| Product Code: ETC4576416 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In Australia, the automotive steering system market is experiencing technological advancements such as steer-by-wire and electric power steering (EPS) systems. The market is driven by factors like safety regulations, vehicle electrification trends, and consumer demand for enhanced driving experience.
The automotive steering system market in Australia is influenced by factors such as vehicle safety regulations, technological advancements in steering technology, and consumer preferences for responsive and easy-to-use steering systems. The adoption of electric power steering (EPS) and steer-by-wire systems contributes to market growth.
A challenge in Australia automotive steering system market is developing systems that offer precise and responsive steering feel while also integrating advanced features such as electric power assistance and autonomous driving functionalities.
In Australia, the automotive steering system market is regulated to ensure precise and responsive vehicle steering for safe and comfortable driving experiences. Government policies promote the use of steering systems that meet safety standards and provide reliable control under different driving conditions. Regulatory frameworks govern steering system specifications, including steering ratio, assist levels, and feedback mechanisms, to meet safety and performance requirements. Additionally, initiatives focus on research and development to innovate steering system technologies, improve steering feel and response, and integrate with advanced driver assistance features to enhance vehicle handling and safety in the Australia automotive market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Automotive Steering System Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Automotive Steering System Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Automotive Steering System Market - Industry Life Cycle |
3.4 Australia Automotive Steering System Market - Porter's Five Forces |
3.5 Australia Automotive Steering System Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Australia Automotive Steering System Market Revenues & Volume Share, By EPS Type, 2021 & 2031F |
3.7 Australia Automotive Steering System Market Revenues & Volume Share, By Pinion, 2021 & 2031F |
3.8 Australia Automotive Steering System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Australia Automotive Steering System Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Australia Automotive Steering System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced driver-assistance systems (ADAS) in vehicles |
4.2.2 Growing focus on vehicle safety and comfort features by consumers |
4.2.3 Technological advancements in automotive steering systems leading to enhanced performance |
4.3 Market Restraints |
4.3.1 High initial cost associated with advanced steering system technologies |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Stringent government regulations related to vehicle safety standards |
5 Australia Automotive Steering System Market Trends |
6 Australia Automotive Steering System Market, By Types |
6.1 Australia Automotive Steering System Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Australia Automotive Steering System Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 Australia Automotive Steering System Market Revenues & Volume, By HPS, 2021-2031F |
6.1.4 Australia Automotive Steering System Market Revenues & Volume, By EHPS, 2021-2031F |
6.1.5 Australia Automotive Steering System Market Revenues & Volume, By EPS, 2021-2031F |
6.2 Australia Automotive Steering System Market, By EPS Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Automotive Steering System Market Revenues & Volume, By R-EPS, 2021-2031F |
6.2.3 Australia Automotive Steering System Market Revenues & Volume, By C-EPS, 2021-2031F |
6.2.4 Australia Automotive Steering System Market Revenues & Volume, By P-EPS, 2021-2031F |
6.3 Australia Automotive Steering System Market, By Pinion |
6.3.1 Overview and Analysis |
6.3.2 Australia Automotive Steering System Market Revenues & Volume, By Single, 2021-2031F |
6.3.3 Australia Automotive Steering System Market Revenues & Volume, By Dual, 2021-2031F |
6.4 Australia Automotive Steering System Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Australia Automotive Steering System Market Revenues & Volume, By Electric Power Steering (EPS), 2021-2031F |
6.4.3 Australia Automotive Steering System Market Revenues & Volume, By Hydraulic Power Steering (HPS), 2021-2031F |
6.4.4 Australia Automotive Steering System Market Revenues & Volume, By Electro-Hydraulic Power Steering (EHPS), 2021-2031F |
6.4.5 Australia Automotive Steering System Market Revenues & Volume, By Manual Steering, 2021-2031F |
6.5 Australia Automotive Steering System Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Australia Automotive Steering System Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.5.3 Australia Automotive Steering System Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.5.4 Australia Automotive Steering System Market Revenues & Volume, By Heavy Commercial Vehicles, 2021-2031F |
7 Australia Automotive Steering System Market Import-Export Trade Statistics |
7.1 Australia Automotive Steering System Market Export to Major Countries |
7.2 Australia Automotive Steering System Market Imports from Major Countries |
8 Australia Automotive Steering System Market Key Performance Indicators |
8.1 Adoption rate of vehicles equipped with advanced steering systems |
8.2 Average lifespan of automotive steering systems in vehicles |
8.3 Rate of innovation and introduction of new steering system technologies |
9 Australia Automotive Steering System Market - Opportunity Assessment |
9.1 Australia Automotive Steering System Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Australia Automotive Steering System Market Opportunity Assessment, By EPS Type, 2021 & 2031F |
9.3 Australia Automotive Steering System Market Opportunity Assessment, By Pinion, 2021 & 2031F |
9.4 Australia Automotive Steering System Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Australia Automotive Steering System Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Australia Automotive Steering System Market - Competitive Landscape |
10.1 Australia Automotive Steering System Market Revenue Share, By Companies, 2024 |
10.2 Australia Automotive Steering System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |