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)
Currently in 2025, the industry revenue of automotive steering system is evaluated at USD 24.48 billion.
The global automotive steering system market is set to expand from USD 23.81 billion in 2024 to USD 39.65 billion by 2037, reflecting a CAGR of more than 4% during the forecast timeline, from 2025 to 2037.
Asia Pacific industry is predicted to dominate majority revenue share by 2037, owing to growing number of vehicles along with increasing demand for driving-assist functions amongst vehicle users in the region.
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.
