Steering Shaft Market

Steering Shaft Market Analysis by Hydraulic Power Steering, Electronic Power Steering, and Electric Power Hydraulic Steering from 2023 to 2033

Analysis of Steering Shaft Market Covering 30+ Countries Including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Increased Production of Automotive and Long Term Contracts with OEMs to Drive the Market Growth

The global steering shaft market is set to surpass a valuation of US$ 5.7 Billion in 2023 and further expand at a CAGR of 3.3% to reach US$ 7.9 Billion by the end of 2033.

Sales of steering shaft accounted for around 20% of the overall global steering system market at the end of 2022.

Report Attributes Details

Steering Shaft Market Size (2022A)

US$ 5.4 Billion

Estimated Market Value (2023E)

US$ 5.7 Billion

Forecasted Market Value (2033F)

US$ 7.9 Billion

Global Market Growth Rate (2023-2033)

3.3% CAGR

North America Market Share (2023)

~ 14.4%

North America Market Value

(US$ Million), 2023

US$ 832.6 Million

Europe Market Share (%), 2023

~17.8%

Europe Market Value (US$ Million), 2023

US$ 1 Billion

China Market Share (%), 2023

~30.6%

China Market Value (US$ Million)

US$ 1.7 Billion

Top 3 country Market Share (%)

~52.3%

Key Companies Profiled

  • Changshu City Jinhua Machinery Co., Ltd
  • China Automotive Systems, Inc
  • Faw Koyo Steering Systems Co., Ltd.
  • Global Steering Systems
  • JTEKT Corporation
  • KLM Performance
  • Nexteer Automotive
  • NSK Ltd.
  • Pailton Engineering
  • Robert Bosch GmbH
  • Steering Shaft Factory
  • Zhejiang Shibao Co., Ltd.

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Sales Analysis of Steering Shaft (2018-2022) Vs. Market Forecast Outlook (2023-2033)

During the historical period from 2018 to 2022, global sales of steering shafts restrained at -3.5% CAGR, with sales being valued at US$ 5.4 Billion by the end of historical period. The declining sales of steering shafts can be attributed to pandemic, changing consumer preferences, and shifts in the automotive industry towards alternative modes of transportation.

The steering shaft market has seen significant growth in recent years, driven by various factors such as technological advancements, increasing demand for vehicles, and the growing focus on safety features. Another key factor driving the steering shaft market is the rising demand for vehicles, especially in emerging economies such as China, India, and Brazil.

The developments in the steering shaft market are focused on meeting the changing needs of customers and the automotive industry. The market is expected to continue to evolve in response to new trends and technologies by OEMs, creating new opportunities for innovation and growth. It can be predicted that steering shaft market will have a market value of US$ 5.7 Billion in 2023.

The global market is expected to witness prominent growth with an absolute dollar opportunity accounting to US$ 2.5 Billion over the forecast period. Fact.MR estimates that the sales of the global steering shaft market will be 1.4X times by 2033 and exhibit growth at 3.3% CAGR between 2023 and 2033.

  • Short Term (2023 Q1 to 2026): Growing automotive industry, with increasing production of vehicles globally, to positively influence the market growth.
  • Medium Term (2026-2029): Focus on reducing vehicle weight and improving fuel efficiency, leading to the development of lightweight and high-strength steering shafts, to contribute the market growth in mid-term.
  • Long Term (2029-2033): Rising demand for electric and hybrid vehicles, which require specialized steering systems and components, including steering shafts will improve the long-term market growth.

Steering Sector Shaft Market  Size, Share, Trends, Growth, Demand and Sales Forecast Report by Fact.MR

Market share analysis of steering shaft based on steering shaft style and region is illustrated briefly in the above image. Under the steering shaft style segment, the splined sub-segment will dominate with 64.6% market share in 2023.

What is Driving the Demand for Steering Shafts?

“Benefits of Safety Features of Steering Systems to Boost Sales”

Advanced steering systems are designed to offer greater precision and control, which can help to prevent accidents and improve safety. These systems often require specialized steering shafts that are capable of supporting these advanced features, which can drive the demand for steering shafts. In addition, modern vehicles are equipped with numerous safety sensors, including those related to steering. These sensors require high-quality and durable steering shafts that can withstand the demands of the sensor systems.

The adoption of active safety technologies, such as ABS (Antilock Breaking System), ESC (Electronic Stability Control), etc. are increasing in automotive vehicle for improved safety. The increasing implementation of these technologies will continue to positively influence the growth of the steering shaft market in the coming years.

“Advancements in Steering Technology Driving the Market Growth ”

As steering technology advances, new types of steering systems are being developed that require different types of steering shafts. For instance, electric power steering (EPS) systems require more complex and lightweight steering shafts to accommodate the electric motor and sensors, which are not needed in traditional hydraulic power steering systems.

Advanced steering systems are designed to offer greater precision and control, which puts higher demands on the steering shafts. As a result, the steering shafts need to be durable, lighter, and more responsive to meet the needs of these advanced systems. Hence manufacturers are investing heavily in research and development to produce new steering shafts, which is driving the market growth.

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What Concerns Should Steering Shaft Manufacturers Avert?

“High Costs of Lightweight Materials, a Stumbling Block”

The demand for lightweight components in the automotive industry is growing, as manufacturers seek to improve vehicle performance and fuel efficiency. However, materials such as carbon fiber and aluminum are more expensive than traditional materials such as steel or cast iron. The limited availability of these materials can be a significant constraint for manufacturers, who must balance the cost of materials with the need to produce high-quality, reliable components.

The manufacturing process for lightweight materials is often more complex, which could further increase production costs. In addition, designing lightweight components that are both durable and safe can be challenging and may require significant research and development.

Country-wise Insights

What are the Factors Driving Revenue Generation in China?

China is the world's largest automotive market, with a large and rapidly growing domestic auto industry. Chinese carmakers produced 27 million units in 2022, up by 3.4% year on year, as per the China Association of Automobile Manufacturers (CAAM).

Moreover, Chinese manufacturers of steering shafts have been increasing their exports to other countries in recent years. As the demand for these products increases globally, the Chinese steering shaft market is expected to grow even further.

With the Chinese government promoting the adoption of electric vehicles to reduce air pollution, the demand for steering shafts in the electric vehicle segment is also expected to rise. China is predicted to grow at a CAGR of close to 4.2% because of the aforementioned factors and reach a valuation of US$ 1.7 Billion by the end of the forecast period.

What Supports Increasing Steering Shaft Sales in the U.S.?

The U.S. is one of the largest markets for automobiles globally, with a high demand for cars, trucks, and other vehicles. In 2022, the U.S. automobile industry product an estimated 10 million vehicles, having 10% of the year-on-year growth rate.

The aftermarket sales segment in the U.S. is also a significant driver of the sales of steering shafts. Consumers often seek high-quality replacement parts for their vehicles, and the U.S. has a large and growing market for aftermarket automotive parts.

The U.S. government has implemented stringent fuel efficiency standards for vehicles, which is driving the development of advanced and efficient steering systems and components, including steering shafts. Due to these factors, the U.S. is expected to reach a valuation of US$ 741.9 Million by the end of the forecast period growing at a CAGR of 2.7%.

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Category-wise Insights

How will Passenger Vehicles Offer Lucrative Opportunities for Steering Shafts?

The demand for passenger vehicles is expected to increase significantly in the coming years, particularly in highly lucrative market such as China and India. Around 81.6 million vehicles were sold globally in 2022, down from around 82.7 million units in 2021. As the demand for passenger vehicles is increased from 56.4 million in 2021 to 57.4 million units in 2022, the demand for high-quality steering system components is also expected to rise over the forecast period.

In 2023, the demand of steering shafts for passenger vehicles is predicted to have a market share of 70.4% accounting for a market value of US$ 4 Billion, and is expected to have a huge demand in the future as well.

Why are Steel Steering Shafts Stimulating Heightened Demand?

Steel is a strong and durable material that offers high resistance to wear and tear, corrosion, and heat. These properties make steel steering shafts more reliable and long-lasting than other materials, such as aluminum. Additionally, stricter regulations and safety standards in the automotive industry have led to increased demand for high-quality steering components.

Steel steering shaft is predicted to have a market value of US$ 5.2 Billion in 2023 and is expected to capture nearly 90.7% of the demand in the steering shaft market.

Competitive Landscape

Prominent manufacturers of the steering shaft industry globally are Changshu City Jinhua Machinery Co., Ltd, China Automotive Systems, Inc., Faw Koyo Steering Systems Co., Ltd., Global Steering Systems, JTEKT Corporation, KLM Performance, Nexteer Automotive, NSK Ltd., Pailton Engineering, Robert Bosch GmbH, Steering Shaft Factory and Zhejiang Shibao Co., Ltd.

The increasing demand for electric and hybrid vehicles has led to a shift towards specialized steering systems and components, including steering shafts. Manufacturers are developing steering shafts that are designed specifically for electric and hybrid vehicles and can provide improved performance and durability.

For instance :

  • In October 2021, Nexteer Automotive launched its new Modular Column-Assist EPS System (mCEPS) as an addition to its Electric Power Steering (EPS) portfolio. The innovative system offers an affordable, modular platform design that achieves scalability for Nexteer and flexibility to meet the requirements of a wide range of OEMs.

Fact.MR has provided detailed information about the price points of key manufacturers of steering shaft positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Steering Shaft Industry Research

  • By Steering Shaft Style :

    • Splined
    • Double D
    • Smooth
  • By Mechanism :

    • HPS -Hydraulic Power steering
    • EPS- Electronic Power Steering
    • EPHS - Electric Power Hydraulic Steering
  • By Material :

    • Steel
      • Polish Stainless Steel
      • Stainless Steel
      • Steel
    • Aluminium
  • By Sales Channel :

    • OEM
    • Aftermarket
  • By Vehicle Category :

    • Passenger Vehicle
      • Compact
      • Mid-Size
      • Luxury
      • SUVs
    • Commercial Vehicle
      • LCV
      • HCV
      • Coaches & Buses
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Table of Content

1. Market - Executive Summary

2. Market Overview

    2.1. Market Definition and Introduction

    2.2. Market Taxonomy/ Research Scope

3. Market Background and Foundation Data

    3.1. Global Automotive Production and Fleet Outlook

        3.1.1. Automotive Production Statistics

            3.1.1.1. By Key Countries

            3.1.1.2. By Vehicle Category

        3.1.2. Automotive Fleet Analysis and Y-o-Y Growth Analysis

            3.1.2.1. By Key Countries

            3.1.2.2. By Vehicle Category

    3.2. Who Supplies Whom Insights

    3.3. Type and Material Preferences by Automakers

    3.4. Top Ten Manufacturers of and their Annual Supply Volume

    3.5. Cost Benchmark as a % of Vehicle Total Production Cost

    3.6. Market Dynamics

        3.6.1. Market Driving Factors and Impact Assessment

        3.6.2. Prominent Market Challenges and Impact Assessment

        3.6.3. Market Opportunities

        3.6.4. Prominent Trends in the Global Market & Their Impact Assessment

    3.7. Forecast and Macro-economic factors: Relevance and Impact

    3.8. Supply Chain and Value Chain

        3.8.1. List of Channel Partners Across the Supply Chain

        3.8.2. Operating Margins at Each Node of Value Chain

        3.8.3. Key Factors Influencing the Supply Chain

        3.8.4. Notes on Value Added at Each Node in the Value Chain

4. Global Demand (Units) Analysis and Forecast

    4.1. Historical Market Volume (Units) Analysis, 2018-2022

    4.2. Current and Future Market Volume (Units) Projections, 2023-2033

    4.3. Y-o-Y Volume Growth Trend Analysis

5. Global Market - Pricing Analysis

    5.1. Product Type and Country-Level Pricing Analysis

    5.2. Global Average Pricing Analysis Benchmark

    5.3. Factors Influencing Pricing

6. Global Market Value (US$ million) Analysis and Forecast

    6.1. Historical Market Value (US$ million) Analysis, 2018-2022

    6.2. Current and Future Market Value (US$ million) Projections, 2023-2033

        6.2.1. Y-o-Y Growth Trend Analysis

        6.2.2. Absolute $ Opportunity Analysis

7. Global Market Analysis and Forecast, By Style

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Style, 2018-2022

    7.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Style, 2023-2033

        7.3.1. Splined

        7.3.2. Double D

        7.3.3. Smooth

    7.4. Market Attractiveness Analysis By Style

8. Global Market Analysis and Forecast, By Mechanism

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Mechanism , 2018-2022

    8.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Mechanism , 2023-2033

        8.3.1. HPS -Hydraulic Power steering

        8.3.2. EPS- Electronic Power Steering

        8.3.3. EPHS - Electric Power Hydraulic Steering

    8.4. Market Attractiveness Analysis By Mechanism

9. Global Market Analysis and Forecast, By Material

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Material , 2018-2022

    9.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Material , 2023-2033

        9.3.1. Steel

            9.3.1.1. Polish Stainless Steel

            9.3.1.2. Stainless Steel

            9.3.1.3. Steel

        9.3.2. Aluminum

    9.4. Market Attractiveness Analysis By Material

10. Global Market Analysis and Forecast, By Sales Channel

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Sales Channel , 2018-2022

    10.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Sales Channel , 2023-2033

        10.3.1. OEM

        10.3.2. Aftermarket

    10.4. Market Attractiveness Analysis By Sales Channel

11. Global Market Analysis and Forecast, By Vehicle Category

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Vehicle Category , 2018-2022

    11.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Vehicle Category , 2023-2033

        11.3.1. Passenger Vehicle

            11.3.1.1. Compact

            11.3.1.2. Mid-Size

            11.3.1.3. Luxury

            11.3.1.4. SUVs

        11.3.2. Commercial Vehicle

            11.3.2.1. LCV

            11.3.2.2. HCV

            11.3.2.3. Coaches & Buses

    11.4. Market Attractiveness Analysis By Vehicle Category

12. Global Market Analysis and Forecast, By Region

    12.1. Introduction

    12.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Region, 2018-2022

    12.3. Current Market Size (US$ million) Analysis and Volume (Units) Forecast By Region, 2023-2033

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. East Asia

        12.3.5. South Asia & Oceania

        12.3.6. Middle East & Africa

    12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis and Forecast

    13.1. Introduction / Key Findings

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    13.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        13.4.1. By Country

            13.4.1.1. U.S.

            13.4.1.2. Canada

        13.4.2. By Style

        13.4.3. By Mechanism

        13.4.4. By Material

        13.4.5. By Sales Channel

        13.4.6. By Vehicle Category

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Style

        13.5.3. By Mechanism

        13.5.4. By Material

        13.5.5. By Sales Channel

        13.5.6. By Vehicle Category

14. Latin America Market Analysis and Forecast

    14.1. Introduction / Key Findings

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    14.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        14.4.1. By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Argentina

            14.4.1.4. Rest of Latin America

        14.4.2. By Style

        14.4.3. By Mechanism

        14.4.4. By Material

        14.4.5. By Sales Channel

        14.4.6. By Vehicle Category

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Style

        14.5.3. By Mechanism

        14.5.4. By Material

        14.5.5. By Sales Channel

        14.5.6. By Vehicle Category

15. Europe Market Analysis and Forecast

    15.1. Introduction / Key Findings

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    15.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        15.4.1. By Country

            15.4.1.1. Germany

            15.4.1.2. France

            15.4.1.3. Italy

            15.4.1.4. Spain

            15.4.1.5. U.K.

            15.4.1.6. BENELUX

            15.4.1.7. Russia

            15.4.1.8. Rest of Europe

        15.4.2. By Style

        15.4.3. By Mechanism

        15.4.4. By Material

        15.4.5. By Sales Channel

        15.4.6. By Vehicle Category

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Style

        15.5.3. By Mechanism

        15.5.4. By Material

        15.5.5. By Sales Channel

        15.5.6. By Vehicle Category

16. East Asia Market Analysis and Forecast

    16.1. Introduction / Key Findings

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    16.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

        16.4.2. By Style

        16.4.3. By Mechanism

        16.4.4. By Material

        16.4.5. By Sales Channel

        16.4.6. By Vehicle Category

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Style

        16.5.3. By Mechanism

        16.5.4. By Material

        16.5.5. By Sales Channel

        16.5.6. By Vehicle Category

17. South Asia & Oceania Market Analysis and Forecast

    17.1. Introduction / Key Findings

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    17.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        17.4.1. By Country

            17.4.1.1. India

            17.4.1.2. Thailand

            17.4.1.3. Indonesia

            17.4.1.4. Malaysia

            17.4.1.5. Australia

            17.4.1.6. New Zealand

            17.4.1.7. Rest of South Asia & Oceania

        17.4.2. By Style

        17.4.3. By Mechanism

        17.4.4. By Material

        17.4.5. By Sales Channel

        17.4.6. By Vehicle Category

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Style

        17.5.3. By Mechanism

        17.5.4. By Material

        17.5.5. By Sales Channel

        17.5.6. By Vehicle Category

18. Middle East & Africa Market Analysis and Forecast

    18.1. Introduction / Key Findings

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022

    18.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033

        18.4.1. By Country

            18.4.1.1. GCC Countries

            18.4.1.2. South Africa

            18.4.1.3. Northern Africa

            18.4.1.4. Turkey

            18.4.1.5. Rest of Middle East & Africa

        18.4.2. By Style

        18.4.3. By Mechanism

        18.4.4. By Material

        18.4.5. By Sales Channel

        18.4.6. By Vehicle Category

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Style

        18.5.3. By Mechanism

        18.5.4. By Material

        18.5.5. By Sales Channel

        18.5.6. By Vehicle Category

19. Country-level Market Analysis and Forecast

    19.1. Introduction / Key Findings

        19.1.1. Market Value Proportion Analysis, By Key Countries

        19.1.2. Global Vs. Country Growth Comparison

    19.2. US Market Analysis

        19.2.1. Value Proportion Analysis by Market Taxonomy

        19.2.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.2.2.1. By Style

            19.2.2.2. By Mechanism

            19.2.2.3. By Material

            19.2.2.4. By Sales Channel

            19.2.2.5. By Vehicle Category

    19.3. Canada Market Analysis

        19.3.1. Value Proportion Analysis by Market Taxonomy

        19.3.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.3.2.1. By Style

            19.3.2.2. By Mechanism

            19.3.2.3. By Material

            19.3.2.4. By Sales Channel

            19.3.2.5. By Vehicle Category

    19.4. Brazil Market Analysis

        19.4.1. Value Proportion Analysis by Market Taxonomy

        19.4.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.4.2.1. By Style

            19.4.2.2. By Mechanism

            19.4.2.3. By Material

            19.4.2.4. By Sales Channel

            19.4.2.5. By Vehicle Category

    19.5. Mexico Market Analysis

        19.5.1. Value Proportion Analysis by Market Taxonomy

        19.5.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.5.2.1. By Style

            19.5.2.2. By Mechanism

            19.5.2.3. By Material

            19.5.2.4. By Sales Channel

            19.5.2.5. By Vehicle Category

    19.6. Argentina Market Analysis

        19.6.1. Value Proportion Analysis by Market Taxonomy

        19.6.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.6.2.1. By Style

            19.6.2.2. By Mechanism

            19.6.2.3. By Material

            19.6.2.4. By Sales Channel

            19.6.2.5. By Vehicle Category

    19.7. Germany Market Analysis

        19.7.1. Value Proportion Analysis by Market Taxonomy

        19.7.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.7.2.1. By Style

            19.7.2.2. By Mechanism

            19.7.2.3. By Material

            19.7.2.4. By Sales Channel

            19.7.2.5. By Vehicle Category

    19.8. France Market Analysis

        19.8.1. Value Proportion Analysis by Market Taxonomy

        19.8.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.8.2.1. By Style

            19.8.2.2. By Mechanism

            19.8.2.3. By Material

            19.8.2.4. By Sales Channel

            19.8.2.5. By Vehicle Category

    19.9. Italy Market Analysis

        19.9.1. Value Proportion Analysis by Market Taxonomy

        19.9.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.9.2.1. By Style

            19.9.2.2. By Mechanism

            19.9.2.3. By Material

            19.9.2.4. By Sales Channel

            19.9.2.5. By Vehicle Category

    19.10. Spain Market Analysis

        19.10.1. Value Proportion Analysis by Market Taxonomy

        19.10.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.10.2.1. By Style

            19.10.2.2. By Mechanism

            19.10.2.3. By Material

            19.10.2.4. By Sales Channel

            19.10.2.5. By Vehicle Category

    19.11. U.K. Market Analysis

        19.11.1. Value Proportion Analysis by Market Taxonomy

        19.11.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.11.2.1. By Style

            19.11.2.2. By Mechanism

            19.11.2.3. By Material

            19.11.2.4. By Sales Channel

            19.11.2.5. By Vehicle Category

    19.12. BENELUX Market Analysis

        19.12.1. Value Proportion Analysis by Market Taxonomy

        19.12.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.12.2.1. By Style

            19.12.2.2. By Mechanism

            19.12.2.3. By Material

            19.12.2.4. By Sales Channel

            19.12.2.5. By Vehicle Category

    19.13. Russia Market Analysis

        19.13.1. Value Proportion Analysis by Market Taxonomy

        19.13.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.13.2.1. By Style

            19.13.2.2. By Mechanism

            19.13.2.3. By Material

            19.13.2.4. By Sales Channel

            19.13.2.5. By Vehicle Category

    19.14. China Market Analysis

        19.14.1. Value Proportion Analysis by Market Taxonomy

        19.14.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.14.2.1. By Style

            19.14.2.2. By Mechanism

            19.14.2.3. By Material

            19.14.2.4. By Sales Channel

            19.14.2.5. By Vehicle Category

    19.15. Japan Market Analysis

        19.15.1. Value Proportion Analysis by Market Taxonomy

        19.15.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.15.2.1. By Style

            19.15.2.2. By Mechanism

            19.15.2.3. By Material

            19.15.2.4. By Sales Channel

            19.15.2.5. By Vehicle Category

    19.16. South Korea Market Analysis

        19.16.1. Value Proportion Analysis by Market Taxonomy

        19.16.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.16.2.1. By Style

            19.16.2.2. By Mechanism

            19.16.2.3. By Material

            19.16.2.4. By Sales Channel

            19.16.2.5. By Vehicle Category

    19.17. India Market Analysis

        19.17.1. Value Proportion Analysis by Market Taxonomy

        19.17.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.17.2.1. By Style

            19.17.2.2. By Mechanism

            19.17.2.3. By Material

            19.17.2.4. By Sales Channel

            19.17.2.5. By Vehicle Category

    19.18. Thailand Countries Market Analysis

        19.18.1. Value Proportion Analysis by Market Taxonomy

        19.18.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.18.2.1. By Style

            19.18.2.2. By Mechanism

            19.18.2.3. By Material

            19.18.2.4. By Sales Channel

            19.18.2.5. By Vehicle Category

    19.19. Indonesia Countries Market Analysis

        19.19.1. Value Proportion Analysis by Market Taxonomy

        19.19.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.19.2.1. By Style

            19.19.2.2. By Mechanism

            19.19.2.3. By Material

            19.19.2.4. By Sales Channel

            19.19.2.5. By Vehicle Category

    19.20. Malaysia Countries Market Analysis

        19.20.1. Value Proportion Analysis by Market Taxonomy

        19.20.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.20.2.1. By Style

            19.20.2.2. By Mechanism

            19.20.2.3. By Material

            19.20.2.4. By Sales Channel

            19.20.2.5. By Vehicle Category

    19.21. Australia Market Analysis

        19.21.1. Value Proportion Analysis by Market Taxonomy

        19.21.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.21.2.1. By Style

            19.21.2.2. By Mechanism

            19.21.2.3. By Material

            19.21.2.4. By Sales Channel

            19.21.2.5. By Vehicle Category

    19.22. New Zealand Countries Market Analysis

        19.22.1. Value Proportion Analysis by Market Taxonomy

        19.22.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.22.2.1. By Style

            19.22.2.2. By Mechanism

            19.22.2.3. By Material

            19.22.2.4. By Sales Channel

            19.22.2.5. By Vehicle Category

    19.23. GCC Countries Market Analysis

        19.23.1. Value Proportion Analysis by Market Taxonomy

        19.23.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.23.2.1. By Style

            19.23.2.2. By Mechanism

            19.23.2.3. By Material

            19.23.2.4. By Sales Channel

            19.23.2.5. By Vehicle Category

    19.24. South Africa Market Analysis

        19.24.1. Value Proportion Analysis by Market Taxonomy

        19.24.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.24.2.1. By Style

            19.24.2.2. By Mechanism

            19.24.2.3. By Material

            19.24.2.4. By Sales Channel

            19.24.2.5. By Vehicle Category

    19.25. Northern Africa Market Analysis

        19.25.1. Value Proportion Analysis by Market Taxonomy

        19.25.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.25.2.1. By Style

            19.25.2.2. By Mechanism

            19.25.2.3. By Material

            19.25.2.4. By Sales Channel

            19.25.2.5. By Vehicle Category

    19.26. Turkey Market Analysis

        19.26.1. Value Proportion Analysis by Market Taxonomy

        19.26.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033

            19.26.2.1. By Style

            19.26.2.2. By Mechanism

            19.26.2.3. By Material

            19.26.2.4. By Sales Channel

            19.26.2.5. By Vehicle Category

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies

    20.2. Market Concentration of Players

    20.3. Market Share Analysis of Top Players

    20.4. Market Presence Analysis

21. Competition Analysis

    21.1. Competition Dashboard

    21.2. Competition Benchmarking of Products

    21.3. Competition Deep Dive:

        21.3.1. Changshu City Jinhua Machinery Co., Ltd

            21.3.1.1. Overview

            21.3.1.2. Product Portfolio

            21.3.1.3. Key Financials

            21.3.1.4. Sales Footprint

            21.3.1.5. SWOT Analysis

            21.3.1.6. Key Developments

            21.3.1.7. Strategy Overview

        21.3.2. China Automotive Systems, Inc

            21.3.2.1. Overview

            21.3.2.2. Product Portfolio

            21.3.2.3. Key Financials

            21.3.2.4. Sales Footprint

            21.3.2.5. SWOT Analysis

            21.3.2.6. Key Developments

            21.3.2.7. Strategy Overview

        21.3.3. Faw Koyo Steering Systems Co., Ltd.

            21.3.3.1. Overview

            21.3.3.2. Product Portfolio

            21.3.3.3. Key Financials

            21.3.3.4. Sales Footprint

            21.3.3.5. SWOT Analysis

            21.3.3.6. Key Developments

            21.3.3.7. Strategy Overview

        21.3.4. Global Steering Systems

            21.3.4.1. Overview

            21.3.4.2. Product Portfolio

            21.3.4.3. Key Financials

            21.3.4.4. Sales Footprint

            21.3.4.5. SWOT Analysis

            21.3.4.6. Key Developments

            21.3.4.7. Strategy Overview

        21.3.5. JTEKT Corporation

            21.3.5.1. Overview

            21.3.5.2. Product Portfolio

            21.3.5.3. Key Financials

            21.3.5.4. Sales Footprint

            21.3.5.5. SWOT Analysis

            21.3.5.6. Key Developments

            21.3.5.7. Strategy Overview

        21.3.6. KLM Performance

            21.3.6.1. Overview

            21.3.6.2. Product Portfolio

            21.3.6.3. Key Financials

            21.3.6.4. Sales Footprint

            21.3.6.5. SWOT Analysis

            21.3.6.6. Key Developments

            21.3.6.7. Strategy Overview

        21.3.7. Nexteer Automotive

            21.3.7.1. Overview

            21.3.7.2. Product Portfolio

            21.3.7.3. Key Financials

            21.3.7.4. Sales Footprint

            21.3.7.5. SWOT Analysis

            21.3.7.6. Key Developments

            21.3.7.7. Strategy Overview

        21.3.8. NSK Ltd.

            21.3.8.1. Overview

            21.3.8.2. Product Portfolio

            21.3.8.3. Key Financials

            21.3.8.4. Sales Footprint

            21.3.8.5. SWOT Analysis

            21.3.8.6. Key Developments

            21.3.8.7. Strategy Overview

        21.3.9. Pailton Engineering

            21.3.9.1. Overview

            21.3.9.2. Product Portfolio

            21.3.9.3. Key Financials

            21.3.9.4. Sales Footprint

            21.3.9.5. SWOT Analysis

            21.3.9.6. Key Developments

            21.3.9.7. Strategy Overview

        21.3.10. Robert Bosch GmbH

            21.3.10.1. Overview

            21.3.10.2. Product Portfolio

            21.3.10.3. Key Financials

            21.3.10.4. Sales Footprint

            21.3.10.5. SWOT Analysis

            21.3.10.6. Key Developments

            21.3.10.7. Strategy Overview

        21.3.11. Factory

            21.3.11.1. Overview

            21.3.11.2. Product Portfolio

            21.3.11.3. Key Financials

            21.3.11.4. Sales Footprint

            21.3.11.5. SWOT Analysis

            21.3.11.6. Key Developments

            21.3.11.7. Strategy Overview

        21.3.12. Zhejiang Shibao Co., Ltd.

            21.3.12.1. Overview

            21.3.12.2. Product Portfolio

            21.3.12.3. Key Financials

            21.3.12.4. Sales Footprint

            21.3.12.5. SWOT Analysis

            21.3.12.6. Key Developments

            21.3.12.7. Strategy Overview

22. Assumptions & Acronyms Used

23. Research Methodology

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List Of Table

Table 01. Global Market Value (US$ million) and Forecast by Region, 2018-2022

Table 02. Global Market Value (US$ million) and Forecast by Region, 2023-2033

Table 03. Global Market Volume (Units) and Forecast by Region, 2018-2022

Table 04. Global Market Volume (Units) and Forecast by Region, 2023-2033

Table 05. Global Market Value (US$ million) and Forecast By Style, 2018-2022

Table 06. Global Market Value (US$ million) and Forecast By Style, 2023-2033

Table 07. Global Market Volume (Units) and Forecast By Style, 2018-2022

Table 08. Global Market Volume (Units) and Forecast By Style, 2023-2033

Table 09. Global Market Value (US$ million) and Forecast By Mechanism, 2018-2022

Table 10. Global Market Value (US$ million) and Forecast By Mechanism, 2023-2033

Table 11. Global Market Volume (Units) and Forecast By Mechanism, 2018-2022

Table 12. Global Market Volume (Units) and Forecast By Mechanism, 2023-2033

Table 13. Global Market Value (US$ million) and Forecast By Material, 2018-2022

Table 14. Global Market Value (US$ million) and Forecast By Material, 2023-2033

Table 15. Global Market Volume (Units) and Forecast By Material, 2018-2022

Table 16. Global Market Volume (Units) and Forecast By Material, 2023-2033

Table 17. Global Market Value (US$ million) and Forecast By Sales Channel, 2018-2022

Table 18. Global Market Value (US$ million) and Forecast By Sales Channel, 2023-2033

Table 19. Global Market Volume (Units) and Forecast By Sales Channel, 2018-2022

Table 20. Global Market Volume (Units) and Forecast By Sales Channel, 2023-2033

Table 21. Global Market Value (US$ million) and Forecast By Vehicle Category, 2018-2022

Table 22. Global Market Value (US$ million) and Forecast By Vehicle Category, 2023-2033

Table 23. Global Market Volume (Units) and Forecast By Vehicle Category, 2018-2022

Table 24. Global Market Volume (Units) and Forecast By Vehicle Category, 2023-2033

Table 25. North America Market Value (US$ million) and Forecast by Country, 2018-2022

Table 26. North America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 27. North America Market Volume (Units) and Forecast by Country, 2018-2022

Table 28. North America Market Volume (Units) and Forecast by Country, 2023-2033

Table 29. North America Market Value (US$ million) and Forecast By Style, 2018-2022

Table 30. North America Market Value (US$ million) and Forecast By Style, 2023-2033

Table 31. North America Market Volume (Units) and Forecast By Style, 2018-2022

Table 32. North America Market Volume (Units) and Forecast By Style, 2023-2033

Table 33. North America Market Value (US$ million) and Forecast By Mechanism, 2018-2022

Table 34. North America Market Value (US$ million) and Forecast By Mechanism, 2023-2033

Table 35. North America Market Volume (Units) and Forecast By Mechanism, 2018-2022

Table 36. North America Market Volume (Units) and Forecast By Mechanism, 2023-2033

Table 37. North America Market Value (US$ million) and Forecast By Material, 2018-2022

Table 38. North America Market Value (US$ million) and Forecast By Material, 2023-2033

Table 39. North America Market Volume (Units) and Forecast By Material, 2018-2022

Table 40. North America Market Volume (Units) and Forecast By Material, 2023-2033

Table 41. North America Market Value (US$ million) and Forecast By Sales Channel, 2018-2022

Table 42. North America Market Value (US$ million) and Forecast By Sales Channel, 2023-2033

Table 43. North America Market Volume (Units) and Forecast By Sales Channel, 2018-2022

Table 44. North America Market Volume (Units) and Forecast By Sales Channel, 2023-2033

Table 45. North America Market Value (US$ million) and Forecast By Vehicle Category, 2018-2022

Table 46. North America Market Value (US$ million) and Forecast By Vehicle Category, 2023-2033

Table 47. North America Market Volume (Units) and Forecast By Vehicle Category, 2018-2022

Table 48. North America Market Volume (Units) and Forecast By Vehicle Category, 2023-2033

Table 49. Latin America Market Value (US$ million) and Forecast by Country, 2018-2022

Table 50. Latin America Market Value (US$ million) and Forecast by Country, 2023-2033

Table 51. Latin America Market Volume (Units) and Forecast by Country, 2018-2022

Table 52. Latin America Market Volume (Units) and Forecast by Country, 2023-2033

Table 53. Latin America Market Value (US$ million) and Forecast By Style, 2018-2022

Table 54. Latin America Market Value (US$ million) and Forecast By Style, 2023-2033

Table 55. Latin America Market Volume (Units) and Forecast By Style, 2018-2022

Table 56. Latin America Market Volume (Units) and Forecast By Style, 2023-2033

Table 57. Latin America Market Value (US$ million) and Forecast By Mechanism, 2018-2022

Table 58. Latin America Market Value (US$ million) and Forecast By Mechanism, 2023-2033

Table 59. Latin America Market Volume (Units) and Forecast By Mechanism, 2018-2022

Table 60. Latin America Market Volume (Units) and Forecast By Mechanism, 2023-2033

Table 61. Latin America Market Value (US$ million) and Forecast By Material, 2018-2022

Table 62. Latin America Market Value (US$ million) and Forecast By Material, 2023-2033

Table 63. Latin America Market Volume (Units) and Forecast By Material, 2018-2022

Table 64. Latin America Market Volume (Units) and Forecast By Material, 2023-2033

Table 65. Latin America Market Value (US$ million) and Forecast By Sales Channel, 2018-2022

Table 66. Latin America Market Value (US$ million) and Forecast By Sales Channel, 2023-2033

Table 67. Latin America Market Volume (Units) and Forecast By Sales Channel, 2018-2022

Table 68. Latin America Market Volume (Units) and Forecast By Sales Channel, 2023-2033

Table 69. Latin America Market Value (US$ million) and Forecast By Vehicle Category, 2018-2022

Table 70. Latin America Market Value (US$ million) and Forecast By Vehicle Category, 2023-2033

Table 71. Latin America Market Volume (Units) and Forecast By Vehicle Category, 2018-2022

Table 72. Latin America Market Volume (Units) and Forecast By Vehicle Category, 2023-2033

Table 73. Europe Market Value (US$ million) and Forecast by Country, 2018-2022

Table 74. Europe Market Value (US$ million) and Forecast by Country, 2023-2033

Table 75. Europe Market Volume (Units) and Forecast by Country, 2018-2022

Table 76. Europe Market Volume (Units) and Forecast by Country, 2023-2033

Table 77. Europe Market Value (US$ million) and Forecast By Style, 2018-2022

Table 78. Europe Market Value (US$ million) and Forecast By Style, 2023-2033

Table 79. Europe Market Volume (Units) and Forecast By Style, 2018-2022

Table 80. Europe Market Volume (Units) and Forecast By Style, 2023-2033

Table 81. Europe Market Value (US$ million) and Forecast By Mechanism, 2018-2022

Table 82. Europe Market Value (US$ million) and Forecast By Mechanism, 2023-2033

Table 83. Europe Market Volume (Units) and Forecast By Mechanism, 2018-2022

Table 84. Europe Market Volume (Units) and Forecast By Mechanism, 2023-2033

Table 85. Europe Market Value (US$ million) and Forecast By Material, 2018-2022

Table 86. Europe Market Value (US$ million) and Forecast By Material, 2023-2033

Table 87. Europe Market Volume (Units) and Forecast By Material, 2018-2022

Table 88. Europe Market Volume (Units) and Forecast By Material, 2023-2033

Table 89. Europe Market Value (US$ million) and Forecast By Sales Channel, 2018-2022

Table 90. Europe Market Value (US$ million) and Forecast By Sales Channel, 2023-2033

Table 91. Europe Market Volume (Units) and Forecast By Sales Channel, 2018-2022

Table 92. Europe Market Volume (Units) and Forecast By Sales Channel, 2023-2033

Table 93. Europe Market Value (US$ million) and Forecast By Vehicle Category, 2018-2022

Table 94. Europe Market Value (US$ million) and Forecast By Vehicle Category, 2023-2033

Table 95. Europe Market Volume (Units) and Forecast By Vehicle Category, 2018-2022

Table 96. Europe Market Volume (Units) and Forecast By Vehicle Category, 2023-2033

Table 97. East Asia Market Value (US$ million) and Forecast by Country, 2018-2022

Table 98. East Asia Market Value (US$ million) and Forecast by Country, 2023-2033

Table 99. East Asia Market Volume (Units) and Forecast by Country, 2018-2022

Table 100. East Asia Market Volume (Units) and Forecast by Country, 2023-2033

Table 101. East Asia Market Value (US$ million) and Forecast By Style, 2018-2022

Table 102. East Asia Market Value (US$ million) and Forecast By Style, 2023-2033

Table 103. East Asia Market Volume (Units) and Forecast By Style, 2018-2022

Table 104. East Asia Market Volume (Units) and Forecast By Style, 2023-2033

Table 105. East Asia Market Value (US$ million) and Forecast By Mechanism, 2018-2022

Table 106. East Asia Market Value (US$ million) and Forecast By Mechanism, 2023-2033

Table 107. East Asia Market Volume (Units) and Forecast By Mechanism, 2018-2022

Table 108. East Asia Market Volume (Units) and Forecast By Mechanism, 2023-2033

Table 109. East Asia Market Value (US$ million) and Forecast By Material, 2018-2022

Table 110. East Asia Market Value (US$ million) and Forecast By Material, 2023-2033

Table 111. East Asia Market Volume (Units) and Forecast By Material, 2018-2022

Table 112. East Asia Market Volume (Units) and Forecast By Material, 2023-2033

Table 113. East Asia Market Value (US$ million) and Forecast By Sales Channel, 2018-2022

Table 114. East Asia Market Value (US$ million) and Forecast By Sales Channel, 2023-2033

Table 115. East Asia Market Volume (Units) and Forecast By Sales Channel, 2018-2022

Table 116. East Asia Market Volume (Units) and Forecast By Sales Channel, 2023-2033

Table 117. East Asia Market Value (US$ million) and Forecast By Vehicle Category, 2018-2022

Table 118. East Asia Market Value (US$ million) and Forecast By Vehicle Category, 2023-2033

Table 119. East Asia Market Volume (Units) and Forecast By Vehicle Category, 2018-2022

Table 120. East Asia Market Volume (Units) and Forecast By Vehicle Category, 2023-2033

Table 121. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2018-2022

Table 122. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023-2033

Table 123. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2018-2022

Table 124. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2023-2033

Table 125. South Asia & Oceania Market Value (US$ million) and Forecast By Style, 2018-2022

Table 126. South Asia & Oceania Market Value (US$ million) and Forecast By Style, 2023-2033

Table 127. South Asia & Oceania Market Volume (Units) and Forecast By Style, 2018-2022

Table 128. South Asia & Oceania Market Volume (Units) and Forecast By Style, 2023-2033

Table 129. South Asia & Oceania Market Value (US$ million) and Forecast By Mechanism, 2018-2022

Table 130. South Asia & Oceania Market Value (US$ million) and Forecast By Mechanism, 2023-2033

Table 131. South Asia & Oceania Market Volume (Units) and Forecast By Mechanism, 2018-2022

Table 132. South Asia & Oceania Market Volume (Units) and Forecast By Mechanism, 2023-2033

Table 133. South Asia & Oceania Market Value (US$ million) and Forecast By Material, 2018-2022

Table 134. South Asia & Oceania Market Value (US$ million) and Forecast By Material, 2023-2033

Table 135. South Asia & Oceania Market Volume (Units) and Forecast By Material, 2018-2022

Table 136. South Asia & Oceania Market Volume (Units) and Forecast By Material, 2023-2033

Table 137. South Asia & Oceania Market Value (US$ million) and Forecast By Sales Channel, 2018-2022

Table 138. South Asia & Oceania Market Value (US$ million) and Forecast By Sales Channel, 2023-2033

Table 139. South Asia & Oceania Market Volume (Units) and Forecast By Sales Channel, 2018-2022

Table 140. South Asia & Oceania Market Volume (Units) and Forecast By Sales Channel, 2023-2033

Table 141. South Asia & Oceania Market Value (US$ million) and Forecast By Vehicle Category, 2018-2022

Table 142. South Asia & Oceania Market Value (US$ million) and Forecast By Vehicle Category, 2023-2033

Table 143. South Asia & Oceania Market Volume (Units) and Forecast By Vehicle Category, 2018-2022

Table 144. South Asia & Oceania Market Volume (Units) and Forecast By Vehicle Category, 2023-2033

Table 145. MEA Market Value (US$ million) and Forecast by Country, 2018-2022

Table 146. MEA Market Value (US$ million) and Forecast by Country, 2023-2033

Table 147. MEA Market Volume (Units) and Forecast by Country, 2018-2022

Table 148. MEA Market Volume (Units) and Forecast by Country, 2023-2033

Table 149. MEA Market Value (US$ million) and Forecast By Style, 2018-2022

Table 150. MEA Market Value (US$ million) and Forecast By Style, 2023-2033

Table 151. MEA Market Volume (Units) and Forecast By Style, 2018-2022

Table 152. MEA Market Volume (Units) and Forecast By Style, 2023-2033

Table 153. MEA Market Value (US$ million) and Forecast By Mechanism, 2018-2022

Table 154. MEA Market Value (US$ million) and Forecast By Mechanism, 2023-2033

Table 155. MEA Market Volume (Units) and Forecast By Mechanism, 2018-2022

Table 156. MEA Market Volume (Units) and Forecast By Mechanism, 2023-2033

Table 157. MEA Market Value (US$ million) and Forecast By Material, 2018-2022

Table 158. MEA Market Value (US$ million) and Forecast By Material, 2023-2033

Table 159. MEA Market Volume (Units) and Forecast By Material, 2018-2022

Table 160. MEA Market Volume (Units) and Forecast By Material, 2023-2033

Table 161. MEA Market Value (US$ million) and Forecast By Sales Channel, 2018-2022

Table 162. MEA Market Value (US$ million) and Forecast By Sales Channel, 2023-2033

Table 163. MEA Market Volume (Units) and Forecast By Sales Channel, 2018-2022

Table 164. MEA Market Volume (Units) and Forecast By Sales Channel, 2023-2033

Table 165. MEA Market Value (US$ million) and Forecast By Vehicle Category, 2018-2022

Table 166. MEA Market Value (US$ million) and Forecast By Vehicle Category, 2023-2033

Table 167. MEA Market Volume (Units) and Forecast By Vehicle Category, 2018-2022

Table 168. MEA Market Volume (Units) and Forecast By Vehicle Category, 2023-2033

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List Of Figures

Figure 01. Global Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 02. Global Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 03. Global Market Value (US$ million) and Volume (Units) by Region, 2023 & 2033

Figure 04. Global Market Y-o-Y Growth Rate by Region, 2023-2033

Figure 05. Global Market Value (US$ million) and Volume (Units) By Style, 2023 & 2033

Figure 06. Global Market Y-o-Y Growth Rate By Style, 2023-2033

Figure 07. Global Market Value (US$ million) and Volume (Units) By Mechanism, 2023 & 2033

Figure 08. Global Market Y-o-Y Growth Rate By Mechanism, 2023-2033

Figure 09. Global Market Value (US$ million) and Volume (Units) By Material, 2023 & 2033

Figure 10. Global Market Y-o-Y Growth Rate By Material, 2023-2033

Figure 11. Global Market Value (US$ million) and Volume (Units) By Sales Channel, 2023 & 2033

Figure 12. Global Market Y-o-Y Growth Rate By Sales Channel, 2023-2033

Figure 13. Global Market Value (US$ million) and Volume (Units) By Vehicle Category, 2023 & 2033

Figure 14. Global Market Y-o-Y Growth Rate By Vehicle Category, 2023-2033

Figure 15. North America Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 16. North America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 17. North America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 18. North America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 19. North America Market Value (US$ million) and Volume (Units) By Style, 2023 & 2033

Figure 20. North America Market Y-o-Y Growth Rate By Style, 2023-2033

Figure 21. North America Market Value (US$ million) and Volume (Units) By Mechanism, 2023 & 2033

Figure 22. North America Market Y-o-Y Growth Rate By Mechanism, 2023-2033

Figure 23. North America Market Value (US$ million) and Volume (Units) By Material, 2023 & 2033

Figure 24. North America Market Y-o-Y Growth Rate By Material, 2023-2033

Figure 25. North America Market Value (US$ million) and Volume (Units) By Sales Channel, 2023 & 2033

Figure 26. North America Market Y-o-Y Growth Rate By Sales Channel, 2023-2033

Figure 27. North America Market Value (US$ million) and Volume (Units) By Vehicle Category, 2023 & 2033

Figure 28. North America Market Y-o-Y Growth Rate By Vehicle Category, 2023-2033

Figure 29. North America Market Attractiveness Analysis by Country, 2023-2033

Figure 30. North America Market Attractiveness Analysis By Style, 2023-2033

Figure 31. North America Market Attractiveness Analysis By Mechanism, 2023-2033

Figure 32. North America Market Attractiveness Analysis By Material, 2023-2033

Figure 33. North America Market Attractiveness Analysis By Sales Channel, 2023-2033

Figure 34. North America Market Attractiveness Analysis By Vehicle Category, 2023-2033

Figure 35. Latin America Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 36. Latin America Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 37. Latin America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 38. Latin America Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 39. Latin America Market Value (US$ million) and Volume (Units) By Style, 2023 & 2033

Figure 40. Latin America Market Y-o-Y Growth Rate By Style, 2023-2033

Figure 41. Latin America Market Value (US$ million) and Volume (Units) By Mechanism, 2023 & 2033

Figure 42. Latin America Market Y-o-Y Growth Rate By Mechanism, 2023-2033

Figure 43. Latin America Market Value (US$ million) and Volume (Units) By Material, 2023 & 2033

Figure 44. Latin America Market Y-o-Y Growth Rate By Material, 2023-2033

Figure 45. Latin America Market Value (US$ million) and Volume (Units) By Sales Channel, 2023 & 2033

Figure 46. Latin America Market Y-o-Y Growth Rate By Sales Channel, 2023-2033

Figure 47. Latin America Market Value (US$ million) and Volume (Units) By Vehicle Category, 2023 & 2033

Figure 48. Latin America Market Y-o-Y Growth Rate By Vehicle Category, 2023-2033

Figure 49. Latin America Market Attractiveness Analysis by Country, 2023-2033

Figure 50. Latin America Market Attractiveness Analysis By Style, 2023-2033

Figure 51. Latin America Market Attractiveness Analysis By Mechanism, 2023-2033

Figure 52. Latin America Market Attractiveness Analysis By Material, 2023-2033

Figure 53. Latin America Market Attractiveness Analysis By Sales Channel, 2023-2033

Figure 54. Latin America Market Attractiveness Analysis By Vehicle Category, 2023-2033

Figure 55. Europe Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 56. Europe Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 57. Europe Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 58. Europe Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 59. Europe Market Value (US$ million) and Volume (Units) By Style, 2023 & 2033

Figure 60. Europe Market Y-o-Y Growth Rate By Style, 2023-2033

Figure 61. Europe Market Value (US$ million) and Volume (Units) By Mechanism, 2023 & 2033

Figure 62. Europe Market Y-o-Y Growth Rate By Mechanism, 2023-2033

Figure 63. Europe Market Value (US$ million) and Volume (Units) By Material, 2023 & 2033

Figure 64. Europe Market Y-o-Y Growth Rate By Material, 2023-2033

Figure 65. Europe Market Value (US$ million) and Volume (Units) By Sales Channel, 2023 & 2033

Figure 66. Europe Market Y-o-Y Growth Rate By Sales Channel, 2023-2033

Figure 67. Europe Market Value (US$ million) and Volume (Units) By Vehicle Category, 2023 & 2033

Figure 68. Europe Market Y-o-Y Growth Rate By Vehicle Category, 2023-2033

Figure 69. Europe Market Attractiveness Analysis by Country, 2023-2033

Figure 70. Europe Market Attractiveness Analysis By Style, 2023-2033

Figure 71. Europe Market Attractiveness Analysis By Mechanism, 2023-2033

Figure 72. Europe Market Attractiveness Analysis By Material, 2023-2033

Figure 73. Europe Market Attractiveness Analysis By Sales Channel, 2023-2033

Figure 74. Europe Market Attractiveness Analysis By Vehicle Category, 2023-2033

Figure 75. East Asia Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 76. East Asia Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 77. East Asia Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 78. East Asia Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 79. East Asia Market Value (US$ million) and Volume (Units) By Style, 2023 & 2033

Figure 80. East Asia Market Y-o-Y Growth Rate By Style, 2023-2033

Figure 81. East Asia Market Value (US$ million) and Volume (Units) By Mechanism, 2023 & 2033

Figure 82. East Asia Market Y-o-Y Growth Rate By Mechanism, 2023-2033

Figure 83. East Asia Market Value (US$ million) and Volume (Units) By Material, 2023 & 2033

Figure 84. East Asia Market Y-o-Y Growth Rate By Material, 2023-2033

Figure 85. East Asia Market Value (US$ million) and Volume (Units) By Sales Channel, 2023 & 2033

Figure 86. East Asia Market Y-o-Y Growth Rate By Sales Channel, 2023-2033

Figure 87. East Asia Market Value (US$ million) and Volume (Units) By Vehicle Category, 2023 & 2033

Figure 88. East Asia Market Y-o-Y Growth Rate By Vehicle Category, 2023-2033

Figure 89. East Asia Market Attractiveness Analysis by Country, 2023-2033

Figure 90. East Asia Market Attractiveness Analysis By Style, 2023-2033

Figure 91. East Asia Market Attractiveness Analysis By Mechanism, 2023-2033

Figure 92. East Asia Market Attractiveness Analysis By Material, 2023-2033

Figure 93. East Asia Market Attractiveness Analysis By Sales Channel, 2023-2033

Figure 94. East Asia Market Attractiveness Analysis By Vehicle Category, 2023-2033

Figure 95. South Asia & Oceania Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 96. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 97. South Asia & Oceania Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 98. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 99. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Style, 2023 & 2033

Figure 100. South Asia & Oceania Market Y-o-Y Growth Rate By Style, 2023-2033

Figure 101. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Mechanism, 2023 & 2033

Figure 102. South Asia & Oceania Market Y-o-Y Growth Rate By Mechanism, 2023-2033

Figure 103. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Material, 2023 & 2033

Figure 104. South Asia & Oceania Market Y-o-Y Growth Rate By Material, 2023-2033

Figure 105. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Sales Channel, 2023 & 2033

Figure 106. South Asia & Oceania Market Y-o-Y Growth Rate By Sales Channel, 2023-2033

Figure 107. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Vehicle Category, 2023 & 2033

Figure 108. South Asia & Oceania Market Y-o-Y Growth Rate By Vehicle Category, 2023-2033

Figure 109. South Asia & Oceania Market Attractiveness Analysis by Country, 2023-2033

Figure 110. South Asia & Oceania Market Attractiveness Analysis By Style, 2023-2033

Figure 111. South Asia & Oceania Market Attractiveness Analysis By Mechanism, 2023-2033

Figure 112. South Asia & Oceania Market Attractiveness Analysis By Material, 2023-2033

Figure 113. South Asia & Oceania Market Attractiveness Analysis By Sales Channel, 2023-2033

Figure 114. South Asia & Oceania Market Attractiveness Analysis By Vehicle Category, 2023-2033

Figure 115. MEA Market Value (US$ million) and Volume (Units) Forecast, 2023-2033

Figure 116. MEA Market Absolute $ Opportunity (US$ million), 2023-2033

Figure 117. MEA Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033

Figure 118. MEA Market Y-o-Y Growth Rate by Country, 2023-2033

Figure 119. MEA Market Value (US$ million) and Volume (Units) By Style, 2023 & 2033

Figure 120. MEA Market Y-o-Y Growth Rate By Style, 2023-2033

Figure 121. MEA Market Value (US$ million) and Volume (Units) By Mechanism, 2023 & 2033

Figure 122. MEA Market Y-o-Y Growth Rate By Mechanism, 2023-2033

Figure 123. MEA Market Value (US$ million) and Volume (Units) By Material, 2023 & 2033

Figure 124. MEA Market Y-o-Y Growth Rate By Material, 2023-2033

Figure 125. MEA Market Value (US$ million) and Volume (Units) By Sales Channel, 2023 & 2033

Figure 126. MEA Market Y-o-Y Growth Rate By Sales Channel, 2023-2033

Figure 127. MEA Market Value (US$ million) and Volume (Units) By Vehicle Category, 2023 & 2033

Figure 128. MEA Market Y-o-Y Growth Rate By Vehicle Category, 2023-2033

Figure 129. MEA Market Attractiveness Analysis by Country, 2023-2033

Figure 130. MEA Market Attractiveness Analysis By Style, 2023-2033

Figure 131. MEA Market Attractiveness Analysis By Mechanism, 2023-2033

Figure 132. MEA Market Attractiveness Analysis By Material, 2023-2033

Figure 133. MEA Market Attractiveness Analysis By Sales Channel, 2023-2033

Figure 134. MEA Market Attractiveness Analysis By Vehicle Category, 2023-2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What would be the global steering shaft market size in 2023?

The global steering shaft market will be valued at US$ 5.7 Billion in 2023.

How far is the global demand expected to reach over the forecasted period?

Worldwide demand for steering shaft is anticipated to reach US$ 7.9 Billion by 2033-end.

What was the last 5 year’s market CAGR?

During 2018-2022, sales of steering shaft declined at -3.5% CAGR.

Which country is estimated to have the highest market value for steering shaft market in 2023?

China is estimated to have the highest market value of US$ 1.7 Billion in 2023.

What will be the market share of Japan in 2023 for steering shaft market?

Japan is estimated to hold an 8.8% share of global steering shaft market in 2023.

Which mechanism of steering shaft will hold the highest market share in 2023?

EPS- Electronic Power Steering is predicted to account for 90.6% share of global sales in 2023.

How much market share will OEM sales capture in 2023?

OEM sales of steering shaft is expected to hold a market share of around 93.1% in 2023.

Steering Shaft Market

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