Product Code: ETC4576405 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India Automotive Steering System market plays a pivotal role in the safety and handling of vehicles. This market includes various components like power steering systems, rack and pinion systems, and electric power steering. With a growing automotive industry in India, the steering system market is constantly evolving to cater to the needs of consumers and manufacturers alike.
The growth of the automotive steering system market in India is driven by safety concerns and the need for responsive and precise steering mechanisms. As road safety regulations become more stringent, advanced steering systems are in demand.
The India automotive steering system market encounters challenges in developing advanced steering technologies for safety, comfort, and autonomous driving features. Integration with evolving vehicle architectures is a key concern.
The COVID-19 pandemic disrupted the automotive steering system market in India, primarily due to a decrease in vehicle manufacturing and sales. As the automotive industry bounces back and technological advancements, such as electric power steering, gain popularity, the market for automotive steering systems is expected to recover and evolve.
Notable companies in the automotive steering system market are Bosch India, ZF Steering Gear, and Mando India Automotive Systems. They provide steering systems and components for vehicles.
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 India Automotive Steering System Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Steering System Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Steering System Market - Industry Life Cycle |
3.4 India Automotive Steering System Market - Porter's Five Forces |
3.5 India Automotive Steering System Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 India Automotive Steering System Market Revenues & Volume Share, By EPS Type, 2021 & 2031F |
3.7 India Automotive Steering System Market Revenues & Volume Share, By Pinion, 2021 & 2031F |
3.8 India Automotive Steering System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 India Automotive Steering System Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Automotive Steering System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in India |
4.2.2 Technological advancements in automotive steering systems |
4.2.3 Government initiatives promoting electric vehicles and smart transportation solutions |
4.3 Market Restraints |
4.3.1 High initial cost of advanced steering systems |
4.3.2 Fluctuating raw material prices |
4.3.3 Regulatory challenges and compliance requirements |
5 India Automotive Steering System Market Trends |
6 India Automotive Steering System Market, By Types |
6.1 India Automotive Steering System Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Steering System Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 India Automotive Steering System Market Revenues & Volume, By HPS, 2021-2031F |
6.1.4 India Automotive Steering System Market Revenues & Volume, By EHPS, 2021-2031F |
6.1.5 India Automotive Steering System Market Revenues & Volume, By EPS, 2021-2031F |
6.2 India Automotive Steering System Market, By EPS Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Steering System Market Revenues & Volume, By R-EPS, 2021-2031F |
6.2.3 India Automotive Steering System Market Revenues & Volume, By C-EPS, 2021-2031F |
6.2.4 India Automotive Steering System Market Revenues & Volume, By P-EPS, 2021-2031F |
6.3 India Automotive Steering System Market, By Pinion |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Steering System Market Revenues & Volume, By Single, 2021-2031F |
6.3.3 India Automotive Steering System Market Revenues & Volume, By Dual, 2021-2031F |
6.4 India Automotive Steering System Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 India Automotive Steering System Market Revenues & Volume, By Electric Power Steering (EPS), 2021-2031F |
6.4.3 India Automotive Steering System Market Revenues & Volume, By Hydraulic Power Steering (HPS), 2021-2031F |
6.4.4 India Automotive Steering System Market Revenues & Volume, By Electro-Hydraulic Power Steering (EHPS), 2021-2031F |
6.4.5 India Automotive Steering System Market Revenues & Volume, By Manual Steering, 2021-2031F |
6.5 India Automotive Steering System Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 India Automotive Steering System Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.5.3 India Automotive Steering System Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.5.4 India Automotive Steering System Market Revenues & Volume, By Heavy Commercial Vehicles, 2021-2031F |
7 India Automotive Steering System Market Import-Export Trade Statistics |
7.1 India Automotive Steering System Market Export to Major Countries |
7.2 India Automotive Steering System Market Imports from Major Countries |
8 India Automotive Steering System Market Key Performance Indicators |
8.1 Adoption rate of electric vehicles in India |
8.2 Average age of vehicles on the road |
8.3 Investment in research and development for steering system technologies |
8.4 Percentage of vehicles equipped with advanced driver-assistance systems |
8.5 Number of road accidents attributed to steering system failures |
9 India Automotive Steering System Market - Opportunity Assessment |
9.1 India Automotive Steering System Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 India Automotive Steering System Market Opportunity Assessment, By EPS Type, 2021 & 2031F |
9.3 India Automotive Steering System Market Opportunity Assessment, By Pinion, 2021 & 2031F |
9.4 India Automotive Steering System Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 India Automotive Steering System Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive Steering System Market - Competitive Landscape |
10.1 India Automotive Steering System Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Steering System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |