Product Code: ETC8835556 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The steering column market provides critical structural and functional components in vehicle steering systems. Growth is fueled by new vehicle assembly and aftermarket replacement demand. Integration of electronic controls and safety features like collapsible columns enhances market sophistication.
The steering column market in the Philippines is being driven by developments in modular steering column designs that allow for greater adjustability, safety, and ease of integration with electronics. The increasing adoption of steer-by-wire technologies, particularly in electric and autonomous vehicles, is expected to shape the marketâs future. Demand is also supported by the countryâs thriving automotive assembly industry.
The steering column market encounters difficulties with the integration of complex safety features such as collapsible columns and electronic controls, which demand sophisticated manufacturing capabilities. Cost-sensitive customers often prefer basic steering columns, limiting innovation adoption. Ensuring compliance with international safety standards while maintaining affordability remains a significant challenge. Furthermore, supply chain disruptions for critical components have impacted timely production and delivery.
The steering column market is a crucial segment within vehicle control systems, offering opportunities for investment in manufacturing or assembly of durable, safety-compliant columns. In the Philippines, there is increasing demand for steering columns with integrated safety features such as collapsible mechanisms and electronic controls. Investors can benefit from supplying OEMs and the aftermarket by developing locally adaptable products that meet international quality standards. Innovations supporting compatibility with advanced driver-assistance systems (ADAS) further enhance market attractiveness.
The Department of Trade and Industry (DTI) oversees regulations on automotive steering columns to ensure they meet safety and durability standards. Policies emphasize the use of advanced materials and manufacturing techniques that increase occupant protection during collisions. The government also supports local industry capabilities to produce compliant steering columns, helping reduce import dependency.
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 Philippines Automotive Steering Column Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Automotive Steering Column Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Automotive Steering Column Market - Industry Life Cycle |
3.4 Philippines Automotive Steering Column Market - Porter's Five Forces |
3.5 Philippines Automotive Steering Column Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Automotive Steering Column Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Automotive Steering Column Market Revenues & Volume Share, By Pivot Alignment Type, 2021 & 2031F |
3.8 Philippines Automotive Steering Column Market Revenues & Volume Share, By Steering System Type, 2021 & 2031F |
3.9 Philippines Automotive Steering Column Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.10 Philippines Automotive Steering Column Market Revenues & Volume Share, By Column Type, 2021 & 2031F |
4 Philippines Automotive Steering Column Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Automotive Steering Column Market Trends |
6 Philippines Automotive Steering Column Market, By Types |
6.1 Philippines Automotive Steering Column Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Automotive Steering Column Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Automotive Steering Column Market Revenues & Volume, By Hydraulic Power Steering Column, 2021- 2031F |
6.1.4 Philippines Automotive Steering Column Market Revenues & Volume, By Electric Power Steering Column, 2021- 2031F |
6.2 Philippines Automotive Steering Column Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Automotive Steering Column Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Philippines Automotive Steering Column Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3 Philippines Automotive Steering Column Market, By Pivot Alignment Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Automotive Steering Column Market Revenues & Volume, By Lower Pivot Tilt Steering Column, 2021- 2031F |
6.3.3 Philippines Automotive Steering Column Market Revenues & Volume, By Lower pivot Tilt and Telescopic Steering Column, 2021- 2031F |
6.3.4 Philippines Automotive Steering Column Market Revenues & Volume, By Upper pivot Tilt Steering Column, 2021- 2031F |
6.3.5 Philippines Automotive Steering Column Market Revenues & Volume, By Upper Pivot Tilt, 2021- 2031F |
6.3.6 Philippines Automotive Steering Column Market Revenues & Volume, By Telescope Steering Column, 2021- 2031F |
6.4 Philippines Automotive Steering Column Market, By Steering System Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Automotive Steering Column Market Revenues & Volume, By Manual Rack And Pinion Steering System, 2021- 2031F |
6.4.3 Philippines Automotive Steering Column Market Revenues & Volume, By Manual Worm and Roller Steering System, 2021- 2031F |
6.4.4 Philippines Automotive Steering Column Market Revenues & Volume, By Manual Recirculating Ball and Nut Steering System, 2021- 2031F |
6.4.5 Philippines Automotive Steering Column Market Revenues & Volume, By Hydraulic Power Steering System, 2021- 2031F |
6.4.6 Philippines Automotive Steering Column Market Revenues & Volume, By Electric Power Steering System, 2021- 2031F |
6.5 Philippines Automotive Steering Column Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines Automotive Steering Column Market Revenues & Volume, By OEM, 2021- 2031F |
6.5.3 Philippines Automotive Steering Column Market Revenues & Volume, By Aftermarket, 2021- 2031F |
6.6 Philippines Automotive Steering Column Market, By Column Type |
6.6.1 Overview and Analysis |
6.6.2 Philippines Automotive Steering Column Market Revenues & Volume, By Power Adjustable Steering Columns, 2021- 2031F |
6.6.3 Philippines Automotive Steering Column Market Revenues & Volume, By Power one touch Adjustability Columns, 2021- 2031F |
6.6.4 Philippines Automotive Steering Column Market Revenues & Volume, By Touch Control Electronic Transmission Shifter Steering Column, 2021- 2031F |
6.6.5 Philippines Automotive Steering Column Market Revenues & Volume, By Active-Energy Absorbing Steering Columns, 2021- 2031F |
6.6.6 Philippines Automotive Steering Column Market Revenues & Volume, By Non-Adjustable Steering Columns, 2021- 2031F |
6.6.7 Philippines Automotive Steering Column Market Revenues & Volume, By Rake Adjustable Steering Columns, 2021- 2031F |
7 Philippines Automotive Steering Column Market Import-Export Trade Statistics |
7.1 Philippines Automotive Steering Column Market Export to Major Countries |
7.2 Philippines Automotive Steering Column Market Imports from Major Countries |
8 Philippines Automotive Steering Column Market Key Performance Indicators |
9 Philippines Automotive Steering Column Market - Opportunity Assessment |
9.1 Philippines Automotive Steering Column Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Automotive Steering Column Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Automotive Steering Column Market Opportunity Assessment, By Pivot Alignment Type, 2021 & 2031F |
9.4 Philippines Automotive Steering Column Market Opportunity Assessment, By Steering System Type, 2021 & 2031F |
9.5 Philippines Automotive Steering Column Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.6 Philippines Automotive Steering Column Market Opportunity Assessment, By Column Type, 2021 & 2031F |
10 Philippines Automotive Steering Column Market - Competitive Landscape |
10.1 Philippines Automotive Steering Column Market Revenue Share, By Companies, 2024 |
10.2 Philippines Automotive Steering Column Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |