| Product Code: ETC13217618 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Steering Column Market was valued at USD 12 Billion in 2024 and is expected to reach USD 16 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).
The Global Automotive Steering Column Market is experiencing steady growth driven by factors such as increasing vehicle production, technological advancements in steering systems, and growing demand for electric vehicles. Key players in the market are focusing on innovations to enhance safety features, improve steering efficiency, and reduce overall vehicle weight. The market is witnessing a shift towards electric power steering systems due to their benefits in terms of fuel efficiency and performance. Additionally, regulations mandating the incorporation of advanced safety features in vehicles are further propelling the market growth. Geographically, Asia Pacific is expected to dominate the market due to the presence of major automotive manufacturers and increasing demand for vehicles in emerging economies. Overall, the Global Automotive Steering Column Market is poised for continued expansion in the coming years.
The Global Automotive Steering Column Market is experiencing significant growth due to the rising demand for advanced safety features and technological advancements in vehicles. Key trends include the increasing adoption of electric power steering systems, the integration of driver-assist technologies, and the development of lightweight and collapsible steering columns for enhanced safety. Additionally, the shift towards autonomous vehicles is driving the demand for steering columns with advanced sensors and control systems. Opportunities in the market lie in the development of innovative steering column designs, partnerships with technology providers for advanced features, and focusing on sustainability by incorporating eco-friendly materials. Overall, the Automotive Steering Column Market is poised for growth driven by safety regulations, technological advancements, and the increasing consumer demand for enhanced driving experiences.
The Global Automotive Steering Column Market faces several challenges, including increasing demand for electric vehicles leading to the need for innovative steering column designs that can accommodate new technologies such as steer-by-wire systems. Additionally, the market is impacted by stringent government regulations related to vehicle safety, which require steering columns to meet certain standards for crashworthiness and occupant protection. Another challenge is the growing trend towards autonomous vehicles, which may eventually eliminate the need for traditional steering columns altogether, leading to uncertainty regarding the future demand for steering column components. Moreover, the market is also affected by supply chain disruptions and fluctuating raw material prices, which can impact manufacturing costs and profitability for steering column manufacturers.
The Global Automotive Steering Column Market is primarily driven by increasing demand for fuel-efficient vehicles, advancements in steering technology, and stringent regulations regarding vehicle safety. Consumers are increasingly looking for vehicles that offer better fuel efficiency, leading to the adoption of electric power steering systems that are more energy-efficient compared to traditional hydraulic steering systems. Additionally, technological advancements such as the integration of steering assist features and driver assistance systems are driving the market growth. Stringent safety regulations mandating the inclusion of advanced safety features in vehicles, including steering columns with enhanced crash protection capabilities, are also contributing to the market expansion. Overall, these factors are fueling the growth of the Global Automotive Steering Column Market.
Government policies related to the Global Automotive Steering Column Market primarily focus on safety regulations and emission standards. Countries around the world have implemented strict guidelines to ensure that vehicles meet certain safety requirements, including the design and functionality of steering columns to prevent injuries in case of accidents. Additionally, many governments are pushing for the adoption of electric vehicles to reduce carbon emissions and combat climate change, which impacts steering column technology by promoting innovations in electric power steering systems. These policies are driving the automotive industry to develop more advanced steering column technologies that are both safe and environmentally friendly, shaping the future of the Global Automotive Steering Column Market.
The Global Automotive Steering Column Market is poised for steady growth in the coming years, driven by advancements in vehicle technology, increasing demand for electric vehicles, and the growing focus on driver safety and comfort. The market is expected to witness a shift towards advanced steering systems, such as electric power steering and steer-by-wire technology, as automakers strive to enhance vehicle performance and efficiency. Additionally, the rising adoption of autonomous driving technology is likely to create opportunities for innovative steering column designs that cater to the needs of self-driving vehicles. With a push towards lightweight materials and improved ergonomics, the automotive steering column market is projected to expand as automotive manufacturers prioritize innovation and sustainability in their product offerings.
In the Global Automotive Steering Column Market, Asia is expected to witness significant growth due to the increasing automotive production and sales in countries like China and India. North America is likely to experience steady growth driven by technological advancements in steering systems. Europe is anticipated to maintain a strong presence in the market with a focus on developing advanced safety features for vehicles. The Middle East and Africa region is projected to show moderate growth, driven by the rising demand for commercial vehicles. Latin America is expected to witness growth primarily due to the increasing investments in the automotive sector and the growing demand for passenger vehicles in countries like Brazil and Mexico. Overall, the global automotive steering column market is poised for growth across all regions, with Asia leading the way in terms of market expansion.
Global Automotive Steering Column 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 Global Automotive Steering Column Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Steering Column Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Steering Column Market - Industry Life Cycle |
3.4 Global Automotive Steering Column Market - Porter's Five Forces |
3.5 Global Automotive Steering Column Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Steering Column Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Automotive Steering Column Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Automotive Steering Column Market Revenues & Volume Share, By Pivot Alignment Type, 2021 & 2031F |
3.9 Global Automotive Steering Column Market Revenues & Volume Share, By Steering System Type, 2021 & 2031F |
3.10 Global Automotive Steering Column Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.11 Global Automotive Steering Column Market Revenues & Volume Share, By Column Type, 2021 & 2031F |
4 Global Automotive Steering Column Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Steering Column Market Trends |
6 Global Automotive Steering Column Market, 2021 - 2031 |
6.1 Global Automotive Steering Column Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Steering Column Market, Revenues & Volume, By Hydraulic Power Steering Column, 2021 - 2031 |
6.1.3 Global Automotive Steering Column Market, Revenues & Volume, By Electric Power Steering Column, 2021 - 2031 |
6.2 Global Automotive Steering Column Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Steering Column Market, Revenues & Volume, By Passenger Cars, 2021 - 2031 |
6.2.3 Global Automotive Steering Column Market, Revenues & Volume, By Commercial Vehicles, 2021 - 2031 |
6.3 Global Automotive Steering Column Market, Revenues & Volume, By Pivot Alignment Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive Steering Column Market, Revenues & Volume, By Lower Pivot Tilt Steering Column, 2021 - 2031 |
6.3.3 Global Automotive Steering Column Market, Revenues & Volume, By Lower pivot Tilt and Telescopic Steering Column, 2021 - 2031 |
6.3.4 Global Automotive Steering Column Market, Revenues & Volume, By Upper pivot Tilt Steering Column, 2021 - 2031 |
6.3.5 Global Automotive Steering Column Market, Revenues & Volume, By Upper Pivot Tilt, 2021 - 2031 |
6.3.6 Global Automotive Steering Column Market, Revenues & Volume, By Telescope Steering Column, 2021 - 2031 |
6.4 Global Automotive Steering Column Market, Revenues & Volume, By Steering System Type, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Automotive Steering Column Market, Revenues & Volume, By Manual Rack And Pinion Steering System, 2021 - 2031 |
6.4.3 Global Automotive Steering Column Market, Revenues & Volume, By Manual Worm and Roller Steering System, 2021 - 2031 |
6.4.4 Global Automotive Steering Column Market, Revenues & Volume, By Manual Recirculating Ball and Nut Steering System, 2021 - 2031 |
6.4.5 Global Automotive Steering Column Market, Revenues & Volume, By Hydraulic Power Steering System, 2021 - 2031 |
6.4.6 Global Automotive Steering Column Market, Revenues & Volume, By Electric Power Steering System, 2021 - 2031 |
6.5 Global Automotive Steering Column Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Automotive Steering Column Market, Revenues & Volume, By OEM, 2021 - 2031 |
6.5.3 Global Automotive Steering Column Market, Revenues & Volume, By Aftermarket, 2021 - 2031 |
6.6 Global Automotive Steering Column Market, Revenues & Volume, By Column Type, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Automotive Steering Column Market, Revenues & Volume, By Power Adjustable Steering Columns, 2021 - 2031 |
6.6.3 Global Automotive Steering Column Market, Revenues & Volume, By Power one touch Adjustability Columns, 2021 - 2031 |
6.6.4 Global Automotive Steering Column Market, Revenues & Volume, By Touch Control Electronic Transmission Shifter Steering Column, 2021 - 2031 |
6.6.5 Global Automotive Steering Column Market, Revenues & Volume, By Active-Energy Absorbing Steering Columns, 2021 - 2031 |
6.6.6 Global Automotive Steering Column Market, Revenues & Volume, By Non-Adjustable Steering Columns, 2021 - 2031 |
6.6.7 Global Automotive Steering Column Market, Revenues & Volume, By Rake Adjustable Steering Columns, 2021 - 2031 |
6.6.8 Global Automotive Steering Column Market, Revenues & Volume, By Tilt-Adjustable Steering Columns, 2021 - 2031 |
7 North America Automotive Steering Column Market, Overview & Analysis |
7.1 North America Automotive Steering Column Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Steering Column Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Steering Column Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Automotive Steering Column Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Automotive Steering Column Market, Revenues & Volume, By Pivot Alignment Type, 2021 - 2031 |
7.6 North America Automotive Steering Column Market, Revenues & Volume, By Steering System Type, 2021 - 2031 |
7.7 North America Automotive Steering Column Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
7.8 North America Automotive Steering Column Market, Revenues & Volume, By Column Type, 2021 - 2031 |
8 Latin America (LATAM) Automotive Steering Column Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Steering Column Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Steering Column Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Steering Column Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Steering Column Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive Steering Column Market, Revenues & Volume, By Pivot Alignment Type, 2021 - 2031 |
8.6 Latin America (LATAM) Automotive Steering Column Market, Revenues & Volume, By Steering System Type, 2021 - 2031 |
8.7 Latin America (LATAM) Automotive Steering Column Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
8.8 Latin America (LATAM) Automotive Steering Column Market, Revenues & Volume, By Column Type, 2021 - 2031 |
9 Asia Automotive Steering Column Market, Overview & Analysis |
9.1 Asia Automotive Steering Column Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Steering Column Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Steering Column Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Automotive Steering Column Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Automotive Steering Column Market, Revenues & Volume, By Pivot Alignment Type, 2021 - 2031 |
9.6 Asia Automotive Steering Column Market, Revenues & Volume, By Steering System Type, 2021 - 2031 |
9.7 Asia Automotive Steering Column Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
9.8 Asia Automotive Steering Column Market, Revenues & Volume, By Column Type, 2021 - 2031 |
10 Africa Automotive Steering Column Market, Overview & Analysis |
10.1 Africa Automotive Steering Column Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Steering Column Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Steering Column Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Automotive Steering Column Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Automotive Steering Column Market, Revenues & Volume, By Pivot Alignment Type, 2021 - 2031 |
10.6 Africa Automotive Steering Column Market, Revenues & Volume, By Steering System Type, 2021 - 2031 |
10.7 Africa Automotive Steering Column Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
10.8 Africa Automotive Steering Column Market, Revenues & Volume, By Column Type, 2021 - 2031 |
11 Europe Automotive Steering Column Market, Overview & Analysis |
11.1 Europe Automotive Steering Column Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Steering Column Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Steering Column Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Automotive Steering Column Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Automotive Steering Column Market, Revenues & Volume, By Pivot Alignment Type, 2021 - 2031 |
11.6 Europe Automotive Steering Column Market, Revenues & Volume, By Steering System Type, 2021 - 2031 |
11.7 Europe Automotive Steering Column Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
11.8 Europe Automotive Steering Column Market, Revenues & Volume, By Column Type, 2021 - 2031 |
12 Middle East Automotive Steering Column Market, Overview & Analysis |
12.1 Middle East Automotive Steering Column Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Steering Column Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Steering Column Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Steering Column Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Automotive Steering Column Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Automotive Steering Column Market, Revenues & Volume, By Pivot Alignment Type, 2021 - 2031 |
12.6 Middle East Automotive Steering Column Market, Revenues & Volume, By Steering System Type, 2021 - 2031 |
12.7 Middle East Automotive Steering Column Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
12.8 Middle East Automotive Steering Column Market, Revenues & Volume, By Column Type, 2021 - 2031 |
13 Global Automotive Steering Column Market Key Performance Indicators |
14 Global Automotive Steering Column Market - Export/Import By Countries Assessment |
15 Global Automotive Steering Column Market - Opportunity Assessment |
15.1 Global Automotive Steering Column Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Steering Column Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Automotive Steering Column Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Automotive Steering Column Market Opportunity Assessment, By Pivot Alignment Type, 2021 & 2031F |
15.5 Global Automotive Steering Column Market Opportunity Assessment, By Steering System Type, 2021 & 2031F |
15.6 Global Automotive Steering Column Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
15.7 Global Automotive Steering Column Market Opportunity Assessment, By Column Type, 2021 & 2031F |
16 Global Automotive Steering Column Market - Competitive Landscape |
16.1 Global Automotive Steering Column Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Steering Column Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |