fail-Operational Type
- 1.6.6 Others
1.7 Market Analysis by Application
- 1.7.1 Overview: Global Automotive Steering Device Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.7.2 Aftermarket
- 1.7.3 OEM
1.8 Global Automotive Steering Device Market Size & Forecast
- 1.8.1 Global Automotive Steering Device Consumption Value (2021 & 2025 & 2032)
- 1.8.2 Global Automotive Steering Device Sales Quantity (2021-2032)
- 1.8.3 Global Automotive Steering Device Average Price (2021-2032)

2 Manufacturers Profiles

3 Competitive Environment: Automotive Steering Device by Manufacturer

3.1 Global Automotive Steering Device Sales Quantity by Manufacturer (2021-2026)
3.2 Global Automotive Steering Device Revenue by Manufacturer (2021-2026)
3.3 Global Automotive Steering Device Average Price by Manufacturer (2021-2026)
3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of Automotive Steering Device by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 Automotive Steering Device Manufacturer Market Share in 2025
- 3.4.3 Top 6 Automotive Steering Device Manufacturer Market Share in 2025
3.5 Automotive Steering Device Market: Overall Company Footprint Analysis
- 3.5.1 Automotive Steering Device Market: Region Footprint
- 3.5.2 Automotive Steering Device Market: Company Product Type Footprint
- 3.5.3 Automotive Steering Device Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Automotive Steering Device Market Size by Region
- 4.1.1 Global Automotive Steering Device Sales Quantity by Region (2021-2032)
- 4.1.2 Global Automotive Steering Device Consumption Value by Region (2021-2032)
- 4.1.3 Global Automotive Steering Device Average Price by Region (2021-2032)
4.2 North America Automotive Steering Device Consumption Value (2021-2032)
4.3 Europe Automotive Steering Device Consumption Value (2021-2032)
4.4 Asia-Pacific Automotive Steering Device Consumption Value (2021-2032)
4.5 South America Automotive Steering Device Consumption Value (2021-2032)
4.6 Middle East & Africa Automotive Steering Device Consumption Value (2021-2032)

5 Market Segment by Type

5.1 Global Automotive Steering Device Sales Quantity by Type (2021-2032)
5.2 Global Automotive Steering Device Consumption Value by Type (2021-2032)
5.3 Global Automotive Steering Device Average Price by Type (2021-2032)

6 Market Segment by Application

6.1 Global Automotive Steering Device Sales Quantity by Application (2021-2032)
6.2 Global Automotive Steering Device Consumption Value by Application (2021-2032)
6.3 Global Automotive Steering Device Average Price by Application (2021-2032)

7 North America

7.1 North America Automotive Steering Device Sales Quantity by Type (2021-2032)
7.2 North America Automotive Steering Device Sales Quantity by Application (2021-2032)
7.3 North America Automotive Steering Device Market Size by Country
- 7.3.1 North America Automotive Steering Device Sales Quantity by Country (2021-2032)
- 7.3.2 North America Automotive Steering Device Consumption Value by Country (2021-2032)
- 7.3.3 United States Market Size and Forecast (2021-2032)
- 7.3.4 Canada Market Size and Forecast (2021-2032)
- 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

8.1 Europe Automotive Steering Device Sales Quantity by Type (2021-2032)
8.2 Europe Automotive Steering Device Sales Quantity by Application (2021-2032)
8.3 Europe Automotive Steering Device Market Size by Country
- 8.3.1 Europe Automotive Steering Device Sales Quantity by Country (2021-2032)
- 8.3.2 Europe Automotive Steering Device Consumption Value by Country (2021-2032)
- 8.3.3 Germany Market Size and Forecast (2021-2032)
- 8.3.4 France Market Size and Forecast (2021-2032)
- 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
- 8.3.6 Russia Market Size and Forecast (2021-2032)
- 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

9.1 Asia-Pacific Automotive Steering Device Sales Quantity by Type (2021-2032)
9.2 Asia-Pacific Automotive Steering Device Sales Quantity by Application (2021-2032)
9.3 Asia-Pacific Automotive Steering Device Market Size by Region
- 9.3.1 Asia-Pacific Automotive Steering Device Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific Automotive Steering Device Consumption Value by Region (2021-2032)
- 9.3.3 China Market Size and Forecast (2021-2032)
- 9.3.4 Japan Market Size and Forecast (2021-2032)
- 9.3.5 South Korea Market Size and Forecast (2021-2032)
- 9.3.6 India Market Size and Forecast (2021-2032)
- 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
- 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

10.1 South America Automotive Steering Device Sales Quantity by Type (2021-2032)
10.2 South America Automotive Steering Device Sales Quantity by Application (2021-2032)
10.3 South America Automotive Steering Device Market Size by Country
- 10.3.1 South America Automotive Steering Device Sales Quantity by Country (2021-2032)
- 10.3.2 South America Automotive Steering Device Consumption Value by Country (2021-2032)
- 10.3.3 Brazil Market Size and Forecast (2021-2032)
- 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

11.1 Middle East & Africa Automotive Steering Device Sales Quantity by Type (2021-2032)
11.2 Middle East & Africa Automotive Steering Device Sales Quantity by Application (2021-2032)
11.3 Middle East & Africa Automotive Steering Device Market Size by Country
- 11.3.1 Middle East & Africa Automotive Steering Device Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa Automotive Steering Device Consumption Value by Country (2021-2032)
- 11.3.3 Turkey Market Size and Forecast (2021-2032)
- 11.3.4 Egypt Market Size and Forecast (2021-2032)
- 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
- 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

12.1 Automotive Steering Device Market Drivers
12.2 Automotive Steering Device Market Restraints
12.3 Automotive Steering Device Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Automotive Steering Device and Key Manufacturers
13.2 Manufacturing Costs Percentage of Automotive Steering Device
13.3 Automotive Steering Device Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Automotive Steering Device Typical Distributors
14.3 Automotive Steering Device Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Automotive Steering Device market size was valued at US$ 27782 million in 2025 and is forecast to a readjusted size of US$ 37982 million by 2032 with a CAGR of 4.6% during review period.
Automotive Steering Device is a critical safety assembly installed in the vehicle chassis and driver control chain. It converts the driver’s steering input into wheel angle change and provides suitable steering effort, returnability, directional stability, and road feel under different speeds, loads, and road conditions. Its typical structure includes the steering wheel, steering column, intermediate shaft, steering gear, tie rods, and ball joints, together with hydraulic pumps, electric motors, electronic control units, torque and angle sensors, wiring harnesses, and redundant control modules depending on the technical route. In mainstream commercial forms, Automotive Steering Device can be divided into manual steering devices, hydraulic power steering devices, electro-hydraulic power steering devices, electric power steering devices, and steer-by-wire devices. Among them, electric power steering has become the mainstream solution for passenger vehicles, while steer-by-wire is expanding into higher-level intelligent vehicle platforms. The product affects not only low-speed steering comfort, but also high-speed stability, steering precision, return performance, and the execution capability of advanced driver assistance functions. It is widely used in passenger vehicles, light commercial vehicles, medium and heavy commercial vehicles, and some special-purpose vehicles. Current manufacturers are mainly automotive parts companies with capabilities in precision mechanical processing, electronic control, motor drive, software calibration, and functional safety development. Core manufacturing requirements focus on high-precision rack-and-pinion or recirculating-ball mechanisms, durability, sealing reliability, electronic consistency, EMC performance, redundancy safety, and vehicle-level calibration capability.
The main opportunities in the Automotive Steering Device market come from the simultaneous advancement of chassis electrification, vehicle electrification, and higher installation rates of driver assistance functions. Traditional hydraulic steering relies on continuously driven mechanical power and is losing its advantage in energy efficiency and packaging, while electric power steering provides on-demand assistance and fits better with battery electric, plug-in hybrid, and highly integrated vehicle platforms. As vehicle electrical and electronic architectures evolve, steering devices are no longer only mechanical actuators; they are becoming key execution nodes in chassis control. In addition to basic steering, they increasingly support lane keeping, automated parking, emergency maneuvering, crosswind compensation, and overall vehicle stability control. For suppliers, companies capable of integrating the mechanical base, motor, electronics, software algorithms, redundancy architecture, and vehicle calibration are more likely to win platform-level sourcing programs and higher-value orders. Under the broader rise of new energy vehicles, value per vehicle is shifting from traditional base hardware toward highly integrated, highly safe, and highly controllable steering solutions.
The main challenges are that this is no longer a conventional component market that can be won by machining capability alone. First, Automotive Steering Device is directly linked to active vehicle safety, so development and validation cycles are long and requirements for functional safety, cybersecurity, durability, fault degradation, and reliability under extreme conditions continue to rise. Second, in mature markets, demand growth for traditional hydraulic and manual products is limited and price competition is intense, while profit pools are increasingly concentrated in high-output electric steering, electronically controlled commercial-vehicle steering, rear-wheel steering, and steer-by-wire. Third, fluctuations in the cost of upstream high-performance motors, power semiconductors, sensors, controllers, and precision mechanical parts can significantly pressure system-level margins. Finally, although steer-by-wire has a clear long-term direction, regulation, user acceptance, vehicle architecture readiness, and commercialization timing are still uneven across regions, so an overly early one-track investment strategy may prolong payback periods.
Downstream demand is expected to continue evolving along three paths: full electrification of steering in passenger vehicles, electronic upgrading in commercial vehicles, and migration toward redundant and steer-by-wire architectures in higher-end intelligent vehicles. Passenger vehicles will remain the largest shipment base, with compact and mid-size platforms contributing most volume, while new energy vehicles and higher-content models contribute most incremental value. In commercial vehicles, higher front-axle loads, harsher duty cycles, and stronger durability requirements will support continued demand for hydraulic-electronic hybrid solutions, electric recirculating-ball systems, and high-output EPS. At the same time, the spread of automated and advanced driver assistance functions will raise requirements for steering execution precision, response speed, fault tolerance, and software coordination. Future market-share shifts will therefore depend more on system development, platform collaboration, global delivery, localized cost control, and functional safety capability, rather than only on traditional manufacturing scale. Global vehicle production remaining above 90 million units also means the industry still has a strong volume base, but its growth logic will increasingly rely on technology upgrading and mix improvement rather than simple output expansion.
This report is a detailed and comprehensive analysis for global Automotive Steering Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Automotive Steering Device market size and forecasts, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (US$/Set), 2021-2032
Global Automotive Steering Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (US$/Set), 2021-2032
Global Automotive Steering Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (US$/Set), 2021-2032
Global Automotive Steering Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Sets), and ASP (US$/Set), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Steering Device
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Steering Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bosch, ZF, JTEKT, Nexteer, Hitachi Astemo, HL Mando, NSK, thyssenkrupp Steering, Hyundai Mobis, AISIN, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Automotive Steering Device market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Shock Absorbers and Dampers
Struts and Strut Assemblies
Spring-based Suspension Devices
Air Suspension Devices
Control Arms and Linkage Devices
Suspension Modules and Axle-mounted Devices
Others
Market segment by Steering Gear Mechanism
Rack-and-Pinion Type
Recirculating-Ball Type
Worm-and-Roller / Worm-and-Sector Type
Others
Market segment by Assist Actuator Layout
Column-Assist Type
Pinion-Assist Type
Rack-Assist Type
Ball-Nut / Recirculating-Ball Assist Type
Others
Market segment by Safety and Redundancy Architecture
Non-Redundant Type
Single-Fault-Tolerant Type
Dual-Redundant Type
Fail-Operational Type
Others
Market segment by Application
Aftermarket
OEM
Major players covered
Bosch
ZF
JTEKT
Nexteer
Hitachi Astemo
HL Mando
NSK
thyssenkrupp Steering
Hyundai Mobis
AISIN
China Automotive Systems
Zhejiang Shibao
Henglong Group
Yubei Steering
Rane Steering Systems
ZF Rane Automotive India
JTEKT Column Systems North America
RH Sheppard
Pailton Engineering
Rane Madras
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Steering Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Steering Device, with price, sales quantity, revenue, and global market share of Automotive Steering Device from 2021 to 2026.
Chapter 3, the Automotive Steering Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Steering Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Automotive Steering Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Steering Device.
Chapter 14 and 15, to describe Automotive Steering Device sales channel, distributors, customers, research findings and conclusion.

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