| Product Code: ETC7540421 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s commercial vehicle steering column import shipments in 2024 continued to see a steady increase, with top exporters being China, Japan, Germany, Thailand, and South Korea. The market concentration, as measured by the HHI, remained at a moderate level, indicating a healthy level of competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 12.14%, demonstrating sustained market expansion. Additionally, the growth rate from 2023 to 2024 was recorded at 3.33%, showcasing continued momentum in the import of commercial vehicle steering columns into India.

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 Commercial Vehicle Steering Column Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Commercial Vehicle Steering Column Market Revenues & Volume, 2021 & 2031F |
3.3 India Commercial Vehicle Steering Column Market - Industry Life Cycle |
3.4 India Commercial Vehicle Steering Column Market - Porter's Five Forces |
3.5 India Commercial Vehicle Steering Column Market Revenues & Volume Share, By Column Type, 2021 & 2031F |
3.6 India Commercial Vehicle Steering Column Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 India Commercial Vehicle Steering Column Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 India Commercial Vehicle Steering Column Market Revenues & Volume Share, By Steering System, 2021 & 2031F |
4 India Commercial Vehicle Steering Column Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for commercial vehicles in India |
4.2.2 Technological advancements in steering column design and manufacturing |
4.2.3 Growing focus on vehicle safety and comfort features |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting manufacturing costs |
4.3.2 Regulatory changes impacting the production and adoption of steering columns |
4.3.3 Competition from alternative steering technologies |
5 India Commercial Vehicle Steering Column Market Trends |
6 India Commercial Vehicle Steering Column Market, By Types |
6.1 India Commercial Vehicle Steering Column Market, By Column Type |
6.1.1 Overview and Analysis |
6.1.2 India Commercial Vehicle Steering Column Market Revenues & Volume, By Column Type, 2021- 2031F |
6.1.3 India Commercial Vehicle Steering Column Market Revenues & Volume, By Adjustable Steering Columns, 2021- 2031F |
6.1.4 India Commercial Vehicle Steering Column Market Revenues & Volume, By Non-adjustable Steering Columns, 2021- 2031F |
6.2 India Commercial Vehicle Steering Column Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 India Commercial Vehicle Steering Column Market Revenues & Volume, By Class 6 (GVWR - 19,501 to 26,000 pounds), 2021- 2031F |
6.2.3 India Commercial Vehicle Steering Column Market Revenues & Volume, By Class 7 (GVWR - 26,001 to 33,000 pounds), 2021- 2031F |
6.2.4 India Commercial Vehicle Steering Column Market Revenues & Volume, By Class 8 (GVWR - Above 33,000 pounds), 2021- 2031F |
6.3 India Commercial Vehicle Steering Column Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 India Commercial Vehicle Steering Column Market Revenues & Volume, By OEM, 2021- 2031F |
6.3.3 India Commercial Vehicle Steering Column Market Revenues & Volume, By OES, 2021- 2031F |
6.3.4 India Commercial Vehicle Steering Column Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.4 India Commercial Vehicle Steering Column Market, By Steering System |
6.4.1 Overview and Analysis |
6.4.2 India Commercial Vehicle Steering Column Market Revenues & Volume, By Manual Worm & Roller Steering System, 2021- 2031F |
6.4.3 India Commercial Vehicle Steering Column Market Revenues & Volume, By Power Steering System, 2021- 2031F |
6.4.4 India Commercial Vehicle Steering Column Market Revenues & Volume, By Manual Recirculating Ball & Nut Steering System, 2021- 2031F |
6.4.5 India Commercial Vehicle Steering Column Market Revenues & Volume, By Manual Rack and Pinion Steering System, 2021- 2031F |
7 India Commercial Vehicle Steering Column Market Import-Export Trade Statistics |
7.1 India Commercial Vehicle Steering Column Market Export to Major Countries |
7.2 India Commercial Vehicle Steering Column Market Imports from Major Countries |
8 India Commercial Vehicle Steering Column Market Key Performance Indicators |
8.1 Average lifespan of steering columns in commercial vehicles |
8.2 Adoption rate of advanced steering column features in new vehicle models |
8.3 Number of safety certifications obtained by steering column manufacturers |
8.4 Rate of innovation in steering column design and materials |
8.5 Customer satisfaction scores related to steering column performance and comfort |
9 India Commercial Vehicle Steering Column Market - Opportunity Assessment |
9.1 India Commercial Vehicle Steering Column Market Opportunity Assessment, By Column Type, 2021 & 2031F |
9.2 India Commercial Vehicle Steering Column Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 India Commercial Vehicle Steering Column Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 India Commercial Vehicle Steering Column Market Opportunity Assessment, By Steering System, 2021 & 2031F |
10 India Commercial Vehicle Steering Column Market - Competitive Landscape |
10.1 India Commercial Vehicle Steering Column Market Revenue Share, By Companies, 2024 |
10.2 India Commercial Vehicle Steering Column Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |