| Product Code: ETC4576431 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Kenya Automotive Steering System Market is experiencing steady growth driven by increasing vehicle sales and technological advancements. The market is primarily dominated by hydraulic power steering systems, although there is a growing trend towards electric power steering systems due to their efficiency and environmental benefits. Key players in the market include ZF Friedrichshafen AG, JTEKT Corporation, and Robert Bosch GmbH. Factors such as rising disposable income, urbanization, and government initiatives to improve road infrastructure are contributing to the expansion of the automotive steering system market in Kenya. Additionally, the demand for safety features in vehicles is pushing manufacturers to develop advanced steering systems to meet consumer preferences and regulatory requirements. As the automotive industry in Kenya continues to evolve, the steering system market is expected to witness further growth and innovation.
The Kenya Automotive Steering System Market is experiencing a shift towards advanced technologies such as electric power steering systems, which offer improved fuel efficiency and vehicle performance. The market is also seeing a growing demand for integrated steering systems that incorporate features like driver assistance systems and autonomous driving capabilities. Additionally, there is an increasing focus on sustainability, driving the adoption of eco-friendly steering solutions. Opportunities lie in partnerships between automakers and technology providers to develop innovative steering systems tailored to the local market needs, as well as the potential for aftermarket upgrades and replacements. With the automotive industry in Kenya poised for growth, companies that can offer cutting-edge steering technologies and solutions are well positioned to capitalize on these trends.
The Kenya Automotive Steering System Market faces several challenges, including limited technological advancements and access to modern steering system components. The high cost of importing steering system parts and components due to tariffs and taxes also hinders market growth. Additionally, the presence of counterfeit and substandard steering system products in the market poses a significant threat to consumer safety and trust in the industry. Lack of skilled technicians for repair and maintenance services further impacts the market, leading to longer downtime for vehicles. Furthermore, the overall economic instability in Kenya, coupled with fluctuating exchange rates, adds another layer of challenge for both manufacturers and consumers in the automotive steering system market.
The Kenya Automotive Steering System Market is primarily driven by factors such as the increasing demand for vehicles due to rising disposable income levels and urbanization, leading to a surge in the automotive industry. Additionally, the government`s focus on infrastructure development and improving road networks has boosted the demand for automobiles, thereby driving the market for automotive steering systems. Technological advancements in power steering systems, as well as the growing trend towards electric vehicles, are also significant drivers propelling market growth. Furthermore, the emphasis on vehicle safety and the need for enhanced driving experience are encouraging automotive manufacturers to invest in innovative steering system technologies, further fueling the market`s expansion.
The Kenyan government has implemented various policies to promote the growth of the automotive industry, including the automotive steering system market. These policies include the National Automotive Policy, which aims to promote local assembly and manufacturing of vehicles and components to boost the automotive sector`s competitiveness. The government has also provided incentives such as tax breaks and duty exemptions to attract investment in the automotive industry. Additionally, regulations on vehicle standards and safety requirements have been put in place to ensure the quality and reliability of automotive steering systems and other components. Overall, these government policies are geared towards fostering a conducive environment for the growth and development of the Kenya Automotive Steering System Market.
The future outlook for the Kenya Automotive Steering System Market appears promising with steady growth anticipated in the coming years. Factors such as the growing demand for vehicles, increasing disposable income, and advancements in technology are expected to drive market expansion. Additionally, the government`s focus on infrastructure development and initiatives to promote the automotive industry in the country will further propel the market growth. As more automotive manufacturers look to enter the Kenyan market and consumers continue to seek vehicles with advanced steering systems for improved safety and performance, the automotive steering system market in Kenya is likely to experience robust growth and present opportunities for both domestic and international players in the industry.
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 Kenya Automotive Steering System Market Overview |
3.1 Kenya Country Macro Economic Indicators |
3.2 Kenya Automotive Steering System Market Revenues & Volume, 2021 & 2031F |
3.3 Kenya Automotive Steering System Market - Industry Life Cycle |
3.4 Kenya Automotive Steering System Market - Porter's Five Forces |
3.5 Kenya Automotive Steering System Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Kenya Automotive Steering System Market Revenues & Volume Share, By EPS Type, 2021 & 2031F |
3.7 Kenya Automotive Steering System Market Revenues & Volume Share, By Pinion, 2021 & 2031F |
3.8 Kenya Automotive Steering System Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Kenya Automotive Steering System Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Kenya Automotive Steering System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for vehicles in Kenya due to increasing disposable income and urbanization |
4.2.2 Government initiatives to promote the automotive industry and attract foreign investments |
4.2.3 Technological advancements in automotive steering systems leading to improved safety and performance |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes on automotive components leading to increased production costs |
4.3.2 Limited availability of skilled labor and infrastructure for manufacturing automotive steering systems in Kenya |
5 Kenya Automotive Steering System Market Trends |
6 Kenya Automotive Steering System Market, By Types |
6.1 Kenya Automotive Steering System Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Kenya Automotive Steering System Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 Kenya Automotive Steering System Market Revenues & Volume, By HPS, 2021 - 2031F |
6.1.4 Kenya Automotive Steering System Market Revenues & Volume, By EHPS, 2021 - 2031F |
6.1.5 Kenya Automotive Steering System Market Revenues & Volume, By EPS, 2021 - 2031F |
6.2 Kenya Automotive Steering System Market, By EPS Type |
6.2.1 Overview and Analysis |
6.2.2 Kenya Automotive Steering System Market Revenues & Volume, By R-EPS, 2021 - 2031F |
6.2.3 Kenya Automotive Steering System Market Revenues & Volume, By C-EPS, 2021 - 2031F |
6.2.4 Kenya Automotive Steering System Market Revenues & Volume, By P-EPS, 2021 - 2031F |
6.3 Kenya Automotive Steering System Market, By Pinion |
6.3.1 Overview and Analysis |
6.3.2 Kenya Automotive Steering System Market Revenues & Volume, By Single, 2021 - 2031F |
6.3.3 Kenya Automotive Steering System Market Revenues & Volume, By Dual, 2021 - 2031F |
6.4 Kenya Automotive Steering System Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Kenya Automotive Steering System Market Revenues & Volume, By Electric Power Steering (EPS), 2021 - 2031F |
6.4.3 Kenya Automotive Steering System Market Revenues & Volume, By Hydraulic Power Steering (HPS), 2021 - 2031F |
6.4.4 Kenya Automotive Steering System Market Revenues & Volume, By Electro-Hydraulic Power Steering (EHPS), 2021 - 2031F |
6.4.5 Kenya Automotive Steering System Market Revenues & Volume, By Manual Steering, 2021 - 2031F |
6.5 Kenya Automotive Steering System Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Kenya Automotive Steering System Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.5.3 Kenya Automotive Steering System Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.5.4 Kenya Automotive Steering System Market Revenues & Volume, By Heavy Commercial Vehicles, 2021 - 2031F |
7 Kenya Automotive Steering System Market Import-Export Trade Statistics |
7.1 Kenya Automotive Steering System Market Export to Major Countries |
7.2 Kenya Automotive Steering System Market Imports from Major Countries |
8 Kenya Automotive Steering System Market Key Performance Indicators |
8.1 Average age of vehicles in Kenya |
8.2 Number of new vehicle registrations |
8.3 Investment in research and development for automotive steering systems |
8.4 Adoption rate of advanced steering technologies in vehicles |
8.5 Number of partnerships and collaborations between local and international automotive companies in Kenya |
9 Kenya Automotive Steering System Market - Opportunity Assessment |
9.1 Kenya Automotive Steering System Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Kenya Automotive Steering System Market Opportunity Assessment, By EPS Type, 2021 & 2031F |
9.3 Kenya Automotive Steering System Market Opportunity Assessment, By Pinion, 2021 & 2031F |
9.4 Kenya Automotive Steering System Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Kenya Automotive Steering System Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Kenya Automotive Steering System Market - Competitive Landscape |
10.1 Kenya Automotive Steering System Market Revenue Share, By Companies, 2024 |
10.2 Kenya Automotive Steering System Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |