Companies Dominating the Automotive Steering System Landscape
- JTEKT Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Hella KGaA Hueck & Co.
- Nexteer Automotive Corporation
- ZF Friedrichshafen AG
- Robert Bosch GmbH
- NSK Steering Systems Co., Ltd.
- Mando Corp.
- Mitsubishi Electric Corporation
- China Automotive Systems, Inc.
- ThyssenKrupp AG
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Automotive Steering System Market in 2025 is estimated at USD 24.57 billion.
The global market size was valued at more than USD 23.81 billion in 2024 and is expected to register a CAGR of over 4%, exceeding USD 39.65 billion revenue by 2037.
Asia Pacific is set to surpass largest share by 2037, fueled by growing number of vehicles and the increasing demand for driving-assist functions amongst vehicle users.
The major players in the market include JTEKT Corporation, Hella KGaA Hueck & Co., Nexteer Automotive Corporation, ZF Friedrichshafen AG, Robert Bosch GmbH, NSK Steering Systems Co., Ltd., Mando Corp., Mitsubishi Electric Corporation, China Automotive Systems, Inc., ThyssenKrupp AG.